NOT LISTED FOR SALE

Estimated Value: $3,018,000 - $3,451,000

2 Beds
1 Bath
1,173 Sq Ft
$2,707/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $1,950,000 $1,662 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $19,591/month

22 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Addison Elementary School Rated A+
  • Dining Area
  • 1-Story Property

About This Home

As of June 2015

Charming Crescent Park Bungalow! Built in 1937, this 2 bd, 1 ba home exudes character from its hardwood floors to the living room brick fireplace to the quaint kitchen. One bedroom with attached bath and one extra large bedroom that opens to the outdoor patio. Located on a secluded lot off of the main street. The back yard is a private sanctuary in the middle of the city, with fruit and flowering trees. Close to vibrant downtown Palo Alto. Excellent PA schools. Great opportunity to put down roots in PA.

Last Agent to Sell the Property

Michelle Taser

Golden Gate Sotheby's International Realty License #01775122 Listed on: 05/06/2015

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Don Yarkin

Yarkin Realty License #00673086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,513

Year Built

  • Built in 1937

Lot Details

  • 5,184 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Master Meter

Listing and Financial Details

  • Assessor Parcel Number 003-21-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,513

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 1173
  • Year Built: 1937
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1173
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 003-21-016
  • Lot Acres: 0.1190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5200.00

Multi Family

  • Utilities: Master Meter

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jul 20, 2015
Sold by
Chichilnisky Graciela
Bought by
Chichilnisky Eduardo J
Seller's Agent
Michelle Taser
Golden Gate Sotheby's International Realty
Buyer's Agent
Don Yarkin
Yarkin Realty
List Price
$1,998,000
Sold Price
$1,950,000
Premium/Discount to List
-$48,000
-2.4%
Total Days on Market
22
Current Estimated Value
$3,174,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,224,776
Avg. Annual Appreciation
4.85%
Original Mortgage
$325,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2015
Sold by
Fahrig Rebecca and Colangelo Werner
Bought by
Chichilnisky Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2010
Sold by
Fahrig Rebecca and Colangelo Werner
Bought by
Fahrig Rebecca and Colangelo Werner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
Sold by
Beach Laura J and Beach John B
Bought by
Fahrig Rebecca and Colangelo Werner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1999
Sold by
Mendenhall Alice C Trust and Randolph P
Bought by
Beach Alice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 1998
Sold by
Mendenhall Alice C
Bought by
Mendenhall Alice C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chichilnisky Eduardo J $1,700,000 Chicago Title Company
Chichilnisky Graciela $1,950,000 Chicago Title Company
Fahrig Rebecca -- First American Title Company
Fahrig Rebecca $950,000 Financial Title Company
Beach Alice L -- First American Title Guarant
Mendenhall Alice C -- --
Mendenhall Alice C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chichilnisky Eduardo J $296,000
Closed Chichilnisky Eduardo J $325,000
Open Chichilnisky Eduardo J $700,000
Closed Chichilnisky Eduardo J $200,000
Closed Chichilnisky Eduardo J $100,000
Previous Owner Fahrig Rebecca $75,000
Previous Owner Chichilnisky Graciela $1,462,500
Previous Owner Fahrig Rebecca $400,000
Previous Owner Fahrig Rebecca $300,000
Previous Owner Beach Alice L $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $1,950,000 +2.9% $1,662 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/28/2015 05/28/15 Price Changed $1,895,000 -5.2% $1,616 / Sq Ft
05/06/2015 05/06/15 For Sale $1,998,000 -- $1,703 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,513 $2,308,398 $2,278,807 $29,591
2024 $27,513 $2,263,136 $2,234,125 $29,011
2023 $27,106 $2,218,762 $2,190,319 $28,443
2022 $26,790 $2,175,258 $2,147,372 $27,886
2021 $26,261 $2,132,607 $2,105,267 $27,340
2020 $25,721 $2,110,741 $2,083,681 $27,060
2019 $25,435 $2,069,355 $2,042,825 $26,530
2018 $24,738 $2,028,780 $2,002,770 $26,010
2017 $24,384 $1,989,000 $1,963,500 $25,500
2016 $23,745 $1,950,000 $1,925,000 $25,000
2015 $13,605 $1,080,209 $966,506 $113,703
2014 $13,281 $1,059,050 $947,574 $111,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81463742

MLSListings

APN: 003-21-016