NOT LISTED FOR SALE

Estimated Value: $4,938,000 - $5,707,000

4 Beds
3 Baths
2,701 Sq Ft
$1,985/Sq Ft Est. Value

About This Home

This home is located at 938 Addison Ave, Palo Alto, CA 94301 and is currently estimated at $5,361,155, approximately $1,984 per square foot. 938 Addison Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Zhang Michael Y and Lu Jean Q
Bought by
Zhang Michael Yimin and Lu Jean Qing
Current Estimated Value
$5,361,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Lacy Joseph R
Bought by
Zhang Michael Y and Lu Jean Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Lacy Joseph R
Bought by
Lacy Joseph R and The Joseph R Lacy Revocable Living Trust

Purchase Details

Closed on
Dec 8, 1998
Sold by
Lacy Joseph R and Lacy Patricia B
Bought by
Lacy Joseph R and Lacy Patricia Blair
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Zhang Michael Yimin -- Chicago Title Company
Zhang Michael Y $2,025,000 Chicago Title Company
Lacy Joseph R -- None Available
Lacy Joseph R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Michael Yimin $1,760,000
Closed Zhang Michael Yimin $600,000
Closed Zhang Michael Yimin $1,532,000
Closed Zhang Michael Yimin $600,000
Closed Zhang Michael Y $910,000
Closed Zhang Michael Y $975,000
Closed Zhang Michael Y $985,000
Closed Zhang Michael Y $610,000
Closed Zhang Michael Y $1,500,000
Previous Owner Lacy Joseph R $343,300
Source: Public Records

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
2024 $30,805 $2,543,505 $2,009,686 $533,819
2023 $30,351 $2,493,633 $1,970,281 $523,352
2022 $29,999 $2,444,740 $1,931,649 $513,091
2021 $29,406 $2,396,805 $1,893,774 $503,031
2020 $28,799 $2,372,230 $1,874,356 $497,874
2019 $28,480 $2,325,716 $1,837,604 $488,112
2018 $27,696 $2,280,115 $1,801,573 $478,542
2017 $27,209 $2,235,408 $1,766,249 $469,159
2016 $26,496 $2,191,577 $1,731,617 $459,960
2015 $26,237 $2,158,658 $1,705,607 $453,051
2014 $25,707 $2,116,374 $1,672,197 $444,177
Source: Public Records

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