NOT LISTED FOR SALE

941 Loma Verde Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,338,000 - $3,739,000

3 Beds
2 Baths
1,726 Sq Ft
$2,052/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $2,380,000 $1,379 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $21,703/month

7 Days on Market

Highlights

  • Skyline View
  • Vaulted Ceiling
  • Granite Countertops
  • Palo Verde Elementary School Rated A+
  • Wood Flooring
  • 5-minute walk to Henry Seale Park

About This Home

As of June 2015

Updated Midtown house w/ bright interiors & beautiful gardens. Central living rm w/ wood floors, custom fireplace, cathedral ceiling, & French doors to yard. Redesigned kitchen w/ recessed lights, granite counters, butcher block inset, & dual basin w/ prep area. Tranquil breakfast nook w/ cathedral ceiling & French doors to patio. Private large master suite w/ front patio. Updated master bath w/ granite countertops/flooring, skylight. Landscaped backyard w/ lawn, mature trees, pond, & sandstone patio.

Last Agent to Sell the Property

Alex Wang

Christie's International Real Estate Sereno License #01351503 Listed on: 05/27/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Ashu Chadha

Keller Williams Thrive License #01068735

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,950

Year Built

  • Built in 1952

Lot Details

  • 6,186 Sq Ft Lot
  • Wood Fence
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Skyline Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 127-24-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,950

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1726
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1726
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower and Tub, Skylight, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-24-021
  • Lot Acres: 0.1420
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 9, 2015
Sold by
Delarios John M and De Larios Ulla M
Bought by
Bhalla Rajeev and Bhalla Debra L
Seller's Agent
Alex Wang
Christie's International Real Estate Sereno
Buyer's Agent
Ashu Chadha
Keller Williams Thrive
List Price
$1,968,000
Sold Price
$2,380,000
Premium/Discount to List
$412,000
20.93%
Current Estimated Value
$3,542,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,507
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,435,000
Outstanding Balance
$1,068,244
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,649,368

Purchase Details

Closed on
Feb 18, 2006
Sold by
Delarios John M and De Larios Ulla M
Bought by
Delarios John M and Delarios Ulla M

Purchase Details

Closed on
Jul 15, 2003
Sold by
Delarios John M and Delarios Ulla M
Bought by
Delarios John M and Delarios Ulla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Delarios John M and Delarios Ulla M
Bought by
Delarios John M and Delarios Ulla M

Purchase Details

Closed on
May 16, 2002
Sold by
Delarios John M and Delarios Ulla M
Bought by
Delarios John M and Delarios Ulla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,200
Interest Rate
6.94%

Purchase Details

Closed on
May 20, 1998
Sold by
Delarios John M and Delarios Ulla M
Bought by
Delarios John M and Delarios Ulla M
Source: Public Records

Range of Values:

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Average Value
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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
Bhalla Rajeev $2,380,000 Old Republic Title Company
Delarios John M -- None Available
Delarios John M -- Ticor Title Company
Delarios John M -- --
Delarios John M -- Chicago Title Co
Delarios John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhalla Rajeev $500,000
Open Bhalla Rajeev $1,435,000
Previous Owner Delarios John M $75,000
Previous Owner Delarios John M $477,000
Previous Owner Delarios John M $483,200
Previous Owner Delarios John M $455,000
Previous Owner Delarios John M $118,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $2,380,000 +20.9% $1,379 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $1,968,000 -- $1,140 / 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 $33,950 $2,860,393 $2,343,603 $516,790
2024 $33,950 $2,804,307 $2,297,650 $506,657
2023 $30,744 $2,520,000 $2,064,700 $455,300
2022 $33,066 $2,695,415 $2,208,431 $486,984
2021 $32,415 $2,642,565 $2,165,129 $477,436
2020 $31,744 $2,615,470 $2,142,929 $472,541
2019 $31,395 $2,564,187 $2,100,911 $463,276
2018 $30,531 $2,513,910 $2,059,717 $454,193
2017 $29,996 $2,464,619 $2,019,331 $445,288
2016 $29,211 $2,416,294 $1,979,737 $436,557
2015 $6,841 $513,350 $228,630 $284,720
2014 $6,624 $503,295 $224,152 $279,143
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alex Wang

    Sereno Group

    Section Image

  • A

    Buyer's Agent in 2015

    Ashu Chadha

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81467298

MLSListings

APN: 127-24-021

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

941 Loma Verde Ave, Palo Alto, CA

This home is located at 941 Loma Verde Ave, Palo Alto, CA 94303 since 27 May 2015 and is currently estimated at $3,542,507, approximately $2,052 per square foot. This property was built in 1952. 941 Loma Verde Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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