NOT LISTED FOR SALE

Estimated Value: $3,547,000 - $4,418,000

3 Beds
2.5 Baths
1,765 Sq Ft
$2,233/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $3,530,000 $2,000 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $25,261/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Main Floor Primary Bedroom
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of October 2023

Exceptional craftsman architecture nestled within the coveted Crescent Park neighborhood. The exterior boasts a newly painted, all-shingled facade with crisp white trim, framed by the beauty of white roses and a lush lawn. The interior showcases architectural nuances like dropped crown moldings and of-the-era built-ins. The Craftsman ethos continues with signature tapered columns that delineate the formal living and dining areas, where a fireplace serves as a focal point. The kitchen is open to the family room, and French doors offer convenient access to the extra-deep and very private rear yard. 3 bedrooms & 2.5 baths, including the main-level primary suite featuring a luxurious marble & tile bath as well as two upstairs bedrooms served by a newly remodeled bath. Oversized detached 1-car garage of ~325 square feet with conceptual plans for an ADU conversion (buyer to verify with city of Palo Alto). Positioned near acclaimed schools and just one mile from downtown University Avenue.

Last Agent to Sell the Property

John Forsyth James

Compass License #01138400 Listed on: 09/06/2023

Compass

Last Buyer's Agent

Dorothy Coulter

EXIT Realty Consultants License #01800430

EXIT Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,390

Year Built

  • Built in 1908

Lot Details

  • 5,998 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Craftsman Architecture
  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shake Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,765 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Attic

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Additional Homes

  • 325 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet
  • Sewer Connection Less Than 500 Feet Away
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-26-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,390

Year Built

Built in 1908

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 115
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 325
  • Structure Sq Ft: 1765
  • Incorporated: Yes
  • Year Built: 1908
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range, Refrigerator
  • Living Sq Ft: 1765
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Beam, Post and Pier
  • Roof: Shake
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck
  • Fencing: Fenced Back, Wood
  • Property Faces: East
  • Construction Type: Shingle, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street, Uncovered Parking, Workshop in Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Connections - LESS than 500 feet away, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Corners Marked - No, Grade - Level
  • Parcel Number: 003-26-059
  • Lot Acres: 0.1377
  • 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: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 20, 2023
Sold by
Boudreau Michael
Bought by
Schoppmann Florian and Schoppmann Janis
Seller's Agent
John Forsyth James
Compass
Buyer's Agent
Dorothy Coulter
EXIT Realty Consultants
List Price
$3,298,000
Sold Price
$3,530,000
Premium/Discount to List
$232,000
7.03%
Views
47
Current Estimated Value
$3,968,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,507
Avg. Annual Appreciation
6.15%
Original Mortgage
$2,330,000
Interest Rate
6.63%
Mortgage Type
New Conventional
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
Schoppmann Florian $3,530,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoppmann Florian $2,200,500
Closed Schoppmann Florian $2,330,000
Previous Owner Grisell Thomas Lloyd $276,000
Previous Owner Grisell Thomas Lloyd $288,400
Previous Owner Grisell Thomas Lloyd $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $3,530,000 +7.0% $2,000 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $3,298,000 -- $1,869 / 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 $42,390 $3,600,600 $3,162,000 $438,600
2024 $42,390 $3,530,000 $3,100,000 $430,000
2023 $8,791 $667,127 $325,385 $341,742
2022 $8,681 $654,047 $319,005 $335,042
2021 $8,508 $641,223 $312,750 $328,473
2020 $8,345 $634,649 $309,544 $325,105
2019 $8,247 $622,206 $303,475 $318,731
2018 $8,035 $610,007 $297,525 $312,482
2017 $7,891 $598,047 $291,692 $306,355
2016 $7,679 $586,322 $285,973 $300,349
2015 $7,597 $577,516 $281,678 $295,838
2014 $7,368 $566,204 $276,161 $290,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81940979

MLSListings

APN: 003-26-059