NOT LISTED FOR SALE

Estimated Value: $6,116,000 - $7,339,000

4 Beds
2.5 Baths
3,500 Sq Ft
$1,870/Sq Ft Est. Value

Highlights

  • Art Studio
  • Private Pool
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • 0.69 Acre Lot
  • Den

About This Home

As of February 2022

Located in what Palo Alto locals fondly know as the CEOs Circle, this private and gated Crescent Park estate comes with 4 spacious bedrooms, 2.5 bath, 3500 sq ft of space, and a 3-car garage. Additional space in the attached sunrooms and the large storage area. Hardwood floors throughout, ample natural light, double paned windows, and dual-sink vanity in large bathrooms. Master suite comes with large walk-in closet and a spa-like bathroom. The updated kitchen comes with granite counter top, stainless steel appliances, center island equipped with sink, a desk, and a large pantry closet. Sits on a huge 2/3 acre lot, this home has a long circular driveway with additional parking areas enough for 5-8 cars. At the back is a large covered patio, a jacuzzi tub, and a pool surrounded by low maintenance artificial turf. Extremely private and secured, this home is neighbor to many tech moguls and high profile executives. Quick access to downtown Palo Alto, IKEA, Home Depot, and HWY 101.

Last Agent to Rent the Property

Heather Lin

Keller Williams Palo Alto License #01870205 Listed on: 10/11/2021

Keller Williams Palo Alto

Last Renter's Agent

Heather Lin

Keller Williams Palo Alto License #01870205 Listed on: 10/11/2021

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,796

Year Built

  • 1959

Lot Details

  • 0.69 Acre Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Garage
  • On-Street Parking
  • Uncovered Parking

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Art Studio
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 11/27/21
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,796

Year Built

1959

Lot Details

0

Parking

3

Rental Info

  • Available: 11/27/2021
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 62
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3500
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3500
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Artist Studio, Laundry Room, Office Area, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool Description: Yes
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage, Covered Parking, On Street, Parking Area, Uncovered Parking

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.6868
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 29919.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 29919.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2019
Sold by
Choi Tania
Bought by
Choi Enoch
Current Estimated Value
$6,545,193

Purchase Details

Closed on
May 30, 2019
Sold by
The Choi Family Trust
Bought by
Choi Enoch and Choi Tania

Purchase Details

Closed on
May 29, 2019
Sold by
Choi Enoch
Bought by
The Enoch Choi Trust

Purchase Details

Closed on
Aug 5, 2015
Sold by
Choi Enoch Chung Yun and Choi Tania
Bought by
Choi Family Trust

Purchase Details

Closed on
Oct 21, 2011
Sold by
Choi Enoch Chung Yun and Choi Tania
Bought by
Choi Enoch Chung Yun and Choi Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Choi Eugene Yu Chuen and Eugene Choi 1996 Qualified Per
Bought by
Choi Eugene Yu Chuen and Choi Anita Tak Hing

Purchase Details

Closed on
Oct 19, 2006
Sold by
Choi Eugene Yu Chuen and Eugene Choi 1996 Qualified Per
Bought by
Choi Eugene Yu Chuen and Eugene Choi 1996 Qualified Per

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
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2006
Sold by
Choi Enoch Chung Yun and Choi Tania
Bought by
Choi Enoch Chung Yun and Choi Tania

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
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Violette Joseph B and Violette Glenna M
Bought by
Choi Enoch Chung Yin and Choi Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage
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
Choi Enoch -- North American Title Co Inc
Choi Enoch -- North American Title
The Enoch Choi Trust -- North American Title Co Ic
Choi Family Trust -- None Available
Choi Enoch Chung Yun $375,000 Cornerstone Title Company
Choi Eugene Yu Chuen -- None Available
Choi Eugene Yu Chuen $188,000 Southland Title
Choi Enoch Chung Yun -- Southland Title
Choi Enoch Chung Yin -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Enoch $765,000
Closed Choi Enoch $484,000
Closed Choi Enoch Chung Yun $562,000
Closed Choi Eugene Yu Chuen $600,000
Closed Choi Enoch Chung Yun $150,100
Previous Owner Choi Enoch Chung Yin $700,000
Previous Owner Violette Joseph B $500,000
Previous Owner Violette Joseph B $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Rented $8,800 -4.9% --
01/24/2022 01/24/22 Under Contract -- -- --
11/17/2021 11/17/21 Price Changed $9,250 -7.4% $3 / Sq Ft
10/21/2021 10/21/21 Price Changed $9,988 -9.2% $3 / Sq Ft
10/11/2021 10/11/21 For Rent $11,000 -- --
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 $43,796 $3,715,405 $3,170,293 $545,112
2024 $43,796 $3,642,555 $3,108,131 $534,424
2023 $43,154 $3,571,134 $3,047,188 $523,946
2022 $42,659 $3,501,113 $2,987,440 $513,673
2021 $41,820 $3,432,464 $2,928,863 $503,601
2020 $40,949 $3,397,270 $2,898,832 $498,438
2019 $40,418 $3,330,658 $2,841,993 $488,665
2018 $39,297 $3,265,352 $2,786,268 $479,084
2017 $38,608 $3,201,327 $2,731,636 $469,691
2016 $37,598 $3,138,557 $2,678,075 $460,482
2015 $37,251 $3,091,414 $2,637,848 $453,566
2014 $36,610 $3,030,859 $2,586,177 $444,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866410

MLSListings

APN: 003-09-032