NOT LISTED FOR SALE

Estimated Value: $5,292,250 - $6,297,000

4 Beds
3.5 Baths
2,831 Sq Ft
$2,074/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $4,050,000 $1,431 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $34,694/month

12 Days on Market

Highlights

  • Wine Cellar
  • Skyline View
  • Deck
  • Addison Elementary School Rated A+
  • Craftsman Architecture
  • 1-minute walk to Scott Park

About This Home

As of September 2015

Quintessential brown-shingle Professorville home is seamlessly remodeled, integrating original craftsman style with modern features & convenience. Spacious living room with rich wood paneling & high open beam ceiling features a reading alcove & fireplace. Separate family room with generous built-ins. Remodeled open kitchen-dining room is ideal for relaxed entertaining. Large sunny bedrooms & separate tree-top apartment! Romantic garden setting & perfect location just blocks to downtown!

Last Agent to Sell the Property

Carol,Nicole & James

Compass License #07000304 Listed on: 07/26/2015

Last Buyer's Agent

Sherry Bucolo

Compass License #00613242

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,652

Year Built

  • Built in 1898

Lot Details

  • 5,619 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R2

Parking

  • 1 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,831 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Library
  • Bonus Room
  • Skyline Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-17-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,652

Year Built

Built in 1898

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 117
  • Listing Class: Residential
  • Structure Sq Ft: 2831
  • Incorporated: Yes
  • Year Built: 1898
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Ice Maker, Island with Sink, Microwave, Oven - Gas, Oven Range - Gas, Pantry Cabinet, Refrigerator, Skylight
  • Living Sq Ft: 2831
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Formal Entry, In-Law Unit, Library, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Skylight, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Fencing: Fenced, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Whole House / Attic Fan
  • Heating System: Central Forced Air, Central Forced Air - Gas, Electric
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Walk-in Closet

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

  • Lot Description: Grade - Level
  • Parcel Number: 120-17-086
  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Energy Star Appliances, Whole House Fan

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: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2015
Closed on
Aug 25, 2015
Sold by
Skinner Peter K and Skinner Earl Marie
Bought by
Fang Zhen and Zhen Fang Revocable Trust
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Sherry Bucolo
Compass
List Price
$3,995,100
Sold Price
$4,050,000
Premium/Discount to List
$54,900
1.37%
Current Estimated Value
$5,455,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,405,063
Avg. Annual Appreciation
2.05%
Original Mortgage
$2,632,500
Outstanding Balance
$1,953,320
Interest Rate
2.05%
Mortgage Type
New Conventional
Estimated Equity
$3,006,257

Purchase Details

Closed on
Nov 13, 1997
Sold by
Engel Paul T and Engel Monica
Bought by
Skinner Peter K and Skinner Earl Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
Fang Zhen $4,050,000 Lawyers Title Company Of Ca
Skinner Peter K $930,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Zhen $2,632,500
Previous Owner Skinner Peter K $510,500
Previous Owner Skinner Peter K $116,800
Previous Owner Skinner Peter K $575,000
Previous Owner Skinner Peter K $580,000
Previous Owner Skinner Peter K $583,000
Previous Owner Skinner Peter K $588,000
Previous Owner Skinner Peter K $50,000
Previous Owner Skinner Peter K $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Sold $4,050,000 +1.4% $1,431 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $3,995,100 -- $1,411 / 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
2024 $59,652 $5,000,000 $3,000,000 $2,000,000
2023 $61,116 $5,100,000 $3,450,000 $1,650,000
2022 $60,418 $5,000,000 $3,700,000 $1,300,000
2021 $60,395 $5,927,900 $4,051,500 $1,876,400
2020 $65,618 $5,500,000 $4,000,000 $1,500,000
2019 $61,549 $5,110,000 $3,500,000 $1,610,000
2018 $59,716 $5,784,415 $3,953,520 $1,830,895
2017 $51,607 $4,302,956 $3,876,000 $426,956
2016 $48,365 $4,050,000 $3,800,000 $250,000
2015 $15,441 $1,235,582 $969,870 $265,712
2014 -- $1,211,380 $950,872 $260,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81497009

MLSListings

APN: 120-17-086