NOT LISTED FOR SALE

951 Mears Ct Stanford, CA 94305

Estimated Value: $3,165,000 - $3,631,609

4 Beds
2.5 Baths
2,379 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $2,280,000 $958 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $22,680/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Neighborhood Views
  • Lucille M. Nixon Elementary School Rated A+
  • High Ceiling
  • 3-minute walk to Kite Hill

About This Home

As of January 2021

Welcome to your new home in the exclusive Stanford community. One of only 32 large homes built on this wide, tree-lined court, this custom designed Monterey Colonial home built by Ditz Crane sits on approx. 15,000 square feet of land containing mature foliage, perfect for creating your own peaceful outdoor paradise. Approx. 2400 sq ft of living space with 4 bedrooms and 2.5 baths, personal office for working from home. The sprawling backyard, wrapped by large trees, is the perfect cherry on top of a well-designed home. The location of this gem cannot be overstated. Positioned to the south side of the Stanford campus and less than a quarter mile to the popular Stanford Dish hiking trail head, it is only a stone's throw away from the California Avenue shops and restaurants and merely minutes from 280 and Caltrain. For a generation, this home has been lovingly maintained and it is finally ready for new memories. Available to qualified Stanford Univ. Faculty and Staff only.

Last Listed By

Anne King

Keller Williams Palo Alto License #00552568 Listed on: 11/03/2020

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,876

Year Built

  • 1968

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,379 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,876

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1S
  • Subclass: Single Family Home
  • Age: 52
  • Listing Class: Residential
  • Structure Sq Ft: 2379
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Ceramic, Dishwasher, Garbage Disposal, Oven - Built-In, Oven - Double, Oven - Electric, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 2379
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, In Garage, Washer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Formal Entry, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3443
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14997.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14997.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 12, 2021
Sold by
Ruotolo Marcia M
Seller's Agent
Anne King
Keller Williams Palo Alto
Buyer's Agent
Anne King
Keller Williams Palo Alto
List Price
$2,349,000
Sold Price
$2,280,000
Premium/Discount to List
-$69,000
-2.94%
Total Days on Market
8
Current Estimated Value
$3,386,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106,402
Avg. Annual Appreciation
9.59%
Original Mortgage
$602,000
Outstanding Balance
$543,403
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,842,999

Range of Values:

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Average Value
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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
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Record Owner $602,000
Previous Owner Ruotolo Marcia M $150,000
Previous Owner Ruotolo Lucio P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $2,280,000 -2.9% $958 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $2,349,000 -- $987 / 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 $46,876 $3,926,469 $3,395,865 $530,604
2023 $46,253 $3,849,480 $3,329,280 $520,200
2022 $45,723 $3,774,000 $3,264,000 $510,000
2021 $2,651 $147,224 $43,090 $104,134
2020 $2,613 $145,716 $42,649 $103,067
2019 $2,577 $142,860 $41,813 $101,047
2018 $2,525 $140,060 $40,994 $99,066
2017 $2,477 $137,315 $40,191 $97,124
2016 $2,405 $134,623 $39,403 $95,220
2015 $2,371 $132,602 $38,812 $93,790
2014 $2,225 $130,005 $38,052 $91,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81818633

MLSListings

APN: 142-21-010