NOT LISTED FOR SALE

Estimated Value: $2,918,000 - $3,485,000

3 Beds
2 Baths
1,546 Sq Ft
$2,087/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $2,850,000 $1,843 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,484/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Palo Verde Elementary School Rated A+
  • Balcony
  • Separate Family Room

About This Home

As of October 2021

Wonderful mid-century home with clean lines and open floor plan on a quiet street in Midtown. This one-story home offers a lovely living room with fireplace and glass sliders to the rear patio, a cozy family room with gorgeous new carpeting, a bright kitchen with skylight and adjacent dining area, and an abundance of natural light from oversized windows throughout. Vaulted wood-beamed ceilings, refinished hardwood floors, fresh paint inside and out, and an attached 2-car garage. Excellent Palo Alto Schools: Palo Verde Elementary, Jane Lathrop Stanford Middle, and Palo Alto High

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 09/09/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

SALA Homes Group

Hestia Real Estate Inc. License #70010183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,869

Year Built

  • 1954

Lot Details

  • 6,321 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,869

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1546
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1546
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

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

  • Lot Acres: 0.1451
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6320.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 8, 2021
Sold by
Wolff Andrea G and Wolff Herman F
Bought by
Lin Weiran and Zhang Haiqing
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
SALA Homes Group
Hestia Real Estate Inc.
List Price
$2,498,888
Sold Price
$2,850,000
Premium/Discount to List
$351,112
14.05%
Current Estimated Value
$3,226,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,184
Avg. Annual Appreciation
3.30%
Original Mortgage
$1,550,000
Outstanding Balance
$1,397,540
Interest Rate
1.9%
Mortgage Type
New Conventional
Estimated Equity
$1,828,644
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
Lin Weiran $2,850,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Weiran $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $2,850,000 +14.1% $1,843 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,498,888 -- $1,616 / 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 $34,869 $3,024,442 $2,865,261 $159,181
2024 $34,869 $2,965,140 $2,809,080 $156,060
2023 $29,969 $2,535,000 $2,401,500 $133,500
2022 $33,987 $2,850,000 $2,700,000 $150,000
2021 $1,447 $111,377 $37,328 $74,049
2020 $1,418 $110,236 $36,946 $73,290
2019 $1,403 $108,075 $36,222 $71,853
2018 $1,379 $105,957 $35,512 $70,445
2017 $1,355 $103,880 $34,816 $69,064
2016 $1,308 $101,844 $34,134 $67,710
2015 $1,296 $100,315 $33,622 $66,693
2014 $1,278 $98,351 $32,964 $65,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861837

MLSListings

APN: 127-03-109