NOT LISTED FOR SALE

961 Channing Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $1,886,000 - $2,528,000

2 Beds
2 Baths
960 Sq Ft
$2,404/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,800,000 $1,875 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,035/month

61 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Addison Elementary School Rated A+
  • Laundry in Utility Room
  • Separate Family Room

About This Home

As of September 2023

A great value in prestigious Palo Alto. Fully renovated. High end appliances. Two bedrooms and two modern finished bathrooms. Dining room with French door entry to the living/family and the side yard deck. A detached garage with utility room in the backyard. Quiet neighborhood. Prime location, close to Eleanor Pardee Park, Downtown and Library.

Last Agent to Sell the Property

Jiang Shi

SJ Development & Realty License #01986789 Listed on: 07/21/2023

Last Buyer's Agent

Jiang Shi

SJ Development & Realty License #01986789 Listed on: 07/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,156

Year Built

  • Built in 1924

Lot Details

  • 3,637 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Flat Roof Shape

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Dining Area
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 003-26-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,156

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 99
  • Listing Class: Residential
  • Structure Sq Ft: 960
  • Year Built: 1924
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 960
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Parking Area

Utilities

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

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

  • Parcel Number: 003-26-055
  • Lot Acres: 0.0835
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3639.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3639.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

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
Jul 12, 2019
Closed on
Dec 18, 2019
Sold by
Lee Li Lin
Bought by
Shi Jiang and Jiang Yu
Seller's Agent
Susan Hu
Intero Real Estate Services
Buyer's Agent
Jiang Shi
SJ Development & Realty
List Price
$1,898,000
Sold Price
$1,800,000
Premium/Discount to List
-$98,000
-5.16%
Current Estimated Value
$2,308,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,138
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
May 10, 2019
Sold by
Wong Richard Sen Chung
Bought by
Lin Lee Lin

Purchase Details

Listed on
Feb 15, 2017
Closed on
Feb 28, 2017
Sold by
Glenn Martin Paul and Glenn Carolyn Marie
Bought by
Lee Li Lin and Wong Richard Sen Chung
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$1,498,000
Sold Price
$1,642,000
Premium/Discount to List
$144,000
9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,313,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2001
Sold by
Glenn Martin Paul and Glenn Carolyn M
Bought by
Glenn Martin Paul and Glenn Carolyn Marie

Purchase Details

Closed on
Mar 31, 1999
Sold by
Glenn Carolyn Marie
Bought by
Glenn Martin Paul and Glenn Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6%

Purchase Details

Closed on
Dec 13, 1995
Sold by
Glenn Carolyn Marie and Bresolin Carolyn Marie
Bought by
Glenn Carolyn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.37%
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
Shi Jiang $1,800,000 Old Republic Title Company
Lin Lee Lin -- Accommodation
Lee Li Lin $1,642,000 Chicago Title Company
Glenn Martin Paul -- --
Glenn Martin Paul -- Fidelity National Title Co
Glenn Carolyn Marie -- Old Republic Title Company
Glenn Carolyn Marie -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Yu $500,000
Previous Owner Lee Li Lin $1,313,600
Previous Owner Glenn Martin Paul $240,000
Previous Owner Glenn Martin Paul $250,000
Previous Owner Glenn Martin Paul $302,000
Previous Owner Glenn Martin Paul $312,000
Previous Owner Glenn Martin Paul $100,000
Previous Owner Glenn Martin Paul $60,000
Previous Owner Glenn Martin Paul $227,000
Previous Owner Glenn Carolyn Marie $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,800,000 -9.5% $1,875 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $1,990,000 -5.2% $2,073 / Sq Ft
08/10/2023 08/10/23 Price Changed $2,100,000 -10.6% $2,188 / Sq Ft
07/21/2023 07/21/23 For Sale $2,350,000 +30.6% $2,448 / Sq Ft
12/19/2019 12/19/19 Sold $1,800,000 -4.3% $1,875 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $1,880,000 +7.4% $1,958 / Sq Ft
08/06/2019 08/06/19 Price Changed $1,750,000 -7.8% $1,823 / Sq Ft
07/12/2019 07/12/19 For Sale $1,898,000 0.0% $1,977 / Sq Ft
05/30/2017 05/30/17 Rented $4,000 +0.5% --
05/27/2017 05/27/17 Price Changed $3,980 +4.7% $4 / Sq Ft
05/25/2017 05/25/17 For Rent $3,800 0.0% --
03/20/2017 03/20/17 Sold $1,642,000 +9.6% $1,710 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $1,498,000 -- $1,560 / 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 $22,156 $1,836,000 $1,734,000 $102,000
2024 $22,156 $1,800,000 $1,700,000 $100,000
2023 $23,251 $1,892,120 $1,787,003 $105,117
2022 $22,978 $1,855,020 $1,751,964 $103,056
2021 $22,524 $1,818,648 $1,717,612 $101,036
2020 $22,063 $1,800,000 $1,700,000 $100,000
2019 $21,241 $1,709,259 $1,680,246 $29,013
2018 $20,663 $1,675,745 $1,647,300 $28,445
2017 $5,785 $419,549 $194,767 $224,782
2016 $5,627 $411,324 $190,949 $220,375
2015 $5,565 $405,146 $188,081 $217,065
2014 $5,369 $397,210 $184,397 $212,813
Source: Public Records

Agents Affiliated with this Home

  • Jiang Shi

    Seller's Agent in 2023

    Jiang Shi

    SJ Development & Realty

    (972) 731-9923

    1 in this area

    5 Total Sales

    Jiang Shi
    Section Image
  • Susan Hu

    Seller's Agent in 2019

    Susan Hu

    Intero Real Estate Services

    (408) 342-3108

    44 Total Sales

    Susan Hu
    Section Image
  • Michael Repka

    Seller's Agent in 2017

    Michael Repka

    Deleon Realty

    (650) 488-7325

    35 in this area

    771 Total Sales

    Michael Repka
    Section Image
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Map

Source: MLSListings

MLS Number: ML81935806

MLSListings

APN: 003-26-055

California Santa Clara County Palo Alto 94301 Crescent Park

961 Channing Ave, Palo Alto, CA

This home is located at 961 Channing Ave, Palo Alto, CA 94301 since 21 July 2023 and is currently estimated at $2,308,138, approximately $2,404 per square foot. This property was built in 1924. 961 Channing Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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