NOT LISTED FOR SALE

969 University Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,345,000 - $9,884,291

6 Beds
4 Baths
3,809 Sq Ft
$2,077/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $3,550,000 $932 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $49,255/month

26 Days on Market

Highlights

  • Outdoor Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Deck
  • Main Floor Bedroom

About This Home

As of July 2014

Bright & spacious California Spanish style home on approx. 0.43 acre in prestigious Crescent Park. Fabulous floor plan! Large living room w/hardwood floors,formal dining,eat-in kitchen open to separate family room,main level bedroom suite and main level office or 6th bedroom. Upstairs is large master suite plus 3 other bedrooms,bath & sitting area. Expansive yard & sunny pool. Walk to Downtown PA.

Last Agent to Sell the Property

Stephanie Savides

Stephanie Savides, Broker License #01177101 Listed on: 05/15/2014

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,821

Year Built

  • Built in 1966

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1929

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,809 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop
  • Storage Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-04-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,821

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish, Mediterranean
  • Age: 48
  • Sale Price Per Sq Ft: 932.00
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3809
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 3
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A3
  • Year Built: 1966
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3809
  • Stories: 2
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Workshop, Den / Study / Office, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Yes
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Deck, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

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

  • Parcel Number: 003-04-058
  • List Price per Sq Ft: 1023.63
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 18800.00
  • Lot Size Area Min Search: 18800.00
  • Maximum Lot Size: 18800.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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

Closed on
Jul 1, 2016
Sold by
Mann Armando and Kaba Diana Alvarez
Bought by
The Mann Kaba Living Trust and Alvarez Kaba Diana
Current Estimated Value
$7,910,823

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 11, 2014
Sold by
Simanek Thomas H and Simanek Kathleen Jo
Bought by
Mann Armando and Kaba Diana Alvarez
Seller's Agent
Stephanie Savides
Stephanie Savides, Broker
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$3,899,000
Sold Price
$3,550,000
Premium/Discount to List
-$349,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$1,800,000
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2010
Sold by
Simanek Donna A
Bought by
Simanek Thomas H and Simanek Kathleen Jo

Purchase Details

Closed on
Feb 26, 1997
Sold by
Simanek Donna A
Bought by
Simanek Donna A

Purchase Details

Closed on
Feb 21, 1995
Sold by
Simanek Harry H
Bought by
Simanek Donna A
Source: Public Records

Range of Values:

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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
The Mann Kaba Living Trust -- None Available
Mann Armando $3,549,750 Chicago Title Company
Simanek Thomas H -- None Available
Simanek Donna A -- None Available
Simanek Donna A -- --
Simanek Donna A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Armando $3,000,000
Closed Mann Armando $1,800,000
Previous Owner Simanek Donna A $249,999
Previous Owner Simanek Donna A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $3,550,000 -9.0% $932 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $3,899,000 -- $1,024 / 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 $77,821 $6,707,718 $4,086,290 $2,621,428
2024 $77,821 $6,547,097 $4,006,167 $2,540,930
2023 $76,682 $6,418,723 $3,927,615 $2,491,108
2022 $75,810 $6,292,866 $3,850,603 $2,442,263
2021 $74,318 $6,169,477 $3,775,101 $2,394,376
2020 $72,754 $6,106,217 $3,736,392 $2,369,825
2019 $55,807 $4,626,493 $3,663,130 $963,363
2018 $44,998 $3,749,742 $3,591,304 $158,438
2017 $44,291 $3,676,219 $3,520,887 $155,332
2016 $43,054 $3,604,137 $3,451,850 $152,287
2015 $42,639 $3,550,000 $3,400,000 $150,000
2014 $3,261 $211,988 $64,058 $147,930
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Savides

    Seller's Agent in 2014

    Stephanie Savides

    Stephanie Savides, Broker

    (650) 464-3581

    12 Total Sales

    Stephanie Savides
    Section Image
  • Umang Sanchorawala

    Buyer's Agent in 2014

    Umang Sanchorawala

    Compass

    (650) 960-5363

    5 in this area

    51 Total Sales

    Umang Sanchorawala
    Section Image
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Map

Source: MLSListings

MLS Number: ML81416834

MLSListings

APN: 003-04-058

California Santa Clara County Palo Alto 94301 Crescent Park

969 University Ave, Palo Alto, CA

This home is located at 969 University Ave, Palo Alto, CA 94301 since 15 May 2014 and is currently estimated at $7,910,823, approximately $2,076 per square foot. This property was built in 1966. 969 University 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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