NOT LISTED FOR SALE

Estimated Value: $3,248,750 - $3,898,000

4 Beds
2 Baths
1,589 Sq Ft
$2,220/Sq Ft Est. Value

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Breakfast Bar
  • Duveneck Elementary School Rated A+
  • Fireplace
  • Forced Air Heating System

About This Home

As of May 2016

Nice contemporary ranch style home in North Palo Alto. Completely remodeled in 2004 with 4 bedrooms and 2 bathrooms and a detached study. Spacious family/living rooms, fireplaces and open kitchen. Top Palo Alto schools. Easy access to Stanford, downtown Palo Alto and highway 101. Many Upgrades: Textured paint, sound proof windows and doors, hardwood floors throughout, granite countertop, stainless sink, stainless steel gas range/oven, dishwasher and range hood, tankless water heater, beautifully remodeled bathrooms, etc. - 4 Bed/2 Bath with a detached study structure 1,850+ sf w/lot size of ~6,018 sf- Good move-in condition, in great neighborhood area- Top Palo Alto schools- Plenty of windows and sunlight - New lawn and landscape with automatic sprinklers in both front and backyard- Spacious deck in the backyard. Will be cleaned and re-stain by the move-in date. Gardener is included. Available: 3/3/16.

Last Agent to Rent the Property

Hayley Zhang

Huiyu Zhang, Broker License #01913581 Listed on: 01/27/2016

Last Renter's Agent

Hayley Zhang

Huiyu Zhang, Broker License #01913581 Listed on: 01/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,066

Year Built

  • 1949

Lot Details

  • 6,011

Parking

  • 1 Car Detached Garage
  • Uncovered Parking

Interior Spaces

  • 1,589 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,011 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $7,100
  • Property Available on 3/3/16
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,066

Year Built

1949

Lot Details

0

Parking

1

Rental Info

  • Available: 03/03/2016
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 7100

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Allowed
  • Age: 67
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1589
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1589
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Uncovered Parking

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6018.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6018.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2011
Sold by
Zou Fei
Bought by
Zhang Huiyu
Current Estimated Value
$3,526,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2009
Sold by
Zou Fei and Zhang Huiyu
Bought by
Zhang Huiyu and Zou Fei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2004
Sold by
Sessions Gregory and Sessions Kelly
Bought by
Zou Fei and Zhang Huiyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,600
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Springer Helen
Bought by
Sessions Gregory and Sessions Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,250
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Springer David and Springer Helen
Bought by
Springer David and Springer Helen
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
Zhang Huiyu -- Old Republic Title Company
Zhang Huiyu -- Old Republic Title Company
Zou Fei $736,000 Alliance Title Company
Sessions Gregory $607,000 Chicago Title
Springer David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Huiyu $548,000
Closed Zhang Huiyu $417,000
Closed Zhang Huiyu $180,000
Closed Zhang Huiyu $417,000
Closed Zhang Huiyu $417,000
Closed Zhang Huiyu $417,000
Closed Zou Fei $586,600
Previous Owner Sessions Gregory $455,250
Closed Zou Fei $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Rented $6,800 0.0% --
02/02/2016 02/02/16 Price Changed $6,800 -4.2% $4 / Sq Ft
01/27/2016 01/27/16 For Rent $7,100 +9.2% --
08/30/2014 08/30/14 Rented $6,500 0.0% --
08/22/2014 08/22/14 Under Contract -- -- --
08/03/2014 08/03/14 For Rent $6,500 -- --
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 $13,066 $1,046,422 $853,070 $193,352
2024 $13,066 $1,025,905 $836,344 $189,561
2023 $12,871 $1,005,791 $819,946 $185,845
2022 $12,717 $986,070 $803,869 $182,201
2021 $12,466 $966,736 $788,107 $178,629
2020 $12,219 $956,824 $780,026 $176,798
2019 $12,081 $938,064 $764,732 $173,332
2018 $11,763 $919,672 $749,738 $169,934
2017 $11,555 $901,640 $735,038 $166,602
2016 $11,249 $883,962 $720,626 $163,336
2015 $11,135 $870,685 $709,802 $160,883
2014 $10,851 $853,630 $695,898 $157,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81548486

MLSListings

APN: 003-50-063