NOT LISTED FOR SALE

Estimated Value: $3,053,000 - $3,573,000

2 Beds
1 Bath
1,184 Sq Ft
$2,784/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $3,062,500 $2,587 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $20,584/month

Highlights

  • Neighborhood Views
  • Formal Dining Room
  • Storage Room
  • Addison Elementary School Rated A+
  • 1 Car Attached Garage
  • 4-minute walk to Eleanor Pardee Park

About This Home

As of March 2022

This home is located at 991 Channing Ave, Palo Alto, CA 94301 since 23 March 2022 and is currently estimated at $3,296,022, approximately $2,783 per square foot. This property was built in 1948. 991 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.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/23/2022

Last Buyer's Agent

Wen Guo RE Group

KW Advisors License #70010161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,277

Year Built

  • Built in 1948

Lot Details

  • 6,181 Sq Ft Lot
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Storage Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 003-26-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,277

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1184
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1184
  • Stories: 1
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-26-061
  • Lot Acres: 0.1419
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6180.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6180.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Feb 10, 2022
Sold by
Unknown
Bought by
Kong Pengju and Xu Yan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Wen Guo RE Group
KW Advisors
List Price
$2,988,000
Sold Price
$3,062,500
Premium/Discount to List
$74,500
2.49%
Current Estimated Value
$3,296,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,522
Avg. Annual Appreciation
2.45%
Original Mortgage
$2,296,000
Outstanding Balance
$2,104,549
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$1,228,174
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kong Pengju $3,062,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Pengju $2,296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $3,062,500 +2.5% $2,587 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $2,988,000 -- $2,524 / 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 $36,277 $3,249,948 $3,130,563 $119,385
2024 $36,277 $3,085,000 $2,975,000 $110,000
2023 $36,166 $3,123,750 $3,009,000 $114,750
2022 $3,925 $326,153 $205,138 $121,015
2021 $3,845 $319,759 $201,116 $118,643
2020 $3,763 $316,481 $199,054 $117,427
2019 $3,722 $310,276 $195,151 $115,125
2018 $3,631 $304,193 $191,325 $112,868
2017 $3,566 $298,229 $187,574 $110,655
2016 $3,460 $292,383 $183,897 $108,486
2015 $4,184 $287,992 $181,135 $106,857
2014 $4,010 $282,351 $177,587 $104,764
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81883597

MLSListings

APN: 003-26-061