NOT LISTED FOR SALE

991 Lincoln Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $3,806,000 - $4,462,866

3 Beds
2 Baths
1,599 Sq Ft
$2,567/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $2,400,000 $1,501 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $25,101/month

7 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Double Pane Windows
  • Addison Elementary School Rated A+
  • Formal Dining Room
  • Patio

About This Home

As of June 2014

LOVELY Residence SOUGHT AFTER area -COMMUNITY CENTER w/Excellent Schools! Spacious Rooms with renovated kitchen. Garden areas surround all sides of the home with mature landscaping. Delightful ONE LEVEL Home w/SUNLIGHT-INFUSED rooms situated on CORNER LOT.

Last Agent to Sell the Property

M.D. Jaco

Investment Capital Partners License #00783062 Listed on: 06/12/2014

Last Buyer's Agent

Theresa Couture

Coldwell Banker Realty License #01090940

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,890

Year Built

  • Built in 1937

Lot Details

  • Fenced
  • Front Yard Sprinklers
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Floor Furnace
  • Wall Furnace
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-26-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,890

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 77
  • Sale Price Per Sq Ft: 1500.94
  • Listing Class: Residential
  • Structure Sq Ft: 1599
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 4
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A4
  • Year Built: 1937
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1599
  • Stories: 1
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Wood Shakes / Shingles, Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Wall Furnace, Floor Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-26-001
  • Lot Location: Corner
  • List Price per Sq Ft: 1497.81
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jun 20, 2014
Sold by
Ghalimi Ismael and Ghalimi May
Bought by
Raam Ventures 1 Llc
Seller's Agent
M.D. Jaco
Investment Capital Partners
Buyer's Agent
Theresa Couture
Coldwell Banker Realty
List Price
$2,395,000
Sold Price
$2,400,000
Premium/Discount to List
$5,000
0.21%
Current Estimated Value
$4,104,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,704,717
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Oct 2, 2008
Sold by
Ghalimi Ismael and Ghalimi May Chang
Bought by
Ghalimi Ismael and Ghalimi May

Purchase Details

Closed on
May 14, 2007
Sold by
Loh Stephen and Lee Margaret
Bought by
Ghalimi Ismael and Ghalimi May Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,695
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2005
Sold by
Hacker Nigel and Hacker Victoria
Bought by
Loh Stephen and Lee Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Sam Brown
Bought by
Hacker Nigel and Hacker Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,500
Interest Rate
7.13%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Sam Brown
Bought by
Brown Sam and Brown Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.45%
Source: Public Records

Range of Values:

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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
Raam Ventures 1 Llc $2,400,000 Old Republic Title Company
Ghalimi Ismael -- None Available
Ghalimi Ismael -- Chicago Title Company
Loh Stephen -- First American Title Company
Hacker Nigel $718,000 Chicago Title
Brown Sam -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghalimi Ismael $178,695
Previous Owner Ghalimi Ismael $1,444,000
Previous Owner Loh Stephen K $318,540
Previous Owner Loh Stephen $1,000,000
Previous Owner Loh Stephen $1,000,000
Previous Owner Hacker Nigel $538,500
Previous Owner Brown Sam $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $2,400,000 +0.2% $1,501 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $2,395,000 -- $1,498 / 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 $34,890 $2,942,058 $2,843,996 $98,062
2024 $34,890 $2,884,372 $2,788,232 $96,140
2023 $34,378 $2,827,816 $2,733,561 $94,255
2022 $33,982 $2,772,369 $2,679,962 $92,407
2021 $33,313 $2,718,010 $2,627,414 $90,596
2020 $32,623 $2,690,142 $2,600,474 $89,668
2019 $32,265 $2,637,395 $2,549,485 $87,910
2018 $31,376 $2,585,683 $2,499,496 $86,187
2017 $30,826 $2,534,985 $2,450,487 $84,498
2016 $30,020 $2,485,281 $2,402,439 $82,842
2015 $29,729 $2,447,951 $2,366,353 $81,598
2014 $24,091 $1,972,748 $1,748,698 $224,050
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    M.D. Jaco

    Investment Capital Partners

    (650) 743-2444

    12 Total Sales

    M.D. Jaco
    Section Image
  • Theresa Couture

    Buyer's Agent in 2014

    Theresa Couture

    Coldwell Banker Realty

    (650) 996-5277

    34 Total Sales

    Theresa Couture
    Section Image
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Map

Source: MLSListings

MLS Number: ML81420882

MLSListings

APN: 003-26-001

California Santa Clara County Palo Alto 94301 Crescent Park

991 Lincoln Ave, Palo Alto, CA

This home is located at 991 Lincoln Ave, Palo Alto, CA 94301 since 12 June 2014 and is currently estimated at $4,104,717, approximately $2,567 per square foot. This property was built in 1937. 991 Lincoln 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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