NOT LISTED FOR SALE

996 Laurel Glen Dr Palo Alto, CA 94304

Estimated Value: $7,560,000 - $10,728,482

8 Beds
9 Baths
7,456 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $5,200,000 $697 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $50,333/month

42 Days on Market

Highlights

  • Pool and Spa
  • Golf Course View
  • 4 Fireplaces
  • Lucille M. Nixon Elementary School Rated A+
  • Georgian Colonial Architecture
  • Granite Countertops

About This Home

As of July 2017

Magnificent palatial estate in the prestigious Palo Alto Hills Golf & Country club neighborhood with filtered golf course view. Majestically positioned on a gently sloped-up knoll top, this 2007 custom built home encompasses 3 levels of well thought-of floor plan with exciting amenities for grand scale home entertaining and luxurious everyday living. Upon entering the property, the 2-story high formal entry foyer with the dazzling chandelier immediately sets the stage of the finer life style. Oversized entertaining areas, gourmet kitchen, dedicated home office & a junior suite complete the main level while 4 additional en-suite bedrooms w/ individual balconies on the 2nd floor & 3 more bedrooms on the basement level together w/ a home gym, 2nd office, recreation room and a wine tasting area with bar seating. Professionally designed backyard w/multi-level terraced garden, pool/spa, cabana & outdoor changing room and built-in BBQ. Easy access to the freeway & renowned Palo Alto schools

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 05/15/2017

Coldwell Banker Realty

Last Buyer's Agent

Yu He

Safebay Inc. License #01375034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,059

Year Built

  • Built in 2007

Lot Details

  • 0.96 Acre Lot
  • Lot Sloped Up
  • Zoning described as RE

Parking

  • 3 Car Attached Garage

Home Design

  • Georgian Colonial Architecture
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 7,456 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Library
  • Golf Course Views
  • Finished Basement

Kitchen

  • Built-In Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Cover

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 182-43-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,059

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Georgian
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 7456
  • Year Built: 2007
  • Zoning Description: RE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Oven Range - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 7456
  • Stories: 3
  • Laundry: Hookup - Washer/Dryer
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Laundry Room, Library
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 8
  • Minimum Numberof Bedrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Cover, Pool - In Ground, Pool / Spa Combo
  • Roof: Slate
  • View: Golf Course
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • High School: Henry M. Gunn High
  • High School: 325

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 182-43-037
  • Lot Acres: 0.9550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 41600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • High School Text: Henry M. Gunn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 20, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Shoukry Mohamed M and Shoukry Hala A
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Yu He
Safebay Inc.
List Price
$5,300,000
Sold Price
$5,200,000
Premium/Discount to List
-$100,000
-1.89%
Current Estimated Value
$8,499,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,299,871
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Zarroug Manar
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 3, 2010
Sold by
Zarroug Manar
Bought by
Omnia Alexis Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Zarroug Manar and Osias Joelle
Bought by
Zarroug Manar and Osias Joelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2009
Sold by
Osias Joelle
Bought by
Zarroug Manar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Zarroug Manar and Osias Joelle
Bought by
Zarroug Manar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Zarroug Manar
Bought by
Manar Zarroug & Joelle Osias Living Tr

Purchase Details

Closed on
May 5, 2006
Sold by
Osias Joelle
Bought by
Zarroug Manar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.56%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2005
Sold by
Financial Fitness Llc
Bought by
Zarroug Manar and Osias Joelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2004
Sold by
Hanigan Ward
Bought by
Financial Fitness Llc

Purchase Details

Closed on
Aug 6, 2003
Sold by
Financial Fitness Llc
Bought by
Hanigan Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Carlsen Dee Ann
Bought by
Financial Fitness Llc
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
Shoukry Mohamed M $5,200,000 Servicelink
Jpmorgan Chase Bank National Association $5,999,000 Accommodation
Omnia Alexis Llc -- None Available
Zarroug Manar -- Chicago Title Company
Zarroug Manar -- Chicago Title Company
Zarroug Manar -- None Available
Manar Zarroug & Joelle Osias Living Tr -- Financial Title Company
Zarroug Manar -- Chicago Title Company
Zarroug Manar -- Chicago Title Company
Zarroug Manar -- Chicago Title
Financial Fitness Llc -- Chicago Title Co
Hanigan Ward -- Chicago Title
Financial Fitness Llc -- Chicago Title Co
Financial Fitness Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarroug Manar $310,000
Previous Owner Zarroug Manar $5,000,000
Previous Owner Zarroug Manar $1,920,000
Previous Owner Financial Fitness Llc $1,235,000
Previous Owner Hanigan Ward $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $5,200,000 -1.9% $697 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $5,300,000 -- $711 / 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 $69,059 $5,916,707 $3,413,486 $2,503,221
2024 $69,059 $5,800,694 $3,346,555 $2,454,139
2023 $68,048 $5,686,956 $3,280,937 $2,406,019
2022 $67,272 $5,575,448 $3,216,605 $2,358,843
2021 $65,948 $5,466,127 $3,153,535 $2,312,592
2020 $64,579 $5,410,080 $3,121,200 $2,288,880
2019 $63,940 $5,304,000 $3,060,000 $2,244,000
2018 $62,247 $5,200,000 $3,000,000 $2,200,000
2017 $87,448 $7,333,800 $4,080,000 $3,253,800
2016 $61,824 $5,198,211 $2,424,257 $2,773,954
2015 $61,234 $5,120,130 $2,387,843 $2,732,287
2014 $60,142 $5,019,835 $2,341,069 $2,678,766
Source: Public Records

Agents Affiliated with this Home

  • Julie Lau

    Seller's Agent in 2017

    Julie Lau

    Coldwell Banker Realty

    (650) 752-0745

    55 Total Sales

    Julie Lau
    Section Image
  • Yu He

    Buyer's Agent in 2017

    Yu He

    Safebay Inc.

    (408) 667-6638

    15 Total Sales

    Yu He
    Section Image
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Map

Source: MLSListings

MLS Number: ML81651651

MLSListings

APN: 182-43-037

California Santa Clara County Palo Alto 94304

996 Laurel Glen Dr, Palo Alto, CA

This home is located at 996 Laurel Glen Dr, Palo Alto, CA 94304 since 15 May 2017 and is currently estimated at $8,499,871, approximately $1,140 per square foot. This property was built in 2007. 996 Laurel Glen Dr is a home located in Santa Clara County with nearby schools including Lucille M. Nixon Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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