NOT LISTED FOR SALE

999 Loma Verde Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,363,000 - $3,915,000

4 Beds
3 Baths
1,865 Sq Ft
$1,905/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $1,600,000 $858 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $20,668/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Marble Flooring
  • Neighborhood Views
  • Palo Verde Elementary School Rated A+
  • Hydromassage or Jetted Bathtub
  • Open to Family Room

About This Home

As of August 2012

Beautifully expanded and remodeled in 2008&2009,4br&3full bths,gourmet kitchen:granite countertop/dual-fuel Electrolux range/Miele Dishwasher/center island,hardwood flrs,crown moulding,recessed lights,8 tube skylights,upgraded electrical wiring,copper pipes,DP windows,dual zone A/C,tankless W/H,Jacuzzi tub,Washlet seat,bay window,easy care yard,drip system,10ftx10ft storage shed,fruit trees& more.

Last Agent to Sell the Property

Jean Chu Hu

Aicare Realty License #01057478 Listed on: 07/19/2012

Last Buyer's Agent

Raju Kosuru

Maxim Realty License #01399242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,815

Year Built

  • Built in 1952

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-23-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,815

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 60
  • Sale Price Per Sq Ft: 857.91
  • Listing Class: Residential
  • Structure Sq Ft: 1865
  • Barclay Horizontal: 13
  • Barclays Page: 13
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 13
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 13
  • Thomas Bros Page: 791
  • Thomas Brothers: E6
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1865
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Marble
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-23-002
  • List Price per Sq Ft: 797.86
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6060.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6060.00
  • Lot Size Area Min Search: 6060.00
  • Maximum Lot Size: 6060.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight Tube(s), Tankless Water Heater

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 24, 2012
Sold by
Feng Elsie H
Bought by
Sreenivasamurthy Deepak and Deepak Lakshmi
Seller's Agent
Jean Chu Hu
Aicare Realty
Buyer's Agent
Raju Kosuru
Maxim Realty
List Price
$1,488,000
Sold Price
$1,600,000
Premium/Discount to List
$112,000
7.53%
Current Estimated Value
$3,553,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,953,732
Avg. Annual Appreciation
6.91%
Original Mortgage
$1,280,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 2011
Sold by
Su Feng Elsie K H
Bought by
Feng Elsie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2010
Sold by
Feng Elsie H
Bought by
Feng Elsie H and Feng Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2003
Sold by
Feng Chen Wei and Feng Elsie K H S
Bought by
Feng Frank Chen Wei and Feng Elsie K H Su
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
Sreenivasamurthy Deepak $1,600,000 Fidelity National Title Co
Feng Elsie H -- Chicago Title
Feng Elsie K H Su -- Servicelink
Feng Elsie H -- First American Title Company
Feng Elsie H -- First American Title Company
Feng Frank Chen Wei -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sreenivasamurthy Deepak $820,000
Closed Sreenivasamurthy Deepak $1,150,000
Closed Sreenivasamurthy Deepak $1,280,000
Previous Owner Feng Elsie K H Su $281,000
Previous Owner Feng Elsie H $288,000
Previous Owner Feng Elsie H $300,000
Previous Owner Feng Frank Chen Wei $500,000
Previous Owner Feng Chen Wei $137,000
Previous Owner Feng Chen Wei $139,000
Previous Owner Feng Frank C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $1,600,000 +7.5% $858 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $1,488,000 -- $798 / 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 $22,815 $1,970,273 $1,379,194 $591,079
2024 $22,815 $1,931,641 $1,352,151 $579,490
2023 $22,483 $1,893,767 $1,325,639 $568,128
2022 $22,228 $1,856,636 $1,299,647 $556,989
2021 $21,790 $1,820,232 $1,274,164 $546,068
2020 $21,327 $1,801,569 $1,261,100 $540,469
2019 $21,918 $1,766,245 $1,236,373 $529,872
2018 $21,321 $1,731,614 $1,212,131 $519,483
2017 $20,947 $1,697,662 $1,188,364 $509,298
2016 $20,397 $1,664,375 $1,165,063 $499,312
2015 $20,197 $1,639,375 $1,147,563 $491,812
2014 $19,767 $1,607,263 $1,125,084 $482,179
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jean Chu Hu

    Aicare Realty

  • R

    Buyer's Agent in 2012

    Raju Kosuru

    Maxim Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81227076

MLSListings

APN: 127-23-002

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

999 Loma Verde Ave, Palo Alto, CA

This home is located at 999 Loma Verde Ave, Palo Alto, CA 94303 since 19 July 2012 and is currently estimated at $3,553,732, approximately $1,905 per square foot. This property was built in 1952. 999 Loma Verde Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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