NOT LISTED FOR SALE

Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,642,000 - $3,961,000

3 Beds
2 Baths
1,481 Sq Ft
$2,572/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $1,280,000 $864 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $23,843/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Fireplaces
  • Game Room
  • Palo Verde Elementary School Rated A+
  • No HOA
  • Beamed Ceilings

About This Home

As of November 2012

Beautiful Eichler Home, stunning with plenty light, your retreat away from the busy days at work. The grounds offer many areas of relaxation, manicured plants including an outdoor Hot Tub. Addition completed in 2001 added a master retreat.It also offers a formal living/dining area,a family room and a recreation room near the kitchen. This is the home you have been waiting for.

Last Agent to Sell the Property

Sunny Roos

Coldwell Banker Realty License #01116300 Listed on: 09/19/2012

Coldwell Banker Realty

Last Buyer's Agent

Linda Xu

Bay One Real Estate Investment License #01425342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,799

Year Built

  • Built in 1951

Lot Details

  • 6,030 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • 2 Fireplaces
  • Window Screens
  • Formal Dining Room
  • Game Room
  • Fire and Smoke Detector
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating

Community Details

  • No Home Owners Association
  • Built by Eichler

Listing and Financial Details

  • Assessor Parcel Number 127-05-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,799

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Year Built: 1951
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Beam Ceiling
  • Fireplace Features: Den,Living Room,Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet,Marble,Tile
  • Bathroom Features: Shower Stall(s),Tile,Tub,Remodeled
  • Bathrooms: 2.00
  • Dining Room Features: Formal Area
  • Kitchen Features: Ceramic Counter,Skylight(s)
  • Living Room Features: Skylight(s)
  • Room Type: Game Room
  • Price Per Square Foot: 864.28
  • Square Footage: 1481
  • Window Features: Window Screens

Exterior Features

  • Other Structures: Storage
  • Builder Name: Eichler
  • Construction Materials: Frame,Wood,Wood Siding
  • Fencing: Full,Wood
  • Foundation: Slab
  • Listing Price: 1398000.00
  • Lot Features: Garden,Landscape Back,Landscape Front,Shape Regular
  • Patio And Porch Features: Covered Patio,Deck(s)
  • Pool: No
  • Property Condition: Completed

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Uncovered
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Electric: 220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1384
  • Lot Size Sq Ft: 6030

Tax Info

  • Assessor Parcel Number: 127-05-026
  • Bonds/Assessments/Taxes Description: Transfer Tax City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Chan Ning Y and Gu Xiaohua
Bought by
Sheikh Ali Ijaz and Rafi Binish
Current Estimated Value
$3,808,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,848,000
Outstanding Balance
$2,584,118
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,224,570

Purchase Details

Closed on
Feb 24, 2015
Sold by
Chang Ning Y and Gu Xiaohua
Bought by
Chan Ning Y and Gu Xiaohua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 19, 2012
Closed on
Nov 21, 2012
Sold by
Drake Gregory L
Bought by
Gu Xiaohua and Chan Ning Y
Seller's Agent
Sunny Roos
Coldwell Banker Realty
Buyer's Agent
Linda Xu
Bay One Real Estate Investment
List Price
$1,549,000
Sold Price
$1,280,000
Premium/Discount to List
-$269,000
-17.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,024,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 1996
Sold by
Drake Sarah E
Bought by
Drake Sarah E
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
Sheikh Ali Ijaz $3,560,000 Chicago Title Company
Chan Ning Y -- Chicago Title Company
Gu Xiaohua $1,280,000 Chicago Title Company
Drake Sarah E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheikh Ali Ijaz $2,848,000
Previous Owner Chan Ning Y $1,200,000
Previous Owner Gu Xiaohua $1,024,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2012 11/28/12 Sold $1,280,000 -17.4% $864 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $1,549,000 -- $1,046 / Sq Ft
Source: MetroList

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 $43,799 $3,570,000 $3,200,000 $370,000
2024 $43,799 $3,777,899 $3,395,865 $382,034
2023 $44,636 $3,703,824 $3,329,280 $374,544
2022 $44,123 $3,631,200 $3,264,000 $367,200
2021 $19,138 $1,527,246 $1,019,330 $507,916
2020 $18,750 $1,511,587 $1,008,879 $502,708
2019 $18,541 $1,481,949 $989,098 $492,851
2018 $18,040 $1,452,892 $969,704 $483,188
2017 $17,723 $1,424,405 $950,691 $473,714
2016 $17,257 $1,396,476 $932,050 $464,426
2015 $17,086 $1,375,500 $918,050 $457,450
2014 -- $1,285,810 $900,067 $385,743
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sunny Roos

    Coldwell Banker Realty

    Section Image

  • L

    Buyer's Agent in 2012

    Linda Xu

    Bay One Real Estate Investment

See All Agents

Source: MetroList

MLS Number: 21222212

MetroList

APN: 127-05-026

California Santa Clara County Palo Alto 94303

Midtown Palo Alto

This home since 19 September 2012 and is currently estimated at $3,808,688, approximately $2,571 per square foot. This property was built in 1951. This home 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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