NOT LISTED FOR SALE

Estimated Value: $2,641,000 - $3,237,000

3 Beds
2 Baths
1,400 Sq Ft
$2,138/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $2,750,000 $1,964 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,872/month

28 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Palo Verde Elementary School Rated A+
  • Dining Area
  • 1-Story Property

About This Home

As of October 2023

Mid-century modern gem in the heart of Mid-Town Palo Alto boasts a storied past, having once been the residence of Andy Grove. Infused with historical significance and architectural finesse, it has remained within the same family for decades. This single-story home is a harmonious blend of vintage charm and contemporary comfort. Built in 1958, its architectural design is a testament to the era's aesthetic. Three generously sized bedrooms and two baths, this home has been thoughtfully designed to maximize space and comfort. Open floor plan and endless possibilities for modern living and entertaining. The exterior landscape provides a serene and private oasis, perfect for relaxation or outdoor gatherings. Location offers tranquility of a residential neighborhood and the convenience of close proximity to the vibrant mid-town district's amenities. Local eateries,boutique shops, parks, just a short stroll away. This home promises a life of unparalleled elegance and convenience.

Last Listed By

Keyko Pintz

Intero Real Estate Services License #02011298 Listed on: 08/25/2023

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1958

Lot Details

  • 5,719 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-26-136

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1400
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-26-136
  • Lot Acres: 0.1313
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5719.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5719.00

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
Aug 25, 2023
Closed on
Oct 11, 2023
Sold by
Amended Robie Livingstone 2020 and Amended Resta
Bought by
Li Yinglin and Li Xiaolin
Seller's Agent
Keyko Pintz
Intero Real Estate Services
Buyer's Agent
Marie Wang
Compass
List Price
$2,988,000
Sold Price
$2,750,000
Premium/Discount to List
-$238,000
-7.97%
Total Days on Market
28
Views
143
Current Estimated Value
$2,993,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,000
Avg. Annual Appreciation
5.69%
Original Mortgage
$2,000,000
Outstanding Balance
$1,968,981
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$1,024,019

Purchase Details

Closed on
Jan 28, 2021
Sold by
Grove Eva Kastan and Grove Andrew S
Bought by
Livingstone Robie and Livingstone Robin 2020

Purchase Details

Closed on
Jun 19, 2012
Sold by
Kastan Grove Andrew S and Kastan Grove Eva
Bought by
Kastan Grove Andrew S and Kastan Grove Eva

Purchase Details

Closed on
Oct 11, 1996
Sold by
Grove Eva K
Bought by
Grove Grove Eva Kastan Eva Kastan and Grove Andrew S

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
Li Yinglin $2,750,000 Orange Coast Title
Livingstone Robie -- None Available
Kastan Grove Andrew S -- None Available
Kastan Grove Andrew S -- None Available
Grove Grove Eva Kastan Eva Kastan -- --
Grove Eva Kastan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yinglin $1,000,000
Closed Li Yinglin $1,200,000
Open Li Yinglin $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $2,750,000 +1.9% $1,964 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $2,698,000 -9.7% $1,927 / Sq Ft
08/25/2023 08/25/23 For Sale $2,988,000 0.0% $2,134 / Sq Ft
08/29/2018 08/29/18 Rented $5,300 0.0% --
08/22/2018 08/22/18 For Rent $5,300 -- --
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
2023 $1,994 $84,324 $35,281 $49,043
2022 $1,962 $82,672 $34,590 $48,082
2021 $1,922 $81,052 $33,912 $47,140
2020 $1,900 $80,222 $33,565 $46,657
2019 $1,874 $78,650 $32,907 $45,743
2018 $1,843 $77,109 $32,262 $44,847
2017 $1,809 $75,598 $31,630 $43,968
2016 $1,756 $74,116 $31,010 $43,106
2015 $1,732 $73,004 $30,545 $42,459
2014 $1,599 $71,575 $29,947 $41,628
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81939909

MLSListings

APN: 127-26-136