NOT LISTED FOR SALE

407 Alder Ln Palo Alto, CA 94306

Charleston Meadows Neighborhood

Estimated Value: $2,888,000 - $4,264,426

5 Beds
3.5 Baths
2,893 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold March 13, 2014

Last sale price $2,005,000 $693 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $23,883/month

10 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Juana Briones Elementary School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2014

Detached single family in the most desirable location of prestigious Arbor Real community, overlooking a huge, beautiful lawn area in the center of the complex. Hardwood floors, open and spacious living room with fireplace, upgraded railings and finishes. Master bedroom with a luxurious en suite bathroom. Great amenities such as pool, playground, picnic area with BBQ. Excellent Palo Alto Schools.

Last Listed By

Mi Young Lee

Keller Williams Palo Alto License #01917059 Listed on: 02/11/2014

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,802

Year Built

  • Built in 2008

Lot Details

  • Zoning described as C3S

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,893 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Garden Views

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 148-42-114

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,802

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 6
  • Sale Price Per Sq Ft: 693.05
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2893
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 2
  • Map Top Coordinate: D
  • Thomas Bros Page: 811
  • Thomas Brothers: D2
  • Year Built: 2008
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 2893
  • Stories: 3
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Wood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Metal
  • View: Garden / Greenbelt, Local/Neighborhood
  • Yard/Grounds: Patio(s), BBQ Area
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 192
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Parcel Number: 148-42-114
  • List Price per Sq Ft: 656.07
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2614.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2614.00
  • Lot Size Area Min Search: 2614.00
  • Maximum Lot Size: 2614.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Juana Briones Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 7, 2014
Sold by
Woo Myong Shin and Lee Meesim
Bought by
The Fischl & Mooney Family Revocable Tru
Seller's Agent
Mi Young Lee
Keller Williams Palo Alto
Buyer's Agent
Richard Williamson
Golden Gate Sotheby's International Realty
List Price
$1,898,000
Sold Price
$2,005,000
Premium/Discount to List
$107,000
5.64%
Total Days on Market
10
Current Estimated Value
$3,856,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,851,357
Avg. Annual Appreciation
5.92%
Original Mortgage
$1,480,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2012
Closed on
Jun 22, 2012
Sold by
Schisler George M
Bought by
Woo Myong Shin and Lee Mee Sim
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Wayne Okubo
Okubo Real Estate
List Price
$1,595,000
Sold Price
$1,521,000
Premium/Discount to List
-$74,000
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
Aug 13, 2008
Sold by
Western Pacific Housing Inc
Bought by
Schisler George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

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
The Fischl & Mooney Family Revocable Tru $2,005,000 Chicago Title Company
Woo Myong Shin $1,520,750 Chicago Title Company
Schisler George M $1,668,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischl Jason $1,278,601
Closed Fischl Jason $1,423,100
Closed The Fischl & Mooney Family Revocable Tru $1,480,000
Previous Owner Schisler George M $704,000
Previous Owner Schisler George M $250,000
Previous Owner Schisler George M $225,250
Previous Owner Schisler George M $729,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2014 03/13/14 Sold $2,005,000 +5.6% $693 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $1,898,000 +24.8% $656 / Sq Ft
06/28/2012 06/28/12 Sold $1,521,000 -4.6% $526 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $1,595,000 -- $552 / 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
2023 $28,802 $2,362,404 $1,181,202 $1,181,202
2022 $28,467 $2,316,084 $1,158,042 $1,158,042
2021 $27,905 $2,270,672 $1,135,336 $1,135,336
2020 $27,291 $2,247,390 $1,123,695 $1,123,695
2019 $26,988 $2,203,324 $1,101,662 $1,101,662
2018 $26,247 $2,160,122 $1,080,061 $1,080,061
2017 $25,786 $2,117,768 $1,058,884 $1,058,884
2016 $25,109 $2,076,244 $1,038,122 $1,038,122
2015 $24,864 $2,045,058 $1,022,529 $1,022,529
2014 $19,156 $1,558,462 $779,231 $779,231
Source: Public Records

Agents Affiliated with this Home

  • Mi Young Lee

    Seller's Agent in 2014

    Mi Young Lee

    Keller Williams Palo Alto

    (650) 468-0607

    2 Total Sales

    Mi Young Lee
    Section Image
  • Richard Williamson

    Buyer's Agent in 2014

    Richard Williamson

    Golden Gate Sotheby's International Realty

    18 Total Sales

    Richard Williamson
    Section Image
  • Steve Pierce

    Seller's Agent in 2012

    Steve Pierce

    Zane MacGregor

    (650) 324-9900

    28 Total Sales

    Steve Pierce
    Section Image

  • W

    Buyer's Agent in 2012

    Wayne Okubo

    Okubo Real Estate

    (650) 367-8880

    3 Total Sales

    Wayne Okubo
    Section Image
See All Agents

Map

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Source: MLSListings

MLS Number: ML81404103

MLSListings

APN: 148-42-114

California Santa Clara County Palo Alto 94306 Charleston Meadows

407 Alder Ln, Palo Alto, CA

Homes for Sale in Palo Alto, CA

This home is located at 407 Alder Ln, Palo Alto, CA 94306 since 11 February 2014 and is currently estimated at $3,856,357, approximately $1,332 per square foot. This property was built in 2008. 407 Alder Ln is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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