See Home Value
$7,196,000 - $8,794,000
House - Off Market

1861 Waverley ST

PALO ALTO, CA 94301
bedrooms
5 Beds
bathrooms
7 Baths
square feet
4850 Sqft
Sold Mar 15, 2013
$5,774,750
Sold May 01, 2003
Transfer
$1,800,000 by Washington Mutual Bank Fa
Mortgage Due May 01, 2033

About This Property

Price Change. Elegance and sophistication on one of Old Palo Altos best streets! An architectural masterpiece inside/out, this Nantucket homes stately facade is enhanced by a stunning arched window, columns and manicured grounds. Thoughtfully designed, the home spans 4850sf over 3 levels and offers 5 bedroom suites + 2 half baths, and a blend of formal and casual living plus exceptional entertainment areas. Features a grand 2-story foyer, formal living/dining rooms, open concept kitchen/family room, high-end appliances, two gas fireplaces, hardwood floors, multiple French doors and bi-fold glass door for seamless indoor/outdoor living; large primary bedroom retreat with 3 closets and spa-inspired bath; lower level w/ theater, wine cellar, kitchenette, guest en-suite/ separate entrance, and gym. An entertainers backyard boasts full kitchen, Italian Pizza Oven, fire pit, putting green. Within walking distance of top-rated Walter Hays Elem, Greene Middle, Palo Alto High, and Stanford.

The manager has listed the unit size as 4850 square feet.
Unit Size
4,850Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$1,648
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

Price History

Date / Event Date Event Price
Jan 24, 2024 No longer available -
No longer available
Dec 8, 2023 Price Decreased $7,995,000
↓ $504K (5.9%)
Price Decreased
Nov 9, 2023 Price Decreased $8,499,000
↓ $401K (4.5%)
Price Decreased
Oct 15, 2023 Listed $8,900,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,852
  • Garage Type: Attached
  • Garage Square Area: 452
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,850
  • Gross Building Area: 5,302
  • Building Area: 4,850
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 4,850
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEALE ADD MAP 02
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CASEY ANDREW
  • Current Owner 2: CASEY SAORI
  • Previous Owner : GRIMES STEVEN P
  • Previous Owner 2: GRIMES NORMA MORENO
  • Owner Before Previous Owner: LEEDS REAL ESTATE MANAGEMENT CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 06, 2024

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-B2
  • Parcel: 124-09-033
  • Block: 22
  • Lot: 23,24
  • Municipality: PALO ALTO
  • Latitude: 37.4365
  • Longitude: -122.143

    Address

  • Full Address: 1861 Waverley St
  • Address - House Number: 1861
  • Address - Street Name: Waverley
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C018
  • 4-Digit Zip Code: 3846
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $80,754
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 3,441,628
  • High Value: 4,185,773
  • Low Value: 2,697,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,835,342
  • Assessed Land Value: $5,119,111
  • Assessed Improvements Value: $1,716,231

    Sales

  • Current Sale Contract Date: Mar 06, 2013
  • Current Sale Recording Date: Mar 15, 2013
  • Current Sale Transaction ID: 1079911987
  • Current Sale Price: $5,774,750
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22134950
  • Previous Sale Recording Date: May 01, 2003
  • Previous Sale Contract Date: Apr 28, 2003
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: WHITCLEM ENTERPRISES INC
  • First Mortgage Transaction Date: Mar 15, 2013
  • First Mortgage Loan Amount: $2,750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: May 01, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Old Palo Alto


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1235 Alma, Palo Alto, CA, 94301

$6,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,240 ft²
1235 Alma #1235 Alma, Palo Alto, CA, 94301 Listing by Manager


Frequently Asked Questions

When was property at 1861 Waverley Street built and last sold?
The property at 1861 Waverley Street was built in 2001 and last sold on Mar 6, 2013 for $5,774,750.
How much is this home worth?
The estimated value of the home located at 1861 Waverley Street is $8,074,950.
What are some comparable homes to 1861 Waverley Street?
There are currently no comparable homes to 1861 Waverley Street.

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