See Home Value
$3,001,950*
House - Off Market

251 Parkside DR

PALO ALTO, CA 94306
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2059 Sqft
$2,696,000 - $3,294,000
Reference Base Price*
0.23%
Since Oct 1, 2021
CA-San Francisco
Primary Model
Sold Oct 25, 2021
$2,975,000
$2,378,695 by Hsbc Bank Usa
Mortgage Due Nov 01, 2051

About This Property

Spacious and updated Eichler in the heart of Greenmeadow! Amazingly flexible floor plan with abundant possibilities. Private master suite with remodeled bathroom, front two bedrooms with kitchenette and private bathroom can be used as an ADU, for multi-generational living or as home offices. An additional bedroom includes separate entrance and private kitchenette.  Large living room with towering walls of windows and abundant natural light. Situated in the heart of the Greenmeadow, a unique and special neighborhood unlike any other in Palo Alto

The manager has listed the unit size as 2059 square feet.
Unit Size
2,059Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$1,455
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold to Fanglin Lu, Hui Chen $2,975,000
Sold to Fanglin Lu, Hui Chen
Sep 24, 2021 No longer available -
No longer available
Sep 11, 2021 Listed $2,995,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,059
  • Gross Building Area: 1,979
  • Building Area: 2,059
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,059
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENMEADOW
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1310 GREENMEADOW BOOK 50 PAGE 50 PAGE 51 BLOCK 3 LOT 28

Ownership

  • Current Owner : CHEN HUI
  • Current Owner 2: LU FANGLIN
  • Previous Owner : TURNER CAROL A
  • Previous Owner 2: TURNER SCOTT A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510802

Zoning

  • Zoning: R1B8

Geography

  • Assessors Map Reference: 44-E5
  • Subdivision Tract Number: 1310
  • Parcel: 147-31-053
  • Block: 3
  • Lot: 28
  • Municipality: PALO ALTO
  • Latitude: 37.4137
  • Longitude: -122.113

    Address

  • Full Address: 251 Parkside Dr
  • Address - House Number: 251
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C085
  • 4-Digit Zip Code: 4531
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,541
  • Tax Rate Code Area: 06-012

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,232,011
  • High Value: 3,887,543
  • Low Value: 2,576,479

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,955,355
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,378,695
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Sep 09, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $576,660
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 28, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,034,500
  • Assessed Land Value: $2,731,050
  • Assessed Improvements Value: $303,450

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11860804941
  • Current Sale Price: $2,975,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25142537

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $2,378,695
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

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

About Greenmeadow


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Frequently Asked Questions

When was property at 251 Parkside Drive built and last sold?
The property at 251 Parkside Drive was built in 1954 and last sold on Oct 12, 2021 for $2,975,000.
How much is this home worth?
The estimated value of the home located at 251 Parkside Drive is $3,026,962.
What are some comparable homes to 251 Parkside Drive?
There are currently no comparable homes to 251 Parkside Drive.

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