See Home Value
$5,356,226*
House - Off Market

885 Sharon CT

PALO ALTO, CA 94301
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3100 Sqft
$4,490,000 - $5,486,000
Reference Base Price*
7.38%
Since Apr 1, 2021
CA-San Francisco
Primary Model
Sold Apr 05, 2021
$5,000,000
$2,600,000 by Bank Of America Na
Mortgage Due May 01, 2051
Sold Apr 05, 2021
$880,000

About This Property

Located in the coveted Crescent Park neighborhood of Palo Alto, this classic & timeless property features ample space for a growing family. Tastefully remodeled 5 bed/4 bath two-level home. Open-concept kitchen & family room area, and a separate dining/ family/library space. The chef's kitchen, with top-of-the-line stainless steel appliances, granite counter breakfast island, and separate wine bar area, will awake the culinary gift in you. Hard-wood floor throughout, custom hallway carpeting, designer windows & blinds systems, radiant heated floor in Master Bath, and built-in shelves and cabinets. The beautifully landscaped backyard is perfect for entertaining and everyday living. This charming cul-de-sac location is situated in a fantastic neighborhood of tree-lined streets, next to Eleanor Pardee Park and walking distance to PA Children's Theater, Junior Museum & Zoo, and Rinconada Park. Close to downtown PA, Stanford Shopping Center & University. What an ideal home with top schools.

The manager has listed the unit size as 3100 square feet.
Unit Size
3,100Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$1,609
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Apr 5, 2021 Sold to Jingwen He, Siyuan Chen $5,000,000
Sold to Jingwen He, Siyuan Chen
Mar 5, 2021 No longer available -
No longer available
Feb 19, 2021 Listed $4,988,000
Listed
Sep 24, 2020 No longer available -
No longer available
Aug 28, 2020 Listed $5,500,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 434
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,952
  • Gross Building Area: 1,807
  • Building Area: 2,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESCENT VIEW
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRESCENT VIEW LOT 8

Ownership

  • Current Owner : CHEN SIYUAN
  • Current Owner 2: HE JINGWEN
  • Previous Owner : TANG PATRICK JEE
  • Owner Before Previous Owner: CHENG XIAO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511200

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 1531
  • Parcel: 003-28-036
  • Municipality: PALO ALTO
  • Latitude: 37.4491
  • Longitude: -122.141

    Address

  • Full Address: 885 Sharon Ct
  • Address - House Number: 885
  • Address - Street Name: Sharon
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C047
  • 4-Digit Zip Code: 3058
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $61,608
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 4,643,879
  • High Value: 5,566,034
  • Low Value: 3,721,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,600,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,600,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,202,000
  • Assessed Land Value: $4,265,640
  • Assessed Improvements Value: $936,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Transaction ID: 11828908218
  • Current Sale Price: $5,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24906484
  • Previous Sale Recording Date: Apr 05, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $880,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 05, 2021
  • First Mortgage Loan Amount: $2,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 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
House
4 Beds
3 Baths
2,185 ft²
$2,105/ft²
$4,599,000 Mar 9, 2023
-
-

About Crescent Park


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Frequently Asked Questions

When was property at 885 Sharon Court built and last sold?
The property at 885 Sharon Court was built in 1955 and last sold on Mar 11, 2021 for $5,000,000.
How much is this home worth?
The estimated value of the home located at 885 Sharon Court is $5,038,850.
What are some comparable homes to 885 Sharon Court?
There are currently no comparable homes to 885 Sharon Court.

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