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$3,887,050Estimated home value

Beds
6
Baths
5.5
sq ft
5,371

4228 Manuela Ave, Palo Alto, CA 94306

4228 Manuela Ave

Palo Alto, CA 94306

  • Off market
This architectural masterpiece unfolds over 5,371 square feet of opulent living space, complemented by a 949 sq ft deluxe ADU. The main house boasts 4 lavish ensuite bedrooms and a stylish half bath for guests. Each space is designed for comfort and elegance, including two patios and a vast deck for ultimate outdoor living. The heart of this home is a chef's dream kitchen, adorned with exquisite Walnut cabinetry, dual islands for both preparation and hosting, and state-of-the-art Thermador appliances. A dedicated chef's prep area, spacious pantry, and charming eat-in breakfast nook complete this culinary wonderland. The grandeur continues in the expansive 25' x 18' family room, complemented by separate areas for living, dining, and a dedicated media room each space crafted for memorable gatherings and relaxing moments. Retreat to the primary bedroom suite, complete with a private office, an extensive walk-in closet, and an opulent bathroom featuring a luxurious soaker tub, a multi-head shower, and separate vanities, creating a spa-like ambiance. The property's enchanting grounds are a verdant oasis, adorned with over 400 varieties of plants. Embrace the green lifestyle with advanced solar panels, battery storage, and an electric car port, blending luxury with sustainability.

Details

Property type

Single Family Residence

Est. home value

$3,887,050

Lot size

0.4456 acres

Price per sq ft

$1,860

Year built

2023

Price History

07/03/2024
BridgeMLS

BridgeMLS #ML81929862

Removed
$9,988,000
04/04/2024
BridgeMLS

BridgeMLS #ML81929862

Listed
$9,988,000
+132.28%
03/30/2022
BridgeMLS

BridgeMLS #ML81882553

Sold
$4,300,000

Schools & Community

Neighborhood: 

Esther Clark Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$9,129,946
Asking price
$9,988,000
Closing costs (~8% of asking)
-$799,040
Est. remaining loan balance
-$59,014
Cash to seller
$9,129,946

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Inter City Mtg

Loan start date

February 1997

Original loan amount

$286,000

Est. remaining balance

$59,014

Interest rate

7.74%

Loan type

Not Provided, 30 year

Seller

Ernest C Steed and Inez C Steed

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 07/03/2024 at 9:40 PM

Listing updated: 05/05/2024 at 3:20 AM

Listed by: Mark Palermo, Compass Phone #: (650) 218-6400

MLS: BridgeMLS #ML81929862

BridgeMLS logo

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