What is the value of 3716 Carlson Circle, Palo Alto, CA 94306?

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Clarification of Question by asker94110-ga on 15 Sep 2006 19:11 PDT

My mother passed away almost 2 years ago.  My sister and I inherited
her house as tenants in common, 50-50.  She lives there and I have no
interest in living there.
My father wants to buy my share of the house, and we just need to know
the value of it before.  What is the value of 3716 Carlson Circle,
Palo Alto, CA 94306?

It is a 4 bedroom, 3 bath Eichler. I can provide other details as necessary.

Thanks very much!

asker94110-ga,

Thanks for your question, and the additional information in your clarification.


A site called zillow.com provides house values, and for some sections
of the country, their data is very good, very up to date, and very
comprehensive.

Fortunately, Palo Alto is one of those areas, and zillow puts the
value of this address, as of September 1, 2006, at $1,140,125, with a
likely range of $1,037,514 - $1,242,736.

In addition, the site provides a fair amount of detail about the house
and property, most of which you are doubtless aware, but I'll repeat
here for the sake of completeness:



3716 Carlson Cir, Palo Alto, CA 94306

Residence: Single family 
Bedrooms: 4  
Baths: 3.0  
Total rooms: 7.0   
Sq ft: 1,811  
1st floor finished sq ft: 1,488 
4th floor finished sq ft: 323 
Additions finished sq ft: 323 
Lot size: 6,098 sq ft / 0.14 acres  
Lot depth: 93 
Lot width: 67 
Year built: 1952   
Garage sq ft: 185  
Construction type: Wood frame  
Construction quality: 6  
Parcel #: 13224036  
County: Santa Clara  
Zillow Home ID: 19503027 
Legal description: TRACT 892 BLOCK 9 LOT 36  


I suggest you visit zillow.com and search on the property address
yourself, as the site provides additional information, such as maps
and graphs, that can't be reproduced here.  For starters, head to:


http://www.zillow.com/


and enter the street address and city/state/zip in the appropriate search boxes.  


Zillow will produce maps and tables with home values, comparables in
the neighborhood, and links to explanations of their methodolgy, if
that is of interest.


I trust this information fully answers your question.  However, please
don't rate this answer until you have everything you need.  If you
would like any additional information, just post a Request for
Clarification to let me know how I can assist you further, and I'm at
your service.

All the best,

pafalafa-ga

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Request for Answer Clarification by asker94110-ga on 15 Sep 2006 23:42 PDT

Hi -- I would like to obtain a formal estimate, in writing, by an
appraiser/realtor.  I wanted to find such a person through this
posting.  I had already heard of zillow.  I hope you can find me a
person in the area (Palo Alto or San Francisco) thanks so much for any
other ideas and advice on how to justify the value of the house or a
reference to a great realtor/appraiser.

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Clarification of Answer by pafalafa-ga on 16 Sep 2006 05:11 PDT

Here is a list of certified real estate appraisers in Palo Alto who
can assist you with a more on-the-ground cost estimate than can be
obtained via zillow:


Richard E. Labagh, MAI, SRA
Partner
The Reitman Group
3525 Alma Street
Palo Alto, CA 94306
(650) 843-0740x3
Fax: (650) 843-0742
Home: (650) 843-0740x3
Rich@Labagh.com


 

Grant D. Lindholm, MAI
VP/Chief Appraiser
Greater Bay Bancorp
430 Cowper Street
Palo Alto, CA 94301
(650) 614-8921
Fax: (650) 838-0264
glindholm@gbbk.com


 
 
 
K. L. Reitman, MAI, SRA
Managing Partner
The Reitman Group
3525 Alma St.
Palo Alto, CA 94306
(650) 843-0740
Fax: (650) 843-0742
Home: (650) 854-1314
reitman1@mindspring.com

 

Stan Tish, MAI
Berliner, Kidder & Tish
480 Lytton Ave., Ste. 2
Palo Alto, CA 94301-1536
(650) 326-8852
Fax: (650) 323-3570
stish@berlinerkiddertish.com

 
Let me know if there's anything more I can do for you.


paf

useful, but I was hoping for something more personalized, or with an
actual human lead to get the ball rolling.

Hi Asker94110-ga,

I am sure that Pafalafa would have tried to respond to your Request
for Clarification to give you the type of answer you define there.
In your question, however, you asked specifically for a valuation of
the house, a dollar amount, not for reference to an appraiser.

It would have been more appropriate to postpone rating the answer
until after a response to your RFC, as Pafalafa suggested.

Regards, Myoarin

you're right.  I hope I can update/change the rating if Pafalafa's
suggestions turn out well; I think they will.  Sorry, I am rather new
to the process here.

Don't worry about it.  I don't think the rating can be changed, but c'est la vie. 

The main thing is (and always is) getting the best information in
response to a question, so I hope the list I provided turns up some
good leads.

All the best,

paf


P.S.  And thanks to Myo for his kind intervention.

Hi  asker94110-ga!

Pafalafa is a colleague of mine is really a very good researcher and
gives everyone so much value for money. I realize that you realize the
mistake of rating so fast so thats ok. Anyway here are some tips so as
to make your future experience with Google Answers more successful.

The problem that came up with this question is two-fold.

1. You did not say that you want "a formal estimate, in writing, by an
appraiser/realtor" in your original question. We can only work on the
original query since that is what faces us at that moment. I am sure
that if you put that qualification above, researchers would have taken
note of it before proceeding with an answer.

2. Please be reminded as well of the disclaimer below:

"Answers and comments provided on Google Answers are general
information, and are not intended to substitute for informed
professional medical, psychiatric, psychological, tax, legal,
investment, accounting, or other professional advice."

So any answer you will going to get here is really general information
only and isn't comparable to professional advice lets say of a
realtor. But the information though will be of great value to you as
what happened here.

Regards