S
Seller's Agent in 2024
Sharon Dougherty
Keller Williams Palo Alto
(650) 454-8515
1 in this area
8 Total Sales
1040 Colorado Place Palo Alto, CA 94303
Midtown Palo Alto NeighborhoodEstimated Value: $1,580,000 - $1,952,000
3
Beds
3
Baths
1,572
Sq Ft
$1,166/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Skyline View
- Contemporary Architecture
- Palo Verde Elementary School Rated A+
- Deck
- 5-minute walk to Greer Park
About This Home
As of April 2024Encompassed by lovely yards & exceptional outdoor living, this renovated, end-unit townhome is near beloved local amenities & Palo Alto schools. The living room, dining area, & kitchen have been converted into an open layout where hickory-engineered hardwood flooring extends throughout. Opulent yet inviting, the kitchen boasts incredible cabinetry, an island, a granite composite deep sink, & quartzite countertops that sparkle under the recessed lighting above. A sleek electric fireplace anchors the living space, while sets of French doors open to reveal dreamy front & back decks. A luxurious bathroom w/ heated flooring completes the main level. Upstairs the primary suite accompanies 2BR/1BA . Relax in the primary suite w/ a walk-in closet & spa-appointed ensuite that features Italian marble, an oversized tub, & a Toto toilet. From bidet-ready bathrooms to stacked Bosch laundry, every detail in this dazzling residence has been considered. Don't miss: the 2 car garage w great storage, spacious large yard! Convenient Mid-Town and local commuter routes are close by!
Last Agent to Sell the Property
Keller Williams Palo Alto License #00989624 Listed on: 04/06/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $11,094
Year Built
- Built in 1981
Lot Details
- Back and Front Yard Fenced
- Gentle Sloping Lot
HOA Fees
- $265 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Guest Parking
- Unassigned Parking
Home Design
- Contemporary Architecture
- Raised Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,572 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Skylights
- Formal Entry
- Living Room with Fireplace
- Combination Dining and Living Room
- Skyline Views
- Security Gate
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
- Bidet
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 127-62-001
Community Details
Overview
- Association fees include common area electricity, exterior painting, fencing, insurance - common area, maintenance - common area, maintenance - exterior, reserves, roof
- 20 Units
- Colorado Place Home Owners Association
- Built by Colorado Place
- The community has rules related to parking rules
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2024
Closed on
Apr 24, 2024
Sold by
Ashraf Riaz Trust and Yasmin Sarah
Bought by
Chen Daniel Lawrence and Kim Boomi
Seller's Agent
Sharon Dougherty
Keller Williams Palo Alto
Buyer's Agent
Wendy Kandasamy
Compass
List Price
$1,849,000
Sold Price
$2,000,000
Premium/Discount to List
$151,000
8.17%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,781
Avg. Annual Appreciation
-7.74%
Original Mortgage
$1,250,000
Outstanding Balance
$1,236,653
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$566,006
Purchase Details
Closed on
Jun 26, 2011
Sold by
Yasmin Sarah
Bought by
Yasmin Sarah and The Ashraf Riaz Trust
Purchase Details
Closed on
Feb 5, 2010
Sold by
Citimortgage Inc
Bought by
Yasmin Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2009
Sold by
Rizvi Shahnawaz and Rizvi Zishan
Bought by
Citimortgage Inc
Purchase Details
Closed on
Apr 23, 2007
Sold by
Ahsan Agha Ilyas and Ahsan Masuma
Bought by
Rizvi Shahnawaz and Rizvi Zishan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2000
Sold by
Venkatraman Subramanian S and Venkatraman Pushpa C
Bought by
Ahsan Agha Ilyas and Ahsan Masuma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
7.83%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Daniel Lawrence | $2,000,000 | Fidelity National Title Compan | |
| Yasmin Sarah | -- | None Available | |
| Yasmin Sarah | $675,000 | First American Title Company | |
| Citimortgage Inc | $569,900 | Cr Title Services Inc | |
| Rizvi Shahnawaz | $715,000 | Alliance Title Company | |
| Ahsan Agha Ilyas | $439,000 | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Daniel Lawrence | $1,250,000 | |
| Previous Owner | Yasmin Sarah | $610,000 | |
| Previous Owner | Yasmin Sarah | $679,000 | |
| Previous Owner | Yasmin Sarah | $520,000 | |
| Previous Owner | Yasmin Sarah | $540,000 | |
| Previous Owner | Rizvi Shahnawaz | $572,000 | |
| Previous Owner | Ahsan Agha Ilyas | $417,000 | |
| Previous Owner | Ahsan Agha Ilyas | $52,000 | |
| Previous Owner | Ahsan Agha Ilyas | $120,000 | |
| Previous Owner | Ahsan Agha Llyas | $45,000 | |
| Previous Owner | Ahsan Agha Ilyas | $351,200 | |
| Previous Owner | Venkatraman Subramanian S | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $2,000,000 | +8.2% | $1,272 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 04/06/2024 04/06/24 | For Sale | $1,849,000 | -- | $1,176 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,094 | $868,707 | $427,103 | $441,604 |
| 2023 | $10,927 | $851,675 | $418,729 | $432,946 |
| 2022 | $10,794 | $834,976 | $410,519 | $424,457 |
| 2021 | $10,580 | $818,605 | $402,470 | $416,135 |
| 2020 | $10,373 | $810,213 | $398,344 | $411,869 |
| 2019 | $10,253 | $794,328 | $390,534 | $403,794 |
| 2018 | $9,832 | $765,754 | $382,877 | $382,877 |
| 2017 | $9,657 | $750,740 | $375,370 | $375,370 |
| 2016 | $9,399 | $736,020 | $368,010 | $368,010 |
| 2015 | $9,302 | $724,966 | $362,483 | $362,483 |
| 2014 | $9,046 | $710,766 | $355,383 | $355,383 |
Source: Public Records
Agents Affiliated with this Home
-
-
W
Buyer's Agent in 2024
Wendy Kandasamy
Compass
(650) 380-0220
1 in this area
28 Total Sales
Map
Source: MLSListings
MLS Number: ML81960451
APN: 127-62-001
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