NOT LISTED FOR SALE

Estimated Value: $1,336,749 - $1,748,000

2 Beds
2.5 Baths
1,130 Sq Ft
2,134 Sq Ft Lot

Last Sold January 07, 2013

Last sale price $825,000 $730 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,385/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Granite Flooring
  • Tandem Parking
  • Palo Verde Elementary School Rated A+
  • Bathtub
  • Breakfast Bar

About This Home

As of January 2013

Brand New Listing, never on the market,this home is warm and welcoming. An easy walk up reveals a lovely glass-insert front door opening to a light-filled living room in shades of honey. A balcony off the dining area has been updated with French screens to enjoy the pleasant breeze. Great Palo Alto schools and welcoming community with public art on-site, shopping, & parks.

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 11/08/2012

Keller Williams Palo Alto

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 11/08/2012

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,589

Year Built

  • Built in 2009

Lot Details

  • 2,134

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • Dining Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-70-032

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area
  • Compass Association
  • Car Wash Area

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,589

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 4
  • Sale Price Per Sq Ft: 730.09
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1130
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 1130
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Dryer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Granite, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 260
  • HOA Amenities: Car Wash Area, Playground, BBQ Area
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Compass
  • Levels In Unit: 3
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-70-032
  • List Price per Sq Ft: 712.39
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2151.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2151.00
  • Lot Size Area Min Search: 2151.00
  • Maximum Lot Size: 2151.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 5, 2012
Sold by
Qiu Sam N and Huang Jen Yi
Bought by
An Irene Hyun Jung
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$805,000
Sold Price
$825,000
Premium/Discount to List
$20,000
2.48%
Current Estimated Value
$1,529,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,937
Avg. Annual Appreciation
4.97%
Original Mortgage
$325,000
Outstanding Balance
$224,914
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,296,933

Purchase Details

Closed on
May 22, 2009
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Qiu Sam N and Huang Jen Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
An Irene Hyun Jung $825,000 Cornerstone Title Company
Qiu Sam N -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Irene Hyun Jung $325,000
Previous Owner Qiu Sam N $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2013 01/07/13 Sold $825,000 +2.5% $730 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $805,000 -- $712 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2025 $12,589 $1,015,914 $507,957 $507,957
2024 $12,589 $995,996 $497,998 $497,998
2023 $12,400 $976,468 $488,234 $488,234
2022 $12,251 $957,322 $478,661 $478,661
2021 $12,008 $938,552 $469,276 $469,276
2020 $11,771 $928,930 $464,465 $464,465
2019 $11,636 $910,716 $455,358 $455,358
2018 $11,328 $892,860 $446,430 $446,430
2017 $11,127 $875,354 $437,677 $437,677
2016 $10,831 $858,192 $429,096 $429,096
2015 $10,720 $845,302 $422,651 $422,651
2014 $10,441 $828,744 $414,372 $414,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81240351

MLSListings

APN: 127-70-032