NOT LISTED FOR SALE

1116 Trinity Ln Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $1,456,439 - $2,331,000

2 Beds
2.5 Baths
1,130 Sq Ft
$1,589/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2018

Last sale price $1,750,000 $1,549 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,510 / mo

7 Days on Market

Highlights

  • High Ceiling
  • Granite Countertops
  • Walk-In Closet
  • Palo Verde Elementary School Rated A+
  • 2 Car Attached Garage
  • Community Playground

About This Home

As of May 2018

This wonderful 2 bedroom, 2.5 bathroom Palo Alto townhome is located in one of the most sought-after neighborhoods in the country: Palo Verde. Modern amenities include an open living floor plan; a beautiful kitchen; upgraded custom cabinetry throughout; 2 master suites; a washer and dryer; a 2-car garage with ample storage; a balcony; and a patio. Being a corner unit, it abounds in natural light. Upgraded technology in the 1,130 sq. ft. home includes Lutron auto shades; Ecobee3 thermostat systems; WiFi controlled automated lights and garage door; touchless kitchen faucets; and the list goes on. There are low HOA dues of $300 per month with ample guest parking and a playground. Play in Ramos Park just down the street and enjoy the Google Children's Center and Shoreline Park less than a half mile away down a protected pedestrian/bike path. Top-ranked schools include Palo Verde Elementary (#4 in California per Niche), JLS Middle (#2 in California) and Gunn High (#1 in California).

Last Agent to Sell the Property

Adrian Tan

Kinoko License #02033364 Listed on: 04/10/2018

Last Buyer's Agent

Penny Goldcamp

Coldwell Banker Realty License #01746139

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2009

Lot Details

  • 2,130

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Separate Family Room
  • Dining Area
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Additional Features

  • 2,130 Sq Ft Lot
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-70-038

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance, maintenance - common area, maintenance - exterior, maintenance - road, roof, water
  • 72 Units
  • Compass Management Group Association
  • Built by Echelon

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Year Built

Built in 2009

Lot Details

2,130 Sq Ft Lot

HOA Fees

$300 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 72
  • Structure Sq Ft: 1130
  • Complex Name: Echelon
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 3
  • Laundry: Washer / Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks

Exterior Features

  • Foundation: Combination
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Unknown

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Amenities: Playground
  • HOA Documents: Budget, Bylaws, CC&RS, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Roof, Water
  • H O A Name Text: Compass Management Group
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Parcel Number: 127-70-038
  • Lot Acres: 0.0489
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2130.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 4, 2018
Sold by
Neelakantamurthy Yashovan B and Pattar Yashaswini B
Bought by
Jokel Nathan Andrew and Roohparvar Shabnam
Seller's Agent
Adrian Tan
Kinoko
Buyer's Agent
Penny Goldcamp
Coldwell Banker Realty
List Price
$1,388,888
Sold Price
$1,750,000
Premium/Discount to List
$361,112
26%
Current Estimated Value
$1,776,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,930
Avg. Annual Appreciation
0.33%
Original Mortgage
$1,400,000
Outstanding Balance
$1,205,446
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$590,414

Purchase Details

Closed on
May 22, 2009
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Neelakantamurthy Yashovan B and Pattar Yashaswini B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jokel Nathan Andrew $1,750,000 First American Title Co
Neelakantamurthy Yashovan B -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jokel Nathan Andrew $1,400,000
Previous Owner Neelakantamurthy Yashovan B $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2018 05/17/18 Sold $1,750,000 +26.0% $1,549 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $1,388,888 -- $1,229 / Sq Ft
Source: MLSListings

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 $21,466 $1,800,000 $900,000 $900,000
2024 $21,466 $1,745,000 $872,500 $872,500
2023 $23,465 $1,913,878 $956,939 $956,939
2022 $23,191 $1,876,352 $938,176 $938,176
2021 $22,734 $1,839,562 $919,781 $919,781
2020 $22,268 $1,820,700 $910,350 $910,350
2019 $22,020 $1,785,000 $892,500 $892,500
2018 $9,626 $741,304 $518,914 $222,390
2017 $9,456 $726,770 $508,740 $218,030
2016 $9,205 $712,520 $498,765 $213,755
2015 $9,111 $701,819 $491,274 $210,545
2014 $8,859 $688,072 $481,651 $206,421
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adrian Tan

    Kinoko

  • T

    Seller's Agent in 2018

    Thomas Truong

    KW Advisors

  • P

    Buyer's Agent in 2018

    Penny Goldcamp

    Coldwell Banker Realty

    (650) 325-6161

    2 Total Sales

    Penny Goldcamp
    Section Image

  • C

    Buyer's Agent in 2018

    Crystal Friesen

  • Crystal Joslin

    Buyer's Agent in 2018

    Crystal Joslin

    Keller Williams Realty

    (760) 274-7756

    60 Total Sales

    Crystal Joslin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81699916

MLSListings

APN: 127-70-038

California Santa Clara County Palo Alto 94303 Palo Verde

1116 Trinity Ln, Palo Alto, CA

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