NOT LISTED FOR SALE

1122 Tahoe Ln Unit 1004 Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,026,000 - $2,369,000

3 Beds
3.5 Baths
1,715 Sq Ft
958 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $1,658,888 $967 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,014/month

75 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Dogs and Cats Allowed
  • Palo Verde Elementary School Rated A+
  • Separate Family Room

About This Home

As of November 2015

Sterling Park is located in the heart of Midtown Palo Alto and is a thoughtfully conceived, meticulously executed neighborhood designed to create and sustain enduring value. Sterling Park is a collection of contemporary single-family homes, townhomes and condominiums. The homes are spacious, beautifully finished with all the latest features.

Last Agent to Sell the Property

Cindy Riccardi

Classic Communities, Inc. License #01268487 Listed on: 07/07/2015

Last Buyer's Agent

Cindy Riccardi

Classic Communities, Inc. License #01268487 Listed on: 07/07/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,023

Year Built

  • Built in 2011

Lot Details

  • 958

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,715 Sq Ft Home
  • Separate Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 127-36-098

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Sterling Park Association
  • Built by Sterling Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,023

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 4
  • Listing Class: Residential
  • Structure Sq Ft: 1715
  • Complex Name: Sterling Park
  • Year Built: 2011
  • Zoning Description: Res
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1715
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 219
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Sterling Park
  • 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: 127-36-098

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

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

Closed on
May 5, 2023
Sold by
Cai Sunhao and Cai Ziwen
Bought by
3In Beibei
Current Estimated Value
$2,133,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,750
Outstanding Balance
$1,217,653
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$915,343

Purchase Details

Closed on
Apr 25, 2023
Sold by
Zhang Yangbo
Bought by
Sin Beibei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,750
Outstanding Balance
$1,217,653
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$915,343

Purchase Details

Closed on
Feb 17, 2022
Sold by
Sunhao Cai
Bought by
Cai Sunhao and Lin Ziwen

Purchase Details

Closed on
Jul 27, 2021
Sold by
Degiere Christopher and Ingebricson Emily
Bought by
Cai Sunhao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,957,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2015
Closed on
Nov 2, 2015
Sold by
Sterling Park Lp
Bought by
Degiere Christopher and Ingebricson Emily
Seller's Agent
Cindy Riccardi
Classic Communities, Inc.
Buyer's Agent
Cindy Riccardi
Classic Communities, Inc.
List Price
$1,658,888
Sold Price
$1,658,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$1,318,888
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
3In Beibei $2,265,000 First American Title
Sin Beibei -- First American Title
Cai Sunhao -- None Listed On Document
Cai Sunhao $2,060,000 Chicago Title Company
Degiere Christopher $1,659,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3In Beibei $1,245,750
Previous Owner Cai Tis Sunhao $1,100,000
Previous Owner Cai Sunhao $1,957,000
Previous Owner Degiere Christopher $1,318,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $1,658,888 0.0% $967 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $1,658,888 -- $967 / 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
2024 $28,023 $2,310,300 $1,155,150 $1,155,150
2023 $25,758 $2,101,200 $1,050,600 $1,050,600
2022 $25,378 $2,060,000 $1,030,000 $1,030,000
2021 $22,515 $1,814,232 $907,116 $907,116
2020 $22,055 $1,795,630 $897,815 $897,815
2019 $21,811 $1,760,422 $880,211 $880,211
2018 $21,217 $1,725,904 $862,952 $862,952
2017 $20,845 $1,692,064 $846,032 $846,032
2016 $20,298 $1,658,888 $829,444 $829,444
2015 $6,776 $503,729 $267,078 $236,651
2014 $6,562 $493,863 $261,847 $232,016
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindy Riccardi

    Classic Communities, Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81499720

MLSListings

APN: 127-36-098

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1122 Tahoe Ln Unit 1004, Palo Alto, CA

This home is located at 1122 Tahoe Ln Unit 1004, Palo Alto, CA 94303 since 07 July 2015 and is currently estimated at $2,199,646, approximately $1,282 per square foot. This property was built in 2011. 1122 Tahoe Ln Unit 1004 is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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