NOT LISTED FOR SALE

Estimated Value: $1,877,000 - $2,467,000

3 Beds
3.5 Baths
1,715 Sq Ft
$250/mo HOA Fee

Last Sold October 15, 2018

Last sale price $2,005,000 $1,169 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $14,191/month

6 Days on Market

Highlights

  • Two Primary Bedrooms
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Palo Verde Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of October 2018

Stylish Midtown home boasting open concept living area with high ceilings, hardwood and tile floors and recessed lighting. Kitchen has stone counters, center island and stainless-steel appliances. 2 car garage, laundry area and bedroom with porch on the ground floor, main floor is the living area with ½ bath and balcony, and two master suites on the 3rd level, one with quartz-topped shelving, perfect for an office. Award winning Palo Alto schools and conveniently located to everything!

Last Agent to Sell the Property

Jinny Ahn

Coldwell Banker Realty License #01158424 Listed on: 09/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Sunny Kim

Compass License #01871036

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,642

Year Built

  • Built in 2010

Lot Details

  • 871

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,715 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 127-36-092

Community Details

Overview

  • Association fees include common area electricity, landscaping / gardening, maintenance - common area, management fee
  • 96 Units
  • Sterling Park Association
  • Built by Sterling Park

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,642

Year Built

Built in 2010

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Age: 8
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 96
  • Structure Sq Ft: 1715
  • Complex Name: Sterling Park
  • Year Built: 2010
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range
  • Living Sq Ft: 1715
  • Stories: 3
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Primary Bedroom
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Amenities: Playground
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Landscaping / Gardening, Maintenance - Common Area, Management Fee
  • H O A Name Text: Sterling Park
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-36-092
  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 871.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 5, 2018
Sold by
Kwon Yonghee and Chung Soyoung
Bought by
Chang Jonathan
Seller's Agent
Jinny Ahn
Coldwell Banker Realty
Buyer's Agent
Sunny Kim
Compass
List Price
$1,738,000
Sold Price
$2,005,000
Premium/Discount to List
$267,000
15.36%
Current Estimated Value
$2,199,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,985
Avg. Annual Appreciation
1.24%
Original Mortgage
$1,375,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2015
Closed on
Mar 29, 2015
Sold by
Wong Timothy and Wong Helena
Bought by
Kwon Younghee and Chung Soyoung
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Jinny Ahn
Intero Real Estate Services
List Price
$988,000
Sold Price
$1,570,000
Premium/Discount to List
$582,000
58.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$1,256,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2010
Sold by
Sterling Park Lp
Bought by
Wong Timothy and Wong Helena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Chang Jonathan $2,005,000 Chicago Title Co
Kwon Younghee $1,570,000 Chicago Title Company
Wong Timothy -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Jonathan $1,345,000
Closed Chang Jonathan $1,375,000
Previous Owner Kwon Younghee $1,256,000
Previous Owner Wong Timothy $380,000
Previous Owner Wong Timothy $555,000
Previous Owner Wong Timothy $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $2,005,000 +15.4% $1,169 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $1,738,000 +10.7% $1,013 / Sq Ft
05/18/2015 05/18/15 Sold $1,570,000 +58.9% $915 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $988,000 -- $576 / 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 $26,642 $2,236,610 $1,118,305 $1,118,305
2024 $26,642 $2,192,756 $1,096,378 $1,096,378
2023 $26,249 $2,149,762 $1,074,881 $1,074,881
2022 $25,944 $2,107,610 $1,053,805 $1,053,805
2021 $25,433 $2,066,286 $1,033,143 $1,033,143
2020 $24,910 $2,045,100 $1,022,550 $1,022,550
2019 $24,633 $2,005,000 $1,002,500 $1,002,500
2018 $19,593 $1,594,958 $797,479 $797,479
2017 $19,248 $1,563,686 $781,843 $781,843
2016 $18,741 $1,533,026 $766,513 $766,513
2015 $11,311 $895,386 $447,693 $447,693
2014 -- $877,848 $438,924 $438,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81722989

MLSListings

APN: 127-36-092