$398,000
SOLD OCT 22, 2014
2 Beds
1 Bath
1,047 Sq Ft
$165/mo HOA Fee

Recently Sold

$380 Per Sq Ft

39 Days on Market

Highlights

  • Spa
  • Laundry Room
  • Carpet
  • Carmel Creek Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 5-minute walk to Woodwind Park

About This Home

As of May 2025

Brand new carpet! Delightful unit in the heart of Carmel Valley in the highly sought-after community of Palermo. Excellent location; within walking distance to top restaurants and shopping, Cinepolis luxury theatre, parks, award winning schools, library and convenient freeway access. Boasting a sparkling community pool/spa, tennis court, and low HOA dues this top-floor unit is meticulously well kept, light and bright with crown molding through out and an open floor plan. Neighborhoods: Palermo Complex Features: ,, Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Alessandro Fraschetti

Compass License #01800218 Listed on: 08/11/2014

Last Buyer's Agent

Kat Heldman

Compass License #01515780

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,771

Year Built

  • Built in 1998

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Parking Permit Required

Home Design

  • Stucco

Interior Spaces

  • 1,047 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Pool

  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 3040632104

Community Details

Overview

  • 196 Units
  • Allegis Association, Phone Number (858) 430-5700
  • Palermo

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,771

Year Built

Built in 1998

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Park Name: Palermo
  • Property Attached: Yes
  • Subdivision Name Other: Carmel Valley
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3040632104
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1047.00
  • Stories: 1
  • Entry Location: 1
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 380.13
  • Spa Features: Community

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Permit Required
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Allegis
  • Phone: 858-430-5700

Multi Family

  • Number Of Units In Community: 196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2025
Closed on
Jul 7, 2025
Sold by
Zhang Yajie
Bought by
Yajie Zhang Living Trust and Zhang
Seller's Agent
Barbara Huba
Compass
Buyer's Agent
Barbara Huba
Compass
List Price
$818,000
Sold Price
$715,000
Premium/Discount to List
-$103,000
-12.59%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.92%

Purchase Details

Listed on
Mar 9, 2025
Closed on
May 1, 2025
Sold by
Cecere Stephanie I
Bought by
Zhang Yajie
Seller's Agent
Barbara Huba
Compass
Buyer's Agent
Barbara Huba
Compass
List Price
$818,000
Sold Price
$715,000
Premium/Discount to List
-$103,000
-12.59%
Views
145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 29, 2014
Sold by
Wilkens Steven J and Wilkens Heather L
Bought by
Cecere Stephanie I
Seller's Agent
Alessandro Fraschetti
Compass
Buyer's Agent
Kat Heldman
Compass
List Price
$398,000
Sold Price
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$358,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Pena Angel L
Bought by
Wilkens Steven J and Wilkens Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1999
Sold by
Deguzman Margaret
Bought by
Pena Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1998
Sold by
Brookfield Palermo Inc
Bought by
Deguzman Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,850
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $715,000 Wfg National Title Company
Grant Deed $398,000 Fidelity National Title
Grant Deed $452,000 Fidelity National Title
Grant Deed $191,000 Commonwealth Land Title Co
Grant Deed $139,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $357,500 New Conventional
Previous Owner $358,200 New Conventional
Previous Owner $361,600 Purchase Money Mortgage
Previous Owner $60,000 Credit Line Revolving
Previous Owner $210,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $30,000 Credit Line Revolving
Previous Owner $181,450 Purchase Money Mortgage
Previous Owner $133,850 FHA
Closed $67,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $715,000 -6.5% $683 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $765,000 -2.5% $731 / Sq Ft
04/07/2025 04/07/25 Price Changed $785,000 -1.6% $750 / Sq Ft
03/24/2025 03/24/25 Price Changed $798,000 -2.4% $762 / Sq Ft
03/09/2025 03/09/25 For Sale $818,000 +105.5% $781 / Sq Ft
10/22/2014 10/22/14 Sold $398,000 0.0% $380 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $398,000 -- $380 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,771 $478,327 $360,551 $117,776
2024 $5,771 $468,949 $353,482 $115,467
2023 $5,725 $459,754 $346,551 $113,203
2022 $5,619 $450,740 $339,756 $110,984
2021 $5,534 $441,903 $333,095 $108,808
2020 $5,493 $437,373 $329,680 $107,693
2019 $5,402 $428,798 $323,216 $105,582
2018 $5,314 $420,391 $316,879 $103,512
2017 $5,237 $412,149 $310,666 $101,483
2016 $4,970 $404,069 $304,575 $99,494
2015 $4,907 $398,000 $300,000 $98,000
2014 $5,233 $430,000 $307,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140044156

California Regional Multiple Listing Service (CRMLS)

APN: 304-063-21-04