NOT LISTED FOR SALE

2045 Yale St Palo Alto, CA 94306

Estimated Value: $1,206,000 - $1,837,000

2 Beds
2.5 Baths
1,248 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,660,000 $1,330 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,244/month

Highlights

  • Wood Flooring
  • Open to Family Room
  • Washer and Dryer
  • Escondido Elementary School Rated A+
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2022

Available now. Beautifully updated contemporary style townhome nestled in a tranquil corner of College Terrace in Palo Alto. This private end-unit home features 2 beds and 2.5 baths in 1,248 sq ft of living space. Meticulously maintained with an open & inviting floor plan that boasts custom designer upgrades and plenty of natural light. Enjoy cooking in the elegant gourmet kitchen that includes granite countertops, custom cabinetry, 2 sub-zero built-in refrigerators & Miele luxury appliances. Other fabulous features of this home include updated bathrooms, gleaming hardwood floors, central AC, interior laundry & much more. Excellent Palo Alto schools and located near the vibrant California Ave district, where you're just a short walk to plenty of shops, restaurants, and a year-round Sunday farmers market. Close to Town & Country Mall, Stanford Shopping Center & University Avenue. Commute up and down the Peninsula with a CalTrain station just a few blocks away.

Last Agent to Rent the Property

Kevin Lu

Christie's International Real Estate Sereno License #01999867 Listed on: 05/20/2022

Christie's International Real Estate Sereno

Last Renter's Agent

Kevin Lu

Christie's International Real Estate Sereno License #01999867 Listed on: 05/20/2022

Christie's International Real Estate Sereno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,272

Year Built

  • 1975

Lot Details

  • 958

Parking

  • 2 Car Garage

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,495
  • Property Available on 5/20/22
  • Rent includes association fees, trash removal
  • 12-Month Minimum Lease Term

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,272

Year Built

1975

Lot Details

0

Parking

2

Rental Info

  • Available: 05/20/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees, Trash Removal
  • Security Deposit: 5495

Listing Details

  • Subclass: Townhouse For Rent
  • Age: 47
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1248
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1975

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric
  • Fireplace: Yes
  • Living Sq Ft: 1248
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Aug 30, 2021
Sold by
Rathore Vinay S and Martinez Patricia
Bought by
Chang Allison
Seller's Agent
Brad Le
Compass
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$1,750,000
Sold Price
$1,660,000
Premium/Discount to List
-$90,000
-5.14%
Current Estimated Value
$1,600,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,350
Avg. Annual Appreciation
-2.28%
Original Mortgage
$1,104,000
Outstanding Balance
$1,013,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$503,880

Purchase Details

Closed on
Sep 29, 2020
Sold by
Rathore Vinay S and Martinez Patricia D
Bought by
Rathore Vinay S and Martinez Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Moore Alexander Dorsey
Bought by
Auh Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Auh Jane S
Bought by
Rathore Vinay S and Martinez Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Kladzyk Thomas Duncan
Bought by
Auh Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2000
Sold by
Kladzyk Thomas Duncan
Bought by
Kladzyk Thomas Duncan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Allison $1,660,000 Chicago Title Company
Rathore Vinay S -- Wfg National Title
Rathore Vinay S -- Wfg Title Company Of Ca
Auh Jane S -- Chicago Title Company
Rathore Vinay S $829,750 Chicago Title Company
Auh Jane S $726,000 First American Title Company
Kladzyk Thomas Duncan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Allison $1,104,000
Previous Owner Rathore Vinay S $532,000
Previous Owner Rathore Vinay S $575,000
Previous Owner Rathore Vinay S $639,000
Previous Owner Rathore Vinay S $648,000
Previous Owner Auh Jane S $580,800
Closed Auh Jane S $108,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2022 05/28/22 Rented $5,495 0.0% --
05/20/2022 05/20/22 For Rent $5,495 0.0% --
09/24/2021 09/24/21 Sold $1,660,000 +3.8% $1,330 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $1,600,000 -8.6% $1,282 / Sq Ft
08/06/2021 08/06/21 For Sale $1,750,000 -- $1,402 / 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 $18,272 $1,655,000 $827,500 $827,500
2024 $18,272 $1,480,000 $740,000 $740,000
2023 $19,701 $1,595,000 $797,500 $797,500
2022 $20,699 $1,660,000 $830,000 $830,000
2021 $12,389 $970,551 $436,747 $533,804
2020 $12,143 $960,600 $432,269 $528,331
2019 $12,004 $941,766 $423,794 $517,972
2018 $11,686 $923,301 $415,485 $507,816
2017 $11,479 $905,198 $407,339 $497,859
2016 $11,174 $887,450 $399,352 $488,098
2015 $11,060 $874,121 $393,354 $480,767
2014 $10,776 $856,999 $385,649 $471,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81892867

MLSListings

APN: 137-30-006