NOT LISTED FOR SALE

2330 University Ave Unit 370 East Palo Alto, CA 94303

Estimated Value: $782,957 - $911,000

2 Beds
2 Baths
1,201 Sq Ft
$360/mo HOA Fee

Last Sold September 28, 2021

Last sale price $805,000 $670 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,567/month

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring
  • Menlo-Atherton High School Rated A
  • Traditional Architecture
  • Loft

About This Home

As of September 2021

One-of-a-kind unit on University! The conveniently located unit features 2 bedrooms, 2 bathrooms, a loft and an open floor plan complete with high ceilings and gleaming hardwood floors. An expansive kitchen including copious amounts of countertop space to create and cabinet storage galore. Relax with ease at the end of the day on your private balcony overlooking the neighborhood. Personal washer and dryer closet in-unit and underground garage parking...the list goes on! Perfectly placed just moments away from Hwy 101, the Dumbarton Bridge, Amazon, Ravenswood Shopping Center, Facebook HQ, IKEA and Cal Train. Don't miss this one!

Last Agent to Sell the Property

Alex Lehr

Guide Real Estate License #00867442 Listed on: 07/29/2021

Guide Real Estate

Last Buyer's Agent

Shokoofeh Nowbakht

Intero Real Estate Services License #01796303

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,316

Year Built

  • 2006

Lot Details

  • 0.46

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Secured Garage or Parking
  • Guest Parking
  • Off-Street Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, maintenance - common area, reserves, roof, security service
  • 31 Units
  • University Commons Association

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,316

Year Built

2006

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Zoning: Residential
  • Subclass: Condominium
  • Style: Traditional
  • Age: 15
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Min Numberof Unitsin Complex: 31
  • Structure Sq Ft: 1201
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1201
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreat, More Than One Bedroom On Ground Floor
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Loft
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Granite, Showers Over Tubs - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City Lights, Neighborhood
  • Yard/Grounds: Balcony / Patio, Courtyard
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 360
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Maintenance - Common Area, Reserves, Roof, Security Service
  • HOA Exist: Yes
  • H O A Name Text: University Commons

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Costano Elementary
  • Middle School: Cesar Chavez Academy
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 624
  • Middle School: 620

Lot Info

  • Lot Description: Grade - Level

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 3, 2021
Sold by
Homelight Inc
Bought by
Xu Li
Seller's Agent
Alex Lehr
Guide Real Estate
Buyer's Agent
Shokoofeh Nowbakht
Intero Real Estate Services
List Price
$829,000
Sold Price
$805,000
Premium/Discount to List
-$24,000
-2.9%
Current Estimated Value
$816,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,739
Avg. Annual Appreciation
0.36%
Original Mortgage
$644,000
Outstanding Balance
$585,992
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$230,747

Purchase Details

Closed on
Jun 30, 2021
Sold by
Rodriguez Sandra M
Bought by
Homelight Inc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Emc Mortgage Corporation
Bought by
Rodriguez Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2008
Sold by
Lee Jung H
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Jul 10, 2006
Sold by
Lee Crystal C
Bought by
Lee Jung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,910
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2006
Sold by
Bridgeport Llc
Bought by
Lee Jung H
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
Xu Li $805,000 Chicago Title Company
Homelight Inc $944,000 Chicago Title Company
Rodriguez Sandra M $249,000 Orange Coast Title
Emc Mortgage Corp $324,350 Accommodation
Lee Jung H -- First American Title Company
Lee Jung H $540,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Li $644,000
Previous Owner Rodriguez Sandra M $199,200
Previous Owner Lee Jung H $485,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $805,000 -2.9% $670 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $829,000 -- $690 / 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 $10,316 $854,271 $256,281 $597,990
2023 $10,316 $821,100 $246,330 $574,770
2022 $9,648 $805,000 $241,500 $563,500
2021 $4,022 $296,928 $89,076 $207,852
2020 $3,978 $293,884 $88,163 $205,721
2019 $3,985 $288,123 $86,435 $201,688
2018 $3,899 $282,475 $84,741 $197,734
2017 $3,785 $276,937 $83,080 $193,857
2016 $3,799 $271,507 $81,451 $190,056
2015 $3,747 $267,430 $80,228 $187,202
2014 $3,662 $262,192 $78,657 $183,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81855887

MLSListings

APN: 114-240-280