NOT LISTED FOR SALE

242 Ventura Ave Palo Alto, CA 94306

Ventura Neighborhood

Estimated Value: $1,116,000 - $1,464,000

3 Beds
1.5 Baths
1,226 Sq Ft
$1,054/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Washer and Dryer
  • Barron Park Elementary School Rated A+
  • Separate Family Room
  • Dining Area

About This Home

As of September 2022

REDUCED RENT TO $3950! Excellent Palo Alto schools.*GUNN HIGH* and prime location close to Dtwn Palo Alto. Palo Alto 3BD/1.5BA End-unit townhouse with plenty of natural light with windows on all sides. Open floor plan with living room, dining area, kitchen, breakfast bar, & half bath downstairs. Living room opens to a spacious private side yard with mature fruit trees. 3BD1BA upstairs w/ laundry, 1 extra washroom for your convenience. Primary bedroom suite features a wall of closets and a Jack-and-Jill bathroom. Attached 1-car garage, plus assigned 1-car parking space. Newer appliances (refrigerator, washer/dryer). Easy access to Caltrain, El Camino & major freeways, a short drive to Dtwn Palo Alto. Landlord pays for HOA(includes water) and provides gardener service, tenant responsible for all other utilities(gas, electricity & garbage). Pets (less than 30lbs) are allowed but additional pet rent is required. Plenty additional street parking. No smoking, no sublease

Last Agent to Rent the Property

Lina Yang

KW Advisors License #02084385 Listed on: 07/18/2022

KW Advisors

Last Renter's Agent

Lina Yang

KW Advisors License #02084385 Listed on: 07/18/2022

KW Advisors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,807

Year Built

  • 1978

Lot Details

  • 958

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,226 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $4,200
  • Property Available on 9/22/22
  • 6-Month Minimum Lease Term

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,807

Year Built

1978

Lot Details

0

Parking

1

Rental Info

  • Available: 09/22/2022
  • Lease Terms: Credit Report Required, Option To Renew
  • Minimum Lease Months: 6
  • Security Deposit: 4200

Listing Details

  • Subclass: Townhouse For Rent
  • Age: 44
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1226
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1978

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1226
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Electric

Condo/Co-op/Association

  • Complex Name: Ventura Townhouses Association
  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2013
Sold by
Yang Pei
Bought by
Yang Pei
Current Estimated Value
$1,292,038

Purchase Details

Closed on
Dec 23, 2010
Sold by
Yang Pei
Bought by
Yang Pei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,700
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Sun Hsien Tang and Chiang Yi Chun
Bought by
Yang Pei and Luo Yumei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1999
Sold by
Lalchandani Atam P Trustee
Bought by
Sun Hsien Tang and Chiang Yi Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.5%
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
Yang Pei -- None Available
Yang Pei -- North American Title Company
Yang Pei $675,000 First American Title Company
Sun Hsien Tang $361,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Pei $351,000
Closed Yang Pei $417,000
Closed Yang Pei $468,700
Closed Yang Pei $540,000
Closed Sun Hsien Tang $250,000
Previous Owner Sun Hsien Tang $270,000
Previous Owner Sun Hsien Tang $100,000
Previous Owner Sun Hsien Tang $274,000
Previous Owner Sun Hsien Tang $274,000
Previous Owner Sun Hsien Tang $275,000
Previous Owner Sun Hsien Tang $275,000
Previous Owner Sun Hsien Tang $280,000
Closed Yang Pei $67,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Rented $3,950 0.0% --
09/25/2022 09/25/22 Under Contract -- -- --
09/22/2022 09/22/22 Price Changed $3,950 -6.0% $3 / Sq Ft
08/26/2022 08/26/22 Price Changed $4,200 -6.7% $3 / Sq Ft
07/26/2022 07/26/22 Price Changed $4,500 -6.3% $4 / Sq Ft
07/18/2022 07/18/22 For Rent $4,800 -- --
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 $11,807 $940,877 $418,166 $522,711
2024 $11,807 $922,429 $409,967 $512,462
2023 $11,631 $904,343 $401,929 $502,414
2022 $11,492 $886,612 $394,049 $492,563
2021 $11,266 $869,228 $386,323 $482,905
2020 $11,045 $860,316 $382,362 $477,954
2019 $10,919 $843,448 $374,865 $468,583
2018 $10,634 $826,911 $367,515 $459,396
2017 $10,447 $810,698 $360,309 $450,389
2016 $10,169 $794,803 $353,245 $441,558
2015 $10,066 $782,865 $347,939 $434,926
2014 $9,799 $767,531 $341,124 $426,407
Source: Public Records

Agents Affiliated with this Home

  • Lina Yang

    Landlord's Agent in 2022

    Lina Yang

    KW Advisors

    (650) 206-8881

    79 Total Sales

    Lina Yang
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Map

Source: MLSListings

MLS Number: ML81900741

MLSListings

APN: 132-52-016

California Santa Clara County Palo Alto 94306 Ventura

242 Ventura Ave, Palo Alto, CA

This home is located at 242 Ventura Ave, Palo Alto, CA 94306 since 18 July 2022 and is currently priced at $1,292,038. This property was built in 1978. 242 Ventura Ave is a home located in Santa Clara County with nearby schools including Barron Park Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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