NOT LISTED FOR SALE

2450 W Bayshore Rd Unit 9 Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $954,000 - $1,324,000

3 Beds
2 Baths
1,134 Sq Ft
$738/mo HOA Fee

Last Sold October 06, 2020

Last sale price $1,000,000 $882 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,600/month

23 Days on Market

Highlights

  • Unit is on the top floor
  • Private Pool
  • Balcony
  • Palo Verde Elementary School Rated A+
  • Granite Countertops
  • Bathtub with Shower

About This Home

As of October 2020

The Oregon Green condominium complex has been very well run for many years. 3 bedroom condos in this complex are rarely available, typically selling very quickly. This excellent unit is located with three buildings between it and 101, and with single family homes behind it.For quick shopping trips, the Edgewood Shopping Center is a short walk away. The Midtown Shopping Center is a moderate walk away. The Palo Alto Baylands, Byxbee Park, and Greer Park are a short walk away.Enjoy easy access to hi-tech jobs, to top rated Palo Alto schools, and to neighborhood cafes. Relax outside in the community pool, shaded green areas or on your own covered deck. HOA fees cover hot water, flood, and earthquake insurance.

Last Agent to Sell the Property

Juliana Lee

JLEE Realty License #00851314 Listed on: 08/05/2020

Last Buyer's Agent

Juliana Lee

JLEE Realty License #00851314 Listed on: 08/05/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,436

Year Built

  • 1972

Lot Details

  • 1,960

HOA Fees

  • $738 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Storage Room
  • Carpet

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • Northwest Facing Home
  • Unit is on the top floor
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance, insurance - earthquake, insurance - flood, insurance - hazard, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof
  • 92 Units
  • Oregon Green Association

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,436

Year Built

1972

Lot Details

0

HOA Fees

$738 per month

Listing Details

  • Zoning: PC
  • Subclass: Condominium
  • Age: 48
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 12
  • Min Numberof Unitsin Complex: 92
  • Structure Sq Ft: 1134
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Ice Maker, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 1134
  • Stories: 1
  • Laundry: Dryer, Washer
  • Flooring: Carpet
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Property Faces: Northwest
  • Pool: Community Facility

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Common Parking Area, Unassigned Spaces
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Oregon Green
  • HOA Fees: 738
  • HOA Amenities: Community Pool, Playground
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance, Insurance - Earthquake, Insurance - Flood, Insurance - Hazard, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: Oregon Green

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

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1134.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1134.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Other Unit Above

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 16, 2020
Sold by
Azab Ahmed and Azab Heba
Bought by
Jin Zhenyang and Mao Qiulan
Seller's Agent
Juliana Lee
JLEE Realty
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Current Estimated Value
$1,086,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,211
Avg. Annual Appreciation
1.65%
Original Mortgage
$545,000
Outstanding Balance
$483,651
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$602,560

Purchase Details

Listed on
Mar 29, 2014
Closed on
Apr 23, 2014
Sold by
Metaferia Abera Y and Woldearegay Alem G
Bought by
Azab Ahmed and Aly Heba
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Shannon Rose
Keller Williams Thrive
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$692,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 11, 2003
Sold by
Malimban Norma and Malimban Rodolfo
Bought by
Metaferia Abera Y and Woldearegay Alem G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2000
Sold by
Malimban Rodolfo R Trustee and Norma L
Bought by
Malimban Rodolfo and Malimban Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,625
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 13, 1997
Sold by
Malmiban Rodolfo R and Malimban Norma L
Bought by
Malimban Rodolfo R and Malimban Norma L
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
Jin Zhenyang $1,000,000 Old Republic Title
Azab Ahmed $865,000 Chicago Title Company
Metaferia Abera Y $390,000 Old Republic Title Company
Malimban Rodolfo -- Stewart Title
Malimban Rodolfo R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Zhenyang $545,000
Previous Owner Azab Ahmed $692,000
Previous Owner Metaferia Abera Y $312,000
Previous Owner Malimban Rodolfo $365,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $1,000,000 0.0% $882 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $1,000,000 -8.9% $882 / Sq Ft
08/16/2020 08/16/20 Price Changed $1,098,000 -4.5% $968 / Sq Ft
08/05/2020 08/05/20 For Sale $1,150,000 +32.9% $1,014 / Sq Ft
05/30/2014 05/30/14 Sold $865,000 +1.9% $763 / Sq Ft View Prior Sale
04/20/2014 04/20/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $849,000 -- $749 / 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 $13,436 $1,082,432 $541,216 $541,216
2024 $13,436 $1,061,208 $530,604 $530,604
2023 $13,237 $1,040,400 $520,200 $520,200
2022 $13,080 $1,020,000 $510,000 $510,000
2021 $12,823 $1,000,000 $500,000 $500,000
2020 $12,331 $969,570 $484,785 $484,785
2019 $12,192 $950,560 $475,280 $475,280
2018 $11,870 $931,922 $465,961 $465,961
2017 $11,661 $913,650 $456,825 $456,825
2016 $11,352 $895,736 $447,868 $447,868
2015 $11,238 $882,282 $441,141 $441,141
2014 $6,088 $460,768 $230,384 $230,384
Source: Public Records

Agents Affiliated with this Home

  • Juliana Lee

    Seller's Agent in 2020

    Juliana Lee

    JLEE Realty

    (650) 857-1000

    6 in this area

    214 Total Sales

    Juliana Lee
    Section Image
  • Andy Tse

    Seller's Agent in 2014

    Andy Tse

    Intero Real Estate Services

    (408) 807-8808

    819 Total Sales

    Andy Tse
    Section Image

  • S

    Buyer's Agent in 2014

    Shannon Rose

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81804571

MLSListings

APN: 127-41-065

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2450 W Bayshore Rd Unit 9, Palo Alto, CA

This home is located at 2450 W Bayshore Rd Unit 9, Palo Alto, CA 94303 since 05 August 2020 and is currently estimated at $1,086,211, approximately $957 per square foot. This property was built in 1972. 2450 W Bayshore Rd Unit 9 is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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