NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,597,000

3 Beds
2 Baths
1,134 Sq Ft
1,960 Sq Ft Lot

Last Sold April 14, 2016

Last sale price $950,000 $838 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,418/month

60 Days on Market

Highlights

  • Private Pool
  • Forced Air Heating System
  • Ceiling Fan
  • Palo Verde Elementary School Rated A+
  • Dining Room

About This Home

As of April 2016

## Check the 3D Virtual Tour ## Most Affordable 3BR 2Bath Palo Alto condo in excellent condition!! Great Location. 2.9 Miles to Stanford University. Light & Bright Floor Plan. Lush Green complex. fresh paint, upgraded kitchen, and bath with warranty. Newer windows, new roof. inside washer and dryer, enclosed private patio and balcony, covered carport with extra parking, extra storage, community swimming pool and children's playground, and walking distance to Greer Park. Close to 101, easy for commute. Excellent PAUSD schools!!!! Open House Saturday and Sunday 1.30-4.30pm.

Last Agent to Sell the Property

Smitha Aiyar

Coldwell Banker Realty License #01892410 Listed on: 01/14/2016

Coldwell Banker Realty

Last Buyer's Agent

Judy Chow

Keller Williams Palo Alto License #01791584

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,922

Year Built

  • Built in 1972

Lot Details

  • 1,960

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 127-41-074

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, hot water, insurance, insurance - earthquake, landscaping / gardening, maintenance - common area, pool spa or tennis, roof
  • Compass Management Association
  • Built by Oregron Green

Recreation

  • Lap or Exercise Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,922

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 1134
  • Complex Name: Oregron Green
  • Year Built: 1972
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1134
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Lap
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 590
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Insurance, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Compass management
  • H O A Exist: Yes

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

  • Parcel Number: 127-41-074
  • Lot Acres: 0.0450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1951.49
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1951.49

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 11, 2016
Sold by
Aiyar Bala Gopalan and Aiyar Smitha Bala
Bought by
Evenson Derek and Sinha Evenson Monica
Seller's Agent
Smitha Aiyar
Coldwell Banker Realty
Buyer's Agent
Judy Chow
Keller Williams Palo Alto
List Price
$1,136,000
Sold Price
$950,000
Premium/Discount to List
-$186,000
-16.37%
Current Estimated Value
$1,193,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,221
Avg. Annual Appreciation
2.42%
Original Mortgage
$760,000
Outstanding Balance
$604,762
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$588,459

Purchase Details

Closed on
Oct 29, 2014
Sold by
Aiyar Bala G and Aiyar Smitha Bala
Bought by
Bala & Smith Aiyar Living Trust and Aiyar Smita Bala

Purchase Details

Closed on
Oct 29, 2008
Sold by
Bortner Joanne Jishung Liu
Bought by
Aiyar Bala G and Aiyar Smitha Bala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2008
Sold by
Liu Joanne
Bought by
Bortner Joanne Jishung Liu

Purchase Details

Closed on
Aug 12, 2004
Sold by
Liu Jack D and Hsu Miao Fan
Bought by
Liu Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.65%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2000
Sold by
Wang Zion and Wang Monica T
Bought by
Liou Ji Gong

Purchase Details

Closed on
Nov 23, 1999
Sold by
Sally Osier
Bought by
Wang Zion and Wang Monica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.45%
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
Evenson Derek $950,000 Old Republic Title Company
Aiyar Bala Gopalan -- Old Republic Title Company
Bala & Smith Aiyar Living Trust -- None Available
Aiyar Bala G $540,000 Commonwealth Land Title
Bortner Joanne Jishung Liu -- None Available
Liu Joanne $380,000 First American Title Company
Liou Ji Gong $347,000 Old Republic Title Company
Wang Zion $302,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiyar Bala Gopalan $760,000
Closed Evenson Derek $760,000
Previous Owner Aiyar Bala G $415,000
Previous Owner Liu Joanne $266,000
Previous Owner Wang Zion $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $950,000 -4.6% $838 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/29/2016 02/29/16 Price Changed $996,000 -9.0% $878 / Sq Ft
02/17/2016 02/17/16 Price Changed $1,095,000 -3.6% $966 / Sq Ft
01/14/2016 01/14/16 For Sale $1,136,000 -- $1,002 / 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 $13,922 $1,124,600 $562,300 $562,300
2024 $13,922 $1,102,550 $551,275 $551,275
2023 $13,715 $1,080,932 $540,466 $540,466
2022 $13,180 $1,028,400 $514,200 $514,200
2021 $12,501 $973,000 $486,500 $486,500
2020 $13,023 $1,028,308 $514,154 $514,154
2019 $12,876 $1,008,146 $504,073 $504,073
2018 $12,535 $988,380 $494,190 $494,190
2017 $12,314 $969,000 $484,500 $484,500
2016 $7,735 $587,145 $293,491 $293,654
2015 $7,573 $578,327 $289,083 $289,244
2014 $7,345 $567,000 $283,421 $283,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81546972

MLSListings

APN: 127-41-074