NOT LISTED FOR SALE

Estimated Value: $795,881 - $915,000

2 Beds
1 Bath
906 Sq Ft
$604/mo HOA Fee

Last Sold November 03, 2022

Last sale price $806,000 $890 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,240/month

52 Days on Market

Highlights

  • Private Pool
  • Guest Parking
  • Dining Area
  • Palo Verde Elementary School Rated A+
  • Forced Air Heating System

About This Home

As of November 2022

This conveniently located 2 Bedroom, 1 Bathroom condo offers one of the most affordable accesses to the fantastic Palo Alto schools: Palo Alto Verde Elementary, Jane Lathrop Stanford Middle School, and Palo Alto High School (Buyer To Verify). Situated in the back of the community, it offers a quiet, relaxing environment. Inside laundry, carport parking plus open space. New interior paint, one year old refrigerator, and newer washer & dryer in the unit. Copper plumbing, flooring, and fixtures were updated in 2018. A large private deck overlooks the courtyard area. Walking distance to Greer Park, a short drive to many great restaurants on California Ave, downtown Palo Alto and Stanford. Quick access onto Hwy 101, Meta (Facebook), Google, etc.

Last Agent to Sell the Property

Maggie Chien

Keller Williams Thrive License #01973756 Listed on: 09/09/2022

Keller Williams Thrive

Last Buyer's Agent

Amy Pan

Keller Williams Thrive License #02140613

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,557

Year Built

  • Built in 1972

Lot Details

  • 1,960

HOA Fees

  • $604 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking

Additional Features

  • Private Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-41-043

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, insurance - liability, landscaping / gardening, pool spa or tennis, roof
  • Oregon Green Association
  • Built by Oregon Green

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,557

Year Built

Built in 1972

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 906
  • Complex Name: Oregon Green
  • Year Built: 1972
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 906
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Community Facility
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Common Parking Area, Guest / Visitor Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 604
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Oregon Green
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-41-043

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 1, 2022
Sold by
Wu Chien-Ting and Wu Hsin-Yi
Bought by
Terminal Avenue Trust
Seller's Agent
Maggie Chien
Keller Williams Thrive
Buyer's Agent
Amy Pan
Keller Williams Thrive
List Price
$899,000
Sold Price
$806,000
Premium/Discount to List
-$93,000
-10.34%
Views
4
Current Estimated Value
$861,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,198
Avg. Annual Appreciation
2.07%

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 12, 2018
Sold by
Cao Huiyu
Bought by
Wu Chien Ting and Chen Hsin Yi
Seller's Agent
nicholas french
Christie's International Real Estate Sereno
Buyer's Agent
Maggie Chien
Green Valley Realty USA
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 1, 2013
Sold by
Zheng Hao
Bought by
Cao Huiyu
Seller's Agent
Tao He
Morgan Real Estate
Buyer's Agent
Joshua Tung
Lexicon Homes
List Price
$510,000
Sold Price
$525,000
Premium/Discount to List
$15,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
May 10, 2005
Sold by
Zhou Elaine Y
Bought by
Pan Xiaofang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 1999
Sold by
Rulon Smith
Bought by
Zhou Elaine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.72%
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
Terminal Avenue Trust $800,000 Orange Coast Title
Wu Chien Ting $900,000 Old Republic Title Co
Cao Huiyu -- Chicago Title Company
Cao Huiyu $525,000 Chicago Title Company
Pan Xiaofang $428,000 Fidelity National Title Ins
Zhou Elaine Y $280,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Xiaofang $320,000
Previous Owner Pan Xiaofang $25,000
Previous Owner Pan Xiaofang $342,400
Previous Owner Zhou Elaine Y $280,000
Previous Owner Zhou Elaine Y $275,000
Previous Owner Zhou Elaine Y $224,000
Closed Zhou Elaine Y $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $806,000 +0.9% $890 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $799,000 -5.9% $882 / Sq Ft
10/04/2022 10/04/22 Price Changed $849,000 -5.6% $937 / Sq Ft
09/09/2022 09/09/22 For Sale $899,000 -0.1% $992 / Sq Ft
09/20/2018 09/20/18 Sold $900,000 +0.1% $993 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $899,000 +71.2% $992 / Sq Ft
05/07/2013 05/07/13 Sold $525,000 +2.9% $579 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $510,000 -- $563 / 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
2024 $10,557 $816,000 $408,000 $408,000
2023 $10,399 $800,000 $400,000 $400,000
2022 $11,159 $865,600 $432,800 $432,800
2021 $10,585 $819,000 $409,500 $409,500
2020 $11,642 $918,000 $459,000 $459,000
2019 $11,508 $900,000 $450,000 $450,000
2018 $7,588 $568,182 $284,091 $284,091
2017 $7,454 $557,042 $278,521 $278,521
2016 $7,254 $546,120 $273,060 $273,060
2015 $7,179 $537,918 $268,959 $268,959
2014 $6,958 $527,382 $263,691 $263,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81906708

MLSListings

APN: 127-41-043