NOT LISTED FOR SALE

Estimated Value: $789,817 - $911,000

2 Beds
1 Bath
906 Sq Ft
$599/mo HOA Fee

Last Sold October 05, 2021

Last sale price $820,000 $905 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,240/month

7 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Balcony
  • Palo Verde Elementary School Rated A+
  • Granite Countertops
  • Double Pane Windows

About This Home

As of October 2021

Located in Palo Alto's coveted Oregon Green complex, this 2-bedroom, 1-bathroom condominium provides access to prestigious Palo Alto schools (buyer to verify).  This single-story corner unit offers a fantastic open floor plan with a spacious living room that opens onto a patio with views of the complex's mature landscaping.  The updated kitchen features glass-door maple cabinetry, tile floors, a stainless steel refrigerator and a new dishwasher.  This unit has been refreshed throughout including new paint, recently refinished parquet wood floors, and new carpeting.  The renovated bathroom features a new vanity and new vinyl tile floors.  Finishing touches include in-unit washer and dryer, two large closets for storage, plus a separate storage space and carport parking located directly below the unit.  Community amenities include a swimming pool and play area. This home is just down the street from Greer Park and provides convenient access to US-101 and Oregon Expressway.

Last Agent to Sell the Property

Anne Wilbur

Wilbur Properties License #00823559 Listed on: 08/25/2021

Last Buyer's Agent

Poppy Zhao

BQ Realty License #02062931

BQ Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,993

Year Built

  • 1972

Lot Details

  • 1,960

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - flood, insurance - hazard, maintenance - exterior, management fee, pool spa or tennis, water
  • Oregon Green Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,993

Year Built

1972

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Zoning: PA
  • Subclass: Condominium
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 906
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 906
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • 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

  • HOA Fees: 599
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Flood, Insurance - Hazard, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Water
  • 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
  • Elementary School: 320
  • Middle School: 322

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 19, 2021
Sold by
Kiang Ming Chen and The Ming Chen Kiang Revocable
Bought by
Ni Wei
Seller's Agent
Anne Wilbur
Wilbur Properties
Buyer's Agent
Poppy Zhao
BQ Realty
List Price
$810,000
Sold Price
$820,000
Premium/Discount to List
$10,000
1.23%
Current Estimated Value
$863,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,028
Avg. Annual Appreciation
1.72%
Original Mortgage
$656,000
Outstanding Balance
$603,379
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$272,333

Purchase Details

Closed on
Nov 24, 2014
Sold by
Kiang Ming C
Bought by
Kiang Ming Chen

Purchase Details

Closed on
Apr 21, 2005
Sold by
Damberger Bernhard and Ball Leah E
Bought by
Kiang Ming C

Purchase Details

Closed on
Sep 5, 2002
Sold by
Damberger Bernhard and Ball Leah E
Bought by
Damberger Bernhard and Ball Leah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,850
Interest Rate
6.37%

Purchase Details

Closed on
Feb 8, 1999
Sold by
Israel Pinkas
Bought by
Damberger Bernhard and Ball Leah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.79%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Pinkas Karen
Bought by
Pinkas Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.79%
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
Ni Wei $820,000 First American Title Company
Kiang Ming Chen -- None Available
Kiang Ming C -- Alliance Title Company
Damberger Bernhard -- Old Republic Title Company
Damberger Bernhard $200,000 Old Republic Title Company
Pinkas Israel -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Wei $656,000
Previous Owner Damberger Bernhard $130,100
Previous Owner Damberger Bernhard $133,850
Previous Owner Damberger Bernhard $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $820,000 +1.2% $905 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $810,000 -- $894 / 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 $10,993 $853,128 $426,564 $426,564
2023 $10,829 $836,400 $418,200 $418,200
2022 $10,699 $820,000 $410,000 $410,000
2021 $7,479 $551,146 $275,573 $275,573
2020 $7,339 $545,496 $272,748 $272,748
2019 $7,254 $534,800 $267,400 $267,400
2018 $7,071 $524,314 $262,157 $262,157
2017 $6,946 $514,034 $257,017 $257,017
2016 $6,760 $503,956 $251,978 $251,978
2015 $6,689 $496,388 $248,194 $248,194
2014 $6,477 $486,666 $243,333 $243,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81859951

MLSListings

APN: 127-41-034