NOT LISTED FOR SALE

2466 W Bayshore Rd Unit 1 Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $789,370 - $906,000

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

Last Sold November 18, 2021

Last sale price $815,000 $900 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,212/month

8 Days on Market

Highlights

  • Granite Countertops
  • Community Pool
  • Community Playground
  • Palo Verde Elementary School Rated A+
  • Bathtub with Shower
  • Tile Flooring

About This Home

As of November 2021

Updated modern and contemporary 2 bedroom, 1 bath, 906 sq. ft. home features luxury vinyl flooring, double pane windows, and recessed lighting. Open dining area flows nicely to the updated kitchen and cozy living room with sliding glass door that leads out to a spacious balcony. Updated bathroom with modern floating vanity, gleaming tile floors, and custom shower tiles over tub. Two generous sized bedrooms with oversized closets featuring custom built-in organizers. In-unit laundry with stackable washer and dryer. One assigned carport with EV charging, extra large storage unit and additional parking spot. Community includes a pool, and a children's play area. Nestled between Facebook and Google and minutes away from 101. Walking distance to Greer park and just minutes to Midtown Shopping Center, Charleston Shopping Center, Mitchell Park, Costco, Safeway, and Philz Coffee. Top-rated Palo Alto schools include Palo Verde Elementary, Jane Lathrop Stanford Middle, and Palo Alto High.

Last Agent to Sell the Property

Kei Group

Compass License #70010147 Listed on: 10/06/2021

Last Buyer's Agent

Pan Wang

FlyHomes, Inc License #01870058

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,932

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
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - flood, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water
  • 92 Units
  • Compass Management Group Association

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,932

Year Built

1972

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Zoning: PC
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 49
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 92
  • 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 In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 906
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower And Tub, Updated Bath

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Oregon Green
  • HOA Fees: 599
  • 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 - Common Area, Insurance - Flood, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Compass Management Group

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

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 10, 2021
Sold by
Kim Jungkeun and Ahn Hyejune
Bought by
Jiang Heng and Zhang Yan
Seller's Agent
Kei Group
Compass
Buyer's Agent
Pan Wang
FlyHomes, Inc
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$858,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,763
Avg. Annual Appreciation
1.54%
Original Mortgage
$774,000
Outstanding Balance
$715,168
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$147,622

Purchase Details

Listed on
Aug 26, 2017
Closed on
Sep 29, 2017
Sold by
Kao Albert Y and Kao Cindy W
Bought by
Kim Jungkeun and Ahn Hyejune
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Su Hyun Park
Prima Investment Group Inc.
List Price
$849,000
Sold Price
$920,000
Premium/Discount to List
$71,000
8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.89%
Original Mortgage
$650,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2013
Sold by
Li Yong and Liu Xiaohui
Bought by
Kao Albert Y and Kao Cindy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2011
Sold by
California Housing Finance Agency
Bought by
Li Yong and Liu Xiaohui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2011
Sold by
Xu Hui and Liu Xiaoqin
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Jan 31, 2008
Sold by
Garcia Manuel A and Garcia Lillian
Bought by
Xu Hui and Liu Xiaoqin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,100
Interest Rate
6.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 26, 2003
Sold by
Meteferia Abera Y and Woldearegay Alem G
Bought by
Garcia Manuel A and Garcia Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1994
Sold by
Ackerman Joseph H and Ackerman Laurie J
Bought by
Metaferia Abera Y and Woldearegay Alem G
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
Jiang Heng $815,000 Chicago Title Company
Kim Jungkeun $920,000 Orange Coast Title Co Norcal
Kao Albert Y $565,000 Chicago Title Company
Li Yong $368,000 Investors Title Company
California Housing Finance Agency $505,891 None Available
Xu Hui $470,000 Financial Title Company
Garcia Manuel A $335,000 Old Republic Title Company
Metaferia Abera Y $135,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Heng $774,000
Previous Owner Kim Jungkeun $595,000
Previous Owner Kim Jungkeun $650,000
Previous Owner Kao Albert Y $150,800
Previous Owner Kao Albert Y $360,000
Previous Owner Kao Albert Y $265,000
Previous Owner Li Yong $267,600
Previous Owner Li Yong $107,000
Previous Owner Li Yong $269,000
Previous Owner Li Yong $270,000
Previous Owner Xu Hui $14,100
Previous Owner Xu Hui $470,000
Previous Owner Garcia Manuel A $322,000
Previous Owner Garcia Manuel A $268,000
Previous Owner Metaferia Abera Y $132,000
Previous Owner Metaferia Abera Y $100,000
Previous Owner Metaferia Abera Y $30,000
Previous Owner Metaferia Abera Y $22,000
Previous Owner Metaferia Abera Y $148,000
Previous Owner Metaferia Abera Y $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $815,000 0.0% $900 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $815,000 -11.4% $900 / Sq Ft
10/02/2017 10/02/17 Sold $920,000 +8.4% $1,015 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $849,000 -- $937 / 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 $10,932 $847,926 $423,963 $423,963
2023 $10,769 $831,300 $415,650 $415,650
2022 $10,639 $815,000 $407,500 $407,500
2021 $10,716 $967,084 $483,542 $483,542
2020 $12,103 $957,168 $478,584 $478,584
2019 $11,964 $938,400 $469,200 $469,200
2018 $11,647 $920,000 $460,000 $460,000
2017 $7,923 $596,776 $298,388 $298,388
2016 $7,711 $585,076 $292,538 $292,538
2015 $7,549 $576,288 $288,144 $288,144
2014 $7,321 $565,000 $282,500 $282,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kei Group

    Compass

  • P

    Buyer's Agent in 2021

    Pan Wang

    FlyHomes, Inc

  • Andy Tse

    Seller's Agent in 2017

    Andy Tse

    Intero Real Estate Services

    (408) 807-8808

    824 Total Sales

    Section Image
  • Justin Carrow

    Seller Co-Listing Agent in 2017

    Justin Carrow

    Intero Real Estate Services

    (408) 687-3460

    138 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Su Hyun Park

    Prima Investment Group Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81865757

MLSListings

APN: 127-41-015

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2466 W Bayshore Rd Unit 1, Palo Alto, CA

This home is located at 2466 W Bayshore Rd Unit 1, Palo Alto, CA 94303 since 06 October 2021 and is currently estimated at $855,343, approximately $944 per square foot. This property was built in 1972. 2466 W Bayshore Rd Unit 1 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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