2466 W Bayshore Rd Unit 1 Palo Alto, CA 94303
Midtown Palo Alto NeighborhoodEstimated Value: $809,158 - $899,000
2
Beds
1
Bath
906
Sq Ft
$599/mo
HOA Fee
Highlights
- Granite Countertops
- Community Pool
- Community Playground
- Palo Verde Elementary School Rated A+
- Bathtub with Shower
- Tile Flooring
About This Home
As of November 2021Updated 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
Kevin Chiao
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
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
Kevin Chiao
Compass
Buyer's Agent
Pan Wang
FlyHomes, Inc
List Price
$815,000
Sold Price
$815,000
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,790
Avg. Annual Appreciation
1.61%
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2021
Kevin Chiao
Compass
(408) 246-8888
1 in this area
97 Total Sales
-
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
830 Total Sales
-
Justin Carrow
Seller Co-Listing Agent in 2017
Justin Carrow
Intero Real Estate Services
(408) 687-3460
136 Total Sales
-
Buyer's Agent in 2017
Su Hyun Park
Prima Investment Group Inc.
(408) 472-1841
24 Total Sales
Map
Source: MLSListings
MLS Number: ML81865757
APN: 127-41-015
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