NOT LISTED FOR SALE

2466 W Bayshore Rd Unit 3 Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $741,000 - $909,000

2 Beds
1 Bath
906 Sq Ft
1,960 Sq Ft Lot

Last Sold March 09, 2012

Last sale price $355,000 $392 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,858/month

52 Days on Market

Highlights

  • Community Pool
  • Bathtub with Shower
  • Forced Air Heating System
  • Palo Verde Elementary School Rated A+
  • Community Playground
  • Combination Dining and Living Room

About This Home

As of March 2012

Bank Owned ! Open Floor Plan, 2 Bedrooms, 1 Bath Condo in Sheltered Location. Spacious Living Room and Dining Room with Private Patio. Convenient Access To Midtown Shopping, Top Rated Schools and Parks. Location! Location! Location!

Last Agent to Sell the Property

John Lee

MRL Group, Inc. License #01255756 Listed on: 01/06/2012

Last Buyer's Agent

Julie Lau

Coldwell Banker Realty License #01052924

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1972

Lot Details

  • 1,960

Parking

  • 1 Carport Space

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-41-014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pool spa or tennis, common area electricity, common area gas, exterior painting, insurance - common area

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,108

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 40
  • Sale Price Per Sq Ft: 391.83
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 906
  • Barclay Horizontal: 12
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 12
  • Thomas Bros Page: 791
  • Thomas Brothers: D5
  • Year Built: 1972
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 906
  • Stories: 1
  • Flooring: Laminate, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, No Stall Shower

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Playground, Community Pool
  • HOA Documents: Bylaws, Rules & Regulations
  • Association Fees Include: Pool, Spa, or Tennis, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-41-014
  • List Price per Sq Ft: 391.72
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1950.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1950.00
  • Lot Size Area Min Search: 1950.00
  • Maximum Lot Size: 1950.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 23, 2012
Sold by
American Mortgage Fund Lp
Bought by
Cheng Zhi and Liu Hong
Seller's Agent
John Lee
MRL Group, Inc.
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$368,900
Sold Price
$355,000
Premium/Discount to List
-$13,900
-3.77%
Total Days on Market
52
Current Estimated Value
$819,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,462
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Francis Elizabeth K Noe
Bought by
American Mortgage Fund Lp

Purchase Details

Closed on
Dec 7, 2005
Sold by
Falt Jeffrey L
Bought by
Francis Elizabeth K Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2002
Sold by
Scott Arthur W and Scott Annette B
Bought by
Scott Arthur W
Source: Public Records

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Range of Values:

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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
Cheng Zhi $355,000 Lsi Title Company Inc
American Mortgage Fund Lp $368,100 Accommodation
Francis Elizabeth K Noe -- Chicago Title
Scott Arthur W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Elizabeth K Noe $365,800
Previous Owner Scott Arthur W $278,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $355,000 0.0% $392 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/10/2012 02/10/12 Price Changed $354,900 -3.8% $392 / Sq Ft
01/06/2012 01/06/12 For Sale $368,900 -- $407 / 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 $6,108 $437,140 $218,570 $218,570
2023 $6,015 $428,570 $214,285 $214,285
2022 $5,939 $420,168 $210,084 $210,084
2021 $5,822 $411,930 $205,965 $205,965
2020 $5,717 $407,708 $203,854 $203,854
2019 $5,649 $399,714 $199,857 $199,857
2018 $5,512 $391,878 $195,939 $195,939
2017 $5,415 $384,196 $192,098 $192,098
2016 $5,268 $376,664 $188,332 $188,332
2015 $5,211 $371,008 $185,504 $185,504
2014 $5,022 $363,742 $181,871 $181,871
Source: Public Records

Agents Affiliated with this Home

  • John Lee

    Seller's Agent in 2012

    John Lee

    MRL Group, Inc.

    (510) 219-2880

    49 Total Sales

    John Lee
    Section Image
  • Julie Lau

    Buyer's Agent in 2012

    Julie Lau

    Coldwell Banker Realty

    (650) 752-0745

    4 in this area

    56 Total Sales

    Julie Lau
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81200690

MLSListings

APN: 127-41-014

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2466 W Bayshore Rd Unit 3, Palo Alto, CA

This home is located at 2466 W Bayshore Rd Unit 3, Palo Alto, CA 94303 since 06 January 2012 and is currently estimated at $819,462, approximately $904 per square foot. This property was built in 1972. 2466 W Bayshore Rd Unit 3 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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