NOT LISTED FOR SALE

315 Homer Ave Unit 204 Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $2,048,933 - $2,914,000

2 Beds
2 Baths
1,467 Sq Ft
1,176 Sq Ft Lot

Last Sold December 07, 2012

Last sale price $1,588,000 $1,082 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $15,776/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Living Room with Fireplace
  • Addison Elementary School Rated A+
  • Contemporary Architecture
  • 1-minute walk to Heritage Park

About This Home

As of December 2012

Built in 2004, this stunning 2 bedroom, 2 bath condo offers quality finishes throughout with gourmet kitchen, living/dining combo with a gas fireplace, hardwood floors, French doors to terrace, in-unit laundry, cross breeze in all rooms, master suite with walk-in closet, private balcony off second bedroom and short distance to downtown.

Last Agent to Sell the Property

Pamela Page

Compass License #00858214 Listed on: 11/14/2012

Last Buyer's Agent

Keri Nicholas

Coldwell Banker License #01198898

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,488

Year Built

  • Built in 2004

Lot Details

  • 1,176

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • City Lights Views
  • Intercom

Kitchen

  • Built-In Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120-48-032

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, management fee, reserves, common area electricity, common area gas, decks, exterior painting, fencing, garbage, insurance - common area, insurance - liability
  • Community Mgt Association

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,488

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 8
  • Sale Price Per Sq Ft: 1082.48
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 1467
  • Builder Architect: Summerhill
  • Incorporated: Yes
  • Map Book Page: 653
  • Map Side Coordinate: 5
  • Map Top Coordinate: J
  • Thomas Bros Page: 653
  • Thomas Brothers: J5
  • Year Built: 2004
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log, Gas Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Self Cleaning, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 1467
  • Stories: 1
  • Security: Security Gate, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: City Lights

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 725
  • HOA Amenities: Additional Storage, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Management Fee, Reserves, Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Community Mgt
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-48-032
  • List Price per Sq Ft: 1014.31
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1306.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1306.00
  • Lot Size Area Min Search: 1306.00
  • Maximum Lot Size: 1306.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Nov 30, 2012
Sold by
Phillips Laurie C D
Bought by
1016 A Properties Llc
Seller's Agent
Pamela Page
Compass
Buyer's Agent
Keri Nicholas
Coldwell Banker
List Price
$1,488,000
Sold Price
$1,588,000
Premium/Discount to List
$100,000
6.72%
Current Estimated Value
$2,502,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,103
Avg. Annual Appreciation
3.45%
Original Mortgage
$1,595,000
Outstanding Balance
$1,120,226
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,320,188

Purchase Details

Closed on
Feb 10, 2005
Sold by
Kam Kwong Ning and Kam Wai Ying
Bought by
Roskoph Paul H

Purchase Details

Closed on
Mar 8, 2004
Sold by
Summerhill Channing Llc
Bought by
Srinivasan Vijayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
1016 A Properties Llc $1,587,750 Old Republic Title Company
Roskoph Paul H -- Chicago Title
Srinivasan Vijayashree $880,000 First American Title Company
Kam Kwong Ning $900,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1016 A Properties Llc $1,595,000
Previous Owner Kam Kwong Ning $675,000
Previous Owner Srinivasan Vijayashree $686,000
Closed Srinivasan Vijayashree $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $1,588,000 +6.7% $1,082 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $1,488,000 -- $1,014 / 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 $23,488 $1,917,154 $958,577 $958,577
2023 $23,142 $1,879,564 $939,782 $939,782
2022 $22,874 $1,842,710 $921,355 $921,355
2021 $22,424 $1,806,580 $903,290 $903,290
2020 $21,966 $1,788,056 $894,028 $894,028
2019 $21,722 $1,752,998 $876,499 $876,499
2018 $21,131 $1,718,626 $859,313 $859,313
2017 $20,761 $1,684,928 $842,464 $842,464
2016 $20,216 $1,651,892 $825,946 $825,946
2015 $20,018 $1,627,080 $813,540 $813,540
2014 $19,591 $1,595,208 $797,604 $797,604
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Pamela Page

    Compass

  • K

    Buyer's Agent in 2012

    Keri Nicholas

    Coldwell Banker

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Map

Source: MLSListings

MLS Number: ML81240914

MLSListings

APN: 120-48-032

California Santa Clara County Palo Alto 94301 University South

315 Homer Ave Unit 204, Palo Alto, CA

This home is located at 315 Homer Ave Unit 204, Palo Alto, CA 94301 since 14 November 2012 and is currently estimated at $2,455,311, approximately $1,673 per square foot. This property was built in 2004. 315 Homer Ave Unit 204 is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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