NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,332,000

2 Beds
1.5 Baths
998 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $950,000 $952 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,200/month

15 Days on Market

Highlights

  • Clubhouse
  • Subterranean Parking
  • Community Storage Space
  • El Carmelo Elementary School Rated A+
  • Forced Air Heating System
  • Carpet

About This Home

As of May 2017

Your next home could be in Palo Alto Midtown, across from Philzs coffee and close to all of the other conveniences that Midtown lifestyle offers, including shops, restaurants, parks, and more. Renovated two-level townhouse style unit in most desirable Midtown neighborhood with privacy of not having someone live above and below. New granite kitchen, updated bathrooms, Newly installed private patio deck and extra on-site storage, you won't find better value in Palo Alto.

Last Agent to Sell the Property

David Kim

Intero Real Estate Services License #01356580 Listed on: 03/30/2017

Intero Real Estate Services

Last Buyer's Agent

Shelly Chou

Coldwell Banker Realty License #01888765

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,586

Year Built

  • Built in 1963

Lot Details

  • 523 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 132-49-009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, hot water, insurance, insurance - liability, landscaping / gardening, reserves, roof, water
  • 15 Units
  • Monterey Townhomes Association
  • Built by Monterey Townhomes
  • The community has rules related to parking rules

Amenities

  • Clubhouse
  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,586

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Restrictions: Parking Restrictions
  • Age: 54
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 15
  • Structure Sq Ft: 998
  • Complex Name: Monterey Townhomes
  • Incorporated: Yes
  • Year Built: 1963
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L"
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 998
  • Stories: 2
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Amenities: Additional Storage, Club House
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Hot Water, Insurance, Insurance - Liability, Landscaping / Gardening, Reserves, Roof, Water
  • H O A Name Text: Monterey Townhomes
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Parcel Number: 132-49-009
  • Lot Acres: 0.0120
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 499.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 499.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 20, 2017
Sold by
Fransson Mikael and Fransson Andi Windhyastuti
Bought by
Liu Dong and Zhang Hongwei
Seller's Agent
David Kim
Intero Real Estate Services
Buyer's Agent
Shelly Chou
Coldwell Banker Realty
List Price
$998,000
Sold Price
$950,000
Premium/Discount to List
-$48,000
-4.81%
Current Estimated Value
$1,115,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,804
Avg. Annual Appreciation
1.95%
Original Mortgage
$712,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
May 19, 2014
Sold by
Andrea Daria D and Vincent Stephen
Bought by
Fransson Mikael and Fransson Andi Windhyastuti
Seller's Agent
Kirk Mahncke
Coldwell Banker Realty
Buyer's Agent
David Kim
Intero Real Estate Services
List Price
$728,000
Sold Price
$780,000
Premium/Discount to List
$52,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$624,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2001
Sold by
Dandrea Consilia E
Bought by
Dandrea Consilia E
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
Liu Dong $950,000 Chicago Title Company
Fransson Mikael $780,000 First American Title Company
Dandrea Consilia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Dong $674,000
Closed Liu Dong $712,500
Previous Owner Fransson Mikael $609,000
Previous Owner Fransson Mikael $620,000
Previous Owner Fransson Mikael $624,000
Previous Owner Dandrea Consilia E $76,000
Previous Owner Dandrea Consilia E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $950,000 -4.8% $952 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $998,000 +27.9% $1,000 / Sq Ft
05/23/2014 05/23/14 Sold $780,000 +7.1% $782 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $728,000 0.0% $729 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $728,000 -- $729 / 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
2025 $13,586 $1,102,550 $551,275 $551,275
2024 $13,586 $1,080,932 $540,466 $540,466
2023 $13,383 $1,059,738 $529,869 $529,869
2022 $13,222 $1,038,960 $519,480 $519,480
2021 $12,561 $1,018,590 $509,295 $509,295
2020 $12,703 $1,008,146 $504,073 $504,073
2019 $12,558 $988,380 $494,190 $494,190
2018 $12,224 $969,000 $484,500 $484,500
2017 $10,520 $823,870 $411,935 $411,935
2016 $10,239 $807,716 $403,858 $403,858
2015 $10,134 $795,584 $397,792 $397,792
2014 $2,205 $132,536 $33,237 $99,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81644505

MLSListings

APN: 132-49-009