NOT LISTED FOR SALE

Estimated Value: $1,622,000 - $2,299,000

2 Beds
3 Baths
1,519 Sq Ft
$1,253/Sq Ft Est. Value

Last Sold November 19, 2013

Last sale price $901,000 $593 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $11,279/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of November 2013

Elegant and pristine 2 Bed/3 Bath town home on the park of the beautiful Sterling Park complex. Built in 2010, this very attractive home has a private patio overlooking the square, The main living area is very open with a comfortable seating area, dining area and well-appointed kitchen all flowing together. The top floor is the master suite and laundry and the ground floor has a guest suite.

Last Agent to Sell the Property

Monica Corman

Compass License #01111473 Listed on: 09/18/2013

Compass

Last Buyer's Agent

Alex Wang

Christie's International Real Estate Sereno License #01351503

Christie's International Real Estate Sereno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,690

Year Built

  • Built in 2010

Lot Details

  • 784

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,519 Sq Ft Home
  • Double Pane Windows
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-36-104

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, reserves, maintenance - unit yard, common area electricity, exterior painting, insurance - liability
  • Sterling Park Association
  • Car Wash Area

Recreation

  • Community Playground

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,690

Year Built

Built in 2010

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 3
  • Sale Price Per Sq Ft: 593.15
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 1519
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 5
  • Map Top Coordinate: E
  • Thomas Bros Page: 791
  • Thomas Brothers: E5
  • Year Built: 2010
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining "L", Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1519
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 183
  • HOA Amenities: Car Wash Area, Playground, Club House
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Landscaping / Gardening, Reserves, Maintenance - Unit Yard, Common Area Electricity, Exterior Painting, Insurance - Liability
  • H O A Name Text: Sterling Park
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-36-104
  • List Price per Sq Ft: 608.95
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1742.00
  • Lot Size Area Min Search: 1742.00
  • Maximum Lot Size: 1742.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

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
Sep 18, 2013
Closed on
Nov 15, 2013
Sold by
David Sean P
Bought by
Hsiang Kenneth S
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Alex Wang
Christie's International Real Estate Sereno
List Price
$925,000
Sold Price
$901,000
Premium/Discount to List
-$24,000
-2.59%
Current Estimated Value
$1,902,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,806
Avg. Annual Appreciation
6.23%
Original Mortgage
$675,750
Outstanding Balance
$481,655
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,358,709

Purchase Details

Closed on
Feb 12, 2010
Sold by
Sterling Park Lp
Bought by
David Sean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.97%
Mortgage Type
Negative Amortization
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
Hsiang Kenneth S -- First American Title Company
David Sean P -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsiang Kenneth S $675,750
Previous Owner David Sean P $100,000
Previous Owner David Sean P $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $901,000 -2.6% $593 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $925,000 -- $609 / 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 $13,690 $1,104,492 $552,246 $552,246
2024 $13,690 $1,082,836 $541,418 $541,418
2023 $13,690 $1,061,604 $530,802 $530,802
2022 $13,327 $1,040,790 $520,395 $520,395
2021 $13,065 $1,020,384 $510,192 $510,192
2020 $12,806 $1,009,922 $504,961 $504,961
2019 $12,661 $990,120 $495,060 $495,060
2018 $12,326 $970,706 $485,353 $485,353
2017 $12,110 $951,674 $475,837 $475,837
2016 $11,789 $933,014 $466,507 $466,507
2015 $11,671 $919,000 $459,500 $459,500
2014 $11,378 $901,000 $450,500 $450,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81334618

MLSListings

APN: 127-36-104