NOT LISTED FOR SALE

Estimated Value: $1,944,000 - $3,119,000

4 Beds
2.5 Baths
2,037 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $2,079,000 $1,021 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,642/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Palo Verde Elementary School Rated A+
  • Stone Countertops
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Stunning contemporary home in desirable Sterling Park. A large open living space is paired with gorgeous hardwood floors. The open concept dining room leads to a bright and inviting kitchen with an expansive center island, exquisite stone countertops and modern-styled cabinetry. Each of the home's 4 bedrooms are located upstairs. The vaulted master suite has a separate bath with an adjoining walk-in closet. As well, the separate laundry room is conveniently located on the second level. Truly a special offering with an impeccable design.

Last Agent to Sell the Property

Miles McCormick

Keller Williams Palo Alto License #01184883 Listed on: 02/17/2016

Keller Williams Palo Alto

Last Buyer's Agent

Michelle Chang

Coldwell Banker Realty License #01412547

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,227

Year Built

  • Built in 2009

Lot Details

  • 3,441 Sq Ft Lot
  • Zoning described as LMSD

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Dining Area

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area
  • Sterling Park Association
  • Built by Sterling Park

Listing and Financial Details

  • Assessor Parcel Number 127-36-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,227

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 2037
  • Complex Name: Sterling Park
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Microwave, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 2037
  • Stories: 2
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 111
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Sterling Park
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-36-132
  • Lot Acres: 0.0790
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3461.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3461.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 22, 2016
Sold by
Goidie Daniel C
Bought by
Lee Michael Tsi and Shih Tiffany Chung Ping
Seller's Agent
Miles McCormick
Keller Williams Palo Alto
Buyer's Agent
Michelle Chang
Coldwell Banker Realty
List Price
$2,095,000
Sold Price
$2,079,000
Premium/Discount to List
-$16,000
-0.76%
Current Estimated Value
$2,500,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,670
Avg. Annual Appreciation
1.99%
Original Mortgage
$1,559,250
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2014
Closed on
May 29, 2014
Sold by
Somayajula Siva Rama Kumar and Rao Suman Nagesha
Bought by
Goldie Daniel C
Seller's Agent
Jean-Luc Laminette
Compass
Buyer's Agent
Miles McCormick
Keller Williams Palo Alto
List Price
$1,595,000
Sold Price
$2,157,000
Premium/Discount to List
$562,000
35.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.88%
Original Mortgage
$1,100,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 14, 2014
Closed on
May 23, 2014
Sold by
Goldie Ann Karole
Bought by
Goldie Daniel C
Seller's Agent
Jean-Luc Laminette
Compass
Buyer's Agent
Miles McCormick
Keller Williams Palo Alto
List Price
$1,595,000
Sold Price
$2,157,000
Premium/Discount to List
$562,000
35.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2009
Sold by
Sterling Park Lp
Bought by
Somayajula Siva Rama Kumar and Rao Suman Nagesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Lee Michael Tsi $2,079,000 First American Title Company
Goldie Daniel C $2,156,750 Chicago Title Company
Goldie Daniel C -- Chicago Title Company
Somayajula Siva Rama Kumar -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael Tsi $1,062,400
Closed Lee Michael Tsi $1,559,250
Previous Owner Goldie Daniel C $1,100,000
Previous Owner Somayajula Siva Rama Kumar $500,000
Previous Owner Somayajula Siva Rama Kumar $625,500
Previous Owner Somayajula Siva Rama Kumar $720,000
Previous Owner Somayajula Siva Rama Kumar $729,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $2,079,000 -0.8% $1,021 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $2,095,000 -2.9% $1,028 / Sq Ft
05/30/2014 05/30/14 Sold $2,157,000 +35.2% $1,059 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $1,595,000 -- $783 / 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 $29,227 $2,461,104 $1,230,552 $1,230,552
2024 $29,227 $2,412,848 $1,206,424 $1,206,424
2023 $28,796 $2,365,538 $1,182,769 $1,182,769
2022 $28,463 $2,319,156 $1,159,578 $1,159,578
2021 $27,902 $2,273,684 $1,136,842 $1,136,842
2020 $27,326 $2,250,372 $1,125,186 $1,125,186
2019 $27,023 $2,206,248 $1,103,124 $1,103,124
2018 $26,281 $2,162,990 $1,081,495 $1,081,495
2017 $25,901 $2,120,580 $1,060,290 $1,060,290
2016 $27,035 $2,233,646 $1,116,823 $1,116,823
2015 $26,691 $2,200,096 $1,100,048 $1,100,048
2014 $14,876 $1,203,568 $601,784 $601,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81551062

MLSListings

APN: 127-36-132