NOT LISTED FOR SALE

Estimated Value: $2,927,052 - $3,466,000

2 Beds
2.5 Baths
2,052 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $2,050,000 $999 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $19,553/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Traditional Architecture
  • 1-minute walk to Scott Park

About This Home

As of October 2013

Tasteful, sought after Woodmark ground level unit; offering a private gated entrance & secure underground parking. This townhome is beautifully appointed with designer features, high ceilings & French doors that open onto a trellis-covered spacious patio. Fabulous location for Downtown Palo ALto living!

Last Agent to Sell the Property

Brigid Van Randall

Coldwell Banker Realty License #01139489 Listed on: 10/10/2013

Coldwell Banker Realty

Last Buyer's Agent

Mark Mena

Intero Real Estate Services License #01273450

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $29,906

Year Built

  • Built in 2004

Lot Details

  • Security Fence

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Dryer

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 120-11-017

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, roof, sewer, water, common area electricity, insurance - common area, insurance - earthquake, insurance - liability
  • University Park Association
  • Built by Woodmark

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$29,906

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Traditional
  • Age: 9
  • Sale Price Per Sq Ft: 999.03
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 2052
  • Builder Architect: Summerhill
  • Complex Name: Woodmark
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 5
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J5
  • Year Built: 2004
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2052
  • Stories: 2
  • Security: Security Features, Security Building, Security Gate, Fire Alarm, Security Fence
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Formal Entry, Storage, Den / Study / Office
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 815
  • HOA Amenities: Additional Storage, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Roof, Sewer, Water, Common Area Electricity, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability
  • H O A Name Text: University Park
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-11-017
  • List Price per Sq Ft: 974.17
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1425.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1425.00
  • Lot Size Area Min Search: 1425.00
  • Maximum Lot Size: 1425.00
  • 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
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Tong Simon and Tong Shamim Akhtar
Bought by
Tong Simon and Tong Shamim Akhtar
Current Estimated Value
$3,137,351

Purchase Details

Closed on
Jan 20, 2016
Sold by
Tong Simon
Bought by
Tong Simon

Purchase Details

Listed on
Oct 10, 2013
Closed on
Oct 10, 2013
Sold by
Warrior Padmasree and Warrior Mohandas
Bought by
Tong Simon
Seller's Agent
Brigid Van Randall
Coldwell Banker Realty
Buyer's Agent
Mark Mena
Intero Real Estate Services
List Price
$1,999,000
Sold Price
$2,050,000
Premium/Discount to List
$51,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
May 15, 2008
Sold by
Magnussen Sandra Lr and Magnussen Bernard L
Bought by
Warrior Padmasree and Warrior Mohandas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Outstanding Balance
$831,366
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,305,985

Purchase Details

Closed on
Dec 26, 2005
Sold by
Magnussen Bernard L and Magnussen Sandra
Bought by
Sandra & Bernard Magnussen 1993 Trust

Purchase Details

Closed on
Oct 29, 2004
Sold by
Summerhill Woodmark Llc
Bought by
Magnussen Bernard L and Magnussen Sandra
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
Tong Simon -- None Available
Tong Simon -- None Available
Tong Simon -- None Available
Tong Simon -- None Available
Tong Simon $2,049,750 First American Title Company
Warrior Padmasree -- Chicago Title Company
Sandra & Bernard Magnussen 1993 Trust -- None Available
Sandra & Bernard Magnussen 1993 Trust -- None Available
Magnussen Bernard L $1,485,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warrior Padmasree $1,325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $2,050,000 +2.6% $999 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $1,999,000 -- $974 / 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 $29,906 $2,513,010 $1,256,505 $1,256,505
2024 $29,906 $2,463,736 $1,231,868 $1,231,868
2023 $29,467 $2,415,428 $1,207,714 $1,207,714
2022 $29,128 $2,368,068 $1,184,034 $1,184,034
2021 $28,556 $2,321,636 $1,160,818 $1,160,818
2020 $27,967 $2,297,832 $1,148,916 $1,148,916
2019 $27,658 $2,252,778 $1,126,389 $1,126,389
2018 $26,900 $2,208,606 $1,104,303 $1,104,303
2017 $26,429 $2,165,300 $1,082,650 $1,082,650
2016 $25,737 $2,122,844 $1,061,422 $1,061,422
2015 $25,487 $2,090,958 $1,045,479 $1,045,479
2014 $24,972 $2,050,000 $1,025,000 $1,025,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81337296

MLSListings

APN: 120-11-017