NOT LISTED FOR SALE

3701 Heron Way Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $1,804,000 - $2,014,000

3 Beds
3 Baths
1,326 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,800,000 $1,357 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,602/month

Highlights

  • Solar Power System
  • Deck
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of March 2021

Light-filled contemporary 3 bed/3 bath townhome with green build standards. Corner unit features gorgeous bamboo floor throughout 2 levels, large private patio, 2 car garage. Views of the hills from the big tall picture windows. Green features include solar system, tankless water heater, AC heat pump, lighting controls, dual flush toilet, and more! Alarm system ready. Beautiful window coverings. Car wash area in complex. Award winning Palo Alto schools: Fairmeadow Elementary, JLS Middle & Gunn High. Walk to schools and park. Easy access to shops, Bayland Nature Preserve. Bike to hi-tech campuses. Termite section 1 clearance.

Last Agent to Sell the Property

Peter Nguyen

MD Investment License #01193623 Listed on: 02/18/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,406

Year Built

  • 2008

Lot Details

  • 727 Sq Ft Lot
  • End Unit
  • Level Lot

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1,326 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Storage Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Home Security

Eco-Friendly Details

  • Green Features
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, landscaping / gardening, maintenance - common area, management fee
  • Vantage Homeowner Association

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,406

Year Built

2008

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Zoning: LMS
  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 1326
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Dining Bar, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1326
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (220V), Gas Hookup, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Granite, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street, Tandem Parking, Unassigned Spaces

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Electric, Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 380
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Vantage Homeowner Association

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0167
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 727.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 727.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Green Features, Solar Power, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Solar Panels - Owned
  • Unit Features: Corner Unit, End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 11, 2021
Sold by
Yuh Junhan
Bought by
Cai Yuannan and Zhou Li
Seller's Agent
Peter Nguyen
MD Investment
List Price
$1,699,000
Sold Price
$1,800,000
Premium/Discount to List
$101,000
5.94%
Current Estimated Value
$1,899,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,745
Avg. Annual Appreciation
1.23%
Original Mortgage
$1,440,000
Outstanding Balance
$1,283,888
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$617,589

Purchase Details

Closed on
Apr 29, 2011
Sold by
Rhoe Seiyeon
Bought by
Yuh Junhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Klumpp Klaus
Bought by
Yuh Junhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2009
Sold by
Klumpp Klaus
Bought by
Klumpp Klaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Warmington Palo Alto Associate Lp
Bought by
Klumpp Klaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,273
Interest Rate
5.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 20, 2008
Sold by
Klumpp Beate
Bought by
Klumpp Klaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.37%
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
Cai Yuannan $1,800,000 Old Republic Title Company
Yuh Junhan -- Stewart Title Of California
Yuh Junhan $849,000 Stewart Title Guaranty Co
Klumpp Klaus -- Fidelity National Title Co
Klumpp Klaus $938,500 Chicago Title Co
Klumpp Klaus -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Yuannan $1,440,000
Previous Owner Yuh Junhan $390,000
Previous Owner Yuh Junhan $399,000
Previous Owner Yuh Junhan $399,000
Previous Owner Klumpp Klaus $660,000
Previous Owner Klumpp Klaus $399,273
Previous Owner Klumpp Klaus $399,273
Previous Owner Klumpp Klaus $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $1,800,000 +5.9% $1,357 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,699,000 -- $1,281 / 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 $23,406 $1,948,376 $974,188 $974,188
2024 $23,406 $1,910,174 $955,087 $955,087
2023 $23,061 $1,872,720 $936,360 $936,360
2022 $22,794 $1,836,000 $918,000 $918,000
2021 $12,881 $1,004,877 $703,415 $301,462
2020 $12,625 $994,574 $696,203 $298,371
2019 $12,483 $975,073 $682,552 $292,521
2018 $12,153 $955,955 $669,169 $286,786
2017 $11,939 $937,212 $656,049 $281,163
2016 $11,623 $918,836 $643,186 $275,650
2015 $11,506 $905,035 $633,525 $271,510
2014 $11,216 $887,308 $621,116 $266,192
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Nguyen

    MD Investment

See All Agents

Map

Source: MLSListings

MLS Number: ML81830283

MLSListings

APN: 127-68-057

California Santa Clara County Palo Alto 94303 Palo Verde

3701 Heron Way, Palo Alto, CA

This home is located at 3701 Heron Way, Palo Alto, CA 94303 since 18 February 2021 and is currently estimated at $1,899,745, approximately $1,432 per square foot. This property was built in 2008. 3701 Heron Way is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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