NOT LISTED FOR SALE

3702 Heron Way Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $1,694,015 - $2,000,000

3 Beds
3 Baths
1,218 Sq Ft
$1,523/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $1,800,000 $1,478 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,140/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Granite Countertops
  • Fairmeadow Elementary School Rated A+
  • High Ceiling
  • Neighborhood Views

About This Home

As of August 2022

Excellent Palo Alto location featuring a stylish and elegant 3 bedroom, 3 full bathroom townhome in a recently renovated building. GreenPoint rated, eco-friendly home with tankless water heater and roof-mounted solar panels. The home is welcoming with high ceilings, wood and carpet floors and an abundance of natural light. The kitchen is complete with a breakfast bar and stainless steel appliances and is adjacent to the sizable living/dining room combo. The primary suite features a private balcony. Additional features include a stacked washer/dryer, attached 2-car garage with storage, and verdant views. Low HOA. Outstanding location close to Google, Facebook, Apple, near Ramos and Mitchell Park, short drive to The Village at San Antonio Center plus Midtown Shopping Center, University Avenue, and Stanford. Near major commute routes. Top rated schools: Fairmeadow Elem., JLS Middle, Gunn High.

Last Agent to Sell the Property

Raymond Ni

Compass License #02021517 Listed on: 08/13/2022

Compass

Last Buyer's Agent

Juliana Lee

JLEE Realty License #70010194

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,535

Year Built

  • 2008

Lot Details

  • 1,220

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Guest Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,218 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • 1,220 Sq Ft Lot
  • Forced Air Zoned Cooling and Heating System

Community Details

  • Association fees include insurance - common area, insurance - flood, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee
  • 76 Units
  • Vantage Of Palo Alto Association
  • The community has rules related to parking rules
  • Car Wash Area
  • Greenbelt

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,535

Year Built

2008

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Zoning: LMS
  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Age: 14
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 76
  • Structure Sq Ft: 1218
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Microwave
  • Living Sq Ft: 1218
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Guest / Visitor Parking, Off-Street Parking, Tandem Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Vantage of Palo Alto
  • HOA Fees: 380
  • HOA Amenities: Car Wash Area, Garden / Greenbelt / Trails
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Insurance - Flood, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Vantage of Palo Alto

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0280
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1219.68
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1219.68

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Aug 18, 2022
Sold by
Shaibe and Osnat
Bought by
Dai Wei and Dai Yuanping
Seller's Agent
Raymond Ni
Compass
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$1,788,000
Sold Price
$1,800,000
Premium/Discount to List
$12,000
0.67%
Current Estimated Value
$1,854,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,754
Avg. Annual Appreciation
0.61%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 21, 2015
Sold by
Tang Xue Mei
Bought by
Shaibe Benjamin and Shaibe Osnat
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$184,500
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2012
Sold by
Tang Xue Mei
Bought by
Tang Xue Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
3.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2009
Sold by
Dong Dong and Tang Xue Mei
Bought by
Tang Xue Mei

Purchase Details

Closed on
Apr 10, 2008
Sold by
Warmington Palo Alto Associate Lp
Bought by
Dong Dong and Tang Xue Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6%
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
Dai Wei $1,800,000 First American Title
Shaibe Benjamin $1,260,000 Old Republic Title Company
Tang Xue Mei -- Cornerstone Title Company
Tang Xue Mei -- None Available
Dong Dong $896,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaibe Benjamin $936,000
Previous Owner Shaibe Benjamin $184,500
Previous Owner Shaibe Benjamin $819,000
Previous Owner Tang Xue Mei $55,500
Previous Owner Tang Xue Mei $22,500
Previous Owner Tang Xue Mei $625,500
Previous Owner Dong Dong $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $1,800,000 +0.7% $1,478 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $1,788,000 +43.0% $1,468 / Sq Ft
01/08/2016 01/08/16 Sold $1,250,000 0.0% $1,026 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $1,250,000 -- $1,026 / 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 $22,535 $1,872,720 $936,360 $936,360
2024 $22,535 $1,836,000 $918,000 $918,000
2023 $22,203 $1,800,000 $900,000 $900,000
2022 $17,587 $1,405,550 $702,775 $702,775
2021 $17,239 $1,377,992 $688,996 $688,996
2020 $16,890 $1,363,864 $681,932 $681,932
2019 $16,700 $1,337,122 $668,561 $668,561
2018 $16,249 $1,310,904 $655,452 $655,452
2017 $15,963 $1,285,200 $642,600 $642,600
2016 $15,541 $1,260,000 $630,000 $630,000
2015 $12,304 $979,671 $489,835 $489,836
2014 $12,000 $960,481 $480,240 $480,241
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Raymond Ni

    Compass

    Section Image

  • J

    Buyer's Agent in 2022

    Juliana Lee

    JLEE Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81903200

MLSListings

APN: 127-68-059

California Santa Clara County Palo Alto 94303 Palo Verde

3702 Heron Way, Palo Alto, CA

This home is located at 3702 Heron Way, Palo Alto, CA 94303 since 13 August 2022 and is currently estimated at $1,854,754, approximately $1,522 per square foot. This property was built in 2008. 3702 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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