NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $1,779,000

2 Beds
2.5 Baths
1,130 Sq Ft
2,134 Sq Ft Lot

Last Sold October 04, 2012

Last sale price $820,000 $726 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $9,123/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • End Unit
  • Palo Verde Elementary School Rated A+
  • Attic
  • High Ceiling

About This Home

As of October 2012

This STUNNING 3 yr new END UNIT condo shows like a single family home. Open, bright, high ceilings & loads of upgrades. Chef's kitchen: granite+maple cabinets, GE SS appl, 2 master suites, main flr 1/2 bath, inside laundry, AC/DP/HDMI/CAT5, attached 2-car garage, low HOA, Andersen French doors to private balcony. PaloVerde ES(API 967),JLS(API 927),GunnHS(API 909).Garden/BBQ/KidsPlay/CarWash Areas

Last Agent to Sell the Property

Dorothy Liu Liu

Compass License #01777158 Listed on: 08/22/2012

Last Buyer's Agent

Fu-Mei Liang

Cal Global Realty License #00980746

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 2009

Lot Details

  • 2,134

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Combination Dining and Living Room
  • Storage Room
  • Neighborhood Views
  • Security System Owned
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • Cable TV Available

Additional Features

  • Air Purifier
  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 127-70-053

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, common area electricity, common area gas, exterior painting, insurance - liability
  • 75 Units
  • Compass Management Association
  • Built by Echelon
  • Car Wash Area

Recreation

  • Community Playground

Additional Features

  • Community Barbecue Grill
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,600

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 3
  • Sale Price Per Sq Ft: 725.66
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 100
  • Max Numberof Unitsin Complex: 75
  • Min Numberof Unitsin Complex: 75
  • Structure Sq Ft: 1130
  • Builder Architect: SummerHill Homes
  • Complex Name: Echelon
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1130
  • Security: Security Alarm - Owned, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Additional Rooms: Attic, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 260
  • HOA Amenities: Car Wash Area, Playground, BBQ Area
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Liability
  • H O A Name Text: Compass Management
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Air Purifier, Balcony/Patio, Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-70-053
  • Lot Location: Corner
  • List Price per Sq Ft: 695.58
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2153.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2153.00
  • Lot Size Area Min Search: 2153.00
  • Maximum Lot Size: 2153.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Energy Star Appliances, Weather Stripped Door(s), Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, Ground Floor

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2012
Closed on
Sep 25, 2012
Sold by
Cheung Willy and Yuan Amy
Bought by
Lee Calvin Chihan
Seller's Agent
Dorothy Liu Liu
Compass
Buyer's Agent
Fu-Mei Liang
Cal Global Realty
List Price
$786,000
Sold Price
$820,000
Premium/Discount to List
$34,000
4.33%
Current Estimated Value
$1,515,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,361
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Dec 14, 2010
Sold by
Cheung Willy and Yuan Amy
Bought by
Cheung Willy and Yuan Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Cheung Will and Yuan Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Calvin Chihan $820,000 Old Republic Title Company
Cheung Willy -- First American Title Company
Cheung Will -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Calvin Chihan $413,954
Closed Lee Calvin Chihan $413,954
Closed Lee Calvin Chihan $492,000
Previous Owner Cheung Willy $511,000
Previous Owner Cheung Will $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2012 10/04/12 Sold $820,000 +4.3% $726 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/22/2012 08/22/12 For Sale $786,000 -- $696 / 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 $12,600 $1,009,756 $504,878 $504,878
2024 $12,600 $989,958 $494,979 $494,979
2023 $12,412 $970,548 $485,274 $485,274
2022 $12,264 $951,518 $475,759 $475,759
2021 $12,023 $932,862 $466,431 $466,431
2020 $11,786 $923,298 $461,649 $461,649
2019 $11,653 $905,196 $452,598 $452,598
2018 $11,264 $887,448 $443,724 $443,724
2017 $11,065 $870,048 $435,024 $435,024
2016 $10,770 $852,990 $426,495 $426,495
2015 $10,660 $840,178 $420,089 $420,089
2014 $10,382 $823,722 $411,861 $411,861
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81231331

MLSListings

APN: 127-70-053