NOT LISTED FOR SALE

Estimated Value: $1,682,000 - $2,102,000

3 Beds
3 Baths
1,300 Sq Ft
$1,404/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $1,320,000 $1,015 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,793/month

9 Days on Market

Highlights

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

About This Home

As of December 2014

Stunning 3BR/3BA townhome.Prime location in Echelon Complex.Inviting covered patio & balcony.Open floor plan w/high ceilings & abundant natural light.Living/Dining Combo.Chef's kitchen w/Caesar stone counter top/breakfast bar.Master suite w/walk in closet & double sinks.Custom blinds, wooden shutters & built in shelving.Easy access to Bayland trails,parks,library,Oshman fitness center,PA schools.

Last Agent to Sell the Property

Carol Lin

Compass License #01165729 Listed on: 10/29/2014

Last Buyer's Agent

Betsy Dwyer

Compass License #01139555

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,157

Year Built

  • Built in 2009

Lot Details

  • End Unit

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Parking

  • Tandem Parking
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-70-054

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 - common area
  • 75 Units
  • Compass Management Association
  • Built by Echelon
  • 8-Story Property

Recreation

  • Community Playground

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,157

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 5
  • Sale Price Per Sq Ft: 1015.38
  • 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: 1300
  • Builder Architect: Summerhill
  • Complex Name: Echelon
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: F
  • Thomas Bros Page: 791
  • Thomas Brothers: F7
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Stories: Below Ground Level
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1300
  • Stories: 8
  • Security: Security Alarm - Owned, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, Stall Shower

Exterior Features

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

Garage/Parking

  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Tandem Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 270
  • HOA Amenities: Playground
  • 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 - Common Area
  • 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, Balcony/Patio

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: 127-70-054
  • Lot Location: Corner
  • List Price per Sq Ft: 907.69
  • 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: Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

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

Closed on
Dec 22, 2019
Sold by
Srinivasan Anand and Kalyanaraman Rajalakshmi
Bought by
Srinivasan Anand and Kalyanaraman Rajalakshmi
Total Days on Market
9
Current Estimated Value
$1,825,138

Purchase Details

Listed on
Oct 29, 2014
Closed on
Nov 14, 2014
Sold by
Lin Eleanor H and Sperry James D
Bought by
Kalyanaraman Rajalakshmi and Srinivasan Anand
Seller's Agent
Carol Lin
Compass
Buyer's Agent
Betsy Dwyer
Compass
List Price
$1,180,000
Sold Price
$1,320,000
Premium/Discount to List
$140,000
11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$835,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2008
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Lin Eleanor H and Sperry James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Srinivasan Anand -- None Available
Kalyanaraman Rajalakshmi $1,319,750 Chicago Title Company
Lin Eleanor H -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Anand $593,100
Closed Kalyanaraman Rajalakshmi $247,700
Closed Kalyanaraman Rajalakshmi $835,000
Previous Owner Lin Eleanor H $417,000
Previous Owner Lin Eleanor H $157,500
Previous Owner Lin Eleanor H $715,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $1,320,000 +11.9% $1,015 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $1,180,000 -- $908 / 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
2024 $19,157 $1,555,330 $777,665 $777,665
2023 $18,872 $1,524,834 $762,417 $762,417
2022 $18,651 $1,494,936 $747,468 $747,468
2021 $18,283 $1,465,624 $732,812 $732,812
2020 $17,911 $1,450,596 $725,298 $725,298
2019 $17,710 $1,422,154 $711,077 $711,077
2018 $17,231 $1,394,270 $697,135 $697,135
2017 $16,927 $1,366,932 $683,466 $683,466
2016 $16,480 $1,340,130 $670,065 $670,065
2015 $16,316 $1,320,000 $660,000 $660,000
2014 $11,809 $944,392 $472,196 $472,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81438700

MLSListings

APN: 127-70-054