NOT LISTED FOR SALE

Estimated Value: $1,837,000 - $2,513,000

3 Beds
2.5 Baths
1,605 Sq Ft
915 Sq Ft Lot

Last Sold December 03, 2019

Last sale price $2,020,000 $1,259 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,141/month

5 Days on Market

Highlights

  • Solar Power System
  • Granite Countertops
  • Balcony
  • Fairmeadow Elementary School Rated A+
  • Formal Dining Room
  • Open to Family Room

About This Home

As of December 2019

Welcome home to this gorgeous Palo Alto move-in ready end-unit townhouse. This split level townhouse is located in the best location - the center of the community. This 3B 2.5B, 1,605 SqFt of living area, side by side 2 car garage, huge storage area by garage. Living room has high ceilings and an abundance of natural sunlight beaming through the picture windows. Kitchen includes granite countertops with Bosch SS appliances. Light color hardwood floors flow throughout the home creating a bright and an inviting space. The oversized master bedroom is staged with eastern-king bed, it has big picture windows, a private patio, and a walk-in closet. Master bath offers the convenience of having a separate shower and tub, and double sink. Easy access to HWY 101, 85 and only 2 miles to Google main campus. Award winning PA schools: Fairmeadow Elementary, Stanford middle both in walking distance and a short drive to GunnHigh. Solar panel generates more electricity than sellers can consume!

Last Agent to Sell the Property

Jessie Li

Intero Real Estate Services License #01485877 Listed on: 10/24/2019

Intero Real Estate Services

Last Buyer's Agent

Summer Zhao

Maxreal License #02038824

Maxreal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,326

Year Built

  • 2007

Lot Details

  • 915

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,605 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Solar Power System
  • Balcony
  • Forced Air Zoned Cooling and Heating System

Community Details

Overview

  • Association fees include common area gas, insurance - common area, roof
  • Compass Management Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,326

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Zoning: LMS
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 1605
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1605
  • Stories: 2
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower And Tub, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

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: 330
  • Association Fees Include: Common Area Gas, Insurance - Common Area, Roof
  • HOA Exist: Yes
  • H O A Name Text: Compass Management

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

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 Acres: 0.0210
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 915.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 915.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Nov 19, 2019
Sold by
Mi Zheng and Yao Vivian
Bought by
Bai Libin and Meng Lei
Seller's Agent
Jessie Li
Intero Real Estate Services
Buyer's Agent
Summer Zhao
Maxreal
List Price
$1,990,000
Sold Price
$2,020,000
Premium/Discount to List
$30,000
1.51%
Current Estimated Value
$1,982,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,926
Avg. Annual Appreciation
0.06%
Original Mortgage
$1,020,000
Outstanding Balance
$878,056
Interest Rate
2.12%
Estimated Equity
$1,148,923

Purchase Details

Closed on
Nov 14, 2018
Sold by
Zheng Mi and Yao Vivian
Bought by
Zheng Mi and Yao Vivian

Purchase Details

Closed on
Mar 8, 2013
Sold by
Yao Vivian
Bought by
Mi Zheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 5, 2013
Sold by
Ding Richard and Chiu Li Wen
Bought by
Mi Zheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2011
Sold by
Ding Richard and Chiu Li Wen
Bought by
Ding Richard and Chiu Li Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Ding Richard and Chiu Li Wen
Bought by
Ding Richard and Chiu Li Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2010
Sold by
Ding Richard and Chiu Li Wen
Bought by
Ding Richard and Chiu Li Wen

Purchase Details

Closed on
Mar 10, 2008
Sold by
Warmington Palo Alto Associate Lp
Bought by
Ding Richard and Chiu Li Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Pgsp Inc
Bought by
Warmington Palo Alto Associates Lp
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
Bai Libin $2,020,000 Fidelity National Title Co
Zheng Mi -- None Available
Zheng Mi -- None Available
Mi Zheng -- Chicago Title Company
Mi Zheng $1,199,750 Chicago Title Company
Ding Richard -- None Available
Ding Richard -- Placer Title Company
Ding Richard -- Accommodation
Ding Richard -- None Available
Ding Richard -- None Available
Ding Richard $1,104,000 Chicago Title Company
Warmington Palo Alto Associates Lp -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bai Libin $1,020,000
Previous Owner Mi Zheng $882,014
Previous Owner Mi Zheng $960,000
Previous Owner Mi Zheng $960,000
Previous Owner Ding Richard $500,000
Previous Owner Ding Richard $205,000
Previous Owner Ding Richard $360,000
Previous Owner Ding Richard $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $2,020,000 +1.5% $1,259 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $1,990,000 -- $1,240 / 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 $26,326 $2,165,844 $1,082,922 $1,082,922
2023 $25,938 $2,123,378 $1,061,689 $1,061,689
2022 $25,636 $2,081,744 $1,040,872 $1,040,872
2021 $24,644 $2,040,926 $1,020,463 $1,020,463
2020 $24,614 $2,020,000 $1,010,000 $1,010,000
2019 $16,635 $1,324,684 $662,342 $662,342
2018 $16,106 $1,298,710 $649,355 $649,355
2017 $15,822 $1,273,246 $636,623 $636,623
2016 $15,404 $1,248,282 $624,141 $624,141
2015 $15,250 $1,229,532 $614,766 $614,766
2014 $14,898 $1,205,448 $602,724 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81773516

MLSListings

APN: 127-68-035