$1,800,000
SOLD MAY 11, 2018
2 Beds
2.5 Baths
1,130 Sq Ft
579 Sq Ft Lot

Recently Sold

$1,593 Per Sq Ft

38% Above List Price

2 Days on Market

Highlights

  • High Ceiling
  • Balcony
  • Tandem Parking
  • Palo Verde Elementary School Rated A+
  • Open to Family Room
  • Walk-In Closet

About This Home

As of May 2018

Enter this delightful 2-bedroom, 2.5 bath townhouse and you will be greeted by a spacious and welcoming living room. This well-maintained unit is in the corner of the building, away from through streets, providing an added sense of privacy. It has been upgraded with fresh paint and a lovely new carpet. Step out to a shaded balcony on sunny days or open the double-pane doors for a nice breeze. Your children will be entitled to attend the highly acclaimed Palo Alto School District. This nicely landscaped complex is positioned in a highly convenient location: walk to Mitchell Park Library or Charleston Center, bike to Midtown and Google Campus or only a short drive to downtown Palo Alto and Fackbook. There is easy access to the 101 freeway.

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 04/19/2018

Keller Williams Palo Alto

Last Buyer's Agent

Irene Suh

Elim Investment Company License #01490635

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,030

Year Built

  • Built in 2009

Parking

  • 2 Car Garage
  • Tandem Parking
  • Secured Garage or Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dining Area
  • Alarm System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Private Sewer

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Balcony
  • 579 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 127-70-059

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, insurance - common area, maintenance - common area, maintenance - exterior, maintenance - road, maintenance - unit yard, management fee, roof, security service
  • Compass Community Association
  • Built by Echelon of Palo Alto

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,030

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Number Restrictions
  • Age: 9
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Complex Name: Echelon of Palo Alto
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Gas, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Tandem Parking

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Private

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 300
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Maintenance - Unit Yard, Management Fee, Roof, Security Service
  • H O A Name Text: Compass Community
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-70-059
  • Lot Acres: 0.0133
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 578.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 578.00

Green Features

  • Energy Features: Energy Star Appliances, Energy Star Lighting, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Apr 30, 2018
Sold by
Jame Cyrous and Haghpanah Michelle Mehri
Bought by
Kim Kwan Woo and Ha Yejee
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Irene Suh
Elim Investment Company
List Price
$1,300,000
Sold Price
$1,800,000
Premium/Discount to List
$500,000
38.46%
Current Estimated Value
$1,672,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,235
Avg. Annual Appreciation
-1.78%
Original Mortgage
$900,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jun 27, 2013
Sold by
Kamath Haresh and Kamath Divya
Bought by
Jame Cyrous and Haghpanah Michelle Mehri
Seller's Agent
Matt Skrabo
Deleon Realty
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$888,000
Sold Price
$940,000
Premium/Discount to List
$52,000
5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$750,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Kamath Haresh and Kamath Divya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,062
Interest Rate
4.82%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,800,000 Old Republic Title Co
Grant Deed $940,000 Chicago Title Company
Grant Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Open $797,200 New Conventional
Closed $884,000 Adjustable Rate Mortgage/ARM
Closed $892,000 Adjustable Rate Mortgage/ARM
Closed $900,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $555,000 New Conventional
Previous Owner $585,062 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Rented $3,950 0.0% --
08/17/2023 08/17/23 Price Changed $3,950 -7.1% $3 / Sq Ft
08/07/2023 08/07/23 Price Changed $4,250 -4.2% $4 / Sq Ft
07/27/2023 07/27/23 Price Changed $4,435 -5.6% $4 / Sq Ft
07/21/2023 07/21/23 For Rent $4,700 0.0% --
05/11/2018 05/11/18 Sold $1,800,000 +38.5% $1,593 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $1,300,000 +38.3% $1,150 / Sq Ft
07/18/2013 07/18/13 Sold $940,000 +5.9% $832 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $888,000 -- $786 / 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 $22,030 $1,800,000 $900,000 $900,000
2023 $22,711 $1,850,000 $925,000 $925,000
2022 $21,866 $1,765,000 $882,500 $882,500
2021 $21,430 $1,892,120 $946,060 $946,060
2020 $22,881 $1,872,720 $936,360 $936,360
2019 $21,604 $1,836,000 $918,000 $918,000
2018 $12,739 $1,012,724 $506,362 $506,362
2017 $12,514 $992,868 $496,434 $496,434
2016 $12,181 $973,400 $486,700 $486,700
2015 $12,058 $958,780 $479,390 $479,390
2014 $11,757 $940,000 $470,000 $470,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81700711

MLSListings

APN: 127-70-059