NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $1,701,000

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

Last Sold August 25, 2016

Last sale price $1,200,000 $1,062 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,690/month

15 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Detached Garage
  • Tile Flooring
  • Palo Verde Elementary School Rated A+
  • Tandem Parking
  • Guest Parking

About This Home

As of August 2016

This 8 year old beautiful Palo Alto condo has 2 bed 2.5 bath. 10 ft ceilings. Gourmet kitchen with granite countertop & stainless steel appliances. Recessed lightings in kitchen/living/dining rooms & hallways. Marble countertops in bathrooms. Water saving plumbing system. Tiled bathroom floors & patio. Home security system. 2 car tandem garage with storage.

Last Agent to Sell the Property

Tommy Tse

Tommy Tse, Broker License #01448606 Listed on: 07/13/2016

Last Buyer's Agent

Max Bouchard

Elite Realty Services License #01335427

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,008

Year Built

  • Built in 2008

Lot Details

  • 2,134

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Guest Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Alarm System
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 127-70-009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, management fee, reserves
  • Echelon Community Association
  • Built by ECHELON

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,008

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 8
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Complex Name: ECHELON
  • Year Built: 2008
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves
  • H O A Name Text: ECHELON COMMUNITY ASSOCIATION
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-70-009
  • Lot Acres: 0.0490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2153.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2153.00

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
Jul 13, 2016
Closed on
Aug 18, 2016
Sold by
Chi Dung and Liu Lilli
Bought by
Tory Melanie Karla and Swindells Colin
Seller's Agent
Tommy Tse
Tommy Tse, Broker
Buyer's Agent
Max Bouchard
Elite Realty Services
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,518,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,329
Avg. Annual Appreciation
2.93%
Original Mortgage
$960,000
Outstanding Balance
$774,599
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$781,070

Purchase Details

Closed on
Dec 16, 2010
Sold by
Chi Dung Huy and Liu Lili
Bought by
Chi Dung and Liu Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2008
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Chi Dung Huy and Liu Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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
Tory Melanie Karla $1,200,000 Old Republic Title Company
Chi Dung -- Old Republic Title Company
Chi Dung Huy -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tory Melanie Karla $960,000
Previous Owner Chi Dung $502,000
Previous Owner Chi Dung $505,000
Previous Owner Chi Dung $512,000
Previous Owner Chi Dung $514,500
Previous Owner Chi Dung Huy $525,000
Previous Owner Chi Dung Huy $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $1,200,000 +0.1% $1,062 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $1,199,000 -- $1,061 / 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 $17,008 $1,392,696 $696,348 $696,348
2024 $17,008 $1,365,390 $682,695 $682,695
2023 $16,757 $1,338,618 $669,309 $669,309
2022 $16,477 $1,312,372 $656,186 $656,186
2021 $16,152 $1,286,640 $643,320 $643,320
2020 $15,826 $1,273,448 $636,724 $636,724
2019 $15,647 $1,248,480 $624,240 $624,240
2018 $15,226 $1,224,000 $612,000 $612,000
2017 $14,958 $1,200,000 $600,000 $600,000
2016 $10,322 $814,778 $407,389 $407,389
2015 $10,216 $802,540 $401,270 $401,270
2014 $9,945 $786,820 $393,410 $393,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595045

MLSListings

APN: 127-70-009