NOT LISTED FOR SALE

Estimated Value: $787,000 - $1,128,000

1 Bed
1 Bath
693 Sq Ft
723 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $1,100,000 $1,587 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,781/month

3 Days on Market

Highlights

  • Private Pool
  • Eichler Home
  • High Ceiling
  • Fairmeadow Elementary School Rated A+
  • Wood Flooring
  • 3-minute walk to Mitchell Park

About This Home

As of July 2019

Remodeled single-story unit in highly desirable Las Casitas gated complex surrounded by beautifully landscaped grounds, palm trees and pool. Bright, open living space, hardwood floors and exposed-beam vaulted ceilings with an abundance of natural light. Charming private patio, renovated kitchen, quartz counter tops and stainless steel appliances. In-unit washer/dryer, Nest Thermostat and brand new air conditioning unit. Convenient to vibrant neighborhood dining, shopping and amenities including Piazzas Fine Foods, Mitchell Park & Library, Magical Bridge Playground, Cubberly Community Center, walk to top Palo Alto Schools and easy Hwy 101 access to Silicon Valley tech companies.

Last Agent to Sell the Property

Ashkon Jadali

KW Silicon City License #01940242 Listed on: 06/20/2019

KW Silicon City

Last Buyer's Agent

Lisa Dippel

Intero Real Estate Services License #01035286

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,168

Year Built

  • Built in 1961

Lot Details

  • 723

Home Design

  • Eichler Home
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • No Garage
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Private Pool
  • Fence Around Pool

Additional Features

  • Balcony
  • Back Yard Fenced
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-42-009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, landscaping / gardening, pool spa or tennis
  • Las Casitas Condo Owners Association
  • Built by Las Casitas

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,168

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Eichler
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 693
  • Complex Name: Las Casitas
  • Year Built: 1961
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 693
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - Fenced
  • Roof: Tar and Gravel
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Fencing: Fenced Back

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Guest / Visitor Parking, No Garage, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 422
  • HOA Documents: CC&RS
  • Association Fees Include: Common Area Electricity, Exterior Painting, Landscaping / Gardening, Pool, Spa, or Tennis
  • H O A Name Text: Las Casitas Condo Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-42-009
  • Lot Acres: 0.0166
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 724.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 724.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2020
Sold by
Werbrouck Paolo and Lamanda Roberta
Bought by
Werbrouck Paolo and Lamanda Roberta
Current Estimated Value
$911,133

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 9, 2019
Sold by
Ortiz Elizabeth
Bought by
Werbrouck Paolo and Lamanda Roberta
Seller's Agent
Ashkon Jadali
KW Silicon City
Buyer's Agent
Lisa Dippel
Intero Real Estate Services
List Price
$879,000
Sold Price
$1,100,000
Premium/Discount to List
$221,000
25.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$770,000
Outstanding Balance
$674,589
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$236,544

Purchase Details

Closed on
Jul 14, 2006
Sold by
Ortiz Juan
Bought by
Ortiz Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 5, 2006
Sold by
Ortiz Juan
Bought by
Ortiz Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2005
Sold by
Howell Margaret A
Bought by
Salas Gloria Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 12, 2005
Sold by
Salas Henry
Bought by
Salas Gloria Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Werbrouck Paolo -- None Available
Werbrouck Paolo $1,100,000 First American Title Company
Ortiz Elizabeth -- Old Republic Title Company
Ortiz Elizabeth -- Chicago Title Company
Ortiz Elizabeth $375,000 Chicago Title Company
Salas Gloria Marina $326,500 Old Republic Title Company
Salas Gloria Marina -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werbrouck Paolo $770,000
Previous Owner Ortiz Elizabeth $368,000
Previous Owner Ortiz Elizabeth $272,000
Previous Owner Salas Gloria Marina $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $1,100,000 +25.1% $1,587 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $879,000 -- $1,268 / 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 $11,168 $820,000 $410,000 $410,000
2024 $11,168 $875,000 $437,500 $437,500
2023 $11,261 $880,000 $440,000 $440,000
2022 $13,125 $1,030,800 $515,400 $515,400
2021 $12,446 $975,300 $487,600 $487,700
2020 $12,713 $1,009,000 $504,500 $504,500
2019 $5,849 $416,510 $183,753 $232,757
2018 $5,706 $408,344 $180,150 $228,194
2017 $5,605 $400,338 $176,618 $223,720
2016 $5,453 $392,489 $173,155 $219,334
2015 $5,395 $386,595 $170,555 $216,040
2014 $5,203 $379,024 $167,215 $211,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81757353

MLSListings

APN: 127-42-009