NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,421,000

2 Beds
2 Baths
1,238 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $1,520,000 $1,228 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,561/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Bathtub with Shower
  • Fairmeadow Elementary School Rated A+
  • Beamed Ceilings
  • 4-minute walk to Mitchell Park

About This Home

As of December 2017

Welcome to this spacious & bright mid-century modern TH with vaulted, open beam ceilings. Largest 2B floor plan w/ private attached covered parking. Surrounded by charming patio, palm trees and feels like a single family home! Open floor plan w/ hardwood floors, remodeled baths, floor-to-ceiling picture windows & inside laundry. Living room features wood burning fireplace w/ brick mantel & sliding glass doors to private patio. Master suite includes spacious closet area, a full bathroom w/ granite counters & a new walk-in shower. Hall bath w/ shower/tub combo. Recently refinished hw floors & freshly painted. Move in ready. One level with courtyard entry & separate direct entry from attached pkg. Sough-after Las Casitas gated community surrounded by beautiful yards, trees and a pool. Commuter friendly: easy access to 101, Google etc. High walk score, close to Cubberley Community Center, Piazzas, Peets, the JCC, Challenger School, shops, restaurants & more. Excellent Palo Alto Schools.

Last Agent to Sell the Property

Mar Andres Keehn

Coldwell Banker Realty License #01771753 Listed on: 11/09/2017

Coldwell Banker Realty

Last Buyer's Agent

Minhua Jin

Coldwell Banker Realty License #01246488

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,002

Year Built

  • Built in 1961

Lot Details

  • 749 Sq Ft Lot
  • Security Fence

Home Design

  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-42-026

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, fencing, garbage, insurance - common area, insurance - earthquake, insurance - liability, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • 35 Units
  • Las Casitas. Cornerstone Community Mgmt Association
  • Built by Las Casitas

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,002

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Allowed
  • Age: 56
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 35
  • Structure Sq Ft: 1238
  • Complex Name: Las Casitas
  • Year Built: 1961
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Oven - Electric
  • Living Sq Ft: 1238
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Dryer, Electricity Hookup (220V), Inside, Washer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Stall Shower, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Foam
  • Fencing: Fenced

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Guest / Visitor Parking, Unassigned Spaces
  • Carport Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 602
  • Association Fees Include: Common Area Electricity, Common Area Gas, Fencing, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Las Casitas. Cornerstone Community Mgmt
  • H O A Exist: Yes

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

  • Parcel Number: 127-42-026
  • Lot Acres: 0.0172
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow 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

Listed on
Nov 9, 2017
Closed on
Nov 30, 2017
Sold by
Envid Lazaro Ines Clara and Palacios Luis Gomez
Bought by
Li Siming and Wang Yida
Seller's Agent
Mar Andres Keehn
Coldwell Banker Realty
Buyer's Agent
Minhua Jin
Coldwell Banker Realty
List Price
$1,085,000
Sold Price
$1,520,000
Premium/Discount to List
$435,000
40.09%
Current Estimated Value
$1,326,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,340
Avg. Annual Appreciation
-1.72%
Original Mortgage
$1,136,000
Outstanding Balance
$935,383
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$391,277

Purchase Details

Closed on
Jun 29, 2013
Sold by
Lazaro Ines Clara Envid and Envid Ines C
Bought by
Lazaro Ines Clara Envid and Palacios Luis Gomez

Purchase Details

Closed on
Jul 3, 2012
Sold by
Envid Ines C and Palacios Luis Gomez
Bought by
Envid Ines C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Blaskower Melanie
Bought by
Envid Ines C and Palacios Luis Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Li Siming $1,520,000 Old Republic Title Co
Lazaro Ines Clara Envid -- None Available
Envid Ines C -- First American Title Company
Envid Ines C $554,750 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Siming $1,136,000
Previous Owner Envid Ines C $437,000
Previous Owner Envid Ines C $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $1,520,000 +40.1% $1,228 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $1,085,000 -- $876 / 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 $18,002 $1,305,000 $652,500 $652,500
2024 $18,002 $1,450,000 $725,000 $725,000
2023 $17,481 $1,662,338 $831,169 $831,169
2022 $20,339 $1,629,744 $814,872 $814,872
2021 $19,939 $1,597,790 $798,895 $798,895
2020 $19,533 $1,581,408 $790,704 $790,704
2019 $19,316 $1,550,400 $775,200 $775,200
2018 $18,793 $1,520,000 $760,000 $760,000
2017 $8,028 $612,664 $306,332 $306,332
2016 $7,812 $600,652 $300,326 $300,326
2015 $7,730 $591,630 $295,815 $295,815
2014 $7,499 $580,042 $290,021 $290,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684334

MLSListings

APN: 127-42-026