NOT LISTED FOR SALE

401 Alder Ln Palo Alto, CA 94306

Charleston Meadows Neighborhood

Estimated Value: $3,184,000 - $3,608,000

3 Beds
2.5 Baths
2,050 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $2,760,000 $1,346 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $21,160/month

7 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Solid Surface Bathroom Countertops
  • Juana Briones Elementary School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of January 2021

Stylish living awaits in this bright, airy 3-bedroom, 2.5 bathroom home, which offers 2,050 square feet of comfortable living space over 2 levels. Rich hardwood floors extend throughout elegant gathering areas, including the dining room, the living room centered by a fireplace, and the granite-appointed kitchen with stainless-steel appliances. Find sanctuary in the master suite with a spa-like en suite bathroom, while the homes two additional bedrooms provide comfort and convenience for the entire family. Additional features include a laundry room, an attached 2-car garage, and a delightful patio for al fresco enjoyment. This wonderful complex features community amenities including a garden, playground, clubhouse, and swimming pool. Plus, enjoy a location close to multiple parks, a short drive to The Village at San Antonio Center, and within easy reach of top-ranked Palo Alto schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 12/02/2020

Last Buyer's Agent

Minhua Jin

Coldwell Banker Realty License #01246488

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $35,331

Year Built

  • 2008

Lot Details

  • 1,407 Sq Ft Lot
  • Grass Covered Lot

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Neighborhood Views
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Community Details

Overview

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, security service
  • 181 Units
  • Arbor Real Homeowners Association

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$35,331

Year Built

2008

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Zoning: C3S
  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Pets - Allowed, Pets - Rules
  • Age: 12
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 181
  • Structure Sq Ft: 2050
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2050
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, Inside, Tub / Sink, Upper Floor, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Attic, Laundry Room, Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Shower Over Tub - 1, Solid Surface, Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Metal
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Pool: Community Facility
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 192
  • HOA Amenities: Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Arbor Real Homeowners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0323
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1408.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1408.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 14, 2020
Sold by
Gong Li and Cho Hwei Cheng
Bought by
Song Han Hee and Chung Kyung
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Minhua Jin
Coldwell Banker Realty
List Price
$1,998,000
Sold Price
$2,760,000
Premium/Discount to List
$762,000
38.14%
Current Estimated Value
$3,409,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,645
Avg. Annual Appreciation
4.53%
Original Mortgage
$2,070,000
Outstanding Balance
$1,842,917
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,566,728

Purchase Details

Closed on
Feb 9, 2009
Sold by
Western Pacific Housing Inc
Bought by
Gong Li and Cho Hwei Cheng
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
Song Han Hee $2,760,000 Chicago Title Company
Gong Li -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Han Hee $2,070,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $2,760,000 +38.1% $1,346 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $1,998,000 -- $975 / 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 $35,331 $2,987,512 $1,493,756 $1,493,756
2024 $35,331 $2,928,934 $1,464,467 $1,464,467
2023 $34,811 $2,871,504 $1,435,752 $1,435,752
2022 $34,409 $2,815,200 $1,407,600 $1,407,600
2021 $18,196 $1,451,418 $725,709 $725,709
2020 $17,828 $1,436,536 $718,268 $718,268
2019 $17,546 $1,408,370 $704,185 $704,185
2018 $17,072 $1,380,756 $690,378 $690,378
2017 $16,771 $1,353,684 $676,842 $676,842
2016 $16,328 $1,327,142 $663,571 $663,571
2015 $16,165 $1,307,208 $653,604 $653,604
2014 $15,799 $1,281,602 $640,801 $640,801
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2021

    Michael Repka

    Deleon Realty

    (650) 488-7325

    10 in this area

    767 Total Sales

    Michael Repka
    Section Image
  • Minhua Jin

    Buyer's Agent in 2021

    Minhua Jin

    Coldwell Banker Realty

    (408) 996-1100

    1 in this area

    84 Total Sales

    Minhua Jin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81821956

MLSListings

APN: 148-42-113

California Santa Clara County Palo Alto 94306 Charleston Meadows

401 Alder Ln, Palo Alto, CA

This home is located at 401 Alder Ln, Palo Alto, CA 94306 since 02 December 2020 and is currently estimated at $3,409,645, approximately $1,663 per square foot. This property was built in 2008. 401 Alder Ln is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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