NOT LISTED FOR SALE

Estimated Value: $3,233,229 - $3,682,000

4 Beds
3.5 Baths
2,112 Sq Ft
$1,630/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $2,400,000 $1,136 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $20,784/month

15 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Wood Flooring
  • Santa Rita Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • 3-minute walk to Monroe Park

About This Home

As of December 2018

Built in 2014 by Classic Communities this gorgeous and rarely offered free-standing townhome is an excellent opportunity for homeownership in Palo Alto. Featuring high ceilings, abundant of natural light, deluxe window coverings and engineered wood flooring throughout. The spacious tri-level floor plan includes two master suites: one located on ground floor and the second on upper level with a vaulted ceiling, walk-in closet, and private balcony. The inviting second floor of the home is perfect for entertaining with an open concept kitchen, dining area, and family room. Conveniently located near the Mountain View/Los Altos border, this home is minutes away from the shops and restaurants in the San Antonio Center, public transportation, off-street bike path, and Stanford University. Outstanding Los Altos Schools: Santa Rita Elementary, Egan Middle School, and Los Altos High School (buyer to verify)

Last Agent to Sell the Property

Ray Hogue

Compass License #01980343 Listed on: 10/04/2018

Compass

Co-Listed By

Stacey Woods

Compass License #02002137

Last Buyer's Agent

Jane Wei

Compass License #01994669

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $30,906

Year Built

  • Built in 2014

Lot Details

  • 1,581 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $184 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

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

Interior Spaces

  • 2,112 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Family or Dining Combination

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 148-09-031

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, reserves
  • 26 Units
  • Monroe Place Owners Association
  • Built by Monroe Place
  • Greenbelt

Amenities

  • Community Barbecue Grill

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$30,906

Year Built

Built in 2014

Lot Details

0

HOA Fees

$184 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 26
  • Structure Sq Ft: 2112
  • Complex Name: Monroe Place
  • Year Built: 2014
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Nook, Dining Area in Family Room
  • Kitchen: Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2112
  • Stories: 3
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Sunken Tub, Shower and Tub, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal
  • Yard/Grounds: Balcony / Patio, Fenced
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 184
  • HOA Amenities: BBQ Area, Garden / Greenbelt / Trails
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Reserves
  • H O A Name Text: Monroe Place Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 265

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 148-09-031
  • Lot Acres: 0.0363
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1580.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1580.00

Green Features

  • Energy Features: Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Koo Ricky Shung Yen and Lee Angela Jachi
Bought by
Koo Ricky Shung Yen and Lee Angela Jachi
Current Estimated Value
$3,443,557

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 5, 2018
Sold by
Ferguson Dennis and Akit Gloria
Bought by
Yen Koo Ricky Shung and Lee Angela Jachl
Seller's Agent
Ray Hogue
Compass
Buyer's Agent
Jane Wei
Compass
List Price
$2,498,000
Sold Price
$2,400,000
Premium/Discount to List
-$98,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,440,000
Outstanding Balance
$1,268,671
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$2,174,886

Purchase Details

Closed on
Jan 10, 2014
Sold by
Monroe Place Lp
Bought by
Ferguson Dennis and Akit Gloria
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
Koo Ricky Shung Yen -- None Available
Yen Koo Ricky Shung $2,400,000 First American Title Co
Ferguson Dennis -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yen Koo Ricky Shung $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $2,400,000 -3.9% $1,136 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $2,498,000 -- $1,183 / 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 $30,906 $2,677,240 $1,338,620 $1,338,620
2024 $30,906 $2,624,746 $1,312,373 $1,312,373
2023 $30,425 $2,573,282 $1,286,641 $1,286,641
2022 $30,088 $2,522,826 $1,261,413 $1,261,413
2021 $30,261 $2,473,360 $1,236,680 $1,236,680
2020 $30,478 $2,448,000 $1,224,000 $1,224,000
2019 $29,009 $2,400,000 $1,200,000 $1,200,000
2018 $23,181 $1,885,286 $942,643 $942,643
2017 $22,309 $1,848,320 $924,160 $924,160
2016 $21,745 $1,812,080 $906,040 $906,040
2015 $21,454 $1,784,862 $892,431 $892,431
2014 $9,234 $718,644 $363,744 $354,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81726314

MLSListings

APN: 148-09-031