NOT LISTED FOR SALE

Estimated Value: $996,928 - $1,237,000

2 Beds
2 Baths
1,119 Sq Ft
$993/Sq Ft Est. Value

Highlights

  • Subterranean Parking
  • Fireplace
  • Guest Parking
  • Juana Briones Elementary School Rated A+
  • Tile Flooring
  • Dining Room

About This Home

As of August 2020

Bright and cheery 2nd floor unit in the Hamlet, overlooking the tree-lined street. 2 BR 2BA, 1119 sf of generous living space with a fireplace in the living area, in-unit laundry, large patio, one assigned parking space, and storage. Unbeatable south Palo Alto location, walk/bike to shops, cafes, restaurants, schools, parks, and Stanford.

Last Agent to Rent the Property

Lin Storer

Compass License #00939287 Listed on: 07/30/2020

Compass

Last Renter's Agent

Lin Storer

Compass License #00939287 Listed on: 07/30/2020

Compass

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,804

Year Built

  • 1987

Lot Details

  • 1,472

Parking

  • 1 Car Garage
  • Subterranean Parking
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dining Room
  • Electric Cooktop
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1,472 Sq Ft Lot
  • Floor Furnace

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $3,250
  • Property Available on 8/12/20
  • Rent includes trash removal, water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,804

Year Built

1987

Lot Details

0

Parking

1

Rental Info

  • Available: 08/12/2020
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 12
  • Rent Includes: Trash Removal, Water
  • Security Deposit: 3250

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 33
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1119
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Informal Dining Room
  • Kitchen: Cooktop - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1119
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Underground Parking

Utilities

  • Heating System: Floor Furnace

Condo/Co-op/Association

  • Complex Name: The Hemlet
  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0338
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1472.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1472.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2010
Sold by
Nagarajan Ananthanarayanan and Nagarajan Sudha
Bought by
Nagarajan Ananthanarayanan and Nagarajan Sudha
Current Estimated Value
$1,110,982

Purchase Details

Closed on
Feb 9, 2010
Sold by
Wu Mingson
Bought by
Nagarajan Ananthanarayanan and Nagarajan Sudha

Purchase Details

Closed on
Apr 1, 2005
Sold by
Betadpur Prasad N
Bought by
Wu Mingson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Shirazi Kamran
Bought by
Betadpur Prasad N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Interest Rate
7.06%

Purchase Details

Closed on
Jun 4, 1999
Sold by
Jiang Xiao Qin
Bought by
Shirazi Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,800
Interest Rate
5.55%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Fong Victor L and Leong Ben
Bought by
Jiang Xiao Qin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.23%
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
Nagarajan Ananthanarayanan -- First American Title Company
Nagarajan Ananthanarayanan $325,000 First American Title Company
Wu Mingson $486,000 Old Republic Title Company
Betadpur Prasad N $483,000 Chicago Title Co
Shirazi Kamran $289,000 Financial Title Company
Jiang Xiao Qin $265,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Mingson $388,800
Previous Owner Betadpur Prasad N $386,400
Previous Owner Shirazi Kamran $259,800
Previous Owner Jiang Xiao Qin $198,750
Closed Wu Mingson $48,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Rented $2,995 0.0% --
08/21/2020 08/21/20 Under Contract -- -- --
08/12/2020 08/12/20 Price Changed $2,995 -6.4% $3 / Sq Ft
07/30/2020 07/30/20 For Rent $3,200 -- --
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 $5,804 $419,498 $209,749 $209,749
2024 $5,804 $411,274 $205,637 $205,637
2023 $5,716 $403,210 $201,605 $201,605
2022 $5,643 $395,304 $197,652 $197,652
2021 $5,532 $387,554 $193,777 $193,777
2020 $5,433 $383,582 $191,791 $191,791
2019 $5,368 $376,062 $188,031 $188,031
2018 $5,239 $368,690 $184,345 $184,345
2017 $5,146 $361,462 $180,731 $180,731
2016 $5,007 $354,376 $177,188 $177,188
2015 $4,952 $349,054 $174,527 $174,527
2014 $4,768 $342,218 $171,109 $171,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81803476

MLSListings

APN: 132-60-028