NOT LISTED FOR SALE

Estimated Value: $1,103,197 - $1,325,000

2 Beds
2 Baths
1,119 Sq Ft
$656/mo HOA Fee

Last Sold March 10, 2021

Last sale price $986,000 $881 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,097/month

47 Days on Market

Highlights

  • City Lights View
  • Elevator
  • Tile Flooring
  • Juana Briones Elementary School Rated A+
  • Bathtub with Shower
  • Guest Parking

About This Home

As of March 2021

RARELY AVAILABLE! Move in ready END UNIT condo with awarding winning Palo Alto schools: Henry M. Gunn High, Ellen Fletcher Middle, and Juana Briones Elementary. Well managed gated community. Conveniently located near stairs, with large fenced front patio, inside laundry. Fresh paint. Great floor plan with 2 large balconies off the living room and each bedroom. Inviting living room features a wood burning fireplace. Spacious bedrooms with lots of natural lights. Master suite features two closets with mirror doors. HOA covers garbage, water and basic cable TV. Two signed parking spaces with extra storage at secured underground parking lot. Enjoy the nearby shopping, dining, parks and the renowned Stanford U. Short commute to tech companies including Google. Excellent new starter home or for investment. A Must See!

Last Agent to Sell the Property

Rebecca Lin

Maxreal License #01395906 Listed on: 12/16/2020

Maxreal

Co-Listed By

Mary Tian

Maxreal License #01936779

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,262

Year Built

  • 1987

Lot Details

  • 1,481

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,119 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • City Lights Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Utilities

  • Heating Available

Community Details

Overview

  • Association fees include common area electricity, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof, water
  • Tri State Enterprises, Inc. Association

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,262

Year Built

1987

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Zoning: PC
  • Subclass: Condominium
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 1119
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1119
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers Over Tubs - 2+, Tile

Exterior Features

  • Roof: Tile
  • View: City Lights

Garage/Parking

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

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Hamlet Residential
  • HOA Fees: 656
  • HOA Amenities: Additional Storage, Elevator
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Tri-State Enterprises, Inc.

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

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Mar 4, 2021
Sold by
Su Guiwei and Zhang Yingqian
Bought by
Lu Mingzhe and Zhao Zhihong
Seller's Agent
Rebecca Lin
Maxreal
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,188,000
Sold Price
$986,000
Premium/Discount to List
-$202,000
-17%
Current Estimated Value
$1,193,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,799
Avg. Annual Appreciation
4.24%
Original Mortgage
$739,500
Outstanding Balance
$662,909
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$530,890

Purchase Details

Closed on
May 8, 2013
Sold by
Su Guiwei and Zhang Yingqian
Bought by
Su Guiwei and Zhang Yingqian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2010
Sold by
Su Guiwei and Zhang Yingqian
Bought by
Su Guiwei and Zhang Yingqian

Purchase Details

Closed on
Aug 5, 2005
Sold by
Su Guiwei and Zhang Yingqian
Bought by
Zhang Yingqian and Su Guiwei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 10, 1996
Sold by
Zalewski Wojciech and Zalewski Rosemarie
Bought by
Su Guiwei and Zhang Yingqian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 1996
Sold by
Zalewski Wojciech and Zalewski Rosemarie
Bought by
Zalewski Wojciech and Zalewski Rosemarie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lu Mingzhe $986,000 First American Title Company
Su Guiwei -- First American Title Company
Su Guiwei -- First American Title Company
Su Guiwei -- None Available
Zhang Yingqian -- Alliance Title Company
Su Guiwei $200,000 Santa Clara Land Title Co
Zalewski Wojciech -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Mingzhe $739,500
Previous Owner Su Guiwei $165,000
Previous Owner Zhang Yingqian $201,000
Previous Owner Su Guiwei $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $986,000 -10.2% $881 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $1,098,000 -7.6% $981 / Sq Ft
12/16/2020 12/16/20 For Sale $1,188,000 -- $1,062 / 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 $13,262 $1,067,276 $533,638 $533,638
2024 $13,262 $1,046,350 $523,175 $523,175
2023 $13,065 $1,025,834 $512,917 $512,917
2022 $12,910 $1,005,720 $502,860 $502,860
2021 $4,501 $300,912 $135,410 $165,502
2020 $4,424 $297,827 $134,022 $163,805
2019 $4,370 $291,989 $131,395 $160,594
2018 $4,269 $286,265 $128,819 $157,446
2017 $4,193 $280,653 $126,294 $154,359
2016 $4,078 $275,151 $123,818 $151,333
2015 $4,032 $271,019 $121,959 $149,060
2014 $3,863 $265,711 $119,570 $146,141
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81823392

MLSListings

APN: 132-60-029