NOT LISTED FOR SALE

Estimated Value: $1,488,749 - $2,087,000

3 Beds
2 Baths
1,399 Sq Ft
1,394 Sq Ft Lot

Last Sold March 03, 2017

Last sale price $1,288,888 $921 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,749/month

6 Days on Market

Highlights

  • Fitness Center
  • City View
  • Corian Countertops
  • Juana Briones Elementary School Rated A+
  • Vaulted Ceiling
  • Entertainment System

About This Home

As of March 2017

Don't miss this beautiful 3 BR light-filled top floor unit in quiet residential area with all urban conveniences. Beautifully updated bathrooms and kitchen, master-bath has hydrotherapy tub & double sinks, new floors and carpet, fresh paint, balconies off every room, built-in entertainment center in LR with large flat-screen TV included, skylights throughout bring lots of natural light, 2 underground secured parking spots and private fenced storage unit. Walk/bike to many shops, coffee & restaurants, schools & parks. This location is so convenient to all local amenities, local tech companies and Stanford. Top Palo Alto Schools: Juanna Briones Elementary, Terman Middle & Gunn High School (Buyer to verify).

Last Agent to Sell the Property

Kathleen Pasin

Christie's International Real Estate Sereno License #01396779 Listed on: 01/26/2017

Christie's International Real Estate Sereno

Last Buyer's Agent

Michael Lo Monaco

Coldwell Banker Realty License #01242514

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,196

Year Built

  • Built in 1987

Lot Details

  • 1,394

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • City
  • Hills

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,399 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 132-60-033

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, garbage, hot water, insurance - common area, insurance - earthquake, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof
  • 54 Units
  • Tri State Enterprizes Association
  • Built by The Hamlet

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,196

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 30
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 54
  • Structure Sq Ft: 1399
  • Complex Name: The Hamlet
  • Year Built: 1987
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1399
  • Stories: 2
  • Security: Secured Garage / Parking, Security Building
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete, Tile
  • View: City, Hills

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 645
  • HOA Amenities: Additional Storage, Gym / Exercise Facility
  • Association Fees Include: Common Area Electricity, Garbage, Hot Water, Insurance - Common Area, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof
  • H O A Name Text: Tri-State Enterprizes
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Video / Audio System

Schools

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

Lot Info

  • Parcel Number: 132-60-033
  • Lot Acres: 0.0320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1408.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1408.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Juana Briones Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Liang Zhirong and Liu Xiaoqing
Bought by
Liang Zhirong and Liu Xiaoqing
Current Estimated Value
$1,741,437

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 23, 2017
Sold by
Steele Denny L and Takeuchi Kayoko W
Bought by
Liang Zhirong and Liu Xiaoqing
Seller's Agent
Kathleen Pasin
Christie's International Real Estate Sereno
Buyer's Agent
Michael Lo Monaco
Coldwell Banker Realty
List Price
$1,098,000
Sold Price
$1,288,888
Premium/Discount to List
$190,888
17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,030,888
Outstanding Balance
$829,892
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$911,545

Purchase Details

Closed on
Mar 25, 2016
Sold by
Steele Denny L and Takeuchi Kayoko W
Bought by
Denny Steele & Kayoko Takeuchi Trust and Takeuchi Kayoko W

Purchase Details

Closed on
Apr 3, 2013
Sold by
Steele Denny L and Steele Denny Lee
Bought by
Steele Denny L and Takeuchi Kayoko W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Truong Loan B
Bought by
Steele Denny Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,200
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Liang Zhirong -- None Available
Liang Zhirong $1,289,000 Cornerstone Title Company
Denny Steele & Kayoko Takeuchi Trust -- None Available
Steele Denny L -- First American Title Company
Steele Denny Lee $609,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Zhirong $1,030,888
Previous Owner Steele Denny L $417,000
Previous Owner Steele Denny Lee $487,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $1,288,888 +17.4% $921 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $1,098,000 -- $785 / 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 $18,196 $1,495,856 $747,928 $747,928
2024 $18,196 $1,466,526 $733,263 $733,263
2023 $18,196 $1,437,772 $718,886 $718,886
2022 $17,635 $1,409,582 $704,791 $704,791
2021 $17,286 $1,381,944 $690,972 $690,972
2020 $16,937 $1,367,774 $683,887 $683,887
2019 $16,746 $1,340,956 $670,478 $670,478
2018 $16,294 $1,314,664 $657,332 $657,332
2017 $9,260 $717,088 $358,544 $358,544
2016 $9,012 $703,028 $351,514 $351,514
2015 $8,918 $692,468 $346,234 $346,234
2014 $8,685 $678,904 $339,452 $339,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81636789

MLSListings

APN: 132-60-033