NOT LISTED FOR SALE

Estimated Value: $1,185,000 - $1,358,000

2 Beds
2.5 Baths
1,224 Sq Ft
$727/mo HOA Fee

Last Sold November 30, 2021

Last sale price $1,120,000 $915 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,471/month

75 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Quartz Countertops
  • Juana Briones Elementary School Rated A+
  • Gated Community
  • Elevator

About This Home

As of November 2021

Wonderful condo to enjoy at great new price. Beautifully updated, nicely laid out two bedroom, 2.5 bath condo in this fantastic Palo Alto location. This light filled unit is located on the top two floors of the building. Two large bedrooms with stylish hardwood floors, out door balconies, each with its own bath and large closet space. The first floor new kitchen is enhanced by an open floor plan that delivers a space for dinning and living. An amazing balcony provides outdoor space just outside of the living room with is accented by a wood burning fire place. The floor plan places the bedrooms on the top floor and living space on the first floor. The grounds and parking areas are secured. The location ins with in walking distance to various business and provides great access to public transportation. Minutes to Stanford, downtown Palo Alto, Cal Trains, as well as Google, Tesla, and various other companies headquartered in the area. Open houses 8/21 and 8/22.

Last Agent to Sell the Property

Mike Garvey

Compass License #01948444 Listed on: 08/12/2021

Compass

Last Buyer's Agent

ShopProp Realty

ShopProp Inc. License #01881220

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,988

Year Built

  • 1987

Lot Details

  • 784

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Radiant Heating System

Community Details

Overview

  • Association fees include cable / dish, common area electricity, common area gas, exterior painting, fencing, garbage, heating, hot water, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, recreation facility, unit coverage insurance, water / sewer
  • Tri State Association

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,988

Year Built

1987

Lot Details

0

HOA Fees

$727 per month

Parking

2

Listing Details

  • Zoning: PC
  • Subclass: Condominium
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 1224
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Microwave, Oven - Double, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1224
  • Stories: 2
  • Security: Security Guard
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Dryer, Washer
  • Flooring: Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Showers Over Tubs - 2+

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Hamlet
  • HOA Fees: 727
  • HOA Amenities: Additional Storage, Community Security Gate, Elevator, Gym / Exercise Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Heating, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Recreation Facility, Unit Coverage Insurance, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Tri-State

Schools

  • School District: Palo Alto Unified

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 12, 2021
Sold by
Helmholz Edith and Helmholz Eckhard
Bought by
Tang Huiyuan and Gu Yajun
Seller's Agent
Mike Garvey
Compass
Buyer's Agent
ShopProp Realty
ShopProp Inc.
List Price
$1,250,000
Sold Price
$1,120,000
Premium/Discount to List
-$130,000
-10.4%
Current Estimated Value
$1,256,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,442
Avg. Annual Appreciation
3.01%
Original Mortgage
$370,000
Outstanding Balance
$339,742
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$916,700

Purchase Details

Closed on
Feb 27, 1995
Sold by
Hamm Judith Helmholz
Bought by
Helmholz Judith and Helmholz Eckhard

Purchase Details

Closed on
Nov 18, 1994
Sold by
Hamm John
Bought by
Hamm Judith Helmholz
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
Tang Huiyuan $1,120,000 Fidelity National Title Co
Helmholz Judith -- --
Hamm Judith Helmholz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Huiyuan $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $1,120,000 -3.4% $915 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/19/2021 10/19/21 Price Changed $1,159,000 -5.7% $947 / Sq Ft
10/08/2021 10/08/21 Price Changed $1,229,000 -1.7% $1,004 / Sq Ft
08/12/2021 08/12/21 For Sale $1,250,000 -- $1,021 / 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 $12,988 $1,188,552 $594,276 $594,276
2024 $12,988 $1,030,000 $515,000 $515,000
2023 $13,268 $1,050,000 $525,000 $525,000
2022 $14,187 $1,120,000 $560,000 $560,000
2021 $4,618 $310,756 $70,717 $240,039
2020 $4,538 $307,570 $69,992 $237,578
2019 $4,483 $301,540 $68,620 $232,920
2018 $4,379 $295,628 $67,275 $228,353
2017 $4,301 $289,832 $65,956 $223,876
2016 $4,183 $284,150 $64,663 $219,487
2015 $4,137 $279,883 $63,692 $216,191
2014 $3,966 $274,402 $62,445 $211,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81858096

MLSListings

APN: 132-60-007