NOT LISTED FOR SALE

Estimated Value: $1,993,000 - $2,383,000

3 Beds
3 Baths
1,730 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $1,768,000 $1,022 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,315/month

10 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Mediterranean Architecture
  • Juana Briones Elementary School Rated A+
  • Wood Flooring
  • Stone Countertops

About This Home

As of May 2016

Impeccably cared for end-unit townhouse in the sought-after Camino Place community of Palo Alto. A traditional 2-level floor plan 3BD/3BA spans over 1730 sf of gracious formal/informal living. Ultimate privacy is achieved by the wrapped around fences on the 3 sides and only a small portion of one side wall that is connected to the adjoining unit. Light, bright and just simply gorgeous; great room open floor plan comprised of living room (has a gas log fireplace), dining area (defined by a raised tray ceiling & modern chandelier) and gourmet chef's kitchen with breakfast bar seating. 2 master suites are equally luxurious--one w/ customized walk-in closet & the other w/ private balcony. This unit most likely has the largest yard space in the complex with mature trees, shrubs, multi-patio areas and a "L" shaped built-in bench. Camino Place is a well run complex with beautiful grounds and many guest parking spots throughout the complex that make visitor parking super easy.

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 04/18/2016

Coldwell Banker Realty

Last Buyer's Agent

Jessica Tang

Coldwell Banker Realty License #01305505

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,070

Year Built

  • Built in 1992

Lot Details

  • 1,525 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,730 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Formal Entry
  • Dining Area
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 132-62-001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, insurance, insurance - common area, insurance - earthquake, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, roof, water
  • Ferrari Management Association
  • Built by Camino Place

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,070

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Mediterranean
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 1730
  • Complex Name: Camino Place
  • Incorporated: Yes
  • Year Built: 1992
  • Zoning Description: RM5
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1730
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer, Upper Floor
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Concrete, Tile
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Pool: Yes
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 494
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: Ferrari Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

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: 132-62-001
  • Lot Acres: 0.0350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1507.18
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1507.18

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

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

Listed on
Apr 18, 2016
Closed on
May 3, 2016
Sold by
Elsayed Mahmoud and Dumas Nanette
Bought by
Wu Lee Family Trust and Lee Jeanie Fen Ying
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Jessica Tang
Coldwell Banker Realty
List Price
$1,389,000
Sold Price
$1,768,000
Premium/Discount to List
$379,000
27.29%
Total Days on Market
10
Current Estimated Value
$2,186,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,412
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Mar 7, 2012
Sold by
Elsayed Mahmoud and Dumas Nanette
Bought by
Elsayed Mahmoud and Dumas Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2007
Sold by
Dumas Nanette and Elsayed Mahmoud
Bought by
Elsayed Mahmoud and Dumas Nanette

Purchase Details

Closed on
May 4, 2004
Sold by
Chao Chi Chang and Chao Linda L
Bought by
Elsayed Mahmoud and Dumas Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1994
Sold by
Camino Place Partnership
Bought by
Chao Chi Chang and Chao Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.95%
Source: Public Records

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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
Wu Lee Family Trust $1,768,000 Chicago Title Company
Elsayed Mahmoud -- First American Title Company
Elsayed Mahmoud -- None Available
Elsayed Mahmoud $775,000 Old Republic Title Company
Chao Chi Chang $396,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elsayed Mahmoud $482,000
Previous Owner Elsayed Mahmoud $487,000
Previous Owner Elsayed Mahmoud $507,700
Previous Owner Elsayed Mahmoud $542,500
Previous Owner Chao Chi Chang $230,000
Previous Owner Chao Chi Chang $400,000
Previous Owner Chao Chi Chang $100,000
Previous Owner Chao Chi Chang $240,000
Previous Owner Chao Chi Chang $150,000
Previous Owner Chao Chi Chang $276,000
Closed Elsayed Mahmoud $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $1,768,000 +27.3% $1,022 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $1,389,000 -- $803 / 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
2024 $25,070 $2,051,910 $1,025,955 $1,025,955
2023 $24,701 $2,011,678 $1,005,839 $1,005,839
2022 $24,416 $1,972,234 $986,117 $986,117
2021 $23,936 $1,933,564 $966,782 $966,782
2020 $23,446 $1,913,738 $956,869 $956,869
2019 $23,186 $1,876,214 $938,107 $938,107
2018 $22,554 $1,839,426 $919,713 $919,713
2017 $22,158 $1,803,360 $901,680 $901,680
2016 $11,764 $930,801 $420,362 $510,439
2015 $11,563 $916,820 $414,048 $502,772
2014 $11,271 $898,862 $405,938 $492,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81580848

MLSListings

APN: 132-62-001