NOT LISTED FOR SALE

Estimated Value: $2,150,000 - $2,827,000

3 Beds
3.5 Baths
2,322 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $2,550,000 $1,098 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,687/month

8 Days on Market

Highlights

  • Private Pool
  • Two Primary Bedrooms
  • Soaking Tub in Primary Bathroom
  • Juana Briones Elementary School Rated A+
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2022

Great opportunity to own a beautiful well-maintained 3 Bed/1 office/3.5 bath modern style townhouse in Arbor Real Community. Private corner unit with only one wall sharing with neighbors. The main entrance leads to a spacious floor plan with a cozy fireplace, high ceilings, and recessed lighting. The house features brand new hardwood flooring and the kitchen has quartz countertops, S&S appliances. Kitchen extends to the balcony and you can enjoy tea time with a view of the green belt. This three-story design offers excellent privacy for each ensuite bedroom on a separate level. Master suite with walk-in closet, soaking tub, stall shower and dual vanity in master bath. Indoor laundry room contains many storage , 2-car garage, A/C, ample visitor parking, play area, pool, and club house. The house has everything your current and future need. Do not wait, come to see and have your dream come true. Excellent Palo Alto schools: Juana Briones Elementary, Ellen Fletcher Middle ,and Gunn High.

Last Agent to Sell the Property

Vivian Lee

Homeland Realty License #01881090 Listed on: 05/26/2022

Last Buyer's Agent

Vivian Lee

Homeland Realty License #01881090 Listed on: 05/26/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $29,781

Year Built

  • 2008

Lot Details

  • 1,420

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,322 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • 1,420 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof
  • Arbor Real Association
  • The community has rules related to parking rules
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Additional Features

  • Clubhouse
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$29,781

Year Built

2008

Lot Details

0

HOA Fees

$374 per month

Parking

2

Listing Details

  • Zoning: C3S
  • Subclass: Townhouse
  • Restrictions: Parking Restrictions, Pets - Number Restrictions
  • Age: 14
  • Listing Class: Residential
  • Structure Sq Ft: 2322
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Family Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Hood Over Range, Ice Maker, Microwave, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2322
  • Stories: 3
  • Security: Security Service
  • Bedrooms: More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Dryer, In Utility Room, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Shower And Tub, Tile, Tub, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

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 - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Arbor Real
  • HOA Fees: 374
  • HOA Amenities: Bbq Area, Club House, Community Pool, Garden / Greenbelt / Trails, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: Arbor Real

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

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

Lot Info

  • Lot Acres: 0.0326
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1420.06
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1420.06

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
May 26, 2022
Closed on
Jun 9, 2022
Sold by
Lan and Sumin
Bought by
Luo Yiqi Ruben and Zheng Fuying
Seller's Agent
Vivian Lee
Homeland Realty
Buyer's Agent
Vivian Lee
Homeland Realty
List Price
$1,998,800
Sold Price
$2,550,000
Premium/Discount to List
$551,200
27.58%
Current Estimated Value
$2,526,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,868
Avg. Annual Appreciation
-0.52%
Original Mortgage
$100,000
Outstanding Balance
$95,404
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$2,413,514

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 14, 2017
Sold by
Lin Ronghwa and Li Chih Shan
Bought by
Lan Tian and Tang Sumin
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Vivian Lee
Homeland Realty
List Price
$1,950,000
Sold Price
$2,210,888
Premium/Discount to List
$260,888
13.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,768,710
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 9, 2016
Sold by
Lin Ronghwa and Li Chih Shan
Bought by
Lin Ronghwa and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2015
Sold by
Lin Ronghwa and Li Chih Shan
Bought by
The Lin Family Living Trust and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2015
Sold by
Lin Ronghwa and Li Chih Shan
Bought by
Lin Ronghwa and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2014
Sold by
Lin Rong Hwa and Li Chih Shan
Bought by
Lin Rong Hwa and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2010
Sold by
Lin Ronghwa and Li Chih Shan
Bought by
Lin Ronghwa and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2008
Sold by
Western Pacific Housing Inc
Bought by
Lin Rong Hwa and Li Chih Shan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,773
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Luo Yiqi Ruben $2,550,000 Lawyers Title
Lan Tian $2,211,000 Chicago Title Co
Lin Ronghwa -- Chicago Title Company
The Lin Family Living Trust -- Accommodation
Lin Ronghwa -- Chicago Title Company
Lin Ronghwa -- Accommodation
Lin Ronghwa -- Chicago Title Co
Lin Rong Hwa -- First American Title Company
Lin Ronghwa -- Old Republic Title Company
Lin Ronghwa -- Old Republic Title Company
Lin Rong Hwa $1,156,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Yiqi Ruben $100,000
Open Luo Yiqi Ruben $945,000
Previous Owner Lan Tian $1,647,000
Previous Owner Lan Tian $1,719,000
Previous Owner Lan Tian $1,768,710
Previous Owner Lin Ronghwa $2,000,000
Previous Owner Lin Ronghwa $650,000
Previous Owner Lin Ronghwa $1,248,000
Previous Owner Lin Ronghwa $1,085,000
Previous Owner Lin Rong Hwa $1,137,500
Previous Owner Lin Ronghwa $500,000
Previous Owner Lin Ronghwa $200,000
Previous Owner Lin Ronghwa $250,000
Previous Owner Lin Rong Hwa $555,773
Closed Luo Yiqi Ruben $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $2,550,000 +27.6% $1,098 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $1,998,800 -9.6% $861 / Sq Ft
12/22/2017 12/22/17 Sold $2,210,888 +13.4% $952 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $1,950,000 -- $840 / 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 $29,781 $2,420,000 $1,210,000 $1,210,000
2024 $29,781 $2,601,000 $1,300,500 $1,300,500
2023 $29,781 $2,550,000 $1,275,000 $1,275,000
2022 $29,074 $2,370,516 $1,185,258 $1,185,258
2021 $28,501 $2,324,036 $1,162,018 $1,162,018
2020 $27,913 $2,300,206 $1,150,103 $1,150,103
2019 $27,603 $2,255,104 $1,127,552 $1,127,552
2018 $26,845 $2,210,888 $1,105,444 $1,105,444
2017 $16,315 $1,308,065 $654,032 $654,033
2016 $15,885 $1,282,417 $641,208 $641,209
2015 $15,646 $1,263,155 $631,577 $631,578
2014 $15,288 $1,238,413 $619,206 $619,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81893490

MLSListings

APN: 148-42-096