NOT LISTED FOR SALE

Estimated Value: $1,882,000 - $2,488,000

3 Beds
2.5 Baths
1,977 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $1,901,000 $962 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,125/month

16 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Granite Countertops
  • Juana Briones Elementary School Rated A+
  • High Ceiling
  • Community Pool

About This Home

As of June 2015

Stunning 7 Years New! Beautiful Townhome in Arbor Real. Light and bright 3 Bedrooms, 3 Bathrooms home, gorgeous hardwood floors, designer carpet, beautiful entry way, in the back of the complex. The home features, separate Living room steps out to Patio, Dining room, Kitchen with Granite Counter Tops, Breakfast Bar and Family area. Large Master Suite with custom built closets. 2-Car Garage with custom storage and closets. Common area boasts a play area, pool and club house. Excellent Palo Alto Schools.

Last Agent to Sell the Property

Anni Chu

Coldwell Banker Realty License #01189653 Listed on: 05/07/2015

Coldwell Banker Realty

Last Buyer's Agent

Alex Wang

Christie's International Real Estate Sereno License #01351503

Christie's International Real Estate Sereno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,196

Year Built

  • Built in 2008

Lot Details

  • 871 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 148-42-099

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, insurance, landscaping / gardening, roof
  • 181 Units
  • The Manor Association
  • Built by Arbor Real
  • The community has rules related to parking rules

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,196

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Parking Restrictions
  • Age: 7
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 181
  • Structure Sq Ft: 1977
  • Complex Name: Arbor Real
  • Year Built: 2008
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1977
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 299
  • HOA Amenities: BBQ Area, Club House, Community Pool, Playground
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance, Landscaping / Gardening, Roof
  • H O A Name Text: The Manor Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High 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: 148-42-099
  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 871.00

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

Listed on
May 7, 2015
Closed on
Jun 9, 2015
Sold by
Wu Valerie and Wu Grace
Bought by
Ren Tianye and Wang Lin
Seller's Agent
Anni Chu
Coldwell Banker Realty
Buyer's Agent
Alex Wang
Christie's International Real Estate Sereno
List Price
$1,780,000
Sold Price
$1,901,000
Premium/Discount to List
$121,000
6.8%
Current Estimated Value
$2,243,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,550
Avg. Annual Appreciation
1.61%
Original Mortgage
$1,500,000
Outstanding Balance
$1,135,072
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,108,478

Purchase Details

Closed on
Jan 13, 2010
Sold by
Yang Howard and Wu Grace
Bought by
Wu Grace

Purchase Details

Closed on
Feb 28, 2008
Sold by
Western Pacific Housing Inc
Bought by
Yang Howard and Wu Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.87%
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
Ren Tianye $1,901,000 First American Title Company
Wu Grace -- None Available
Yang Howard $1,120,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Tianye $1,500,000
Previous Owner Yang Howard $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2015 06/18/15 Sold $1,901,000 +6.8% $962 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $1,780,000 -- $900 / 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 $27,196 $2,284,708 $1,142,354 $1,142,354
2024 $27,196 $2,239,910 $1,119,955 $1,119,955
2023 $26,877 $2,195,992 $1,097,996 $1,097,996
2022 $26,567 $2,152,934 $1,076,467 $1,076,467
2021 $26,045 $2,110,720 $1,055,360 $1,055,360
2020 $25,510 $2,089,078 $1,044,539 $1,044,539
2019 $25,228 $2,048,116 $1,024,058 $1,024,058
2018 $24,538 $2,007,958 $1,003,979 $1,003,979
2017 $24,108 $1,968,588 $984,294 $984,294
2016 $23,476 $1,929,990 $964,995 $964,995
2015 $15,184 $1,223,950 $611,975 $611,975
2014 -- $1,199,976 $599,988 $599,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81463881

MLSListings

APN: 148-42-099