NOT LISTED FOR SALE

Estimated Value: $1,670,000 - $1,744,000

3 Beds
3 Baths
1,402 Sq Ft
$1,213/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $1,083,000 $772 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,620/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Community Pool
  • Juana Briones Elementary School Rated A+
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of July 2012

Welcome to the Arbor Real Complex with a 3 bedroom 3 bath unit. This light and bright townhome is like new and has the perfect floor plan with downstairs bedroom and 2 master suites upstairs. The Open Gourmet kitchen has Kitchen Aid stainless steel appliances, granite counters and breakfast bar. This townhome has higher grade laminate floors which are scratch and stain resistant.

Last Agent to Sell the Property

Sunny Kim

Compass License #01215151 Listed on: 05/30/2012

Compass

Last Buyer's Agent

Dawn Thomas

Intero Real Estate Services License #01860743

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,246

Lot Details

  • 741

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,402 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 148-42-072

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, common area electricity, common area gas, exterior painting, fencing, insurance - common area, insurance - liability
  • 100 Units
  • Arbor Real Association
  • Greenbelt

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,246

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Sale Price Per Sq Ft: 772.47
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Max Numberof Unitsin Complex: 100
  • Min Numberof Unitsin Complex: 100
  • Structure Sq Ft: 1402
  • Incorporated: Yes
  • Zoning Description: rm15
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1402
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Laminate
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Amenities: Club House, Additional Storage, Garden / Greenbelt / Trails, Community Pool, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Arbor Real
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

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: 148-42-072
  • List Price per Sq Ft: 709.70
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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 30, 2012
Closed on
Jun 21, 2012
Sold by
Lim Jongwoo and Jung Ji Hye
Bought by
Hochdorf Eyal and Hochdorf Eve Adva
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Dawn Thomas
Intero Real Estate Services
List Price
$995,000
Sold Price
$1,083,000
Premium/Discount to List
$88,000
8.84%
Current Estimated Value
$1,700,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,585
Avg. Annual Appreciation
3.18%
Original Mortgage
$580,000
Outstanding Balance
$406,624
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,226,508

Purchase Details

Closed on
Jul 16, 2008
Sold by
Yee Joseph and Yee Joyce I
Bought by
Lim Jongwoo and Jung Ji Hye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2008
Sold by
Western Pacific Housing Inc
Bought by
Yee Joseph and Yee Joyce I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,095
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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
Hochdorf Eyal $1,082,750 Old Republic Title Company
Lim Jongwoo $995,000 Chicago Title Company
Yee Joseph $902,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hochdorf Eyal $580,000
Previous Owner Lim Jongwoo $500,000
Previous Owner Lim Jongwood $530,000
Previous Owner Lim Jongwoo $550,000
Previous Owner Lim Jongwoo $580,000
Previous Owner Lim Jongwoo $585,000
Previous Owner Lim Jongwoo $625,000
Previous Owner Yee Joseph $90,095
Previous Owner Yee Joseph $721,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $1,083,000 +8.8% $772 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $995,000 -- $710 / 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 $16,246 $1,333,626 $666,813 $666,813
2024 $16,246 $1,307,478 $653,739 $653,739
2023 $16,004 $1,281,842 $640,921 $640,921
2022 $15,815 $1,256,708 $628,354 $628,354
2021 $15,502 $1,232,068 $616,034 $616,034
2020 $15,190 $1,219,436 $609,718 $609,718
2019 $15,018 $1,195,526 $597,763 $597,763
2018 $14,615 $1,172,086 $586,043 $586,043
2017 $14,357 $1,149,104 $574,552 $574,552
2016 $13,977 $1,126,574 $563,287 $563,287
2015 $13,837 $1,109,652 $554,826 $554,826
2014 $13,507 $1,087,916 $543,958 $543,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81220392

MLSListings

APN: 148-42-072