NOT LISTED FOR SALE

Estimated Value: $1,778,000 - $2,374,000

3 Beds
3 Baths
1,913 Sq Ft
871 Sq Ft Lot

Last Sold March 13, 2012

Last sale price $955,000 $499 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $11,768/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Juana Briones Elementary School Rated A+
  • Contemporary Architecture
  • High Ceiling

About This Home

As of March 2012

Part of the recently developed Arbor Real community and nestled in a park-like setting among mature trees and landscaping, this contemporary townhouse is tranquil yet within a short distance of all the conveniences of its central location. The interior amenities of this residence coupled with the community features (parks, pool, clubhouse

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 01/28/2012

Keller Williams Palo Alto

Last Buyer's Agent

Marjorie Mamin

Keller Williams Thrive License #01891888

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,784

Year Built

  • Built in 2008

Lot Details

  • 871

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,913 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Neighborhood Views
  • Gas Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

Additional Features

  • Energy-Efficient Insulation
  • Ground Level Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 148-42-037

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, maintenance - unit yard, common area electricity, insurance - common area

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,784

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 4
  • Sale Price Per Sq Ft: 499.22
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1913
  • Incorporated: Yes
  • Year Built: 2008
  • Zoning Description: c2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Microwave, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 1913
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Carpet - Area, Hardwood - Partial, Tile
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 273
  • HOA Amenities: Playground, Club House, Community Pool
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Maintenance - Unit Yard, Common Area Electricity, Insurance - Common Area
  • H O A Exist: Yes

Association/Amenities

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

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: 148-42-037
  • List Price per Sq Ft: 444.33
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 871.00
  • Lot Size Area Min Search: 871.00
  • Maximum Lot Size: 871.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor, Bi/Split Level Unit

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
Jan 28, 2012
Closed on
Mar 7, 2012
Sold by
Wu Chung Wei and Lee Amanda
Bought by
Wong Thomas A and Kwok Oi Ling
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Marjorie Mamin
Keller Williams Thrive
List Price
$850,000
Sold Price
$955,000
Premium/Discount to List
$105,000
12.35%
Current Estimated Value
$1,995,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,239
Avg. Annual Appreciation
5.38%
Original Mortgage
$417,000
Outstanding Balance
$273,515
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,668,421

Purchase Details

Closed on
Jan 14, 2008
Sold by
Western Pacific Housing Inc
Bought by
Wu Chung Wei and Lee Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.07%
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
Wong Thomas A $955,000 Fidelity National Title Co
Wu Chung Wei $909,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Thomas A $417,000
Previous Owner Wu Chung Wei $552,000
Previous Owner Wu Chung Wei $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2012 03/13/12 Sold $955,000 +12.4% $499 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/28/2012 01/28/12 For Sale $850,000 -- $444 / 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 $14,784 $1,199,524 $599,762 $599,762
2024 $14,784 $1,176,004 $588,002 $588,002
2023 $14,565 $1,152,946 $576,473 $576,473
2022 $14,393 $1,130,340 $565,170 $565,170
2021 $14,110 $1,108,178 $554,089 $554,089
2020 $13,829 $1,096,816 $548,408 $548,408
2019 $13,673 $1,075,310 $537,655 $537,655
2018 $13,310 $1,054,226 $527,113 $527,113
2017 $13,076 $1,033,556 $516,778 $516,778
2016 $12,730 $1,013,292 $506,646 $506,646
2015 $12,603 $998,072 $499,036 $499,036
2014 $12,296 $978,522 $489,261 $489,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81203386

MLSListings

APN: 148-42-037