NOT LISTED FOR SALE

4238 Rickeys Way Unit H Palo Alto, CA 94306

Charleston Meadows Neighborhood

Estimated Value: $1,788,000 - $2,345,000

3 Beds
3 Baths
1,913 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $1,080,000 $565 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,888/month

9 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

Award Winning Palo Alto Schools! This beautiful home has just undergone a complete remodel and upgrade worth over $80,000. Live in luxury with a gourmet kitchen, 2 master suites, high ceilings, distressed engineered wood flooring, custom double layer crown molding. Walking distance to Gunn High School, shops, restaurants. Centrally located with easy access to 280, 101 and Standford University.

Last Agent to Sell the Property

Amy Liu

Legacy Real Estate & Assoc. License #01143235 Listed on: 02/29/2012

Last Buyer's Agent

Carol Li

Compass License #01227755

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,510

Year Built

  • Built in 2007

Lot Details

  • 871

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,913 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Open Floorplan
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 148-42-011

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, exterior painting, insurance - common area
  • Merit Association
  • Built by Arbor Real
  • Car Wash Area

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,510

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 5
  • Sale Price Per Sq Ft: 564.56
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 1913
  • Complex Name: Arbor Real
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, 220 Volt Outlet
  • Living Sq Ft: 1913
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood
  • 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 Slab
  • Roof: Metal
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 273
  • HOA Amenities: Car Wash Area, Playground, Club House, Community Pool
  • HOA Documents: Bylaws
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Merit
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

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

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: 148-42-011
  • List Price per Sq Ft: 496.60
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1306.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1306.00
  • Lot Size Area Min Search: 1306.00
  • Maximum Lot Size: 1306.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

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
Feb 29, 2012
Closed on
Mar 23, 2012
Sold by
Wang Derek and Chao Christina
Bought by
Howard Yuhui Chen
Seller's Agent
Amy Liu
Legacy Real Estate & Assoc.
Buyer's Agent
Carol Li
Compass
List Price
$950,000
Sold Price
$1,080,000
Premium/Discount to List
$130,000
13.68%
Current Estimated Value
$1,990,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,442
Avg. Annual Appreciation
4.48%
Original Mortgage
$768,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2011
Sold by
Hong Min Ki and Kim Eun Ha
Bought by
Wang Derek and Chao Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Western Pacific Housing Inc
Bought by
Hong Min Ki and Kim Eun Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,403
Interest Rate
6.4%
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
Howard Yuhui Chen $1,080,000 Placer Title Company
Wang Derek $880,000 First American Title Company
Hong Min Ki $865,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Yuhui Chen $768,000
Previous Owner Wang Derek $660,000
Previous Owner Hong Min Ki $86,403
Previous Owner Hong Min Ki $691,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $1,080,000 +13.7% $565 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $950,000 -- $497 / 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 $16,510 $1,356,530 $678,265 $678,265
2024 $16,510 $1,329,932 $664,966 $664,966
2023 $16,264 $1,303,856 $651,928 $651,928
2022 $16,072 $1,278,292 $639,146 $639,146
2021 $15,754 $1,253,228 $626,614 $626,614
2020 $15,437 $1,240,378 $620,189 $620,189
2019 $15,262 $1,216,058 $608,029 $608,029
2018 $14,852 $1,192,214 $596,107 $596,107
2017 $14,590 $1,168,838 $584,419 $584,419
2016 $14,204 $1,145,920 $572,960 $572,960
2015 $14,061 $1,128,708 $564,354 $564,354
2014 $13,728 $1,106,600 $553,300 $553,300
Source: Public Records

Agents Affiliated with this Home

  • Amy Liu

    Seller's Agent in 2012

    Amy Liu

    Legacy Real Estate & Assoc.

    (510) 744-3558

    14 Total Sales

    Amy Liu
    Section Image
  • Carol Li

    Buyer's Agent in 2012

    Carol Li

    Compass

    (650) 281-8368

    1 in this area

    42 Total Sales

    Carol Li
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81207589

MLSListings

APN: 148-42-011

California Santa Clara County Palo Alto 94306 Charleston Meadows

4238 Rickeys Way Unit H, Palo Alto, CA

This home is located at 4238 Rickeys Way Unit H, Palo Alto, CA 94306 since 29 February 2012 and is currently estimated at $1,990,442, approximately $1,040 per square foot. This property was built in 2007. 4238 Rickeys Way Unit H is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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