NOT LISTED FOR SALE

Estimated Value: $1,792,000 - $2,374,000

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

Last Sold March 20, 2012

Last sale price $986,000 $515 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,822/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Ground Level Unit
  • Juana Briones Elementary School Rated A+
  • High Ceiling
  • Neighborhood Views

About This Home

As of March 2012

Arbor Real. Rare listing with 3 bdrm and 3 full baths in the complex. Only 4 years old with upgraded hardwood floor, granite countertop, plenty of cabinet space. High ceiling & tall windows bring lots of light. Amenity includes Children's play area, club house, swimming pool and car wash area. Walking distance to top schools Gunn high and Terman middle.

Last Agent to Sell the Property

Linda Xu

BayOne Real Estate Investment Corporation License #01425342 Listed on: 02/08/2012

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,233

Year Built

  • Built in 2007

Lot Details

  • 871

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,913 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family or Dining Combination
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Ground Level Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 148-42-023

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, roof, common area electricity, common area gas, exterior painting, insurance - liability
  • Arbor Real Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,233

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 5
  • Sale Price Per Sq Ft: 515.42
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1913
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: C2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: No Formal Dining Room, Dining Area in Family Room, Breakfast Nook
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1913
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: Dryer, Washer
  • 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 - 2+

Exterior Features

  • Foundation: Concrete Slab
  • View: Local/Neighborhood

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: Forced Air

Condo/Co-op/Association

  • HOA Fees: 273
  • HOA Amenities: Community Pool
  • HOA Documents: Bylaws
  • Association Fees Include: Landscaping / Gardening, Management Fee, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Liability
  • H O A Name Text: Arbor Real
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: 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: 148-42-023
  • 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
  • Unit Features: Ground Floor

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

Closed on
Jul 25, 2022
Sold by
Kung Family Living Trust
Bought by
Rickeys Way Llc
Current Estimated Value
$1,998,425

Purchase Details

Listed on
Feb 8, 2012
Closed on
Mar 16, 2012
Sold by
Chen Teresa
Bought by
Kung Henry I and Kung Juliet J R
Seller's Agent
Linda Xu
BayOne Real Estate Investment Corporation
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$950,000
Sold Price
$986,000
Premium/Discount to List
$36,000
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Western Pacific Housing Inc
Bought by
Chen Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,920
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Rickeys Way Llc -- --
Kung Henry I $986,000 First American Title Company
Chen Teresa $970,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Teresa $775,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $986,000 +3.8% $515 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/08/2012 02/08/12 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 $15,233 $1,238,458 $619,229 $619,229
2024 $15,233 $1,214,176 $607,088 $607,088
2023 $15,007 $1,190,370 $595,185 $595,185
2022 $14,830 $1,167,030 $583,515 $583,515
2021 $14,539 $1,144,148 $572,074 $572,074
2020 $14,248 $1,132,418 $566,209 $566,209
2019 $14,088 $1,110,214 $555,107 $555,107
2018 $13,713 $1,088,446 $544,223 $544,223
2017 $13,472 $1,067,104 $533,552 $533,552
2016 $13,116 $1,046,182 $523,091 $523,091
2015 $12,985 $1,030,468 $515,234 $515,234
2014 $12,671 $1,010,284 $505,142 $505,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81204864

MLSListings

APN: 148-42-023