NOT LISTED FOR SALE

Estimated Value: $1,883,000 - $2,479,000

3 Beds
2.5 Baths
1,977 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,054,000 $1,039 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,807/month

62 Days on Market

Highlights

  • Heated In Ground Pool
  • Clubhouse
  • Wood Flooring
  • Juana Briones Elementary School Rated A+
  • Contemporary Architecture
  • High Ceiling

About This Home

As of June 2017

Spacious and Open 3 BR and 2 1/2 BA TH, two car side-by-side garage with a huge crawl space for storage, High Ceilings, solid Brazilian rosewood floors and crown moldings floors through out the house, Contemporary kitchen with Stainless Appliances and a big island, Located in a newer community with club house, swimming pool, BBQ, playground and garden, Convenient access to highway 101 and 280, Excellent Palo Alto Briones ES (API 941), Terman MS (API 968), Gunn HS (API 917), fine restaurants, coffee shops, various grocery stores and shopping centers are within close proximity. Easy commute to Stanford University, and top Silicon Valley companies such as Google, Facebook and Tesla.

Last Agent to Sell the Property

Stella Zhu

Intero Real Estate Services License #01869016 Listed on: 05/18/2017

Intero Real Estate Services

Co-Listed By

Mia Park

Intero Real Estate Services License #01390597

Last Buyer's Agent

Jean Zhu

Coldwell Banker Realty License #01884244

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,726

Year Built

  • Built in 2008

Lot Details

  • 479 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Assessor Parcel Number 148-42-168

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • Arbor Real Association
  • Built by Arbor Real
  • The community has rules related to credit or board approval
  • Rental Restrictions
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,726

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Board / Park Approval, Park Rental Restrictions, Pets - Allowed
  • Age: 9
  • Estimated Completion Date: 05/18/2017
  • Listing Class: Residential
  • Structure Sq Ft: 1977
  • Construction: Existing
  • Complex Name: Arbor Real
  • Incorporated: Yes
  • Year Built: 2008
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Built-In, Pantry Cabinet
  • Living Sq Ft: 1977
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: 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, Granite, Shower and Tub, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Pool Description: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground
  • Roof: Metal
  • Yard/Grounds: Balcony / Patio, BBQ Area, Low Maintenance, Sprinklers - Auto
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 299
  • HOA Amenities: BBQ Area, Car Wash Area, Club House, Community Pool, Playground
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Arbor Real
  • 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: 148-42-168
  • Lot Acres: 0.0110
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 483.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 483.00

Green Features

  • Energy Features: Energy Star Appliances

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 18, 2017
Closed on
Jun 13, 2017
Sold by
Li Wenfeng and Zhu Xiaoyan
Bought by
Jiang Xin and Gu Lihua
Seller's Agent
Stella Zhu
Intero Real Estate Services
Buyer's Agent
Jean Zhu
Coldwell Banker Realty
List Price
$6,500
Sold Price
$2,054,000
Premium/Discount to List
$2,047,500
31500%
Current Estimated Value
$2,168,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,289
Avg. Annual Appreciation
0.65%
Original Mortgage
$1,437,800
Outstanding Balance
$1,195,950
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$972,339

Purchase Details

Closed on
Aug 5, 2008
Sold by
Western Pacific Housing Inc
Bought by
Li Wenfeng and Zhu Xiaoyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,175
Interest Rate
6.27%
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
Jiang Xin $2,054,000 Orange Coast Title Co Norcal
Li Wenfeng $1,120,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Xin $1,437,800
Previous Owner Li Wenfeng $110,175
Previous Owner Li Wenfeng $729,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $2,054,000 +31500.0% $1,039 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $6,500 0.0% $3 / Sq Ft
07/23/2015 07/23/15 Rented $7,000 -6.7% --
06/23/2015 06/23/15 Under Contract -- -- --
05/30/2015 05/30/15 For Rent $7,500 -- --
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 $27,726 $2,090,000 $1,045,000 $1,045,000
2024 $27,726 $2,285,000 $1,142,500 $1,142,500
2023 $27,919 $2,291,268 $1,145,634 $1,145,634
2022 $27,596 $2,246,342 $1,123,171 $1,123,171
2021 $27,052 $2,202,298 $1,101,149 $1,101,149
2020 $26,494 $2,179,718 $1,089,859 $1,089,859
2019 $24,454 $2,136,980 $1,068,490 $1,068,490
2018 $25,563 $2,095,080 $1,047,540 $1,047,540
2017 $15,460 $1,242,612 $621,306 $621,306
2016 $15,052 $1,218,248 $609,124 $609,124
2015 $14,901 $1,199,950 $599,975 $599,975
2014 $14,555 $1,176,446 $588,223 $588,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81652158

MLSListings

APN: 148-42-168