NOT LISTED FOR SALE

Estimated Value: $1,521,000 - $1,950,000

2 Beds
2.5 Baths
1,766 Sq Ft
$964/Sq Ft Est. Value

Highlights

  • Clubhouse
  • Community Pool
  • Balcony
  • Juana Briones Elementary School Rated A+
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of June 2024

Stunning modern 2-bedroom townhome in a highly sought-after neighborhood in Palo Alto! Designed with efficiency and sophistication in mind, Unit K 4248 Rickeys Way features top-of-the-line upgrades. This home is elegant with its huge space, vaulted ceilings, hardwood flooring, and carpeting. The open floor plan of the living room is made perfect for entertainment with the installed centralized sound system. Lounging outside is also made possible with the covered patio. The true gourmet kitchen has recently-upgraded stainless steel appliances, spacious granite counters, and expanded custom cabinetry with under-cabinet lighting. Upstairs, the huge masters bedroom features an oversized sliding door closet and an attached gorgeous full bathroom with walk-in storage, jack and jill sinks, and a shower and bathtub combo. Rickeys Way is the perfect location for those who want to enjoy the best amenities such as the clubhouse, swimming pool, childrens playground, BBQ, communal garden, and the extensive greenbelt. Easy commute to Stanford University and Silicon Valley Companies: Google, Facebook, and Apple. Excellent Palo Alto schools such as Juana Briones Elementary, Fletcher Middle, and Henry Gunn High are also nearby! Pet Friendly Pet Deposit - $500

Last Agent to Rent the Property

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 05/31/2024

Last Renter's Agent

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 05/31/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,729

Year Built

  • 2008

Lot Details

  • 653

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,766 Sq Ft Home
  • 3-Story Property
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Security Deposit $5,095
  • Property Available on 7/20/24
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,729

Year Built

2008

Lot Details

0

Parking

2

Rental Info

  • Available: 07/20/2024
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 5095

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Allowed
  • Age: 16
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1766
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Dishwasher, Microwave, Refrigerator
  • Living Sq Ft: 1766
  • Stories: 3
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Gas

Condo/Co-op/Association

  • HOA Amenities: Bbq Area, Club House, Community Pool, Playground
  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2017
Sold by
Ou Judy
Bought by
Ou Judy
Current Estimated Value
$1,702,904

Purchase Details

Closed on
Nov 9, 2009
Sold by
Miao Clarence
Bought by
Ou Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,800
Outstanding Balance
$411,500
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$1,291,404

Purchase Details

Closed on
Mar 3, 2008
Sold by
Western Pacific Housing Inc
Bought by
Miao Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ou Judy -- None Available
Ou Judy -- Chicago Title Company
Miao Clarence $900,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Judy $632,800
Previous Owner Miao Clarence $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Rented $5,095 0.0% --
05/31/2024 05/31/24 For Rent $5,095 -- --
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 $12,729 $1,021,026 $510,513 $510,513
2024 $12,729 $1,001,006 $500,503 $500,503
2023 $12,540 $981,380 $490,690 $490,690
2022 $12,391 $962,138 $481,069 $481,069
2021 $12,147 $943,274 $471,637 $471,637
2020 $11,908 $933,602 $466,801 $466,801
2019 $11,773 $915,298 $457,649 $457,649
2018 $11,463 $897,352 $448,676 $448,676
2017 $11,261 $879,758 $439,879 $439,879
2016 $10,882 $862,508 $431,254 $431,254
2015 $10,770 $849,554 $424,777 $424,777
2014 $10,491 $832,914 $416,457 $416,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81967940

MLSListings

APN: 148-42-137