NOT LISTED FOR SALE

428 Alder Ln Palo Alto, CA 94306

Charleston Meadows Neighborhood

Estimated Value: $3,292,000 - $4,113,942

4 Beds
3.5 Baths
2,873 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $2,826,000 $984 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $23,630/month

6 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Juana Briones Elementary School Rated A+
  • Formal Dining Room
  • Community Playground

About This Home

As of August 2018

Beautifully updated and maintained single family home in desired location. Spacious, open floor-plan on main level. 3 Bedrooms, 2 baths & separate laundry room on second level. Balcony off master suite. One Bedroom/office/Au Pair room with separate bathroom on third level. Palo Alto Schools. Close to Stanford University, commute access & shopping. HOA includes pool/playground/community garden and well maintained common areas.

Last Agent to Sell the Property

Tricia Soliz

Compass License #01836700 Listed on: 06/21/2018

Co-Listed By

Michael Hall

Compass License #01133676

Last Buyer's Agent

John Chung

Keller Williams Palo Alto License #01720510

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,312

Year Built

  • Built in 2008

Lot Details

  • 3,119 Sq Ft Lot
  • Zoning described as C3S

HOA Fees

  • $191 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,873 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 148-42-122

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area, pool spa or tennis
  • Arbor Real Association
  • Built by Arbor Real
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,312

Year Built

Built in 2008

Lot Details

0

HOA Fees

$191 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 2873
  • Complex Name: Arbor Real
  • Year Built: 2008
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Oven - Built-In
  • Living Sq Ft: 2873
  • Stories: 3
  • Laundry: Electricity Hookup (220V), Gas Hookup, Upper Floor
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Metal
  • Pool: Yes

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
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 191
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Arbor Real
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 148-42-122
  • Lot Acres: 0.0716
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3120.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 13, 2018
Sold by
Simms Christopher and Veitch Arlene
Bought by
Basu Upal and Basu Shagorica
Seller's Agent
Tricia Soliz
Compass
Buyer's Agent
John Chung
Keller Williams Palo Alto
List Price
$2,498,000
Sold Price
$2,826,000
Premium/Discount to List
$328,000
13.13%
Current Estimated Value
$3,760,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,236
Avg. Annual Appreciation
4.11%
Original Mortgage
$2,119,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 25, 2013
Closed on
Jan 28, 2014
Sold by
Danna Christopher John
Bought by
Kung Agela
Seller's Agent
Barry Chang
Better Home & Loan
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$1,480,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 25, 2013
Closed on
Jan 24, 2014
Sold by
Kung Hsing and Kung Margaret M
Bought by
Simms Christopher and Veitch Arlene
Seller's Agent
Barry Chang
Better Home & Loan
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2008
Sold by
Western Pacific Housing Inc
Bought by
Kung Hsing and Kung Margaret M

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
6.32%
Mortgage Type
Stand Alone First
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
Basu Upal $2,826,000 None Available
Kung Agela $1,850,000 Chicago Title Company
Simms Christopher $1,850,000 Chicago Title Company
Kung Hsing $1,635,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basu Upal $2,033,000
Closed Basu Upal $2,090,000
Closed Basu Upal $210,000
Closed Basu Upal $2,119,500
Previous Owner Kung Agela $1,480,000
Previous Owner Simms Christopher $1,480,000
Previous Owner Kung Hsing $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $2,826,000 +13.1% $984 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $2,498,000 +35.0% $869 / Sq Ft
01/31/2014 01/31/14 Sold $1,850,000 -7.0% $644 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
09/18/2013 09/18/13 Price Changed $1,990,000 -9.5% $693 / Sq Ft
08/25/2013 08/25/13 For Sale $2,200,000 -- $766 / 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 $37,312 $3,152,452 $1,576,226 $1,576,226
2024 $37,312 $3,090,640 $1,545,320 $1,545,320
2023 $36,765 $3,030,040 $1,515,020 $1,515,020
2022 $36,342 $2,970,628 $1,485,314 $1,485,314
2021 $35,627 $2,912,382 $1,456,191 $1,456,191
2020 $34,850 $2,882,520 $1,441,260 $1,441,260
2019 $34,467 $2,826,000 $1,413,000 $1,413,000
2018 $24,281 $1,993,132 $996,566 $996,566
2017 $23,854 $1,954,052 $977,026 $977,026
2016 $23,227 $1,915,738 $957,869 $957,869
2015 $23,000 $1,886,962 $943,481 $943,481
2014 $21,039 $1,717,558 $858,779 $858,779
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tricia Soliz

    Compass

  • M

    Seller Co-Listing Agent in 2018

    Michael Hall

    Compass

    Section Image
  • John Chung

    Buyer's Agent in 2018

    John Chung

    Keller Williams Palo Alto

    (650) 269-7538

    76 Total Sales

    John Chung
    Section Image

  • B

    Seller's Agent in 2014

    Barry Chang

    Better Home & Loan

    (408) 996-9000

    1 in this area

    9 Total Sales

    Barry Chang
    Section Image
  • Lan Bowling

    Buyer's Agent in 2014

    Lan Bowling

    Keller Williams Palo Alto

    (650) 520-3407

    101 Total Sales

    Lan Bowling
    Section Image
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Map

Source: MLSListings

MLS Number: ML81711331

MLSListings

APN: 148-42-122

California Santa Clara County Palo Alto 94306 Charleston Meadows

428 Alder Ln, Palo Alto, CA

This home is located at 428 Alder Ln, Palo Alto, CA 94306 since 21 June 2018 and is currently estimated at $3,760,236, approximately $1,308 per square foot. This property was built in 2008. 428 Alder Ln 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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