431 Alder Ln Palo Alto, CA 94306
Charleston Meadows Neighborhood
3
Beds
2.5
Baths
2,050
Sq Ft
1,394
Sq Ft Lot
Highlights
- Cabana
- Wood Flooring
- Den
- Juana Briones Elementary School Rated A+
- Granite Countertops
- Formal Dining Room
About This Home
As of March 2020Detached single family in the most desirable location of prestigious Arbor Real community, overlooking a huge, beautiful lawn area in the center of the complex. Rare corner unit that receives a plenty of sunlight. Upgraded hardwood floors, open and spacious living room with fireplace, gourmet chef's kitchen, in-ceiling speakers, a spacious patio. Master bedroom with a luxurious en suite bathroom. 3 bedrooms and a cozy office space on the second floor. Resort-like setting with great amenities such as pool, playground, picnic area with BBQ. Excellent Palo Alto Schools.
Last Agent to Sell the Property
Keller Williams Palo Alto License #01917059 Listed on: 03/30/2016
Last Buyer's Agent
Grace Pak
Keller Williams Realty-Silicon Valley License #01189509
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,925
Year Built
- Built in 2008
Lot Details
- 1,394 Sq Ft Lot
- Zoning described as C3S
Parking
- 2 Car Garage
Home Design
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,050 Sq Ft Home
- 2-Story Property
- Fireplace With Gas Starter
- Formal Dining Room
- Den
- Wood Flooring
- Washer and Dryer
Kitchen
- Open to Family Room
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Dual Sinks
- Bathtub
Home Security
- Alarm System
- Fire Sprinkler System
Pool
- Cabana
- Private Pool
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number 148-42-118
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common area electricity, insurance - common area, maintenance - common area, pool spa or tennis
- Arbor Real Association
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2020
Closed on
Mar 12, 2020
Sold by
Kim Jong Yoon and Kim Dongyoun
Bought by
Ramanadan Arvind and Ramachandra Anupama
Seller's Agent
Jinny Ahn
Coldwell Banker Realty
Buyer's Agent
Eli Beyder
Compass
List Price
$2,398,000
Sold Price
$2,620,000
Premium/Discount to List
$222,000
9.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,620
Avg. Annual Appreciation
4.90%
Original Mortgage
$2,000,000
Outstanding Balance
$1,739,602
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$1,645,622
Purchase Details
Listed on
Mar 30, 2016
Closed on
May 24, 2016
Sold by
Kang Yoon Seok and Choe Sung Eun
Bought by
Kim Jong Yoon and Kim Dongyoun
Seller's Agent
Mi Young Lee
Keller Williams Palo Alto
Buyer's Agent
Grace Pak
Keller Williams Realty-Silicon Valley
List Price
$2,100,000
Sold Price
$2,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$1,300,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 8, 2009
Sold by
Western Pacific Housing Inc
Bought by
Kang Yoon Seok and Choe Sung Eun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,620,000 | Chicago Title Company | |
| Grant Deed | $2,100,000 | Chicago Title Company Pa Kr | |
| Grant Deed | $1,192,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $1,300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $384,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $600,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2020 03/30/20 | Sold | $2,620,000 | +9.3% | $1,278 / Sq Ft |
| 03/05/2020 03/05/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $2,398,000 | +14.2% | $1,170 / Sq Ft |
| 06/02/2016 06/02/16 | Sold | $2,100,000 | 0.0% | $1,024 / Sq Ft |
| 04/30/2016 04/30/16 | Pending | -- | -- | -- |
| 04/27/2016 04/27/16 | For Sale | $2,100,000 | 0.0% | $1,024 / Sq Ft |
| 04/27/2016 04/27/16 | Price Changed | $2,100,000 | +2.4% | $1,024 / Sq Ft |
| 04/07/2016 04/07/16 | Pending | -- | -- | -- |
| 03/30/2016 03/30/16 | For Sale | $2,050,000 | -- | $1,000 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $33,925 | $2,809,164 | $1,404,582 | $1,404,582 |
| 2023 | $33,425 | $2,754,084 | $1,377,042 | $1,377,042 |
| 2022 | $33,038 | $2,700,084 | $1,350,042 | $1,350,042 |
| 2021 | $32,387 | $2,647,142 | $1,323,571 | $1,323,571 |
| 2020 | $27,594 | $2,273,106 | $1,136,553 | $1,136,553 |
| 2019 | $27,288 | $2,228,536 | $1,114,268 | $1,114,268 |
| 2018 | $26,538 | $2,184,840 | $1,092,420 | $1,092,420 |
| 2017 | $26,072 | $2,142,000 | $1,071,000 | $1,071,000 |
| 2016 | $15,966 | $1,296,246 | $648,123 | $648,123 |
| 2015 | $15,807 | $1,276,776 | $638,388 | $638,388 |
| 2014 | $15,446 | $1,251,766 | $625,883 | $625,883 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2020
Jinny Ahn
Coldwell Banker Realty
-
E
Buyer's Agent in 2020
Eli Beyder
Compass
-
Seller's Agent in 2016
Mi Young Lee
Keller Williams Palo Alto
(650) 468-0607
2 Total Sales
-
G
Buyer's Agent in 2016
Grace Pak
Keller Williams Realty-Silicon Valley
Map
Source: MLSListings
MLS Number: ML81577719
APN: 148-42-118
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