Seller's Agent in 2022
Adela Gildo-Mazzon
Compass
(650) 714-0537
1 in this area
32 Total Sales
437 Homer Ave Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $1,174,306 - $1,364,000
2
Beds
1
Bath
820
Sq Ft
$406/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Wood Flooring
- Balcony
- Addison Elementary School Rated A+
- Granite Countertops
- 3-minute walk to Heritage Park
About This Home
As of June 2022Live a life of California ease and sophistication! Fabulously stylish 2 bd/1 ba condo located in the heart of downtown Palo Alto. Enter from a tree-lined street into a chic open plan living, dining and kitchen area with lofty ceilings and expansive skylights. A wood-burning fireplace draws the eye to striking black & white tiles set against warm wood floors. French doors lead to a patio for al fresco dining and lush yard. Updated contemporary kitchen features stainless steel appliances and granite counters with an open bar area. 2 comfortable bedrooms share a tastefully elegant bathroom with combo tub & shower. Washer/dryer conveniently hidden in a hall closet. 2 parking spaces and designated storage room in the gated underground parking garage. Minutes from conveniences including Whole Foods Market, dining and entertainment on University Ave., and Stanford Shopping Center. Palo Alto Caltrain Station is a short distance away.
Last Buyer's Agent
Trish Eby
KW Advisors License #01920615
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,244
Year Built
- 1981
Lot Details
- Security Fence
- Gated Home
HOA Fees
- $406 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Metal Roof
- Foam Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 820 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Double Pane Windows
- Combination Dining and Living Room
Kitchen
- Breakfast Bar
- Electric Oven
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Home Security
Parking
- Garage
- 2 Carport Spaces
- Garage Door Opener
- Electric Gate
- Secured Garage or Parking
- On-Street Parking
- Assigned Parking
Additional Features
- Balcony
- Radiant Heating System
Community Details
Overview
- Association fees include common area electricity, garbage, maintenance - common area, water
- 12 Units
- Cedar Terraces Association
Additional Features
- Courtyard
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 20, 2022
Sold by
Oya Gulurn
Bought by
Prakash Jyotsna Sharon
Seller's Agent
Adela Gildo-Mazzon
Compass
Buyer's Agent
Trish Eby
KW Advisors
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
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
$152,396
Avg. Annual Appreciation
2.38%
Original Mortgage
$750,000
Outstanding Balance
$716,478
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$521,009
Purchase Details
Closed on
Aug 17, 2017
Sold by
Gulum Oya and Thomson Clar Oya
Bought by
Gulum Oya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2010
Sold by
Stern Michael
Bought by
Thomson Clark Oya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2003
Sold by
Stern Michael and Leventhal Stern Barbara
Bought by
Stern Michael and Leventhal Stern Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 2001
Sold by
Tan Dorothy Swee Kiang
Bought by
Stern Michael and Leventhal Stern Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.98%
Purchase Details
Closed on
Sep 4, 1996
Sold by
Cetrulo Curtis L and Cetrulo Erik
Bought by
Tan Dorothy Swee Kiang
Purchase Details
Closed on
Aug 22, 1994
Sold by
Donnelly Judith Andrea
Bought by
Cetrulo Curtis L and Cetrulo Erik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.5%
Purchase Details
Closed on
Aug 12, 1994
Sold by
Cetrulo Theresa
Bought by
Cetrulo Curtis L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.5%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prakash Jyotsna Sharon | $1,150,000 | Chicago Title | |
| Gulum Oya | -- | Chicago Title Company | |
| Thomson Clark Oya | $560,000 | First American Title Company | |
| Stern Michael | -- | -- | |
| Stern Michael | -- | Financial Title Company | |
| Tan Dorothy Swee Kiang | $240,000 | Santa Clara Land Title Co | |
| Cetrulo Curtis L | $215,000 | Santa Clara Land Title | |
| Cetrulo Curtis L | -- | Santa Clara Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prakash Jyotsna Sharon | $750,000 | |
| Previous Owner | Gulum Oya | $100,000 | |
| Previous Owner | Gulum Oya | $424,000 | |
| Previous Owner | Thomson Clark Oya | $100,000 | |
| Previous Owner | Thomson Clark Oya | $467,000 | |
| Previous Owner | Thomson Clark Oya | $476,000 | |
| Previous Owner | Stern Michael | $212,000 | |
| Previous Owner | Stern Michael | $205,000 | |
| Previous Owner | Cetrulo Curtis L | $172,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $1,150,000 | -4.2% | $1,402 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $1,200,000 | -- | $1,463 / 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 | $14,244 | $1,130,000 | $565,000 | $565,000 |
| 2023 | $13,645 | $1,075,000 | $537,500 | $537,500 |
| 2022 | $8,963 | $681,158 | $340,579 | $340,579 |
| 2021 | $8,785 | $667,802 | $333,901 | $333,901 |
| 2020 | $8,616 | $660,956 | $330,478 | $330,478 |
| 2019 | $8,515 | $647,998 | $323,999 | $323,999 |
| 2018 | $8,296 | $635,294 | $317,647 | $317,647 |
| 2017 | $8,148 | $622,838 | $311,419 | $311,419 |
| 2016 | $7,929 | $610,626 | $305,313 | $305,313 |
| 2015 | $7,846 | $601,454 | $300,727 | $300,727 |
| 2014 | $7,613 | $589,674 | $294,837 | $294,837 |
Source: Public Records
Agents Affiliated with this Home
-
-
T
Buyer's Agent in 2022
Trish Eby
KW Advisors
Map
Source: MLSListings
MLS Number: ML81885850
APN: 120-16-083
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