NOT LISTED FOR SALE

453 E Okeefe St Unit 308 East Palo Alto, CA 94303

Estimated Value: $983,000 - $1,167,000

3 Beds
2 Baths
1,767 Sq Ft
$345/mo HOA Fee

Last Sold January 03, 2022

Last sale price $1,000,000 $566 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,327/month

12 Days on Market

Highlights

  • Breakfast Area or Nook
  • Subterranean Parking
  • Combination Dining and Living Room
  • Menlo-Atherton High School Rated A
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of January 2022

Updated Condo With 3 Bedrooms, An Office / Den, And 2 Full Bathrooms - New Appliances - Washer And Dryer IN-UNIT - Granite Counter-Top Throughout Kitchen & Bathrooms - Grand Master Suite With 2 Spacious Closets - Large Living Room Space With High Ceilings - Bright Natural Lighting Throughout The Condo - Double-Pane Windows & Blinds In All Rooms - Two Garaged Parking Spaces - Elevator To All Floors - Guest Parking & Street Parking Available - Location: Right Off Hwy 101 @ University Avenue, Palo Alto. - Close Proximity To University Avenue, Downtown Palo Alto, Google HQ, Facebook HQ, Oracle HQ, Four Seasons Hotel, Stanford Shopping Center, Stanford University, And More...

Last Agent to Sell the Property

Alex Tai

KW Advisors License #02025613 Listed on: 11/18/2021

KW Advisors

Last Buyer's Agent

Alex Tai

KW Advisors License #70010220

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,587

Year Built

  • 2003

Lot Details

  • 0.69

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,767 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include common area electricity, common area gas, garbage, insurance - common area, maintenance - common area, reserves, roof, water / sewer
  • West Palm Gardens Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,587

Year Built

2003

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 1767
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, Dining Area In Living Room, Eat In Kitchen, No Formal Dining Room
  • Living Sq Ft: 1767
  • Stories: 1
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 345
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Maintenance - Common Area, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: West Palm Gardens

Schools

  • School District: Sequoia Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 20, 2021
Sold by
Benjamin Tai
Bought by
Rao Shailendra and Parekh Hiral
Seller's Agent
Alex Tai
KW Advisors
Buyer's Agent
Alex Tai
KW Advisors
List Price
$899,000
Sold Price
$1,000,000
Premium/Discount to List
$101,000
11.23%
Total Days on Market
12
Current Estimated Value
$1,060,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,949
Avg. Annual Appreciation
-0.75%
Original Mortgage
$768,000
Outstanding Balance
$717,374
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$257,164

Purchase Details

Closed on
Sep 4, 2020
Sold by
Tai Michelle I F Yu and Yu Michelle I
Bought by
Tai Michelle I F Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2020
Sold by
Tai Rebecca
Bought by
Tai Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2020
Sold by
Tai Benjamin and Tai Alexander
Bought by
Tai Benjamin and Tai Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Tai Patrick C
Bought by
Alexander Tai Benjamin and Alexander Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hayworth Robert J and Hayworth Sarita
Bought by
Alexander Tai Benjamin and Alexander Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
West Palm Llc
Bought by
Hayworth Robert J and Hayworth Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Rao Shailendra $1,000,000 Lawyers Title
Tai Alexander -- Wfg National Title Ins Co
Tai Benjamin $110,000 Wfg National Title Ins Co
Alexander Tai Benjamin -- First American Title
Alexander Tai Benjamin $579,000 First American Title
Hayworth Robert J $539,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Shailendra $768,000
Previous Owner Tai Benjamin $330,000
Previous Owner Alexander Tai Benjamin $420,000
Previous Owner Hayworth Robert J $431,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $1,000,000 +11.2% $566 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $899,000 -- $509 / 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
2023 $12,587 $1,020,000 $306,000 $714,000
2022 $8,841 $730,979 $219,289 $511,690
2021 $8,674 $716,647 $214,990 $501,657
2020 $8,575 $709,300 $212,786 $496,514
2019 $8,601 $695,393 $208,614 $486,779
2018 $8,439 $681,759 $204,524 $477,235
2017 $8,159 $668,392 $200,514 $467,878
2016 $8,105 $655,287 $196,583 $458,704
2015 $7,981 $645,445 $193,631 $451,814
2014 $5,944 $463,000 $138,500 $324,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81870579

MLSListings

APN: 114-160-280