Seller's Agent in 2022
Mini Kalkat
Intero Real Estate Services
(650) 823-7835
1 in this area
141 Total Sales
457 Homer Ave Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $2,138,000 - $2,525,000
3
Beds
2.5
Baths
1,530
Sq Ft
$1,521/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Radiant Floor
- Marble Bathroom Countertops
- Addison Elementary School Rated A+
- Marble Countertops
- 3-minute walk to Heritage Park
About This Home
As of March 2022Rare combination of quiet serenity and amazing access to the best of Palo Alto. Quiet back corner unit with great light. Gleaming hardwood floors invite you to a spacious living/dining room with a marble fireplace, oversized window, and a french door opening to the back patio. Chefs kitchen boasts Viking and Bosch appliances, carrera countertops, shaker cabinets, and a butcher block island with a prep sink. Atrium style window bathes the bistro style dining area in beautiful light. The primary bedroom has a wall of windows overlooking the tree filled courtyard. The ensuite primary bath has marble countertops on a double sink vanity and a subway tiled walls. The two other bedrooms are served by an equally stylish hall bath. The back porch is wide enough for dining and lounging with friends. Secure and gated underground parking for two cars plus lockable storage closet. Outstanding walk score of 92 - minutes to shops, dining, schools, parks, train, Stanford. Excellent Palo Alto schools.
Last Agent to Sell the Property
Intero Real Estate Services License #01112790 Listed on: 02/16/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $31,290
Year Built
- 1981
Lot Details
- 662 Sq Ft Lot
HOA Fees
- $730 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Electric Gate
- Secured Garage or Parking
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,530 Sq Ft Home
- 2-Story Property
- Skylights
- Garden Windows
- Living Room with Fireplace
- Combination Dining and Living Room
- Security Gate
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Marble Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- Marble Bathroom Countertops
- Dual Sinks
- Bathtub with Shower
- Bathtub Includes Tile Surround
Laundry
- Laundry in unit
- Washer and Dryer
Community Details
Overview
- Association fees include common area electricity, exterior painting, fencing, hot water, insurance - common area, maintenance - common area, management fee, reserves, roof, water / sewer
- 12 Units
- Cedar Terrace HOA
Security
- Controlled Access
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2022
Closed on
Mar 14, 2022
Sold by
Chen and Yang
Bought by
Lee Alexander H and Lim Kyuoke
Seller's Agent
Mini Kalkat
Intero Real Estate Services
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$2,248,000
Sold Price
$2,488,000
Premium/Discount to List
$240,000
10.68%
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
-$137,371
Avg. Annual Appreciation
-2.94%
Original Mortgage
$1,990,400
Outstanding Balance
$1,858,166
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$390,973
Purchase Details
Closed on
Aug 28, 2017
Sold by
Egbert Michael A and Egbert Brandi A
Bought by
Chen Long and He Yang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2005
Sold by
Egbert Michael A and Egbert Brandi A
Bought by
Egbert Michael A and Egbert Brandi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
May 16, 2005
Sold by
Shortliffe Edward Hance
Bought by
Egbert Michael A and Egbert Brandi A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 30, 1998
Sold by
Costigan Peter D
Bought by
Shortliffe Edward Hance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
Purchase Details
Closed on
Jul 27, 1998
Sold by
Murray Janet L
Bought by
Costigan Peter D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Alexander H | $2,488,000 | First American Title | |
| Chen Long | $1,900,000 | First American Title Company | |
| Egbert Michael A | -- | First American Title Company | |
| Egbert Michael A | $900,000 | First American Title Company | |
| Shortliffe Edward Hance | $607,000 | First American Title Guarant | |
| Costigan Peter D | -- | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Alexander H | $1,990,400 | |
| Previous Owner | Chen Long | $1,427,000 | |
| Previous Owner | Chen Long | $1,460,000 | |
| Previous Owner | Chen Long | $1,470,000 | |
| Previous Owner | Chen Long | $1,520,000 | |
| Previous Owner | Egbert Brandi A | $500,000 | |
| Previous Owner | Egbert Michael A | $470,000 | |
| Previous Owner | Egbert Michael A | $720,000 | |
| Previous Owner | Egbert Michael A | $90,000 | |
| Previous Owner | Shortliffe Edward Hance | $250,000 | |
| Previous Owner | Shortliffe Edward Hance | $240,000 | |
| Closed | Shortliffe Edward Hance | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $2,488,000 | +10.7% | $1,626 / Sq Ft |
| 02/23/2022 02/23/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $2,248,000 | -- | $1,469 / 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 | $31,290 | $2,588,514 | $1,294,257 | $1,294,257 |
| 2023 | $30,829 | $2,537,760 | $1,268,880 | $1,268,880 |
| 2022 | $25,106 | $2,037,182 | $1,018,591 | $1,018,591 |
| 2021 | $24,611 | $1,997,238 | $998,619 | $998,619 |
| 2020 | $24,105 | $1,976,760 | $988,380 | $988,380 |
| 2019 | $23,837 | $1,938,000 | $969,000 | $969,000 |
| 2018 | $23,185 | $1,900,000 | $950,000 | $950,000 |
| 2017 | $13,635 | $1,080,932 | $540,466 | $540,466 |
| 2016 | $13,275 | $1,059,738 | $529,869 | $529,869 |
| 2015 | $13,143 | $1,043,820 | $521,910 | $521,910 |
| 2014 | $12,826 | $1,023,374 | $511,687 | $511,687 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Julie Lau
Coldwell Banker Realty
(650) 752-0745
3 in this area
57 Total Sales
Map
Source: MLSListings
MLS Number: ML81878561
APN: 120-16-093
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