NOT LISTED FOR SALE

459 Homer Ave Unit 8 Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $2,222,774 - $2,357,000

3 Beds
2.5 Baths
1,465 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $2,000,000 $1,365 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,547/month

Highlights

  • Private Pool
  • Wood Flooring
  • Eat-In Kitchen
  • Addison Elementary School Rated A+
  • 2 Car Attached Garage
  • 4-minute walk to Heritage Park

About This Home

As of March 2023

End-unit townhome 3 blocks to shopping and dining on University Avenue. Spacious central living/dining room with expansive windows on one wall and wide sliding glass doors on the opposite wall opening to a private patio overlooking the pool. Living room with wood-burning fireplace, floor-to-ceiling open shelving, track lighting and crown moldings. Large kitchen with granite slab countertops, subway-set backsplashes, tile flooring and stainless steel appliances. master bedroom suite with carpeting, closet with cedar flooring. Lower level laundry room. Attached 2-car garage with driveway parking for two more cars. Just steps to the gated community pool. Convenient location 5 mile to Caltrain, one mile to Stanford University, and less than 2 miles to Hwy 101.Excellent Palo Alto Schools -at lease one year lease. - Property available now - Security deposit: One month rent - Tenants to pay for ALL Utilities: Gas, Electricity, Internet, Water, Garbage - Tenants to carry renter's insurance

Last Agent to Rent the Property

Yifang Yang

Compass License #01371905 Listed on: 12/14/2022

Compass

Last Renter's Agent

Yifang Yang

Compass License #01371905 Listed on: 12/14/2022

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,698

Year Built

  • 1974

Lot Details

  • 684

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Private Pool
  • 684 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $5,200
  • Property Available on 1/6/23
  • 12-Month Minimum Lease Term

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,698

Year Built

1974

Lot Details

0

Parking

2

Rental Info

  • Available: 01/06/2023
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 5200

Listing Details

  • Subclass: Townhouse For Rent
  • Age: 48
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1465
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1974

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1465
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0157
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 685.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 14, 2017
Sold by
Fiedel Noah R and Fiedel Anita
Bought by
Yang Runhua and Wang Jing
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
Coco Tan
Keller Williams Realty-Silicon Valley
List Price
$1,798,000
Sold Price
$2,000,000
Premium/Discount to List
$202,000
11.23%
Current Estimated Value
$2,306,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,258
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,300,000
Outstanding Balance
$1,105,540
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,200,718

Purchase Details

Closed on
May 31, 2005
Sold by
Kim Wan Hee and Kim Chung Sook
Bought by
Fiedel Noah R and Fiedel Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,950
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2023 03/09/23 Rented $5,000 +1.0% --
03/09/2023 03/09/23 Under Contract -- -- --
02/19/2023 02/19/23 For Rent $4,950 0.0% --
02/03/2023 02/03/23 Off Market $4,950 -- --
02/01/2023 02/01/23 Price Changed $4,950 -4.8% $3 / Sq Ft
01/16/2023 01/16/23 Price Changed $5,200 -5.5% $4 / Sq Ft
01/06/2023 01/06/23 Price Changed $5,500 -5.2% $4 / Sq Ft
12/14/2022 12/14/22 For Rent $5,800 0.0% --
06/19/2017 06/19/17 Sold $2,000,000 +11.2% $1,365 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,798,000 -- $1,227 / 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 $27,698 $2,321,168 $1,160,584 $1,160,584
2024 $27,698 $2,275,656 $1,137,828 $1,137,828
2023 $27,291 $2,231,036 $1,115,518 $1,115,518
2022 $26,976 $2,187,292 $1,093,646 $1,093,646
2021 $26,446 $2,144,404 $1,072,202 $1,072,202
2020 $25,902 $2,122,416 $1,061,208 $1,061,208
2019 $25,616 $2,080,800 $1,040,400 $1,040,400
2018 $24,915 $2,040,000 $1,020,000 $1,020,000
2017 $13,549 $1,080,632 $540,466 $540,166
2016 $13,190 $1,059,444 $529,869 $529,575
2015 $13,057 $1,043,531 $521,910 $521,621
2014 $12,740 $1,023,091 $511,687 $511,404
Source: Public Records

Agents Affiliated with this Home

  • Yifang Yang

    Landlord's Agent in 2023

    Yifang Yang

    Compass

    (408) 674-4418

    281 Total Sales

    Yifang Yang
    Section Image
  • David Troyer

    Seller's Agent in 2017

    David Troyer

    Intero Real Estate Services

    (650) 440-5076

    363 Total Sales

    David Troyer
    Section Image
  • Coco Tan

    Buyer's Agent in 2017

    Coco Tan

    Keller Williams Realty-Silicon Valley

    (408) 861-8821

    454 Total Sales

    Coco Tan
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81914831

MLSListings

APN: 120-42-008

California Santa Clara County Palo Alto 94301 University South

459 Homer Ave Unit 8, Palo Alto, CA

This home is located at 459 Homer Ave Unit 8, Palo Alto, CA 94301 since 14 December 2022 and is currently priced at $2,306,258. This property was built in 1974. 459 Homer Ave Unit 8 is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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