NOT LISTED FOR SALE

480 E Okeefe St Unit 204 East Palo Alto, CA 94303

Estimated Value: $500,000 - $722,000

1 Bed
1 Bath
619 Sq Ft
$385/mo HOA Fee

Last Sold November 12, 2019

Last sale price $540,000 $872 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,191/month

122 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Granite Countertops
  • Menlo-Atherton High School Rated A
  • 0.71 Acre Lot
  • Recreation Facilities

About This Home

As of November 2019

Don't miss this rare opportunity to purchase on the west side of Highway 101 with an East Palo Alto price tag. Located in a safe and picturesque Menlo Park-adjacent neighborhood conveniently located next to the Four Seasons Hotel on University Avenue. Minutes to Facebook, Google, and downtown Palo Alto. Recently remodeled kitchen and bathroom. Relax in this west-facing balcony and windows that overlook trees and a well-maintained neighboring community garden for excellent afternoon light. Park in your dedicated carport in the gated parking lot with storage locker and plenty of guest parking. Building has 11 guest parking spaces in total. Two locked bike rooms and two laundry rooms in building. Common area in the back includes a patio underneath a canopy of mature redwood trees. Homeowners' Association is well-managed and financially responsible. Why rent when you can buy this wonderful opportunity in the thriving peninsula.

Last Agent to Sell the Property

Jesse Gutierrez

Golden Gate Sotheby's International Realty License #01187448 Listed on: 06/14/2019

Last Buyer's Agent

Jesse Gutierrez

Golden Gate Sotheby's International Realty License #01187448 Listed on: 06/14/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1981

Lot Details

  • North Facing Home

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 619 Sq Ft Home
  • 1-Story Property
  • Security Gate

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 111-470-040

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area
  • 36 Units
  • Whispering Pines HOA
  • Built by Whispering Pines HOA

Amenities

  • Common Utility Room
  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,422

Year Built

Built in 1981

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Age: 38
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 619
  • Complex Name: Whispering Pines HOA
  • Year Built: 1981
  • Zoning Description: R300S1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Granite, Exhaust Fan, Island, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 619
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Property Faces: North

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Guest / Visitor Parking, Off-Street Parking, On Street

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 385
  • HOA Amenities: Additional Storage, BBQ Area, Common Utility Room, Community Security Gate, Elevator, Recreation Room
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area
  • H O A Name Text: Whispering Pines HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 111-470-040
  • Lot Acres: 0.7115
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30995.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30995.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Nov 4, 2019
Sold by
Wright Michael K
Bought by
Kelsey Deborah Jean
Seller's Agent
Jesse Gutierrez
Golden Gate Sotheby's International Realty
Buyer's Agent
Jesse Gutierrez
Golden Gate Sotheby's International Realty
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$584,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,939
Avg. Annual Appreciation
1.65%
Original Mortgage
$405,000
Outstanding Balance
$357,834
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$235,881

Purchase Details

Listed on
Oct 11, 2014
Closed on
Jan 2, 2015
Sold by
Hung George and Hung Pamela
Bought by
Wright Michael K
Seller's Agent
George Hung
GHI Realty
Buyer's Agent
Jesse Gutierrez
Vision Real Estate
List Price
$358,000
Sold Price
$320,000
Premium/Discount to List
-$38,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$256,000
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2006
Sold by
Collins James F
Bought by
Hung George and Hung Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Boulianne Stephanie L
Bought by
Collins Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2000
Sold by
Spencer John L and Spencer Celeste M
Bought by
Boulianne Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1994
Sold by
Spencer John L and Spencer Celeste M
Bought by
Spencer John L and Spencer Celeste M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,450
Interest Rate
8.3%
Mortgage Type
FHA
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

Purchase History

Date Buyer Sale Price Title Company
Kelsey Deborah Jean $540,000 Fidelity National Title Co
Wright Michael K $320,000 Fidelity National Title Co
Hung George $270,000 Fidelity National Title Co
Collins Christopher J $195,000 Chicago Title Co
Boulianne Stephanie L $136,000 Fidelity National Title Co
Spencer John L -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelsey Deborah Jean $405,000
Previous Owner Wright Michael K $246,000
Previous Owner Wright Michael K $256,000
Previous Owner Hung George $196,000
Previous Owner Hung George $175,500
Previous Owner Hung George $175,500
Previous Owner Collins Christopher J $156,000
Previous Owner Boulianne Stephanie L $129,200
Previous Owner Spencer John L $76,000
Previous Owner Spencer John L $74,450
Closed Collins Christopher J $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $540,000 -1.6% $872 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
09/24/2019 09/24/19 Price Changed $549,000 -1.8% $887 / Sq Ft
08/20/2019 08/20/19 Price Changed $559,000 -1.8% $903 / Sq Ft
06/14/2019 06/14/19 For Sale $569,000 +77.8% $919 / Sq Ft
01/07/2015 01/07/15 Sold $320,000 -10.6% $517 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
10/11/2014 10/11/14 For Sale $358,000 -- $578 / 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 $7,422 $500,000 $149,500 $350,500
2023 $7,422 $567,635 $170,290 $397,345
2022 $6,938 $556,505 $166,951 $389,554
2021 $6,809 $545,594 $163,678 $381,916
2020 $6,733 $540,000 $162,000 $378,000
2019 $4,694 $344,764 $103,429 $241,335
2018 $4,598 $338,004 $101,401 $236,603
2017 $4,459 $331,377 $99,413 $231,964
2016 $4,464 $324,880 $97,464 $227,416
2015 $4,260 $307,000 $92,099 $214,901
2014 $3,879 $275,000 $82,000 $193,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81756704

MLSListings

APN: 111-470-040