NOT LISTED FOR SALE

480 E Okeefe St Unit 217 East Palo Alto, CA 94303

Estimated Value: $469,605 - $605,000

1 Bed
1 Bath
613 Sq Ft
$450/mo HOA Fee

Last Sold November 14, 2022

Last sale price $460,000 $750 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,932/month

40 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Elevator
  • Menlo-Atherton High School Rated A
  • Neighborhood Views
  • Balcony

About This Home

As of November 2022

Whispering Pines, a small gated community of thirty six condominiums, on the west side of Highway 101, just north of the Four Seasons Hotel in East Palo Alto offers the perfect home for a first time buyer. Private and secluded in one of the best locations in the complex, this 1bed /1bath condo offers a spacious living/dining great room that opens to a balcony spanning the full length of the unit with views of a peaceful redwood grove. Beautifully refreshed with a remodeled kitchen and bath, this unit is an inviting, comfortable retreat. The secured, dedicated carport space with storage locker is conveniently located close to the unit, as is on site laundry. Rounding out this special offering is its proximity to Stanford University, top local technology companies, and the shops & restaurants of downtown Palo Alto. The new Woodland Park Community planned for next door is also a big plus. Don't miss this competitively priced condo--the ideal starter home in the heart of Silicon Valley!

Last Agent to Sell the Property

Colleen Foraker

Compass License #01349099 Listed on: 09/10/2022

Compass

Co-Listed By

Carolyn Keddington

Compass License #01490400

Last Buyer's Agent

Rajvi Rivero

Compass License #02084226

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,193

Year Built

  • Built in 1981

Lot Details

  • 0.71

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 613 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Balcony
  • Security Fence

Listing and Financial Details

  • Assessor Parcel Number 111-470-170

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, maintenance - common area, maintenance - exterior, management fee, reserves
  • 36 Units
  • Whispering Pines Homeowners Association
  • Built by Prestige Management Company

Amenities

  • Laundry Facilities
  • Common Utility Room
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,193

Year Built

Built in 1981

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 41
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 36
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 613
  • Complex Name: Prestige Management Company
  • Year Built: 1981
  • Zoning Description: R300S1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 613
  • Stories: 1
  • Security: Secured Garage / Parking, Security Fence
  • Laundry: Community Facility
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1

Exterior Features

  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Stucco

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Electric Gate, Gate / Door Opener, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Baseboard, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Common Utility Room, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves
  • H O A Name Text: Whispering Pines Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High
  • Middle School: Cesar Chavez Academy
  • High School: Menlo-Atherton High
  • High School: 658
  • Middle School: 620

Lot Info

  • Parcel Number: 111-470-170

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High
  • Middle School Text: Cesar Chavez Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 2, 2022
Sold by
Fitzgerald Real Estate Holdings Llc
Bought by
Shi Yilin
Seller's Agent
Colleen Foraker
Compass
Buyer's Agent
Rajvi Rivero
Compass
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Total Days on Market
40
Views
39
Current Estimated Value
$530,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,401
Avg. Annual Appreciation
5.67%
Original Mortgage
$297,065
Outstanding Balance
$289,281
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$241,120

Purchase Details

Listed on
Aug 12, 2014
Closed on
Sep 8, 2014
Sold by
Mcdonnel Steven J
Bought by
Fitzgerald Real Estate Holdings Llc
Seller's Agent
MARGARET CARDIEL
Realty One Group - World Properties
Buyer's Agent
Colleen Foraker
Golden Gate Sotheby's International Realty
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jan 9, 2007
Sold by
Mcdonnell Steven J
Bought by
Mcdonnell Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 28, 2003
Sold by
Mcdonnell Steven John
Bought by
Mcdonnell Steven J

Purchase Details

Closed on
Jan 27, 1995
Sold by
Hud
Bought by
Mcdonnell Steven John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1994
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 20, 1993
Sold by
Mulligan James P
Bought by
Love Jesshill E and Love Maureen A
Source: Public Records

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Range of Values:

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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
Shi Yilin $460,000 Old Republic Title
Fitzgerald Real Estate Holdings Llc $310,000 Old Republic Title Company
Mcdonnell Steven J -- Alliance Title Company
Mcdonnell Steven J -- Alliance Title Company
Mcdonnell Steven J -- --
Mcdonnell Steven John $52,000 North American Title Ins
Hud -- Fidelity National Title Ins
Love Jesshill E $90,346 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Yilin $297,065
Previous Owner Mcdonnell Steven J $190,000
Previous Owner Mcdonnell Steven J $57,400
Previous Owner Mcdonnell Steven John $150,000
Previous Owner Mcdonnell Steven J $50,000
Previous Owner Mcdonnell Steven John $35,000
Previous Owner Mcdonnell Steven John $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $460,000 -3.2% $750 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $475,000 +53.2% $775 / Sq Ft
09/12/2014 09/12/14 Sold $310,000 +3.3% $506 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
08/31/2014 08/31/14 For Sale $300,000 0.0% $489 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $300,000 -- $489 / 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 $6,193 $460,000 $138,000 $322,000
2022 $4,697 $351,078 $105,322 $245,756
2021 $4,613 $344,195 $103,257 $240,938
2020 $4,563 $340,667 $102,199 $238,468
2019 $4,574 $333,989 $100,196 $233,793
2018 $4,480 $327,441 $98,232 $229,209
2017 $4,345 $321,021 $96,306 $224,715
2016 $4,352 $314,727 $94,418 $220,309
2015 $4,293 $310,000 $93,000 $217,000
2014 $1,534 $68,488 $20,544 $47,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81906880

MLSListings

APN: 111-470-170