NOT LISTED FOR SALE

480 E Okeefe St Unit 309 East Palo Alto, CA 94303

Estimated Value: $441,000 - $690,000

1 Bed
1 Bath
542 Sq Ft
$425/mo HOA Fee

Last Sold February 24, 2022

Last sale price $470,000 $867 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,745/month

47 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Gated Home
  • Menlo-Atherton High School Rated A
  • Electric Gate
  • North Facing Home

About This Home

As of February 2022

This is a very good starter home and great price for the area. A walk to downtown Palo Alto is easy. High ceiling, a spacious bedroom and bath. The kitchen with stainless steel appliances quartz countertop and eating area. This is a good opportunity to get in the market. Perfect for a first time buyer. New Apartment building will be built next door.

Last Agent to Sell the Property

Shawnna Sullivan

Coldwell Banker Realty License #00856563 Listed on: 12/11/2021

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,415

Year Built

  • 1981

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 542 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Electric Gate
  • Assigned Parking

Additional Features

  • Energy-Efficient Insulation
  • Wall Furnace

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, hot water, insurance, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee
  • Whispering Pines Association

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,415

Year Built

1981

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Zoning: R300S1
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Number Restrictions
  • Age: 40
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 542
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat In Kitchen
  • Living Sq Ft: 542
  • Stories: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Tile
  • Fencing: Fenced, Gate
  • Property Faces: North
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Electric Gate
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Whispering Pines
  • HOA Fees: 425
  • HOA Documents: Articles Of Incorporation, Budget
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Hot Water, Insurance, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: Whispering Pines

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level

Green Features

  • Energy Features: Insulation - Unknown

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Other Unit Below, Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Feb 17, 2022
Sold by
Kristofer Carlson
Bought by
Ajay K Gandhi And Charu Gupta Ab Living Trust and Gupta Charu
Seller's Agent
Shawnna Sullivan
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Current Estimated Value
$511,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,017
Avg. Annual Appreciation
3.80%
Original Mortgage
$338,400
Outstanding Balance
$273,177
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$262,275

Purchase Details

Closed on
Oct 27, 2021
Sold by
Mcguire Sandra and Thomas Edwin Huff Living Trust
Bought by
Carlson Kristopher

Purchase Details

Closed on
Jul 28, 2021
Sold by
Edwin Huff Thomas
Bought by
Thomas Edwin Huff Living Trust

Purchase Details

Closed on
Nov 2, 2015
Sold by
Saberi James
Bought by
Huff Thomas Edwin

Purchase Details

Closed on
Sep 1, 2015
Sold by
Kautz Joseph
Bought by
Saberi James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,259
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2007
Sold by
Faltz Jennifer E
Bought by
Kautz Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,620
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2000
Sold by
Leo Faasolo Oto
Bought by
Faltz Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1995
Sold by
Faasolo Velonika M
Bought by
Faasolo Oto Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1995
Sold by
Federal National Mortgage Association
Bought by
Faasolo Oto Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1994
Sold by
Federal National Mortgage Association
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ajay K Gandhi And Charu Gupta Ab Living Trust $470,000 Lawyers Title
Carlson Kristopher -- None Available
Thomas Edwin Huff Living Trust -- --
Huff Thomas Edwin -- None Available
Saberi James $304,000 Cornerstone Title Company
Kautz Joseph $269,000 First American Title Co
Faltz Jennifer E $150,000 Chicago Title Co
Faasolo Oto Leo -- Fidelity National Title
Faasolo Oto Leo $42,500 Fidelity National Title Ins
Federal National Mortgage Association $60,787 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajay K Gandhi And Charu Gupta Ab Living Trust $338,400
Previous Owner Saberi James $305,259
Previous Owner Kautz Joseph $263,620
Previous Owner Faltz Jennifer E $20,000
Previous Owner Faltz Jennifer E $95,000
Previous Owner Faltz Jennifer E $10,000
Previous Owner Faltz Jennifer E $70,000
Previous Owner Faasolo Oto Leo $75,000
Previous Owner Faasolo Oto Leo $17,500
Previous Owner Faasolo Oto Leo $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $470,000 -1.1% $867 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $475,000 -5.0% $876 / Sq Ft
01/21/2022 01/21/22 For Sale $500,000 0.0% $923 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $500,000 0.0% $923 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $500,000 -- $923 / 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 $6,415 $498,765 $149,629 $349,136
2023 $6,415 $435,000 $130,500 $304,500
2022 $5,941 $465,120 $139,536 $325,584
2021 $4,486 $332,464 $99,738 $232,726
2020 $4,437 $329,056 $98,716 $230,340
2019 $4,447 $322,605 $96,781 $225,824
2018 $4,355 $316,281 $94,884 $221,397
2017 $4,225 $310,080 $93,024 $217,056
2016 $4,234 $304,000 $91,200 $212,800
2015 $4,116 $293,987 $88,194 $205,793
2014 $3,604 $250,000 $74,500 $175,500
Source: Public Records

Agents Affiliated with this Home

  • Shawnna Sullivan

    Seller's Agent in 2022

    Shawnna Sullivan

    Coldwell Banker Realty

    (650) 716-7303

    1 in this area

    45 Total Sales

    Shawnna Sullivan
    Section Image

  • R

    Buyer's Agent in 2022

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81872382

MLSListings

APN: 111-470-270

California San Mateo County East Palo Alto 94025

480 E Okeefe St Unit 309, East Palo Alto, CA

This home is located at 480 E Okeefe St Unit 309, East Palo Alto, CA 94303 since 11 December 2021 and is currently estimated at $511,017, approximately $942 per square foot. This property was built in 1981. 480 E Okeefe St Unit 309 is a home located in San Mateo County with nearby schools including Menlo-Atherton High School, KIPP Valiant Community Prep, and East Palo Alto Academy.

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