NOT LISTED FOR SALE

480 E Okeefe St Unit 318 East Palo Alto, CA 94303

Estimated Value: $438,000 - $804,000

1 Bed
1 Bath
553 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $315,000 $570 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,812/month

14 Days on Market

Highlights

  • Breakfast Area or Nook
  • Central Heating
  • 1-Story Property
  • Menlo-Atherton High School Rated A

About This Home

As of July 2014

Beautiful upscale condo in desireable neighborhood. Move in ready.

Last Agent to Sell the Property

Griselda Valencia

PMZ Real Estate License #01912080 Listed on: 06/02/2014

PMZ Real Estate

Last Buyer's Agent

Michele Harkov

Compass License #01838875

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,096

Year Built

  • Built in 1981 | Remodeled

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Property Attached
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 553 Sq Ft Home
  • 1-Story Property
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Bedroom
  • Separate Shower

Additional Features

  • Lot Dimensions: 36
  • Central Heating

Community Details

  • Association fees include 0

Listing and Financial Details

  • Assessor Parcel Number 111-47-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,096

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$318 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: Condominium
  • Remodeled Updated: Yes
  • Year Built: 1981
  • Levels: MultiSplit
  • Stories: 1
  • Remodeled/Updated Desc: Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet,Laminate
  • Bathroom Features: Shower Stall(s)
  • Dining Room Features: Breakfast Nook
  • Room Type: Baths Other
  • Price Per Square Foot: 569.62
  • Square Footage: 553

Exterior Features

  • Construction Materials: Cement Siding,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 315000.00
  • Lot Features: Curb(s)/Gutter(s),Shape Regular
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Sewer: See Remarks
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Association Fee Includes: 0
  • Association: Yes

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R1
  • Lot Dimensions: .03x.036
  • Lot Size Sq Ft: 1

Tax Info

  • Assessor Parcel Number: 111-47-036
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jul 18, 2014
Sold by
Ching Luis Mankun and Chan Julia Lai I
Bought by
Covell Paul A and Hung Candy
Seller's Agent
Griselda Valencia
PMZ Real Estate
Buyer's Agent
Michele Harkov
Compass
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$563,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,297
Avg. Annual Appreciation
5.20%
Original Mortgage
$204,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
Beach Rebuilding Together Long
Bought by
Ching Luis Mankun and Chan Julia Lai I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,530
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Beach Rebuilding Together Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,806
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2011
Sold by
Baker Alliena P
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Chong Susan and Siu Connie
Bought by
Baker Alliena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 8, 2003
Sold by
Moeckli Randolph
Bought by
Chong Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Munz Michael and Coursey Loretta
Bought by
Siu Connie and Chong Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
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
Covell Paul A $315,000 Fidelity National Title Co
Ching Luis Mankun $131,500 Chicago Title Company
Beach Rebuilding Together Long $125,000 Ticor Title Tustin Orange Co
Jpmorgan Chase Bank National Association $125,000 None Available
Baker Alliena P $318,000 Commonwealth Land Title Co
Chong Susan -- First American Title Co
Siu Connie $187,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covell Paul A $187,000
Closed Covell Paul A $204,750
Previous Owner Ching Luis Mankun $98,530
Previous Owner Beach Rebuilding Together Long $44,806
Previous Owner Beach Rebuilding Together Long $75,000
Previous Owner Baker Alliena P $304,000
Previous Owner Baker Alliena P $37,990
Previous Owner Baker Alliena P $254,400
Previous Owner Siu Connie $149,600
Closed Siu Connie $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $315,000 0.0% $570 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $315,000 -- $570 / Sq Ft
Source: MetroList

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 $5,096 $378,574 $113,570 $265,004
2023 $5,096 $363,875 $109,161 $254,714
2022 $4,759 $356,741 $107,021 $249,720
2021 $4,674 $349,747 $104,923 $244,824
2020 $4,623 $346,162 $103,848 $242,314
2019 $4,634 $339,375 $101,812 $237,563
2018 $4,539 $332,721 $99,816 $232,905
2017 $4,402 $326,198 $97,859 $228,339
2016 $4,408 $319,803 $95,941 $223,862
2015 $4,348 $315,000 $94,500 $220,500
2014 $2,339 $134,738 $40,421 $94,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14034873

MetroList

APN: 111-470-360