NOT LISTED FOR SALE

Estimated Value: $1,158,000 - $1,554,000

2 Beds
1.5 Baths
1,263 Sq Ft
$675/mo HOA Fee

Last Sold July 05, 2018

Last sale price $1,488,000 $1,178 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,174/month

14 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Bathtub with Shower
  • Addison Elementary School Rated A+
  • Open to Family Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Stunning 2 bedroom, 1.5 bath condo in a residential neighborhood steps to downtown Palo Alto. This condo features a remodeled kitchen with cherry cabinets, granite countertops, and Jenn-Air stainless steel appliances. This home also has brand new engineered hardwood flooring throughout with carpet in the bedrooms. Both bathrooms have been remodeled. This building has only 10 private units, a shared underground garage, and extra storage unit. This unit looks out over University Avenue and is walking distance to all of the amazing restaurants and shopping downtown Palo Alto has to offer. Do not miss this Palo Alto gem!

Last Agent to Sell the Property

Sean Proctor

Sean Proctor Real Estate License #01749721 Listed on: 05/25/2018

Last Buyer's Agent

Edward Mak

Alliance Bay Realty License #02017552

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,009

Year Built

  • Built in 1963

Lot Details

  • 1,028

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Mansard Roof Shape
  • Elastomeric Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,263 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003-62-004

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance, landscaping / gardening, maintenance - common area, reserves, water
  • 10 Units
  • Chantilly Home Owners Association
  • Built by Chantilly

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,009

Year Built

Built in 1963

Lot Details

0

HOA Fees

$675 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Property Condition: Built / Remodeled Green
  • Age: 55
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 10
  • Structure Sq Ft: 1263
  • Complex Name: Chantilly
  • Year Built: 1963
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Ice Maker, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1263
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Elastomeric, Mansard

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 675
  • HOA Amenities: Additional Storage, BBQ Area
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance, Landscaping / Gardening, Maintenance - Common Area, Reserves, Water
  • H O A Name Text: Chantilly Home Owners Association
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 003-62-004
  • Lot Acres: 0.0236
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1027.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1027.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Yin Rongmao
Bought by
Fulton St Apt Llc
Total Days on Market
14
Current Estimated Value
$1,306,272

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 13, 2018
Sold by
Frumkin Michael N and Falco Christina T
Bought by
Yin Rongmao
Seller's Agent
Sean Proctor
Sean Proctor Real Estate
Buyer's Agent
Edward Mak
Alliance Bay Realty
List Price
$1,548,000
Sold Price
$1,488,000
Premium/Discount to List
-$60,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Frumkin Michael N and Falco Christina T
Bought by
Frumkin Michael N and Falco Christina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2000
Sold by
Brown Pauline Trustee
Bought by
Frumkin Michael N and Falco Christina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.86%
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
Fulton St Apt Llc -- None Available
Yin Rongmao $1,488,000 Chicago Title Co
Frumkin Michael N -- --
Frumkin Michael N $498,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frumkin Michael N $259,800
Previous Owner Frumkin Michael N $265,000
Previous Owner Frumkin Michael N $265,000
Previous Owner Frumkin Michael N $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $1,488,000 -3.9% $1,178 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $1,548,000 -- $1,226 / 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
2024 $14,009 $1,110,000 $555,000 $555,000
2023 $16,714 $1,335,000 $667,500 $667,500
2022 $19,558 $1,564,150 $782,075 $782,075
2021 $19,173 $1,533,482 $766,741 $766,741
2020 $18,784 $1,517,760 $758,880 $758,880
2019 $18,575 $1,488,000 $744,000 $744,000
2018 $8,663 $659,494 $329,747 $329,747
2017 $8,510 $646,564 $323,282 $323,282
2016 $8,202 $633,888 $316,944 $316,944
2015 $8,198 $624,368 $312,184 $312,184
2014 $7,961 $612,138 $306,069 $306,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81707131

MLSListings

APN: 003-62-004