NOT LISTED FOR SALE

Estimated Value: $2,255,000 - $2,634,784

3 Beds
2.5 Baths
1,580 Sq Ft
$1,570/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $2,480,000 $1,570 Per Sq Ft

Current estimated payment $17,171/month

16 Days on Market

Highlights

  • Deck
  • Radiant Floor
  • Neighborhood Views
  • Addison Elementary School Rated A+
  • End Unit
  • 4-minute walk to Scott Park

About This Home

As of January 2022

Smart Downtown Palo Alto Townhouse just three blocks walk to University Avenue. This near 1600 sq ft home has three bedrooms upstairs, all opening to tree lined patios. The master bath suite has double sinks plus a walk-in closet and the also spacious second bedroom also has a walk-in closet plus adjacent bathroom. Bedroom three could alternatively be a great office. Downstairs, there is a half bath adjacent to the living room. The downstairs living areas are light and bright with new paint and new hardwood flooring up and down plus a remodeled kitchen with new appliances. The home is an end unit, directly accessing Channing Avenue. Out front is a pleasant, fenced patio area accessible from either the dining area or the living room with screening trees providing privacy. Attached and opening to the kitchen area is a spacious two car garage. Excellent Palo Alto schools, with Addison Elementary within walking distance.

Last Listed By

Vic Spicer

Keller Williams Palo Alto License #01119425 Listed on: 11/29/2021

Keller Williams Palo Alto

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $31,274

Year Built

  • 1984

Lot Details

  • 1,102 Sq Ft Lot
  • End Unit
  • Northwest Facing Home
  • Gated Home
  • Fenced Front Yard

HOA Fees

  • $678 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Slab Foundation
  • Wood Frame Construction
  • Floor Insulation
  • Composition Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, maintenance - common area, management fee, reserves
  • Tri State Enterprises Association

Amenities

  • Courtyard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$31,274

Year Built

1984

Lot Details

0

HOA Fees

$678 per month

Parking

2

Listing Details

  • Zoning: RM2
  • Subclass: Townhouse
  • Style: Bungalow
  • Age: 37
  • Listing Class: Residential
  • Structure Sq Ft: 1580
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1984

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Garbage Disposal, Hood Over Range, Microwave, Oven - Electric, Oven Range, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 1580
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Half On Ground Floor, Primary - Stall Shower(s), Shower And Tub, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Courtyard, Deck, Fenced
  • Fencing: Fenced Front, Gate
  • Property Faces: Northwest
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 678
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Tri-State Enterprises

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0253
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1102.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1102.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Insulation - Floor, Walls Insulated

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit, Unit Faces Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 7, 2022
Sold by
Wang and Weiqing
Bought by
Lee Don Dong Cheng
Seller's Agent
Vic Spicer
Keller Williams Palo Alto
Buyer's Agent
Jing Liu
AEZ Investment, Inc.
List Price
$2,398,000
Sold Price
$2,480,000
Premium/Discount to List
$82,000
3.42%
Total Days on Market
16
Current Estimated Value
$2,480,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$946
Avg. Annual Appreciation
0.01%
Original Mortgage
$600,000
Outstanding Balance
$553,683
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$1,927,263

Purchase Details

Listed on
Mar 6, 2015
Closed on
Mar 4, 2015
Sold by
Eckert David B and Hansen Richard D
Bought by
Wang Jianping and Tang Weiqing
Seller's Agent
Megan Tierney
Keller Williams Palo Alto
Buyer's Agent
Marian Chaney
Keller Williams Palo Alto
List Price
$2,000,000
Sold Price
$2,150,000
Premium/Discount to List
$150,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Jul 18, 2006
Sold by
Eckert David B and Hansen Richard D
Bought by
Eckert David B and Hansen Richard D

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
Lee Don Dong Cheng $2,480,000 Chicago Title
Wang Jianping $2,150,000 Chicago Title Company
Eckert David B -- None Available
Eckert David B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Don Dong Cheng $600,000
Previous Owner Eckert David B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $2,480,000 +3.4% $1,570 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $2,398,000 +11.5% $1,518 / Sq Ft
03/06/2015 03/06/15 Sold $2,150,000 +7.5% $1,361 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $2,000,000 -- $1,266 / 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 $31,274 $2,580,192 $1,290,096 $1,290,096
2023 $30,815 $2,529,600 $1,264,800 $1,264,800
2022 $29,924 $2,434,930 $1,217,465 $1,217,465
2021 $29,336 $2,387,188 $1,193,594 $1,193,594
2020 $28,731 $2,362,712 $1,181,356 $1,181,356
2019 $28,414 $2,316,386 $1,158,193 $1,158,193
2018 $27,634 $2,270,968 $1,135,484 $1,135,484
2017 $27,150 $2,226,440 $1,113,220 $1,113,220
2016 $26,439 $2,182,786 $1,091,393 $1,091,393
2015 $6,422 $473,752 $236,876 $236,876
2014 $6,214 $464,472 $232,236 $232,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81871197

MLSListings

APN: 120-05-093