520 Channing Ave Palo Alto, CA 94301
University South Neighborhood
3
Beds
2.5
Baths
1,580
Sq Ft
$678/mo
HOA Fee
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 2022Smart 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 Agent to Sell the Property
Keller Williams Palo Alto License #01119425 Listed on: 11/29/2021
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,108
Avg. Annual Appreciation
-0.59%
Original Mortgage
$600,000
Outstanding Balance
$553,683
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$1,875,209
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
Similar Home in Palo Alto, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,480,000 | Chicago Title | |
| Grant Deed | $2,150,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $150,000 | Unknown |
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
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
-
Seller's Agent in 2022
Vic Spicer
Keller Williams Palo Alto
(650) 255-5007
3 in this area
6 Total Sales
-
Buyer's Agent in 2022
Jing Liu
AEZ Investment, Inc.
(408) 816-4513
1 in this area
1 Total Sale
-
M
Seller's Agent in 2015
Megan Tierney
Keller Williams Palo Alto
-
M
Buyer's Agent in 2015
Marian Chaney
Keller Williams Palo Alto
Map
Source: MLSListings
MLS Number: ML81871197
APN: 120-05-093
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