NOT LISTED FOR SALE

557 Thain Way Palo Alto, CA 94306

Barron Park Neighborhood

Estimated Value: $1,645,386 - $1,851,000

2 Beds
2 Baths
1,629 Sq Ft
4,225 Sq Ft Lot

Last Sold October 23, 2014

Last sale price $1,075,000 $660 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,690/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Sauna
  • Juana Briones Elementary School Rated A+
  • Living Room with Fireplace
  • High Ceiling

About This Home

As of October 2014

Quiet and spacious top floor condo in desirable Barron Square surrounded by lush landscape. Freshly painted, soaring ceilings, kitchen opens to living room with fireplace and deck that overlooks the pool, sep dining room, oversized laundry room/pantry, central forced air heat, 1 car enclosed garage. Complex features pool, spa, tennis court and clubhouse. Excellent Palo Alto schools.

Last Agent to Sell the Property

Wendi Selig-Aimonetti

Coldwell Banker License #01001476 Listed on: 09/22/2014

Coldwell Banker

Last Buyer's Agent

Cesar Cervantes

Coldwell Banker Realty License #01752329

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,880

Year Built

  • Built in 1980

Lot Details

  • 4,225

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,629 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 137-32-058

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, maintenance - unit yard, common area electricity, common area gas, insurance - common area, insurance - liability
  • Pml Mgmt Association
  • Built by Barron Square

Amenities

  • Sauna

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,880

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Modern / High Tech, Contemporary
  • Age: 34
  • Sale Price Per Sq Ft: 659.91
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1629
  • Complex Name: Barron Square
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 811
  • Thomas Brothers: C2
  • Year Built: 1980
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, 220 Volt Outlet
  • Living Sq Ft: 1629
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Laminate
  • Additional Rooms: Utility Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 694
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility, Cable/ Satellite TV
  • HOA Documents: Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Maintenance - Unit Yard, Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: PML MGMT
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), High Ceiling, Balcony/Patio

Schools

  • School District: Palo Alto Unified
  • High School: Henry M. Gunn High
  • High School: 325

Lot Info

  • Parcel Number: 137-32-058
  • List Price per Sq Ft: 643.95
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Skylight

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • High School Text: Henry M. Gunn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 20, 2014
Sold by
Boston Private Bank & Trust Company
Bought by
Ming Liu & Jane Yi Meng Liu Revocable Tr and Meng Jane Yi
Seller's Agent
Wendi Selig-Aimonetti
Coldwell Banker
Buyer's Agent
Cesar Cervantes
Coldwell Banker Realty
List Price
$1,049,000
Sold Price
$1,075,000
Premium/Discount to List
$26,000
2.48%
Current Estimated Value
$1,734,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,347
Avg. Annual Appreciation
4.59%
Original Mortgage
$860,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2005
Sold by
Gustafson Donna J
Bought by
Gustafson Donna J
Source: Public Records

Range of Values:

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Average Value
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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
Ming Liu & Jane Yi Meng Liu Revocable Tr $1,074,750 First American Title Company
Gustafson Donna J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Ming $841,000
Closed Ming Liu & Jane Yi Meng Liu Revocable Tr $860,000
Previous Owner Gustafson Donna J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $1,075,000 +2.5% $660 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $1,049,000 -- $644 / 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 $14,880 $1,291,976 $645,988 $645,988
2024 $14,880 $1,266,644 $633,322 $633,322
2023 $14,662 $1,241,808 $620,904 $620,904
2022 $14,495 $1,217,460 $608,730 $608,730
2021 $14,208 $1,193,590 $596,795 $596,795
2020 $13,906 $1,181,352 $590,676 $590,676
2019 $14,575 $1,158,190 $579,095 $579,095
2018 $14,184 $1,135,482 $567,741 $567,741
2017 $14,016 $1,113,218 $556,609 $556,609
2016 $13,646 $1,091,392 $545,696 $545,696
2015 $13,510 $1,075,000 $537,500 $537,500
2014 $5,390 $394,798 $197,295 $197,503
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wendi Selig-Aimonetti

    Coldwell Banker

    Section Image

  • C

    Buyer's Agent in 2014

    Cesar Cervantes

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81434665

MLSListings

APN: 137-32-058

California Santa Clara County Palo Alto 94306 Barron Park

557 Thain Way, Palo Alto, CA

This home is located at 557 Thain Way, Palo Alto, CA 94306 since 22 September 2014 and is currently estimated at $1,734,347, approximately $1,064 per square foot. This property was built in 1980. 557 Thain Way is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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