Seller's Agent in 2021
Larry Liu
Compass
(408) 221-6457
1 in this area
60 Total Sales
558 Forest Ave Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $1,490,863 - $1,670,000
2
Beds
1.5
Baths
1,152
Sq Ft
$1,400/Sq Ft
Est. Value
Highlights
- Skyline View
- Wood Flooring
- Balcony
- Addison Elementary School Rated A+
- Corian Countertops
- 1 Car Detached Garage
About This Home
As of May 2021COMPLETELY DETACHED UNIT nestled in the rear of an 8-unit complex in the most desired spot in Palo Alto. Open the sliding door and you can step into your very own mini-oasis backyard. Take a quick 3-minute stroll and you'll be right on the vibrant University Avenue, near Stanford, hi-tech companies, start-ups, and top Palo Alto schools. 1 car garage plus 1 parking spot. Both spacious bedrooms have vaulted ceilings, one of which with a large sliding door to the balcony. Recessed lights, fresh paint, new ½ bathroom, new floor, and stairs. A truly hidden gem that offers serenity, privacy, and proximity to perhaps the most unbeatable neighborhood in Silicon Valley!
Last Buyer's Agent
Joyce Zhao
Compass License #01958319
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $18,178
Year Built
- 1978
Lot Details
- 571 Sq Ft Lot
- No Common Walls
- Southwest Facing Home
- Fenced
- Sprinklers on Timer
- Back Yard
HOA Fees
- $500 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Parking Deck
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,152 Sq Ft Home
- 2-Story Property
- Skylights
- Family or Dining Combination
- Storage Room
- Wood Flooring
- Skyline Views
Kitchen
- Open to Family Room
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Corian Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Flush Toilets
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer Hookup
Utilities
- Heating Available
- Separate Meters
- 220 Volts
- Individual Gas Meter
Additional Features
- Balcony
- 12 SF Accessory Dwelling Unit
Community Details
Overview
- Association fees include common area electricity, exterior painting, fencing, insurance - common area, maintenance - common area, maintenance - exterior, management fee, reserves, roof
- 8 Units
- Forest Homes Association
- Car Wash Area
- Greenbelt
Pet Policy
- Pets Allowed
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 10, 2022
Sold by
Yao Lu
Bought by
Lu Yao and Zhao Ran
Current Estimated Value
Purchase Details
Listed on
Apr 9, 2021
Closed on
May 5, 2021
Sold by
Spim Judith
Bought by
Lu Yao and Zhao Ran
Seller's Agent
Larry Liu
Compass
Buyer's Agent
Joyce Zhao
Compass
List Price
$1,399,000
Sold Price
$1,540,000
Premium/Discount to List
$141,000
10.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,232,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 19, 2005
Sold by
Delahunt James A and Sherwood Kaitlin D
Bought by
Spirn Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 10, 2003
Sold by
Delahunt James A and Sherwood Kaitlin D
Bought by
Delahunt James A and Sherwood Kaitlin D
Purchase Details
Closed on
Sep 6, 2001
Sold by
Delahunt James A
Bought by
Delahunt James A and Sherwood Kaitlin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7%
Purchase Details
Closed on
Oct 26, 1993
Sold by
Whitin Holly Watson
Bought by
Delahunt James A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
4.5%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lu Yao | -- | -- | |
| Lu Yao | $1,540,000 | Chicago Title Company | |
| Spirn Judith | -- | Old Republic Title Company | |
| Delahunt James A | -- | -- | |
| Delahunt James A | -- | American Title Co | |
| Delahunt James A | $301,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lu Yao | $1,232,000 | |
| Previous Owner | Spirn Judith | $400,076 | |
| Previous Owner | Spirn Judith | $400,000 | |
| Previous Owner | Spirn Judith | $100,000 | |
| Previous Owner | Spirn Judith | $500,000 | |
| Previous Owner | Delahunt James A | $225,000 | |
| Previous Owner | Delahunt James A | $240,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2021 05/21/21 | Sold | $1,540,000 | +10.1% | $1,337 / Sq Ft |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $1,399,000 | -- | $1,214 / 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 |
|---|---|---|---|---|
| 2025 | $18,178 | $1,605,000 | $802,500 | $802,500 |
| 2024 | $18,178 | $1,465,000 | $732,500 | $732,500 |
| 2023 | $17,481 | $1,400,000 | $700,000 | $700,000 |
| 2022 | $19,637 | $1,570,800 | $785,400 | $785,400 |
| 2021 | $7,725 | $571,750 | $324,657 | $247,093 |
| 2020 | $7,579 | $565,889 | $321,329 | $244,560 |
| 2019 | $7,491 | $554,794 | $315,029 | $239,765 |
| 2018 | $7,302 | $543,916 | $308,852 | $235,064 |
| 2017 | $7,173 | $533,252 | $302,797 | $230,455 |
| 2016 | $6,981 | $522,797 | $296,860 | $225,937 |
| 2015 | $6,908 | $514,945 | $292,401 | $222,544 |
| 2014 | $6,692 | $504,859 | $286,674 | $218,185 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Liu
-
J
Buyer's Agent in 2021
Joyce Zhao
Compass
Map
Source: MLSListings
MLS Number: ML81838403
APN: 120-55-005
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