NOT LISTED FOR SALE

561 Thain Way Unit 59 Palo Alto, CA 94306

Barron Park Neighborhood

Estimated Value: $1,643,000 - $2,118,000

2 Beds
2 Baths
1,445 Sq Ft
$782/mo HOA Fee

Last Sold September 22, 2017

Last sale price $1,600,000 $1,107 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,128/month

7 Days on Market

Highlights

  • Community Cabanas
  • Sauna
  • Vaulted Ceiling
  • Juana Briones Elementary School Rated A+
  • Clubhouse
  • Granite Countertops

About This Home

As of September 2017

Wonderful, spacious Barron Square condominium home boasts dynamic architecture, stylish updates. Nestled amongst majestic oaks, this top-floor one-level open floor plan features updated kitchen opening to separate dining room & living room w/ cathedral ceiling, fireplace. Kitchen updates include new appliances & granite counters. Bamboo floors grace the living areas. Grand master suite w/ cathedral ceiling & large walk-in closet. Large second bedroom near full hall bath. Skylights in entry & kitchen, decks off living room, dining room, bedrooms. Separate inside laundry/storage room w/ full size washer/dryer. 1-car garage + assigned space next to unit, and common area parking. Abundant storage in unit & garage. Beautiful grounds w/ desirable amenities including pool, clubhouse, tennis court. Convenient location w/ proximity to shopping, restaurants, California Avenue, Downtown PA, LA & MV, Stanford and commute routes. HOA has very strong reserves. Outstanding Palo Alto schools.

Last Agent to Sell the Property

Dan Ziony

Coldwell Banker Realty License #01380339 Listed on: 08/16/2017

Coldwell Banker Realty

Last Buyer's Agent

Tim Foy

Midtown Realty License #00849721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,472

Year Built

  • Built in 1980

Lot Details

  • 4,421

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Sauna

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Cabana
  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 137-32-059

Community Details

Overview

  • Association fees include decks, exterior painting, insurance, insurance - earthquake, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof
  • 65 Units
  • Barron Square Association
  • Built by Barron Square

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Cabanas
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,472

Year Built

Built in 1980

Lot Details

0

HOA Fees

$782 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 37
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 65
  • Structure Sq Ft: 1445
  • Complex Name: Barron Square
  • Year Built: 1980
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1445
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - In Ground, Spa / Hot Tub, Steam Room or Sauna
  • Roof: Tile
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 782
  • HOA Amenities: Cabana, Club House, Community Pool, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Decks, Exterior Painting, Insurance, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Barron Square
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Parcel Number: 137-32-059
  • Lot Acres: 0.1015
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4422.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4422.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Juana Briones Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 13, 2017
Sold by
Brown Clifford A and Brown Joyce M
Bought by
Traynor Andrea
Seller's Agent
Dan Ziony
Coldwell Banker Realty
Buyer's Agent
Tim Foy
Midtown Realty
List Price
$1,298,000
Sold Price
$1,600,000
Premium/Discount to List
$302,000
23.27%
Current Estimated Value
$1,799,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,823
Avg. Annual Appreciation
1.54%
Original Mortgage
$250,000
Interest Rate
3.89%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2013
Sold by
Brown Clifford A and Brown Joyce M
Bought by
Brown Clifford A and Brown Joyce M

Purchase Details

Closed on
Jan 25, 2013
Sold by
Brown Clifford A
Bought by
Brown Clifford A

Purchase Details

Closed on
Feb 13, 2012
Sold by
Brown Clifford A
Bought by
Brown Clifford A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Brown Clifford
Bought by
Brown Clifford A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Brown Clifford A
Bought by
Brown Clifford A

Purchase Details

Closed on
Mar 3, 2005
Sold by
Powars Charles
Bought by
Brown Clifford A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2004
Sold by
Powars Charles
Bought by
Powars Charles
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
Traynor Andrea $1,600,000 Old Republic Title Company
Brown Clifford A -- None Available
Brown Clifford A -- None Available
Brown Clifford A -- Chicago Title
Brown Clifford A -- Chicago Title
Brown Clifford A -- Chicago Title Company
Brown Clifford A -- Accommodation
Brown Clifford -- Chicago Title Company
Brown Clifford A -- None Available
Brown Clifford A $749,000 Financial Title Company
Powars Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrea J Traynor Living Trust $350,000
Closed Traynor Andrea $250,000
Open Traynor Andrea $900,000
Previous Owner Brown Clifford A $308,000
Previous Owner Brown Clifford $308,000
Previous Owner Brown Clifford A $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $1,600,000 +23.3% $1,107 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $1,298,000 -- $898 / 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 $18,472 $1,450,000 $725,000 $725,000
2024 $18,472 $1,490,000 $745,000 $745,000
2023 $19,252 $1,749,830 $874,915 $874,915
2022 $21,360 $1,715,520 $857,760 $857,760
2021 $20,940 $1,681,884 $840,942 $840,942
2020 $20,513 $1,664,640 $832,320 $832,320
2019 $20,285 $1,632,000 $816,000 $816,000
2018 $19,735 $1,600,000 $800,000 $800,000
2017 $11,495 $899,574 $420,361 $479,213
2016 $11,191 $881,936 $412,119 $469,817
2015 $11,078 $868,689 $405,929 $462,760
2014 $10,795 $851,674 $397,978 $453,696
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Ziony

    Coldwell Banker Realty

    Section Image
  • Tim Foy

    Buyer's Agent in 2017

    Tim Foy

    Midtown Realty

    (650) 387-5078

    3 in this area

    94 Total Sales

    Tim Foy
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81674249

MLSListings

APN: 137-32-059

California Santa Clara County Palo Alto 94306 Barron Park

561 Thain Way Unit 59, Palo Alto, CA

This home is located at 561 Thain Way Unit 59, Palo Alto, CA 94306 since 16 August 2017 and is currently estimated at $1,799,823, approximately $1,245 per square foot. This property was built in 1980. 561 Thain Way Unit 59 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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