NOT LISTED FOR SALE

678 Webster St Unit 2 Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $2,126,000 - $2,365,000

3 Beds
2.5 Baths
1,552 Sq Ft
1,263 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $1,870,000 $1,205 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $14,328/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Skylights
  • Addison Elementary School Rated A+
  • Subterranean Parking
  • Double Pane Windows

About This Home

As of April 2014

Updated downtown Palo Alto condominium on 2 stylish levels. Granite and cherry-stained kitchen, open living/dining room ensemble. Anderson windows, fireplace, inside washer/dryer. Updated baths, paint, light fixtures. Pretty private patio with fresh landscaping. Relaxing master with jetted tub. Home office in one bedroom. Fantastic location near the best of Palo Alto and top schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/12/2014

Last Buyer's Agent

Miles McCormick

Keller Williams Palo Alto License #01184883

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,461

Year Built

  • Built in 1976

Lot Details

  • 1,263

Parking

  • Subterranean Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 120-46-002

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, water, garbage, insurance - common area, insurance - earthquake, insurance - liability
  • None Manager Janet Ulevich Association

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,461

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 38
  • Sale Price Per Sq Ft: 1204.90
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 1552
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 4
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J4
  • Year Built: 1976
  • Zoning Description: RM3
  • 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: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet
  • Living Sq Ft: 1552
  • Stories: 1
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Heating - 2+ Zones, Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 200
  • HOA Amenities: Additional Storage
  • Association Fees Include: Landscaping / Gardening, Water, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability
  • H O A Name Text: NONE Manager - Janet Ulevich
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-46-002
  • Lot Location: Corner
  • List Price per Sq Ft: 836.34
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1260.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1260.00
  • Lot Size Area Min Search: 1260.00
  • Maximum Lot Size: 1260.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Yau Olivia C and Yau Ian B
Bought by
Lin Bo and Liu Fang
Current Estimated Value
$2,225,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,928,000
Outstanding Balance
$1,830,246
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$421,959

Purchase Details

Listed on
Mar 12, 2014
Closed on
Apr 7, 2014
Sold by
Gandel Christine N
Bought by
Lau Olivia C and Yohai Ian B
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Miles McCormick
Keller Williams Palo Alto
List Price
$1,298,000
Sold Price
$1,870,000
Premium/Discount to List
$572,000
44.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$1,120,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2012
Sold by
Gandel Christine N
Bought by
Gandel Christine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Gandel Christine N
Bought by
Gandel Christine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,600
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Gandel Christine N
Bought by
Gandel Christine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Gandel Christine
Bought by
Gandel Christine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,088
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Schwartz Judy L
Bought by
Gandel Frederic and Gandel Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Schwartz Judy L
Bought by
Schwartz Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.75%

Purchase Details

Closed on
May 26, 2001
Sold by
Schwartz Judy L
Bought by
Schwartz Judy L

Purchase Details

Closed on
Jul 15, 1996
Sold by
Schwartz Judy L
Bought by
Schwartz Judy L

Purchase Details

Closed on
Sep 23, 1994
Sold by
Fattlar Kenneth M
Bought by
Schwartz Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.25%

Purchase Details

Closed on
Sep 21, 1994
Sold by
Wadlewski John A
Bought by
Schwartz Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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
Lin Bo $2,410,000 Old Republic Title
Lau Olivia C $1,870,000 Chicago Title Company
Gandel Christine N -- First American Title Company
Gandel Christine N -- First American Title Company
Gandel Christine N -- Old Republic Title Company
Gandel Christine N -- Old Republic Title Company
Gandel Christine N -- Old Republic Title Company
Gandel Christine N -- Old Republic Title Company
Gandel Christine N -- None Available
Gandel Frederic -- Chicago Title
Schwartz Judy L -- New Century Title Company
Schwartz Judy L -- New Century Title Company
Schwartz Judy L -- Old Republic Title Company
Schwartz Judy L -- --
Schwartz Judy L -- Chicago Title Insurance Co
Schwartz Judy L $307,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Bo $1,928,000
Previous Owner Lau Olivia C $1,120,000
Previous Owner Gandel Christine N $614,478
Previous Owner Gandel Christine N $289,500
Previous Owner Gandel Christine N $234,600
Previous Owner Gandel Christine N $239,500
Previous Owner Gandel Christine N $27,088
Previous Owner Gandel Christine N $355,000
Previous Owner Gandel Frederic $600,000
Previous Owner Schwartz Judy L $250,000
Previous Owner Schwartz Judy L $275,000
Previous Owner Schwartz Judy L $75,000
Previous Owner Schwartz Judy L $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $1,870,000 +44.1% $1,205 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $1,298,000 -- $836 / 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 $24,461 $2,000,000 $1,000,000 $1,000,000
2023 $23,619 $2,458,200 $1,229,100 $1,229,100
2022 $26,570 $2,160,136 $1,080,068 $1,080,068
2021 $26,046 $2,117,782 $1,058,891 $1,058,891
2020 $25,510 $2,096,068 $1,048,034 $1,048,034
2019 $25,226 $2,054,970 $1,027,485 $1,027,485
2018 $24,535 $2,014,678 $1,007,339 $1,007,339
2017 $24,103 $1,975,176 $987,588 $987,588
2016 $23,470 $1,936,448 $968,224 $968,224
2015 $23,240 $1,907,362 $953,681 $953,681
2014 $11,614 $927,860 $463,930 $463,930
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2014

    Michael Repka

    Deleon Realty

    (650) 488-7325

    20 in this area

    782 Total Sales

    Section Image
  • Miles McCormick

    Buyer's Agent in 2014

    Miles McCormick

    Keller Williams Palo Alto

    (650) 400-1001

    5 Total Sales

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Map

Source: MLSListings

MLS Number: ML81407757

MLSListings

APN: 120-46-002

California Santa Clara County Palo Alto 94301 University South

678 Webster St Unit 2, Palo Alto, CA

This home is located at 678 Webster St Unit 2, Palo Alto, CA 94301 since 12 March 2014 and is currently estimated at $2,233,015, approximately $1,438 per square foot. This property was built in 1976. 678 Webster St Unit 2 is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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