$1,450,000
SOLD JUN 15, 2015
3 Beds
2.5 Baths
1,554 Sq Ft
2,091 Sq Ft Lot

Recently Sold

$933 Per Sq Ft

47% Above List Price

35 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Sauna
  • Palo Verde Elementary School Rated A+
  • Vaulted Ceiling
  • Loft

About This Home

As of June 2015

Centrally located condo in peaceful setting. 3 bed/2.5 bath condo with 1,554 sq. ft. Main level houses informal dining area with dry bar, sunken living room with fireplace, and kitchen with granite-tiled counters, pull-out pantry, s/s appliances. Laundry closet, master with walk-in closet, and bedroom with bathroom access are upstairs. Top-level bedroom/family room. Beautiful, private complex steps from Philz Coffee, near Route 101, Hoover Park, and Baylands.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/30/2015

Last Buyer's Agent

Jennifer Buenrostro

Compass License #01733750

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,956

Year Built

  • Built in 1985

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,554 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Loft

Kitchen

  • Electric Oven
  • <<selfCleaningOvenToken>>
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • <<tubWithShowerToken>>
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • Electric Gate

Pool

  • In Ground Pool
  • Fence Around Pool
  • Spa

Utilities

  • Zoned Heating
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Additional Features

  • Balcony
  • Mostly Level

Listing and Financial Details

  • Assessor Parcel Number 127-64-021

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, garbage, hot water, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves
  • 27 Units
  • Loma Verde Townhomes Association

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,956

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Pets - Allowed
  • Age: 30
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1554
  • Year Built: 1985
  • Zoning Description: R3GD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Self Cleaning, Oven Range - Electric, Pantry Cabinet
  • Living Sq Ft: 1554
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler
  • Laundry: Dryer, Hookup - Electric, Upper Floor, Washer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - Fenced, Pool - In Ground, Spa / Hot Tub
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Electric Gate, Underground Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Electric, Individual Room Controls
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 665
  • HOA Amenities: Additional Storage, Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Loma Verde Townhomes
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 127-64-021
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jun 8, 2015
Sold by
Lee Eunhan and Noh Younghee
Bought by
Marzano Jeanne
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Jennifer Buenrostro
Compass
List Price
$988,000
Sold Price
$1,450,000
Premium/Discount to List
$462,000
46.76%
Current Estimated Value
$1,948,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,849
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Dec 28, 2006
Sold by
Dochez Jerome and Figurska Olena
Bought by
Lee Eunhan and Noh Younghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Pennington Simon and Autumn Bryony
Bought by
Dochez Jerome and Figurska Olena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2001
Sold by
Suzuki Therese Whang
Bought by
Pennington Simon and Autumn Bryony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
6.75%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Whang Therese
Bought by
Suzuki Therese Whang
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,450,000 Chicago Title Company
Grant Deed -- Old Republic Title Company
Grant Deed $625,000 Stewart Title Of California
Grant Deed $462,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $213,000 Credit Line Revolving
Previous Owner $450,000 New Conventional
Previous Owner $497,000 Purchase Money Mortgage
Previous Owner $168,000 Credit Line Revolving
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $392,000 Unknown
Previous Owner $392,000 Unknown
Previous Owner $369,600 No Value Available
Closed $23,100 No Value Available
Closed $93,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $1,450,000 +46.8% $933 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $988,000 -- $636 / 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 $20,956 $1,708,506 $854,253 $854,253
2023 $20,645 $1,675,006 $837,503 $837,503
2022 $20,403 $1,642,164 $821,082 $821,082
2021 $20,001 $1,609,966 $804,983 $804,983
2020 $19,593 $1,593,458 $796,729 $796,729
2019 $19,373 $1,562,214 $781,107 $781,107
2018 $18,847 $1,531,584 $765,792 $765,792
2017 $18,515 $1,501,554 $750,777 $750,777
2016 $18,027 $1,472,112 $736,056 $736,056
2015 $10,809 $852,795 $406,889 $445,906
2014 $10,528 $836,091 $398,919 $437,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81467178

MLSListings

APN: 127-64-021