NOT LISTED FOR SALE

Estimated Value: $1,540,000 - $1,895,000

2 Beds
2.5 Baths
1,554 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $1,600,000 $1,030 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,474/month

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Loft
  • Palo Verde Elementary School Rated A+
  • Wood Flooring
  • Walk-In Closet

About This Home

As of October 2023

A true Midtown beauty! This bright & open townhome is nestled in a coveted neighborhood in the heart of Palo Alto! Loads of charm & appeal invite you to this elegant home. Ground floor boasts an open floor plan, gleaming hardwood floors, modern lighting, newer plumbing fixtures, marble fireplace & hearth. Cozy kitchen opens to the dining & family room, all leading to the tranquil backyard, ideal for entertainment & family gatherings. Second level is highlighted by 2 large en suites, contemporary style featuring soaring ceilings, abundance of natural light. Other features include walk-in closet, laundry w/organizer, under-staircase pantry, garage elevator & extra storage space in parking area. Third floor loft can be 3rd bedroom or zoom room. Beautifully maintained complex with verdant landscaping, pool, bike storage & spa. Centrally located near parks, shops, supermarket, Palo Alto schools, library & easy access to Stanford, downtown & Major highways. Award-winning Palo Alto schools.

Last Agent to Sell the Property

Alan Feldman

Coldwell Banker Realty License #01323368 Listed on: 09/13/2023

Coldwell Banker Realty

Co-Listed By

Rebecca Yen

Coldwell Banker Realty License #01712606

Last Buyer's Agent

Mika Glass

Intero Real Estate Services License #01929228

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,764

Year Built

  • Built in 1985

Lot Details

  • 2,091

HOA Fees

  • $900 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 1,554 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Security Gate

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces
  • Secured Garage or Parking

Pool

  • In Ground Pool
  • In Ground Spa

Listing and Financial Details

  • Assessor Parcel Number 127-64-008

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, hot water, insurance, insurance - common area, insurance - earthquake, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, water
  • 27 Units
  • Loma Verde Townhomes Association
  • Built by Loma Verde Townhomes Association

Additional Features

  • Common Utility Room
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,764

Year Built

Built in 1985

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • Subclass: Townhouse
  • Age: 38
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1554
  • Complex Name: Loma Verde Townhomes Association
  • Year Built: 1985
  • Zoning Description: RM15
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1554
  • Stories: 3
  • Security: Fire System - Sprinkler, Secured Garage / Parking
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - In Ground, Spa - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 900
  • HOA Amenities: Common Utility Room
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Hot Water, Insurance, Insurance - Common Area, Insurance - Earthquake, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: Loma Verde Townhomes Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Vaulted Ceiling, Walk-in Closet

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

  • Parcel Number: 127-64-008
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 590.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 590.00

Multi Family

  • Utilities: Public Utilities

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
Sep 13, 2023
Closed on
Oct 10, 2023
Sold by
Tan Family Trust
Bought by
Pandey Baladitya and Pandey Nivedita
Seller's Agent
Alan Feldman
Coldwell Banker Realty
Buyer's Agent
Mika Glass
Intero Real Estate Services
List Price
$1,598,000
Sold Price
$1,600,000
Premium/Discount to List
$2,000
0.13%
Total Days on Market
0
Views
86
Current Estimated Value
$1,768,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,464
Avg. Annual Appreciation
6.37%
Original Mortgage
$727,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2023
Sold by
Tan Eugenio Ty
Bought by
Tan Family Trust

Purchase Details

Closed on
Jul 19, 2006
Sold by
Fung Franklin E and Fung Josephine Y
Bought by
Tan Eugenio T and Tan Maria Alessandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,500
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1998
Sold by
Costa Anita K
Bought by
Fung Franklin E and Fung Josephine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 8, 1998
Sold by
Dilbeck Ken
Bought by
Costa Anita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 11, 1995
Sold by
Berard Deborah W
Bought by
Costa Anita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.12%
Source: Public Records

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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
Pandey Baladitya $1,600,000 Old Republic Title
Tan Family Trust -- None Listed On Document
Tan Eugenio T $778,000 Old Republic Title Company
Fung Franklin E $410,000 First American Title Guarant
Costa Anita K -- First American Title Guarant
Costa Anita K $300,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pandey Baladitya $600,000
Closed Pandey Baladitya $727,000
Previous Owner Tan Eugenio T $583,500
Previous Owner Fung Franklin E $500,000
Previous Owner Fung Franklin E $150,000
Previous Owner Fung Franklin E $245,700
Previous Owner Fung Franklin E $250,000
Previous Owner Costa Anita K $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $1,600,000 +0.1% $1,030 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,598,000 -- $1,028 / 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 $19,764 $1,600,000 $800,000 $800,000
2023 $12,660 $991,566 $495,783 $495,783
2022 $12,510 $972,124 $486,062 $486,062
2021 $12,264 $953,064 $476,532 $476,532
2020 $12,022 $943,292 $471,646 $471,646
2019 $11,886 $924,798 $462,399 $462,399
2018 $11,573 $906,666 $453,333 $453,333
2017 $11,369 $888,890 $444,445 $444,445
2016 $11,068 $871,462 $435,731 $435,731
2015 $10,956 $858,372 $429,186 $429,186
2014 $10,675 $841,558 $420,779 $420,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941703

MLSListings

APN: 127-64-008