NOT LISTED FOR SALE

Estimated Value: $1,917,000 - $2,326,000

2 Beds
2.5 Baths
1,350 Sq Ft
$1,584/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $2,175,000 $1,611 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,765/month

5 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Quartz Countertops
  • Addison Elementary School Rated A+
  • High Ceiling
  • 2-minute walk to Heritage Park

About This Home

As of May 2023

Welcome to your dream home! Relax in the warm and inviting living room, with shuttered windows on two sides and focal fireplace, bathed in sunlight from a large, central skylight. Entertain on the main floor with its updated kitchen with modern appliances, cosy breakfast area, and full dining room, with a private balcony overlooking the street. A large outdoor sitting area is also accessible from this floor. The spacious primary bedroom suite features a walk-in closet, remodeled bathroom, and its own separate balcony, great for enjoying morning coffee, while the second bedroom provides additional space for a home office or guest room, depending on your needs. This townhouse looks and feels like a single family home! Prime location, just one block from Whole Foods, three-blocks from the vibrant downtown area with upscale shops and many fabulous restaurants. Plus, it's conveniently close to Stanford, Cal-train, and serviced by those excellent Palo Alto schools.

Last Agent to Sell the Property

Lynne Mercer, CRS

Compass License #00796211 Listed on: 04/26/2023

Compass

Last Buyer's Agent

Caitlin Darke

Compass License #01332161

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $27,027

Year Built

  • Built in 1987

Lot Details

  • 1,045

HOA Fees

  • $863 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Slab Foundation
  • Elastomeric Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 120-70-003

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, garbage, insurance - common area, insurance - earthquake, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof, sewer
  • 10 Units
  • 744 Ramona HOA
  • Built by 744 Ramona HOA

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$27,027

Year Built

Built in 1987

Lot Details

0

HOA Fees

$863 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Allowed, Pets - Restrictions
  • Age: 36
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 10
  • Structure Sq Ft: 1350
  • Complex Name: 744 Ramona HOA
  • Year Built: 1987
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1350
  • Security: Fire System - Sprinkler, Secured Garage / Parking
  • Bedrooms: Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Elastomeric, Polyurethane
  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Heat Pump, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 863
  • HOA Amenities: Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof, Sewer
  • H O A Name Text: 744 Ramona HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-70-003
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 586.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 586.00

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Corner Unit, Unit Faces Street

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 2, 2023
Sold by
Schapiro Tamar
Bought by
Gregory & Julie Flynn 2002 Revocable Trust
Seller's Agent
Lynne Mercer, CRS
Compass
Buyer's Agent
Caitlin Darke
Compass
List Price
$1,895,000
Sold Price
$2,175,000
Premium/Discount to List
$280,000
14.78%
Views
26
Current Estimated Value
$2,138,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,900
Avg. Annual Appreciation
-1.92%

Purchase Details

Listed on
Apr 17, 2013
Closed on
Apr 29, 2013
Sold by
Wetzel Gregory F
Bought by
Schapiro Tamar
Seller's Agent
Howard Bloom
Intero Real Estate Services
Buyer's Agent
Lynne Mercer, CRS
Compass
List Price
$1,100,000
Sold Price
$1,310,000
Premium/Discount to List
$210,000
19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$600,000
Interest Rate
3.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2002
Sold by
Wetzel Gregory F
Bought by
Wetzel Gregory F

Purchase Details

Closed on
Dec 6, 2001
Sold by
Weil Jacob
Bought by
Wetzel Gregory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6%

Purchase Details

Closed on
Oct 23, 1993
Sold by
Roth Bernard and Roth Toby
Bought by
Weil Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.62%
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
Gregory & Julie Flynn 2002 Revocable Trust $2,175,000 Chicago Title
Schapiro Tamar $1,310,000 Chicago Title Company
Wetzel Gregory F -- --
Wetzel Gregory F $720,000 First American Title Co
Weil Jacob $410,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schapiro Tamar $800,000
Previous Owner Schapiro Tamar $600,000
Previous Owner Schapiro Tamar $197,000
Previous Owner Wetzel Gregory F $300,000
Previous Owner Wetzel Gregory F $576,000
Previous Owner Weil Jacob $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $2,175,000 +14.8% $1,611 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,895,000 +44.7% $1,404 / Sq Ft
05/24/2013 05/24/13 Sold $1,310,000 +19.1% $970 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $1,100,000 -- $815 / 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 $27,027 $2,262,870 $1,131,435 $1,131,435
2024 $27,027 $2,218,500 $1,109,250 $1,109,250
2023 $19,258 $1,550,522 $775,261 $775,261
2022 $19,033 $1,520,120 $760,060 $760,060
2021 $18,659 $1,490,314 $745,157 $745,157
2020 $18,281 $1,475,034 $737,517 $737,517
2019 $18,077 $1,446,112 $723,056 $723,056
2018 $17,589 $1,417,758 $708,879 $708,879
2017 $17,281 $1,389,960 $694,980 $694,980
2016 $16,826 $1,362,706 $681,353 $681,353
2015 $16,661 $1,342,238 $671,119 $671,119
2014 $16,287 $1,315,946 $657,973 $657,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81926079

MLSListings

APN: 120-70-003