NOT LISTED FOR SALE

749 Loma Verde Ave Unit A Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $1,876,000 - $2,104,000

3 Beds
2.5 Baths
1,549 Sq Ft
2,657 Sq Ft Lot

Last Sold December 11, 2012

Last sale price $991,000 $640 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $11,742/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Living Room with Fireplace
  • Breakfast Area or Nook

About This Home

As of December 2012

Contemporary 3bd/2.5ba, tri-level townhome. This corner unit feat. bright & spacious interiors, dramatic high ceilings, fresh interior paint, master suite w/charming balcony, & 2 car garage. Enjoy the perks of a peaceful, private community with the benefits of living within close proximity to Stanford, Silicon Valley, all the amenities (coffee shops, dining, groceries) and San Francisco!

Last Agent to Sell the Property

Joe Kwan

JODI Group License #01312516 Listed on: 10/12/2012

Last Buyer's Agent

Heng Quan

BayOne Real Estate Investment Corporation License #01793987

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,024

Year Built

  • Built in 1985

Lot Details

  • 2,657

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,549 Sq Ft Home
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include management fee, cable / dish, water, garbage, insurance - common area
  • Loma Verde Village HOA

Listing and Financial Details

  • Assessor Parcel Number 127-63-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,024

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 27
  • Sale Price Per Sq Ft: 639.77
  • Listing Class: Residential
  • Structure Sq Ft: 1549
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range
  • Living Sq Ft: 1549
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, Stall Shower

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 525
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Management Fee, Cable / Dish, Water, Garbage, Insurance - Common Area
  • H O A Name Text: Loma Verde Village HOA
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320

Lot Info

  • Parcel Number: 127-63-004
  • List Price per Sq Ft: 612.65
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2640.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2640.00
  • Lot Size Area Min Search: 2640.00
  • Maximum Lot Size: 2640.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 4, 2012
Sold by
Wang Sheren Carolina
Bought by
Zhang Rui and Guo Xin
Seller's Agent
Joe Kwan
JODI Group
Buyer's Agent
Heng Quan
BayOne Real Estate Investment Corporation
List Price
$949,000
Sold Price
$991,000
Premium/Discount to List
$42,000
4.43%
Current Estimated Value
$1,940,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$949,176
Avg. Annual Appreciation
5.42%
Original Mortgage
$792,800
Interest Rate
2.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zhang Rui $991,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Rui $628,000
Open Zhang Rui $1,245,000
Closed Zhang Rui $200,000
Closed Zhang Rui $792,800
Previous Owner Wang Sheren Carolina $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2012 12/11/12 Sold $991,000 +4.4% $640 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $949,000 -- $613 / 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 $15,024 $1,220,336 $610,168 $610,168
2024 $15,024 $1,196,408 $598,204 $598,204
2023 $14,801 $1,172,950 $586,475 $586,475
2022 $14,627 $1,149,952 $574,976 $574,976
2021 $14,339 $1,127,404 $563,702 $563,702
2020 $14,053 $1,115,844 $557,922 $557,922
2019 $13,895 $1,093,966 $546,983 $546,983
2018 $13,525 $1,072,516 $536,258 $536,258
2017 $13,288 $1,051,488 $525,744 $525,744
2016 $12,937 $1,030,872 $515,436 $515,436
2015 $12,807 $1,015,388 $507,694 $507,694
2014 $12,496 $995,498 $497,749 $497,749
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joe Kwan

    JODI Group

  • Heng Quan

    Buyer's Agent in 2012

    Heng Quan

    BayOne Real Estate Investment Corporation

    (408) 421-7993

    2 in this area

    83 Total Sales

    Heng Quan
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Map

Source: MLSListings

MLS Number: ML81237484

MLSListings

APN: 127-63-004

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

749 Loma Verde Ave Unit A, Palo Alto, CA

This home is located at 749 Loma Verde Ave Unit A, Palo Alto, CA 94303 since 12 October 2012 and is currently estimated at $1,940,176, approximately $1,252 per square foot. This property was built in 1985. 749 Loma Verde Ave Unit A is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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