NOT LISTED FOR SALE

749 Loma Verde Ave Unit C Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $1,754,000 - $2,126,000

3 Beds
2.5 Baths
1,435 Sq Ft
$1,346/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $1,425,000 $993 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,238/month

11 Days on Market

Highlights

  • Skyline View
  • Contemporary Architecture
  • High Ceiling
  • Palo Verde Elementary School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2015

Remodeled 3 bed/2.5 bath townhome! Features the living room with fireplace and high ceilings on the 1st floor, an impressive eat-in kitchen, separate dining room & 3rd bedroom/den on the 2nd floor with the master suite & 2nd bedroom are on the 3rd floor. Includes beautiful hardwood flooring, a large private patio with redwood trees, 2 car attached garage & extra storage. Easy access to Midtown shops and top PA schools (Palo Verde Elementary, JLS Middle & Palo Alto High).

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 03/07/2015

Keller Williams Palo Alto

Last Buyer's Agent

Sharon Lee

Keller Williams Palo Alto License #01951707

Keller Williams Palo Alto

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,610

Year Built

  • Built in 1985

Lot Details

  • 2,657 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,435 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Skyline Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Balcony

Community Details

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, common area gas, insurance - common area, landscaping / gardening, maintenance - common area, management fee, reserves, water
  • Loma Verde Village HOA
  • Built by Loma Verde Village HOA

Listing and Financial Details

  • Assessor Parcel Number 127-63-006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,610

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Property Condition: Built / Remodeled Green
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 1435
  • Complex Name: Loma Verde Village HOA
  • Year Built: 1985
  • Zoning Description: RM15
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1435
  • Stories: 3
  • Laundry: Hookup - Washer/Dryer, Hookups Only
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Shower and Tub, Skylight, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer in Street

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 555
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Water
  • H O A Name Text: Loma Verde Village HOA
  • H O A Exist: Yes

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: 127-63-006
  • Lot Acres: 0.0610
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2640.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2640.00
  • Soil: Adobe

Green Features

  • Energy Features: Energy Star Lighting

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
Mar 7, 2015
Closed on
Mar 26, 2015
Sold by
Pan Chenghao and Huang Ruiping
Bought by
Yang Candice H and Yang Richard Y
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Sharon Lee
Keller Williams Palo Alto
List Price
$1,350,000
Sold Price
$1,425,000
Premium/Discount to List
$75,000
5.56%
Current Estimated Value
$1,904,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,725
Avg. Annual Appreciation
2.84%
Original Mortgage
$700,000
Outstanding Balance
$522,763
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,379,577

Purchase Details

Closed on
Jan 24, 2012
Sold by
Pan Chenghao and Huang Ruiping
Bought by
Pan Chenghao and Huang Ruiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Pan Chenghao and Huang Ruiping
Bought by
Pan Chenghao and Huang Ruiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Huang Ruiping and Pan Chenghao
Bought by
Pan Chenghao and Huang Ruiping

Purchase Details

Closed on
Oct 24, 2003
Sold by
Ho Chun Kwok and Ho Fanny Fun Lee
Bought by
Pan Chenghao and Huang Ruiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1999
Sold by
Judith Orasanu
Bought by
Ho Chun Kwok and Ho Fanny Fun Lee Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.9%
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
Yang Candice H $1,425,000 Old Republic Title Co
Pan Chenghao -- Chicago Title Company
Pan Chenghao -- Chicago Title Company
Pan Chenghao -- First American Title Company
Pan Chenghao -- First American Title Company
Pan Chenghao -- --
Pan Chenghao $615,000 Old Republic Title Company
Ho Chun Kwok $543,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Candice H $300,000
Open Yang Candice H $700,000
Previous Owner Pan Chenghao $360,000
Previous Owner Pan Chenghao $365,000
Previous Owner Pan Chenghao $367,000
Previous Owner Pan Chenghao $410,000
Previous Owner Pan Chenghao $492,000
Previous Owner Pan Chenghao $492,000
Previous Owner Ho Chun Kwok $322,700
Previous Owner Ho Chun Kwok $340,000
Closed Pan Chenghao $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $1,425,000 +5.6% $993 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $1,350,000 -- $941 / 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 $20,610 $1,679,046 $839,523 $839,523
2023 $20,304 $1,646,124 $823,062 $823,062
2022 $20,066 $1,613,848 $806,924 $806,924
2021 $19,670 $1,582,204 $791,102 $791,102
2020 $19,270 $1,565,982 $782,991 $782,991
2019 $19,054 $1,535,278 $767,639 $767,639
2018 $18,536 $1,505,176 $752,588 $752,588
2017 $18,210 $1,475,664 $737,832 $737,832
2016 $17,730 $1,446,730 $723,365 $723,365
2015 $9,414 $727,538 $363,769 $363,769
2014 $9,158 $713,288 $356,644 $356,644
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Juliana Lee

    Keller Williams Palo Alto

    Section Image

  • S

    Buyer's Agent in 2015

    Sharon Lee

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81454068

MLSListings

APN: 127-63-006

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

749 Loma Verde Ave Unit C, Palo Alto, CA

This home is located at 749 Loma Verde Ave Unit C, Palo Alto, CA 94303 since 07 March 2015 and is currently estimated at $1,931,407, approximately $1,345 per square foot. This property was built in 1985. 749 Loma Verde Ave Unit C 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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