NOT LISTED FOR SALE

757 Loma Verde Ave Unit C Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $1,874,156 - $2,046,000

2 Beds
2.5 Baths
1,494 Sq Ft
$1,316/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $1,525,000 $1,021 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,423/month

21 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Neighborhood Views
  • Palo Verde Elementary School Rated A+
  • High Ceiling
  • Formal Dining Room

About This Home

As of December 2018

Remodeled townhome in a desirable Midtown location. One minutes walk to Philz Coffee, and close to Mitchell Park, library, shopping and restaurants. Stunning 2 bedroom, 2 & 1/2 bath, with attached 2 car garage. Dramatic high ceilings, tons of natural light, sunny patio plus separate second floor balcony. Kitchen has maple cabinets and stainless steel appliances. New light fixtures and hardwood floors throughout the house. Separate dining room and living room with fireplace. Overlooks large outdoor social space. Great master bath with dual sinks. Indoor laundry. Excellent Palo Alto schools. Don't miss this '10'!

Last Agent to Sell the Property

Rayyan Fani

Keller Williams Palo Alto License #01951679 Listed on: 10/25/2018

Keller Williams Palo Alto

Last Buyer's Agent

Ashwin Veeravalli

Compass License #01914395

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,560

Year Built

  • Built in 1985

Lot Details

  • 2,640

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,494 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Additional Features

  • 2,640 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-63-016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, exterior painting, landscaping / gardening, maintenance - common area, maintenance - exterior, water
  • Ferrari Community Management Association
  • Built by Loma Verde Village

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,560

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 1494
  • Complex Name: Loma Verde Village
  • Year Built: 1985
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Oven Range - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 1494
  • Security: Fire System - Sprinkler
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 555
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Cable / Dish, Common Area Electricity, Exterior Painting, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Water
  • H O A Name Text: Ferrari Community Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High 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

  • Parcel Number: 127-63-016
  • Lot Acres: 0.0606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2640.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2640.00

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
Oct 25, 2018
Closed on
Dec 7, 2018
Sold by
Charunmilind Jaran and Mok Janine Aimee
Bought by
Kanampully Sunny Paul and Mathew Rebecca
Seller's Agent
Rayyan Fani
Keller Williams Palo Alto
Buyer's Agent
Ashwin Veeravalli
Compass
List Price
$1,558,000
Sold Price
$1,525,000
Premium/Discount to List
-$33,000
-2.12%
Current Estimated Value
$1,965,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,539
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,143,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Oct 17, 2018
Sold by
Mok Betty Chin
Bought by
Charumilind Jaran and Mok Janine Aimee
Seller's Agent
Rayyan Fani
Keller Williams Palo Alto
Buyer's Agent
Ashwin Veeravalli
Compass
List Price
$1,558,000
Sold Price
$1,525,000
Premium/Discount to List
-$33,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,143,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2010
Sold by
Charumilind Jaran and Mok Janine Aimee
Bought by
Charumilind Jaran and Mok Janine Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2010
Sold by
Sullivan Ian M and Sullivan Lara S
Bought by
Charumilind Jaran and Mok Janine Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Mok Josiah T
Bought by
Mok Betty Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Sullivan Ian M
Bought by
Sullivan Ian M and Sullivan Lara S

Purchase Details

Closed on
Jul 24, 1995
Sold by
Goldberg Andrew V
Bought by
Sullivan Ian M
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
Kanampully Sunny Paul $1,525,000 Old Republic Title Co
Charumilind Jaran -- Old Republic Title Co
Charumilind Jaran -- First American Title Company
Charumilind Jaran -- First American Title Company
Mok Betty Chin -- First American Title Company
Sullivan Ian M -- None Available
Sullivan Ian M $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanampully Sunny Paul $1,045,000
Closed Kanampully Sunny Paul $1,075,900
Closed Kanampully Sunny Paul $1,104,500
Closed Paul Kananpully Sunny $1,128,269
Closed Kanampully Sunny Paul $1,143,750
Previous Owner Charumilind Jaran $522,000
Previous Owner Charumilind Jaran $525,000
Previous Owner Sullivan Ian M $193,383
Previous Owner Sullivan Ian M $250,000
Previous Owner Sullivan Ian M $250,000
Previous Owner Sullivan Ian M $200,000
Previous Owner Sullivan Ian M $200,000
Previous Owner Sullivan Ian M $250,000
Previous Owner Sullivan Ian M $227,150
Previous Owner Sullivan Ian M $75,000
Closed Sullivan Ian M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $1,525,000 -2.1% $1,021 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $1,558,000 -- $1,043 / 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 $20,560 $1,701,164 $850,582 $850,582
2024 $20,560 $1,667,808 $833,904 $833,904
2023 $20,174 $1,635,106 $817,553 $817,553
2022 $19,938 $1,603,046 $801,523 $801,523
2021 $19,544 $1,571,614 $785,807 $785,807
2020 $19,146 $1,555,500 $777,750 $777,750
2019 $18,931 $1,525,000 $762,500 $762,500
2018 $11,434 $901,890 $450,945 $450,945
2017 $11,232 $884,206 $442,103 $442,103
2016 $10,933 $866,870 $433,435 $433,435
2015 $10,821 $853,850 $426,925 $426,925
2014 $10,540 $837,126 $418,563 $418,563
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rayyan Fani

    Keller Williams Palo Alto

    Section Image

  • A

    Buyer's Agent in 2018

    Ashwin Veeravalli

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81728929

MLSListings

APN: 127-63-016

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

757 Loma Verde Ave Unit C, Palo Alto, CA

This home is located at 757 Loma Verde Ave Unit C, Palo Alto, CA 94303 since 25 October 2018 and is currently estimated at $1,965,539, approximately $1,315 per square foot. This property was built in 1985. 757 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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