NOT LISTED FOR SALE

Estimated Value: $1,427,000 - $1,658,000

2 Beds
2 Baths
1,313 Sq Ft
1,350 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $1,390,000 $1,059 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,474/month

122 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops
  • Addison Elementary School Rated A+
  • End Unit
  • 1 Car Detached Garage

About This Home

As of February 2022

Gorgeous Crescent Park condominium in the beautiful Villa Capri Aire complex just a block from vibrant downtown. This light-filled end unit has an open floor plan, handsome hardwood floors, spacious kitchen with stainless steel appliances and granite counters, very large primary bedroom with glass sliders to private patio and spa-like bathroom, and an abundance of closets and storage space throughout. The living room has oversized glass sliders to a welcoming front patio. Stacked washer/dryer, detached garage, and unbeatable location. Excellent schools: Addison Elementary, Greene Middle, Palo Alto High.

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 09/16/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Spencer Hsu

eXp Realty of California Inc License #02077253

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,875

Year Built

  • 1958

Lot Details

  • End Unit

Parking

  • 1 Car Detached Garage
  • Off-Site Parking

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, garbage, insurance - common area, insurance - flood, maintenance - common area, maintenance - exterior, management fee, reserves
  • 28 Units
  • Villa Capri Aire Homeowners Association
  • Rental Restrictions

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,875

Year Built

1958

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM3
  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions
  • Age: 63
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 28
  • Min Numberof Unitsin Complex: 28
  • Structure Sq Ft: 1313
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1958

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal
  • Living Sq Ft: 1313
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Suite / Retreat
  • Laundry: Community Facility, Inside, Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Site Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Villa Capri Aire
  • HOA Fees: 580
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs, Minutes
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Insurance - Flood, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Villa Capri Aire Homeowners Association

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Feb 4, 2022
Sold by
Boone Catherine F
Bought by
Charkhabi Masoud and Goncalves Samantha Victoria
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Spencer Hsu
eXp Realty of California Inc
List Price
$1,450,000
Sold Price
$1,390,000
Premium/Discount to List
-$60,000
-4.14%
Current Estimated Value
$1,498,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,564
Avg. Annual Appreciation
0.31%
Original Mortgage
$1,112,000
Outstanding Balance
$1,034,540
Interest Rate
3.55%
Estimated Equity
$370,757

Purchase Details

Closed on
Aug 23, 2005
Sold by
Chen Etai
Bought by
Boone Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,450
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 1996
Sold by
Chen Shih Chuan
Bought by
Chen Shih Chuan

Purchase Details

Closed on
May 5, 1995
Sold by
Chen Paul P
Bought by
Chen Shih Chuan

Purchase Details

Closed on
Oct 26, 1994
Sold by
Bollinger M Barry and Bollinger Marie E
Bought by
Chen Paul P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Charkhabi Masoud $1,390,000 Chicago Title
Boone Catherine F $665,000 First American Title Company
Chen Shih Chuan -- --
Chen Shih Chuan $215,000 Old Republic Title Company
Chen Paul P $240,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charkhabi Masoud $1,112,000
Previous Owner Boone Catherine F $66,450
Previous Owner Boone Catherine F $532,000
Previous Owner Chen Paul P $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $1,390,000 -4.1% $1,059 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $1,450,000 +4.3% $1,104 / Sq Ft
12/16/2021 12/16/21 Off Market $1,390,000 -- --
11/07/2021 11/07/21 Price Changed $1,450,000 -4.9% $1,104 / Sq Ft
09/16/2021 09/16/21 For Sale $1,525,000 -- $1,161 / 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 $17,875 $1,475,078 $737,539 $737,539
2024 $17,875 $1,446,156 $723,078 $723,078
2023 $14,861 $1,185,000 $592,500 $592,500
2022 $11,048 $856,348 $428,174 $428,174
2021 $10,830 $839,558 $419,779 $419,779
2020 $10,617 $830,950 $415,475 $415,475
2019 $10,495 $814,658 $407,329 $407,329
2018 $10,219 $798,686 $399,343 $399,343
2017 $10,038 $783,026 $391,513 $391,513
2016 $9,770 $767,674 $383,837 $383,837
2015 $9,669 $756,144 $378,072 $378,072
2014 $9,407 $741,334 $370,667 $370,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862989

MLSListings

APN: 003-02-071