NOT LISTED FOR SALE

862 Altaire Walk Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $2,020,000 - $2,471,000

4 Beds
3.5 Baths
1,989 Sq Ft
915 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $2,050,000 $1,031 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,733/month

Highlights

  • Guest Parking
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Fairmeadow Elementary School Rated A+
  • Separate Family Room
  • Dining Area

About This Home

As of February 2020

This home is located at 862 Altaire Walk, Palo Alto, CA 94303 since 26 February 2020 and is currently estimated at $2,294,315, approximately $1,153 per square foot. This property was built in 2010. 862 Altaire Walk is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

Last Agent to Sell the Property

Sunny Kim

Compass License #70010023 Listed on: 02/26/2020

Compass

Last Buyer's Agent

Cici Wang

Aijia Realty License #02039658

Aijia Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,786

Year Built

  • Built in 2010

Lot Details

  • 915

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Reinforced Concrete Foundation

Interior Spaces

  • 1,989 Sq Ft Home
  • 3-Story Property
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, maintenance - common area, management fee, reserves, water / sewer
  • 901 San Antonio Place Association
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 127-71-061

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,786

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Rules
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 1989
  • Incorporated: Yes
  • Year Built: 2010
  • Zoning Description: LM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1989
  • Stories: 3
  • Laundry: Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Reinforced Concrete

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 521
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Maintenance - Common Area, Management Fee, Reserves, Water / Sewer
  • H O A Name Text: 901 San Antonio Place
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Parcel Number: 127-71-061

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Feb 14, 2020
Sold by
Jeong Justin and Jeong Jennie
Bought by
Huang Qiangui and Hao Boya
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Cici Wang
Aijia Realty
List Price
$1,998,000
Sold Price
$2,050,000
Premium/Discount to List
$52,000
2.6%
Current Estimated Value
$2,294,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,315
Avg. Annual Appreciation
0.57%
Original Mortgage
$1,639,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
901 San Antonio Road Llc
Bought by
Jeong Justin and Jeong Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Huang Qiangui $2,050,000 Old Republic Title Company
Jeong Justin $890,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Qiangui $1,591,000
Closed Huang Qiangui $1,639,200
Previous Owner Jeong Justin $564,000
Previous Owner Jeong Justin $350,000
Previous Owner Jeong Justin $635,000
Previous Owner Jeong Justin $652,500
Previous Owner Jeong Justin $667,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $2,050,000 +2.6% $1,031 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $1,998,000 -- $1,005 / 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 $26,786 $2,241,972 $1,120,986 $1,120,986
2024 $26,786 $2,198,012 $1,099,006 $1,099,006
2023 $26,392 $2,154,914 $1,077,457 $1,077,457
2022 $26,087 $2,112,662 $1,056,331 $1,056,331
2021 $25,575 $2,071,238 $1,035,619 $1,035,619
2020 $13,283 $1,050,452 $525,226 $525,226
2019 $13,133 $1,029,856 $514,928 $514,928
2018 $12,785 $1,009,664 $504,832 $504,832
2017 $12,561 $989,868 $494,934 $494,934
2016 $12,228 $970,460 $485,230 $485,230
2015 $12,106 $955,884 $477,942 $477,942
2014 $11,806 $937,160 $468,580 $468,580
Source: Public Records

Agents Affiliated with this Home

  • Sunny Kim

    Seller's Agent in 2020

    Sunny Kim

    Compass

    (650) 823-5546

    166 Total Sales

    Sunny Kim
    Section Image

  • C

    Buyer's Agent in 2020

    Cici Wang

    Aijia Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81784192

MLSListings

APN: 127-71-061

California Santa Clara County Palo Alto 94303 Adobe Meadow-Meadow Park

862 Altaire Walk, Palo Alto, CA

This home is located at 862 Altaire Walk, Palo Alto, CA 94303 since 26 February 2020 and is currently estimated at $2,294,315, approximately $1,153 per square foot. This property was built in 2010. 862 Altaire Walk is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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