$1,250,000
SOLD APR 21, 2014
3 Beds
2.5 Baths
1,342 Sq Ft
436 Sq Ft Lot

Recently Sold

$931 Per Sq Ft

9% Above List Price

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Elevator
  • Fairmeadow Elementary School Rated A+
  • Marble Flooring
  • Skylights

About This Home

As of August 2015

Lovely & nearly new 3 bed/2.5 bath condo within walking distance to Google and centrally located to top Palo Alto schools (Fairmeadow Elementary, JLS Middle & Gunn High)! Complex features include a car wash area, elevator and extra storage. OH Sat & Sun from 1:30-4:30pm.

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 02/28/2014

Keller Williams Palo Alto

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 02/28/2014

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,973

Year Built

  • Built in 2009

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Combination Dining and Living Room
  • Attic Fan

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 127-71-037

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, management fee, sewer, maintenance - unit yard, water, common area electricity, common area gas, garbage, insurance - common area
  • Mb Homeowner's Management Association
  • Car Wash Area

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,973

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 5
  • Sale Price Per Sq Ft: 931.45
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 100
  • Structure Sq Ft: 1342
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: F
  • Thomas Bros Page: 791
  • Thomas Brothers: F7
  • Year Built: 2009
  • Zoning Description: LM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In
  • Living Sq Ft: 1342
  • Stories: 2
  • Security: Security Features, Security Gate, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Hardwood, Marble
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking
  • Carport Min: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 417
  • HOA Amenities: Car Wash Area, Additional Storage, Elevator, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement
  • Association Fees Include: Hot Water, Landscaping / Gardening, Management Fee, Sewer, Maintenance - Unit Yard, Water, Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area
  • H O A Name Text: MB Homeowner's Management
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

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: 127-71-037
  • List Price per Sq Ft: 856.93
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1307.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1307.00
  • Lot Size Area Min Search: 1307.00
  • Maximum Lot Size: 1307.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Skylight, Thermostat Controller, Attic Fan

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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
Jul 13, 2015
Closed on
Aug 3, 2015
Sold by
Zhou Yanchen and Liang Enzhu
Bought by
Wu Min and Zhou Yiping
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Sharon Lee
Keller Williams Palo Alto
List Price
$1,250,000
Sold Price
$1,400,000
Premium/Discount to List
$150,000
12%
Total Days on Market
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 27, 2014
Sold by
Jung Byoungsok and Kim Heejin
Bought by
Liang Enzhu and Zhou Yanchen
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,150,000
Sold Price
$1,250,000
Premium/Discount to List
$100,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$812,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2009
Sold by
901 San Antonio Road Llc
Bought by
Jung Byoungsok and Kim Heejin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,500
Interest Rate
4.78%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,400,000 Stewart Title Company
Grant Deed $1,250,000 Old Republic Title Company
Grant Deed $728,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,000 Adjustable Rate Mortgage/ARM
Closed $1,050,000 Adjustable Rate Mortgage/ARM
Previous Owner $804,000 Adjustable Rate Mortgage/ARM
Previous Owner $812,000 Adjustable Rate Mortgage/ARM
Previous Owner $812,500 Adjustable Rate Mortgage/ARM
Previous Owner $409,000 New Conventional
Previous Owner $431,600 New Conventional
Previous Owner $477,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $1,400,000 +12.0% $1,043 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $1,250,000 0.0% $931 / Sq Ft
04/21/2014 04/21/14 Sold $1,250,000 +8.7% $931 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $1,150,000 -- $857 / 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 $19,973 $1,624,814 $812,407 $812,407
2023 $19,677 $1,592,956 $796,478 $796,478
2022 $19,446 $1,561,722 $780,861 $780,861
2021 $19,062 $1,531,100 $765,550 $765,550
2020 $18,674 $1,515,402 $757,701 $757,701
2019 $18,465 $1,485,690 $742,845 $742,845
2018 $17,964 $1,456,560 $728,280 $728,280
2017 $17,648 $1,428,000 $714,000 $714,000
2016 $17,182 $1,400,000 $700,000 $700,000
2015 $15,785 $1,274,974 $637,487 $637,487
2014 $9,788 $766,541 $383,270 $383,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81406240

MLSListings

APN: 127-71-037