NOT LISTED FOR SALE

889 Federation Way Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $784,695 - $1,375,000

1 Bed
1 Bath
822 Sq Ft
871 Sq Ft Lot

Last Sold July 19, 2013

Last sale price $581,000 $707 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,884/month

8 Days on Market

Highlights

  • Modern Architecture
  • Double Pane Windows
  • Guest Parking
  • Fairmeadow Elementary School Rated A+
  • Breakfast Bar
  • Central Air

About This Home

As of July 2013

First time on the market - 1 bed/1 bath condo in the Altaire complex! Only 3 years old and in excellent, like new condition. Great open floor plan with hardwood floors throughout living areas. Huge kitchen with stone counter tops, ss appliances, and designer kitchen cabinets. 2 pkg spots in garage, w/d, a/c, close to everything, walk to shops! HOA covers insurance, gas, water, sewer, garbage.

Last Agent to Sell the Property

Sunny Kim

Compass License #01871036 Listed on: 06/25/2013

Compass

Last Buyer's Agent

Kiersten Ligeti

Compass License #01298631

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,092

Year Built

  • Built in 2010

Lot Details

  • 871

Home Design

  • Modern Architecture

Interior Spaces

  • 822 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • Guest Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 127-71-070

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, management fee, sewer, water, common area electricity, garbage, gas, insurance - common area, insurance - flood, insurance - liability, unit coverage insurance
  • 901 San Antonio Road HOA
  • Car Wash Area

Additional Features

  • Community Storage Space
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,092

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Modern / High Tech
  • Restrictions: Pets - Restrictions
  • Age: 3
  • Sale Price Per Sq Ft: 706.81
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 822
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: F
  • Thomas Bros Page: 791
  • Thomas Brothers: F7
  • Year Built: 2010
  • 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, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 822
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Hardwood - Partial, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Electric, Heat Pump

Condo/Co-op/Association

  • HOA Fees: 354
  • HOA Amenities: Car Wash Area, Additional Storage
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Management Fee, Sewer, Water, Common Area Electricity, Garbage, Gas, Insurance - Common Area, Insurance - Flood, Insurance - Liability, Unit Coverage Insurance
  • H O A Name Text: 901 San Antonio Road HOA
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Balcony/Patio

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-71-070
  • List Price per Sq Ft: 607.06
  • 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: Double Pane Windows

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jul 10, 2013
Sold by
Himeda Chad
Bought by
Hwang Julie L
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Kiersten Ligeti
Compass
List Price
$499,000
Sold Price
$581,000
Premium/Discount to List
$82,000
16.43%
Current Estimated Value
$1,118,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,781
Avg. Annual Appreciation
4.94%
Original Mortgage
$464,800
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Himeda Chad and Patacchi Vallian
Bought by
Himeda Chad

Purchase Details

Closed on
Oct 5, 2010
Sold by
901 San Antonio Road Llc
Bought by
Himeda Chad and Patacchi Vallian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,945
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hwang Julie L $581,000 Old Republic Title Company
Himeda Chad $250,000 None Available
Himeda Chad $450,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Julie L $407,000
Closed Hwang Julie L $456,000
Closed Hwang Julie L $464,800
Previous Owner Himeda Chad $356,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $581,000 +16.4% $707 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $499,000 -- $607 / 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 $9,092 $698,250 $349,125 $349,125
2023 $8,954 $684,560 $342,280 $342,280
2022 $8,844 $671,138 $335,569 $335,569
2021 $8,668 $657,980 $328,990 $328,990
2020 $8,502 $651,234 $325,617 $325,617
2019 $8,402 $638,466 $319,233 $319,233
2018 $8,186 $625,948 $312,974 $312,974
2017 $8,040 $613,676 $306,838 $306,838
2016 $7,905 $601,644 $300,822 $300,822
2015 $7,741 $592,608 $296,304 $296,304
2014 $7,510 $581,000 $290,500 $290,500
Source: Public Records

Agents Affiliated with this Home

  • Sunny Kim

    Seller's Agent in 2013

    Sunny Kim

    Compass

    (650) 823-5546

    166 Total Sales

    Section Image

  • K

    Buyer's Agent in 2013

    Kiersten Ligeti

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81322754

MLSListings

APN: 127-71-070

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

889 Federation Way, Palo Alto, CA

This home is located at 889 Federation Way, Palo Alto, CA 94303 since 25 June 2013 and is currently estimated at $1,066,924, approximately $1,297 per square foot. This property was built in 2010. 889 Federation Way 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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