The Palo Alto 101 Alma St Unit 1003 Palo Alto, CA 94301
Downtown North Neighborhood
2
Beds
2
Baths
1,457
Sq Ft
$1,363/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Primary Bedroom Suite
- Addison Elementary School Rated A+
- Private Pool
- 1-minute walk to El Palo Alto Park
About This Home
As of March 2025Motivated seller says bring an offer! 10th-floor corner unit. Beautifully updated with an in-unit washer and dryer, 6 closets, plus storage unit, 24/7 lobby security reception, gym and elevators. Stunning southwest views over Stanford University and the tree tops, from the living space, primary suite and the second bedroom. New floors, recently updated kitchen and baths in neutral tones. Spacious, open floor plan allows for flexible living. Impeccably maintained grounds, just two blocks from downtown restaurants and activities. Attend nearby Stanford University events, and upscale shopping at Stanford Shopping Center, including new Restoration Hardware, Hermes, and Bloomingdales. This prestigious address is within the highly sought-after Palo Alto School District. Virtually all utilities and maintenance are included in the HOA fee of $1363 - heat and A/C, water, garbage, maintenance, reserves, janitorial, annual window washing, a fully equipped gym, large storage unit, EV chargers, summer heated, crystal-clear pool. Entertain poolside in the summer. Easy access to secure parking.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,832
Year Built
- Built in 1960
Lot Details
- End Unit
- Southwest Facing Home
- Partially Fenced Property
- Sprinklers on Timer
- Mostly Level
HOA Fees
- $1,363 Monthly HOA Fees
Parking
- 1 Car Garage
- Electric Vehicle Home Charger
- Lighted Parking
- Garage Door Opener
- Electric Gate
- Guest Parking
- Uncovered Parking
Property Views
- City Lights
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Reinforced Concrete Foundation
- Slab Foundation
Interior Spaces
- 1,457 Sq Ft Home
- 1-Story Property
- Dining Area
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Corian Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in unit
- Washer and Dryer
Home Security
- Security Lights
- Intercom
- Monitored
Outdoor Features
- Private Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Cable TV Available
Listing and Financial Details
- No Waterbeds Allowed
- Assessor Parcel Number 120-39-074
Community Details
Overview
- Association fees include common area electricity, door person, exterior painting, fencing, garbage, gas, heating, hot water, insurance, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, pool spa or tennis, recreation facility, reserves, roof, security service, sewer, water
- 101 Units
- The Palo Alto Condominium Association
- Built by The Palo Alto Condo Association
- The community has rules related to parking rules
Amenities
- Doorman
- Courtyard
- Trash Chute
- Clubhouse
- Elevator
- Community Storage Space
Recreation
- Sport Court
Pet Policy
- Limit on the number of pets
Security
- Security Guard
- Controlled Access
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Mar 10, 2025
Sold by
Cha Kwang Hyun and Jang Hye Ryeon
Bought by
Timothy Groves Trust and Groves
Seller's Agent
Katherine Hunt
Compass
Buyer's Agent
Reza Khan
Reza Khan, Broker
List Price
$1,798,000
Sold Price
$1,670,000
Premium/Discount to List
-$128,000
-7.12%
Views
218
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,532
Avg. Annual Appreciation
-2.55%
Purchase Details
Closed on
Jun 4, 2021
Sold by
Attia Paul Labib
Bought by
Cha Kwang Hyun and Jang Hye Ryeon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 2016
Sold by
Ghosn Greenwich Holdings Llc
Bought by
Attia Paul Labib
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2013
Sold by
Nordlinger Christopher W and Nordlinger Elizabeth
Bought by
Ghosn Greenwich Holdings Llc
Purchase Details
Closed on
Jul 18, 2012
Sold by
Hubert Ruth
Bought by
Nordlinger Christopher W and Nordlinger Elizabeth
Purchase Details
Closed on
Apr 14, 2003
Sold by
Hubert Ruth
Bought by
Hubert Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 1994
Sold by
Hubert Leo and Hubert Ruth
Bought by
Hubert Leo and Hubert Ruth
Similar Homes in Palo Alto, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,670,000 | Chicago Title | |
| Grant Deed | $1,600,000 | Chicago Title Company | |
| Grant Deed | $1,550,000 | Chicago Title Company | |
| Grant Deed | $1,250,000 | Old Republic Title Company | |
| Grant Deed | $848,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,280,000 | New Conventional | |
| Previous Owner | $1,240,000 | New Conventional | |
| Previous Owner | $109,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $1,670,000 | +1.2% | $1,146 / Sq Ft |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- |
| 02/09/2025 02/09/25 | Price Changed | $1,649,998 | -4.0% | $1,132 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $1,719,000 | -2.8% | $1,180 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $1,768,000 | -1.7% | $1,213 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $1,798,000 | -- | $1,234 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $20,832 | $1,731,890 | $865,945 | $865,945 |
| 2024 | $20,832 | $1,697,932 | $848,966 | $848,966 |
| 2023 | $20,832 | $1,545,000 | $772,500 | $772,500 |
| 2022 | $20,282 | $1,632,000 | $816,000 | $816,000 |
| 2021 | $20,619 | $1,661,912 | $830,956 | $830,956 |
| 2020 | $20,198 | $1,644,872 | $822,436 | $822,436 |
| 2019 | $19,972 | $1,612,620 | $806,310 | $806,310 |
| 2018 | $19,429 | $1,581,000 | $790,500 | $790,500 |
| 2017 | $19,087 | $1,550,000 | $775,000 | $775,000 |
| 2016 | $16,095 | $1,300,292 | $650,146 | $650,146 |
| 2015 | $15,936 | $1,280,762 | $640,381 | $640,381 |
| 2014 | $15,574 | $1,255,674 | $627,837 | $627,837 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Katherine Hunt
Compass
(650) 619-8510
2 in this area
41 Total Sales
-
Buyer's Agent in 2025
Reza Khan
Reza Khan, Broker
(408) 457-4115
1 in this area
35 Total Sales
About The Palo Alto
Map
Source: MLSListings
MLS Number: ML81977661
APN: 120-39-074
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