NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,396,000

1 Bed
1 Bath
828 Sq Ft
1,307 Sq Ft Lot

Last Sold December 08, 2016

Last sale price $935,000 $1,129 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,077/month

15 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Downtown View
  • Addison Elementary School Rated A+
  • Fitness Center
  • 1-minute walk to El Palo Alto Park

About This Home

As of December 2016

PRESTIGIOUS 101 ALMA luxury condominium. 25 feet of floor to ceiling windows with stunning views of downtown Palo Alto and up the Peninsula from the 10th floor! Just steps away from shopping, Stanford University / Medical Center and Caltrain Station. Brand new floors and freshly painted, this upgraded unit is just waiting to welcome you home. Galley style kitchen with pullouts, pantry, new refrigerator and granite counter tops. The upgraded bathroom includes the newly required 1.6 gallon low flow toilet. The balcony has been incorporated into the living space expanding the space to approx. 986 sq ft.. This complex offers amenities normally only seen in NewYork City. Amenities include on-site 24 hour staff and security, updated exercise room, conference rooms, library, pool, Party Pavilion (with Kitchen Facilities and Restroom) and many more. Parking is limited, so please try Hawthorne Ave. (1 block before building) or Palo Alto Ave. (one block past) complex.

Last Agent to Sell the Property

Laura Welch

Keller Williams Thrive License #01518002 Listed on: 10/18/2016

Keller Williams Thrive

Co-Listed By

David Korner

Keller Williams Palo Alto License #01316557

Last Buyer's Agent

Jun Chung

Legacy Real Estate & Associates License #01781903

Legacy Real Estate & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,386

Year Built

  • Built in 1960

Lot Details

  • 1,307

Parking

  • 1 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Circular Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-39-077

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, door person, exterior painting, garbage, heating, hot water, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof, security service, water, water / sewer
  • 86 Units
  • Pacoa Association
  • Built by PACOA
  • Rental Restrictions
  • Greenbelt

Amenities

  • Doorman
  • Meeting Room
  • Coin Laundry
  • Community Storage Space

Recreation

  • Community Cabanas

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,386

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Park Rental Restrictions, Pets - Restrictions
  • Age: 56
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 86
  • Structure Sq Ft: 828
  • Complex Name: PACOA
  • Incorporated: Yes
  • Year Built: 1960
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 828
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour), Controlled / Secured Access, Secured Garage / Parking, Security Building
  • Laundry: Coin Operated, Community Facility
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - In Ground
  • View: Downtown
  • Pool: Yes
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Electric Gate, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 677
  • HOA Amenities: Additional Storage, BBQ Area, Cabana, Community Pool, Conference Facilities, Door Person, Garden / Greenbelt / Trails, Gym / Exercise Facility
  • Association Fees Include: Common Area Electricity, Common Area Gas, Door Person, Exterior Painting, Garbage, Heating, Hot Water, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Roof, Security Service, Water, Water / Sewer
  • H O A Name Text: PACOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-39-077

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Nov 29, 2016
Sold by
Smith Mary B
Bought by
Huang Shin Yi
Seller's Agent
Laura Welch
Keller Williams Thrive
Buyer's Agent
Jun Chung
Legacy Real Estate & Associates
List Price
$963,000
Sold Price
$935,000
Premium/Discount to List
-$28,000
-2.91%
Total Days on Market
15
Current Estimated Value
$1,123,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,352
Avg. Annual Appreciation
2.88%
Original Mortgage
$701,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 1999
Sold by
Smith Mary B
Bought by
Smith Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 1995
Sold by
Taylor John J and Larson Taylor Dana
Bought by
Smith Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 1994
Sold by
Taylor John J
Bought by
Taylor John J and Larson Taylor Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Shin Yi $935,000 Orange Coast Title Co Norcal
Smith Mary B -- --
Smith Mary B $199,000 First American Title Guarant
Taylor John J -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Shin Yi $646,400
Closed Huang Shin Yi $701,250
Previous Owner Smith Mary B $150,000
Previous Owner Smith Mary B $148,000
Previous Owner Smith Mary B $154,500
Previous Owner Smith Mary B $19,000
Previous Owner Smith Mary B $159,200
Previous Owner Taylor John J $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $935,000 -2.9% $1,129 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $963,000 -- $1,163 / 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 $13,386 $1,063,866 $531,933 $531,933
2023 $13,185 $1,043,006 $521,503 $521,503
2022 $13,027 $1,022,556 $511,278 $511,278
2021 $12,770 $1,002,506 $501,253 $501,253
2020 $12,516 $992,228 $496,114 $496,114
2019 $12,373 $972,774 $486,387 $486,387
2018 $12,044 $953,700 $476,850 $476,850
2017 $11,913 $935,000 $467,500 $467,500
2016 $3,272 $279,249 $140,326 $138,923
2015 $3,240 $275,056 $138,219 $136,837
2014 $3,189 $269,669 $135,512 $134,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81628928

MLSListings

APN: 120-39-077