NOT LISTED FOR SALE

103 Emerson St Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $1,784,000 - $2,135,000

2 Beds
2 Baths
1,445 Sq Ft
1,742 Sq Ft Lot

Last Sold April 11, 2013

Last sale price $1,350,000 $934 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $12,165/month

63 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Marble Flooring
  • Addison Elementary School Rated A+
  • Living Room with Fireplace
  • 3-minute walk to El Palo Alto Park

About This Home

As of April 2013

STUNNING, EXQUISITELY UPDATED CONDO IN PRIME DOWNTOWN PA! OPEN FLOOR PLAN W/GOURMET KITCHEN W/TOP-END APPLIANCES, OPEN LR/DR COMBO & SOLARIUM/FR OPENING TO ENORMOUS PATIO & BEAUTIFULLY LANDSCAPED GARDEN. ELEGANT FINISHES THROUGHOUT INCL CHERRY WOOD FLOORS W/MARBLE, LIMESTONE FP & HIGH CEILINGS. LIKE A CUSTOM HOME W/OUTSTANDING PA SCHOOLS. SMALL, PRIVATE COMPLEX IN GORGEOUS CREEKSIDE SETTING.

Last Agent to Sell the Property

Hanna Shacham

Coldwell Banker Realty License #01073658 Listed on: 01/23/2013

Coldwell Banker Realty

Last Buyer's Agent

Suzanne Scott

Coldwell Banker License #01386007

Coldwell Banker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,114

Year Built

  • Built in 1980

Lot Details

  • 1,742

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 120-59-002

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include reserves, roof, sewer, water, common area electricity, decks, exterior painting, fencing, garbage, insurance - common area, insurance - liability
  • Emerson Gardens Homeowners Assoc. Association
  • Built by EMERSON GARDENS

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,114

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 33
  • Sale Price Per Sq Ft: 934.26
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 1445
  • Barclay Horizontal: 7
  • Barclays Page: 12
  • Complex Name: EMERSON GARDENS
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: H
  • Map Top Coordinate Secondary: 7
  • Thomas Bros Page: 790
  • Thomas Brothers: H4
  • Year Built: 1980
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1445
  • Stories: 1
  • Security: Security Features, Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Hardwood, Marble
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Post and Pier
  • Roof: Composition
  • View: Garden / Greenbelt, Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 700
  • HOA Amenities: Additional Storage, Elevator, Cable/ Satellite TV
  • Association Fees Include: Reserves, Roof, Sewer, Water, Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: EMERSON GARDENS HOMEOWNERS ASSOC.
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-59-002
  • List Price per Sq Ft: 967.47
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1722.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1722.00
  • Lot Size Area Min Search: 1722.00
  • Maximum Lot Size: 1722.00
  • 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
Jan 23, 2013
Closed on
Apr 5, 2013
Sold by
Alexander Paul and Alexander Janet
Bought by
Jaffe Richard L and Jaffe Mary H
Seller's Agent
Hanna Shacham
Coldwell Banker Realty
Buyer's Agent
Suzanne Scott
Coldwell Banker
List Price
$1,398,000
Sold Price
$1,350,000
Premium/Discount to List
-$48,000
-3.43%
Current Estimated Value
$1,928,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,808
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Jun 19, 2008
Sold by
Shafaie Ahmad and Shafaie Mahvash
Bought by
Alexander Paul and Alexander Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2006
Sold by
Shafaie Ahmad and Shafaie Mahvash
Bought by
Shafaie Ahmad and Shafaie Mahvash

Purchase Details

Closed on
Mar 20, 2003
Sold by
Smith Bowen N and Smith Diana L
Bought by
Shafaie Ahmad and Shafaie Mahvash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
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
Jaffe Richard L $1,350,000 Cornerstone Title Company
Alexander Paul -- Old Republic Title Co
Shafaie Ahmad -- None Available
Shafaie Ahmad $570,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Paul $712,000
Previous Owner Alexander Paul $724,119
Previous Owner Alexander Paul $729,000
Previous Owner Alexander Paul $729,000
Previous Owner Shafaie Ahmad $190,000
Previous Owner Shafaie Ahmad $100,000
Previous Owner Shafaie Ahmad $427,500
Previous Owner Smith Bowen N $455,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2013 04/11/13 Sold $1,350,000 -3.4% $934 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $1,398,000 -- $967 / 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 $20,114 $1,662,418 $831,209 $831,209
2024 $20,114 $1,629,822 $814,911 $814,911
2023 $19,817 $1,597,866 $798,933 $798,933
2022 $19,586 $1,566,536 $783,268 $783,268
2021 $19,201 $1,535,820 $767,910 $767,910
2020 $18,811 $1,520,074 $760,037 $760,037
2019 $18,602 $1,490,270 $745,135 $745,135
2018 $18,099 $1,461,050 $730,525 $730,525
2017 $17,782 $1,432,402 $716,201 $716,201
2016 $17,314 $1,404,316 $702,158 $702,158
2015 $17,144 $1,383,222 $691,611 $691,611
2014 $16,763 $1,356,128 $678,064 $678,064
Source: Public Records

Agents Affiliated with this Home

  • Hanna Shacham

    Seller's Agent in 2013

    Hanna Shacham

    Coldwell Banker Realty

    (650) 752-0767

    30 Total Sales

    Hanna Shacham
    Section Image

  • S

    Buyer's Agent in 2013

    Suzanne Scott

    Coldwell Banker

    Section Image
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Map

Source: MLSListings

MLS Number: ML81302033

MLSListings

APN: 120-59-002

California Santa Clara County Palo Alto 94025 Downtown North

103 Emerson St, Palo Alto, CA

This home is located at 103 Emerson St, Palo Alto, CA 94301 since 23 January 2013 and is currently estimated at $1,928,808, approximately $1,334 per square foot. This property was built in 1980. 103 Emerson St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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