NOT LISTED FOR SALE

Estimated Value: $1,861,000 - $2,297,177

3 Beds
2 Baths
1,600 Sq Ft
$1,150/mo HOA Fee

Last Sold February 24, 2023

Last sale price $1,800,000 $1,125 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,116/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • High Ceiling
  • Addison Elementary School Rated A+
  • Wood Flooring
  • 3-minute walk to El Palo Alto Park

About This Home

As of February 2023

Beautifully remodeled, single-level, corner unit, downtown in a gated building w/2 parking spaces, elevator and a tranquil creek-side setting...What more could you want ?! Custom kitchen has granite counters, a wide window, all appliances and a "cook's desk". Spacious living room has a fireplace, wall of cabinets, 9' ceilings and a large balcony with creek view. One bedroom is custom fitted with tall cabinets, desk and pull-down bed--Office by day-- guest room by night! One bedroom is a bespoke office w/ two walls of floor to ceiling custom cabinets, desk + storage space and glass door to a cozy balcony. Primary suite boasts balcony access, two large closets, a beautifully designed bathroom with 2 sinks, custom cabinets and under-cabinet night lights. In-unit laundry closet with stacked washer/dryer. Located in a 9 unit building with gated parking, gated entry +elevator to all floors. Very close to downtown Palo Alto, CalTrans, Stanford Shopping center and more.

Last Agent to Sell the Property

Nancy Goldcamp

Coldwell Banker Realty License #00787851 Listed on: 02/08/2023

Coldwell Banker Realty

Last Buyer's Agent

Shawnna Sullivan

Coldwell Banker Realty License #00856563

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,535

Year Built

  • Built in 1980

Lot Details

  • Fenced
  • Lot Sloped Down

HOA Fees

  • $1,150 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Security Gate

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 120-59-004

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, insurance, landscaping / gardening, maintenance - common area, roof
  • 9 Units
  • Emerson Gardens Association
  • Built by Emerson Gardens
  • The community has rules related to parking rules

Pet Policy

  • Pet Restriction

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,535

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,150 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions
  • Age: 43
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 9
  • Min Numberof Unitsin Complex: 9
  • Structure Sq Ft: 1600
  • Complex Name: Emerson Gardens
  • Year Built: 1980
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1600
  • Stories: 1
  • Security: Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced
  • Fencing: Fenced
  • Construction Type: Concrete, Shingle, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Common Parking Area, Gate / Door Opener, Guest / Visitor Parking, Parking Restrictions

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1150
  • HOA Amenities: Community Security Gate, Elevator
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance, Landscaping / Gardening, Maintenance - Common Area, Roof
  • H O A Name Text: Emerson Gardens
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 120-59-004

Green Features

  • Energy Features: Insulation - Unknown

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 21, 2023
Sold by
Heister Family Trust
Bought by
Maheshwari Dinesh
Seller's Agent
Nancy Goldcamp
Coldwell Banker Realty
Buyer's Agent
Shawnna Sullivan
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,800,000
Views
41
Current Estimated Value
$2,038,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,794
Avg. Annual Appreciation
5.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maheshwari Dinesh $1,800,000 Cornerstone Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $1,800,000 0.0% $1,125 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $1,800,000 -- $1,125 / 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 $22,535 $1,872,720 $936,360 $936,360
2024 $22,535 $1,836,000 $918,000 $918,000
2023 $9,377 $713,423 $271,939 $441,484
2022 $9,264 $699,435 $266,607 $432,828
2021 $9,081 $685,722 $261,380 $424,342
2020 $8,907 $678,691 $258,700 $419,991
2019 $8,805 $665,384 $253,628 $411,756
2018 $8,578 $652,338 $248,655 $403,683
2017 $8,427 $639,548 $243,780 $395,768
2016 $8,202 $627,008 $239,000 $388,008
2015 $8,118 $617,590 $235,410 $382,180
2014 $7,882 $605,493 $230,799 $374,694
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81918353

MLSListings

APN: 120-59-004