NOT LISTED FOR SALE

115 Emerson St Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $1,871,000 - $2,189,958

2 Beds
2 Baths
1,656 Sq Ft
1,742 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $1,288,000 $778 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,428/month

8 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Addison Elementary School Rated A+
  • Contemporary Architecture
  • 3-minute walk to El Palo Alto Park

About This Home

As of November 2012

Fabulous Location w/ view of Creek and Lush Foliage. Top floor, corner unit with cathedral ceiling. Sliding glass doors lead to a private balcony, great for entertaining. Master bedroom with view of green belt. All this, a short distance from Downtown Palo Alto, Stanford, and Menlo Park. New Carpet, Paint, A/C Unit, Stove and Microwave. Den could be 3rd bedroom

Last Agent to Sell the Property

Kirsten McLeod

Zane MacGregor & Company License #00850767 Listed on: 09/26/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,153

Year Built

  • Built in 1980

Lot Details

  • 1,742

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Treatments
  • Garden Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Garden Views
  • Security Gate

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Additional Features

  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 120-59-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, reserves, roof, cable / dish, common area electricity, decks, exterior painting, fencing, garbage, insurance - common area
  • Emerson Gardens Association

Amenities

  • Elevator

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,153

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Restrictions
  • Age: 32
  • Sale Price Per Sq Ft: 777.78
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 1656
  • Barclay Horizontal: 7
  • Barclays Page: 12
  • 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: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1656
  • Stories: 1
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • 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

  • Roof: Composition
  • View: Garden / Greenbelt

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: 664
  • HOA Amenities: Elevator, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Reserves, Roof, Cable / Dish, Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Emerson Gardens
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Garden Window, Vaulted Ceiling, Balcony/Patio

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: 120-59-007
  • Lot Location: Corner
  • List Price per Sq Ft: 723.43
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15246.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 15246.00
  • Lot Size Area Min Search: 15246.00
  • Maximum Lot Size: 15246.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, Top Floor or Penthouse

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

Closed on
Jan 28, 2020
Sold by
Stevenson Mark L and Esposito Cheryl A
Bought by
Stevenson Mark L and Esposito Cheryl A
Current Estimated Value
$2,003,490

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 9, 2012
Sold by
Stone David K
Bought by
Stevenson Mark L and Esposito Cheryl A
Seller's Agent
Kirsten McLeod
Zane MacGregor & Company
List Price
$1,198,000
Sold Price
$1,288,000
Premium/Discount to List
$90,000
7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$1,030,400
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 1, 2012
Sold by
Holman Patricia S
Bought by
The Estate Of Carol K Stone
Seller's Agent
Kirsten McLeod
Zane MacGregor & Company
List Price
$1,198,000
Sold Price
$1,288,000
Premium/Discount to List
$90,000
7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,400
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Stone Carol K
Bought by
Kessler John I
Source: Public Records

Range of Values:

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Average Value
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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
Stevenson Mark L -- None Available
Stevenson Mark L $1,287,750 Chicago Title Company
The Estate Of Carol K Stone -- Chicago Title Company
Kessler John I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Mark L $486,000
Open Stevenson Mark L $1,062,650
Closed Esposito Cheryl A $318,000
Closed Stevenson Mark L $1,030,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $1,288,000 +7.5% $778 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $1,198,000 -- $723 / 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 $19,153 $1,586,066 $793,033 $793,033
2024 $19,153 $1,554,968 $777,484 $777,484
2023 $18,868 $1,524,480 $762,240 $762,240
2022 $18,647 $1,494,590 $747,295 $747,295
2021 $18,279 $1,465,286 $732,643 $732,643
2020 $17,908 $1,450,262 $725,131 $725,131
2019 $17,706 $1,421,826 $710,913 $710,913
2018 $17,227 $1,393,948 $696,974 $696,974
2017 $16,923 $1,366,616 $683,308 $683,308
2016 $16,477 $1,339,820 $669,910 $669,910
2015 $16,313 $1,319,696 $659,848 $659,848
2014 $15,944 $1,293,846 $646,923 $646,923
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kirsten McLeod

    Zane MacGregor & Company

See All Agents

Map

Source: MLSListings

MLS Number: ML81235522

MLSListings

APN: 120-59-007

California Santa Clara County Palo Alto 94025 Downtown North

115 Emerson St, Palo Alto, CA

This home is located at 115 Emerson St, Palo Alto, CA 94301 since 26 September 2012 and is currently estimated at $2,003,490, approximately $1,209 per square foot. This property was built in 1980. 115 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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