NOT LISTED FOR SALE

117 S California Ave Unit D403 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $763,884 - $842,000

1 Bed
1 Bath
764 Sq Ft
$639/mo HOA Fee

Last Sold May 22, 2020

Last sale price $910,000 $1,191 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,003/month

4 Days on Market

Highlights

  • Private Pool
  • 4-minute walk to California Avenue
  • Electric Gate
  • Escondido Elementary School Rated A+
  • Subterranean Parking
  • 3-minute walk to Bowden Park

About This Home

As of May 2020

Stunning penthouse condo in the heart of Palo Alto's vibrant Califronia Avenue neighborhood. This 4th floor, one bedroom, one bathoom unit offers elevator access, vaulted ceilings, and views of the Stanford Dish and hills beyond. With 875 sq ft, this spacious condo is nicely updated with enginered wood flooring throughout, a fireplace and a private balcony with access from the living room and bedroom. Located directly on (yet high above) California Aveune, with convenient access to shopping and dining, the weekly farmers' market, Stanford University and CalTrain. Plus in-unit laundry, secure garage parking and more! Shown by virtual tour (http://www.117californiaave.com/?mls) or appointment only.

Last Agent to Sell the Property

Michael Galli

Compass License #01852633 Listed on: 04/17/2020

Compass

Last Buyer's Agent

Laurel Robinson

Christie's International Real Estate Sereno License #01747147

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,520

Year Built

  • 1982

Lot Details

  • 871

HOA Fees

  • $639 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Electric Gate

Home Design

  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 764 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

Utilities

  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof
  • Palo Alto Central Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,520

Year Built

1982

Lot Details

0

HOA Fees

$639 per month

Parking

1

Listing Details

  • Zoning: PA
  • Subclass: Condominium
  • Age: 38
  • Listing Class: Residential
  • Maximum Unit Floor Number: 4
  • Structure Sq Ft: 764
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 764
  • Stories: 1
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Rolled Composition
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Electric Gate, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 639
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Palo Alto Central

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 12, 2020
Sold by
Tang Jessica Ou and Ou Jessica
Bought by
Rao Rathna Rohini
Seller's Agent
Michael Galli
Compass
Buyer's Agent
Laurel Robinson
Christie's International Real Estate Sereno
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$797,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,529
Avg. Annual Appreciation
-0.94%
Original Mortgage
$530,000
Outstanding Balance
$474,759
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$392,090

Purchase Details

Closed on
Sep 21, 2012
Sold by
Fujiwara Mika
Bought by
Ou Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Fujiwara Hitoshi
Bought by
Fujiwara Mika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Fujiwara Keiko
Bought by
Fujiwara Hitoshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Tonken Heidi
Bought by
Mackenzie Jonathan I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
4.83%

Purchase Details

Closed on
Oct 27, 1998
Sold by
Lee Mi K
Bought by
Tonken Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rao Rathna Rohini $910,000 Old Republic Title Company
Ou Jessica $554,750 First American Title Company
Fujiwara Mika $204,500 Chicago Title Company
Fujiwara Hitoshi -- Financial Title Company
Fujiwara Mika $545,000 Financial Title Company
Mackenzie Jonathan I $396,000 First American Title Guarant
Tonken Heidi $245,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Rathna Rohini $530,000
Previous Owner Ou Jessica $444,000
Previous Owner Fujiwara Mika $408,750
Previous Owner Fujiwara Mika $408,750
Previous Owner Mackenzie Jonathan I $310,000
Previous Owner Mackenzie Jonathan I $316,800
Previous Owner Tonken Heidi $275,000
Previous Owner Tonken Heidi $25,000
Previous Owner Tonken Heidi $196,000
Previous Owner Lee Mi Kyoung $148,000
Closed Tonken Heidi $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $910,000 +1.2% $1,191 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $899,000 -- $1,177 / 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 $11,520 $905,000 $452,500 $452,500
2023 $10,376 $805,000 $402,500 $402,500
2022 $12,018 $937,814 $468,907 $468,907
2021 $11,781 $919,426 $459,713 $459,713
2020 $8,192 $624,914 $312,457 $312,457
2019 $8,095 $612,662 $306,331 $306,331
2018 $7,888 $600,650 $300,325 $300,325
2017 $7,747 $588,874 $294,437 $294,437
2016 $7,539 $577,328 $288,664 $288,664
2015 $7,459 $568,656 $284,328 $284,328
2014 $7,233 $557,518 $278,759 $278,759
Source: Public Records

Agents Affiliated with this Home

  • Michael Galli

    Seller's Agent in 2020

    Michael Galli

    Compass

    (650) 248-3076

    3 in this area

    238 Total Sales

    Michael Galli
    Section Image
  • Laurel Robinson

    Buyer's Agent in 2020

    Laurel Robinson

    Sereno Group

    (650) 269-7266

    2 in this area

    7 Total Sales

    Laurel Robinson
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81789577

MLSListings

APN: 124-37-041

California Santa Clara County Palo Alto 94306 Old Palo Alto

117 S California Ave Unit D403, Palo Alto, CA

This home is located at 117 S California Ave Unit D403, Palo Alto, CA 94306 since 17 April 2020 and is currently estimated at $797,471, approximately $1,043 per square foot. This property was built in 1982. 117 S California Ave Unit D403 is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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