NOT LISTED FOR SALE

119 Emerson St Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $1,816,000 - $1,925,000

2 Beds
2 Baths
1,445 Sq Ft
$1,050/mo HOA Fee

Last Sold July 26, 2022

Last sale price $1,750,000 $1,211 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,886/month

51 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Addison Elementary School Rated A+
  • Combination Dining and Living Room
  • 3-minute walk to El Palo Alto Park

About This Home

As of July 2022

Rarely available Penthouse end-unit with creekside views, immense privacy and vaulted ceilings. Just 3 blocks from University Avenue, shops, restaurants this top floor location benefits from towering ceilings and abundant natural light. The gated courtyard entrance offers stairs or elevator access to a private outside entrance. Inside hardwood floors extend throughout the main living areas featuring a fireplace and sliding glass doors to the expansive balcony overlooking open space. The kitchen has been remodeled with cherry cabinetry, stainless steel appliances, granite counters and an expansive greenhouse window. Two large bedrooms with organized closet space and updated bathrooms. Adding extra convenience is the in-unit laundry plus gated garage parking for two cars. Unbeatable location for downtown living, yet with the tranquility of a creekside residential setting. Close to Stanford University, commute routes and downtown.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 05/05/2022

Compass

Last Buyer's Agent

Robin Kirby

Compass License #01959005

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,936

Year Built

  • 1980

Lot Details

  • 1,742

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - exterior
  • 8 Units
  • Emerson Gardens Homeowners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,936

Year Built

1980

Lot Details

0

HOA Fees

$1,050 per month

Parking

2

Listing Details

  • Zoning: RM3
  • Subclass: Condominium
  • Age: 42
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 8
  • Structure Sq Ft: 1445
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1445
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Common Parking Area, Covered Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Emerson Gardens
  • HOA Fees: 1050
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Exterior
  • HOA Exist: Yes
  • H O A Name Text: Emerson Gardens Homeowners Association

Schools

  • School District: Palo Alto Unified

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 15, 2022
Sold by
Jacobs Living Trust
Bought by
Theyel Marshall and Theyel Gregory
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Robin Kirby
Compass
List Price
$1,998,000
Sold Price
$1,750,000
Premium/Discount to List
-$248,000
-12.41%
Current Estimated Value
$1,878,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,490
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,400,000
Outstanding Balance
$1,322,982
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$553,652

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 22, 2021
Sold by
Nett Amy
Bought by
Jacobs Stephen L and Jacobs Living Trust
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$1,990,000
Sold Price
$1,935,000
Premium/Discount to List
-$55,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.86%
Original Mortgage
$750,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 5, 2017
Sold by
Seipp Paul E
Bought by
Nett Amy
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$1,698,000
Sold Price
$1,800,000
Premium/Discount to List
$102,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Assadi Abtin and Farr Mina
Bought by
Seipp Paul E
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
Theyel Marshall $1,750,000 Lawyers Title
Jacobs Stephen L $1,935,000 Lawyers Title Company
Jacobs Stephen L $1,935,000 Lawyers Title Company
Nett Amy $1,800,000 Lawyers Title Company
Seipp Paul E $387,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theyel Marshall $1,400,000
Previous Owner Jacobs Stephen L $750,000
Previous Owner Jacobs Stephen L $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $1,750,000 -2.5% $1,211 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $1,795,000 -4.3% $1,242 / Sq Ft
06/10/2022 06/10/22 Price Changed $1,875,000 -6.2% $1,298 / Sq Ft
05/05/2022 05/05/22 For Sale $1,998,000 +3.3% $1,383 / Sq Ft
11/02/2021 11/02/21 Sold $1,935,000 -2.8% $1,339 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,990,000 +10.6% $1,377 / Sq Ft
09/07/2017 09/07/17 Sold $1,800,000 +6.0% $1,246 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $1,698,000 -- $1,175 / 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 $21,936 $1,820,700 $910,350 $910,350
2024 $21,936 $1,785,000 $892,500 $892,500
2023 $20,373 $1,645,000 $822,500 $822,500
2022 $23,889 $1,935,000 $967,500 $967,500
2021 $23,443 $1,892,120 $946,060 $946,060
2020 $22,963 $1,872,720 $936,360 $936,360
2019 $22,708 $1,836,000 $918,000 $918,000
2018 $22,089 $1,800,000 $900,000 $900,000
2017 $7,563 $566,310 $283,155 $283,155
2016 $7,361 $555,206 $277,603 $277,603
2015 $7,284 $546,868 $273,434 $273,434
2014 $7,062 $536,156 $268,078 $268,078
Source: Public Records

Agents Affiliated with this Home

  • Judy Citron

    Seller's Agent in 2022

    Judy Citron

    Compass

    (650) 400-8424

    4 in this area

    222 Total Sales

    Judy Citron
    Section Image
  • Robin Kirby

    Buyer's Agent in 2022

    Robin Kirby

    Compass

    (925) 765-9896

    1 in this area

    45 Total Sales

    Robin Kirby
    Section Image
  • Shelly Roberson

    Seller's Agent in 2017

    Shelly Roberson

    Compass

    (650) 464-3797

    81 Total Sales

    Shelly Roberson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81890154

MLSListings

APN: 120-59-009

California Santa Clara County Palo Alto 94025 Downtown North

119 Emerson St, Palo Alto, CA

This home is located at 119 Emerson St, Palo Alto, CA 94301 since 05 May 2022 and is currently estimated at $1,878,490, approximately $1,299 per square foot. This property was built in 1980. 119 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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