$707,000
SOLD MAR 14, 2014
2 Beds
1 Bath
775 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$912 Per Sq Ft

24% Above List Price

13 Days on Market

Highlights

  • Unit is on the top floor
  • Wood Flooring
  • Combination Dining and Living Room
  • Addison Elementary School Rated A+
  • Forced Air Heating System
  • 4-minute walk to El Palo Alto Park

About This Home

As of March 2016

Fantastic top floor two bedroom Condo with sunny Balcony. This unit features a newly remodeled kitchen with Granite counters, new cabinets, hardwood floors and new appliances. In addition there is a new bathroom, new recess lighting and refinished hardwood floors. Excellent location within walking distance to Downtown shopping and dining, Stanford Shopping Mall and steps to Cal Train. h

Last Agent to Sell the Property

Ed Ferguson

Carrick & English R.E. License #00824806 Listed on: 02/22/2014

Last Buyer's Agent

Annette Smith

Golden Gate Sotheby's International Realty License #01180954

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,031

Year Built

  • Built in 1958

Parking

  • 1 Carport Space

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Unit is on the top floor

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include water, garbage, insurance - common area
  • Hawthorne Estates Association

Listing and Financial Details

  • Assessor Parcel Number 120-37-004

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,031

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 56
  • Sale Price Per Sq Ft: 912.26
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 10
  • Structure Sq Ft: 775
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 4
  • Map Top Coordinate: H
  • Thomas Bros Page: 790
  • Thomas Brothers: H4
  • Year Built: 1958
  • Zoning Description: RM4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 775
  • Stories: 1
  • Laundry: Laundry Facility - Coin-Op
  • Flooring: Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air, Gas

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Condo/Co-op/Association

  • HOA Fees: 165
  • Association Fees Include: Water, Garbage, Insurance - Common Area
  • H O A Name Text: Hawthorne Estates
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-37-004
  • List Price per Sq Ft: 734.19
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7560.00
  • Lot Size Area Min Search: 7560.00
  • Maximum Lot Size: 7560.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 7, 2016
Sold by
Panelli Alexander Flavio
Bought by
Johnson James
Seller's Agent
Annette Smith
Golden Gate Sotheby's International Realty
Buyer's Agent
Vladimir Rubashevsky
5 Stars Realty
List Price
$899,000
Sold Price
$964,000
Premium/Discount to List
$65,000
7.23%
Total Days on Market
13
Current Estimated Value
$1,128,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,759
Avg. Annual Appreciation
1.83%
Original Mortgage
$771,200
Outstanding Balance
$603,879
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$535,033

Purchase Details

Listed on
Feb 22, 2014
Closed on
Mar 11, 2014
Sold by
Mcguigan Matthew
Bought by
Panelli Alexander Flavio
Seller's Agent
Ed Ferguson
Carrick & English R.E.
Buyer's Agent
Annette Smith
Golden Gate Sotheby's International Realty
List Price
$569,000
Sold Price
$707,000
Premium/Discount to List
$138,000
24.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $964,000 Chicago Title Company
Grant Deed $707,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $771,200 Adjustable Rate Mortgage/ARM
Previous Owner $414,500 Credit Line Revolving
Previous Owner $33,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $964,000 +7.2% $1,244 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $899,000 +27.2% $1,160 / Sq Ft
03/14/2014 03/14/14 Sold $707,000 +24.3% $912 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $569,000 -- $734 / 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 $14,031 $1,118,798 $559,399 $559,399
2023 $13,563 $1,075,000 $537,500 $537,500
2022 $13,656 $1,075,356 $537,678 $537,678
2021 $13,386 $1,054,272 $527,136 $527,136
2020 $13,119 $1,043,462 $521,731 $521,731
2019 $12,969 $1,023,002 $511,501 $511,501
2018 $12,624 $1,002,944 $501,472 $501,472
2017 $12,401 $983,280 $491,640 $491,640
2016 $9,353 $732,120 $366,060 $366,060
2015 $9,256 $721,124 $360,562 $360,562
2014 $8,956 $703,178 $351,589 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81405528

MLSListings

APN: 120-37-004