NOT LISTED FOR SALE

Estimated Value: $1,425,215 - $1,722,000

2 Beds
2.5 Baths
1,295 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $1,475,000 $1,139 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,269/month

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Granite Countertops
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • Skylights

About This Home

As of February 2024

Welcome to this beautifully maintained 2 bed and 2.5 bath townhouse in the heart of Palo Alto. This end unit condo boasts a spacious living room with a wood burning fireplace, kitchen with granite counter-tops, inside utilities and laminate floors throughout the first floor. The upper-level features new carpeting, bedrooms with vaulted ceilings, balconies and abundant closet space. Large backyard great for entertaining. 2 secured parking spots in the garage. Stanford campus, gorgeous Gamble Gardens and Town & Country Village are just minutes away from this small contemporary complex. Award winning Palo Alto schools: Walter Hays Elementary, Frank Green Middle, and Palo Alto High School.

Last Agent to Sell the Property

Sean Buchanan

Intero Real Estate Services License #02078686 Listed on: 10/23/2023

Intero Real Estate Services

Co-Listed By

Chris Buchanan

Intero Real Estate Services License #02068778

Last Buyer's Agent

Alexander Bouja

Golden Gate Sotheby's International Realty License #01744054

Golden Gate Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,363

Year Built

  • Built in 1983

Lot Details

  • 601 Sq Ft Lot

Parking

  • 2 Car Garage
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,295 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Dining Area
  • Storage Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area, roof
  • Arthur Oaks Association

Listing and Financial Details

  • Assessor Parcel Number 124-15-052

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,363

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 1295
  • Year Built: 1983
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1295
  • Stories: 2
  • Security: Secured Garage / Parking
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete, Tile
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 585
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Roof
  • H O A Name Text: Arthur Oaks
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-15-052
  • Lot Acres: 0.0138
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Mahajan Anita
Bought by
Anita Mahman Revocable Trust and Mahajan
Current Estimated Value
$1,577,554

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 30, 2024
Sold by
Kogelnik Andreas M
Bought by
Mahajan Anita
Seller's Agent
Sean Buchanan
Intero Real Estate Services
Buyer's Agent
Alexander Bouja
Golden Gate Sotheby's International Realty
List Price
$1,599,950
Sold Price
$1,475,000
Premium/Discount to List
-$124,950
-7.81%
Views
142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,106,250
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2001
Sold by
Petersen Karin
Bought by
Kogelnik Andreas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 1, 1996
Sold by
Miles Laughton E and Miles Zeala D
Bought by
Petersen Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,125
Interest Rate
7.75%
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
Anita Mahman Revocable Trust -- None Listed On Document
Mahajan Anita $1,475,000 Cornerstone Title Company
Kogelnik Andreas M -- Chicago Title Co
Petersen Karin $317,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anita Mahajan Revocable Trust $1,075,000
Previous Owner Mahajan Anita $1,106,250
Previous Owner Kogelnik Andreas M $300,000
Previous Owner Kogelnik Andreas M $1,000,000
Previous Owner Kogelnik Andreas M $186,100
Previous Owner Kogelnik Andreas M $300,000
Previous Owner Kogelnik Andreas M $415,000
Previous Owner Kogelnik Andreas M $272,000
Previous Owner Kogelnik Andreas M $273,700
Previous Owner Kogelnik Andreas M $275,000
Previous Owner Petersen Karin $265,000
Previous Owner Petersen Karin $238,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $1,475,000 -7.8% $1,139 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,599,950 -- $1,235 / 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 $10,363 $1,504,500 $752,250 $752,250
2024 $10,363 $799,461 $364,969 $434,492
2023 $10,208 $783,786 $357,813 $425,973
2022 $10,085 $768,419 $350,798 $417,621
2021 $9,887 $753,353 $343,920 $409,433
2020 $9,695 $745,629 $340,394 $405,235
2019 $9,584 $731,010 $333,720 $397,290
2018 $9,336 $716,677 $327,177 $389,500
2017 $9,172 $702,625 $320,762 $381,863
2016 $8,927 $688,849 $314,473 $374,376
2015 $8,836 $678,503 $309,750 $368,753
2014 $8,589 $665,213 $303,683 $361,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81945923

MLSListings

APN: 124-15-052