NOT LISTED FOR SALE

Estimated Value: $1,249,044 - $1,589,000

2 Beds
2 Baths
1,114 Sq Ft
$1,293/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • 5-minute walk to Palo Alto
  • Balcony
  • Addison Elementary School Rated A+
  • Formal Dining Room
  • 4-minute walk to El Palo Alto Park

About This Home

As of February 2020

FURNISHED OR UNFURNISHED PALO ALTO CONDO ! DOWN TOWN LIVING AT ITS FINEST WITH PRIVATE PATIO IN THE BACK - UNfurnished 2 bed 2 bath Split Level condo just few minutes from highly coveted Downtown Palo Alto available for immediate Lease.Beautifully updated kitchen with Greenhouse window, Granite Kitchen counters , Stainless Steel Appliances, spacious hardwood floors & attached patio. Tranquil Complex with Atrium & relaxing back patio. Walking distance to Cal Train Station. Short distance to Whole foods , Stanford Hospital, University & Mall. 2 car covered parking in the garage.Walk or bike to University Ave - Downtown Palo Alto. Laundry in unit. Tenant pays all utilities. Landlord pays monthly HOA.

Last Agent to Rent the Property

Anita Gandhi

Corcoran Icon Properties License #01147281 Listed on: 10/10/2019

Corcoran Icon Properties

Last Renter's Agent

Anita Gandhi

Corcoran Icon Properties License #01147281 Listed on: 10/10/2019

Corcoran Icon Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,690

Year Built

  • 1980

Lot Details

  • 1,093 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Subterranean Parking

Interior Spaces

  • 1,114 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $6,000
  • Property Available on 1/27/20
  • Rent includes association fees
  • 12-Month Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,690

Year Built

1980

Lot Details

0

Parking

2

Rental Info

  • Available: 01/27/2020
  • Lease Terms: Option To Renew
  • Maximum Lease Months: 12
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees
  • Security Deposit: 6000

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Rules
  • Age: 39
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1114
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1114
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Covered Parking, Underground Parking

Utilities

  • Heating System: Central Forced Air

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0251
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1095.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1095.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2008
Sold by
Levin Daniel J
Bought by
Hlava Nicole Beth
Current Estimated Value
$1,440,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,350
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 2005
Sold by
Levin Martin E
Bought by
Levin Martin E

Purchase Details

Closed on
Jul 7, 1998
Sold by
Rolland Charla W
Bought by
Levin Martin E and Levin Barbara R

Purchase Details

Closed on
Mar 5, 1996
Sold by
Shelton Phrasel L
Bought by
Rolland Charla W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7%
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
Hlava Nicole Beth -- Cornerstone Title Company
Levin Martin E -- None Available
Levin Martin E $391,000 North American Title Co
Rolland Charla W -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hlava Nicole Beth $45,350
Open Hlava Nicole Beth $725,600
Previous Owner Rolland Charla W $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Rented $4,700 -2.1% --
01/27/2020 01/27/20 Price Changed $4,800 -7.6% $4 / Sq Ft
01/14/2020 01/14/20 Price Changed $5,195 +4.0% $5 / Sq Ft
11/15/2019 11/15/19 Price Changed $4,995 -3.9% $4 / Sq Ft
11/04/2019 11/04/19 Price Changed $5,200 -3.7% $5 / Sq Ft
10/10/2019 10/10/19 For Rent $5,400 -3.6% --
04/18/2019 04/18/19 Rented $5,600 +5.7% --
03/27/2019 03/27/19 Price Changed $5,300 -5.4% $5 / Sq Ft
03/11/2019 03/11/19 Price Changed $5,600 -4.3% $5 / Sq Ft
02/25/2019 02/25/19 For Rent $5,850 -- --
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 $14,690 $1,191,342 $595,671 $595,671
2024 $14,690 $1,167,984 $583,992 $583,992
2023 $14,472 $1,145,084 $572,542 $572,542
2022 $14,302 $1,122,632 $561,316 $561,316
2021 $14,020 $1,100,620 $550,310 $550,310
2020 $13,741 $1,089,336 $544,668 $544,668
2019 $13,503 $1,067,978 $533,989 $533,989
2018 $13,143 $1,047,038 $523,519 $523,519
2017 $12,911 $1,026,508 $513,254 $513,254
2016 $12,568 $1,006,382 $503,191 $503,191
2015 $12,441 $991,266 $495,633 $495,633
2014 $12,134 $971,850 $485,925 $485,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81771996

MLSListings

APN: 120-25-123