NOT LISTED FOR SALE

Estimated Value: $1,231,831 - $1,582,000

2 Beds
2 Baths
1,110 Sq Ft
1,394 Sq Ft Lot

Last Sold June 29, 2012

Last sale price $878,500 $791 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,814/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • 5-minute walk to Palo Alto
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Wood Burning Stove
  • 4-minute walk to El Palo Alto Park

About This Home

As of June 2012

Located just blocks from downtown shops &restaurants, the main level of this stunning condo features a remodeled granite kitchen w/ European Beech cabinets, a dining area loft, updated hall bath, & spacious master suite w/ updated bath. The lower level has an open living room w/ wood-burning stove & second bedroom, both with access to a private back yard w/ paver stone patio & colorful garden.

Last Agent to Sell the Property

Ken Deleon

Deleon Realty License #01342140 Listed on: 05/30/2012

Last Buyer's Agent

Alex Wang

Christie's International Real Estate Sereno License #01351503

Christie's International Real Estate Sereno

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,678

Year Built

  • Built in 1980

Lot Details

  • 1,394

Parking

  • Subterranean Parking

Home Design

  • Bi-Level Home
  • Slab Foundation

Interior Spaces

  • 1,110 Sq Ft Home
  • High Ceiling
  • Wood Burning Stove
  • Double Pane Windows
  • Garden Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-25-125

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heating, hot water, landscaping / gardening, roof, common area electricity, common area gas, exterior painting, fencing, insurance - common area

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,678

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 32
  • Sale Price Per Sq Ft: 791.44
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 25
  • Structure Sq Ft: 1110
  • Barclay Horizontal: 7
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: H
  • Map Top Coordinate Secondary: 7
  • Thomas Bros Page: 790
  • Thomas Brothers: H4
  • Year Built: 1980
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Stove
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1110
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room
  • Flooring: Tile, Hardwood
  • Additional Rooms: Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Underground Parking

Utilities

  • Heating System: Radiant

Condo/Co-op/Association

  • HOA Fees: 425
  • HOA Amenities: Additional Storage
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement
  • Association Fees Include: Heating, Hot Water, Landscaping / Gardening, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Garden Window, High Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-25-125
  • List Price per Sq Ft: 763.96
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1406.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1406.00
  • Lot Size Area Min Search: 1406.00
  • Maximum Lot Size: 1406.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Bi/Split Level Unit

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Jun 26, 2012
Sold by
Philbrick Thomas P and Alvira Cristina M
Bought by
Rollins Eric and Rollins Gloria
Seller's Agent
Ken Deleon
Deleon Realty
Buyer's Agent
Alex Wang
Christie's International Real Estate Sereno
List Price
$848,000
Sold Price
$878,500
Premium/Discount to List
$30,500
3.6%
Current Estimated Value
$1,451,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,208
Avg. Annual Appreciation
3.85%
Original Mortgage
$417,000
Outstanding Balance
$288,801
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$1,162,907

Purchase Details

Closed on
Aug 27, 2004
Sold by
Madsen Suzanne Barnes
Bought by
Philbrick Thomas P and Alvira Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rollins Eric $878,500 Chicago Title Company
Philbrick Thomas P -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollins Eric $417,000
Previous Owner Philbrick Thomas P $540,000
Closed Philbrick Thomas P $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $878,500 +3.6% $791 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $848,000 -- $764 / 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 $13,678 $1,103,432 $551,716 $551,716
2024 $13,678 $1,081,798 $540,899 $540,899
2023 $13,475 $1,060,588 $530,294 $530,294
2022 $13,315 $1,039,794 $519,897 $519,897
2021 $13,054 $1,019,406 $509,703 $509,703
2020 $12,795 $1,008,954 $504,477 $504,477
2019 $12,650 $989,172 $494,586 $494,586
2018 $12,316 $969,778 $484,889 $484,889
2017 $12,099 $950,764 $475,382 $475,382
2016 $11,779 $932,122 $466,061 $466,061
2015 $11,661 $918,122 $459,061 $459,061
2014 $11,368 $900,138 $450,069 $450,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81220385

MLSListings

APN: 120-25-125