NOT LISTED FOR SALE

Estimated Value: $1,795,000 - $2,252,000

3 Beds
2 Baths
1,342 Sq Ft
1,394 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $1,630,000 $1,215 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,430/month

12 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to Palo Alto
  • Guest Parking
  • Addison Elementary School Rated A+
  • Balcony
  • 4-minute walk to El Palo Alto Park

About This Home

As of August 2016

Rare opportunity to be steps away from vibrant Downtown Palo Alto, yet live in a tranquil setting. This second floor unit is filled with natural light and provides a flexible floor plan, with two bedrooms down and a loft bedroom/office upstairs. Relax on the private roof deck and enjoy all that living downtown has to offer. Close to award-winning Palo Alto schools, Caltrain and Stanford.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 07/14/2016

Golden Gate Sotheby's International Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,754

Year Built

  • Built in 1980

Lot Details

  • 1,394

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,342 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-25-130

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, maintenance - common area, maintenance - exterior
  • 12 Units
  • High Street Solar HOA
  • Built by HIgh Street Solar

Additional Features

  • Courtyard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,754

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 36
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 12
  • Structure Sq Ft: 1342
  • Complex Name: HIgh Street Solar
  • Year Built: 1980
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1342
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Concrete Slab
  • Roof: Composition, Flat / Low Pitch
  • Yard/Grounds: Balcony / Patio, Courtyard

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Guest / Visitor Parking, On Street, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Amenities: Community Security Gate
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Maintenance - Common Area, Maintenance - Exterior
  • H O A Name Text: HIgh Street Solar HOA
  • H O A Exist: Yes

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: 120-25-130
  • Lot Acres: 0.0320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1406.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1406.00

Multi Family

  • Utilities: Public Utilities

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
Jul 14, 2016
Closed on
Jul 29, 2016
Sold by
Lugani Saumyavapuh and Walia Nitasha
Bought by
Papas Ronald J and Papas Marianne Bojelian
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,598,000
Sold Price
$1,630,000
Premium/Discount to List
$32,000
2%
Current Estimated Value
$1,948,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,401
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Lugani Saumyavapuh and Walia Nitasha
Bought by
Lugani Saumyavapuh and Walia Nitasha

Purchase Details

Closed on
Jul 2, 2012
Sold by
Kim Eugene
Bought by
Lugani Saumyavapuh and Walia Nitasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Bouchlis John
Bought by
Kim Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,588
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1994
Sold by
Young Malcolm D
Bought by
Bouchlis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.65%
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
Papas Ronald J $1,630,000 Chicago Title Company
Lugani Saumyavapuh -- Old Republic Title Company
Lugani Saumyavapuh $874,750 Old Republic Title Company
Kim Eugene -- Chicago Title
Bouchlis John $310,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lugani Saumyavapuh $200,000
Previous Owner Lugani Saumyavapuh $756,000
Previous Owner Kim Eugene $629,950
Previous Owner Kim Eugene $656,250
Previous Owner Kim Eugene $702,588
Previous Owner Bouchlis John $487,500
Previous Owner Bouchlis John $72,000
Previous Owner Bouchlis John $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $1,630,000 +2.0% $1,215 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $1,598,000 -- $1,191 / 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 $22,754 $1,891,748 $945,874 $945,874
2024 $22,754 $1,854,656 $927,328 $927,328
2023 $22,419 $1,818,292 $909,146 $909,146
2022 $22,159 $1,782,640 $891,320 $891,320
2021 $21,723 $1,747,688 $873,844 $873,844
2020 $21,280 $1,729,768 $864,884 $864,884
2019 $21,044 $1,695,852 $847,926 $847,926
2018 $20,472 $1,662,600 $831,300 $831,300
2017 $20,113 $1,630,000 $815,000 $815,000
2016 $12,294 $983,020 $491,510 $491,510
2015 $12,170 $968,256 $484,128 $484,128
2014 $11,867 $949,290 $474,645 $474,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595130

MLSListings

APN: 120-25-130