NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,200,000

2 Beds
2.5 Baths
1,230 Sq Ft
653 Sq Ft Lot

Last Sold July 31, 2012

Last sale price $805,000 $654 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,396/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Vaulted Ceiling
  • Escondido Elementary School Rated A+
  • Living Room with Fireplace
  • 4-minute walk to Sarah Wallis Park

About This Home

As of July 2012

Nestled amongst an assemblage of sophisticated townhomes wihtin the sought after Palo Alto Central Complex.This top-floor condo offers gracious details at every corner.Open kitchen w/breakfast nook, hardwood floors through-out w/tile floor entry.Bright master suites w/valuted ceilings.Laundry Room is at same level,Central heating and AC,windows with Hunter Douglas shades,1 car underground parking

Last Agent to Sell the Property

Karen Young

Compass License #01179172 Listed on: 06/20/2012

Compass

Last Buyer's Agent

Annette Odello

Odello Realty License #00901072

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,387

Year Built

  • Built in 1993

Lot Details

  • 653

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Additional Features

  • Energy-Efficient Insulation
  • Security Fence

Listing and Financial Details

  • Assessor Parcel Number 124-37-137

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, cable / dish, water, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - earthquake, insurance - liability
  • Palo Alto Central Association
  • Built by Palo Alto Central

Amenities

  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,387

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Age: 19
  • Sale Price Per Sq Ft: 654.47
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1230
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Complex Name: Palo Alto Central
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 81
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B7
  • Year Built: 1993
  • Zoning Description: RM40
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1230
  • Stories: 2
  • Security: Security Gate, Fire Alarm, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Formal Entry, Storage, Utility Room
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile, Concrete
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Electric

Condo/Co-op/Association

  • HOA Fees: 565
  • HOA Amenities: Club House, Additional Storage, Elevator, Community Pool, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Cable / Dish, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability
  • H O A Name Text: Palo Alto Central
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Garden Window, High Ceiling, Vaulted Ceiling, Balcony/Patio

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Parcel Number: 124-37-137
  • List Price per Sq Ft: 649.59
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 630.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 630.00
  • Lot Size Area Min Search: 630.00
  • Maximum Lot Size: 630.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Karnik Archana
Bought by
Karnik Archana and Arch Nikki Raj Family Trust
Current Estimated Value
$1,170,156

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jul 19, 2012
Sold by
Miller Deborah L
Bought by
Karnik Archana
Seller's Agent
Karen Young
Compass
Buyer's Agent
Annette Odello
Odello Realty
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$625,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2000
Sold by
Najib Khouri Haddad
Bought by
Miller Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 9, 1994
Sold by
Summerhill Palo Alto Ii Inc
Bought by
Khouri Haddad Najib and Khouri Haddad Jocelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,300
Interest Rate
7.12%
Source: Public Records

Range of Values:

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Average Value
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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
Karnik Archana -- None Available
Karnik Archana $804,750 Chicago Title Company
Miller Deborah L $500,000 Old Republic Title Company
Khouri Haddad Najib $252,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karnik Archana $498,000
Closed Karnik Archana $400,000
Closed Karnik Archana $500,000
Closed Karnik Archana $625,000
Previous Owner Miller Deborah L $360,000
Previous Owner Miller Deborah L $500,000
Previous Owner Khouri Haddad Najib $201,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $805,000 +0.8% $654 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $799,000 -- $650 / 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 $12,387 $991,292 $495,646 $495,646
2024 $12,387 $971,856 $485,928 $485,928
2023 $12,203 $952,800 $476,400 $476,400
2022 $12,057 $934,118 $467,059 $467,059
2021 $11,820 $915,802 $457,901 $457,901
2020 $11,588 $906,412 $453,206 $453,206
2019 $11,373 $888,640 $444,320 $444,320
2018 $11,073 $871,216 $435,608 $435,608
2017 $10,877 $854,134 $427,067 $427,067
2016 $10,587 $837,388 $418,694 $418,694
2015 $10,479 $824,810 $412,405 $412,405
2014 $10,204 $808,654 $404,327 $404,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81223247

MLSListings

APN: 124-37-137