NOT LISTED FOR SALE

2585 Park Blvd Unit Z204 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $1,116,534 - $1,787,000

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

Last Sold June 21, 2013

Last sale price $795,000 $646 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,931/month

132 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Sauna
  • Escondido Elementary School Rated A+
  • Wood Flooring
  • 5-minute walk to Sarah Wallis Park

About This Home

As of June 2013

Lovely upper level condo w/pool view! Light & bright w/high vaulted ceilings. HW floors downstairs, cozy carpeting upstairs. Granite kitchen counters. Desirable location, walk/bike/run to Cal Ave restaurants, shops and Farmers' Market. Apparently close to proposed new "tech corridor" which will be "filled with startups and incubators." Great investment opp for any homeowner. Fabulous PA schools!

Last Agent to Sell the Property

Shaler Barnes

Cowperthwaite & Company License #01446634 Listed on: 01/24/2013

Cowperthwaite & Company

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,245

Year Built

  • Built in 1993

Lot Details

  • Security Fence

Parking

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

Home Design

  • Tile Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124-37-154

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

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,245

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 20
  • Sale Price Per Sq Ft: 646.34
  • 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
  • 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, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1230
  • Stories: 2
  • Security: Security Features, Security Gate, Fire Alarm, Fire System - Sprinkler, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Gate / Door Opener, Off-Street Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 565
  • HOA Amenities: Additional Storage, 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 Association
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), 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: 124-37-154
  • Lot Location: Court
  • List Price per Sq Ft: 568.29
  • 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: Skylight, Thermostat Controller

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

Listed on
Jan 24, 2013
Closed on
Jun 6, 2013
Sold by
Sachchamarga Wititchai and Sachchamarga Savaraj
Bought by
Lee Chun Wei
Seller's Agent
Shaler Barnes
Cowperthwaite & Company
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$809,000
Sold Price
$795,000
Premium/Discount to List
-$14,000
-1.73%
Current Estimated Value
$1,303,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,634
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Hiraoka Jose G and Hiraoka Cecilia L
Bought by
Sachchamarga Savaraj and Sachchamarga Sukrita

Purchase Details

Closed on
Nov 27, 2006
Sold by
Hiraoka Jose G and Hiraoka Cecilia L
Bought by
Hiraoka Jose G and Hiraoka Cecilia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Hiraoka Jose G and Hiraoka Cecilia Lee
Bought by
Hiraoka Jose G and Hiraoka Cecilia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1998
Sold by
Lowhurst Harvey G
Bought by
Hiraoka Jose G and Hiraoka Cecilia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.35%

Purchase Details

Closed on
Dec 20, 1994
Sold by
Summerhill Palo Alto Ii Inc
Bought by
Lowhurst Harvey G
Source: Public Records

Range of Values:

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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
Lee Chun Wei $794,750 First American Title Company
Sachchamarga Savaraj $730,000 First American Title Company
Hiraoka Jose G -- Stewart Title Of Ca Inc
Hiraoka Jose G -- Alliance Title Company
Hiraoka Jose G $390,000 First American Title Guarant
Lowhurst Harvey G $254,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiraoka Jose G $450,000
Previous Owner Hiraoka Jose G $427,500
Previous Owner Hiraoka Jose G $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $795,000 +13.7% $646 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/24/2013 05/24/13 Price Changed $699,000 -12.1% $568 / Sq Ft
04/12/2013 04/12/13 Price Changed $795,000 -1.7% $646 / Sq Ft
01/24/2013 01/24/13 For Sale $809,000 -- $658 / 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 $12,245 $978,974 $489,487 $489,487
2024 $12,245 $959,780 $479,890 $479,890
2023 $11,757 $915,000 $457,500 $457,500
2022 $11,919 $922,512 $461,256 $461,256
2021 $11,685 $904,424 $452,212 $452,212
2020 $11,373 $895,152 $447,576 $447,576
2019 $11,242 $877,600 $438,800 $438,800
2018 $10,946 $860,394 $430,197 $430,197
2017 $10,752 $843,524 $421,762 $421,762
2016 $10,465 $826,986 $413,493 $413,493
2015 $10,358 $814,564 $407,282 $407,282
2014 $10,085 $798,608 $399,304 $399,304
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shaler Barnes

    Cowperthwaite & Company

    Section Image

  • J

    Buyer's Agent in 2013

    Juliana Lee

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81302110

MLSListings

APN: 124-37-154

California Santa Clara County Palo Alto 94306 Old Palo Alto

2585 Park Blvd Unit Z204, Palo Alto, CA

This home is located at 2585 Park Blvd Unit Z204, Palo Alto, CA 94306 since 24 January 2013 and is currently estimated at $1,303,634, approximately $1,059 per square foot. This property was built in 1993. 2585 Park Blvd Unit Z204 is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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