$2,538,000
SOLD NOV 1, 2016

2905 Simkins Ct Palo Alto, CA 94303

Midtown Palo Alto Neighborhood
4 Beds
6 Baths
2,670 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$951 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Den
  • Balcony
  • Forced Air Heating System
  • Palo Verde Elementary School Rated A+
  • Skylights
  • 3-minute walk to Greer Park

About This Home

As of October 2023

Situated in an ideal location, across from Greer Park, this rare Palo Alto duplex is sun filled and close to many amenities including easy access to schools and shopping. Each unit consists of 2 bedrooms, an office, 2.5 baths, combined living-dining area with fireplace, a large back yard, and an attached 2 car garage. This home has much flexibility: Live in one unit, rent the other; rent out both; or, easily combine both units and live in entire building.

Last Agent to Sell the Property

Nadr Essabhoy

Compass License #01085354 Listed on: 09/28/2016

Compass

Last Buyer's Agent

Bing Jiang

Goodview Financial & R.E. License #01200662

Property Details

Home Type

  • Multi-Family

Year Built

  • 1984

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Den
  • Disposal
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $91,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $4,200
  • Insurance Expense $2,100
  • Operating Expense $16,283
  • Gross Income $91,200

Property Details

Home Type

Multi-Family

Year Built

1984

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 32
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2670
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Kitchen: Garbage Disposal, Refrigerator
  • Living Sq Ft: 2670
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Office Area

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8280.76
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8280.76

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 27.36
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2100
  • Expense Landscape: 4200
  • Expenses Total: 16283
  • Income Annual Gross: 91200.00
  • Income Annual Rental: 91200
  • Income Gross Scheduled: 91200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Other, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $2,950,000 -1.6% $1,105 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $2,999,000 0.0% $1,123 / Sq Ft
03/30/2022 03/30/22 Rented $4,200 -6.7% --
02/03/2022 02/03/22 For Rent $4,500 0.0% --
11/01/2016 11/01/16 Sold $2,538,000 +1.7% $951 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $2,495,000 -- $934 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Yi He

    Seller's Agent in 2023

    Yi He

    KW Santa Clara Valley, Inc.

    (415) 335-2123

    1 in this area

    40 Total Sales

    Yi He
    Section Image
  • April Cammarano

    Buyer's Agent in 2023

    April Cammarano

    Zen Realty

    (650) 219-3099

    1 in this area

    24 Total Sales

    April Cammarano
    Section Image
  • Nadr Essabhoy

    Seller's Agent in 2016

    Nadr Essabhoy

    Compass

    (650) 248-5898

    5 in this area

    86 Total Sales

    Nadr Essabhoy
    Section Image

  • B

    Buyer's Agent in 2016

    Bing Jiang

    Goodview Financial & R.E.

See All Agents

Map

Source: MLSListings

MLS Number: ML81626368

MLSListings

APN: 127-01-162

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2905 Simkins Ct, Palo Alto, CA

This home is located at 2905 Simkins Ct, Palo Alto, CA 94303 and is currently priced at $2,538,000, approximately $950 per square foot. This property was built in 1984. 2905 Simkins Ct is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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