NOT LISTED FOR SALE

325 Channing Ave Unit 118 Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,516,000 - $4,363,000

2 Beds
2.5 Baths
2,082 Sq Ft
$1,246/mo HOA Fee

Last Sold April 09, 2024

Last sale price $3,960,000 $1,902 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $27,949/month

27 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Marble Flooring
  • Addison Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • 1-minute walk to Scott Park

About This Home

As of April 2024

One of the finest units in the most highly sought-after Palo Alto location: Woodmark at University Park. With its own private entry, the foyer leads to the elegant natural light-filled great room featuring high ceilings, hardwood floors, a spacious living area with fireplace flanked by built-in bookcases, dining area with designer pendant and library/office with custom cabinetry behind pocket doors. French doors create a seamless flow to the private patio, perfect for entertainment. The kitchen features quartz countertops, high-end appliances, and bar-counter seating. Bedroom ensuites are upstairs, including the primary with a seating area and spacious bathroom with soaking tub, step-in shower, and custom walk-in closet. Set on a tree-lined street next to Heritage Park, within strolling distance to University Avenue, Farmers Market, Town and Country Village, Whole Foods, Stanford, and outstanding Palo Alto Schools. Two secured parking spaces, storage unit, and bike storage. PROPERTY WEBSITE: 325channing118.com

Last Agent to Sell the Property

Estela Freeman

Compass License #00994614 Listed on: 02/28/2024

Compass

Last Buyer's Agent

Bill Lister

Coldwell Banker Realty License #01179611

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,623

Year Built

  • Built in 2004

Lot Details

  • 1,437

HOA Fees

  • $1,246 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Neighborhood Views
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 120-11-025

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - structure, maintenance - common area, management fee, roof
  • The Woodmark At University Park Association

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,623

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,246 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Craftsman
  • Age: 20
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 36
  • Structure Sq Ft: 2082
  • Year Built: 2004
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Log, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Gas, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 2082
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Alarm
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Upper Floor, Washer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Den / Study / Office, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half on Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1246
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Structure, Maintenance - Common Area, Management Fee, Roof
  • H O A Name Text: The Woodmark at University Park
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-11-025

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 29, 2024
Sold by
Gonzalez-Gaubeka Family Trust and Gonzalez Rafael Antonio
Bought by
2020 Phil G Wickham Revocable Trust and Wickham
Seller's Agent
Estela Freeman
Compass
Buyer's Agent
Bill Lister
Coldwell Banker Realty
List Price
$3,980,000
Sold Price
$3,960,000
Premium/Discount to List
-$20,000
-0.5%
Views
53
Current Estimated Value
$4,137,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,096
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Nov 16, 2022
Sold by
Gonzalez Rafael A and Gaubeka Elizabeth
Bought by
Gonzalez-Gaubeka Family Trust

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 16, 2022
Sold by
Kayla K Skidmore Trust
Bought by
Gonzalez Rafael A and Gonzalez Elizabeth Gaubeka
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Estela Freeman
Compass
List Price
$3,798,000
Sold Price
$3,900,000
Premium/Discount to List
$102,000
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$2,162,300
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Skidmore Kayla K
Bought by
Skidmore Kayla K

Purchase Details

Closed on
Jun 23, 2014
Sold by
Skidmore Kayla
Bought by
Skidmore Kayla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Interest Rate
2.56%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2014
Sold by
Skidmore Jeffrey
Bought by
Skidmore Kayla

Purchase Details

Closed on
Oct 29, 2004
Sold by
Summerhill Woodmark Llc
Bought by
Balwani Ramesh
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
2020 Phil G Wickham Revocable Trust $3,960,000 Lawyers Title Company
Gonzalez-Gaubeka Family Trust -- --
Gonzalez Rafael A $3,900,000 Lawyers Title
Skidmore Kayla K -- None Available
Skidmore Kayla K -- None Available
Skidmore Kayla -- Old Republic Title Company
Skidmore Kayla $2,049,750 Old Republic Title Company
Balwani Ramesh $1,475,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Rafael A $2,162,300
Previous Owner Skidmore Kayla K $2,292,500
Previous Owner Skidmore Kayla K $1,628,720
Previous Owner Skidmore Kayla K $1,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $3,960,000 -0.5% $1,902 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $3,980,000 +2.1% $1,912 / Sq Ft
03/25/2022 03/25/22 Sold $3,900,000 +2.7% $1,873 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $3,798,000 -- $1,824 / 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
2024 $48,623 $4,057,560 $2,028,780 $2,028,780
2023 $47,911 $3,978,000 $1,989,000 $1,989,000
2022 $29,128 $2,368,068 $1,184,034 $1,184,034
2021 $28,556 $2,321,636 $1,160,818 $1,160,818
2020 $27,967 $2,297,832 $1,148,916 $1,148,916
2019 $27,658 $2,252,778 $1,126,389 $1,126,389
2018 $26,900 $2,208,606 $1,104,303 $1,104,303
2017 $26,429 $2,165,300 $1,082,650 $1,082,650
2016 $25,737 $2,122,844 $1,061,422 $1,061,422
2015 $25,487 $2,090,958 $1,045,479 $1,045,479
2014 -- $1,677,202 $838,601 $838,601
Source: Public Records

Agents Affiliated with this Home

  • Estela Freeman

    Seller's Agent in 2024

    Estela Freeman

    Compass

    (650) 380-3588

    2 in this area

    3 Total Sales

    Section Image
  • Bill Lister

    Buyer's Agent in 2024

    Bill Lister

    Coldwell Banker Realty

    (408) 892-9300

    1 in this area

    194 Total Sales

    Section Image
  • Monica Corman

    Seller's Agent in 2022

    Monica Corman

    Compass

    (650) 543-1164

    4 in this area

    37 Total Sales

    Section Image
  • Mandy Montoya

    Seller Co-Listing Agent in 2022

    Mandy Montoya

    Compass

    (650) 250-4517

    3 in this area

    45 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81955788

MLSListings

APN: 120-11-025

California Santa Clara County Palo Alto 94301 University South

325 Channing Ave Unit 118, Palo Alto, CA

This home is located at 325 Channing Ave Unit 118, Palo Alto, CA 94301 since 28 February 2024 and is currently estimated at $3,933,347, approximately $1,889 per square foot. This property was built in 2004. 325 Channing Ave Unit 118 is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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