NOT LISTED FOR SALE

3303 Alma St Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $2,134,348

0.17 Acre
$12,727,179 Price per Acre
7,305 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $2,200,000 $1,719 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,942/month

42 Days on Market

About This Lot

As of March 2022

Prime corner location! The zoning is RM20 residential/multi-unit. The current use and improvements(grandfathered) is a commercial office. The building offers two units both with a reception area, offices, and bathrooms. The total sqft of the building is 1,280 sqft. Future development includes multiple options: A single-family home, a single-family home with an ADU, single-family home with an ADU, and a JADU or 2 residential units. Not on a flood zone, basements allowed and exempted from maximum floor area. buyer to verify information with city planning/development.

Last Agent to Sell the Property

Victor Aenlle

Coldwell Banker Realty License #01122395 Listed on: 01/27/2022

Coldwell Banker Realty

Last Buyer's Agent

Deborah Nichols

Coldwell Banker Realty License #00955497

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,016

Lot Details

  • 7,305 Sq Ft Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$28,016

Lot Details

0

Listing Details

  • Zoning: RM2
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Office
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1677
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7305.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7305.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 28, 2022
Sold by
Herbert G Mankin Unified Shelter Trust
Bought by
Fagin Adam P and Stoker Amelia C
Seller's Agent
Victor Aenlle
Coldwell Banker Realty
Buyer's Agent
Deborah Nichols
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,134,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,652
Avg. Annual Appreciation
-0.88%
Original Mortgage
$2,200,000
Outstanding Balance
$2,073,571
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$60,777

Purchase Details

Closed on
Aug 12, 2021
Sold by
Rosenthal Mankin Linda
Bought by
Herbert And Linda Mankin Living Trust and Livin Linda

Purchase Details

Closed on
May 20, 2009
Sold by
Mankin Linda R
Bought by
Mankin Linda R
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
Fagin Adam P $2,200,000 Orange Coast Title
Herbert And Linda Mankin Living Trust -- --
Mankin Linda R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagin Adam P $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $2,200,000 0.0% $1,719 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $2,200,000 -- $1,719 / 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 $28,016 $3,018,056 $2,228,536 $789,520
2024 $28,016 $2,288,880 $2,184,840 $104,040
2023 $27,603 $2,244,000 $2,142,000 $102,000
2022 $25,983 $2,091,000 $2,004,300 $86,700
2021 $2,288 $102,615 $31,133 $71,482
2020 $2,259 $101,564 $30,814 $70,750
2019 $2,230 $99,573 $30,210 $69,363
2018 $2,204 $97,621 $29,618 $68,003
2017 $2,164 $95,708 $29,038 $66,670
2016 $2,101 $93,832 $28,469 $65,363
2015 $2,073 $92,424 $28,042 $64,382
2014 -- $90,614 $27,493 $63,121
Source: Public Records

Agents Affiliated with this Home

  • Victor Aenlle

    Seller's Agent in 2022

    Victor Aenlle

    Coldwell Banker Realty

    (650) 222-8189

    2 in this area

    8 Total Sales

    Victor Aenlle
    Section Image

  • D

    Buyer's Agent in 2022

    Deborah Nichols

    Coldwell Banker Realty

    (650) 996-3191

    2 in this area

    7 Total Sales

    Deborah Nichols
    Section Image
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Map

Source: MLSListings

MLS Number: ML81875995

MLSListings

APN: 132-28-043

California Santa Clara County Palo Alto 94306 South of Midtown

3303 Alma St, Palo Alto, CA

This home is located at 3303 Alma St, Palo Alto, CA 94306 since 27 January 2022 and is currently estimated at $2,134,348, approximately $1,667 per square foot. 3303 Alma St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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