$2,200,000
SOLD JAN 5, 2016
3 Beds
3 Baths
2,010 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$1,095 Per Sq Ft

10% Above List Price

8 Days on Market

Highlights

  • Community Cabanas
  • Gated Community
  • Wood Flooring
  • Addison Elementary School Rated A+
  • City Lights View
  • 3-minute walk to Cogswell Plaza

About This Home

As of January 2016

Urban living in downtown Palo Alto at the highly-sought after Everett House, steps to University Avenue, Johnson Park and fine shopping and dining. A warm and spacious home on a single level accessed via the elevator provides lock-and-leave ease. Spacious, private terrace spans the width of the building and overlooks the HOA pool and urban scene beyond. Two smaller balconies complete the outdoor space.Wonderful natural light floods the rooms in this mid-Century modern classic. 2 parking spaces, too.

Last Agent to Sell the Property

Lottie Kendall

Golden Gate Sotheby's International Realty License #01215160 Listed on: 11/11/2015

Last Buyer's Agent

Lynette Morehead-Crum

Intero Real Estate Services License #01013351

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,958

Year Built

  • Built in 1961

Parking

  • 1 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Uncovered Parking
  • Assigned Parking

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 2,010 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Entry
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Cabana
  • In Ground Pool

Utilities

  • Forced Air Heating System
  • Master Meter

Additional Features

  • Balcony
  • Grass Covered Lot

Listing and Financial Details

  • Assessor Parcel Number 120-23-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area gas, decks, electricity, exterior painting, fencing, garbage, gas, heating, hot water, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, pool spa or tennis, roof, security service, sewer, water / sewer
  • 16 Units
  • Everett House Assn., Quantum Mgmt. Association
  • Built by The Everett House
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Cabanas
  • Community Pool

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,958

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions, Pets - Restrictions
  • Age: 54
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 16
  • Structure Sq Ft: 2010
  • Complex Name: The Everett House
  • Incorporated: Yes
  • Year Built: 1961
  • Zoning Description: RM4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher
  • Living Sq Ft: 2010
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - In Ground
  • View: City, City Lights, Hills
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking, Electric Gate, Uncovered Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 1029
  • HOA Amenities: Cabana, Community Pool, Community Security Gate, Elevator
  • Association Fees Include: Common Area Gas, Decks, Electricity, Exterior Painting, Fencing, Garbage, Gas, Heating, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Roof, Security Service, Sewer, Water / Sewer
  • H O A Name Text: Everett House Assn., Quantum Mgmt.
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-23-007
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20000.00

Multi Family

  • Utilities: Master Meter, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2015
Closed on
Dec 15, 2015
Sold by
Flores Richard A and Flores Nancy L
Bought by
Meijer Erik and Broekhoven Lilian M
Seller's Agent
Lottie Kendall
Golden Gate Sotheby's International Realty
Buyer's Agent
Lynette Morehead-Crum
Intero Real Estate Services
List Price
$1,995,000
Sold Price
$2,200,000
Premium/Discount to List
$205,000
10.28%
Current Estimated Value
$2,563,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,057
Avg. Annual Appreciation
1.59%
Original Mortgage
$1,430,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 1995
Sold by
Flores Richard A and Flores Nancy L
Bought by
Flores Richard A and Flores Nancy L

Purchase Details

Closed on
May 31, 1995
Sold by
Poole Helen
Bought by
Flores Richard A and Flores Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.37%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Grant Deed $335,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,430,000 New Conventional
Closed $1,430,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $245,000 Unknown
Previous Owner $263,076 Unknown
Previous Owner $275,000 Unknown
Previous Owner $325,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $268,000 No Value Available
Closed $33,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Rented $7,900 0.0% --
11/07/2019 11/07/19 Price Changed $7,900 -2.5% $4 / Sq Ft
10/30/2019 10/30/19 Price Changed $8,100 -18.8% $4 / Sq Ft
08/25/2019 08/25/19 For Rent $9,980 0.0% --
01/05/2016 01/05/16 Sold $2,200,000 +10.3% $1,095 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/11/2015 11/11/15 For Sale $1,995,000 -- $993 / 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 $30,958 $2,604,348 $1,302,174 $1,302,174
2024 $30,958 $2,553,284 $1,276,642 $1,276,642
2023 $30,503 $2,503,220 $1,251,610 $1,251,610
2022 $30,153 $2,454,138 $1,227,069 $1,227,069
2021 $29,560 $2,406,018 $1,203,009 $1,203,009
2020 $28,950 $2,381,348 $1,190,674 $1,190,674
2019 $28,631 $2,334,656 $1,167,328 $1,167,328
2018 $27,763 $2,288,880 $1,144,440 $1,144,440
2017 $27,275 $2,244,000 $1,122,000 $1,122,000
2016 $6,339 $474,964 $237,376 $237,588
2015 $6,270 $467,831 $233,811 $234,020
2014 $6,063 $458,667 $229,231 $229,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81522296

MLSListings

APN: 120-23-007