$2,935,000
SOLD MAY 17, 2016
3 Beds
3 Baths
2,064 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$1,422 Per Sq Ft

2% Below List Price

52 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Hydromassage or Jetted Bathtub
  • Addison Elementary School Rated A+
  • Radiant Floor
  • 3-minute walk to Cogswell Plaza

About This Home

As of March 2017

Rare downtown offering. Sixth floor Penthouse condo about 2 blocks from University Ave and 4 blocks from CalTrans station. Three bedroom/Three bath floor plan has 2 bed/bath suites. Recently remodeled kitchen with generous counter space and bar seating. Heated tile floors in bathrooms and kitchen. Wide balcony off master + living room. Fireplace in living room. PLUS huge terrace (over 1,000 sq. ft. )for dining, seating, gardening- - w/glass wind-break walls, planters w/drip irrigation. Good closet space. 2-car gated parking and additional storage. Large laundry room w/washer, dryer and sink. 16-unit building has a pool. Enjoy city life from your own special downtown perch! CONSIDER THIS --- HOA dues include all utilities for this unit along with standard HOA fees, per seller.

Last Agent to Sell the Property

Nancy Goldcamp

Coldwell Banker Realty License #00787851 Listed on: 03/12/2016

Coldwell Banker Realty

Last Buyer's Agent

Terri Brown

Coldwell Banker Realty License #01387483

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,109

Year Built

  • Built in 1961

Lot Details

  • Back Yard Fenced
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Reinforced Concrete Foundation
  • Foam Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Gas Fireplace
  • Dining Area
  • City Views
  • Security Gate

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 120-22-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance - common area, pool spa or tennis
  • Everett House Association

Security

  • Controlled Access
  • Building Fire Escape
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,109

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 2064
  • Year Built: 1961
  • Zoning Description: RM4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Ornamental Only
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Double, Oven - Electric, Refrigerator
  • Living Sq Ft: 2064
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire Escape, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Stall Shower, Stone, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Pool - In Ground
  • Roof: Foam
  • View: City
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 1793
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Everett House Association
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-22-007
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.40

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2017
Sold by
Windham Patrick H and Prabhakar Arati
Bought by
Windham Patrick H and Prabhakar Arati
Current Estimated Value
$3,072,947

Purchase Details

Listed on
Feb 21, 2017
Closed on
Feb 28, 2017
Sold by
Peek Mark S
Bought by
Windham Patick H and Prabhakar Arati
Seller's Agent
Terri Brown
Keller Williams Palo Alto
Buyer's Agent
Julia Laquer
Christie's International Real Estate Sereno
List Price
$2,799,000
Sold Price
$2,935,000
Premium/Discount to List
$136,000
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%

Purchase Details

Listed on
Mar 12, 2016
Closed on
May 10, 2016
Sold by
Destefano Paul R and Von Gustlin Gretchen
Bought by
Peek Mark S
Seller's Agent
Nancy Goldcamp
Coldwell Banker Realty
Buyer's Agent
Terri Brown
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,935,000
Premium/Discount to List
-$60,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Jun 4, 2015
Closed on
Aug 7, 2015
Sold by
Muller James Robert and Gupta Maya R
Bought by
Destefano Paul R and Von Gustlin Gretchen
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Shelley Risko
Sotheby’s International Realty
List Price
$3,498,000
Sold Price
$3,150,000
Premium/Discount to List
-$348,000
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.00%
Original Mortgage
$1,150,000
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2012
Sold by
Shippee Geoffrey
Bought by
Muller James Robert and Gupta Maya R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 2011
Sold by
Badiei Farnaz
Bought by
Shippee Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Weil Sage A
Bought by
Shippee Geoffrey and Badiei Farnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2005
Sold by
Martin Wilbur F
Bought by
Weil Sage A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Palo Alto, CA

  • 200 Sheridan Ave Unit 103, Palo Alto, CA 94306

    $2,425,100

    • 3 Beds
    • 3 Baths
    • 1,827 Sq Ft
    • 200 Sheridan Ave
    • Unit 103
    • Palo Alto, CA

    Mediterranean elegance meets modern living at Provence Condominiums in Palo Alto. This luxury 4-story building offers resort-style amenities including a pool, hot tub, secure 2-level parking garage with EV chargers, and Caffe Riace on-site. Built in 1997 and updated over time, this 30-unit community is just blocks away from California Ave dining, shops, and cafes. Units feature high ceilings and

    Eleni Giotinis Coldwell Banker Realty

    Section Image
  • 2878 Josephine Ln, Palo Alto, CA 94303

    $2,268,000

    • 3 Beds
    • 3.5 Baths
    • 1,770 Sq Ft
    • 2878 Josephine Ln
    • Palo Alto, CA

    Welcome to 28Fifty, a brand-new community by SummerHill Homes, featuring 48 townhomes in the sought-after Midtown Palo Alto neighborhood. Offering the perfect blend of modern style, functional living, and a prime location, 28Fifty is where convenience meets contemporary comfort. Plan 3X Prime Park Location offers 3 spacious bedrooms, ground-floor den with half bath, and 3 full bathrooms, ideal

    Natalie Viviani Summerhill Brokerage, Inc.

    Section Image
  • 1135 Esther Ct, Palo Alto, CA 94303

    $2,368,000

    • 3 Beds
    • 3.5 Baths
    • 1,907 Sq Ft
    • 1135 Esther Ct
    • Palo Alto, CA

    Welcome to this Modern, New construction Palo Alto townhome-style condominium, offering a comfortable and convenient lifestyle. Spanning approximately 1,907 square feet, this residence features 3 bedrooms, den and 3 full bathrooms + 1 half bath, ideal for families or those needing additional space. The kitchen is a standout, equipped with modern amenities such as an electric cooktop, quartz

    Natalie Viviani Summerhill Brokerage, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- Cornerstone Title Company
Grant Deed $2,935,000 Cornerstone Title Company
Grant Deed $2,935,000 Chicago Title Company
Grant Deed $3,150,000 Chicago Title Company
Grant Deed $2,499,750 Chicago Title Company
Interfamily Deed Transfer -- Lsi
Grant Deed $1,965,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $1,275,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,150,000 Seller Take Back
Previous Owner $1,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $625,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 New Conventional
Previous Owner $1,476,700 New Conventional
Previous Owner $98,250 Credit Line Revolving
Previous Owner $1,473,750 Negative Amortization
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $2,935,000 +4.9% $1,422 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $2,799,000 -4.6% $1,356 / Sq Ft
05/17/2016 05/17/16 Sold $2,935,000 -2.0% $1,422 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $2,995,000 -4.9% $1,451 / Sq Ft
08/18/2015 08/18/15 Sold $3,150,000 -9.9% $1,526 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $3,498,000 -- $1,695 / 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 $40,109 $3,339,524 $1,669,762 $1,669,762
2023 $39,520 $3,274,044 $1,637,022 $1,637,022
2022 $39,066 $3,209,848 $1,604,924 $1,604,924
2021 $38,297 $3,146,910 $1,573,455 $1,573,455
2020 $37,500 $3,114,644 $1,557,322 $1,557,322
2019 $37,087 $3,053,574 $1,526,787 $1,526,787
2018 $36,060 $2,993,700 $1,496,850 $1,496,850
2017 $36,202 $2,993,700 $1,496,850 $1,496,850
2016 $37,777 $3,150,000 $1,575,000 $1,575,000
2015 $30,952 $2,561,526 $1,280,763 $1,280,763
2014 $30,347 $2,511,350 $1,255,675 $1,255,675
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81565006

MLSListings

APN: 120-22-007