NOT LISTED FOR SALE

Estimated Value: $1,351,000 - $1,643,000

2 Beds
2.5 Baths
1,130 Sq Ft
$369/mo HOA Fee

Last Sold May 30, 2024

Last sale price $1,400,000 $1,239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,905/month

44 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Granite Countertops
  • Palo Verde Elementary School Rated A+
  • High Ceiling
  • Balcony

About This Home

As of May 2024

PRICE REDUCTION OF $175,000! This charming end unit boasts lots of sunshine. As you step inside, you'll be greeted by high ceilings, recessed lighting, and a practical floorplan that creates an inviting atmosphere throughout. The open kitchen is a standout feature, complete with granite countertops, an eat-in counter, and a dining area perfect for entertaining. The primary suite is a true retreat, offering a walk-in closet and a bathroom with dual vanities. Convenient indoor laundry is a plus. Outside, you'll find a private balcony space where you can relax and unwind. Parking is a non-issue with the oversized 2 car tandem garage, providing ample space for your vehicles. Can also be used for a home office or added living space. Easy access to biking and hiking trails, tech companies, parks, shopping, and restaurants giving you a complete package of the Palo Alto lifestyle. Whether you're looking for a peaceful sanctuary or a place to entertain, this home has it all. Don't miss out on this opportunity!

Last Agent to Sell the Property

Paul Bertoldo

Compass License #01449321 Listed on: 03/21/2024

Compass

Co-Listed By

Tami Lantis

Compass License #01487747

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,738

Year Built

  • Built in 2009

Lot Details

  • 2,134

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Additional Features

  • Balcony
  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-70-031

Community Details

Overview

  • Association fees include common area electricity, insurance - liability, landscaping / gardening, maintenance - common area
  • Echelon Community Association
  • The community has rules related to parking rules
  • Car Wash Area
  • Greenbelt

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,738

Year Built

Built in 2009

Lot Details

0

HOA Fees

$369 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: LMSD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 2
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Showers over Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 369
  • HOA Amenities: Garden / Greenbelt / Trails, Playground, Car Wash Area
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area
  • H O A Name Text: Echelon Community Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-70-031

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 15, 2024
Sold by
Bradley Vroom And Laura Vroom 2008 Trust and Vroom Bradley C
Bought by
Malhotra Sanjay and Kummar Shivaani
Seller's Agent
Paul Bertoldo
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$1,699,000
Sold Price
$1,400,000
Premium/Discount to List
-$299,000
-17.6%
Views
63
Current Estimated Value
$1,478,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,716
Avg. Annual Appreciation
2.84%
Original Mortgage
$400,000
Outstanding Balance
$395,349
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$1,053,781

Purchase Details

Closed on
Apr 12, 2019
Sold by
Vroom Bradley C and Vroom Laura J
Bought by
Vroom Bradley C and Vroom Laura J

Purchase Details

Closed on
Sep 19, 2015
Sold by
Biondolillo Marc and Biondolillo Christina
Bought by
Vroom Bradley C and Vroom Laura J

Purchase Details

Closed on
May 22, 2012
Sold by
Chia Rosina C and Lao Eugene Y
Bought by
Biondolillo Marc and Biondolillo Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2009
Sold by
Summerhill 1101 East Meadow Llc
Bought by
Chia Rosina C and Lao Eugene Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2006
Sold by
Batton Associates Llc
Bought by
Standard Pacific Corp
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
Malhotra Sanjay $1,400,000 Orange Coast Title
Vroom Bradley C -- None Available
Vroom Bradley C $1,230,000 Cornerstone Title Company
Biondolillo Marc $749,750 Old Republic Title Company
Chia Rosina C -- First American Title Company
Standard Pacific Corp -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Sanjay $400,000
Previous Owner Biondolillo Marc $600,000
Previous Owner Chia Rosina C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $1,400,000 -8.1% $1,239 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $1,524,000 -10.3% $1,349 / Sq Ft
03/21/2024 03/21/24 For Sale $1,699,000 -- $1,504 / 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 $17,738 $1,428,000 $714,000 $714,000
2024 $17,738 $1,427,512 $713,756 $713,756
2023 $17,476 $1,399,522 $699,761 $699,761
2022 $17,271 $1,372,082 $686,041 $686,041
2021 $16,932 $1,345,180 $672,590 $672,590
2020 $16,590 $1,331,388 $665,694 $665,694
2019 $16,405 $1,305,284 $652,642 $652,642
2018 $15,964 $1,279,692 $639,846 $639,846
2017 $15,684 $1,254,600 $627,300 $627,300
2016 $15,271 $1,230,000 $615,000 $615,000
2015 $10,078 $783,825 $548,678 $235,147
2014 $9,811 $768,472 $537,931 $230,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958453

MLSListings

APN: 127-70-031