NOT LISTED FOR SALE

425 Alma St Unit 410 Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $955,603 - $1,616,000

2 Beds
1 Bath
780 Sq Ft
784 Sq Ft Lot

Last Sold September 10, 2012

Last sale price $661,000 $847 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,222/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • 2-minute walk to Palo Alto
  • Contemporary Architecture
  • Addison Elementary School Rated A+
  • Mountain View
  • 3-minute walk to Lytton Plaza

About This Home

As of September 2012

Wonderful light and Bright Penthouse unit in the Abitare. Beautiful Kitchen remodel with maple cabinets, Caesar stone counter tops, and stainless steel appliances. Beautiful western views of the Mountains with a nice balcony. Located so close to downtown Palo Alto, Stanford, and Caltrain. This is the ultimate in urban living. Great also as a pied a terre. Can easily be converted to 2 bedroom

Last Agent to Sell the Property

Sunny Kim

Compass License #01215151 Listed on: 07/11/2012

Compass

Last Buyer's Agent

Timothy Trailer

Coldwell Banker Realty License #00426209

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,264

Year Built

  • Built in 1984

Lot Details

  • 784

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Storage Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Loft Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Location

  • Unit is on the top floor

Utilities

  • Zoned Heating
  • Radiant Heating System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-68-045

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, management fee, reserves, sewer, water, common area electricity, decks, exterior painting, fencing, garbage, insurance - liability
  • Abitare Homeowners Association

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,264

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 28
  • Sale Price Per Sq Ft: 847.44
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 780
  • Barclay Horizontal: 7
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: H
  • Map Top Coordinate Secondary: 7
  • Thomas Bros Page: 790
  • Thomas Brothers: H5
  • Year Built: 1984
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Breakfast Bar
  • Kitchen: Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 780
  • Stories: 1
  • Bedrooms: Loft Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate
  • Additional Rooms: Storage
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Post and Pier
  • Roof: Tar and Gravel
  • View: Mountains

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Gate / Door Opener

Utilities

  • Heating System: Heating - 2+ Zones, Radiant

Condo/Co-op/Association

  • HOA Fees: 475
  • HOA Amenities: Elevator
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Management Fee, Reserves, Sewer, Water, Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance - Liability
  • H O A Name Text: Abitare Homeowners Association
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Balcony/Patio

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: 120-68-045
  • List Price per Sq Ft: 767.95
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 780.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 780.00
  • Lot Size Area Min Search: 780.00
  • Maximum Lot Size: 780.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4
  • Unit Features: Top Floor or Penthouse

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

Listed on
Jul 11, 2012
Closed on
Aug 8, 2012
Sold by
Moravec Randy T
Bought by
Pereira Sharon Ann and Pereira Glenn Blaise
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Timothy Trailer
Coldwell Banker Realty
List Price
$599,000
Sold Price
$661,000
Premium/Discount to List
$62,000
10.35%
Current Estimated Value
$1,200,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,901
Avg. Annual Appreciation
4.66%
Original Mortgage
$462,700
Outstanding Balance
$317,811
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$883,090

Purchase Details

Closed on
May 5, 1999
Sold by
Bartlett Burnap
Bought by
Moravec Randy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
2.9%
Source: Public Records

Range of Values:

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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
Pereira Sharon Ann $661,000 Old Republic Title Company
Moravec Randy T $369,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Sharon Ann $462,700
Previous Owner Moravec Randy T $295,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $661,000 +10.4% $847 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $599,000 -- $768 / 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 $10,264 $813,962 $406,981 $406,981
2024 $10,264 $798,002 $399,001 $399,001
2023 $10,109 $782,356 $391,178 $391,178
2022 $9,985 $767,016 $383,508 $383,508
2021 $9,787 $751,978 $375,989 $375,989
2020 $9,597 $744,268 $372,134 $372,134
2019 $9,485 $729,676 $364,838 $364,838
2018 $9,238 $715,370 $357,685 $357,685
2017 $9,074 $701,344 $350,672 $350,672
2016 $8,831 $687,594 $343,797 $343,797
2015 $8,739 $677,266 $338,633 $338,633
2014 $8,492 $664,000 $332,000 $332,000
Source: Public Records

Agents Affiliated with this Home

  • Sunny Kim

    Seller's Agent in 2012

    Sunny Kim

    Compass

    (650) 823-5546

    159 Total Sales

    Sunny Kim
    Section Image

  • T

    Buyer's Agent in 2012

    Timothy Trailer

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81226002

MLSListings

APN: 120-68-045

California Santa Clara County Palo Alto 94301 Downtown North

425 Alma St Unit 410, Palo Alto, CA

This home is located at 425 Alma St Unit 410, Palo Alto, CA 94301 since 11 July 2012 and is currently estimated at $1,200,901, approximately $1,539 per square foot. This property was built in 1984. 425 Alma St Unit 410 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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