NOT LISTED FOR SALE

425 Grant Ave Unit 21 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $950,000 - $1,051,000

2 Beds
2 Baths
906 Sq Ft
$612/mo HOA Fee

Last Sold January 19, 2024

Last sale price $925,000 $1,021 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,492/month

219 Days on Market

Highlights

  • Combination Dining and Living Room
  • Escondido Elementary School Rated A+
  • 2-minute walk to Sarah Wallis Park

About This Home

As of January 2024

This spacious single-level condo boasts a walk score of 95, with close proximity to the bounty of California Avenue restaurants, shops, Farmer's Market, parks, train station, and Stanford University. Turn-key condition with fresh interior paint, new carpet, and beautiful wood floors. Large primary en suite with ample walk-in closet and private, connecting balcony to living/dining area. Beautifully landscaped community pool with BBQ area; assigned parking in covered garage; locked bike storage area; and building elevator.

Last Agent to Sell the Property

Don Yarkin

Yarkin Realty License #00673086 Listed on: 05/03/2023

Last Buyer's Agent

Don Yarkin

Yarkin Realty License #00673086 Listed on: 05/03/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,781

Year Built

  • Built in 1962

Lot Details

  • 958

HOA Fees

  • $612 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include common area electricity, exterior painting, garbage, insurance - earthquake, insurance - structure
  • Grant Avenue Condo Owners Association

Listing and Financial Details

  • Assessor Parcel Number 132-50-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,781

Year Built

Built in 1962

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Subclass: Condominium
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 906
  • Year Built: 1962
  • Zoning Description: RM5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 906
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Covered Parking
  • Carport Min: 1

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 612
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Earthquake, Insurance - Structure
  • H O A Name Text: Grant Avenue Condo Owners Association
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-50-009

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jan 2, 2024
Sold by
Norman H Freed Trust
Bought by
Kuo Irena
Seller's Agent
Don Yarkin
Yarkin Realty
Buyer's Agent
Don Yarkin
Yarkin Realty
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Views
340
Current Estimated Value
$990,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,725
Avg. Annual Appreciation
3.00%
Original Mortgage
$525,000
Outstanding Balance
$516,429
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$453,297

Purchase Details

Closed on
Aug 18, 2018
Sold by
Freed Norman H
Bought by
Freed Norman H and Norman H Freed Trust

Purchase Details

Closed on
Oct 22, 2010
Sold by
Chethik Mildred R
Bought by
Freed Norman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,200
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1997
Sold by
Code Darlene M
Bought by
Freed Norman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,200
Interest Rate
7.34%

Purchase Details

Closed on
Oct 5, 1994
Sold by
Schumaker Margaret A
Bought by
Code Darlene Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.5%
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
Kuo Irena $925,000 First American Title
Freed Norman H -- None Available
Freed Norman H -- Lsi
Freed Norman H -- Lsi
Freed Norman H $261,500 First American Title Guarant
Code Darlene Maria $154,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuo Irena $525,000
Previous Owner Freed Norman H $162,200
Previous Owner Freed Norman H $198,450
Previous Owner Freed Norman H $199,000
Previous Owner Freed Norman H $199,650
Previous Owner Freed Norman H $201,700
Previous Owner Freed Norman H $207,000
Previous Owner Freed Norman H $209,200
Previous Owner Code Darlene Maria $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $925,000 -2.5% $1,021 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $949,000 -4.6% $1,047 / Sq Ft
08/14/2023 08/14/23 Price Changed $995,000 -9.5% $1,098 / Sq Ft
05/03/2023 05/03/23 For Sale $1,100,000 0.0% $1,214 / Sq Ft
12/14/2017 12/14/17 Rented $3,050 0.0% --
11/05/2017 11/05/17 Price Changed $3,050 -6.2% $3 / Sq Ft
09/30/2017 09/30/17 Price Changed $3,250 -5.8% $4 / Sq Ft
08/23/2017 08/23/17 Price Changed $3,450 -6.8% $4 / Sq Ft
08/18/2017 08/18/17 For Rent $3,700 -- --
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 $5,781 $943,500 $471,750 $471,750
2024 $5,781 $409,337 $125,218 $284,119
2023 $5,693 $401,312 $122,763 $278,549
2022 $5,621 $393,444 $120,356 $273,088
2021 $5,510 $385,731 $117,997 $267,734
2020 $5,412 $381,777 $116,788 $264,989
2019 $5,347 $374,293 $114,499 $259,794
2018 $5,219 $366,954 $112,254 $254,700
2017 $5,126 $359,759 $110,053 $249,706
2016 $4,987 $352,706 $107,896 $244,810
2015 $4,933 $347,409 $106,276 $241,133
2014 $4,749 $340,605 $104,195 $236,410
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Don Yarkin

    Yarkin Realty

    (650) 833-1337

    3 in this area

    37 Total Sales

    Don Yarkin
    Section Image

  • C

    Seller's Agent in 2017

    Carolyn Keddington

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81926895

MLSListings

APN: 132-50-009

California Santa Clara County Palo Alto 94306 Old Palo Alto

425 Grant Ave Unit 21, Palo Alto, CA

This home is located at 425 Grant Ave Unit 21, Palo Alto, CA 94306 since 03 May 2023 and is currently estimated at $990,725, approximately $1,093 per square foot. This property was built in 1962. 425 Grant Ave Unit 21 is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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