NOT LISTED FOR SALE

425 Grant Ave Unit 29 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $1,303,277 - $1,509,000

3 Beds
2 Baths
1,362 Sq Ft
1,481 Sq Ft Lot

Last Sold July 10, 2012

Last sale price $699,000 $513 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,453/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Pool
  • Subterranean Parking
  • Escondido Elementary School Rated A+
  • Elevator
  • 2-minute walk to Sarah Wallis Park

About This Home

As of July 2012

Prime area of Old Downtown, fab 3br 2bath unit, Well maintained complex built by Eichler, Quiet, sunny side, private balcony. Excellent Palo Alto schools! Remodeled kitchen with bamboo floors, granite countertops and high efficiency washer and dryer, Freshly painted, 2 Blocks to shopping, dining, farmer’s market, Cal Train.

Last Agent to Sell the Property

Marina Zubkova

Intero Real Estate Services License #01875479 Listed on: 04/26/2012

Intero Real Estate Services

Last Buyer's Agent

Ginger Shirley

Christie's International Real Estate Sereno License #00426990

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,802

Year Built

  • Built in 1962

Lot Details

  • 1,481

Parking

  • Subterranean Parking

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Utility Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-51-017

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heating, hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,802

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 50
  • Sale Price Per Sq Ft: 513.22
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 1362
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 81
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B7
  • Year Built: 1962
  • Zoning Description: RM5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In
  • Living Sq Ft: 1362
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, Laundry Facility - Coin-Op
  • Flooring: Carpet - Area, Hardwood - Partial, Laminate
  • Additional Rooms: Storage, Utility Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, Stall Shower - 2+

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Radiant

Condo/Co-op/Association

  • HOA Fees: 668
  • HOA Amenities: Additional Storage, Elevator, Community Pool, BBQ Area
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Heating, Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Balcony/Patio

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Parcel Number: 132-51-017
  • Lot Location: Corner
  • List Price per Sq Ft: 513.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1500.00
  • Lot Size Area Min Search: 1500.00
  • Maximum Lot Size: 1500.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Escondido 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
Apr 26, 2012
Closed on
Jun 22, 2012
Sold by
Irwin Bonnie Jean
Bought by
Joshi Anjana
Seller's Agent
Marina Zubkova
Intero Real Estate Services
Buyer's Agent
Ginger Shirley
Christie's International Real Estate Sereno
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,386,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,319
Avg. Annual Appreciation
5.50%
Original Mortgage
$349,000
Outstanding Balance
$245,124
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$1,166,880

Purchase Details

Closed on
Jan 10, 2007
Sold by
True Ramon R and True A Christopher
Bought by
Irwin Bonnie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,432
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
True Ramon R and True A Christopher
Bought by
True Ramon R and True A Christopher
Source: Public Records

Range of Values:

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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
Joshi Anjana $699,000 Old Republic Title Company
Irwin Bonnie Jean $607,000 Old Republic Title Company
True Ramon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Anjana $349,000
Previous Owner Irwin Bonnie Jean $535,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2012 07/10/12 Sold $699,000 0.0% $513 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $699,000 -- $513 / 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 $10,802 $860,756 $430,378 $430,378
2024 $10,802 $843,880 $421,940 $421,940
2023 $10,639 $827,334 $413,667 $413,667
2022 $10,510 $811,112 $405,556 $405,556
2021 $10,302 $795,208 $397,604 $397,604
2020 $10,101 $787,056 $393,528 $393,528
2019 $9,983 $771,624 $385,812 $385,812
2018 $9,723 $756,496 $378,248 $378,248
2017 $9,550 $741,664 $370,832 $370,832
2016 $9,295 $727,122 $363,561 $363,561
2015 $9,198 $716,200 $358,100 $358,100
2014 $8,944 $702,172 $351,086 $351,086
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marina Zubkova

    Intero Real Estate Services

    Section Image

  • G

    Buyer's Agent in 2012

    Ginger Shirley

    Sereno Group

See All Agents

Map

Source: MLSListings

MLS Number: ML81215517

MLSListings

APN: 132-51-017

California Santa Clara County Palo Alto 94306 Old Palo Alto

425 Grant Ave Unit 29, Palo Alto, CA

This home is located at 425 Grant Ave Unit 29, Palo Alto, CA 94306 since 26 April 2012 and is currently estimated at $1,386,319, approximately $1,017 per square foot. This property was built in 1962. 425 Grant Ave Unit 29 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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