NOT LISTED FOR SALE

425 Grant Ave Unit 30 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $928,000 - $1,062,000

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

Last Sold June 10, 2024

Last sale price $950,000 $1,049 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,117/month

15 Days on Market

Highlights

  • Private Pool
  • Eichler Home
  • Balcony
  • Escondido Elementary School Rated A+
  • Elevator
  • 2-minute walk to Sarah Wallis Park

About This Home

As of June 2024

2 bedroom, 2 bathroom single-level condominium. Enjoy living just 2 blocks from vibrant California Ave Shopping District, restaurants and Farmers Market. Walk to Stanford University, Caltrain Station, and Parks. Walk score of 95! Very private unit with a large private balcony overlooking trees and green space away from the street. Lots of natural light. Floor to ceiling windows and sliding glass doors in living room and master bedroom. Radiant heat in floors, European style washer/dryer unit in kitchen, new flooring, large pantry or storage closet, walk-in closet in master bedroom, assigned parking space in covered garage, extra storage unit for each condo in the garage, community pool & BBQ area, elevator, secure bike storage.

Last Agent to Sell the Property

Paul Ryan

Realty World-xc'lent Real Estate License #00961537 Listed on: 04/24/2024

Realty World-xc'lent Real Estate

Last Buyer's Agent

Jennifer Yiu

Redfin License #02096586

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1962

Lot Details

  • 958

HOA Fees

  • $612 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Eichler Home
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 132-51-018

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, hot water, insurance, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, sewer, water
  • 36 Units
  • Grant Avenue Condo Owners Association
  • Built by Grant Avenue Condominiums

Amenities

  • Common Utility Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,921

Year Built

Built in 1962

Lot Details

0

HOA Fees

$612 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Eichler
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Rules
  • Age: 62
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 18
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 906
  • Complex Name: Grant Avenue Condominiums
  • Incorporated: Yes
  • 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
  • Kitchen: 220 Volt Outlet, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 906
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 612
  • HOA Amenities: Additional Storage, Common Utility Room, Community Pool, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Sewer, Water
  • H O A Name Text: Grant Avenue Condo Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-51-018

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 3, 2024
Sold by
Jonelle V Preisser Trust and Loomis Karen
Bought by
Freeman And Siu Yu Chan Revocable Trust and Chan
Seller's Agent
Paul Ryan
Realty World-xc'lent Real Estate
Buyer's Agent
Jennifer Yiu
Redfin
List Price
$965,000
Sold Price
$950,000
Premium/Discount to List
-$15,000
-1.55%
Views
55
Current Estimated Value
$981,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,087
Avg. Annual Appreciation
0.50%
Original Mortgage
$712,500
Outstanding Balance
$702,944
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$252,860

Purchase Details

Closed on
Nov 14, 2023
Sold by
Preisser Jonelle V
Bought by
Jonelle V Preisser Trust and Preisser

Purchase Details

Closed on
Apr 26, 2011
Sold by
Corbetta Lorna
Bought by
Preisser Jonelle

Purchase Details

Closed on
Jan 8, 2009
Sold by
Thrush Jane E
Bought by
Corbetta Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2008
Sold by
Noyes Roger C
Bought by
Corbetta Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Thrush Jane E
Bought by
Thrush Jane E

Purchase Details

Closed on
Dec 18, 2002
Sold by
Thrush Ann L
Bought by
Thrush Ann L

Purchase Details

Closed on
Feb 1, 2001
Sold by
Rotandaro Roseann M
Bought by
Thrush Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.08%

Purchase Details

Closed on
Feb 4, 2000
Sold by
Rotandaro Roseann M
Bought by
Rotandaro Roseann M

Purchase Details

Closed on
Sep 23, 1997
Sold by
Reeves Jessie F
Bought by
Rotandaro Roseann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,800
Interest Rate
7.54%
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
Freeman And Siu Yu Chan Revocable Trust $950,000 Old Republic Title
Jonelle V Preisser Trust -- None Listed On Document
Preisser Jonelle $524,750 Old Republic Title Company
Corbetta Lorna -- Old Republic Title Company
Corbetta Lorna -- Old Republic Title Company
Thrush Jane E -- None Available
Thrush Ann L -- --
Thrush Ann L $450,000 First American Title Guarant
Rotandaro Roseann M -- --
Rotandaro Roseann M $252,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman And Siu Yu Chan Revocable Trust $712,500
Previous Owner Corbetta Lorna $335,000
Previous Owner Corbetta Lorna $335,000
Previous Owner Thrush Ann L $260,000
Previous Owner Rotandaro Roseann M $65,000
Previous Owner Rotandaro Roseann M $236,250
Previous Owner Rotandard Roseann M $10,000
Previous Owner Rotandaro Roseann M $225,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $950,000 -1.6% $1,049 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $965,000 -- $1,065 / 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 $1,921 $969,000 $484,500 $484,500
2024 $1,921 $156,185 $37,232 $118,953
2023 $1,811 $153,123 $36,502 $116,621
2022 $1,788 $150,122 $35,787 $114,335
2021 $1,752 $147,180 $35,086 $112,094
2020 $1,714 $145,672 $34,727 $110,945
2019 $1,695 $142,817 $34,047 $108,770
2018 $1,661 $140,018 $33,380 $106,638
2017 $1,631 $137,274 $32,726 $104,548
2016 $1,576 $134,584 $32,085 $102,499
2015 $1,560 $132,564 $31,604 $100,960
2014 $2,174 $129,968 $30,985 $98,983
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Paul Ryan

    Realty World-xc'lent Real Estate

    (650) 465-1933

    1 in this area

    15 Total Sales

    Paul Ryan
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Map

Source: MLSListings

MLS Number: ML81962898

MLSListings

APN: 132-51-018

California Santa Clara County Palo Alto 94306 Old Palo Alto

425 Grant Ave Unit 30, Palo Alto, CA

This home is located at 425 Grant Ave Unit 30, Palo Alto, CA 94306 since 24 April 2024 and is currently estimated at $981,087, approximately $1,082 per square foot. This property was built in 1962. 425 Grant Ave Unit 30 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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