$799,999
$49K PRICE DROP

4250 El Camino Real Unit B118 Palo Alto, CA 94306

Estimated payment $5,360/month

Total Views 8,778
2 Beds
1 Bath
960 Sq Ft
$833 Price per Sq Ft

Highlights

  • Electric Gate
  • Guest Parking
  • Dining Area
  • Juana Briones Elementary School Rated A+

About This Home

INCREDIBLE DEAL OPPORTUNITY, INSTANT EQUITY! Property was appraised in this year's tax assessment at $900,000. Welcome to 4250 El Camino Real Unit B118, a beautifully updated 2-bedroom, 1-bath condo in the conveniently located Palo Alto Redwoods community. Tucked away in the Green Acres neighborhood, this stylish ground-floor unit offers the perfect blend of comfort, privacy, and convenience. The condo also offers 2 tandem parking spots in the garage and a storage unit with 240 cubic square feet of space with an extra storage closet in front of the unit. Additional highlights include in-unit laundry, a cozy fireplace, secure underground parking, and access to resort-style amenities such as a community pool and clubhouse. The Palo Alto Redwoods complex is beautifully maintained with mature redwoods and green space, creating a peaceful, park-like setting. HOA fee covers ALL water utilities, landscaping, community pool, sauna, and garbage. Located near top-rated schools, vibrant shopping and dining along El Camino, and major tech employers. Easy access to Stanford, Caltrain, and commuter routes.

Listing Agent

Payne Sharpley

Coldwell Banker Realty License #02195155 Listed on: 06/02/2025

Coldwell Banker Realty

Co-Listing Agent

Joe Velasco

Coldwell Banker Realty License #01309200

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,298

Year Built

  • Built in 1983

Parking

  • 2 Car Garage
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Radiant Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, fencing, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - exterior, pool spa or tennis, water
  • 117 Units
  • Pml Management Corporation Association
  • Built by Palo Alto Redwoods

Listing and Financial Details

  • Assessor Parcel Number 16755017

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,298

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 42
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 117
  • Structure Sq Ft: 960
  • Complex Name: Palo Alto Redwoods
  • Year Built: 1983
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 960
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking, Electric Gate, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 931
  • Association Fees Include: Common Area Electricity, Fencing, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Exterior, Pool, Spa, or Tennis, Water
  • H O A Name Text: PML Management Corporation
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 16755017

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $11,298 $879,138 $439,569 $439,569
2023 $11,130 $861,900 $430,950 $430,950
2022 $6,890 $507,050 $253,525 $253,525
2021 $6,836 $497,108 $248,554 $248,554
2020 $6,710 $492,012 $246,006 $246,006
2019 $6,631 $482,366 $241,183 $241,183
2018 $6,466 $472,908 $236,454 $236,454
2017 $6,352 $463,636 $231,818 $231,818
2016 $6,181 $454,546 $227,273 $227,273
2015 $6,115 $447,720 $223,860 $223,860
2014 $5,912 $438,950 $219,475 $219,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $799,999 -1.6% $833 / Sq Ft
06/11/2025 06/11/25 Price Changed $812,888 -4.2% $847 / Sq Ft
06/02/2025 06/02/25 For Sale $848,888 -- $884 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $420,000 Old Republic Title Company
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $309,000 New Conventional
Previous Owner $336,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $91,500 Unknown
Previous Owner $21,645 Credit Line Revolving
Previous Owner $416,000 Unknown
Previous Owner $104,000 Stand Alone Second
Previous Owner $360,000 Unknown
Previous Owner $90,000 Stand Alone First
Previous Owner $36,841 Unknown
Previous Owner $347,950 Unknown
Previous Owner $65,250 Stand Alone Second
Previous Owner $256,000 No Value Available
Closed $64,000 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML81999686

MLSListings

APN: 167-55-017