NOT LISTED FOR SALE

427 Alma St Unit 108 Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $1,133,889 - $1,365,000

2 Beds
2 Baths
950 Sq Ft
$659/mo HOA Fee

Last Sold December 16, 2020

Last sale price $1,040,000 $1,095 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,492/month

55 Days on Market

Highlights

  • Updated Kitchen
  • 2-minute walk to Palo Alto
  • Stone Countertops
  • Addison Elementary School Rated A+
  • Contemporary Architecture
  • 3-minute walk to Lytton Plaza

About This Home

As of December 2020

Welcome To Downtown Palo Alto Living At The Abitare Condo #108: Located In The Top Bay Area Palo Alto Unified School District; Adjacent To Stanford University, Caltrain Station, Transit Center, University Offices, Restaurants, Banks, Post Office, And Retail Shops; Easy Walk Or Cycle To Stanford Medical Center....The Unit Features 2 Bedrooms And 2 Bathrooms With In Unit New Washer/Dryer. Quartz Countertops In The Kitchen, Water Resistant Plank Floor Installed In 2017, Bright Rooms With Bay windows. Updated Bathrooms. 1 Assigned Parking Space In The Underground Parking Garage. More Parking Spaces Available Thru City Of Palo Alto. No Rental Restriction. HOA Monthly Dues Covers Water And Garbage Bills. The Unit Is On The First Floor.

Last Agent to Sell the Property

Jenny Yang

Compass License #01942023 Listed on: 10/07/2020

Compass

Last Buyer's Agent

Jenny Yang

Compass License #01942023 Listed on: 10/07/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,935

Year Built

  • Built in 1984

Lot Details

  • 871

HOA Fees

  • $659 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1-Story Property
  • Family Room Off Kitchen
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Free-Standing Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Utilities

  • No Cooling
  • Radiant Heating System
  • 220 Volts in Kitchen

Additional Features

  • Level Entry For Accessibility
  • Outdoor Storage
  • Ground Level

Community Details

  • Association fees include common area maintenance, common hot water, exterior maintenance, hazard insurance, management fee, insurance, ground maintenance, reserves, security/gate fee, trash, water/sewer
  • 47 Units
  • Association Phone (650) 210-0085
  • Palo Alto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12068008

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,935

Year Built

Built in 1984

Lot Details

0

HOA Fees

$659 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Subdivision Name: PALO ALTO
  • Directions: HIGH ST AND ALMA ST
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Free-Standing Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Location
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ground Floor Location, Kitchen/Family Combo, Counter - Solid Surface, Stone Counters, Updated Kitchen
  • Room Kitchen Features: 220 Volt Outlet, Counter - Solid Surface, Counter - Stone, Dishwasher, Electric Range/Cooktop, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Court
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: No Yard, Storage Area
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Parking Spaces, Assigned, Garage Door Opener

Utilities

  • Heating: Radiant
  • Utilities: All Public Utilities
  • Cooling: None
  • Laundry Features: 220 Volt Outlet, Dryer, Laundry Closet, Washer, In Unit, Washer/Dryer Stacked Incl
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Guest Parking
  • Association Fee: 659
  • Association Fee Frequency: Monthly
  • Association Name: CALL LISTING AGENT
  • Phone: 650-210-0085
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Common Hot Water, Exterior Maintenance, Hazard Insurance, Management Fee, Insurance, Maintenance Grounds, Reserves, Security/Gate Fee, Trash, Water/Sewer

Lot Info

  • Lot Size Sq Ft: 950
  • Parcel Number: 12068008
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Lok Jeanette Ym and Lee Jonathan M
Bought by
Lok Jeanette Ym and Lee Jonathan M
Current Estimated Value
$1,258,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,500
Outstanding Balance
$494,124
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$764,348

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 10, 2020
Sold by
Chou Alex
Bought by
Lok Jeanette Ym and Lee Jonathan
Seller's Agent
Jenny Yang
Compass
Buyer's Agent
Jenny Yang
Compass
List Price
$1,299,000
Sold Price
$1,040,000
Premium/Discount to List
-$259,000
-19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Casale Larry James
Bought by
Chou Alex

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
6.75%
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
Lok Jeanette Ym -- Atlas Title Company
Lok Jeanette Ym $1,040,000 Chicago Title Company
Chou Alex $380,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lok Jeanette Ym $538,500
Previous Owner Chou Alex $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,040,000 -- --
12/16/2020 12/16/20 Sold $1,040,000 -9.6% $1,095 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $1,149,900 -11.5% $1,210 / Sq Ft
10/07/2020 10/07/20 For Sale $1,299,000 -- $1,367 / Sq Ft
Source: Bay East Association of REALTORS®

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 $13,935 $1,125,728 $562,864 $562,864
2024 $13,935 $1,103,656 $551,828 $551,828
2023 $13,728 $1,082,016 $541,008 $541,008
2022 $13,565 $1,060,800 $530,400 $530,400
2021 $13,299 $1,040,000 $520,000 $520,000
2020 $6,878 $513,290 $224,497 $288,793
2019 $6,796 $503,227 $220,096 $283,131
2018 $6,625 $493,361 $215,781 $277,580
2017 $6,506 $483,688 $211,550 $272,138
2016 $6,330 $474,204 $207,402 $266,802
2015 $6,261 $467,082 $204,287 $262,795
2014 $6,054 $457,934 $200,286 $257,648
Source: Public Records

Agents Affiliated with this Home

  • Jenny Yang

    Seller's Agent in 2020

    Jenny Yang

    Compass

    (510) 585-7009

    1 in this area

    45 Total Sales

    Jenny Yang
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40923159

Bay East Association of REALTORS®

APN: 120-68-008

California Santa Clara County Palo Alto 94301 Downtown North

427 Alma St Unit 108, Palo Alto, CA

This home is located at 427 Alma St Unit 108, Palo Alto, CA 94301 since 07 October 2020 and is currently estimated at $1,258,472, approximately $1,324 per square foot. This property was built in 1984. 427 Alma St Unit 108 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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