NOT LISTED FOR SALE

435 Sheridan Ave Unit 208 Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $1,620,000 - $1,790,000

2 Beds
2 Baths
1,637 Sq Ft
$700/mo HOA Fee

Last Sold August 23, 2022

Last sale price $1,425,000 $870 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,064/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Escondido Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • 3-minute walk to Sarah Wallis Park

About This Home

As of August 2022

*Elegantly remodeled end unit luxury condo
*Situated in upscale highly sought-after gated Silverwood community (one of the very few newer communities in Palo Alto)
*Safe, clean, spacious and comfortable living
*Chic single-level condo with open floor plan and bright natural lighting
*2 walls of large windows & French doors to balcony
*3-year-new stainless-steel GE Profile appliances (5-burner gas cooktop, dishwasher, double ovens, refrigerator)
*New ceiling fan in living room, new water faucet in 2nd full bathroom
*Meticulously maintained with new furnace filter and A/C serviced/charged recently
*3-year-new Summit beverage cooler, 3-year-new Berber carpet free of pet allergen
*Newer Pella double paned windows, dual-action window shade
*Newer stacked washer/dryer
*2 secure car parking space, bike parking & 1 dedicated large storage room
*Monthly rent includes gas, cold water, hot water and garbage

*Free shuttle to Stanford University and Caltrain
*Palo Alto Unified School District
*1.1 miles from top-ranked Palo Alto High School, 3 miles from Stanford Oval
*Within walking distance to coffee shops, post office, and some of the finest dining in Palo Alto including Michelin Star awarded Protege
*Easy distance to vibrant California Avenue shops and Sunday Farmer's market
*Easy access to all commuting routes, 10 minutes to Meta campus and Gooogle campus

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 07/06/2022

Coldwell Banker Realty

Last Buyer's Agent

Jing Tu

Compass License #02083411

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,043

Year Built

  • 2000

Lot Details

  • 1,307

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,637 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Dining Area

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, hot water, insurance - common area, insurance - earthquake, maintenance - common area, maintenance - exterior, management fee, reserves, roof, water
  • Silverwood Association

Amenities

  • Clubhouse
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,043

Year Built

2000

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Zoning: RM5
  • Subclass: Condominium
  • Restrictions: Pets - Rules
  • Age: 22
  • Listing Class: Residential
  • Structure Sq Ft: 1637
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Oven - Double, Oven - Self Cleaning, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1637
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Guest / Visitor Parking, Underground Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Silverwood
  • HOA Fees: 700
  • HOA Amenities: Club House, Elevator
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Hot Water, Insurance - Common Area, Insurance - Earthquake, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Silverwood

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Chen Zhao
Bought by
Chen Zhao Revocable Trust and Zhao
Current Estimated Value
$1,671,132

Purchase Details

Closed on
Feb 5, 2025
Sold by
Chen Zhao and Chen James Tsaggaris
Bought by
Zhao Chen

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 15, 2022
Sold by
Sedgwick Family Revocable Trust
Bought by
Zhao Chen and Tsaggaris Dean James
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Jing Tu
Compass
List Price
$1,398,000
Sold Price
$1,425,000
Premium/Discount to List
$27,000
1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$780,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2020
Sold by
Sedgwick Jonathon and Sedgwick Donna
Bought by
Sedgwick Jonathon Douglas and Sedgwick Donna Marie

Purchase Details

Closed on
Nov 1, 2011
Sold by
Elliott Toby R and Elliott Jennifer L
Bought by
Sedgwick Jonathon and Sedgwick Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2003
Sold by
Morton Melinda M
Bought by
Elliott Toby R and Elliott Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1999
Sold by
B K Palo Alto I Llc
Bought by
Morton Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,940
Interest Rate
8%
Source: Public Records

Range of Values:

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Average Value
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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
Chen Zhao Revocable Trust -- None Listed On Document
Zhao Chen -- None Listed On Document
Zhao Chen $1,425,000 Chicago Title
Sedgwick Jonathon Douglas -- None Available
Sedgwick Jonathon $824,750 Old Republic Title Company
Elliott Toby R $659,000 First American Title Company
Morton Melinda $629,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhao Chen $780,000
Previous Owner Sedgwick Jonathon $417,000
Previous Owner Elliott Toby R $500,000
Previous Owner Morton Melinda $502,940
Closed Morton Melinda $62,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2025 08/04/25 Off Market $5,150 -- --
07/24/2025 07/24/25 For Rent $5,150 0.0% --
08/23/2022 08/23/22 Sold $1,425,000 +1.9% $870 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,398,000 0.0% $854 / Sq Ft
08/11/2017 08/11/17 Rented $4,250 0.0% --
07/31/2017 07/31/17 For Rent $4,250 -34.6% --
07/30/2016 07/30/16 Rented $6,500 +75.7% --
07/18/2016 07/18/16 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 $18,043 $1,482,570 $741,285 $741,285
2024 $18,043 $1,453,500 $726,750 $726,750
2023 $18,043 $1,425,000 $712,500 $712,500
2022 $12,562 $976,472 $488,236 $488,236
2021 $12,315 $957,326 $478,663 $478,663
2020 $12,071 $947,510 $473,755 $473,755
2019 $11,935 $928,932 $464,466 $464,466
2018 $11,620 $910,718 $455,359 $455,359
2017 $11,416 $892,862 $446,431 $446,431
2016 $11,114 $875,356 $437,678 $437,678
2015 $11,002 $862,208 $431,104 $431,104
2014 $10,720 $845,320 $422,660 $422,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81899036

MLSListings

APN: 132-36-114