NOT LISTED FOR SALE

Estimated Value: $1,630,000 - $1,845,000

3 Beds
2 Baths
1,760 Sq Ft
$639/mo HOA Fee

Last Sold February 28, 2020

Last sale price $1,550,000 $881 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,868/month

5 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • Soaking Tub in Primary Bathroom
  • Santa Rita Elementary School Rated A
  • Private Pool
  • Sauna

About This Home

As of February 2020

Amazing Palo Alto Condo with coveted Los Altos schools! Recently updated, top floor, corner unit condo, this fantastic 3 bedroom has Bay views and gets lovely morning light. This property features a welcoming kitchen, which is open to the dining area and living room. The balcony faces the Bay, in a virtually uninterrupted view. Elevator service creates a single story lifestyle in a very well located complex, just 3 blocks from cafes, restaurants, and groceries in the San Antonio Shopping Center. This small complex is predominantly owner occupied, and 3 bedroom units are rarely available. Enjoy an easy commute to major employers in Mountain View, Palo Alto, Redwood City and more. With 3 designated parking spaces, parking will always be easy and you can add an electric car charger to keep it green.

Last Agent to Sell the Property

Dave Keefe

Keller Williams Realty-Silicon Valley License #70010092 Listed on: 01/23/2020

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Rishi Babbar

The Residential Agency License #01862846

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,900

Year Built

  • 1981

Lot Details

  • 2,004

HOA Fees

  • $639 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate

Property Views

  • Water
  • City Lights

Home Design

  • Reinforced Concrete Foundation
  • Steel Frame
  • Composition Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Dining Room
  • Laminate Flooring

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Water Filtration System

Additional Features

  • Northeast Facing Home
  • Unit is on the top floor

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, insurance - earthquake, landscaping / gardening, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water / sewer
  • 42 Units
  • Palo Alto Grees Association

Amenities

  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,900

Year Built

1981

Lot Details

0

HOA Fees

$639 per month

Parking

3

Listing Details

  • Zoning: C3S
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Number Restrictions, Pets - Restrictions
  • Age: 39
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Max Numberof Unitsin Building: 42
  • Min Numberof Unitsin Complex: 42
  • Structure Sq Ft: 1760
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven - Double, Refrigerator, Trash Compactor, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1760
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Oversized Tub, Shower And Tub, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Composition
  • View: City Lights, Water
  • Yard/Grounds: Balcony / Patio
  • Property Faces: Northeast
  • Pool: Pool - Heated, Pool - In Ground, Spa - Jetted, Spa / Hot Tub
  • Construction Type: Concrete, Steel, Steel Frame, Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage, Electric Gate, Gate / Door Opener, Lighted Parking Area, Underground Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Palo Alto Greens
  • HOA Fees: 639
  • HOA Amenities: Additional Storage, Community Pool, Elevator, Sauna / Spa / Hot Tub
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Palo Alto Grees

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Mountain View-Los Altos Union High
  • Elementary School: Santa Rita Elementary
  • Middle School: Ardis G. Egan Intermediate
  • High School: Los Altos High
  • High School: 265
  • Elementary School: 136
  • Middle School: 133

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit, Top Floor Or Penthouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 25, 2020
Sold by
Glover Eric and Glover Meredith
Bought by
Bedi Harmeet and Bedi Nina
Seller's Agent
Dave Keefe
Keller Williams Realty-Silicon Valley
Buyer's Agent
Rishi Babbar
The Residential Agency
List Price
$1,429,900
Sold Price
$1,550,000
Premium/Discount to List
$120,100
8.4%
Current Estimated Value
$1,748,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,071
Avg. Annual Appreciation
2.23%
Original Mortgage
$745,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2017
Sold by
Glover Eric and Glover Meredith
Bought by
Glover Eric and Glover Meredith

Purchase Details

Closed on
Nov 5, 2015
Sold by
Glover Eric and Glover Meridith
Bought by
Glover Eric and Glover Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,950
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2013
Sold by
Panelli Alexander
Bought by
Meredith Glover Eric and Meredith Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2010
Sold by
Panelli Deepa M
Bought by
Panelli Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2008
Sold by
Maggipinto Jayne F and Jayne F Maggipinto Living Trus
Bought by
Panelli Alexander and Panelli Deepa M

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
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Maggipinto Jayne F
Bought by
Maggipinto Jayne F and The Jayne F Maggipinto Living
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
Bedi Harmeet $1,550,000 Chicago Title Company
Glover Eric -- None Available
Glover Eric -- Old Republic Title Company
Meredith Glover Eric $1,169,750 Chicago Title Company
Panelli Alexander -- Fidelity National Title
Panelli Alexander $869,000 First American Title Co
Maggipinto Jayne F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bedi Harmeet $962,000
Closed Bedi Harmeet $745,000
Closed Bedi Harmeet $250,000
Closed Bedi Harmeet $300,000
Closed Bedi Hameet $745,000
Previous Owner Glover Eric $830,000
Previous Owner Glover Eric $837,950
Previous Owner Meredith Glover Eric $875,000
Previous Owner Panelli Alexander $400,000
Previous Owner Panelli Alexander $417,000
Previous Owner Magginpinto Jayne F $35,000
Previous Owner Maggipinto Jayne F $170,000
Previous Owner Maggipinto Jayne F $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,550,000 +8.4% $881 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $1,429,900 -- $812 / 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
2024 $19,900 $1,661,910 $830,955 $830,955
2023 $19,570 $1,629,324 $814,662 $814,662
2022 $19,357 $1,597,378 $798,689 $798,689
2021 $19,467 $1,566,058 $783,029 $783,029
2020 $16,662 $1,311,444 $655,722 $655,722
2019 $15,877 $1,285,730 $642,865 $642,865
2018 $15,720 $1,260,520 $630,260 $630,260
2017 $15,138 $1,235,804 $617,902 $617,902
2016 $14,747 $1,211,574 $605,787 $605,787
2015 $14,552 $1,193,376 $596,688 $596,688
2014 $14,405 $1,170,000 $585,000 $585,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779979

MLSListings

APN: 148-08-033