NOT LISTED FOR SALE

45 Pearce Mitchell Place Stanford, CA 94305

Estimated Value: $582,000 - $955,000

3 Beds
2 Baths
1,286 Sq Ft
$1,030/mo HOA Fee

Last Sold June 20, 2023

Last sale price $600,000 $467 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,309/month

110 Days on Market

Highlights

  • Granite Countertops
  • Breakfast Bar
  • Tile Flooring
  • Lucille M. Nixon Elementary School Rated A+
  • Bathtub with Shower
  • Walk-in Shower

About This Home

As of June 2023

Stanford approved faculty only. This is a wonderful end unit in Pearce Mitchell complex, right in the heart of campus! This unit has currently two bedrooms, two baths and a den/office which if walled off from living room could be a third bedroom. We love the two patios, one off of the dining room and the larger off of the living room and the light everywhere! Walk into the tiled foyer which leads into the kitchen with granite counters and mostly LG appliances. The kitchen is divided from the dining room by a raised counter so the chef can stay "in the action"! The spacious living room includes a fireplace. The hall bath with tub/shower combo has a stack washer and dryer. As with University property Stanford owns the land. Monthly assessment is currently $1,030 a month and includes the ground lease, water and sewer. You will LOVE living in this unit!

Last Agent to Sell the Property

Maya Sewald

Ovation Real Estate License #00993290 Listed on: 02/02/2023

Co-Listed By

Jason Sewald

Ovation Real Estate License #01732384

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1975

Lot Details

  • 1,220

HOA Fees

  • $1,030 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Community Details

  • Association fees include water / sewer
  • 82 Units
  • Pearce Mitchell Homes Association

Listing and Financial Details

  • Assessor Parcel Number 142-24-045

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,054

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,030 per month

Listing Details

  • Subclass: Condominium
  • Age: 48
  • Listing Class: Residential
  • Maximum Unit Floor Number: 45
  • Min Numberof Unitsin Complex: 82
  • Structure Sq Ft: 1286
  • Year Built: 1975
  • Zoning Description: R1S
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1286
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle, Tar and Gravel

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 1030
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water / Sewer
  • H O A Name Text: Pearce Mitchell Homes
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 323

Lot Info

  • Parcel Number: 142-24-045
  • Lot Acres: 0.0280
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1221.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1221.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Lucille M. Nixon Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Ellen Fletcher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Jun 12, 2023
Sold by
Stephen D Krasner Living Trust
Bought by
Board Of Trustees Of The Leland Stanford Juni
Seller's Agent
Maya Sewald
Ovation Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%
Views
474
Current Estimated Value
$793,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,615
Avg. Annual Appreciation
16.68%
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
Board Of Trustees Of The Leland Stanford Juni $600,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Henry Peter $372,000
Closed Blair Henry Peter $124,000
Closed Blair Henry Peter $62,000
Previous Owner Reininger Michelle $345,000
Previous Owner Reininger Michelle $115,000
Previous Owner Reininger Michelle $57,500
Previous Owner Adams Dwight B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $600,000 0.0% $467 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $600,000 -13.7% $467 / Sq Ft
02/02/2023 02/02/23 For Sale $695,000 -- $540 / 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 $1,054 $1,180,000 $590,000 $590,000
2024 $1,054 $1,122,000 $561,000 $561,000
2023 $1,054 $1,275,000 $637,500 $637,500
2022 $17,284 $1,377,000 $688,500 $688,500
2021 $16,930 $1,350,000 $675,000 $675,000
2020 $8,344 $631,884 $315,942 $315,942
2019 $8,242 $619,496 $309,748 $309,748
2018 $8,030 $607,350 $303,675 $303,675
2017 $7,885 $595,442 $297,721 $297,721
2016 $7,668 $583,768 $291,884 $291,884
2015 $7,578 $575,000 $287,500 $287,500
2014 $6,257 $477,572 $238,786 $238,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81917779

MLSListings

APN: 142-24-045