NOT LISTED FOR SALE

455 Forest Ave Unit C Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,848,000 - $4,328,000

4 Beds
3.5 Baths
2,827 Sq Ft
$1,456/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $3,950,000 $1,397 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $26,270/month

44 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Addison Elementary School Rated A+
  • City Lights View
  • 5-minute walk to Heritage Park

About This Home

As of June 2023

Conveniently located in downtown Palo Alto, this modern elegant luxury tri-level four-bed, 3.5-bath condo w/private elevator was designed & developed by acclaimed architect David Solnick. The CityLofts project received the City of Palo Alto Architectural Review Board Design Award for Residential Design in 2010. Spacious top-floor vaulted main living area w/gourmet gas/stainless kitchen, soaring great rm w/gorgeous clerestory windows & sunny dining room open to expansive outdoor deck. Primary bedroom & 2 large secondary bdrms (one currently used as an office), plus laundry on middle floor. Formal entry, plus ground floor studio apartment w/built-in Murphy bed, kitchenette, full bath, & separate entry via carport (4th bedroom flex space -can be guest suite/office/exercise room). Chic contemporary tiled baths. Attached, oversized 2 car garage. Nearly I00 windows flood home w/natural light. Video entry control. Solar & radiant & central air. Low maintenance urban lifestyle & no condo fee!

Last Agent to Sell the Property

Kristi Foxgrover

Christie's International Real Estate Sereno License #00909136 Listed on: 04/12/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

Billy McNair

Coldwell Banker Realty License #01343603

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $48,288

Year Built

  • Built in 2009

Lot Details

  • 1,250 Sq Ft Lot
  • Partially Fenced Property
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Reverse Style Home
  • Flat Roof Shape
  • Slab Foundation
  • Steel Frame
  • Stucco

Interior Spaces

  • 2,827 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Entertainment System
  • Vaulted Ceiling
  • Whole House Fan
  • Skylights in Kitchen
  • Double Pane Windows
  • Formal Entry
  • Combination Dining and Living Room
  • Monitored
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 120-16-104

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • D. Solnick Design Six Association
  • Built by CityLofts

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$48,288

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Modern / High Tech
  • Restrictions: Age - No Restrictions
  • Age: 14
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2827
  • Complex Name: CityLofts
  • Year Built: 2009
  • Zoning Description: RM40
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Eat in Kitchen, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Hookups - Ice Maker, Island, Microwave, Oven - Double, Oven - Self Cleaning, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2827
  • Stories: 3
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Reverse Floor Plan
  • Laundry: Washer / Dryer
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Shower and Tub, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: City Lights, Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance, Sprinklers - Auto
  • Fencing: Partial Fencing
  • Construction Type: Steel Frame, Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Covered Parking, Gate / Door Opener, Guest / Visitor Parking, Parking Restrictions

Utilities

  • Cooling System: Central AC, Multi-Zone, Whole House / Attic Fan
  • Heating System: Heating - 2+ Zones, Radiant, Solar
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Documents: CC&RS
  • H O A Name Text: D. Solnick Design Six Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309

Lot Info

  • Lot Description: Grade - Level, Views
  • Parcel Number: 120-16-104
  • Lot Acres: 0.0287
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1251.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1251.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Solar Heating, Solar Power

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Solar Panels - Owned
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Tri Level Unit

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 21, 2023
Sold by
Melamed Family Trust
Bought by
Hinshaw Scott D
Seller's Agent
Kristi Foxgrover
Christie's International Real Estate Sereno
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,950,000
Current Estimated Value
$4,114,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,718
Avg. Annual Appreciation
1.88%
Original Mortgage
$2,300,000
Outstanding Balance
$2,243,362
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,871,356

Purchase Details

Closed on
Mar 16, 2015
Sold by
Melamed A Douglas and Melamed Carol
Bought by
Melamed Family Trust and Melamed Carol D

Purchase Details

Closed on
Nov 11, 2009
Sold by
D Solnick Design Six Llc
Bought by
Melamed A Douglas and Melamed Carol
Source: Public Records

Range of Values:

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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
Hinshaw Scott D $3,950,000 First American Title
Melamed Family Trust -- None Available
Melamed A Douglas -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinshaw Scott D $2,300,000
Previous Owner Melamed Douglas $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $3,950,000 0.0% $1,397 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $3,950,000 -- $1,397 / 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 $48,288 $4,109,580 $2,054,790 $2,054,790
2024 $48,288 $4,029,000 $2,014,500 $2,014,500
2023 $48,288 $2,853,596 $1,426,798 $1,426,798
2022 $34,159 $2,797,644 $1,398,822 $1,398,822
2021 $33,486 $2,742,790 $1,371,395 $1,371,395
2020 $32,792 $2,714,668 $1,357,334 $1,357,334
2019 $32,429 $2,661,440 $1,330,720 $1,330,720
2018 $31,534 $2,609,256 $1,304,628 $1,304,628
2017 $30,981 $2,558,096 $1,279,048 $1,279,048
2016 $30,169 $2,507,938 $1,253,969 $1,253,969
2015 $29,876 $2,470,268 $1,235,134 $1,235,134
2014 $29,289 $2,421,880 $1,210,940 $1,210,940
Source: Public Records

Agents Affiliated with this Home

  • Kristi Foxgrover

    Seller's Agent in 2023

    Kristi Foxgrover

    Sereno Group

    (650) 823-4755

    1 in this area

    35 Total Sales

    Kristi Foxgrover
    Section Image
  • Billy McNair

    Buyer's Agent in 2023

    Billy McNair

    Coldwell Banker Realty

    (650) 862-3266

    5 in this area

    131 Total Sales

    Billy McNair
    Section Image
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Map

Source: MLSListings

MLS Number: ML81928120

MLSListings

APN: 120-16-104

California Santa Clara County Palo Alto 94301 University South

455 Forest Ave Unit C, Palo Alto, CA

This home is located at 455 Forest Ave Unit C, Palo Alto, CA 94301 since 12 April 2023 and is currently estimated at $4,114,718, approximately $1,455 per square foot. This property was built in 2009. 455 Forest Ave Unit C 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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