NOT LISTED FOR SALE

Estimated Value: $1,325,310 - $1,516,000

3 Beds
2 Baths
1,280 Sq Ft
$735/mo HOA Fee

Last Sold January 22, 2021

Last sale price $1,200,000 $938 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,639/month

33 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Quartz Countertops
  • Escondido Elementary School Rated A+
  • Radiant Floor
  • 2-minute walk to Sarah Wallis Park

About This Home

As of January 2021

Amazing property in an amazing location! Remodeled 3/2 end unit on the first floor! Updates include completely remodeled kitchen and cabinets, S/S appliances, new floors throughout, new paint throughout and updated master bathroom with walk-in-closet. Property features 3 separate balconies, floor to ceiling windows for natural light on those sunny days, pantry, HOA pool with BBQ area and covered parking with extra storage. HOA amenities include elevator, pool, water, electricity, garbage, common areas, landscaping, reserves and more. Just blocks from California Ave, restaurants, Stanford University, freeways and Caltrain. Great Palo Alto Schools just for icing on the cake. Descriptions and photos do not do this property justice and must see to appreciate!

Last Agent to Sell the Property

James Aguilera

Alliance Group & Associates, Inc License #01297967 Listed on: 11/10/2020

Last Buyer's Agent

Carol Li

Compass License #01227755

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,960

Year Built

  • 1962

Lot Details

  • 1,481

HOA Fees

  • $735 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 1 Carport Space
  • Lighted Parking
  • On-Street Parking

Utilities

  • Vented Exhaust Fan
  • 220 Volts

Additional Features

  • Private Pool
  • Grass Covered Lot

Community Details

Overview

  • Association fees include common area electricity, common area gas, electricity, heating, hot water, insurance, insurance - common area, insurance - hazard, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, roof, sewer, water, water / sewer
  • Grant Ave Condos Owner Assocation Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,960

Year Built

1962

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Zoning: RM5
  • Subclass: Condominium
  • Age: 58
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 1280
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1962

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1280
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Community Facility
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Low Maintenance
  • Pool: Community Facility, Heated - Solar, Pool - Fenced
  • Construction Type: Stucco

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Lighted Parking Area, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 735
  • HOA Documents: Articles Of Incorporation, Assoc. Membership Pre-Approval Reqd, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Electricity, Heating, Hot Water, Insurance, Insurance - Common Area, Insurance - Hazard, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Roof, Sewer, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Grant Ave Condos Owner Assocation

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

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

Green Features

  • Energy Features: Low Flow Toilet

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 9, 2021
Sold by
Spencer Josette A and Josette A Spencer Trust
Bought by
Jin Zhenyang and Mao Qiulan
Seller's Agent
James Aguilera
Alliance Group & Associates, Inc
Buyer's Agent
Carol Li
Compass
List Price
$1,299,999
Sold Price
$1,200,000
Premium/Discount to List
-$99,999
-7.69%
Current Estimated Value
$1,437,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,078
Avg. Annual Appreciation
2.95%
Original Mortgage
$820,000
Outstanding Balance
$733,526
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$640,322

Purchase Details

Closed on
Aug 31, 2016
Sold by
Spencer Josette
Bought by
Spencer Josette A

Purchase Details

Closed on
Mar 31, 2015
Sold by
Spencer Josette
Bought by
Spencer Josette A

Purchase Details

Closed on
Aug 4, 2006
Sold by
Kerber George H
Bought by
Kerber George H

Purchase Details

Closed on
Oct 17, 2003
Sold by
Kerber George H and Kerber Josephine H
Bought by
Kerber George H and Kerber Josephine H

Purchase Details

Closed on
Dec 29, 1998
Sold by
Kerber George H and Kerber Josephine H
Bought by
The Kerber Partnership
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
Jin Zhenyang $1,200,000 Chicago Title Company
Spencer Josette A -- None Available
Spencer Josette -- None Available
Spencer Josette A -- None Available
Spencer Josette -- None Available
Kerber George H -- None Available
Kerber George H -- --
The Kerber Partnership $325,000 --
Kerber George H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Zhenyang $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $1,200,000 -7.7% $938 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $1,299,999 -- $1,016 / 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 $14,960 $1,298,916 $649,458 $649,458
2024 $14,960 $1,273,448 $636,724 $636,724
2023 $14,741 $1,248,480 $624,240 $624,240
2022 $14,573 $1,224,000 $612,000 $612,000
2021 $875 $73,581 $20,459 $53,122
2020 $857 $72,828 $20,250 $52,578
2019 $863 $71,401 $19,853 $51,548
2018 $919 $70,002 $19,464 $50,538
2017 $903 $68,631 $19,083 $49,548
2016 $787 $67,286 $18,709 $48,577
2015 $861 $66,276 $18,428 $47,848
2014 $1,488 $64,979 $18,068 $46,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81819715

MLSListings

APN: 132-50-004