NOT LISTED FOR SALE

Estimated Value: $946,215 - $1,110,000

1 Bed
1 Bath
895 Sq Ft
1,350 Sq Ft Lot

Last Sold November 28, 2012

Last sale price $580,000 $648 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,153/month

22 Days on Market

Highlights

  • Unit is on the top floor
  • End Unit
  • Eat-In Kitchen
  • Addison Elementary School Rated A+
  • 1 Car Detached Garage
  • Tile Flooring

About This Home

As of November 2012

Bright and comfortable top floor end unit condominium just a short walk to downtown Palo Alto. Air conditioning, 1 car garage (NOT underground parking), W/D inside unit. One spacious bedroom with built in desk, bookcase, bureau. Location, on a pleasant tree-lined street, is top-notch. Condo complex has a nice courtyard with fountain, trees, lush lawn. Downtown living for under 600K - great choice.

Last Agent to Sell the Property

Emely Weissman

Compass License #01119038 Listed on: 09/12/2012

Compass

Last Buyer's Agent

Zachary Trailer

Coldwell Banker Realty License #01371338

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,197

Year Built

  • Built in 1958

Lot Details

  • 1,350

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • End Unit
  • Unit is on the top floor

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, common area electricity, common area gas, insurance - common area
  • Community Management Associates Association

Listing and Financial Details

  • Assessor Parcel Number 003-02-056

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,197

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 54
  • Sale Price Per Sq Ft: 648.04
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 895
  • Barclay Horizontal: 8
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: J
  • Map Top Coordinate Secondary: 8
  • Thomas Bros Page: 790
  • Thomas Brothers: J4
  • Year Built: 1958
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 895
  • Stories: 1
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air, Gas

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Condo/Co-op/Association

  • HOA Fees: 365
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Common Area Electricity, Common Area Gas, Insurance - Common Area
  • H O A Name Text: Community Management Associates
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-02-056
  • List Price per Sq Ft: 658.10
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1368.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1368.00
  • Lot Size Area Min Search: 1368.00
  • Maximum Lot Size: 1368.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit, Top Floor or Penthouse

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2012
Closed on
Oct 22, 2012
Sold by
Guta Cosmin
Bought by
Hoffman David C
Seller's Agent
Emely Weissman
Compass
Buyer's Agent
Zachary Trailer
Coldwell Banker Realty
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Total Days on Market
22
Current Estimated Value
$1,015,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,072
Avg. Annual Appreciation
4.58%
Original Mortgage
$104,900
Interest Rate
3.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 5, 2005
Sold by
Bagherinia Homayoun and Nakhjavani Tamara
Bought by
Guta Cosmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Rich Jeffrey T and Rich Molly
Bought by
Bagherinia Homayoun and Nakhjavani Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Rich Jeffrey T and Rich Molly
Bought by
Rich Jeffrey T and Rich Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Interest Rate
4.87%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Rana Glasgal
Bought by
Rich Jeffrey T and Foy Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.68%

Purchase Details

Closed on
Jun 20, 1994
Sold by
Krozek Philip Henry and Krozek Kristine Loeb
Bought by
Glasgal Rana
Source: Public Records

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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
Hoffman David C $580,000 Old Republic Title Company
Guta Cosmin -- Financial Title Company
Bagherinia Homayoun $420,000 First American Title Co
Rich Jeffrey T -- Fidelity National Title Ins
Rich Jeffrey T $300,000 First American Title Guarant
Glasgal Rana $189,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman David C $445,000
Closed Hoffman David C $360,000
Closed Hoffman David C $515,000
Previous Owner Hoffman David C $104,900
Previous Owner Hoffman David C $417,000
Previous Owner Guta Cosmin $400,000
Previous Owner Guta Cosmin $424,000
Previous Owner Bagherinia Homayoun $180,000
Previous Owner Bagherinia Homayoon $87,500
Previous Owner Bagherinia Homayoun $70,000
Previous Owner Bagherinia Homayoun $336,000
Previous Owner Bagherinia Homayoun $336,000
Previous Owner Bagherinia Homayoun $336,000
Previous Owner Bagherinia Homayoun $40,000
Previous Owner Bagherinia Homayoun $336,000
Previous Owner Bagherinia Homayoun $40,000
Previous Owner Rich Jeffrey T $44,000
Previous Owner Rich Jeffrey T $266,750
Previous Owner Rich Jeffrey T $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2012 11/28/12 Sold $580,000 -1.5% $648 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $589,000 -- $658 / 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 $9,197 $700,214 $350,107 $350,107
2023 $9,059 $686,486 $343,243 $343,243
2022 $8,949 $673,026 $336,513 $336,513
2021 $8,773 $659,830 $329,915 $329,915
2020 $8,605 $653,066 $326,533 $326,533
2019 $8,506 $640,262 $320,131 $320,131
2018 $8,288 $627,708 $313,854 $313,854
2017 $8,142 $615,400 $307,700 $307,700
2016 $7,925 $603,334 $301,667 $301,667
2015 $7,843 $594,272 $297,136 $297,136
2014 $7,612 $582,632 $291,316 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81233715

MLSListings

APN: 003-02-056