$970,000
SOLD AUG 10, 2012
3 Beds
2.5 Baths
1,810 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$536 Per Sq Ft

8% Below List Price

61 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Living Room with Fireplace
  • Addison Elementary School Rated A+
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2023

One of the best units at The Hamilton, the elegant complex built in 1997 that offers luxury living in the heart of downtown Palo Alto. This elegant 3 bedroom, 2.5 bath unit is on the ground floor on the quiet, sunny side of the building. It has its own private patio for quiet enjoyment. The complex has loads of amenities. Residents must be 55 years of age or older.

Last Agent to Sell the Property

Monica Corman

Compass License #01111473 Listed on: 04/28/2012

Compass

Last Buyer's Agent

Dana Van Hulsen

Compass License #01749772

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,749

Year Built

  • Built in 1997

Parking

  • Subterranean Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 120-03-087

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heating, hot water, pool spa or tennis, management fee, reserves, roof, sewer, water, common area electricity, common area gas, exterior painting, fencing, garbage, gas, insurance - common area, insurance - flood, insurance - liability
  • 36 Units
  • The Hamilton Association

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,749

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Spanish
  • Age: 15
  • Sale Price Per Sq Ft: 535.91
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Complex: 36
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 1810
  • Builder Architect: Vance Brown
  • 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: 1997
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Microwave, Ovens - 2+, 220 Volt Outlet
  • Living Sq Ft: 1810
  • Stories: 1
  • Security: Security Features, Security Building, Security Gate, Security Service
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Tile, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 4210
  • HOA Amenities: Club House, Door Person, Additional Storage, Elevator, Gym / Exercise Facility, Community Pool, BBQ Area, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Heating, Hot Water, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Gas, Insurance - Common Area, Insurance - Flood, Insurance - Liability
  • H O A Name Text: The Hamilton
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-03-087
  • List Price per Sq Ft: 580.11
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1432.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1432.00
  • Lot Size Area Min Search: 1432.00
  • Maximum Lot Size: 1432.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
May 13, 2023
Sold by
Richard B Craswell And Laura C Lin Trust
Bought by
Dennis Mayer Brown And Kay Yoffee Brown Famil
Seller's Agent
Sheila Zarekari
Keller Williams Realty
Buyer's Agent
Sheila Zarekari
Keller Williams Realty
List Price
$1,680,000
Sold Price
$1,150,000
Premium/Discount to List
-$530,000
-31.55%
Views
139
Current Estimated Value
$1,652,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,800
Avg. Annual Appreciation
18.56%

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 25, 2020
Sold by
Brody Gordon
Bought by
Craswell Richard B and Lin Laura C
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Sharon Witte
Compass
List Price
$1,550,000
Sold Price
$1,275,000
Premium/Discount to List
-$275,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.53%

Purchase Details

Listed on
Apr 28, 2012
Closed on
Jul 26, 2012
Sold by
Schofield Laurie Vibert and Sloane Jeanne Vibert
Bought by
Brody Estelle and Brody Gordon
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Dana Van Hulsen
Compass
List Price
$1,050,000
Sold Price
$970,000
Premium/Discount to List
-$80,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Mar 4, 1999
Sold by
The Hamilton Group Lp
Bought by
Vibert Maribelle L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,150,000 Old Republic Title
Grant Deed $1,275,000 Chicago Title Company
Grant Deed $984,750 First American Title Company
Grant Deed $1,030,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $12,800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,150,000 -- --
05/16/2023 05/16/23 Sold $1,150,000 -20.7% $635 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
09/06/2022 09/06/22 Price Changed $1,450,000 -13.7% $801 / Sq Ft
08/11/2022 08/11/22 For Sale $1,680,000 +31.8% $928 / Sq Ft
07/02/2020 07/02/20 Sold $1,275,000 -5.6% $704 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $1,350,000 -12.9% $746 / Sq Ft
01/23/2020 01/23/20 For Sale $1,550,000 +59.8% $856 / Sq Ft
08/10/2012 08/10/12 Sold $970,000 -7.6% $536 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $1,050,000 -- $580 / 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 $14,749 $1,173,000 $586,500 $586,500
2023 $16,614 $1,326,510 $663,255 $663,255
2022 $16,419 $1,300,500 $650,250 $650,250
2021 $16,096 $1,275,000 $637,500 $637,500
2020 $13,973 $1,109,088 $554,544 $554,544
2019 $13,733 $1,087,342 $543,671 $543,671
2018 $13,366 $1,066,022 $533,011 $533,011
2017 $13,130 $1,045,120 $522,560 $522,560
2016 $12,782 $1,024,628 $512,314 $512,314
2015 $12,653 $1,009,238 $504,619 $504,619
2014 $12,343 $989,470 $494,735 $494,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81215838

MLSListings

APN: 120-03-087