NOT LISTED FOR SALE

Estimated Value: $1,777,000 - $1,991,177

2 Beds
2.5 Baths
1,825 Sq Ft
$5,764/mo HOA Fee

Last Sold September 06, 2023

Last sale price $1,650,000 $904 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,334/month

7 Days on Market

Highlights

  • Indoor Pool
  • Active Adult
  • Garden View
  • Indoor Spa
  • Two Primary Bedrooms
  • Corner Lot

About This Home

As of September 2023

Here is a Beautiful Home with a SECRET GARDEN at The Hamilton, Downtown Palo Alto's Luxury Boutique Residence for adults age 55+. Gardeners, nature lovers and pet owners will love it! The Hamilton's Concierge Service offers 5 gourmet dinners a week, social events, indoor pool, fitness center + classes, book group, card room, library, and private driver. With only 36 units and a devoted staff, residents enjoy a sense of community and the warm welcoming atmosphere the Hamilton provides. 106 has Sophisticated Styling with French doors to garden, high ceilings tall windows and wood tone floors, it is no surprise this was the original model home. It has Living-Dining Room, 2 Separated Bedroom Suites, plus Study/ 3rd Bedroom, Kitchen, Powder Room in approx.1825 SF. The SECRET GARDEN wraps around the home providing lush greenery at every window. IT FEELS LIKE A SINGLE FAMILY HOME. It is condominium ownership. Near by are Palo Alto's cafes, shops, top medical care and Avenidas Senior Center.

Last Agent to Sell the Property

Ellen Barton

Coldwell Banker Realty License #00640629 Listed on: 08/23/2023

Coldwell Banker Realty

Last Buyer's Agent

Joanna Lopez

Redfin License #02060217

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,351

Year Built

  • Built in 1997

Lot Details

  • 1,437

HOA Fees

  • $5,764 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Combination Foundation

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Circular Fireplace
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Library
  • Storage Room
  • Indoor Spa
  • Garden Views
  • Security Gate

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Indoor Pool
  • Cabana
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-03-092

Community Details

Overview

  • Active Adult
  • Association fees include common area electricity, common area gas, decks, door person, exterior painting, fencing, garbage, heating, insurance, insurance - common area, insurance - flood, insurance - liability
  • 36 Units
  • The Hamilton Homeowners Association
  • Built by The Hamilton
  • The community has rules related to parking rules

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,351

Year Built

Built in 1997

Lot Details

0

HOA Fees

$5,764 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions, Pets - Rules, Senior Community (1 Resident 55+)
  • Age: 26
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 36
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 1825
  • Complex Name: The Hamilton
  • Incorporated: Yes
  • Year Built: 1997
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Hood Over Range, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1825
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour), Controlled / Secured Access, Fire Alarm, Secured Garage / Parking, Security Building
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Additional Rooms: Formal Entry, Great Room, Library, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Indoor, Spa - In Ground, Spa - Indoor
  • View: Garden / Greenbelt
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Electric Gate, Enclosed, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 5764
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Door Person, Exterior Painting, Fencing, Garbage, Heating, Insurance, Insurance - Common Area, Insurance - Flood, Insurance - Liability
  • H O A Name Text: The Hamilton Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-03-092

Multi Family

  • Utilities: Natural Gas
  • Unit Features: Corner Unit

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 1, 2023
Sold by
Joseph F Ringholz Family Trust
Bought by
David And Carol Obrien Family Trust and Obrien
Seller's Agent
Ellen Barton
Coldwell Banker Realty
Buyer's Agent
Joanna Lopez
Redfin
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%
Views
37
Current Estimated Value
$1,862,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,294
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 16, 2015
Sold by
Mhatre Shirley L
Bought by
Ringholz Raye C
Seller's Agent
Doris S. Messina
Coldwell Banker Realty
Buyer's Agent
Ellen Barton
Coldwell Banker Realty
List Price
$1,488,000
Sold Price
$1,980,925
Premium/Discount to List
$492,925
33.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.16%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Mhatre Shirley L and Mhatre Nagesh S
Bought by
Mhatre Shirley L and Mhatre Nagesh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Boschwitz David J
Bought by
Mhatre Shirley Lee and Mhatre Nagesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Jack Kay T
Bought by
Boschwitz Franz L and Boschwitz Anne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Heymann Gary M and Heymann Joan C
Bought by
Jack Kay T

Purchase Details

Closed on
Jan 6, 1999
Sold by
The Hamilton Group Lp
Bought by
Heymann Gary M and Heymann Joan C
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
David And Carol Obrien Family Trust $1,650,000 Cornerstone Title Company
Ringholz Raye C $1,981,000 Cornerstone Title Company
Mhatre Shirley L -- Old Republic Title Company
Mhatre Shirley Lee $884,750 Chicago Title Company
Boschwitz Franz L -- Chicago Title Company
Jack Kay T -- Old Republic Title Company
Heymann Gary M $975,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mhatre Shirley L $625,000
Previous Owner Mhatre Shirley Lee $619,500
Previous Owner Boschwitz Franz L $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $1,650,000 -2.9% $904 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $1,700,000 -14.2% $932 / Sq Ft
04/17/2015 04/17/15 Sold $1,980,925 +33.1% $1,085 / Sq Ft View Prior Sale
04/11/2015 04/11/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,488,000 -- $815 / 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 $20,351 $1,035,915 $403,999 $631,916
2024 $20,351 $1,650,000 $825,000 $825,000
2023 $27,884 $2,288,321 $1,144,088 $1,144,233
2022 $27,561 $2,243,453 $1,121,655 $1,121,798
2021 $27,018 $2,199,464 $1,099,662 $1,099,802
2020 $26,461 $2,176,912 $1,088,387 $1,088,525
2019 $26,167 $2,134,229 $1,067,047 $1,067,182
2018 $25,449 $2,092,382 $1,046,125 $1,046,257
2017 $25,002 $2,051,356 $1,025,613 $1,025,743
2016 $24,346 $2,011,134 $1,005,503 $1,005,631
2015 $11,659 $924,914 $462,457 $462,457
2014 -- $906,798 $453,399 $453,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81939001

MLSListings

APN: 120-03-092