NOT LISTED FOR SALE

Estimated Value: $1,452,000 - $2,119,000

2 Beds
2 Baths
1,225 Sq Ft
$895/mo HOA Fee

Last Sold October 22, 2019

Last sale price $1,575,000 $1,286 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,657/month

11 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Bathtub with Shower
  • Addison Elementary School Rated A+
  • Walk-In Closet
  • Guest Parking

About This Home

As of October 2019

Situated blocks away from downtown northern Palo Alto and University Avenue, enjoy life on the peninsula at Palo Alto Fountains! Surrounded by trees, this second-level corner-unit condo features a private deck, airy and light-filled living room with a cozy fireplace, plenty of closet space, including a spacious cedar-lined walk-in for the master bedroom that also has a balcony facing Middlefield Road. Updated with new carpet throughout, new washer & dryer, and Anderson dual pane windows, this unit is ready for you to move in and make your home. Palo Alto Fountains is a desirable, well-maintained 12-unit condo complex with private common area, gated parking, bike racks and additional storage. Relish in downtown amenities such as lively restaurants, shops and movie theaters while still having an ideal location just a short distance from Stanford, Facebook and Google campuses, and a mile from Palo Alto Station.

Last Agent to Sell the Property

Juliette Kulda

KW Advisors License #70010081 Listed on: 09/05/2019

KW Advisors

Last Buyer's Agent

Juliette Kulda

KW Advisors License #70010081 Listed on: 09/05/2019

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,836

Year Built

  • Built in 1981

Lot Details

  • 1,224

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Family or Dining Combination
  • Carpet
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 120-04-094

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, insurance, maintenance - common area, maintenance - exterior, reserves, water / sewer
  • 12 Units
  • Palo Alto Fountains Association
  • Built by Palo Alto Fountains Association

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,836

Year Built

Built in 1981

Lot Details

0

HOA Fees

$895 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 38
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 5
  • Min Numberof Unitsin Complex: 12
  • Structure Sq Ft: 1225
  • Complex Name: Palo Alto Fountains Association
  • Year Built: 1981
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area in Family Room, No Formal Dining Room
  • Kitchen: Dishwasher, Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1225
  • Stories: 1
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower over Tub - 1, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Roof: Tile
  • View: Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Gate / Door Opener, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 895
  • HOA Amenities: Additional Storage
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Insurance, Maintenance - Common Area, Maintenance - Exterior, Reserves, Water / Sewer
  • H O A Name Text: Palo Alto Fountains Association
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-04-094
  • Lot Acres: 0.0281
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1225.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1225.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • 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
Sep 5, 2019
Closed on
Oct 16, 2019
Sold by
Robbins Joseph A and Longust Bridgett
Bought by
Leyrer Janice
Seller's Agent
Juliette Kulda
KW Advisors
Buyer's Agent
Juliette Kulda
KW Advisors
List Price
$1,575,000
Sold Price
$1,575,000
Current Estimated Value
$1,724,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,785
Avg. Annual Appreciation
1.31%
Original Mortgage
$787,500
Outstanding Balance
$691,540
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,010,025

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 9, 2013
Sold by
Jason William G and Jason Karen D
Bought by
Robbins Joseph A and Longust Bridgett
Seller's Agent
Lyn Cobb
Coldwell Banker Realty
Buyer's Agent
Wende Schoof
Keller Williams Palo Alto
List Price
$1,080,000
Sold Price
$1,225,000
Premium/Discount to List
$145,000
13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$980,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1993
Sold by
Jason William G
Bought by
Jason William G and Jason Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.94%
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
Leyrer Janice $1,575,000 Lawyers Title Company
Robbins Joseph A $1,225,000 Cornerstone Title Company
Jason William G -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyrer Janice $787,500
Previous Owner Robbins Joseph A $946,000
Previous Owner Robbins Joseph A $968,000
Previous Owner Robbins Joseph A $980,000
Previous Owner Jason William G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $1,575,000 0.0% $1,286 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $1,575,000 +28.6% $1,286 / Sq Ft
10/31/2013 10/31/13 Sold $1,225,000 +13.4% $1,000 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $1,080,000 -- $882 / 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 $19,836 $1,722,490 $861,245 $861,245
2024 $19,836 $1,688,716 $844,358 $844,358
2023 $19,546 $1,655,604 $827,802 $827,802
2022 $19,324 $1,623,142 $811,571 $811,571
2021 $18,943 $1,591,316 $795,658 $795,658
2020 $19,376 $1,575,000 $787,500 $787,500
2019 $16,890 $1,346,168 $673,084 $673,084
2018 $16,436 $1,319,774 $659,887 $659,887
2017 $16,148 $1,293,898 $646,949 $646,949
2016 $15,722 $1,268,528 $634,264 $634,264
2015 $15,567 $1,249,474 $624,737 $624,737
2014 $15,211 $1,225,000 $612,500 $612,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81767378

MLSListings

APN: 120-04-094