NOT LISTED FOR SALE

613 Forest Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $1,273,729 - $1,460,000

2 Beds
2 Baths
1,080 Sq Ft
$550/mo HOA Fee

Last Sold May 01, 2024

Last sale price $1,325,000 $1,227 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,709/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • Addison Elementary School Rated A+
  • End Unit
  • Skylights

About This Home

As of May 2024

Only a few blocks from University Avenue - dining, shopping, entertainment. Easy commute to Stanford University. Exceptionally well-maintained 10-unit complex. Secured lobby, two-story building has an elevator and extra private storage available. Assigned underground parking, additional unassigned/uncovered parking. Two bedrooms. Two full bathrooms. In-unit laundry. Private patio/balcony. Wonderfully remodeled pristine kitchen and bathrooms. Interior freshly painted. Double-pane windows and doors. Central heat and air conditioning. Enjoy the durable low-maintenance engineered wood flooring, the lovely living room fireplace. Listing is an end unit, only one common wall. Palo Alto School District. Call your Realtor for a private showing.

Last Agent to Sell the Property

Laura Perkins

eXp Realty of California Inc License #01327253 Listed on: 03/14/2024

eXp Realty of California Inc

Last Buyer's Agent

Baris Demirlioglu

Keller Williams Palo Alto License #02154411

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,381

Year Built

  • Built in 1975

Lot Details

  • 0.34

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Reinforced Concrete Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Washer and Dryer

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120-43-007

Community Details

Overview

  • Association fees include garbage, hot water, maintenance - common area, management fee, roof, water / sewer
  • 10 Units
  • Forest Villa Homeowners Association
  • Built by Forest Villa

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,381

Year Built

Built in 1975

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 49
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 10
  • Min Numberof Unitsin Complex: 10
  • Structure Sq Ft: 1080
  • Complex Name: Forest Villa
  • Incorporated: Yes
  • Year Built: 1975
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1080
  • Stories: 1
  • Security: Security Building
  • Laundry: Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Reinforced Concrete
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Off-Street Parking, Parking Restrictions, Unassigned Spaces, Uncovered Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Hot Water, Maintenance - Common Area, Management Fee, Roof, Water / Sewer
  • H O A Name Text: Forest Villa Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-43-007

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 26, 2024
Sold by
Babcock 2013 Revocable Trust and Babcock Robert E
Bought by
Leake Mackenzie
Seller's Agent
Laura Perkins
eXp Realty of California Inc
Buyer's Agent
Baris Demirlioglu
Keller Williams Palo Alto
List Price
$1,398,800
Sold Price
$1,325,000
Premium/Discount to List
-$73,800
-5.28%
Views
56
Current Estimated Value
$1,365,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,432
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Sep 20, 2013
Sold by
Babcock Jennifer Cullen and Babcock Robert Eugene
Bought by
Babcock Robert E and Babcock Jennifer C

Purchase Details

Closed on
Aug 24, 2009
Sold by
Babcock Jennifer Cullen and Babcock Robert Eugene
Bought by
Babcock Jennifer Cullen and Babcock Robert Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2008
Sold by
Cullen Jennifer Marie
Bought by
Cullen Jennifer M and Babcock Robert Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Lanham Richard N and Lanham Linda M
Bought by
Cullen Jennifer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 1996
Sold by
Lanham Richard N and Lanham Linda M
Bought by
Lanham Richard N and Lanham Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
7.82%
Mortgage Type
Balloon
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
Leake Mackenzie $1,325,000 First American Title
Babcock Robert E -- None Available
Babcock Jennifer Cullen -- Old Republic Title Company
Cullen Jennifer M -- Old Republic Title Company
Cullen Jennifer Marie $680,000 First American Title Company
Lanham Richard N -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babcock Robert E $225,000
Previous Owner Babcock Robert E $176,500
Previous Owner Babcock Robert Eugene $174,500
Previous Owner Babcock Jennifer Cullen $179,000
Previous Owner Cullen Jennifer M $531,000
Previous Owner Cullen Jennifer Marie $68,000
Previous Owner Cullen Jennifer Marie $544,000
Previous Owner Lanham Richard N $192,925
Previous Owner Lanham Richard N $48,000
Previous Owner Lanham Richard N $200,900
Previous Owner Lanham Richard N $202,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,325,000 -5.3% $1,227 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,398,800 -- $1,295 / 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 $11,381 $1,351,500 $675,750 $675,750
2024 $11,381 $893,182 $446,591 $446,591
2023 $11,210 $875,670 $437,835 $437,835
2022 $11,074 $858,500 $429,250 $429,250
2021 $10,855 $841,668 $420,834 $420,834
2020 $10,642 $833,038 $416,519 $416,519
2019 $10,519 $816,704 $408,352 $408,352
2018 $10,243 $800,692 $400,346 $400,346
2017 $10,061 $784,994 $392,497 $392,497
2016 $9,792 $769,602 $384,801 $384,801
2015 $9,692 $758,042 $379,021 $379,021
2014 $9,429 $743,194 $371,597 $371,597
Source: Public Records

Agents Affiliated with this Home

  • Laura Perkins

    Seller's Agent in 2024

    Laura Perkins

    eXp Realty of California Inc

    (541) 606-6220

    1 in this area

    4 Total Sales

    Laura Perkins
    Section Image

  • B

    Buyer's Agent in 2024

    Baris Demirlioglu

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81957482

MLSListings

APN: 120-43-007

California Santa Clara County Palo Alto 94301 University South

613 Forest Ave, Palo Alto, CA

This home is located at 613 Forest Ave, Palo Alto, CA 94301 since 14 March 2024 and is currently estimated at $1,365,432, approximately $1,264 per square foot. This property was built in 1975. 613 Forest Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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