NOT LISTED FOR SALE

616 Forest Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $1,755,000 - $1,980,000

2 Beds
2.5 Baths
1,392 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $1,855,000 $1,333 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,067/month

5 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Dining Area
  • Addison Elementary School Rated A+
  • Washer and Dryer

About This Home

As of April 2023

Sleek, contemporary design has been thoughtfully infused into this entirely remodeled living space. Well-manicured & charming, the front facade welcomes you into a 2BD/3BA home where everything is updated & brimming with style durable, planked flooring, crisp white walls, & chic light fixtures are featured throughout. Test your culinary inclinations in the gorgeous eat-in kitchen with ample cabinets, pristine countertops, stainless steel appliances, & subway tile backsplash. Blur the lines between indoor & out by sliding open glass doors from the living room to the spacious back patio, ideal for hosting & entertaining to your hearts content. Both versatile bedrooms accompany luxurious ensuites & boast custom-shelved closets for abundant space. The largest unit in the complex, appreciate reserved, underground parking, in-unit laundry, & a more than desirable location near bustling University Ave to add even more to this already idyllic abode.

Last Agent to Sell the Property

Christine Steel

KW Advisors License #01433498 Listed on: 03/24/2023

KW Advisors

Last Buyer's Agent

Billy McNair

Coldwell Banker Realty License #01343603

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,194

Year Built

  • Built in 1977

Lot Details

  • 632 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance, insurance - homeowners, landscaping / gardening, maintenance - exterior, roof
  • Webster Forest HOA

Listing and Financial Details

  • Assessor Parcel Number 120-54-001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,194

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 1392
  • Year Built: 1977
  • Zoning Description: RM-3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1392
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Tile, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor

Exterior Features

  • Foundation: Concrete Perimeter and Slab

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 560
  • Association Fees Include: Insurance, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Exterior, Roof
  • H O A Name Text: Webster Forest HOA
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-54-001
  • Lot Acres: 0.0145
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 630.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 630.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Mar 31, 2023
Sold by
Marc Besman Living Trust
Bought by
Sakura Trust
Seller's Agent
Christine Steel
KW Advisors
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,855,000
Premium/Discount to List
$260,000
16.3%
Views
47
Current Estimated Value
$1,874,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,363
Avg. Annual Appreciation
0.43%

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 21, 2022
Sold by
Narratrix Trust
Bought by
Marc Besman Living Trust
Seller's Agent
Carrie Davis
Coldwell Banker Realty
Buyer's Agent
Christine Steel
KW Advisors
List Price
$1,718,000
Sold Price
$1,750,000
Premium/Discount to List
$32,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$350,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Ferry Suzanne
Bought by
Ferry Suzanne

Purchase Details

Closed on
Dec 10, 2010
Sold by
Porch Penelope
Bought by
Ferry Suzanne

Purchase Details

Closed on
Oct 24, 2005
Sold by
Feiock Teresa D
Bought by
Feiock Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 2004
Sold by
Feiock Teresa D
Bought by
Feiock Teresa D

Purchase Details

Closed on
Mar 17, 2004
Sold by
Galiata Robert J and Galiata Julia T
Bought by
Feiock Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1994
Sold by
Galiata Robert J and Galiata Julia T
Bought by
Galiata Robert J and Galiata Julia T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sakura Trust $1,855,000 Lawyers Title Company
Marc Besman Living Trust $1,750,000 Lawyers Title
Ferry Suzanne -- None Available
Ferry Suzanne $725,000 First American Title Company
Feiock Teresa D -- Fidelity National Title Ins
Feiock Teresa D -- Fidelity National Title Ins
Feiock Teresa D -- --
Feiock Teresa D -- Chicago Title
Galiata Robert J -- --
Galiata Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marc Besman Living Trust $350,000
Previous Owner Feiock Teresa D $417,000
Previous Owner Feiock Teresa D $50,000
Previous Owner Feiock Teresa D $400,000
Previous Owner Feiock Teresa D $400,000
Closed Feiock Teresa D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,855,000 +16.3% $1,333 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $1,595,000 -8.9% $1,146 / Sq Ft
07/01/2022 07/01/22 Sold $1,750,000 +1.9% $1,257 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,718,000 -- $1,234 / 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 $23,194 $1,929,942 $964,971 $964,971
2024 $23,194 $1,892,100 $946,050 $946,050
2023 $21,613 $1,750,000 $875,000 $875,000
2022 $11,274 $875,272 $437,636 $437,636
2021 $11,051 $858,110 $429,055 $429,055
2020 $10,833 $849,312 $424,656 $424,656
2019 $10,708 $832,660 $416,330 $416,330
2018 $10,427 $816,334 $408,167 $408,167
2017 $10,242 $800,328 $400,164 $400,164
2016 $10,050 $784,636 $392,318 $392,318
2015 $9,948 $772,852 $386,426 $386,426
2014 $9,683 $757,714 $378,857 $378,857
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christine Steel

    KW Advisors

    Section Image
  • Billy McNair

    Buyer's Agent in 2023

    Billy McNair

    Coldwell Banker Realty

    (650) 862-3266

    5 in this area

    131 Total Sales

    Billy McNair
    Section Image
  • Carrie Davis

    Seller's Agent in 2022

    Carrie Davis

    Coldwell Banker Realty

    (650) 269-4768

    2 in this area

    61 Total Sales

    Carrie Davis
    Section Image
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Map

Source: MLSListings

MLS Number: ML81922555

MLSListings

APN: 120-54-001

California Santa Clara County Palo Alto 94301 University South

616 Forest Ave, Palo Alto, CA

This home is located at 616 Forest Ave, Palo Alto, CA 94301 since 24 March 2023 and is currently estimated at $1,874,363, approximately $1,346 per square foot. This property was built in 1977. 616 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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