NOT LISTED FOR SALE

625 Forest Ave Unit 3 Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $1,376,960 - $1,622,000

2 Beds
1 Bath
1,200 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $1,416,000 $1,180 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,449/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Contemporary Architecture
  • Sauna

About This Home

As of August 2014

Fabulous downtown location. Lovely remodeled 2 bedroom, 1.5 bath townhome set back in a private quiet garden setting. Gorgeous kitchen with top of the line appliances. Brazilian hardwood floors on first level. Skylights. Large sunny deck/patio. 2 car underground parking with access from unit. Extra large storage room. Inside laundry. Air cond.

Last Agent to Sell the Property

Jennifer Buenrostro

Compass License #01733750 Listed on: 07/30/2014

Compass

Last Buyer's Agent

Pat Kalish

Compass License #00702818

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,272

Year Built

  • Built in 1974

Lot Details

  • 0.69

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-40-003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, roof, fencing, insurance - earthquake, insurance - flood, insurance - liability
  • 18 Units
  • Prestige Mgmt Association

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,272

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 40
  • Sale Price Per Sq Ft: 1180.00
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Max Numberof Unitsin Building: 25
  • Max Numberof Unitsin Complex: 18
  • Min Numberof Unitsin Complex: 18
  • Structure Sq Ft: 1200
  • Barclay Horizontal: 8
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: J
  • Map Top Coordinate Secondary: 8
  • Thomas Bros Page: 790
  • Thomas Brothers: J4
  • Year Built: 1974
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1200
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 480
  • HOA Amenities: Club House, Additional Storage, Community Pool, BBQ Area, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Roof, Fencing, Insurance - Earthquake, Insurance - Flood, Insurance - Liability
  • H O A Name Text: Prestige Mgmt
  • Levels In Unit: 2
  • H O A Exist: Yes

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: 120-40-003
  • List Price per Sq Ft: 1081.67
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 30000.00
  • Lot Size Area Min Search: 30000.00
  • Maximum Lot Size: 30000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Skylight

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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
Jul 30, 2014
Closed on
Aug 14, 2014
Sold by
Mathews Jill Passalacqua
Bought by
Liu Min
Seller's Agent
Jennifer Buenrostro
Compass
Buyer's Agent
Pat Kalish
Compass
List Price
$1,298,000
Sold Price
$1,416,000
Premium/Discount to List
$118,000
9.09%
Current Estimated Value
$1,487,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,490
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Oct 22, 2012
Sold by
Mathews Jill Passalacqua
Bought by
Mathews Jill Passalacqua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Matthews Jill Anne Passalacqua
Bought by
Passalacqua Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Passalacqua Jill Anne
Bought by
Passalacqua Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Passalacqua Jill Anne
Bought by
Passalacqua Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Gardner Margaret Howell Treble and Treble Christopher Benedict
Bought by
Passalacqua Jill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,800
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Treble Christopher J and Treble Nancy B
Bought by
Treble Christopher Benedict

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,800
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage
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
Liu Min $1,416,000 Old Republic Title Company
Mathews Jill Passalacqua -- First American Title Company
Passalacqua Jill Anne -- Old Republic Title Company
Mathews Jill Anne Passalacqua -- Old Republic Title Company
Mathews Jill Anne Passalacqua -- Old Republic Title Company
Passalacqua Jill Anne -- Financial Title Company
Passalacqua Jill Anne -- Financial Title Company
Passalacqua Jill Anne -- None Available
Passalacqua Jill Anne $646,000 First American Title Company
Treble Christopher Benedict -- First American Title Company
Gardner Margaret Howell Treble -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Jill Passalacqua $250,000
Previous Owner Mathews Jill Passalacqua $584,000
Previous Owner Mathews Jill Anne Passalacqua $600,000
Previous Owner Passalacqua Jill Anne $600,000
Previous Owner Passalacqua Jill Anne $588,000
Previous Owner Passalacqua Jill Anne $73,000
Previous Owner Passalacqua Jill Anne $516,800
Closed Passalacqua Jill Anne $20,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $1,416,000 0.0% $1,180 / Sq Ft
08/21/2014 08/21/14 Off Market $1,416,000 -- --
08/06/2014 08/06/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $1,298,000 -- $1,082 / 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 $18,272 $1,610,000 $805,000 $805,000
2024 $18,272 $1,480,000 $740,000 $740,000
2023 $17,517 $1,410,000 $705,000 $705,000
2022 $19,945 $1,603,656 $801,828 $801,828
2021 $19,551 $1,572,212 $786,106 $786,106
2020 $19,153 $1,556,092 $778,046 $778,046
2019 $18,938 $1,525,582 $762,791 $762,791
2018 $18,425 $1,495,670 $747,835 $747,835
2017 $18,100 $1,466,344 $733,172 $733,172
2016 $17,623 $1,437,594 $718,797 $718,797
2015 $17,464 $1,416,000 $708,000 $708,000
2014 $9,583 $749,242 $374,621 $374,621
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Buenrostro

    Seller's Agent in 2014

    Jennifer Buenrostro

    Compass

    (650) 224-9539

    6 in this area

    56 Total Sales

    Jennifer Buenrostro
    Section Image
  • Pat Kalish

    Buyer's Agent in 2014

    Pat Kalish

    Compass

    (650) 823-4624

    10 Total Sales

    Pat Kalish
    Section Image
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Map

Source: MLSListings

MLS Number: ML81427522

MLSListings

APN: 120-40-003

California Santa Clara County Palo Alto 94301 University South

625 Forest Ave Unit 3, Palo Alto, CA

This home is located at 625 Forest Ave Unit 3, Palo Alto, CA 94301 since 30 July 2014 and is currently estimated at $1,487,490, approximately $1,239 per square foot. This property was built in 1974. 625 Forest Ave Unit 3 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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