NOT LISTED FOR SALE

629 Forest Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $1,520,000 - $1,787,000

2 Beds
1.5 Baths
1,136 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,600,000 $1,408 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,290/month

6 Days on Market

Highlights

  • Private Pool
  • Subterranean Parking
  • 2 Car Attached Garage
  • Addison Elementary School Rated A+
  • Open to Family Room
  • Forced Air Heating System

About This Home

As of January 2022

Just two blocks away from bustling downtown area on University. This townhouse has all the modern upgrades. The floor plan has been opened up for spacious living. The quartz waterfall countertops give the kitchen that ultra-luxury feel framing the top-of-the-line Samsung appliances. The bathrooms have been upgraded from top to bottom with a new showers, flooring, and fixtures, including luxury Porcelanosa sinks.The upgrades include premium flooring throughout the home, closets systems by California Closets, new Milgard windows, recessed lighting, smart locks, and pavers in the private back yard. The location cannot be beat. It is steps away from the best shopping and restaurants that downtown Palo Alto has to offer. Close to Stanford University, with easy access to highway 101, Caltrain, and the Peninsula tech companies. It also has two reserved parking spots in a gated underground lot with direct access from inside the home, and a locked storage room right next to the parking.

Last Agent to Sell the Property

Andrew Sturtevant

Intelligent Buyer License #01775165 Listed on: 12/01/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,237

Year Built

  • 1974

Lot Details

  • 627

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,136 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Private Pool
  • 627 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, insurance - common area
  • 18 Units
  • Forest Townhouses Association, Inc. Association

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,237

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM3
  • Subclass: Townhouse
  • Restrictions: Pets - Allowed, Pets - Number Restrictions, Pets - Rules
  • Age: 47
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 18
  • Structure Sq Ft: 1136
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1974

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 1136
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Yes
  • Pool: Community Facility

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Forest Townhouses Association
  • HOA Fees: 565
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Forest Townhouses Association, Inc.

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0144
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 626.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 626.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 22, 2021
Sold by
Chen Shanshan and Tal Farbound
Bought by
Jaffe Kenneth and Jaffe Annette G
Seller's Agent
Andrew Sturtevant
Intelligent Buyer
List Price
$1,499,000
Sold Price
$1,600,000
Premium/Discount to List
$101,000
6.74%
Current Estimated Value
$1,646,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,149
Avg. Annual Appreciation
-1.72%
Original Mortgage
$1,200,000
Outstanding Balance
$1,102,270
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$398,488

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 28, 2018
Sold by
Tomczak Amy A and The Helen Anne Tomczak Trust
Bought by
Chen Shanshan and Tai Farboun
Seller's Agent
Cheryl Bower
Corcoran Global Living
Buyer's Agent
Andrew Sturtevant
Intelligent Buyer
List Price
$1,285,000
Sold Price
$1,660,000
Premium/Discount to List
$375,000
29.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.10%
Original Mortgage
$1,328,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2011
Sold by
Tomczak Helen Anne and Tomczak Amy A
Bought by
Tomczak Helen Anne and Tomczak Amy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Tomczak Helen Anne
Bought by
Tomczak Helen Anne and Tomczak Amy A

Purchase Details

Closed on
Oct 28, 2004
Sold by
Tomczak Helen Anne
Bought by
Tomczak Helen Anne

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
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2000
Sold by
Tomczak Helen A
Bought by
Tomczak Helen Anne

Purchase Details

Closed on
Feb 1, 1999
Sold by
Tomczak Edmund A and Euske Lillian
Bought by
Tomczak Helen Anne and Tomczak Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Tomczak Edmund A
Bought by
Tomczak Helen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1999
Sold by
Anne Tomczak and Anne Helen
Bought by
Tomczak Helen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
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
Jaffe Kenneth $1,600,000 Chicago Title Company
Chen Shanshan $1,660,000 Cornerstone Title Co
Tomczak Helen Anne -- Accommodation
Tomczak Helen Anne -- Chicago Title Company
Tomczak Helen Anne -- None Available
Tomczak Helen Anne -- Alliance Title Company
Tomczak Helen Anne -- Alliance Title Company
Tomczak Helen Anne -- --
Tomczak Helen Anne -- North American Title Co
Tomczak Helen Anne -- North American Title Co
Tomczak Helen Anne -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaffe Kenneth $1,200,000
Previous Owner Farbound Chen Shanshan $131,800
Previous Owner Chen Shanshan $1,328,000
Previous Owner Tomczak Helen Anne $265,000
Previous Owner Tomczak Helen Anne $100,000
Previous Owner Tomczak Helen Anne $192,000
Previous Owner Tomczak Helen A $131,000
Previous Owner Tomczak Helen Anne $179,000
Previous Owner Tomczak Helen Anne $120,000
Previous Owner Tomczak Helen Anne $90,000
Previous Owner Tomczak Helen Anne $140,000
Previous Owner Tomczak Helen Anne $140,000
Previous Owner Tomczak Helen Anne $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $1,600,000 +6.7% $1,408 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,499,000 -9.7% $1,320 / Sq Ft
09/06/2018 09/06/18 Sold $1,660,000 +29.2% $1,461 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $1,285,000 -- $1,131 / 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 $18,237 $1,465,000 $732,500 $732,500
2024 $18,237 $1,470,000 $735,000 $735,000
2023 $17,540 $1,405,000 $702,500 $702,500
2022 $21,710 $1,744,954 $872,477 $872,477
2021 $21,283 $1,710,740 $855,370 $855,370
2020 $20,849 $1,693,200 $846,600 $846,600
2019 $20,618 $1,660,000 $830,000 $830,000
2018 $4,697 $322,619 $140,675 $181,944
2017 $4,613 $316,294 $137,917 $178,377
2016 $4,488 $310,093 $135,213 $174,880
2015 $4,438 $305,436 $133,182 $172,254
2014 $4,262 $299,454 $130,574 $168,880
Source: Public Records

Agents Affiliated with this Home

  • Andrew Sturtevant

    Seller's Agent in 2022

    Andrew Sturtevant

    Intelligent Buyer

    (650) 251-4191

    1 in this area

    35 Total Sales

    Andrew Sturtevant
    Section Image

  • C

    Seller's Agent in 2018

    Cheryl Bower

    Corcoran Global Living

See All Agents

Map

Source: MLSListings

MLS Number: ML81871458

MLSListings

APN: 120-40-005

California Santa Clara County Palo Alto 94301 University South

629 Forest Ave, Palo Alto, CA

This home is located at 629 Forest Ave, Palo Alto, CA 94301 since 01 December 2021 and is currently estimated at $1,646,149, approximately $1,449 per square foot. This property was built in 1974. 629 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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