$1,780,000
SOLD JUL 11, 2025
2 Beds
2.5 Baths
1,485 Sq Ft
$953/mo HOA Fee

Recently Sold

$1,199 Per Sq Ft

19% Below List Price

64 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Balcony
  • Addison Elementary School Rated A+
  • Neighborhood Views
  • 4-minute walk to Lytton Plaza

About This Home

As of July 2025

Welcome to your dream home in the heart of vibrant downtown Palo Alto! Just a block away from Whole Foods, Peet's Coffee, Pizzeria Delfina, and more, this charming condo offers the perfect blend of style, convenience, and comfort. Down-to-the-studs remodel completed in 2019, this home boasts an open floor plan that's as chic as it is functional. The space is bathed in light, featuring gorgeous wide-plank French Oak floors that flow seamlessly from room to room, and custom closets that offer ample storage, a beautifully designed kitchen with abundant storage and a large central island with a drawer-microwave. The primary bedroom features generous closets and a luxurious en-suite bathroom with Porcelanosa tiles and a vanity. A 300+ square-foot patio with a motorized awning is the perfect space for al-fresco dining and relaxation. Top-rated Palo Alto schools, including Addison Elementary, Greene Middle School, and Palo Alto High School (Buyer to verify). Additional comforts include multi-zone Mitsubishi heating and cooling, two parking spaces in the gated underground garage, a building elevator, and a deeded storage unit. Proximate to the newly electrified Caltrain, ideal for commuting to San Francisco or San Jose. This home is a must-see!

Last Agent to Sell the Property

Adam Touni

Compass License #01880106 Listed on: 04/29/2025

Compass

Last Buyer's Agent

Colton Hoagland

Compass License #02160261

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,987

Year Built

  • Built in 1981

HOA Fees

  • $953 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Secured Garage or Parking

Interior Spaces

  • 1,485 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 120-61-025

Community Details

Overview

  • Association fees include insurance - common area, insurance - earthquake, maintenance - exterior
  • Common Interest Development Association
  • Built by Palo Alto Plaza

Additional Features

  • Community Storage Space
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,987

Year Built

Built in 1981

Lot Details

0

HOA Fees

$953 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 1485
  • Complex Name: Palo Alto Plaza
  • Year Built: 1981
  • Zoning Description: CDC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1485
  • Stories: 2
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Heat Pump, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 953
  • HOA Amenities: Additional Storage
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Insurance - Earthquake, Maintenance - Exterior
  • H O A Name Text: Common Interest Development
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-61-025

Green Features

  • Energy Features: Double Pane Windows

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
Apr 29, 2025
Closed on
Jul 7, 2025
Sold by
Adam Touni And Brittany Daniel Family Tr and Touni Adam
Bought by
Baysal-Alieva Family Trust and Baysal
Seller's Agent
Adam Touni
Compass
Buyer's Agent
Colton Hoagland
Compass
List Price
$2,200,000
Sold Price
$1,780,000
Premium/Discount to List
-$420,000
-19.09%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Nov 27, 2021
Sold by
Touni Adam and Touni Daniel Brittan
Bought by
Touni Adam and Touni Daniel Brittan

Purchase Details

Closed on
Nov 11, 2015
Sold by
Touni Adam
Bought by
Touni Adam M and Adam M Touni Revocable Trust

Purchase Details

Closed on
Jul 30, 2014
Sold by
Ellingson Charles L and Estate Of Patricia E Ellingson
Bought by
Touni Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2002
Sold by
Ellingson Charles and Ellingson Patricia
Bought by
Ellingson Charles L and Ellingson Patricia E

Purchase Details

Closed on
Jan 3, 1995
Sold by
Peters Colin
Bought by
Ellingson Stephen P and Ellingson Deanne L

Purchase Details

Closed on
Jul 20, 1994
Sold by
Peters Colin
Bought by
Ellingson Stephen P and Ellingson Deanne L

Purchase Details

Closed on
Feb 1, 1994
Sold by
Peters Colin
Bought by
Ellingson Patricia and Ellingson Mick

Purchase Details

Closed on
Sep 16, 1993
Sold by
Peters Colin
Bought by
Ellingson Mick and Ellingson Patricia
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 Type Sale Price Title Company
Grant Deed $1,780,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Deed -- Chauvel & Glatt Llp
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,380,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $966,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $1,780,000 -6.2% $1,199 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/06/2025 06/06/25 Price Changed $1,898,000 -5.0% $1,278 / Sq Ft
05/27/2025 05/27/25 Price Changed $1,998,000 -9.2% $1,345 / Sq Ft
04/29/2025 04/29/25 For Sale $2,200,000 -- $1,481 / 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 $19,987 $1,658,542 $829,271 $829,271
2024 $19,987 $1,626,022 $813,011 $813,011
2023 $19,691 $1,594,140 $797,070 $797,070
2022 $19,543 $1,562,884 $781,442 $781,442
2021 $19,159 $1,532,240 $766,120 $766,120
2020 $18,770 $1,516,530 $758,265 $758,265
2019 $18,561 $1,486,796 $743,398 $743,398
2018 $18,059 $1,457,644 $728,822 $728,822
2017 $17,742 $1,429,064 $714,532 $714,532
2016 $17,276 $1,401,044 $700,522 $700,522
2015 $17,024 $1,380,000 $690,000 $690,000
2014 $5,065 $367,327 $169,518 $197,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82003463

MLSListings

APN: 120-61-025