$1,575,000
SOLD OCT 16, 2014
2 Beds
2 Baths
1,187 Sq Ft
1,786 Sq Ft Lot

Recently Sold

$1,327 Per Sq Ft

22% Above List Price

1 Day on Market

Highlights

  • Contemporary Architecture
  • Living Room with Fireplace
  • Community Pool
  • Addison Elementary School Rated A+
  • Wood Flooring
  • 2-minute walk to Heritage Park

About This Home

As of December 2023

Rarely available 2 bedroom, 2 bath condo in the heart of downtown Palo Alto. Strikingly remodeled corner unit features hardwood floors and a dramatic, contemporary fireplace. Kitchen has sleek granite counters, crisp white cabinets, stainless steel appliances and Bosch washer/dryer. Private patio, 2 parking spaces, extra storage. Lovely pool and gardens in front courtyard.

Last Agent to Sell the Property

Mandy Montoya

Compass License #01911643 Listed on: 10/09/2014

Compass

Last Buyer's Agent

Richard Schoelerman

Coldwell Banker Realty License #01413607

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,883

Year Built

  • Built in 1977

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 120-48-005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - earthquake, insurance - liability
  • The Manor Association

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,883

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Restrictions
  • Age: 37
  • Sale Price Per Sq Ft: 1326.87
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 1187
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 4
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J4
  • Year Built: 1977
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

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 Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1187
  • Stories: 1
  • Security: Security Features, Security Gate
  • Laundry: Dryer, Washer
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay, Tar and Gravel

Garage/Parking

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

Utilities

  • Heating System: Baseboard

Condo/Co-op/Association

  • HOA Fees: 600
  • HOA Amenities: Additional Storage, Elevator, Community Pool
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability
  • H O A Name Text: The Manor Association
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-48-005
  • List Price per Sq Ft: 1090.99
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1801.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1801.00
  • Lot Size Area Min Search: 1801.00
  • Maximum Lot Size: 1801.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 13, 2023
Sold by
George Scott Weikart Recovable Trust
Bought by
Pentland Alex Paul and Heibeck Tracy Hope
Seller's Agent
Jenny Wan-Mernyk
eXp Realty of California Inc
Buyer's Agent
Melanie Yu
Redfin
List Price
$1,555,000
Sold Price
$1,525,000
Premium/Discount to List
-$30,000
-1.93%
Total Days on Market
1
Views
85
Current Estimated Value
$1,685,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,954
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Mar 16, 2023
Closed on
Mar 30, 2023
Sold by
2014 Griffith Family Trust
Bought by
George Scott Weikart Revocable Trust
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Melinda Wedemeyer
eXp Realty of California Inc
List Price
$1,495,000
Sold Price
$1,650,000
Premium/Discount to List
$155,000
10.37%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.64%

Purchase Details

Listed on
Oct 9, 2014
Closed on
Oct 20, 2014
Sold by
Griffith Michael J and Griffith Mary E
Bought by
2014 Griffith Family Trust and Griffith Mary E
Seller's Agent
Mandy Montoya
Compass
Buyer's Agent
Richard Schoelerman
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,575,000
Premium/Discount to List
$280,000
21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%

Purchase Details

Listed on
Oct 9, 2014
Closed on
Oct 14, 2014
Sold by
Drazovich Eleanor R and Drazovich Robert
Bought by
Driffith Mike
Seller's Agent
Mandy Montoya
Compass
Buyer's Agent
Richard Schoelerman
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,575,000
Premium/Discount to List
$280,000
21.62%

Purchase Details

Closed on
Mar 19, 2008
Sold by
Drazovich Eleanor R
Bought by
Drazovich Eleanor R and Drazovich Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Drazovich Eleanor R
Bought by
Drazovich Eleanor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Black Lora Jeanne
Bought by
Drazovich John and Drazovich Eleanor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.75%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Black Lora Jeanne
Bought by
Black Lora Jeanne

Purchase Details

Closed on
Oct 16, 1998
Sold by
Becker Florence E Trust and Jeanne Lora
Bought by
Black Lora Jeanne

Purchase Details

Closed on
Dec 26, 1995
Sold by
Becker Florence E
Bought by
Black Lora Jeanne

Purchase Details

Closed on
Sep 15, 1995
Sold by
Becker Florence E
Bought by
Black Lora Jeanne
Source: Public Records

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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 $1,525,000 Lawyers Title Company
Grant Deed $1,650,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,574,750 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer $264,000 Commonwealth Land Title
Interfamily Deed Transfer $264,000 Commonwealth Land Title
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,900 New Conventional
Previous Owner $395,000 Purchase Money Mortgage
Previous Owner $380,000 New Conventional
Previous Owner $355,000 Negative Amortization
Previous Owner $350,000 No Value Available
Closed $172,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $1,525,000 -1.9% $1,253 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,555,000 -5.8% $1,278 / Sq Ft
04/07/2023 04/07/23 Sold $1,650,000 +10.4% $1,390 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,495,000 -5.1% $1,259 / Sq Ft
10/16/2014 10/16/14 Sold $1,575,000 +21.6% $1,327 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $1,295,000 -- $1,091 / 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
2024 $18,883 $1,525,000 $762,500 $762,500
2023 $19,193 $1,545,000 $772,500 $772,500
2022 $22,172 $1,783,728 $891,864 $891,864
2021 $21,736 $1,748,754 $874,377 $874,377
2020 $21,292 $1,730,824 $865,412 $865,412
2019 $21,056 $1,696,888 $848,444 $848,444
2018 $20,484 $1,663,616 $831,808 $831,808
2017 $20,125 $1,630,998 $815,499 $815,499
2016 $19,596 $1,599,018 $799,509 $799,509
2015 $19,405 $1,575,000 $787,500 $787,500
2014 $8,102 $677,946 $338,973 $338,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81436591

MLSListings

APN: 120-48-005