$1,192,709 - $1,624,000
RENTED APR 5, 2025
2 Beds
2 Baths
1,280 Sq Ft
1,307 Sq Ft Lot

Highlights

  • Updated Kitchen
  • Wood Flooring
  • End Unit
  • Addison Elementary School Rated A+
  • Park or Greenbelt View
  • Corner Lot

About This Home

As of April 2025

Discover this bright and spacious corner unit, ideally located just two blocks from downtown Palo Alto. Enjoy the convenience of being steps away from renowned shops, restaurants, Whole Foods Market, movie theaters, and charming cafes along University Avenue. A short distance connects you to Palo Alto Caltrain, Palo Alto Medical Foundation, and Stanford University. The open-concept living room and master bedroom both feature wide patio windows that open onto two expansive private balconies, offering lush green views. Recently remodeled, the gourmet kitchen boasts high-end appliances and sleek dark maple cabinetry, perfect for culinary enthusiasts. The unit also includes recessed lighting throughout the living spaces, enhancing the modern feel.Relax in the luxurious, fully remodeled master bath with a rain shower and a soaking tub for ultimate comfort. Storage abounds with wall-to-wall closets in both bedrooms, two coat closets, a built-in linen cabinet, dresser, and bookcase, ensuring everything has its place.At 1,280 square feet, this well-laid-out unit includes a generously sized primary bedroom and bath, full-size in-unit washer and dryer, and access to a free laundry room with multiple machines. Single car garage included as well.

Last Agent to Rent the Property

Robin Young

Compass License #01162115 Listed on: 02/26/2025

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1958

Lot Details

  • 1,307

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 1-Story Property
  • Park or Greenbelt Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • End Unit
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 36 Units
  • Bay East Association
  • Palo Alto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00302060

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,471

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1958
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.03
  • Subdivision Name: PALO ALTO
  • Directions: GPS
  • Architectural Style: None
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Counter - Solid Surface, Stone Counters, Upgraded Kitchen, No Additional Rooms
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Solid Surface, Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Range/Oven Free Standing, Refrigerator, Upgraded Kitchen

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: Greenbelt
  • View: Yes
  • Common Walls: End Unit
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area, Unit Faces Street, No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Utilities: Cable Available, Natural Gas Connected
  • Cooling: Central Air
  • Laundry Features: Dryer, Laundry Closet, Laundry Room, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 1368
  • Parcel Number: 00302060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2003
Sold by
Bhan Juhi
Bought by
Lal Neerad
Current Estimated Value
$1,435,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1997
Sold by
Cosgrove Beatrice M Trust and Backhouse Christine
Bought by
Lal Neerad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,300
Interest Rate
7.58%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Cosgrove Beatrice M
Bought by
Cosgrove Beatrice and Henderson Robert

Purchase Details

Closed on
Jul 15, 1996
Sold by
Cosgrove Beatrice Mary
Bought by
Cupertino National Bank and M A Nelson Ira
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lal Neerad -- Alliance Title Company
Lal Neerad $299,000 Chicago Title Co
Cosgrove Beatrice -- --
Cupertino National Bank $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakhu Neerad L $400,000
Closed Hakhu Neerad L $450,480
Closed Lal Neerad $200,000
Closed Lal Neerad $209,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Rented $3,900 0.0% --
03/04/2025 03/04/25 Under Contract -- -- --
02/26/2025 02/26/25 For Rent $3,900 0.0% --
02/04/2025 02/04/25 Off Market $3,900 -- --
12/03/2024 12/03/24 Rented $3,900 0.0% --
10/24/2024 10/24/24 Under Contract -- -- --
10/19/2024 10/19/24 For Rent $3,900 -- --
Source: Bay East Association of REALTORS®

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 $6,471 $477,402 $238,701 $238,701
2024 $6,471 $468,042 $234,021 $234,021
2023 $6,471 $458,866 $229,433 $229,433
2022 $6,210 $449,870 $224,935 $224,935
2021 $6,086 $441,050 $220,525 $220,525
2020 $5,974 $436,528 $218,264 $218,264
2019 $5,902 $427,970 $213,985 $213,985
2018 $5,756 $419,580 $209,790 $209,790
2017 $5,653 $411,354 $205,677 $205,677
2016 $5,499 $403,290 $201,645 $201,645
2015 $5,438 $397,234 $198,617 $198,617
2014 $5,244 $389,454 $194,727 $194,727
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 41087287

Bay East Association of REALTORS®

APN: 003-02-060