NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,747,000

2 Beds
2 Baths
1,313 Sq Ft
1,368 Sq Ft Lot

Last Sold December 12, 2018

Last sale price $1,500,000 $1,142 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,696/month

42 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Balcony
  • Addison Elementary School Rated A+
  • Garden View
  • 1 Car Detached Garage

About This Home

As of December 2018

Downtown living awaits at this rarely available complex just steps away from shops and restaurants.Ideally located on the ground level, this spacious 2-bedroom, 2-bath end unit condominium with wrap-around gardens that include front and rear patios feels more like a standalone home. Renovated from top to bottom~hardwood floors throughout, stainless steel kitchen appliances, refinished kitchen counters, freshly painted interiors and cabinets,and new lighting. In-unit laundry, an abundance of storage and 1-car garage parking add the finishing touches to this spacious home. Boasting excellent Palo Alto schools, it is perfect for growing families, along with those downsizing, or investors. Located on prestigious magnolia-lined University Avenue in the desirable Crescent Park neighborhood, with some of Palo Alto's finest estates, this is indeed a very special place to call home. Walk/bike to everything~ fine dining, cafe's, cinemas, Caltrain, Stanford University. Close to commuter routes.

Last Agent to Sell the Property

Supriya Gavande

Compass License #01856590 Listed on: 09/27/2018

Compass

Last Buyer's Agent

Ali Naimi

Compass License #01955531

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,239

Year Built

  • Built in 1958

Lot Details

  • Gated Home
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Property Views

  • Garden
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 003-02-078

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof, water
  • Villa Capri Aire Homeowners Association

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,239

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 1313
  • Year Built: 1958
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In
  • Living Sq Ft: 1313
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Composition
  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced
  • Fencing: Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 493
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Water
  • H O A Name Text: Villa Capri Aire Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-02-078
  • Lot Acres: 0.0314
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1368.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1368.00

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
Sep 27, 2018
Closed on
Dec 6, 2018
Sold by
Livi Johnson Lori Anderson and Livi Lori S Anderson Revocable
Bought by
Azimi Javad
Seller's Agent
Supriya Gavande
Compass
Buyer's Agent
Ali Naimi
Compass
List Price
$1,699,000
Sold Price
$1,500,000
Premium/Discount to List
-$199,000
-11.71%
Total Days on Market
42
Current Estimated Value
$1,609,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,600
Avg. Annual Appreciation
0.76%
Original Mortgage
$75,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2017
Sold by
Johnson Lori A and Johnson James R
Bought by
Johnson Lori Anderson

Purchase Details

Closed on
Nov 17, 2015
Sold by
Johnson Lori Anderson
Bought by
Johnson Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2012
Sold by
Johnson Lori Anderson and Anderson Lori S
Bought by
Johnson Lori Anderson

Purchase Details

Closed on
May 24, 2007
Sold by
Anderson Lori S
Bought by
Anderson Lori S

Purchase Details

Closed on
Jan 16, 1997
Sold by
Humphries Richard S and Humphries Sue P
Bought by
Anderson Lori S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.5%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Brees David I and Brees Janet L
Bought by
Humphries Richard S and Humphries Sue P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.27%
Source: Public Records

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Range of Values:

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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
Azimi Javad $1,500,000 Chicago Title Co
Johnson Lori Anderson -- None Available
Johnson Lori A -- Wfg Lender Services
Johnson Lori Anderson -- None Available
Anderson Lori S -- None Available
Anderson Lori S $282,500 Old Republic Title Company
Humphries Richard S $200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azimi Javad $200,000
Open Azimi Javad $1,234,900
Closed Azimi Javad $75,000
Closed Azimi Javad $1,200,000
Previous Owner Johnson Lori A $343,000
Previous Owner Johnson Lori Anderson $350,000
Previous Owner Anderson Lori S $100,000
Previous Owner Anderson Lori S $248,500
Previous Owner Anderson Lori S $240,000
Previous Owner Anderson Lori S $252,000
Previous Owner Anderson Lori S $214,600
Previous Owner Humphries Richard S $100,000
Closed Anderson Lori S $37,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $1,500,000 -6.1% $1,142 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $1,598,000 -5.9% $1,217 / Sq Ft
09/27/2018 09/27/18 For Sale $1,699,000 -- $1,294 / 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 $20,239 $1,640,466 $820,233 $820,233
2023 $20,239 $1,608,300 $804,150 $804,150
2022 $19,708 $1,576,766 $788,383 $788,383
2021 $19,321 $1,545,850 $772,925 $772,925
2020 $18,928 $1,530,000 $765,000 $765,000
2019 $18,717 $1,500,000 $750,000 $750,000
2018 $5,659 $404,351 $202,103 $202,248
2017 $5,559 $396,424 $198,141 $198,283
2016 $5,408 $388,652 $194,256 $194,396
2015 $5,268 $382,815 $191,339 $191,476
2014 $5,077 $375,317 $187,591 $187,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81725340

MLSListings

APN: 003-02-078