NOT LISTED FOR SALE

Estimated Value: $1,912,000 - $2,154,000

4 Beds
2 Baths
1,662 Sq Ft
$1,212/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Open to Family Room
  • Washer and Dryer
  • Addison Elementary School Rated A+
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of September 2020

Location! Location!-Prime Downtown Palo Alto rarely available 4 bedroom immaculate condition first floor condo in exceptional building. Walk across the street to Whole Foods and close to shops, restaurants and University Ave. Stunning 4 bedroom, 2 bath, open-concept great room with designer hardwood floors. Slick modern kitchen with granite counter tops, maple cabinetry, stainless steel Viking appliances including gas range and oversized refrigerator. Luxurious master suite with custom window coverings, generous walk-in closet and exceptional beautifully appointed bathroom. 3 additional well proportioned bedrooms. Washer/dryer area, two patios amidst beautifully maintained landscaped courtyards. Rarely available gated underground parking with two dedicated spots. Experience the vibrancy of living in downtown Palo Alto, newer well maintained building, excellent schools, close to Stanford University.

Last Agent to Rent the Property

Judy Citron

Compass License #01825569 Listed on: 09/02/2020

Compass

Last Renter's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,907

Year Built

  • 2006

Lot Details

  • 1,485

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Electric Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1,485 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $4,950
  • Property Available on 9/2/20
  • Rent includes sewer, trash removal, water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,907

Year Built

2006

Lot Details

0

Parking

2

Rental Info

  • Available: 09/02/2020
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 12
  • Rent Includes: Sewer, Trash Removal, Water
  • Security Deposit: 4950

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 14
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1662
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2006

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1662
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Covered Parking, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0341
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1487.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2018
Sold by
Peterson Curtis S and Stublarec Lea
Bought by
Peterson Curtis S and Stublarec Lea
Current Estimated Value
$2,014,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,416,430
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
-$1,353,271

Purchase Details

Closed on
Nov 16, 2006
Sold by
Peterson Curtis and Stublarec Lea
Bought by
Peterson Curtis and Stublarec Lea

Purchase Details

Closed on
Jan 6, 2006
Sold by
Palo Alto High Street Partners Llc
Bought by
Peterson Curtis and Stublarec Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,338
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterson Curtis S -- Fidelity National Title
Peterson Curtis -- Old Republic Title Company
Peterson Curtis $1,033,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Curtis S $4,000,000
Previous Owner Peterson Curtis $826,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Rented $4,950 0.0% --
09/07/2020 09/07/20 Under Contract -- -- --
09/02/2020 09/02/20 For Rent $4,950 -28.8% --
08/31/2018 08/31/18 Rented $6,950 0.0% --
08/27/2018 08/27/18 Under Contract -- -- --
08/14/2018 08/14/18 Price Changed $6,950 -7.3% $4 / Sq Ft
08/08/2018 08/08/18 For Rent $7,500 -- --
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 $16,907 $1,383,882 $689,985 $693,897
2024 $16,907 $1,356,748 $676,456 $680,292
2023 $16,657 $1,330,146 $663,193 $666,953
2022 $16,461 $1,304,066 $650,190 $653,876
2021 $16,138 $1,278,497 $637,442 $641,055
2020 $15,813 $1,265,388 $630,906 $634,482
2019 $15,636 $1,240,578 $618,536 $622,042
2018 $15,217 $1,216,254 $606,408 $609,846
2017 $14,950 $1,192,407 $594,518 $597,889
2016 $14,556 $1,169,027 $582,861 $586,166
2015 $14,412 $1,151,468 $574,106 $577,362
2014 $14,075 $1,128,914 $562,861 $566,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81808837

MLSListings

APN: 120-71-004