NOT LISTED FOR SALE

Estimated Value: $1,189,000 - $1,315,000

2 Beds
2 Baths
1,135 Sq Ft
$628/mo HOA Fee

Last Sold December 02, 2022

Last sale price $1,125,000 $991 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,486/month

14 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Traditional Architecture
  • Escondido Elementary School Rated A+
  • Deck
  • 3-minute walk to Sarah Wallis Park

About This Home

As of December 2022

Traditional sought after building in the heart of Palo Alto. Elegant, spacious 2 bedroom/2bath condo. Secured entry and parking. Located in the back of the building. Comfortable living room with cozy gas fireplace. Fresh paint, large storage room, Same owner for the past 33 years, nicely updated over the years. This move-in ready property will surprise you and worth a visit. Walking distance to California Avenue business district, many excellent restaurants, coffee shops, Molly Stones, and farmer's market every Sunday. Easy access to all commuting routes, free shuttle to Stanford or CalTrain to San Francisco.

Last Agent to Sell the Property

Geraldine Asmus

Intero Real Estate Services License #01328160 Listed on: 10/20/2022

Intero Real Estate Services

Last Buyer's Agent

Don Yarkin

Yarkin Realty License #00673086

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,368

Year Built

  • Built in 1977

Lot Details

  • Gated Home
  • Sprinklers on Timer

HOA Fees

  • $628 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Lighted Parking
  • Garage Door Opener
  • On-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,135 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Laundry in unit
  • Neighborhood Views
  • Security Lights

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Baseboard Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 132-54-012

Community Details

Overview

  • Association fees include common area gas, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - liability, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, security service, water / sewer
  • 51 Units
  • Community Association Manager Association
  • Built by Common Interest Mgmt Services

Amenities

  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Building Fire Escape
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,368

Year Built

Built in 1977

Lot Details

0

HOA Fees

$628 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Restrictions: Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Number Restrictions, Pets - Rules
  • Age: 45
  • Listing Class: Residential
  • Maximum Unit Floor Number: 113
  • Max Numberof Unitsin Building: 51
  • Min Numberof Unitsin Complex: 51
  • Structure Sq Ft: 1135
  • Complex Name: Common Interest Mgmt Services
  • Incorporated: Yes
  • Year Built: 1977
  • Zoning Description: RM5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1135
  • Stories: 1
  • Security: Fire Alarm, Fire Escape, Fire System - Sprinkler, Security Lights
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside
  • Flooring: Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground, Spa - In Ground
  • Roof: Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Gate
  • Construction Type: Concrete, Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Gate / Door Opener, Lighted Parking Area, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 628
  • HOA Amenities: Additional Storage, Community Pool, Community Security Gate, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Gas, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Roof, Security Service, Water / Sewer
  • H O A Name Text: Community Association Manager
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-54-012

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Escondido Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 7, 2022
Sold by
Cheryl Ramona Kentera 2022 Trust
Bought by
Nagari Harshitha and Sharma Shivank
Seller's Agent
Geraldine Asmus
Intero Real Estate Services
Buyer's Agent
Don Yarkin
Yarkin Realty
List Price
$1,125,000
Sold Price
$1,125,000
Views
8
Current Estimated Value
$1,256,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,255
Avg. Annual Appreciation
3.95%
Original Mortgage
$900,000
Outstanding Balance
$867,307
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$388,948

Purchase Details

Closed on
Aug 31, 2022
Sold by
Unknown
Bought by
Cheryl Ramona Kentera 2022 Trust
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 Buyer Sale Price Title Company
Nagari Harshitha $1,125,000 Orange Coast Title
Cheryl Ramona Kentera 2022 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagari Harshitha $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $1,125,000 0.0% $991 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $1,125,000 -- $991 / 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 $14,368 $1,170,450 $585,225 $585,225
2024 $14,368 $1,147,500 $573,750 $573,750
2023 $14,153 $1,125,000 $562,500 $562,500
2022 $4,790 $330,646 $115,808 $214,838
2021 $4,694 $324,164 $113,538 $210,626
2020 $4,612 $320,841 $112,374 $208,467
2019 $4,555 $314,551 $110,171 $204,380
2018 $4,447 $308,384 $108,011 $200,373
2017 $4,367 $302,339 $105,894 $196,445
2016 $4,246 $296,412 $103,818 $192,594
2015 $4,197 $291,961 $102,259 $189,702
2014 $4,023 $286,242 $100,256 $185,986
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81910993

MLSListings

APN: 132-54-012