$1,000,000
SOLD SEP 13, 2022
2 Beds
2 Baths
1,111 Sq Ft
$1,203/mo HOA Fee

Recently Sold

$900 Per Sq Ft

10 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Addison Elementary School Rated A+
  • Private Pool
  • 1-minute walk to El Palo Alto Park

About This Home

As of September 2022

Imagine every day feeling as though you are vacationing at a resort within a few short blocks of downtown University Avenue, CalTrain, Stanford Shopping center, and Stanford Hospital and a nearby park*Facing Stanford on 5th floor overlooking the pool and common area*Recently painted interior & new flooring*Potential to add value by enclosing the balcony area*Primary bedroom has spacious walk-in closet adjoining the bathroom*Each bedroom with adjoining bath is separated by living area for maximum privacy*HOA dues include- water, garbage, sewer, parking, reserve funds, exterior maintenance, common areas and more*Amenities include-24 hr. security staffing, concierge service, storage locker, exercise room, resort style heated pool with cabana seating, party pavilion with kitchen facilities, BBQ and picnic facilities, meeting rooms, Shuffle board court, laundry facilities close to this unit, two elevators, underground secure parking garage, and your personal storage locker*

Last Agent to Sell the Property

Joanne Fraser

Compass License #00610923

Compass

Last Buyer's Agent

Anita Gat

Keller Williams Palo Alto License #01912656

Keller Williams Palo Alto

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,871

Year Built

  • 1960

HOA Fees

  • $1,203 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Private Pool

Utilities

  • Central Air
  • Separate Meters
  • 220 Volts

Community Details

Overview

  • Association fees include common area electricity, door person, exterior painting, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, security service, water / sewer
  • 101 Units
  • Palo Alto Condominium Association
  • The community has rules related to parking rules

Amenities

  • Concierge
  • Doorman
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,871

Year Built

1960

Lot Details

0

HOA Fees

$1,203 per month

Parking

1

Listing Details

  • Zoning: PC
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Allowed, Pets - Number Restrictions
  • Age: 62
  • Listing Class: Residential
  • Maximum Unit Floor Number: 5
  • Max Numberof Unitsin Building: 101
  • Min Numberof Unitsin Complex: 101
  • Structure Sq Ft: 1111
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1960

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L"
  • Kitchen: 220 Volt Outlet, Dishwasher, Oven Range - Electric
  • Living Sq Ft: 1111
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Walk-In Closet
  • Laundry: Community Facility
  • Flooring: Concrete, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower And Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Guest / Visitor Parking, Parking Restrictions

Utilities

  • Cooling System: Central Ac
  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: The Palo Alto
  • HOA Fees: 1203
  • HOA Amenities: Additional Storage, Bbq Area, Community Pool, Community Security Gate, Concierge, Door Person, Elevator, Gym / Exercise Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Door Person, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Security Service, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Palo Alto Condominium

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Palo Alto Unified

Multi Family

  • Utilities: Individual Electric Meters
  • Maximum Building Height: 12
  • Minimum Building Height: 12
  • Unit Features: Unit Faces Street

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $1,000,000 0.0% $900 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $1,000,000 -- $900 / Sq Ft
Source: MLSListings

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
2023 $12,871 $1,000,000 $500,000 $500,000
2022 $8,278 $616,612 $184,977 $431,635
2021 $8,115 $604,522 $181,350 $423,172
2020 $7,961 $598,324 $179,491 $418,833
2019 $7,869 $586,593 $175,972 $410,621
2018 $7,669 $575,092 $172,522 $402,570
2017 $7,534 $563,817 $169,140 $394,677
2016 $7,332 $552,763 $165,824 $386,939
2015 $7,256 $544,461 $163,334 $381,127
2014 $6,952 $533,797 $160,135 $373,662
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,000,000 --
Interfamily Deed Transfer -- None Available
Grant Deed $485,000 Fidelity National Title Ins
Interfamily Deed Transfer -- --
Grant Deed $219,000 Old Republic Title Company
Source: Public Records

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Source: MLSListings

MLS Number: ML81904028

MLSListings

APN: 120-39-039