Property Overview:
435 Sheridan Ave, Apt 203 is a condominium unit in Palo Alto, CA, built in 2000. It features 3 bedrooms, 2 bathrooms, and 1,948 sq. ft. of living space. The home includes a parking garage, forced air heating and cooling, and is currently valued at approximately $2,083,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (lower than state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include El Carmelo Elementary, Frank S. Greene Jr. Middle, Palo Alto High, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (higher than state average of 975).
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Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,332 (18% growth since 2000).
- 56% families with children.
- Largest age group: 45-54 years (16.92%), followed by 35-44 years (14.54%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Fabulous 2nd floor end-unit in the prestigious Silverwood community near California Ave.
- No shared walls with neighbors; 10-foot ceilings and open floor plan.
- Living & Dining Room: 2-way gas-log fireplace, opens to a private balcony.
- Gourmet kitchen: Stone countertops, Bosch dishwasher, GE refrigerator, ovens, gas cooktop, pull-out shelves, and lazy susan.
- Primary suite: En-suite bath, walk-in closet with custom organizer, dual sink vanity, shower, and soaking tub.
- All bedrooms are spacious; in-unit washer/dryer.
- 2 assigned underground parking spaces, dedicated storage unit, and guest parking.
- Community amenities: Quaint courtyard, reservable club room, small gym, and elevator access.
- No pets, non-smoking, minimum 1-year lease.
- Tenant responsible for electric and sewer.
Location Benefits:
- Prime location: Steps to California Ave. financial district, upscale restaurants, grocery stores, Sunday farmer’s market, Caltrain, and free shuttle to Stanford.
- Top-rated Palo Alto schools (Escondido Elementary, Greene Middle, Palo Alto High; tenants to verify enrollment).
- Urban living with privacy and easy commute access to major routes and Stanford.
- Walkable neighborhood with vibrant amenities and community atmosphere.