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62 Pearce Mitchell Pl #62, Stanford, CA, 94305

2beds
1baths
1,010sqft
$525,000
$520price/sqft
$3,404/moest. monthly cost
$136,160/yrincome needed

About This Home

Enviably located in the heart of Stanford this updated and light-filled condominium is just 2 blocks fromcampus facilities and minutes away convenience to downtown Palo Alto . The Sophisticated design is characterized byt glowing wood cabinetry and tile flooring whilc large windows let in lots of light and frame leafy views.The second floor unit is situated on a rree lined street and well positioned in the sought-after complex with easy access to the club house and swimming pool. Giving a bright spacious feel the open concept living/dinind area featrues a sliding glass door to a deck which is perfect for outdoor dining or realxing with morning coffee. Truly a showcase of the home , the updated kitchen coordinates cherry wod cabinets with charcoal colored durable Dekton counter tops. There are 2 spacuious bedrooms and a hall bath with a convvenient additional sink in the hallway. This home provides a tranquil setting , nearby shopping ,cultural attaractions and top-rated Palo Alto schools. Available ONLY to qualified Stanford faculty

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

9/10
Ellen Fletcher MiddleGrades 6-82.5 mi
10/10
Henry M. Gunn High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Electric Cooktop,Microwave,Electric Oven,Refrigerator,Washer/Dryer

Bathroom

  • Features: ShoweroverTub1

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • Flooring: Tile
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Individual Room Controls
  • Cooling features: None

Interior Area

  • Total structure area: 1,010
  • Total interior livable area: 1,010 sqft

Kitchen

  • Features: Countertop_Stone

Property

Details

  • Parcel number: 14224062
  • Zoning: R1S
  • Special condition: NoticeOfDefault

Features

  • Stories: 1
  • Pool features: Community,In Ground
  • Patio & porch: Balcony/Patio

Lot

  • Features: Mostly Level

Parking

  • Total spaces: 1
  • Parking features: Carport,Guest
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$55$660
Property Taxes $297$3,564
Electricity $398$4,786
Total$3,404$40,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,708/yr
40% on housing$102,120/yr
45% on housing$90,773/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$520This listing

vs Other Active Listings

Avg $/sqft

ZIP 94305$826
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 94305$1,221
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$525,000

For Sale by Agent

AgentPamela Culp
BrokerageCompass

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