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Crescent Park was farmland owned by Dr. William Newell. Newell planted some of the first Australian eucalyptus trees in America in Crescent Park. In 1867, Leland Stanford purchased approximately 740 acres of the Newell farmland for the university town of Palo Alto. From 1906 to mid 1920s, there was a streetcar that ran down University Avenue that gave the neighborhood access to downtown and the University. Stanford University was the major employer at that time. Crescent Park got its name because a couple of streets were crescent moon-shaped, and had been configured to fit the shape of the San Francisquito Creek. Additions to the area occurred in 1928, when a 31-acre lot along the creek to Newell Road was added, and in the late 1940s after World War II.
- Lot: 7,316 sqft
- Single Family
- Built in 1940
- Last sold: Jun 2009 for $2,837,000
- Parking: 360 sqft
- Construction quality: 8.0
- Room count: 8
- # Stories: 2.0
- Structure type: Cape cod
- Unit count: 1
- Floor size: 2,703 sqft
- Last remodel year: 2002
- Lot depth: 118
- Lot width: 62
- Parcel #: 00322028
- Zillow Home ID: 19467677
The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table
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Popularity on Zillow
Homes like this sold for $3.0-4.0M.
Market guideZillow predicts Crescent Park home values will increase 6.2% next year, compared to a 6.7% increase for Palo Alto as a whole. Among Crescent Park homes, this home is valued 5.4% more than the midpoint (median) home, but is valued 5.2% less per square foot.
Foreclosures will be a factor impacting home values in the next several years. In Crescent Park, the number of foreclosures waiting to be sold is 15.6% less than in Palo Alto, and 36.5% less than the national average. This lower local number could help Crescent Park home values rise more quickly than other regions in Palo Alto.
Learn more about forecast calculations or Crescent Park home values.
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Nearby Schools in Palo Alto
GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.
Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.
Data by GreatSchools.org
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