Rarely available lot in this area of town, this presents a unique opportunity to remodel or build new, with an attractive appreciation factor in mind. The current house offers 3 bedrooms and 1 bathroom with a large 2-car garage, with wood floors and walls of glass, bringing in the views of the backyard and courtyard. The front and back yards offer a mature vegetation which includes an impressive redwood tree, a palm tree and rose bushes?
Schools, subject to attendance of course, are El Carmelo, JLS and Gunn High School - buyers to verify.
Recent independent appraisal came in at $1.45 million. Builders, contractors, land developers, this is the property you?ve been waiting for in Palo Alto! Come and give a new life to such a happy home for so long filled with wonderful memories?
- Lot: 6,249 sqft
- Single Family
- Built in 1950
- Last sold: Nov 2013 for $1,628,000
- Last sale price/sqft: $1,585
- Parking: 380 sqft
- Construction quality: 6.0
- Room count: 5
- Stories: 1
- Structure type: Bungalow
- Unit count: 1
- Floor size: 1,027 sqft
- Last remodel year: 1950
- Lot depth: 125
- Lot width: 50
- Parcel #: 13227064
- Zillow Home ID: 19503208
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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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
Popularity on Zillow
Homes like this sold for $1.0-1.0M.
Market guideZillow predicts South of Midtown home values will increase 5.6% next year, compared to a 6% rise for Palo Alto as a whole. Among South of Midtown homes, this home is valued 31.5% less than the midpoint (median) home, but is valued 21.4% more per square foot.
Foreclosures will be a factor impacting home values in the next several years. In South of Midtown, the number of foreclosures waiting to be sold is 10.7% lower than in Palo Alto, and 37.3% less than the national average. This lower local number could help South of Midtown home values rise more quickly than other regions in Palo Alto.
Learn more about forecast calculations or South of Midtown home values.
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Nearby Schools in Palo Alto
Data by GreatSchools.org
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