3224 Emerson St, Palo Alto, CA 94306

3 beds1 bath1,027 sqft Edit

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Sold: $1,628,000
Sold on 11/21/13
Zestimate®: $1,428,914
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My Notes

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www.3224Emerson.com Located in the desirable Palo Alto Midtown neighborhood, close to all main arteries and within 2 to 3 miles from Stanford, this property is approximately 60 years old & offers a 1,000+ sq.ft. house on a lot of 6,250 square feet - 50 x 125 - per RealQuest. The house is in very original condition.
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?
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Facts

  • Lot: 6,249 sqft
  • Single Family
  • Built in 1950
  • Last sold: Nov 2013 for $1,628,000
  • Last sale price/sqft: $1,585

Features

  • Parking: 380 sqft

      Construction

      • Construction quality: 6.0
      • Room count: 5
      • Stories: 1
      • Structure type: Bungalow
      • Unit count: 1

      Other

      • Floor size: 1,027 sqft
      • Last remodel year: 1950
      • Lot depth: 125
      • Lot width: 50
      • Parcel #: 13227064
      • Zillow Home ID: 19503208

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      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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      $1,428,914
      +$46,614 Last 30 days
      $1.24M
      $1.60M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      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
      $3,961/mo
      +$107 Last 30 days
      $2.8K
      $4.4K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

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      2,048 all-time views
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      192 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $1.0-1.0M.

      $990K
      $1.99M
       

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      Neighborhood

      Market guide

      Zillow 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

        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