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628 Forest Ave, Palo Alto, CA 94301

8,430 sqft
Sold: $3,175,000
Sold on 09/06/12
Zestimate®: $5,411,802
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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

My Notes
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Locaton of a life time.Amazing location walking distance to down town Palo Alto. Tremendous unit mix.1 3 bedroom 2bath and 6 2bed 2bath units. 5 units have in unit laundry. Private patios, private backyard and balcony's for tenants. Some long term tenants, some units have room to raise the rents.Prime building in the most prestigous location Palo Alto has to offer Property Information © 2012 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. Brokered And Advertised By: Anthony Peterson, Broker Listing Agent: Anthony Peterson
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Facts
  • Lot: 0.29 acres
  • Multi Family
  • Built in 1959
  • Last sold: Sep 2012 for $3,175,000
  • Price/sqft: $377
Features
  • Elevator
  • Fireplace
Construction
  • Construction quality: 8.0
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 7
Other
  • Floor size: 8,430 sqft
  • Last remodel year: 1959
  • Parcel #: 12004045
  • Zillow Home ID: 82957878
Home Values
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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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$5,411,802
+$899,084 Last 30 daysd
$3.95M
$7.04M
Zestimate range
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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
$5,617/mo
+$124 Last 30 daysd
$2.3K
$8.7K
Zestimate range

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Neighborhood for 628 Forest Avenue

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Zillow predicts University South home values will increase 9.7% next year, compared to a 7% increase for Palo Alto as a whole. Among University South homes, this home is valued 199.7% more than the midpoint (median) home, but is valued 66% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the University South market, the number of foreclosures waiting to be sold fell 0.1% in the last year. The number of unsold foreclosures is 58.3% lower than in San Jose Metro, and 85.1% less than the national average. This lower local number could help University South home values rise more quickly than other regions in San Jose Metro.

Learn more about forecast calculations or University South home values.
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