Modern design elements and a welcoming ambiance combine to create an unmatched living experience in this 5-bedroom home that enjoys a location within walking distance of outstanding shopping, dining, parks, and commute options. Built in 2012, this tri-level residence enjoys nearly 3,200 sf of living space filled with sleek amenities and warm appointments. Open-concept gathering areas, multifunctional spaces, comfortable bedrooms, and potential in-law quarters offer tremendous flexibility, while the peaceful backyard retreat provides the perfect venue to enjoy outdoor entertaining and relaxation. Many of Palo Altos most sought-after destinations are just a short walk away, including the shops and restaurants of California Avenue, Peers Park and Jerry Bowden Park, world-renowned Stanford University, and a convenient Caltrain station. Plus, children may walk or bike to top-ranked schools including Escondido Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).
Sold for $4,000,000
$4,000,000
121 Park Ave, Palo Alto, CA 94306
5beds
3,183sqft
Single Family Residence, Residential
Built in 2012
5,000 Square Feet Lot
$4,383,900 Zestimate®
$1,257/sqft
$8,569 Estimated rent
Home value
$4,383,900
$4.03M - $4.78M
$8,569/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
DeLeon Team 70010006 650-900-7000,
Deleon Realty 650-543-8500
Bought with:
DeLeon Team, 70010006
Deleon Realty
Source: MLSListings Inc,MLS#: ML81933196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Basement, Bonus Room, Office, Utility Room
Bedroom
- Features: WalkinCloset
Bathroom
- Features: Bidet, DoubleSinks, PrimaryStallShowers, Other, ShoweroverTub1, Skylight, SolidSurface, StallShower2plus, Tile, HalfonGroundFloor
Dining room
- Features: BreakfastBar, BreakfastNook, DiningBar, EatinKitchen, NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Kitchen
- Features: _220VoltOutlet, Countertop_Granite, Countertop_Other, Island
Heating
- Central Forced Air Gas, 2 plus Zones
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Disposal, Range Hood, Ice Maker, Microwave, Other, Self Cleaning Oven, Gas Oven/Range, Refrigerator, Wine Refrigerator, Dryer, Washer
- Laundry: Other, Upper Floor, Inside
Features
- High Ceilings, One Or More Skylights, Walk-In Closet(s)
- Flooring: Tile, Wood
- Basement: Finished
Interior area
- Total structure area: 3,183
- Total interior livable area: 3,183 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage Door Opener, On Street, Parking Restrictions, Tandem
- Garage spaces: 1
Features
- Stories: 3
- Patio & porch: Balcony/Patio, Deck
- Exterior features: Back Yard, Fenced
- Fencing: Perimeter,Gate,Wood
Lot
- Size: 5,000 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: 12425059
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Flat
Condition
- New construction: No
- Year built: 2012
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,257/sqft
- Tax assessed value: $4,080,000
- Annual tax amount: $49,970
- Date on market: 7/5/2023
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2024 | Sold | $4,000,000-4.5%$1,257/sqft |
Source:  MLSListings Inc #ML81933196 Report a problem | ||
| 12/6/2023 | Pending sale | $4,188,000$1,316/sqft |
Source: MLSListings Inc #ML81933196 Report a problem | ||
| 10/18/2023 | Price change | $4,188,000-2.3%$1,316/sqft |
Source: MLSListings Inc #ML81933196 Report a problem | ||
| 8/11/2023 | Price change | $4,288,000-4.5%$1,347/sqft |
Source: MLSListings Inc #ML81933196 Report a problem | ||
| 7/5/2023 | Listed for sale | $4,488,000+15.1%$1,410/sqft |
Source: MLSListings Inc #ML81933196 Report a problem | ||
| 3/8/2018 | Sold | $3,900,000-2.2%$1,225/sqft |
Source:  MLSListings Inc #ML81691556 Report a problem | ||
| 2/7/2018 | Listed for sale | $3,988,000$1,253/sqft |
Source: Deleon Realty #ML81691556 Report a problem | ||
| 12/30/2017 | Listing removed | $3,988,000$1,253/sqft |
Source: Deleon Realty #ML81686428 Report a problem | ||
| 12/6/2017 | Listed for sale | $3,988,000+377.7%$1,253/sqft |
Source: Deleon Realty #ML81686428 Report a problem | ||
| 4/22/2011 | Sold | $834,750-6.7%$262/sqft |
Source: Public Record Report a problem | ||
| 3/20/2011 | Pending sale | $895,000$281/sqft |
Source: Alain Pinel Realtors - Palo Alto #81109087 Report a problem | ||
| 3/17/2011 | Listed for sale | $895,000$281/sqft |
Source: Alain Pinel Realtors - Palo Alto #81109087 Report a problem | ||
| 3/13/2011 | Pending sale | $895,000$281/sqft |
Source: Alain Pinel Realtors - Palo Alto #81109087 Report a problem | ||
| 3/3/2011 | Listed for sale | $895,000$281/sqft |
Source: Alain Pinel Realtors - Palo Alto #81109087 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $49,970 -4% | $4,080,000 -6.2% |
| 2024 | $52,025 +1.5% | $4,350,520 +2% |
| 2023 | $51,262 +1.2% | $4,265,217 +2% |
| 2022 | $50,675 +2% | $4,181,586 +2% |
| 2021 | $49,677 +2.1% | $4,099,595 +1% |
| 2020 | $48,638 | $4,057,560 +2% |
| 2019 | $48,638 +93.8% | $3,978,000 +93.2% |
| 2018 | $25,093 | $2,058,943 +2% |
| 2017 | $25,093 +1.8% | $2,018,573 +2% |
| 2016 | $24,651 +3.7% | $1,978,994 +1.5% |
| 2015 | $23,768 +2.1% | $1,949,269 +2% |
| 2014 | $23,279 | $1,911,087 +50.7% |
| 2013 | -- | $1,267,801 +48.9% |
| 2012 | -- | $851,700 +283.2% |
| 2011 | -- | $222,256 +0.8% |
| 2010 | -- | $220,596 -0.2% |
| 2009 | -- | $221,121 +2% |
| 2008 | -- | $216,786 +2% |
| 2007 | -- | $212,537 +2% |
| 2006 | -- | $208,371 +2% |
| 2005 | -- | $204,287 +2% |
| 2004 | -- | $200,282 +1.9% |
| 2003 | -- | $196,612 +2% |
| 2002 | -- | $192,758 +2% |
| 2001 | -- | $188,979 |
Find assessor info on the county website
Neighborhood: Evergreen Park
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Nearby schools
GreatSchools rating
- 10/10Escondido Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1.1 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: EscondidoElementary
- Middle: DavidStarrJordanMiddle_1
- High: PaloAltoHigh
- District: PaloAltoUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,383,900
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Estimated market value
$4,383,900
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