Rare opportunity in Downtown Palo Alto. Perfectly shaped and expansive 8,036 square foot lot (48 feet of street frontage by 164 feet deep). Located in the RM-20 zone district, which is a Low Density Multiple-Family Residence District. Enjoy the charming home built in 1926, with 2 Bedrooms and 1.5 bathrooms, living room with handsome fireplace, detached 2 car garage with attached storage space. Convenient location with easy access to downtown Palo Alto and Stanford Shopping Center, and just a few blocks from the Caltrain station. Sought after Palo Alto schools. Live in as is, remodel and expand, build an accessory dwelling unit in the back of this deep lot, or a multi-family compound.
Sold for $2,780,000
Tax assessed value
$2,780,000
132 Emerson St, Palo Alto, CA 94301
2beds
1,119sqft
Single Family Residence, Residential
Built in 1926
8,036 Square Feet Lot
$2,811,200 Zestimate®
$2,484/sqft
$6,170 Estimated rent
Home value
$2,811,200
$2.56M - $3.09M
$6,170/mo
Zestimate® history
Owner options
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$6,170/mo
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$6,170/mo
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$17,888/mo
Est. payment
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$17,888/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Bob Kamangar 01229105 650-245-0245,
Christie's International Real Estate Sereno 650-947-2900
Bought with:
Steve Milender, 01366170
Christie's International Real Estate Sereno
Source: MLSListings Inc,MLS#: ML81987114
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bathroom
- Features: ShoweroverTub1
Dining room
- Features: FormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Fireplace features: Living Room
Interior area
- Total structure area: 1,119
- Total interior livable area: 1,119 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 8,036 Square Feet
Details
- Parcel number: 12024021
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1926
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: $2,484/sqft
- Tax assessed value: $2,780,000
- Annual tax amount: $36,675
- Date on market: 11/20/2024
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $2,780,000-4.1%$2,484/sqft |
Source:  MLSListings Inc #ML81987114 Report a problem | ||
| 12/11/2024 | Pending sale | $2,898,000$2,590/sqft |
Source: MLSListings Inc #ML81987114 Report a problem | ||
| 11/20/2024 | Listed for sale | $2,898,000+107%$2,590/sqft |
Source: MLSListings Inc #ML81987114 Report a problem | ||
| 9/3/2008 | Sold | $1,400,000$1,251/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,675 +25.7% | $2,780,000 +15.9% |
| 2024 | $29,187 +1.5% | $2,398,765 +2% |
| 2023 | $28,758 +1.2% | $2,351,731 +2% |
| 2022 | $28,425 +2% | $2,305,620 +2% |
| 2021 | $27,866 +2.1% | $2,260,413 +1% |
| 2020 | $27,292 | $2,237,237 +2% |
| 2019 | $27,292 +4% | $2,193,371 +2% |
| 2018 | $26,251 | $2,150,364 +2% |
| 2017 | $26,251 +1.8% | $2,108,201 +2% |
| 2016 | $25,791 +3.7% | $2,066,865 +1.5% |
| 2015 | $24,871 +2.1% | $2,035,820 +2% |
| 2014 | $24,365 | $1,995,942 +0.5% |
| 2013 | -- | $1,986,922 +2% |
| 2012 | -- | $1,947,963 +2% |
| 2011 | -- | $1,909,768 +0.8% |
| 2010 | -- | $1,895,496 -0.2% |
| 2009 | -- | $1,900,000 +1897.5% |
| 2008 | -- | $95,120 +2% |
| 2007 | -- | $93,256 +2% |
| 2006 | -- | $91,428 +2% |
| 2005 | -- | $89,636 +2% |
| 2004 | -- | $87,880 +1.9% |
| 2003 | -- | $86,270 +2% |
| 2002 | -- | $84,580 +2% |
| 2001 | -- | $82,922 |
Find assessor info on the county website
Neighborhood: Downtown North
Nearby homes
- $622,856-- bd-- ba4.9k sqft144 Emerson St, Palo Alto, CA 94301Off Market
- $--2 bd1 ba900 sqft144 Emerson St #6SCVCM1JV, Palo Alto, CA 94301Off Market
- $2,331,4002 bd1 ba900 sqft144 Emerson St APT E, Palo Alto, CA 94301Off Market
- $2,331,4002 bd1 ba900 sqft144 Emerson St APT B, Palo Alto, CA 94301Off Market
- $2,331,4002 bd1 ba900 sqft144 Emerson St APT A, Palo Alto, CA 94301Off Market
- $--2 bd1 ba900 sqft144 Emerson St APT D, Palo Alto, CA 94301Off Market
- $5,998,5006 bd4 ba3k sqft124 Emerson St, Palo Alto, CA 94301Off Market
- $3,725,2003 bd2 ba1.5k sqft116 Emerson St, Palo Alto, CA 94301Off Market
Nearby schools
GreatSchools rating
- 9/10Addison Elementary SchoolGrades: K-5Distance: 0.9 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1.9 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: AddisonElementary
- 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
$2,811,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,811,200
- California
- Santa Clara County
- Palo Alto
- 94301
- Downtown North
- 132 Emerson St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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