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Off market
Street View
  • $5,553,400

    181 Addison Ave, Palo Alto, CA 94301

    2beds
    2,610sqft
    SingleFamily
    Built in 1906
    0.29 Acres Lot
    $5,553,400 Zestimate®
    $2,128/sqft
    $4,497 Estimated rent

    Home value

    $5,553,400

    $4.94M - $6.33M

    $4,497/mo

    Zestimate® history
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    $4,497/mo

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    Rent Zestimate®

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    $34,918/mo

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    $34,918/mo

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    What's special

    Spectacular Oversized Lot in the Heart of Palo Alto: Positioned at the corner of Addison Avenue and Emerson Street with expansive frontage on both, this exceptional oversized lot presents an incredible development opportunity! According to the city of Palo Alto, the dimensions create a perfect square totaling an area of 12,656 square feet (112.5sf by 112.5sf). Build brand new or completely remodel this circa 1906 home which is in mostly original condition and does not have a historical designation. Explore the possibilities and maximize the property's potential under R2 Zoning. Rarely does a lot of this size with such close proximity to downtown Palo Alto become available. Stanford Campus, Town and Country Village, highly acclaimed public schools and all of the shops, restaurants and amenities of University Avenue are within just a few of blocks. A premier address in vibrant Silicon Valley!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None, Forced air
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: In Utility Room
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,610 sqft

    Property

    Features
    • Fencing: Fenced
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 12028088

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1906

    Utilities & green energy

    • Utilities for property: Public Utilities

    Community & neighborhood

    Location
    • Region: Palo Alto

    Other

    Other facts
    • Family Room: No Family Room
    • Building Type: Detached
    • Listing Class: Residential
    • Foundation: Concrete Perimeter and Slab
    • Dining Room: Dining Area in Living Room, Eat in Kitchen
    • Lot Size Area Maximum Units: Square Feet
    • Lot Size Area Minimum Units: Square Feet
    • Fireplaces: Living Room
    • Roof: Composition
    • Flooring: Hardwood, Carpet, Vinyl / Linoleum
    • Water: Public
    • Kitchen: Dishwasher, Oven Range - Electric, Countertop - Formica, Refrigerator
    • Bathroom: Stall Shower - 2+
    • Listing Type: Exclusive Right to Sell
    • Lot Description: Grade - Level
    • Additional Listing Info: Court Confirmation May Be Required
    • Heating: Central Forced Air
    • Utilities: Public Utilities
    • Sewer Septic: Sewer - Public
    • Fencing: Fenced
    • Structure SqFt Source: Other
    • Style: Bungalow
    • Cooling: Other, Central AC
    • Garage Parking Features: Electric Gate, Covered Parking, Detached Garage
    • HOA Exist Y/N: 0
    • Amenities Misc.: Skylight
    • Additional Rooms: Bonus / Hobby Room
    • Bedrooms: More than One Bedroom on Ground Floor
    • View: Neighborhood
    • Laundry: In Utility Room

    Price history

    DateEventPrice
    12/23/2019Sold$4,290,000-9.7%$1,644/sqft
    Source: MLSListings Inc #ML81765543 Report a problem
    10/29/2019Price change$4,750,000-12%$1,820/sqft
    Source: Compass #ML81765543 Report a problem
    10/11/2019Listed for sale$5,395,000$2,067/sqft
    Source: Compass #ML81765543 Report a problem
    9/19/2019Pending sale$5,395,000$2,067/sqft
    Source: Compass #ML81765543 Report a problem
    8/22/2019Listed for sale$5,395,000+1887.1%$2,067/sqft
    Source: Compass #ML81765543 Report a problem
    7/29/1998Sold$271,500$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$57,407 +4.3%$4,691,738 +2%
    2024$55,038 +1.5%$4,599,744 +2%
    2023$54,233 +1.2%$4,509,554 +2%
    2022$53,614 +2%$4,421,132 +2%
    2021$52,560 +2.1%$4,334,444 +1%
    2020$51,460 $4,290,000 +2874.2%
    2019$51,460 +1940.1%$144,242 +2%
    2018$2,522 $141,414 +2%
    2017$2,522 +1.9%$138,642 +2%
    2016$2,475 +4.4%$135,925 +1.5%
    2015$2,371 +6.5%$133,884 +2%
    2014$2,227 $131,262 +0.5%
    2013-- $130,669 +2%
    2012-- $128,108 +2%
    2011-- $125,597 +0.8%
    2010-- $124,659 -0.2%
    2009-- $124,956 +2%
    2008-- $122,507 +2%
    2007-- $120,106 +2%
    2006-- $117,752 +2%
    2005-- $115,444 +13.4%
    2004-- $101,809 +1.9%
    2003-- $99,945 +2%
    2002-- $97,986 +2%
    2001-- $96,066

    Find assessor info on the county website

    Neighborhood: University South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,553,400
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    Estimated market value
    $5,553,400