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Sold for $2,677,000
  • $2,677,000

    250 Fernando Ave, Palo Alto, CA 94306

    3beds
    3baths
    2,799sqft
    Residential Income
    Built in 1948
    -- sqft lot
    $3,151,300 Zestimate®
    $956/sqft
    $5,378 Estimated rent

    Home value

    $3,151,300

    $2.74M - $3.59M

    $5,378/mo

    Zestimate® history
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    What's special

    Cozy fireplacePotential landscaping projectsTree-lined streetAbundant natural lightGenerous minimum lot sizeCharming mid-century detailsUpdated kitchens
    Welcome to 240-260 Fernando Ave, a rare and versatile three-unit property ideally situated in one of Palo Alto's most desirable neighborhoods. Nestled on a tree-lined street, this triplex offers a unique opportunity for investors, extended families or those seeking rental income while living in one of the units. All 3 individual buildings consist of 1 bedrooms, 1 bathroom, 933 SqFt, their own private entrances, comfortable living spaces, and abundant natural light. Updated kitchens, hardwood floors, and charming mid-century details create a warm and inviting atmosphere throughout. Gather around the cozy fireplace, perfect for relaxing evenings and chilly days. These units include a practical laundry area, offering convenience for day-to-day chores. Additionally, the ceiling fan ensures effective cooling, while the wall furnace provides efficient heating during colder months. The property sits on a generous minimum lot size of 7,875 sq ft, providing ample space for outdoor activities and potential landscaping projects. Don't miss the opportunity to own this lovely residence in Palo Alto!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Camarena 02086938 408-710-0381,

    Intempus Realty 408-320-5509,

    Eugene Korsunsky 01795317 408-391-1606,

    Intempus Realty

    Bought with:

    , 01996342

    Sean Freeberg

    Source: MLSListings Inc,MLS#: ML82008201MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 2,799
    • Total interior livable area: 2,799 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Off Street
    • Garage spaces: 2
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Lot
    • Size: 7,875 Square Feet
    Details
    • Parcel number: 13233027
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Foam
    Condition
    • Year built: 1948

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $956/sqft
    • Tax assessed value: $2,901,458
    • Annual tax amount: $34,431
    • Date on market: 5/23/2025
    • Listing agreement: ExclusiveAgency
    • Inclusions: Building, Land
    • Lease term: Renewal Option

    Price history

    DateEventPrice
    9/19/2025Sold$2,677,000-4.4%$956/sqft
    Source: MLSListings Inc #ML82008201 Report a problem
    8/19/2025Contingent$2,798,888$1,000/sqft
    Source: MLSListings Inc #ML82008201 Report a problem
    7/21/2025Price change$2,798,888-6.7%$1,000/sqft
    Source: MLSListings Inc #ML82008201 Report a problem
    5/23/2025Listed for sale$2,998,888+20%$1,071/sqft
    Source: MLSListings Inc #ML82008201 Report a problem
    12/5/2020Listing removed$2,500$1/sqft
    Source: Intempus Realty Report a problem
    11/2/2020Price change$2,500-7.2%$1/sqft
    Source: Intempus Realty Report a problem
    10/19/2020Price change$2,695-6.9%$1/sqft
    Source: Intempus Realty Report a problem
    10/5/2020Price change$2,895-3.3%$1/sqft
    Source: Intempus Realty Report a problem
    8/31/2020Price change$2,995-3.4%$1/sqft
    Source: Intempus Realty Report a problem
    8/14/2020Price change$3,100-5.3%$1/sqft
    Source: Intempus Realty Report a problem
    5/9/2020Listed for rent$3,275+7.4%$1/sqft
    Source: Intempus Realty Report a problem
    1/3/2018Listing removed$3,050$1/sqft
    Source: A&M Property Management Services Report a problem
    11/20/2017Price change$3,050-4.7%$1/sqft
    Source: A&M Property Management Services Report a problem
    9/28/2017Listed for rent$3,200$1/sqft
    Source: A&M Property Management Services Report a problem
    8/23/2016Sold$2,500,000-5.7%$893/sqft
    Source: Public Record Report a problem
    7/19/2016Listed for sale$2,650,000$947/sqft
    Source: Keller Williams - Palo Alto #ML81586437 Report a problem
    7/19/2016Pending sale$2,650,000$947/sqft
    Source: Keller Williams - Palo Alto #ML81586437 Report a problem
    7/1/2016Price change$2,650,000-5.2%$947/sqft
    Source: Keller Williams - Palo Alto #ML81586437 Report a problem
    5/20/2016Price change$2,795,000-0.1%$999/sqft
    Source: Keller Williams - Palo Alto #ML81586437 Report a problem
    4/18/2016Listed for sale$2,798,000+39.9%$1,000/sqft
    Source: Keller Williams Palo Alto #ML81580697 Report a problem
    8/22/2014Sold$2,000,000+0.1%$715/sqft
    Source: Public Record Report a problem
    8/6/2014Pending sale$1,999,000$714/sqft
    Source: Dreyfus Sotheby's International Realty #ML81418567 Report a problem
    8/6/2014Listed for sale$1,999,000$714/sqft
    Source: Dreyfus Sotheby's International Realty #ML81418567 Report a problem
    6/9/2014Listing removed$1,999,000$714/sqft
    Source: Dreyfus Sotheby's International Realty #81418567 Report a problem
    5/29/2014Listed for sale$1,999,000+73.8%$714/sqft
    Source: Dreyfus Sotheby's International Realty #81418567 Report a problem
    5/14/2004Sold$1,150,000+85.2%$411/sqft
    Source: Public Record Report a problem
    1/22/1999Sold$621,000$222/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,908 +4.3%$2,901,458 +2%
    2024$34,431 +1.5%$2,844,568 +2%
    2023$33,926 +1.2%$2,788,793 +2%
    2022$33,535 +2%$2,734,112 +2%
    2021$32,876 +2.1%$2,680,503 +1%
    2020$32,195 $2,653,019 +2%
    2019$32,195 +4%$2,601,000 +2%
    2018$30,965 $2,550,000 +2%
    2017$30,965 +1.8%$2,500,000 +23.1%
    2016$30,422 +24.4%$2,030,500 +1.5%
    2015$24,457 +54.6%$2,000,000 +54.9%
    2014$15,815 $1,290,934 +0.5%
    2013-- $1,285,100 +26%
    2012-- $1,020,000 -4.9%
    2011-- $1,073,018 +0.8%
    2010-- $1,065,000 -16.1%
    2009-- $1,269,690 +2%
    2008-- $1,244,795 +2%
    2007-- $1,220,388 +2%
    2006-- $1,196,460 +2%
    2005-- $1,173,000 +71.4%
    2004-- $684,187 +1.9%
    2003-- $671,648 +2%
    2002-- $658,479 +2%
    2001-- $645,568
    Find assessor info on the county website

    Neighborhood: Ventura

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $3,151,300
    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
    $3,151,300