241 Addison Ave
Palo Alto, CA 94301
2 bd 2 ba 1,144 sqft Built 1923 Lot 6,300 sqft single_family
Most recent sale
$3,325,000
Aug 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 25, 2022 | Sold | $3,325,000 | MLS #ML81900203 |
| Jul 14, 2022 | Listed | $3,450,000 | MLS #ML81900203 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $307,900 | $2,842,100 | $3,150,000 | $38,881 |
| 2024 | $307,900 | $2,842,100 | $3,150,000 | $34,192 |
| 2023 | $300,100 | $2,769,900 | $3,070,000 | $37,236 |
| 2022 | $252,496 | $1,704,391 | $1,956,887 | $24,273 |
| 2021 | $247,546 | $1,670,972 | $1,918,518 | $23,795 |
| 2020 | $245,008 | $1,653,839 | $1,898,847 | $23,308 |
| 2019 | $240,204 | $1,621,411 | $1,861,615 | $23,050 |
| 2018 | $235,495 | $1,589,619 | $1,825,114 | $22,422 |
| 2017 | $230,878 | $1,558,450 | $1,789,328 | $22,028 |
| 2016 | $226,351 | $1,527,893 | $1,754,244 | $21,451 |
| 2015 | $222,951 | $1,504,943 | $1,727,894 | $21,241 |
| 2014 | $218,584 | $1,475,464 | $1,694,048 | $20,793 |
| 2013 | $217,597 | $1,468,796 | $1,686,393 | $20,762 |
| 2012 | $143,820 | $970,020 | $1,113,840 | $15,702 |
| 2010 | $142,800 | $964,200 | $1,107,000 | $13,426 |
| 2009 | $201,800 | $1,362,400 | $1,564,200 | $18,275 |
| 2008 | $204,000 | $1,377,000 | $1,581,000 | $17,876 |
| 2007 | $130,000 | $1,250,000 | $1,380,000 | $15,793 |
Property facts
Year built
1923
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,144 sqft
Lot size
6,300 sqft
ZIP code
94301
City
Palo Alto
Street
Addison Ave
Coordinates
37.44163, -122.15610
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$19,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 241 Addison Ave last sell?
241 Addison Ave most recently sold on Aug 25, 2022 for $3,325,000.
What is the current tax assessment for 241 Addison Ave?
The most recent total assessment for 241 Addison Ave (year 2025) is $3,150,000 with $38,881 in property tax.
How does 241 Addison Ave's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $3,325,000.
When was 241 Addison Ave built?
241 Addison Ave was built in 1923.
How does 241 Addison Ave compare to others on Addison Ave?
We track 8 other properties on Addison Ave. Browse the list under "Other properties on Addison Ave" to compare beds, baths, and sale history.
What are the property facts for 241 Addison Ave?
241 Addison Ave is a 2 bed, 2 bath, 1,144 sqft, 6,300 sqft lot single_family.
Is 241 Addison Ave a flip candidate?
No — 241 Addison Ave does not appear in our flips dataset.
Is 241 Addison Ave a tax-appeal candidate?
No — 241 Addison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.4%
Implied 1-yr
+33.5%
2026 Q3
$10.53M
2026 Q4
$11.1M
ZIP 94301 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Addison Ave