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962 Addison Ave

Palo Alto, CA 94301

3 bd 2 ba 1,723 sqft Built 1964 Lot 6,100 sqft single_family
Most recent sale
$4,050,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Listing removed $7,000 MLSListings
Jul 7, 2022 Price changed for rent $7,000 MLSListings
Jul 1, 2022 Price changed for rent $7,500 MLSListings
Jun 27, 2022 Price changed for rent $7,950 MLSListings
Jun 10, 2022 Listed for rent $8,500 MLSListings
Apr 20, 2022 Sold $4,050,000 MLS #ML81881631
Mar 17, 2022 Listed $3,500,000 MLS #ML81881631

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,400 $3,596,600 $3,735,000 $45,004
2024 $138,400 $3,596,600 $3,735,000 $41,584
2023 $124,100 $3,225,900 $3,350,000 $39,671
2022 $100,000 $2,500,000 $2,600,000 $30,994
2021 $61,234 $45,217 $106,451 $1,236
2020 $60,607 $44,754 $105,361 $1,210
2019 $59,419 $43,877 $103,296 $1,196
2018 $58,254 $43,017 $101,271 $1,176
2017 $57,112 $42,174 $99,286 $1,219
2016 $55,993 $41,348 $97,341 $1,113
2015 $55,152 $40,727 $95,879 $1,102
2014 $54,072 $39,930 $94,002 $1,086
2013 $53,828 $39,750 $93,578 $1,086
2012 $52,773 $38,971 $91,744 $1,068
2010 $51,353 $37,922 $89,275 $1,007
2009 $51,475 $38,013 $89,488 $998
2008 $50,466 $37,268 $87,734 $948
2007 $49,477 $36,538 $86,015 $926

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,723 sqft
Lot size
6,100 sqft
ZIP code
94301
City
Palo Alto
Street
Addison Ave
Coordinates
37.45060, -122.14855

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 962 Addison Ave last sell?
962 Addison Ave most recently sold on Apr 20, 2022 for $4,050,000.
What is the current tax assessment for 962 Addison Ave?
The most recent total assessment for 962 Addison Ave (year 2025) is $3,735,000 with $45,004 in property tax.
How does 962 Addison Ave's assessment compare to its last sale price?
The current assessment is 7.8% below the last sale price of $4,050,000.
When was 962 Addison Ave built?
962 Addison Ave was built in 1964.
How does 962 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 962 Addison Ave?
962 Addison Ave is a 3 bed, 2 bath, 1,723 sqft, 6,100 sqft lot single_family.
Is 962 Addison Ave a flip candidate?
No — 962 Addison Ave does not appear in our flips dataset.
Is 962 Addison Ave a tax-appeal candidate?
No — 962 Addison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.4%
Implied 1-yr
+33.5%
2026 Q3
$10.53M
2026 Q4
$11.1M
ZIP 94301 — Median Price History + Forecast

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