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427 Alma St

Palo Alto, CA 94301

2 bd 2 ba 890 sqft Built 1984 Lot 890 sqft condos
Most recent sale
$1,330,000
Feb 29, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 29, 2024 Sold $1,330,000 BayEast
Oct 17, 2023 Price changed $1,398,000 BayEast
Sep 9, 2023 Price changed $1,448,000 BayEast
Jul 7, 2023 Listed $1,548,000 BayEast
Jun 22, 2020 Sold $1,420,000 MLSListings
Jun 5, 2020 Listed $1,388,000 MLSListings
Nov 1, 2015 Listing removed $4,000 MLSListings
Jun 26, 2015 Listing removed $4,000 MLSListings
Jun 10, 2015 Listed for rent $4,000 MLSListings
Jun 9, 2015 Sold $1,058,875 MLSListings
Apr 16, 2015 Listed $950,000 MLSListings
Jan 30, 2015 Listing removed $4,000 MLSListings
Nov 28, 2014 Listed for rent $4,000 MLSListings
Apr 11, 2009 Listing removed $2,750 MLSListings
Mar 17, 2009 Listed for rent $3,000 MLSListings
Feb 28, 2003 Sold $406,000 Public Record
Mar 25, 1992 Sold $237,500 Public Record
Jun 11, 1987 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $678,300 $678,300 $1,356,600 $17,291
2024 $678,300 $678,300 $1,356,600 $18,853
2023 $746,336 $746,336 $1,492,672 $18,575
2022 $731,702 $731,702 $1,463,404 $18,358
2021 $717,355 $717,355 $1,434,710 $17,997
2020 $590,676 $590,676 $1,181,352 $14,824
2019 $579,095 $579,095 $1,158,190 $14,657
2018 $567,741 $567,741 $1,135,482 $14,266
2017 $556,609 $556,609 $1,113,218 $14,015
2016 $545,696 $545,696 $1,091,392 $13,645
2015 $301,329 $187,627 $488,956 $6,601
2014 $295,427 $183,952 $479,379 $6,390
2013 $294,092 $183,121 $477,213 $6,372
2012 $288,326 $179,531 $467,857 $6,264
2010 $282,673 $176,011 $458,684 $5,904
2009 $281,228 $175,112 $456,340 $5,753
2008 $275,714 $171,679 $447,393 $5,484
2007 $270,308 $168,313 $438,621 $5,398

Property facts

Year built
1984
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
890 sqft
Lot size
890 sqft
ZIP code
94301
City
Palo Alto
Street
Alma St
Coordinates
37.44401, -122.16450

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,980
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 427 Alma St last sell?
427 Alma St most recently sold on Feb 29, 2024 for $1,330,000.
What is the current tax assessment for 427 Alma St?
The most recent total assessment for 427 Alma St (year 2025) is $1,356,600 with $17,291 in property tax.
How does 427 Alma St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $1,330,000.
When was 427 Alma St built?
427 Alma St was built in 1984.
How does 427 Alma St compare to others on Alma St?
We track 8 other properties on Alma St. Browse the list under "Other properties on Alma St" to compare beds, baths, and sale history.
What are the property facts for 427 Alma St?
427 Alma St is a 2 bed, 2 bath, 890 sqft, 890 sqft lot condos.
Is 427 Alma St a flip candidate?
No — 427 Alma St does not appear in our flips dataset.
Is 427 Alma St a tax-appeal candidate?
No — 427 Alma St 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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