3970 El Cerrito Rd
Palo Alto, CA 94306
4 bd 3 ba 1,601 sqft Built 1952 Lot 10,981 sqft single_family
Most recent sale
$3,412,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $3,412,000 | MLS #ML81890170 |
| May 16, 2022 | Price changed | $3,498,000 | MLS #ML81890170 |
| May 5, 2022 | Listed | $3,888,000 | MLS #ML81890170 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $65,025 | $3,485,340 | $3,550,365 | $42,786 |
| 2024 | $65,025 | $3,485,340 | $3,550,365 | $41,006 |
| 2023 | $62,500 | $3,350,000 | $3,412,500 | $40,409 |
| 2022 | $69,854 | $46,997 | $116,851 | $1,433 |
| 2021 | $68,485 | $46,076 | $114,561 | $1,402 |
| 2020 | $67,783 | $45,604 | $113,387 | $1,373 |
| 2019 | $66,454 | $44,710 | $111,164 | $1,357 |
| 2018 | $65,151 | $43,834 | $108,985 | $1,333 |
| 2017 | $63,874 | $42,975 | $106,849 | $1,308 |
| 2016 | $62,622 | $42,133 | $104,755 | $1,261 |
| 2015 | $61,682 | $41,501 | $103,183 | $1,247 |
| 2014 | $60,474 | $40,689 | $101,163 | $1,229 |
| 2013 | $60,201 | $40,506 | $100,707 | $1,226 |
| 2012 | $59,021 | $39,712 | $98,733 | $1,205 |
| 2010 | $57,432 | $38,644 | $96,076 | $1,136 |
| 2009 | $57,569 | $38,736 | $96,305 | $1,125 |
| 2008 | $56,441 | $37,977 | $94,418 | $1,069 |
| 2007 | $55,335 | $37,233 | $92,568 | $1,045 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,601 sqft
Lot size
10,981 sqft
ZIP code
94306
City
Palo Alto
Street
El Cerrito Rd
Coordinates
37.40712, -122.13615
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$20,472
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3970 El Cerrito Rd last sell?
3970 El Cerrito Rd most recently sold on Jul 15, 2022 for $3,412,000.
What is the current tax assessment for 3970 El Cerrito Rd?
The most recent total assessment for 3970 El Cerrito Rd (year 2025) is $3,550,365 with $42,786 in property tax.
How does 3970 El Cerrito Rd's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $3,412,000.
When was 3970 El Cerrito Rd built?
3970 El Cerrito Rd was built in 1952.
How does 3970 El Cerrito Rd compare to others on El Cerrito Rd?
We track 4 other properties on El Cerrito Rd. Browse the list under "Other properties on El Cerrito Rd" to compare beds, baths, and sale history.
What are the property facts for 3970 El Cerrito Rd?
3970 El Cerrito Rd is a 4 bed, 3 bath, 1,601 sqft, 10,981 sqft lot single_family.
Is 3970 El Cerrito Rd a flip candidate?
No — 3970 El Cerrito Rd does not appear in our flips dataset.
Is 3970 El Cerrito Rd a tax-appeal candidate?
No — 3970 El Cerrito Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.7%
Implied 1-yr
+42.8%
2026 Q3
$6.97M
2026 Q4
$7.41M
ZIP 94306 — Median Price History + Forecast
Explore nearby
Geography
Other properties on El Cerrito Rd