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479 Ferne Ave

Palo Alto, CA 94306

5 bd 5 ba 2,656 sqft Built 1956 Lot 8,030 sqft single_family
Most recent sale
$5,000,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $5,000,000 MLS #ML81880675
Mar 3, 2022 Listed $3,988,000 MLS #ML81880675
May 21, 2014 Sold $2,420,000 MLS #81411616
Apr 9, 2014 Listed $1,998,000 MLS #81411616
Jul 1, 1987 Sold $310,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,000,000 $2,570,000 $4,570,000 $55,856
2024 $2,000,000 $2,570,000 $4,570,000 $52,841
2023 $2,142,000 $2,958,000 $5,100,000 $61,132
2022 $1,300,965 $1,617,218 $2,918,183 $35,634
2021 $1,275,456 $1,585,508 $2,860,964 $34,931
2020 $1,262,378 $1,569,251 $2,831,629 $34,207
2019 $1,237,626 $1,538,482 $2,776,108 $33,829
2018 $1,213,359 $1,508,316 $2,721,675 $32,895
2017 $1,189,568 $1,478,742 $2,668,310 $32,317
2016 $1,166,244 $1,449,748 $2,615,992 $31,471
2015 $1,040,379 $1,427,972 $2,468,351 $29,888
2014 $310,156 $249,826 $559,982 $7,295
2013 $308,755 $248,697 $557,452 $6,649
2012 $302,701 $243,821 $546,522 $6,522
2010 $294,549 $237,255 $531,804 $6,146
2009 $295,249 $237,819 $533,068 $6,083
2008 $289,460 $233,156 $522,616 $5,769
2007 $283,785 $228,585 $512,370 $5,670

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
5
Baths
5
Living area
2,656 sqft
Lot size
8,030 sqft
ZIP code
94306
City
Palo Alto
Street
Ferne Ave
Coordinates
37.41445, -122.10544

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
$30,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 479 Ferne Ave last sell?
479 Ferne Ave most recently sold on Apr 11, 2022 for $5,000,000.
What is the current tax assessment for 479 Ferne Ave?
The most recent total assessment for 479 Ferne Ave (year 2025) is $4,570,000 with $55,856 in property tax.
How does 479 Ferne Ave's assessment compare to its last sale price?
The current assessment is 8.6% below the last sale price of $5,000,000.
When was 479 Ferne Ave built?
479 Ferne Ave was built in 1956.
How does 479 Ferne Ave compare to others on Ferne Ave?
We track 8 other properties on Ferne Ave. Browse the list under "Other properties on Ferne Ave" to compare beds, baths, and sale history.
What are the property facts for 479 Ferne Ave?
479 Ferne Ave is a 5 bed, 5 bath, 2,656 sqft, 8,030 sqft lot single_family.
Is 479 Ferne Ave a flip candidate?
No — 479 Ferne Ave does not appear in our flips dataset.
Is 479 Ferne Ave a tax-appeal candidate?
No — 479 Ferne 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
+10.7%
Implied 1-yr
+42.8%
2026 Q3
$6.97M
2026 Q4
$7.41M
ZIP 94306 — Median Price History + Forecast

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