240 Forest Ave
Palo Alto, CA 94301
2 bd 2 ba 1,247 sqft Built 1978 condos
Most recent sale
$1,750,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 16, 2022 | Sold | $1,750,000 | Public Record |
| May 19, 2022 | Listed | $1,598,000 | MLS #ML81892429 |
| Aug 10, 2018 | Sold | $2,150,000 | MLS #ML81716348 |
| Jul 26, 2018 | Listed | $1,975,000 | MLS #ML81716348 |
| May 21, 2012 | Sold | $890,000 | MLS #81202131 |
| Jan 19, 2012 | Listed | $899,000 | MLS #81202131 |
| Jul 24, 2003 | Sold | $575,000 | Public Record |
| Sep 15, 2000 | Sold | $675,000 | Public Record |
| Apr 1, 1979 | Sold | $129,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $567,893 | $567,893 | $1,135,786 | $14,554 |
| 2024 | $567,893 | $567,893 | $1,135,786 | $13,968 |
| 2023 | $545,842 | $545,842 | $1,091,684 | $13,759 |
| 2022 | $875,000 | $875,000 | $1,750,000 | $21,770 |
| 2021 | $1,048,589 | $1,107,859 | $2,156,448 | $18,188 |
| 2020 | $1,096,500 | $1,096,500 | $2,193,000 | $26,733 |
| 2019 | $1,075,000 | $1,075,000 | $2,150,000 | $26,438 |
| 2018 | $491,237 | $491,237 | $982,474 | $12,465 |
| 2017 | $481,605 | $481,605 | $963,210 | $12,246 |
| 2016 | $472,162 | $472,162 | $944,324 | $11,922 |
| 2015 | $465,070 | $465,070 | $930,140 | $11,802 |
| 2014 | $455,960 | $455,960 | $911,920 | $11,508 |
| 2013 | $453,900 | $453,900 | $907,800 | $11,485 |
| 2012 | $325,433 | $325,433 | $650,866 | $8,438 |
| 2010 | $316,668 | $316,668 | $633,336 | $7,871 |
| 2009 | $317,421 | $317,421 | $634,842 | $7,700 |
| 2008 | $311,198 | $311,198 | $622,396 | $7,328 |
| 2007 | $305,097 | $305,097 | $610,194 | $7,211 |
Property facts
Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,247 sqft
Lot size
—
ZIP code
94301
City
Palo Alto
Street
Forest Ave
Coordinates
37.44351, -122.15971
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$10,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Forest Ave last sell?
240 Forest Ave most recently sold on Jun 16, 2022 for $1,750,000.
What is the current tax assessment for 240 Forest Ave?
The most recent total assessment for 240 Forest Ave (year 2025) is $1,135,786 with $14,554 in property tax.
How does 240 Forest Ave's assessment compare to its last sale price?
The current assessment is 35.1% below the last sale price of $1,750,000.
When was 240 Forest Ave built?
240 Forest Ave was built in 1978.
How does 240 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 240 Forest Ave?
240 Forest Ave is a 2 bed, 2 bath, 1,247 sqft condos.
Is 240 Forest Ave a flip candidate?
No — 240 Forest Ave does not appear in our flips dataset.
Is 240 Forest Ave a tax-appeal candidate?
No — 240 Forest 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 Forest Ave