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616 Forest Ave

Palo Alto, CA 94301

2 bd 3 ba 1,392 sqft Built 1977 Lot 630 sqft townhomes
Most recent sale
$1,750,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2023 Sold $1,855,000 Public Record
Apr 4, 2023 Sold $1,855,000 MLSListings
Mar 24, 2023 Listed $1,595,000 MLSListings
Jul 1, 2022 Sold $1,750,000 MLS #ML81893813
Jun 1, 2022 Listed $1,718,000 MLS #ML81893813
Dec 15, 2010 Sold $725,000 Public Record
Dec 8, 2010 Listing removed $739,000 MLSListings
Nov 19, 2010 Listed $739,000 MLS #81055140
Nov 21, 1978 Sold $213,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $964,971 $964,971 $1,929,942 $24,178
2024 $964,971 $964,971 $1,929,942 $23,193
2023 $875,000 $875,000 $1,750,000 $21,612
2022 $437,636 $437,636 $875,272 $11,273
2021 $429,055 $429,055 $858,110 $11,050
2020 $424,656 $424,656 $849,312 $10,833
2019 $416,330 $416,330 $832,660 $10,708
2018 $408,167 $408,167 $816,334 $10,427
2017 $400,164 $400,164 $800,328 $10,242
2016 $392,318 $392,318 $784,636 $10,050
2015 $386,426 $386,426 $772,852 $9,948
2014 $378,857 $378,857 $757,714 $9,683
2013 $377,145 $377,145 $754,290 $9,662
2012 $369,750 $369,750 $739,500 $9,490
2010 $404,785 $404,785 $809,570 $9,897
2009 $405,747 $405,747 $811,494 $9,705
2008 $397,792 $397,792 $795,584 $9,229
2007 $389,993 $389,993 $779,986 $9,081

Property facts

Year built
1977
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,392 sqft
Lot size
630 sqft
ZIP code
94301
City
Palo Alto
Street
Forest Ave
Coordinates
37.44812, -122.15512

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
$10,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Forest Ave last sell?
616 Forest Ave most recently sold on Jul 1, 2022 for $1,750,000.
What is the current tax assessment for 616 Forest Ave?
The most recent total assessment for 616 Forest Ave (year 2025) is $1,929,942 with $24,178 in property tax.
How does 616 Forest Ave's assessment compare to its last sale price?
The current assessment is 10.3% above the last sale price of $1,750,000.
When was 616 Forest Ave built?
616 Forest Ave was built in 1977.
How does 616 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 616 Forest Ave?
616 Forest Ave is a 2 bed, 3 bath, 1,392 sqft, 630 sqft lot townhomes.
Is 616 Forest Ave a flip candidate?
No — 616 Forest Ave does not appear in our flips dataset.
Is 616 Forest Ave a tax-appeal candidate?
No — 616 Forest 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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