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631 Forest Ave

Palo Alto, CA 94301

2 bd 2 ba 1,136 sqft Built 1974 townhomes
Most recent sale
$1,465,000
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $1,465,000 MLSListings
Mar 10, 2024 Price changed $1,480,000 MLSListings
Feb 21, 2024 Listed $1,498,000 MLSListings
Sep 16, 2021 Listing removed ShowMojo
Sep 8, 2021 Price changed (rent) $4,395 ShowMojo
Aug 25, 2021 Listed for rent $4,595 ShowMojo
Jun 8, 2010 Sold $699,000 Public Record
May 18, 2010 Listing removed $699,000 MLSListings
May 13, 2010 Price changed $699,000 MLSListings
Mar 18, 2010 Listed $739,888 MLSListings
Sep 4, 1980 Sold $147,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $747,150 $747,150 $1,494,300 $18,861
2024 $747,150 $747,150 $1,494,300 $11,280
2023 $433,618 $433,618 $867,236 $11,110
2022 $425,116 $425,116 $850,232 $10,975
2021 $416,781 $416,781 $833,562 $10,758
2020 $412,508 $412,508 $825,016 $10,547
2019 $404,420 $404,420 $808,840 $10,425
2018 $396,491 $396,491 $792,982 $10,152
2017 $388,717 $388,717 $777,434 $9,972
2016 $381,096 $381,096 $762,192 $9,705
2015 $375,372 $375,372 $750,744 $9,605
2014 $368,019 $368,019 $736,038 $9,344
2013 $366,356 $366,356 $732,712 $9,323
2012 $359,173 $359,173 $718,346 $9,156
2010 $352,131 $352,131 $704,262 $3,411
2009 $127,627 $118,335 $245,962 $3,287
2008 $125,125 $116,015 $241,140 $3,144
2007 $122,672 $113,741 $236,413 $3,095

Property facts

Year built
1974
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,136 sqft
Lot size
ZIP code
94301
City
Palo Alto
Street
Forest Ave
Coordinates
37.44865, -122.15544

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
$8,790
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 631 Forest Ave last sell?
631 Forest Ave most recently sold on Apr 11, 2024 for $1,465,000.
What is the current tax assessment for 631 Forest Ave?
The most recent total assessment for 631 Forest Ave (year 2025) is $1,494,300 with $18,861 in property tax.
How does 631 Forest Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $1,465,000.
When was 631 Forest Ave built?
631 Forest Ave was built in 1974.
How does 631 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 631 Forest Ave?
631 Forest Ave is a 2 bed, 2 bath, 1,136 sqft townhomes.
Is 631 Forest Ave a flip candidate?
No — 631 Forest Ave does not appear in our flips dataset.
Is 631 Forest Ave a tax-appeal candidate?
No — 631 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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