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640 Forest Ave

Palo Alto, CA 94301

2 bd 2 ba 1,154 sqft Built 1959 condos
Most recent sale
$1,215,000
Jan 31, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2024 Sold $1,215,000 MLSListings
Jan 14, 2024 Listed $998,000 MLSListings
Jun 22, 1982 Sold $119,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $619,650 $619,650 $1,239,300 $15,881
2024 $619,650 $619,650 $1,239,300 $3,869
2023 $129,979 $111,696 $241,675 $3,808
2022 $127,431 $109,506 $236,937 $3,757
2021 $124,933 $107,359 $232,292 $3,683
2020 $123,652 $106,259 $229,911 $3,624
2019 $121,228 $104,176 $225,404 $3,578
2018 $118,851 $102,134 $220,985 $3,500
2017 $116,521 $100,132 $216,653 $3,437
2016 $114,237 $98,169 $212,406 $3,342
2015 $112,522 $96,695 $209,217 $3,303
2014 $110,318 $94,801 $205,119 $3,145
2013 $109,820 $94,373 $204,193 $3,130
2012 $107,667 $92,523 $200,190 $3,086
2010 $105,556 $90,709 $196,265 $2,910
2009 $105,017 $90,246 $195,263 $2,790
2008 $102,958 $88,477 $191,435 $2,675
2007 $100,940 $86,743 $187,683 $2,635

Property facts

Year built
1959
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,154 sqft
Lot size
ZIP code
94301
City
Palo Alto
Street
Forest Ave
Coordinates
37.44836, -122.15474

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
$3,693
Gross rental yield
3.65%
Implied cap rate
2.37%
Trend-extrapolated value

Frequently asked questions

When did 640 Forest Ave last sell?
640 Forest Ave most recently sold on Jan 31, 2024 for $1,215,000.
What is the current tax assessment for 640 Forest Ave?
The most recent total assessment for 640 Forest Ave (year 2025) is $1,239,300 with $15,881 in property tax.
How does 640 Forest Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $1,215,000.
When was 640 Forest Ave built?
640 Forest Ave was built in 1959.
How does 640 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 640 Forest Ave?
640 Forest Ave is a 2 bed, 2 bath, 1,154 sqft condos.
Is 640 Forest Ave a flip candidate?
No — 640 Forest Ave does not appear in our flips dataset.
Is 640 Forest Ave a tax-appeal candidate?
No — 640 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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