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842 Forest Ave

Palo Alto, CA 94301

3 bd 2 ba 1,729 sqft Built 1940 Lot 5,241 sqft single_family
Most recent sale
$3,000,000
Nov 7, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 7, 2023 Sold $3,000,000 MLSListings
Oct 6, 2023 Listed $2,700,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,000 $2,856,000 $3,060,000 $36,895
2024 $204,000 $2,856,000 $3,060,000 $35,360
2023 $56,599 $42,381 $98,980 $1,215
2022 $55,490 $41,550 $97,040 $1,197
2021 $54,402 $40,736 $95,138 $1,170
2020 $53,845 $40,319 $94,164 $1,146
2019 $52,790 $39,529 $92,319 $1,133
2018 $51,755 $38,754 $90,509 $1,115
2017 $50,741 $37,995 $88,736 $1,094
2016 $49,747 $37,250 $86,997 $1,052
2015 $49,000 $36,691 $85,691 $1,041
2014 $48,041 $35,973 $84,014 $1,025
2013 $47,824 $35,811 $83,635 $1,023
2012 $46,887 $35,109 $81,996 $1,006
2010 $45,968 $34,421 $80,389 $949
2009 $45,734 $34,246 $79,980 $939
2008 $44,838 $33,575 $78,413 $893
2007 $43,959 $32,917 $76,876 $872

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,729 sqft
Lot size
5,241 sqft
ZIP code
94301
City
Palo Alto
Street
Forest Ave
Coordinates
37.45089, -122.15226

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$18,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 842 Forest Ave last sell?
842 Forest Ave most recently sold on Nov 7, 2023 for $3,000,000.
What is the current tax assessment for 842 Forest Ave?
The most recent total assessment for 842 Forest Ave (year 2025) is $3,060,000 with $36,895 in property tax.
How does 842 Forest Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $3,000,000.
When was 842 Forest Ave built?
842 Forest Ave was built in 1940.
How does 842 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 842 Forest Ave?
842 Forest Ave is a 3 bed, 2 bath, 1,729 sqft, 5,241 sqft lot single_family.
Is 842 Forest Ave a flip candidate?
No — 842 Forest Ave does not appear in our flips dataset.
Is 842 Forest Ave a tax-appeal candidate?
No — 842 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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