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3722 Heron Way

Palo Alto, CA 94303

3 bd 3 ba 1,218 sqft Built 2007 Lot 722 sqft townhomes
Most recent sale
$1,860,000
Mar 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 9, 2022 Sold $1,860,000 MLSListings
Mar 9, 2022 Listed $1,688,888 MLS #ML81872797
Mar 7, 2022 Sold $1,860,000 Public Record
Feb 2, 2022 Listing removed $1,698,888 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $907,500 $907,500 $1,815,000 $22,714
2024 $907,500 $907,500 $1,815,000 $22,441
2023 $925,000 $925,000 $1,850,000 $22,710
2022 $544,134 $544,133 $1,088,267 $13,892
2021 $533,465 $533,464 $1,066,929 $13,619
2020 $527,995 $527,994 $1,055,989 $13,348
2019 $517,643 $517,642 $1,035,285 $13,198
2018 $507,494 $507,493 $1,014,987 $12,848
2017 $497,544 $497,543 $995,087 $12,622
2016 $487,789 $487,788 $975,577 $12,288
2015 $480,462 $480,461 $960,923 $12,165
2014 $471,051 $471,050 $942,101 $11,865
2013 $459,500 $459,500 $919,000 $11,618
2012 $386,000 $386,000 $772,000 $9,794
2010 $372,600 $372,400 $745,000 $9,155
2009 $448,409 $448,408 $896,817 $10,142
2008 $439,617 $439,616 $879,233 $3,503
2007 $243,066 $243,066 $3,222

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,218 sqft
Lot size
722 sqft
ZIP code
94303
City
Palo Alto
Street
Heron Way
Coordinates
37.42899, -122.10575

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
$11,160
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3722 Heron Way last sell?
3722 Heron Way most recently sold on Mar 7, 2022 for $1,860,000.
What is the current tax assessment for 3722 Heron Way?
The most recent total assessment for 3722 Heron Way (year 2025) is $1,815,000 with $22,714 in property tax.
How does 3722 Heron Way's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $1,860,000.
When was 3722 Heron Way built?
3722 Heron Way was built in 2007.
How does 3722 Heron Way compare to others on Heron Way?
We track 4 other properties on Heron Way. Browse the list under "Other properties on Heron Way" to compare beds, baths, and sale history.
What are the property facts for 3722 Heron Way?
3722 Heron Way is a 3 bed, 3 bath, 1,218 sqft, 722 sqft lot townhomes.
Is 3722 Heron Way a flip candidate?
No — 3722 Heron Way does not appear in our flips dataset.
Is 3722 Heron Way a tax-appeal candidate?
No — 3722 Heron Way 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
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$2.18M
2026 Q4
$2.17M
ZIP 94303 — Median Price History + Forecast

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