359 Iris Way
Palo Alto, CA 94303
3 bd 2 ba 1,362 sqft Built 1948 Lot 5,663 sqft single_family
Most recent sale
$3,460,000
Apr 9, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2024 | Sold | $3,460,000 | SanFrancisco |
| Mar 13, 2024 | Listed | $3,295,000 | SanFrancisco |
| Feb 8, 2017 | Listing removed | $6,000 | RentalRoost |
| Feb 11, 2016 | Listed for rent | $6,000 | RentalRoost |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $214,200 | $3,315,000 | $3,529,200 | $43,352 |
| 2024 | $214,200 | $3,315,000 | $3,529,200 | $39,946 |
| 2023 | $340,222 | $333,259 | $673,481 | $8,948 |
| 2022 | $333,551 | $326,725 | $660,276 | $8,838 |
| 2021 | $327,011 | $320,319 | $647,330 | $8,663 |
| 2020 | $323,658 | $317,035 | $640,693 | $8,497 |
| 2019 | $317,312 | $310,819 | $628,131 | $8,400 |
| 2018 | $311,091 | $304,725 | $615,816 | $8,185 |
| 2017 | $304,992 | $298,750 | $603,742 | $8,040 |
| 2016 | $299,012 | $292,893 | $591,905 | $7,825 |
| 2015 | $294,521 | $288,494 | $583,015 | $6,903 |
| 2014 | $288,752 | $282,843 | $571,595 | $6,793 |
| 2013 | $287,447 | $281,565 | $569,012 | $6,786 |
| 2012 | $281,811 | $276,045 | $557,856 | $6,656 |
| 2010 | $276,286 | $270,633 | $546,919 | $6,271 |
| 2009 | $274,874 | $269,250 | $544,124 | $6,206 |
| 2008 | $269,485 | $263,971 | $533,456 | $5,887 |
| 2007 | $264,201 | $258,796 | $522,997 | $5,785 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,362 sqft
Lot size
5,663 sqft
ZIP code
94303
City
Palo Alto
Street
Iris Way
Coordinates
37.44781, -122.13276
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$20,760
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 359 Iris Way last sell?
359 Iris Way most recently sold on Apr 9, 2024 for $3,460,000.
What is the current tax assessment for 359 Iris Way?
The most recent total assessment for 359 Iris Way (year 2025) is $3,529,200 with $43,352 in property tax.
How does 359 Iris Way's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $3,460,000.
When was 359 Iris Way built?
359 Iris Way was built in 1948.
How does 359 Iris Way compare to others on Iris Way?
We track 5 other properties on Iris Way. Browse the list under "Other properties on Iris Way" to compare beds, baths, and sale history.
What are the property facts for 359 Iris Way?
359 Iris Way is a 3 bed, 2 bath, 1,362 sqft, 5,663 sqft lot single_family.
Is 359 Iris Way a flip candidate?
No — 359 Iris Way does not appear in our flips dataset.
Is 359 Iris Way a tax-appeal candidate?
No — 359 Iris Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$2.18M
2026 Q4
$2.17M
ZIP 94303 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Iris Way