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3868 Magnolia Dr

Palo Alto, CA 94306

3 bd 4 ba 1,998 sqft Built 1938 Lot 7,242 sqft single_family
Most recent sale
$2,725,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $2,725,000 MLS #ML81899268
Jul 7, 2022 Listed $2,695,000 MLS #ML81899268
Dec 3, 2009 Listing removed $1,175,000 MLSListings
Nov 20, 2009 Sold $1,215,000 Public Record
Oct 22, 2009 Listed $1,175,000 MLS #80950229

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,090 $2,601,000 $2,835,090 $35,014
2024 $234,090 $2,601,000 $2,835,090 $33,576
2023 $225,000 $2,500,000 $2,725,000 $33,081
2022 $376,827 $1,101,057 $1,477,884 $18,571
2021 $369,439 $1,079,468 $1,448,907 $18,205
2020 $365,651 $1,068,400 $1,434,051 $17,837
2019 $358,482 $1,047,451 $1,405,933 $17,638
2018 $351,453 $1,026,913 $1,378,366 $17,163
2017 $344,562 $1,006,778 $1,351,340 $16,861
2016 $337,806 $987,038 $1,324,844 $16,417
2015 $332,732 $972,212 $1,304,944 $16,255
2014 $326,215 $953,168 $1,279,383 $15,888
2013 $324,741 $948,861 $1,273,602 $15,861
2012 $258,300 $754,700 $1,013,000 $12,769
2010 $309,800 $905,200 $1,215,000 $14,667
2009 $79,016 $893,005 $972,021 $11,634
2008 $77,467 $875,496 $952,963 $11,060
2007 $75,949 $858,330 $934,279 $10,884

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
1,998 sqft
Lot size
7,242 sqft
ZIP code
94306
City
Palo Alto
Street
Magnolia Dr
Coordinates
37.41424, -122.13102

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$16,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3868 Magnolia Dr last sell?
3868 Magnolia Dr most recently sold on Aug 12, 2022 for $2,725,000.
What is the current tax assessment for 3868 Magnolia Dr?
The most recent total assessment for 3868 Magnolia Dr (year 2025) is $2,835,090 with $35,014 in property tax.
How does 3868 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $2,725,000.
When was 3868 Magnolia Dr built?
3868 Magnolia Dr was built in 1938.
How does 3868 Magnolia Dr compare to others on Magnolia Dr?
We track 6 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 3868 Magnolia Dr?
3868 Magnolia Dr is a 3 bed, 4 bath, 1,998 sqft, 7,242 sqft lot single_family.
Is 3868 Magnolia Dr a flip candidate?
No — 3868 Magnolia Dr does not appear in our flips dataset.
Is 3868 Magnolia Dr a tax-appeal candidate?
No — 3868 Magnolia Dr 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
+10.7%
Implied 1-yr
+42.8%
2026 Q3
$6.97M
2026 Q4
$7.41M
ZIP 94306 — Median Price History + Forecast

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