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485 Marion Ave

Palo Alto, CA 94301

4 bd 2 ba 2,066 sqft Built 1945 Lot 5,849 sqft single_family
Most recent sale
$3,862,500
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $3,862,500 MLS #ML81886602
Apr 12, 2022 Listed $3,999,888 MLS #ML81886602
Sep 18, 1984 Sold $176,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $490,808 $3,608,107 $4,098,915 $50,280
2024 $490,808 $3,608,107 $4,098,915 $48,208
2023 $471,750 $3,468,000 $3,939,750 $47,502
2022 $265,000 $3,360,000 $3,625,000 $44,132
2021 $229,566 $168,874 $398,440 $5,700
2020 $227,213 $167,143 $394,356 $5,598
2019 $222,758 $163,866 $386,624 $5,532
2018 $218,391 $160,653 $379,044 $5,398
2017 $214,109 $157,503 $371,612 $5,220
2016 $209,911 $154,415 $364,326 $5,077
2015 $206,758 $152,096 $358,854 $5,019
2014 $202,708 $149,117 $351,825 $4,832
2013 $201,792 $148,444 $350,236 $4,814
2012 $197,836 $145,534 $343,370 $4,735
2010 $192,508 $141,615 $334,123 $4,462
2009 $192,966 $141,952 $334,918 $4,325
2008 $189,183 $139,169 $328,352 $4,129
2007 $185,474 $136,441 $321,915 $4,064

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,066 sqft
Lot size
5,849 sqft
ZIP code
94301
City
Palo Alto
Street
Marion Ave
Coordinates
37.43234, -122.13469

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$23,175
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 485 Marion Ave last sell?
485 Marion Ave most recently sold on May 31, 2022 for $3,862,500.
What is the current tax assessment for 485 Marion Ave?
The most recent total assessment for 485 Marion Ave (year 2025) is $4,098,915 with $50,280 in property tax.
How does 485 Marion Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $3,862,500.
When was 485 Marion Ave built?
485 Marion Ave was built in 1945.
How does 485 Marion Ave compare to others on Marion Ave?
We track 8 other properties on Marion Ave. Browse the list under "Other properties on Marion Ave" to compare beds, baths, and sale history.
What are the property facts for 485 Marion Ave?
485 Marion Ave is a 4 bed, 2 bath, 2,066 sqft, 5,849 sqft lot single_family.
Is 485 Marion Ave a flip candidate?
No — 485 Marion Ave does not appear in our flips dataset.
Is 485 Marion Ave a tax-appeal candidate?
No — 485 Marion 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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