470 Martinsen Ct
Palo Alto, CA 94306
4 bd 2 ba 1,810 sqft Built 1960 Lot 7,304 sqft single_family
Most recent sale
$4,127,000
Feb 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 23, 2022 | Sold | $4,127,000 | MLS #ML81876769 |
| Feb 3, 2022 | Listed | $3,188,000 | MLS #ML81876769 |
| Apr 18, 1990 | Sold | $530,000 | Public Record |
| Feb 3, 1987 | Sold | $300,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $629,635 | $3,820,348 | $4,449,983 | $53,509 |
| 2024 | $629,635 | $3,820,348 | $4,449,983 | $51,281 |
| 2023 | $537,540 | $3,672,000 | $4,209,540 | $49,735 |
| 2022 | $454,399 | $827,560 | $1,281,959 | $15,303 |
| 2021 | $445,490 | $811,334 | $1,256,824 | $14,999 |
| 2020 | $440,923 | $803,015 | $1,243,938 | $14,681 |
| 2019 | $432,278 | $787,270 | $1,219,548 | $14,522 |
| 2018 | $423,802 | $771,834 | $1,195,636 | $14,125 |
| 2017 | $415,493 | $756,700 | $1,172,193 | $13,877 |
| 2016 | $407,347 | $741,863 | $1,149,210 | $13,504 |
| 2015 | $401,229 | $730,720 | $1,131,949 | $13,375 |
| 2014 | $393,370 | $716,407 | $1,109,777 | $13,243 |
| 2013 | $391,593 | $713,170 | $1,104,763 | $13,231 |
| 2012 | $383,915 | $699,187 | $1,083,102 | $12,977 |
| 2010 | $373,575 | $680,355 | $1,053,930 | $12,227 |
| 2009 | $374,463 | $681,972 | $1,056,435 | $12,020 |
| 2008 | $367,121 | $668,600 | $1,035,721 | $11,399 |
| 2007 | $359,923 | $655,491 | $1,015,414 | $11,208 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,810 sqft
Lot size
7,304 sqft
ZIP code
94306
City
Palo Alto
Street
Martinsen Ct
Coordinates
37.42740, -122.12727
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$24,762
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 470 Martinsen Ct last sell?
470 Martinsen Ct most recently sold on Feb 23, 2022 for $4,127,000.
What is the current tax assessment for 470 Martinsen Ct?
The most recent total assessment for 470 Martinsen Ct (year 2025) is $4,449,983 with $53,509 in property tax.
How does 470 Martinsen Ct's assessment compare to its last sale price?
The current assessment is 7.8% above the last sale price of $4,127,000.
When was 470 Martinsen Ct built?
470 Martinsen Ct was built in 1960.
How does 470 Martinsen Ct compare to others on Martinsen Ct?
We do not currently track other properties on Martinsen Ct.
What are the property facts for 470 Martinsen Ct?
470 Martinsen Ct is a 4 bed, 2 bath, 1,810 sqft, 7,304 sqft lot single_family.
Is 470 Martinsen Ct a flip candidate?
No — 470 Martinsen Ct does not appear in our flips dataset.
Is 470 Martinsen Ct a tax-appeal candidate?
No — 470 Martinsen Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography