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940 Matadero Ave

Palo Alto, CA 94306

4 bd 2 ba 2,411 sqft Built 1951 Lot 43,704 sqft single_family
Most recent sale
$6,200,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $6,200,000 MLS #ML81879413
Feb 23, 2022 Listed $5,995,000 MLS #ML81879413
Jan 29, 2001 Sold $712,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $212,241 $6,367,248 $6,579,489 $79,180
2024 $212,241 $6,367,248 $6,579,489 $75,884
2023 $204,000 $6,120,000 $6,324,000 $74,779
2022 $600,000 $4,375,000 $4,975,000 $59,354
2021 $119,719 $63,360 $183,079 $2,221
2020 $118,492 $62,711 $181,203 $2,174
2019 $116,169 $61,482 $177,651 $2,150
2018 $113,892 $60,277 $174,169 $2,104
2017 $111,659 $59,096 $170,755 $2,066
2016 $109,470 $57,938 $167,408 $1,999
2015 $107,826 $57,068 $164,894 $1,979
2014 $105,714 $55,951 $161,665 $2,586
2013 $105,237 $55,699 $160,936 $2,570
2012 $103,174 $54,607 $157,781 $2,535
2010 $100,396 $53,137 $153,533 $2,389
2009 $100,635 $53,264 $153,899 $2,275
2008 $98,662 $52,220 $150,882 $2,186
2007 $96,728 $51,197 $147,925 $2,151

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,411 sqft
Lot size
43,704 sqft
ZIP code
94306
City
Palo Alto
Street
Matadero Ave
Coordinates
37.41125, -122.14212

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$37,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 940 Matadero Ave last sell?
940 Matadero Ave most recently sold on Mar 16, 2022 for $6,200,000.
What is the current tax assessment for 940 Matadero Ave?
The most recent total assessment for 940 Matadero Ave (year 2025) is $6,579,489 with $79,180 in property tax.
How does 940 Matadero Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $6,200,000.
When was 940 Matadero Ave built?
940 Matadero Ave was built in 1951.
How does 940 Matadero Ave compare to others on Matadero Ave?
We track 8 other properties on Matadero Ave. Browse the list under "Other properties on Matadero Ave" to compare beds, baths, and sale history.
What are the property facts for 940 Matadero Ave?
940 Matadero Ave is a 4 bed, 2 bath, 2,411 sqft, 43,704 sqft lot single_family.
Is 940 Matadero Ave a flip candidate?
No — 940 Matadero Ave does not appear in our flips dataset.
Is 940 Matadero Ave a tax-appeal candidate?
No — 940 Matadero 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
+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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