124 Monroe Dr
Palo Alto, CA 94306
5 bd 3 ba 2,000 sqft Built 1952 Lot 6,000 sqft single_family
Most recent sale
$2,495,000
Jan 12, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 12, 2024 | Sold | $2,495,000 | BayEast |
| Feb 7, 2002 | Sold | $548,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $417,180 | $2,147,100 | $2,564,280 | $13,374 |
| 2023 | $681,405 | $389,053 | $1,070,458 | $13,131 |
| 2022 | $668,045 | $381,425 | $1,049,470 | $12,987 |
| 2021 | $654,947 | $373,947 | $1,028,894 | $13,055 |
| 2020 | $519,873 | $370,113 | $889,986 | $11,608 |
| 2019 | $362,856 | $362,856 | $725,712 | $9,373 |
| 2018 | $355,742 | $355,742 | $711,484 | $9,354 |
| 2017 | $348,767 | $348,767 | $697,534 | $9,023 |
| 2016 | $341,929 | $341,929 | $683,858 | $8,782 |
| 2015 | $336,793 | $336,793 | $673,586 | $8,671 |
| 2014 | $330,196 | $330,196 | $660,392 | $8,588 |
| 2013 | $328,704 | $328,704 | $657,408 | $8,538 |
| 2012 | $322,259 | $322,259 | $644,518 | $8,408 |
| 2010 | $315,941 | $315,941 | $631,882 | $8,111 |
| 2009 | $314,325 | $314,325 | $628,650 | $7,995 |
| 2008 | $308,162 | $308,162 | $616,324 | $7,637 |
| 2007 | $302,120 | $302,120 | $604,240 | $7,511 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,000 sqft
Lot size
6,000 sqft
ZIP code
94306
City
Palo Alto
Street
Monroe Dr
Coordinates
37.40664, -122.11702
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$14,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 124 Monroe Dr last sell?
124 Monroe Dr most recently sold on Jan 12, 2024 for $2,495,000.
What is the current tax assessment for 124 Monroe Dr?
The most recent total assessment for 124 Monroe Dr (year 2024) is $2,564,280 with $13,374 in property tax.
How does 124 Monroe Dr's assessment compare to its last sale price?
The current assessment is 2.8% above the last sale price of $2,495,000.
When was 124 Monroe Dr built?
124 Monroe Dr was built in 1952.
How does 124 Monroe Dr compare to others on Monroe Dr?
We track 8 other properties on Monroe Dr. Browse the list under "Other properties on Monroe Dr" to compare beds, baths, and sale history.
What are the property facts for 124 Monroe Dr?
124 Monroe Dr is a 5 bed, 3 bath, 2,000 sqft, 6,000 sqft lot single_family.
Is 124 Monroe Dr a flip candidate?
No — 124 Monroe Dr does not appear in our flips dataset.
Is 124 Monroe Dr a tax-appeal candidate?
No — 124 Monroe Dr 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
Explore nearby
Geography
Other properties on Monroe Dr