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4148 Old Trace Rd

Palo Alto, CA 94306

4 bd 4 ba 3,588 sqft Built 1945 Lot 52,242 sqft single_family
Most recent sale
$7,200,000
Nov 9, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2023 Listing removed MLSListings
Nov 9, 2023 Sold $7,200,000 MLSListings
Oct 24, 2023 Listed $7,900,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,020,000 $6,324,000 $7,344,000 $88,365
2024 $1,020,000 $6,324,000 $7,344,000 $84,686
2023 $450,871 $63,707 $514,578 $6,125
2022 $442,031 $62,458 $504,489 $6,052
2021 $433,364 $61,234 $494,598 $5,930
2020 $428,921 $60,607 $489,528 $5,804
2019 $420,511 $59,419 $479,930 $6,561
2018 $412,266 $58,254 $470,520 $6,397
2017 $404,183 $57,112 $461,295 $6,282
2016 $396,258 $55,993 $452,251 $6,111
2015 $390,306 $55,152 $445,458 $6,044
2014 $382,661 $54,072 $436,733 $5,841
2013 $380,932 $53,828 $434,760 $5,822
2012 $373,463 $52,773 $426,236 $5,723
2010 $366,141 $51,739 $417,880 $5,392
2009 $364,269 $51,475 $415,744 $5,247
2008 $357,127 $50,466 $407,593 $5,003
2007 $350,125 $49,477 $399,602 $5,000

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,588 sqft
Lot size
52,242 sqft
ZIP code
94306
City
Palo Alto
Street
Old Trace Rd
Coordinates
37.39495, -122.13780

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$43,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4148 Old Trace Rd last sell?
4148 Old Trace Rd most recently sold on Nov 9, 2023 for $7,200,000.
What is the current tax assessment for 4148 Old Trace Rd?
The most recent total assessment for 4148 Old Trace Rd (year 2025) is $7,344,000 with $88,365 in property tax.
How does 4148 Old Trace Rd's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $7,200,000.
When was 4148 Old Trace Rd built?
4148 Old Trace Rd was built in 1945.
How does 4148 Old Trace Rd compare to others on Old Trace Rd?
We track 4 other properties on Old Trace Rd. Browse the list under "Other properties on Old Trace Rd" to compare beds, baths, and sale history.
What are the property facts for 4148 Old Trace Rd?
4148 Old Trace Rd is a 4 bed, 4 bath, 3,588 sqft, 52,242 sqft lot single_family.
Is 4148 Old Trace Rd a flip candidate?
No — 4148 Old Trace Rd does not appear in our flips dataset.
Is 4148 Old Trace Rd a tax-appeal candidate?
No — 4148 Old Trace Rd 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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