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121 Park Ave

Palo Alto, CA 94306

5 bd 5 ba 3,183 sqft Built 2012 Lot 5,000 sqft single_family
Most recent sale
$4,000,000
Jan 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 11, 2024 Sold $4,000,000 MLSListings
Oct 18, 2023 Price changed $4,188,000 MLSListings
Aug 11, 2023 Price changed $4,288,000 MLSListings
Jul 5, 2023 Listed $4,488,000 MLSListings
Mar 8, 2018 Sold $3,900,000 MLSListings
Feb 7, 2018 Listed $3,988,000 MLSListings
Dec 29, 2017 Listing removed $3,988,000 MLSListings
Dec 6, 2017 Listed $3,988,000 MLSListings
Apr 22, 2011 Sold $835,000 MLSListings
Mar 1, 2011 Listed $895,000 MLSListings
Sep 18, 1985 Sold $147,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $816,000 $3,264,000 $4,080,000 $49,969
2024 $816,000 $3,264,000 $4,080,000 $52,025
2023 $984,280 $3,280,937 $4,265,217 $51,262
2022 $964,981 $3,216,605 $4,181,586 $50,674
2021 $946,060 $3,153,535 $4,099,595 $49,676
2020 $936,360 $3,121,200 $4,057,560 $48,637
2019 $918,000 $3,060,000 $3,978,000 $48,104
2018 $1,126,631 $932,312 $2,058,943 $25,092
2017 $1,104,541 $914,032 $2,018,573 $24,651
2016 $1,082,884 $896,110 $1,978,994 $24,003
2015 $1,066,619 $882,650 $1,949,269 $23,768
2014 $1,045,726 $865,361 $1,911,087 $23,278
2013 $406,350 $861,451 $1,267,801 $15,709
2012 $86,700 $765,000 $851,700 $10,787
2010 $51,285 $170,971 $222,256 $3,236
2009 $51,023 $170,098 $221,121 $3,113
2008 $50,023 $166,763 $216,786 $2,981
2007 $49,043 $163,494 $212,537 $2,936

Property facts

Year built
2012
Property type
single_family
Stories
3
Beds
5
Baths
5
Living area
3,183 sqft
Lot size
5,000 sqft
ZIP code
94306
City
Palo Alto
Street
Park Ave
Coordinates
37.42994, -122.15073

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 Park Ave last sell?
121 Park Ave most recently sold on Jan 11, 2024 for $4,000,000.
What is the current tax assessment for 121 Park Ave?
The most recent total assessment for 121 Park Ave (year 2025) is $4,080,000 with $49,969 in property tax.
How does 121 Park Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $4,000,000.
When was 121 Park Ave built?
121 Park Ave was built in 2012.
How does 121 Park Ave compare to others on Park Ave?
We track 1 other property on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 121 Park Ave?
121 Park Ave is a 5 bed, 5 bath, 3,183 sqft, 5,000 sqft lot single_family.
Is 121 Park Ave a flip candidate?
No — 121 Park Ave does not appear in our flips dataset.
Is 121 Park Ave a tax-appeal candidate?
No — 121 Park 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

Explore nearby

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