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242 Ramona St

Palo Alto, CA 94301

4 bd 1,402 sqft Built 1915 Lot 5,717 sqft multi_family
Most recent sale
$2,890,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $2,890,000 MLS #ML81880322
Mar 1, 2022 Listed $2,988,000 MLS #ML81880322
Jul 1, 1996 Sold $71,500 Public Record
Mar 26, 1992 Sold $475,000 Public Record
Sep 1, 1989 Sold $74,500 Public Record
Aug 30, 1989 Sold $450,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $212,241 $2,854,649 $3,066,890 $37,886
2024 $212,241 $2,854,649 $3,066,890 $36,330
2023 $204,000 $2,743,800 $2,947,800 $35,797
2022 $208,280 $583,220 $791,500 $10,404
2021 $204,197 $571,785 $775,982 $10,198
2020 $202,104 $565,923 $768,027 $10,000
2019 $198,142 $554,827 $752,969 $9,886
2018 $194,257 $543,949 $738,206 $9,630
2017 $190,449 $533,284 $723,733 $9,460
2016 $186,715 $522,828 $709,543 $9,208
2015 $183,911 $514,975 $698,886 $9,113
2014 $180,309 $504,888 $685,197 $8,862
2013 $179,495 $502,607 $682,102 $8,841
2012 $175,976 $492,752 $668,728 $8,685
2010 $172,526 $483,091 $655,617 $8,184
2009 $171,644 $480,621 $652,265 $8,009
2008 $168,279 $471,198 $639,477 $7,623
2007 $164,980 $461,959 $626,939 $7,504

Property facts

Year built
1915
Property type
multi_family
Stories
1
Beds
4
Baths
Living area
1,402 sqft
Lot size
5,717 sqft
ZIP code
94301
City
Palo Alto
Street
Ramona St
Coordinates
37.44697, -122.16531

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 242 Ramona St last sell?
242 Ramona St most recently sold on Mar 31, 2022 for $2,890,000.
What is the current tax assessment for 242 Ramona St?
The most recent total assessment for 242 Ramona St (year 2025) is $3,066,890 with $37,886 in property tax.
How does 242 Ramona St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $2,890,000.
When was 242 Ramona St built?
242 Ramona St was built in 1915.
How does 242 Ramona St compare to others on Ramona St?
We track 8 other properties on Ramona St. Browse the list under "Other properties on Ramona St" to compare beds, baths, and sale history.
What are the property facts for 242 Ramona St?
242 Ramona St is a 4 bed, 1,402 sqft, 5,717 sqft lot multi_family.
Is 242 Ramona St a flip candidate?
No — 242 Ramona St does not appear in our flips dataset.
Is 242 Ramona St a tax-appeal candidate?
No — 242 Ramona St 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
+8.4%
Implied 1-yr
+33.5%
2026 Q3
$10.53M
2026 Q4
$11.1M
ZIP 94301 — Median Price History + Forecast

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