1554 Walnut Dr
Palo Alto, CA 94303
5 bd 5 ba 2,968 sqft Built 1951 Lot 8,699 sqft single_family
Most recent sale
$4,775,000
Feb 29, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 1, 2024 | Listed | $4,860,000 | MLSListings |
| Feb 29, 2024 | Sold | $4,775,000 | MLSListings |
| Jul 12, 2019 | Sold | $4,350,000 | MLSListings |
| Jun 25, 2019 | Relisted | $4,598,000 | MLSListings |
| Jun 19, 2019 | Listing removed | — | MLSListings |
| May 1, 2019 | Price changed | $4,598,000 | MLSListings |
| Feb 14, 2019 | Listed | $4,998,000 | MLSListings |
| Dec 1, 2016 | Listing removed | $10,000 | MLSListings |
| Oct 22, 2016 | Price changed (rent) | $9,900 | MLSListings |
| Sep 23, 2016 | Price changed (rent) | $10,500 | MLSListings |
| Aug 26, 2016 | Listed for rent | $11,000 | MLSListings |
| Mar 15, 2016 | Listing removed | $11,000 | MLSListings |
| Mar 11, 2016 | Listed for rent | $11,000 | MLSListings |
| Jan 13, 2014 | Listing removed | $9,250 | MLSListings |
| Sep 20, 2013 | Listing removed | $10,900 | MLSListings |
| Aug 19, 2013 | Price changed (rent) | $10,900 | MLSListings |
| Jun 14, 2013 | Listed for rent | $11,000 | MLSListings |
| Jun 28, 2012 | Listing removed | $9,640 | MLSListings |
| Jun 18, 2012 | Listed for rent | $9,800 | MLSListings |
| Jan 29, 1988 | Sold | $450,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $459,000 | $4,411,500 | $4,870,500 | $59,550 |
| 2024 | $459,000 | $4,411,500 | $4,870,500 | $55,789 |
| 2023 | $157,676 | $4,414,949 | $4,572,625 | $54,972 |
| 2022 | $154,585 | $4,328,382 | $4,482,967 | $54,345 |
| 2021 | $151,554 | $4,243,512 | $4,395,066 | $53,194 |
| 2020 | $150,000 | $4,200,000 | $4,350,000 | $52,080 |
| 2019 | $434,851 | $428,972 | $863,823 | $11,199 |
| 2018 | $426,325 | $420,561 | $846,886 | $10,905 |
| 2017 | $417,966 | $412,315 | $830,281 | $10,713 |
| 2016 | $409,771 | $404,231 | $814,002 | $10,429 |
| 2015 | $403,616 | $398,160 | $801,776 | $10,322 |
| 2014 | $395,710 | $390,361 | $786,071 | $10,051 |
| 2013 | $393,922 | $388,597 | $782,519 | $10,029 |
| 2012 | $386,199 | $380,978 | $767,177 | $9,767 |
| 2010 | $378,627 | $373,508 | $752,135 | $9,202 |
| 2009 | $376,691 | $371,598 | $748,289 | $9,016 |
| 2008 | $369,305 | $364,312 | $733,617 | $8,576 |
| 2007 | $362,064 | $357,169 | $719,233 | $8,440 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
5
Baths
5
Living area
2,968 sqft
Lot size
8,699 sqft
ZIP code
94303
City
Palo Alto
Street
Walnut Dr
Coordinates
37.44559, -122.13734
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$28,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1554 Walnut Dr last sell?
1554 Walnut Dr most recently sold on Feb 29, 2024 for $4,775,000.
What is the current tax assessment for 1554 Walnut Dr?
The most recent total assessment for 1554 Walnut Dr (year 2025) is $4,870,500 with $59,550 in property tax.
How does 1554 Walnut Dr's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $4,775,000.
When was 1554 Walnut Dr built?
1554 Walnut Dr was built in 1951.
How does 1554 Walnut Dr compare to others on Walnut Dr?
We track 7 other properties on Walnut Dr. Browse the list under "Other properties on Walnut Dr" to compare beds, baths, and sale history.
What are the property facts for 1554 Walnut Dr?
1554 Walnut Dr is a 5 bed, 5 bath, 2,968 sqft, 8,699 sqft lot single_family.
Is 1554 Walnut Dr a flip candidate?
No — 1554 Walnut Dr does not appear in our flips dataset.
Is 1554 Walnut Dr a tax-appeal candidate?
No — 1554 Walnut 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
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$2.18M
2026 Q4
$2.17M
ZIP 94303 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Walnut Dr