2991 Alexis Dr
Palo Alto, CA 94304
$4,066,984 Trulia Estimate

2991 Alexis Dr
Palo Alto, CA 94304

  • 2.5 baths
  • 2,633 sqft
  • 1.09 acres lot size
  • Single-Family Home
Off Market · Public Record
$4,066,984 Trulia Estimate
2991 Alexis Dr
  • 34
  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Santa Clara county.

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  • 78% of residents commute by car.

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  • 1 Shopping

    2 Arts & Entertainment

    7 Active Life

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  • Get a feel for the community.

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Off Market · Public Record

Home Details

Overview
  • Single-Family Home
  • 2.5 Baths
  • Built in 1978
  • 1.09 acres lot size
  • 2,633 sqft
Description

This property is no longer available to rent or buy. This description is from March 04, 2016
Fantastic Trophy Property directly across from the Palo Alto Country Club in the exclusive Palo Alto Hills neighborhood. Views of the city lights and bay from this one acre property. Zoned for a 6,000 sq. ft. estate home and a 900 sq. ft. cottage. Presently, the all redwood home was designed and is occupied by the original owner. The owners prefer to remain as tenants at market rate rents for the savvy investor. This investors opportunity offers market rent, zero upkeep, Palo Alto appreciation, and tax benefits.

Property Taxes and Assessment
Year
2017
Tax
$5,078.60
Assessments
$426,067
Land
$85,780
Improvements
$340,287
Total
$426,067
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 94304
$8,741,500
Median Sale Price for 94304
$5,200,000
Average Sale price/sqft for 94304
$697/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
0.25
Single-Family Home
$3,610,000
12/01/17
5
3.5
3,554
2.94
Single-Family Home
$3,825,000
12/28/17
3
3
2,629
3.96
Single-Family Home
$3,500,000
12/22/17
4
2
1,788
3.25
Single-Family Home
$3,690,000
01/10/18
4
3
1,957
5
Single-Family Home
$3,025,000
12/27/17
4
2
1,713
5.89
Single-Family Home
$3,600,000
12/28/17
2
2
1,400
5.17
Single-Family Home
$2,250,000
01/10/18
3
2
1,120
3.7
Single-Family Home
$2,440,000
01/11/18
3
1
1,476
3.5
Single-Family Home
$3,400,000
12/29/17
3
3.5
3,418
6.27
Single-Family Home
$1,440,000
12/22/17
2
1
970

Contact Info


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