1037 Amarillo Ave Palo Alto, CA 94303
Midtown Palo Alto NeighborhoodEstimated payment $21,697/month
Total Views
17,889
3
Beds
2
Baths
1,540
Sq Ft
$1,947
Price per Sq Ft
Highlights
- Wood Flooring
- Corian Countertops
- Washer and Dryer
- Palo Verde Elementary School Rated A+
- 3 Car Detached Garage
- 4-minute walk to Greer Park
About This Home
Unique opportunity to purchase a deep 10,000+ SqFt lot in Palo Alto. Residential single family / detached. Nestled along a peaceful street! Build your dream luxury home and ADU. Transform the expansive back yard into your very own oasis. No significant or heritage trees. Walking distance to Greer Park, minutes from Midtown & Town and Country Shopping Center. Two blocks from sought-after elementary choice programs including Mandarin immersion at Ohlone school (check with Palo Alto district for admission requirements.) Currently includes 2 charming, well-maintained, cottages with spacious individual private yards: one 2-bedroom/1-bath and one 1-bedroom/1- bath. Including 1037 & 1035 and both homes feature hardwood floors, tiled kitchens and bathrooms, inside laundry rooms, updated galley kitchens with quartz counter tops, gas range and dishwasher. Desirable location for renters to generate income as investment or during development planning phase. Convenient to Caltrain, Stanford, 101, commute routes & leading tech campuses such as Apple, Google and Meta. Award-winning Palo Alto schools. Buyers should research ADU and Common Interest regulations to maximize profit. Don't miss this exceptional property in a desirable location, with potential galore!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $63,329
Year Built
- Built in 1947
Lot Details
- 10,115 Sq Ft Lot
- Zoning described as R1
Parking
- 3 Car Detached Garage
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Dining Area
Kitchen
- Gas Oven
- Dishwasher
- Corian Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 127-02-006
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $63,329 | $5,306,039 | $5,284,815 | $21,224 |
| 2023 | $62,403 | $5,202,000 | $5,181,192 | $20,808 |
| 2022 | $61,693 | $5,100,000 | $5,079,600 | $20,400 |
| 2021 | $3,544 | $217,235 | $103,281 | $113,954 |
| 2020 | $3,488 | $215,008 | $102,222 | $112,786 |
| 2019 | $3,444 | $210,793 | $100,218 | $110,575 |
| 2018 | $3,370 | $206,660 | $98,253 | $108,407 |
| 2017 | $3,309 | $202,609 | $96,327 | $106,282 |
| 2016 | $3,217 | $198,638 | $94,439 | $104,199 |
| 2015 | $3,179 | $195,655 | $93,021 | $102,634 |
| 2014 | $3,023 | $191,823 | $91,199 | $100,624 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $2,999,000 | 0.0% | $1,947 / Sq Ft |
| 07/30/2021 07/30/21 | Rented | $3,950 | 0.0% | -- |
| 06/18/2021 06/18/21 | Price Changed | $3,950 | -3.7% | $5 / Sq Ft |
| 05/17/2021 05/17/21 | Price Changed | $4,100 | -2.4% | $5 / Sq Ft |
| 05/09/2021 05/09/21 | For Rent | $4,200 | -- | -- |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Grant Deed | $5,000,000 | Chicago Title Company | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in Palo Alto, CA
Source: MLSListings
MLS Number: ML82014527
APN: 127-02-006
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