$3,287,000 - $6,671,832
RENTED FEB 6, 2025
1 Bed
1 Bath
400 Sq Ft
$13,457 Price per Sq Ft

Highlights

  • Garden View
  • Dining Room
  • Heating Available
  • Duveneck Elementary School Rated A+
  • Washer and Dryer
  • 1-Story Property

About This Home

As of February 2025

Charming Studio Cottage in Prestigious Crescent Park, Palo Alto: Discover this delightful studio cottage nestled in the backyard of a home off University Ave, located in the highly sought-after Crescent Park neighborhood of Palo Alto. This cozy cottage offers a comfortable living space with a kitchen, a full bathroom, and convenient storage. Enjoy the convenience of a dedicated parking space on the driveway, followed by a walk through a charming garden pathway leading to the cottage. The main studio room features a sliding door that fills the space with natural light, creating a warm and inviting atmosphere. Laundry facilities are shared with the owner in the main house. Enjoy the unbeatable location with easy access to Highway 101 and a quick commute to Stanford University. A short stroll takes you to vibrant Downtown Palo Alto on University Ave, offering an array of dining, shopping, and entertainment options.

Last Agent to Rent the Property

Maggie Ma

Keller Williams Palo Alto License #02117367 Listed on: 12/01/2024

Keller Williams Palo Alto

Last Renter's Agent

Maggie Ma

Keller Williams Palo Alto License #02117367 Listed on: 12/01/2024

Keller Williams Palo Alto

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,128

Year Built

  • 1938

Lot Details

  • 0.31

Parking

  • 1 Parking Space

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Garden Views
  • Gas Cooktop
  • Washer and Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heating Available

Community Details

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 12/1/24
  • Rent includes electricity, gas, heat, sewer, trash removal, water
  • 6-Month Min and 24-Month Max Lease Term

Property Details

Property Type

Other

Est. Annual Taxes

$13,128

Year Built

1938

Lot Details

0

Rental Info

  • Available: 12/01/2024
  • Lease Terms: Deposit Required, Option To Renew
  • Maximum Lease Months: 24
  • Minimum Lease Months: 6
  • Rent Includes: Electricity, Gas, Heat, Sewer, Trash Removal, Water
  • Security Deposit: 5000

Listing Details

  • Subclass: Other Rental Property
  • Age: 86
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 400
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1938

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Informal Dining Room
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 400
  • Stories: 1
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • View: Garden / Greenbelt

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Electric

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2016
Sold by
Almond Richard
Bought by
Almond Richard
Current Estimated Value
$5,382,958

Purchase Details

Closed on
Nov 18, 2015
Sold by
Almond Richard J and Almond Barbara R
Bought by
Richard J Almond & Barbara R Almond Trus and Almond Barbara
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Almond Richard -- None Available
Richard J Almond & Barbara R Almond Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Almond Richard J $100,000
Closed Almond Richard J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Rented $2,650 +12.8% --
01/26/2025 01/26/25 Under Contract -- -- --
12/01/2024 12/01/24 For Rent $2,350 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2025 $13,128 $1,058,899 $536,901 $521,998
2024 $13,128 $1,038,137 $526,374 $511,763
2023 $12,931 $1,017,782 $516,053 $501,729
2022 $12,774 $997,827 $505,935 $491,892
2021 $12,520 $978,263 $496,015 $482,248
2020 $12,272 $968,233 $490,929 $477,304
2019 $12,132 $949,249 $481,303 $467,946
2018 $11,810 $930,637 $471,866 $458,771
2017 $11,600 $912,390 $462,614 $449,776
2016 $11,291 $894,501 $453,544 $440,957
2015 $11,176 $881,066 $446,732 $434,334
2014 $10,889 $863,808 $437,982 $425,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987643

MLSListings

APN: 003-08-041