
1555 Alma St Palo Alto, CA 94301
Old Palo Alto NeighborhoodEstimated payment $17,945/month
Highlights
- Wine Cellar
- Deck
- Wood Flooring
- Walter Hays Elementary Rated A+
- Traditional Architecture
- Main Floor Bedroom
About This Home
Nestled in the heart of Palo Alto, this charming 3b/1b 1316 sf 1.5-story home on a beautifully landscaped 5672 lot offers the perfect blend of comfort, convenience, and character. Situated within the highly-rated Palo Alto school district (Walter Hays, Greene Middle, & Palo Alto High), this location offers well-connected community opportunities. Just a short walk from the nearby train station, commuting and exploring the Bay Area is a breeze. The home is located in a highly walkable neighborhood with cafes, shops, and parks just steps away. Inside, a stylish color palette featuring soft neutrals, warm wood tones, and clean modern finishes creates a welcoming and timeless atmosphere. The finished lower level offers flexible space ideal for a home office, media room, or guest suite. A modern tankless water heater ensures energy efficiency, while the beautifully landscaped backyard enclosed by a rich wood fence offers a private oasis for outdoor dining, gardening, or simply relaxing. With its spacious outdoor setting and thoughtfully updated features, this home is an exceptional find in one of Silicon Valleys most desirable communities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,188
Year Built
- Built in 1937
Lot Details
- 5,658 Sq Ft Lot
- Kennel or Dog Run
- Wood Fence
- Sprinklers on Timer
- Mostly Level
- Drought Tolerant Landscaping
- Back Yard
- Zoning described as RM2
Parking
- 4 Parking Spaces
Home Design
- Traditional Architecture
- Spanish Architecture
- Mediterranean Architecture
- Wood Frame Construction
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,316 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Garden Windows
- Formal Entry
- Wine Cellar
- Formal Dining Room
- Den
- Storage Room
- Electric Dryer Hookup
- Utility Room
- Neighborhood Views
- Attic
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Remodeled Bathroom
- 2 Full Bathrooms
- Solid Surface Bathroom Countertops
- Bathtub with Shower
- Bathtub Includes Tile Surround
Outdoor Features
- Balcony
- Deck
- Barbecue Area
Utilities
- Forced Air Heating System
- Thermostat
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 124-16-086
Map
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 |
---|---|---|---|---|
2025 | $27,188 | $2,273,106 | $2,164,864 | $108,242 |
2024 | $27,188 | $2,228,536 | $2,122,416 | $106,120 |
2023 | $26,788 | $2,184,840 | $2,080,800 | $104,040 |
2022 | $26,478 | $2,142,000 | $2,040,000 | $102,000 |
2021 | $25,956 | $2,100,000 | $2,000,000 | $100,000 |
2020 | $13,034 | $1,026,006 | $764,729 | $261,277 |
2019 | $12,887 | $1,005,889 | $749,735 | $256,154 |
2018 | $12,545 | $986,167 | $735,035 | $251,132 |
2017 | $12,324 | $966,831 | $720,623 | $246,208 |
2016 | $11,998 | $947,875 | $706,494 | $241,381 |
2015 | $11,877 | $933,638 | $695,882 | $237,756 |
2014 | $11,581 | $915,350 | $682,251 | $233,099 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | Price Changed | $2,900,000 | -17.1% | $2,204 / Sq Ft |
07/02/2025 07/02/25 | For Sale | $3,500,000 | -- | $2,660 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,100,000 | First American Title | |
Warranty Deed | $1,675,000 | Wfg National Title Ins Co | |
Grant Deed | $1,300,000 | Wfg National Title Ins Co | |
Grant Deed | -- | Chicago Title | |
Interfamily Deed Transfer | -- | First American Title Guarant | |
Grant Deed | $410,000 | Chicago Title Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $800,000 | New Conventional | |
Previous Owner | $65,000 | New Conventional | |
Previous Owner | $1,105,000 | Commercial | |
Previous Owner | $65,000 | Commercial | |
Previous Owner | $644,000 | Purchase Money Mortgage | |
Previous Owner | $501,000 | Unknown | |
Previous Owner | $321,000 | Unknown | |
Previous Owner | $330,000 | No Value Available | |
Previous Owner | $328,000 | No Value Available | |
Closed | $50,000 | No Value Available |
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Source: MLSListings
MLS Number: ML82014936

APN: 124-16-086
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