NOT LISTED FOR SALE

2611 Alma St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,361,000 - $4,405,589

0.19 Acre
$20,655,824 Price per Acre
8,189 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $3,525,000 $3,159 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,129/month

157 Days on Market

Highlights

  • Wood Fence
  • El Carmelo Elementary School Rated A+
  • Level Lot

About This Lot

As of December 2019

Huge Price Reduction!!! Attention Developers! RARE opportunity to build 4 units condo project in Old PALO ALTO! Luxury homes just couples of blocks away, lots of potentials. Within close proximity to Stanford University and downtown Palo Alto. Award winning top Palo Alto schools. This parcel 132-25-037 will be sold together with parcel 132-25-038. 4 units include one unit with 2b/1b, two units with 3b/2.5b, and one unit with 4b/2.5b. Location! Location! Location! Don't miss it!

Last Agent to Sell the Property

Daniel Xi

Coldwell Banker Realty License #01952134 Listed on: 04/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Daniel Xi

Coldwell Banker Realty License #01952134 Listed on: 04/03/2019

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,343

Lot Details

  • 8,189 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$45,343

Lot Details

0

Listing Details

  • Zoning: RM3
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Back, Wood

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8189.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8189.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Dec 5, 2019
Sold by
Rainbow Beauty Holdings Limited
Bought by
Gemini Development One Palo Alto Llc
Seller's Agent
Daniel Xi
Coldwell Banker Realty
Buyer's Agent
Daniel Xi
Coldwell Banker Realty
List Price
$5,000,000
Sold Price
$3,525,000
Premium/Discount to List
-$1,475,000
-29.5%
Total Days on Market
157
Current Estimated Value
$3,918,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,402
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Valleyone Investment Llc
Bought by
Almanium Property Llc

Purchase Details

Listed on
May 20, 2013
Closed on
Sep 12, 2013
Sold by
Boyett Lisa Anne and Boyett Douglas Alan
Bought by
Valleyone Investment Llc
Seller's Agent
Bruce Whitson
Bruce Whitson, Broker
Buyer's Agent
Ed Dee
Compass
List Price
$930,000
Sold Price
$860,000
Premium/Discount to List
-$70,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gemini Development One Palo Alto Llc $3,525,000 Fidelity National Title Co
Almanium Property Llc -- None Available
Valleyone Investment Llc -- Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $3,525,000 -16.1% $3,159 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $4,200,000 -16.0% $3,763 / Sq Ft
04/03/2019 04/03/19 For Sale $5,000,000 +481.4% $4,480 / Sq Ft
09/17/2013 09/17/13 Sold $860,000 -7.5% $771 / Sq Ft
08/18/2013 08/18/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $930,000 -- $833 / Sq Ft
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 $45,343 $3,855,101 $3,855,101 --
2024 $45,343 $3,779,511 $3,779,511 --
2023 $44,679 $3,705,403 $3,705,403 $0
2022 $44,169 $3,632,749 $3,632,749 $0
2021 $43,301 $3,561,519 $3,561,519 $0
2020 $42,398 $3,525,000 $3,525,000 $0
2019 $50,302 $4,160,442 $4,160,442 $0
2018 $48,896 $4,078,865 $4,078,865 $0
2017 $0 $3,998,888 $3,998,888 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Xi

    Seller's Agent in 2019

    Daniel Xi

    Coldwell Banker Realty

    (408) 623-0766

    1 in this area

    289 Total Sales

    Section Image
  • Bruce Whitson

    Seller's Agent in 2013

    Bruce Whitson

    Bruce Whitson, Broker

    (650) 269-7193

    1 Total Sale

    Section Image

  • E

    Buyer's Agent in 2013

    Ed Dee

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81745343

MLSListings

APN: 132-25-057

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2611 Alma St, Palo Alto, CA

This home is located at 2611 Alma St, Palo Alto, CA 94306 since 03 April 2019 and is currently estimated at $3,883,295, approximately $3,479 per square foot. 2611 Alma St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes