3271 Alma St Palo Alto, CA 94306
South of Midtown NeighborhoodEstimated payment $10,225/month
Highlights
- Family or Dining Combination
- Washer and Dryer
- 1-Story Property
- El Carmelo Elementary School Rated A+
About This Home
Lowest Priced Single-Family Home in Palo Alto! This is your chance to own a charming 3-bedroom, 2-bath home in one of Silicon Valleys most desirable cities. This property offers incredible potential in a prime, convenient Palo Alto location. Enjoy access to award-winning Palo Alto schools, Stanford University and a vibrant community that's close to shopping, restaurants, Palo Alto downtown and freeways. Whether you're a first-time buyer or savvy investor, bring your imagination and personal touch to transform this home and make it truly yours. Don't miss out on this rare opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,809
Year Built
- Built in 1961
Lot Details
- 3,123 Sq Ft Lot
- Zoning described as RM2
Parking
- 1 Carport Space
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,042 Sq Ft Home
- 1-Story Property
- Family or Dining Combination
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 132-27-077
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 | $10,809 | $857,510 | $706,627 | $150,883 |
| 2024 | $10,809 | $840,697 | $692,772 | $147,925 |
| 2023 | $10,809 | $824,214 | $679,189 | $145,025 |
| 2022 | $10,514 | $808,054 | $665,872 | $142,182 |
| 2021 | $10,305 | $792,211 | $652,816 | $139,395 |
| 2020 | $10,104 | $784,089 | $646,123 | $137,966 |
| 2019 | $9,987 | $768,715 | $633,454 | $135,261 |
| 2018 | $9,726 | $753,643 | $621,034 | $132,609 |
| 2017 | $9,553 | $738,866 | $608,857 | $130,009 |
| 2016 | $9,297 | $724,379 | $596,919 | $127,460 |
| 2015 | $9,200 | $713,499 | $587,953 | $125,546 |
| 2014 | $8,945 | $699,523 | $576,436 | $123,087 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $1,750,000 | -2.8% | $1,679 / Sq Ft |
| 08/15/2025 08/15/25 | Price Changed | $1,799,999 | -2.7% | $1,727 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $1,850,000 | -- | $1,775 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $611,000 | First American Title Company | |
| Grant Deed | $600,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | New Century Title | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,000 | New Conventional | |
| Closed | $417,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $484,015 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $488,000 | Purchase Money Mortgage | |
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $312,000 | Unknown | |
| Previous Owner | $300,000 | No Value Available |
Source: MLSListings
MLS Number: ML82016062
APN: 132-27-077
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