
475 Melville Ave Palo Alto, CA 94301
University South NeighborhoodHighlights
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- Dining Area
- Walter Hays Elementary Rated A+
- Separate Family Room
- Wood Burning Fireplace
About This Home
As of May 2021Incredible opportunity to own a special piece of history in a prime Proferssorville location. 5 bedrooms, 5.5 baths, roughly 3,695 sf on a roughly 7,000 sf lot. Stunning wood work and attention to detail are showcased throughout this historically significant home, circa 1911. Preservation of original charm is unparalleled. Updates include new foundation, kitchen and baths. Perfect opportunity to make this home your own as well. Generous lot allows for outdoor entertainment and gardening. Mature landscaping is a pleasure year round. Detached office. Walk to downtown PA, Cal-Train, Stanford, Town & Country, schools and parks. Award winning Palo Alto schools. Truly a rare opportunity in an A+ Professorville location.
Last Agent to Sell the Property
Zachary Trailer
Compass License #01371338 Listed on: 04/17/2019

Last Buyer's Agent
Timothy Trailer
Compass License #00426209

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,035
Year Built
- Built in 1911
Lot Details
- 7,000 Sq Ft Lot
- Zoning described as R1929
Parking
- 1 Car Detached Garage
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,695 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Separate Family Room
- Dining Area
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 120-19-007
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Palo Alto, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $5,625,000 | Chicago Title Company | |
Grant Deed | $5,900,000 | Chicago Title Company | |
Interfamily Deed Transfer | -- | Old Republic Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $500,000 | Credit Line Revolving | |
Open | $4,348,000 | New Conventional | |
Closed | $4,400,000 | New Conventional | |
Previous Owner | $3,320,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $950,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $690,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $389,800 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $417,000 | New Conventional | |
Previous Owner | $500,000 | Unknown | |
Previous Owner | $500,000 | Credit Line Revolving | |
Previous Owner | $587,000 | Unknown | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $600,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/07/2021 05/07/21 | Sold | $5,625,000 | -1.3% | $1,291 / Sq Ft |
03/23/2021 03/23/21 | Pending | -- | -- | -- |
03/09/2021 03/09/21 | For Sale | $5,698,000 | -3.4% | $1,308 / Sq Ft |
05/13/2019 05/13/19 | Sold | $5,900,000 | +3.6% | $1,597 / Sq Ft |
05/01/2019 05/01/19 | Pending | -- | -- | -- |
04/17/2019 04/17/19 | For Sale | $5,695,000 | -- | $1,541 / Sq Ft |
Tax History Compared to Growth
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 | $71,035 | $6,088,680 | $5,412,160 | $676,520 |
2024 | $71,035 | $5,969,295 | $5,306,040 | $663,255 |
2023 | $69,995 | $5,852,250 | $5,202,000 | $650,250 |
2022 | $69,198 | $5,737,500 | $5,100,000 | $637,500 |
2021 | $73,339 | $6,080,346 | $5,152,836 | $927,510 |
2020 | $71,797 | $6,018,000 | $5,100,000 | $918,000 |
2019 | $11,067 | $859,603 | $229,594 | $630,009 |
2018 | $10,775 | $842,749 | $225,093 | $617,656 |
2017 | $10,583 | $826,226 | $220,680 | $605,546 |
2016 | $10,301 | $810,026 | $216,353 | $593,673 |
2015 | $10,195 | $797,860 | $213,104 | $584,756 |
2014 | $9,924 | $782,232 | $208,930 | $573,302 |
Agents Affiliated with this Home
-
Z
Seller's Agent in 2021
Zachary Trailer
Compass
-
J
Buyer's Agent in 2021
John St. Clair, III
Keller Williams Palo Alto
(650) 740-8363
1 in this area
18 Total Sales
-
T
Buyer's Agent in 2019
Timothy Trailer
Compass
Map
Source: MLSListings
MLS Number: ML81747452

APN: 120-19-007
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