NOT LISTED FOR SALE

569 Homer Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,190,000 - $4,307,977

4 Beds
3 Baths
2,520 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $3,728,000 $1,479 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $23,647/month

24 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Solar owned by a third party
  • Addison Elementary School Rated A+
  • Open to Family Room
  • Forced Air Zoned Heating and Cooling System

About This Home

As of November 2022

BRAND-NEW LUXURY HOME IN UNIVERSITY SOUTH DESIGNER DETAILS | STROLL TO DOWNTOWN Located just steps away from Downtown Palo Alto, this brand-new private residence boasts high-end craftsmanship and turnkey designer living. Exquisite details combine to create warm, contemporary interiors fitted for up-to-the-minute enjoyment. Breezy, sun-lit gathering spaces unfold from a gourmet kitchen with an immense island, glamorous stone countertops, and dual-tone cabinetry. A bedroom and full bath are nestled on the ground level, while an office joins three bedrooms upstairs, including an extravagant primary suite with an oversized walk-in closet and spa bath. Must-have amenities include soaring ceilings, wide-plank oak floors, surround sound, and premier Miele® and Sub-Zero® appliances. This residence is fully electric, complete with solar panels. Smart home features include smart switches and dimmers for lighting, whole house security, structured wiring/data network, and whole house audio.

Last Agent to Sell the Property

Xin Jiang

Compass License #01961451 Listed on: 09/14/2022

Compass

Last Buyer's Agent

Xin Jiang

Compass License #01961451 Listed on: 09/14/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,547

Year Built

  • Built in 2022

Lot Details

  • 7,501 Sq Ft Lot
  • Zoning described as RM3

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Open to Family Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Solar owned by a third party
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Homer Avenue Residences Association

Listing and Financial Details

  • Assessor Parcel Number 120-04-119

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,547

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2520
  • Construction: Completed-Never Occupied
  • Year Built: 2022
  • Zoning Description: RM3
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2520
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Metal, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • H O A Name Text: HOMER AVENUE RESIDENCES ASSOCIATION
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-04-119
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $3,728,000 -3.9% $1,479 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $3,880,000 -- $1,540 / 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 $45,547 $3,878,610 $1,939,305 $1,939,305
2024 $45,547 $3,802,560 $1,901,280 $1,901,280
2023 $44,960 $3,728,000 $1,864,000 $1,864,000
2022 $30,772 $2,506,156 $2,023,656 $482,500
Source: Public Records

Agents Affiliated with this Home

  • Xin Jiang

    Seller's Agent in 2022

    Xin Jiang

    Compass

    (650) 283-8379

    4 in this area

    57 Total Sales

    Xin Jiang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81907342

MLSListings

APN: 120-04-119

California Santa Clara County Palo Alto 94301 University South

569 Homer Ave, Palo Alto, CA

This home is located at 569 Homer Ave, Palo Alto, CA 94301 since 14 September 2022 and is currently estimated at $3,650,244, approximately $1,448 per square foot. This property was built in 2022. 569 Homer Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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