NOT LISTED FOR SALE

720 College Ave Palo Alto, CA 94306

Estimated Value: $2,655,000 - $3,016,000

2 Beds
1 Bath
1,044 Sq Ft
$2,743/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $2,300,000 $2,203 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $18,147/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Fireplace
  • Escondido Elementary School Rated A+
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2022

720 College Avenue, 2 bedroom, 1 bath, large cottage, close to Stanford University, hardwood floors throughout, living room with fireplace (non-operational), separate dining room, tile kitchen with gas range, refrigerator, dishwasher, tiled bathroom with tub/shower combo, utility room with washer/dryer, private patio off the living room, shared driveway leading to private 1 car garage. Cross Street: El Camino Real Terms: Lease ending 12/21/22, No Smoking, No Pets, Available Now

Last Agent to Rent the Property

Jeffrey Vail

Jeffrey Vail, Broker License #01850489 Listed on: 03/08/2022

Last Renter's Agent

Jeffrey Vail

Jeffrey Vail, Broker License #01850489 Listed on: 03/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,557

Year Built

  • 1925

Lot Details

  • 4,304

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 4,304 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $4,050
  • Property Available on 3/8/22
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,557

Year Built

1925

Lot Details

0

Parking

1

Rental Info

  • Available: 03/08/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 4050

Listing Details

  • Subclass: House For Rent
  • Age: 97
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1044
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1044
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.0988
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4302.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Jul 20, 2018
Sold by
Coleman Christine E and Coleman Douglass C
Bought by
Cato Investment Company Llc
Seller's Agent
Alex Wang
Christie's International Real Estate Sereno
Buyer's Agent
Art Sharif
Sotheby's Intl Rlty
List Price
$2,195,000
Sold Price
$2,300,000
Premium/Discount to List
$105,000
4.78%
Current Estimated Value
$2,863,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,291
Avg. Annual Appreciation
3.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Cato Investment Company Llc $2,300,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Rented $3,850 0.0% --
03/08/2022 03/08/22 For Rent $3,850 -3.6% --
12/21/2021 12/21/21 Rented $3,995 0.0% --
12/13/2021 12/13/21 Price Changed $3,995 -6.0% $4 / Sq Ft
11/23/2021 11/23/21 Price Changed $4,250 -5.6% $4 / Sq Ft
08/09/2021 08/09/21 For Rent $4,500 0.0% --
07/25/2018 07/25/18 Sold $2,300,000 +4.8% $2,203 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $2,195,000 -- $2,102 / 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 $30,557 $2,565,691 $2,509,917 $55,774
2024 $30,557 $2,515,384 $2,460,703 $54,681
2023 $30,108 $2,466,063 $2,412,454 $53,609
2022 $29,760 $2,417,709 $2,365,151 $52,558
2021 $29,174 $2,370,304 $2,318,776 $51,528
2020 $28,572 $2,346,000 $2,295,000 $51,000
2019 $28,257 $2,300,000 $2,250,000 $50,000
2018 $1,611 $57,412 $37,133 $20,279
2017 $1,582 $56,287 $36,405 $19,882
2016 $1,534 $55,185 $35,692 $19,493
2015 $1,512 $54,357 $35,156 $19,201
2014 $1,383 $53,293 $34,468 $18,825
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jeffrey Vail

    Jeffrey Vail, Broker

  • A

    Seller's Agent in 2018

    Alex Wang

    Sereno Group

    Section Image
  • Art Sharif

    Buyer's Agent in 2018

    Art Sharif

    Sotheby's Intl Rlty

    (650) 804-4770

    74 Total Sales

    Art Sharif
    Section Image
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Map

Source: MLSListings

MLS Number: ML81881434

MLSListings

APN: 137-02-068

California Santa Clara County Palo Alto 94306

720 College Ave, Palo Alto, CA

This home is located at 720 College Ave, Palo Alto, CA 94306 since 08 March 2022 and is currently priced at $2,863,291. This property was built in 1925. 720 College Ave is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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