12 days on rocket

Sale Pending

1040 Emerson St, Palo Alto, CA, 94301

$2,988,000

3 Bedrooms
3 Full Baths
1,877 SqFt
$1,592/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingFireplace(s)
CoolingCentral Air
FireplaceLiving Room, Wood Burning
ViewNeighborhood
MLS #ML81961735
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 1040 Emerson St

Nestled in Professorville, this charming 3-bedroom bungalow offers nearly 1,900 square feet of welcoming living space and a prime location within walking distance of almost everything Palo Alto has to offer. Step onto the expansive front porch and into a home adorned with hardwood floors, stylish appointments, and a bright, inviting ambiance. Highlights include a fireplace, spacious formal rooms ideal for hosting, an eat-in kitchen, and an updated bathroom in the upstairs primary suite. Outside, the tranquil backyard provides a space to relax, unwind, and entertain, complemented by a detached bonus studio with a full bathroom. Enjoy the added convenience of strolling to University Avenue, the Town & Country Village Shopping Center, nearby parks, Caltrain, Stanford University, and esteemed schools such as Addison Elementary and Palo Alto High (buyer to verify eligibility). This is an exceptional choice for Silicon Valley living welcome home.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1910
  • Stories: 1
  • Living Area: 1,877 SqFt

Listing Office:

  • Office Name: Deleon Realty
  • Office Phone: (650) 543-8500
  • Listing Agent: DeLeon Team

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Attic, Walk-In Closet(s)
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Neighborhood

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palo Alto High School, Public District Grades 9-12
  • David Starr Jordan Middle School, Public District Grades 6-8
  • Addison Elementary School, Public District Grades KG-5
  • Ohlone Elementary School, Public District Grades KG-5
  • Herbert Hoover Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Addison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,988,000
  • Price Per SqFt: $1,592/SqFt

Tax Information:

  • Annual Amount: $11,789
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palo Alto, CA.

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,671

Avg. Days On Market

26

# of Sold Homes

41

1040 Emerson St vs Palo Alto

12 DAYS ON ROCKET

-14 Days

$2,988,000

+$36.1K More

$1,592/SqFt

-$79 Less

KEY TAKEAWAY

This property is $36.1K more than the Median Sold Price and $79/SqFt less than other homes in Palo Alto, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81961735

Listing Office:

  • Office Name: Deleon Realty
  • Office Phone: (650) 543-8500
  • Listing Agent: DeLeon Team

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2012Home Sold
$1,866,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,789$1,008,608
2020$11,788$998,267
2019$11,345$978,694
2018$11,345$959,504
2017$11,146$940,691

History based on county public records data.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,025

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3575395
8
/10
  • Addison Elementary School

  • 650 Addison Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-3575396
9
/10
  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 1.80 miles

  • Public District Grades KG-5

school-card-donut-3575397
9
/10
  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 2.75 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3575398
7
/10
  • David Starr Jordan Middle School

  • 750 N California Ave

  • 1.18 miles

  • Public District Grades 6-8

High School

school-card-donut-3575399
9
/10
  • Palo Alto High School

  • 50 Embarcadero Rd

  • 0.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $205,906. Typical income of Palo Alto, CA residents is $200k+ annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 Emerson St

What is the listing price of this property?

The listing price of 1040 Emerson St property is $2,988,000.

What type of property is this?

The property 1040 Emerson St is a house located in Palo Alto, California, 94301.

Is this property for sale now?

Sale Pending: 1040 Emerson St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1040 Emerson St are:
Addison Elementary School: GreatSchools Rating 8/10
Ohlone Elementary School: GreatSchools Rating 9/10
Herbert Hoover Elementary School: GreatSchools Rating 9/10
David Starr Jordan Middle School: GreatSchools Rating 7/10
Palo Alto High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,789 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 19, 2012 for $1,866,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1040 Emerson St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1040 Emerson St is 1,877 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 Emerson St is 1910.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto943011040 Emerson St

This home is located at 1040 Emerson St in Palo Alto, CA and zip code 94301 in the University South neighborhood. This 1,877 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $2,988,000.

While more than 27 listings in Palo Alto, CA in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. The number of listings in Palo Alto, CA increased by 31.6% between February 2024 and March 2024. In March 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $2,951,875.

From Rocket Homes Real Estate and based on county public records data.

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