Centrally located in the sought-after Leland Manor neighborhood of Green Gables, this mid-century modern turnkey charmer presents true California indoor/outdoor living on a generous 7,200 sq.ft. lot. Meticulously maintained and updated throughout, the light-filled interior features an open-concept layout with 3 comfortable bedrooms. Two living spaces in this home offer the potential to have a designated TV area and a more formal living room or a flex space that can function for a multitude of needs. The living room adjacent to the kitchen features a convenient laundry closet with new stacked washer and dryer. Floor-to-ceiling windows and a sliding glass door open to the spacious and private backyard with mature trees and verdant landscaping. This home presents proximity to the great offerings at Edgewood Plaza, Midtown Shopping Center, and Town and Country Village with convenient access to Highway 101 for commuting as well as Rinconada Park for recreation. Top-rated Palo Alto schools are minutes away. This home is a must see!
Property Details
Property Features
Property Information:
Year Built: 1951
Stories: 1
Living Area: 1,370 SqFt
Listing Office:
Office Name: Compass
Office Phone: (650) 314-7200
Listing Agent: Rita Intardonato
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator, Range Hood, Vented Exhaust Fan
Flooring Type: Carpet, Laminate, Tile
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: Carport
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: None
School Info
Assigned Schools Information:
Palo Alto High School, Public District Grades 9-12
David Starr Jordan Middle School, Public District Grades 6-8
Duveneck 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: Embarcadero
Price Information
Listing Price Info
Price Summary:
List Price: $2,798,000
Price Per SqFt: $2,042/SqFt
Tax Information:
Annual Amount: $5,481
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $153.8K less than the Median Sold Price and $371/SqFt more 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: #ML81960598
Listing Office:
Office Name: Compass
Office Phone: (650) 314-7200
Listing Agent: Rita Intardonato
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, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,481
$388,412
2020
$5,481
$384,431
2019
$5,285
$376,894
2018
$5,286
$369,505
2017
$5,192
$362,260
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,455
Powered By
Advertisement
NMLS#3030
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
8
/10
Duveneck Elementary School
705 Alester Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school2.02 miles
Public District Grades KG-5
Middle School
7
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school0.35 miles
Public District Grades 6-8
High School
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.41 miles
Public District Grades 9-12
Assigned Schools
8
/10
Duveneck Elementary School
705 Alester Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school2.02 miles
Public District Grades KG-5
Assigned Schools
7
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school0.35 miles
Public District Grades 6-8
Nearby Schools
8
/10
Jane Lathrop Stanford Middle School
480 E Meadow Dr
Distance between this listing and this school1.69 miles
Public District Grades 6-8
2
/10
Cesar Chavez Elementary School
2450 Ralmar Ave
Distance between this listing and this school2.20 miles
Public District Grades 6-8
Assigned Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.41 miles
Public District Grades 9-12
Nearby Schools
3
/10
East Palo Alto Academy
475 Pope St
Distance between this listing and this school1.83 miles
Public Charter Grades 9-12
6
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school2.60 miles
The neighbors living near this home have an average income of $196,277. Typical income of Palo Alto, CA residents is $200k+ annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2040 Louis Rd
What is the listing price of this property?
The listing price of 2040 Louis Rd property is $2,798,000.
What type of property is this?
The property 2040 Louis Rd is a house located in Palo Alto, California, 94303.
Is this property for sale now?
Sale Pending: 2040 Louis Rd 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 2040 Louis Rd are: Duveneck Elementary School: GreatSchools Rating 8/10Ohlone Elementary School: GreatSchools Rating 9/10Herbert Hoover Elementary School: GreatSchools Rating 9/10David Starr Jordan Middle School: GreatSchools Rating 7/10Palo 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 $5,481 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2040 Louis Rd has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 2040 Louis Rd is 1,370 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2040 Louis Rd is 1951.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2040 Louis Rd in Palo Alto, CA and zip code 94303 in the Leland Manor neighborhood. This 1,370 square foot home, which was built in 1951, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $2,798,000.
Over 27 listings were sold over their listed price in March 2024 in Palo Alto, CA. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. In March 2024 in Palo Alto, CA there were 31.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 26 days, the median list price was $2,951,875.
From Rocket Homes Real Estate and based on county public records data.
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. 
Live Theatre
Live Theatre
Hiking/backpacking
Men's Tennis
Bloomingdales
Nordstrom Rack
Crate & Barrel
Boston Market
Starbucks
The Cheesecake Factory
Mercedes
Audi
Volvo
News
Alternative
Jazz