1 month on rocket

331 Lincoln Ave, Palo Alto, CA, 94301

$8,195,000

4 Bedrooms
2 Full Baths, 2 Partial
4,186 SqFt
$1,958/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1900
CoolingNone
FireplaceFamily Room, Wood Burning
MLS #ML81956637
Lot Size0.25 Acres
StatusActive

About 331 Lincoln Ave

Gorgeous Victorian in Palo Alto's Professorville neighborhood boasts modern amenities and stunning original details. Find beautiful features like hardwood floors, built-in cabinetry, and millwork throughout the home. On the main floor, tall ceilings and large windows bathe the living and dining spaces in natural light. The formal dining room, with its period details, sets a charming setting for both large and intimate gatherings. The back of the home features an open floor plan with an updated kitchen that includes new quartz countertops, stainless-steel appliances, sunny breakfast nook, and cozy adjacent family room with wood-burning fireplace. Upstairs, discover four bedrooms, including a primary suite with walk-in-closet and an en suite bathroom clad in marble. A third-floor recreation room awaits transformation into a home office, gym, or home theater. Step outside to a captivating exterior, with majestic redwoods, oaks and brick hardscape. The detached cottage can be used for guests or as an income-generating rental with a full kitchen and bath. Enjoy living in this peaceful neighborhood on a tree-lined street near top rated schools, downtown Palo Alto, and Stanford University, with easy access to the vibrant culture and endless possibilities that the Bay Area has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 4,186 SqFt

Listing Office:

  • Office Name: Golden Gate Sotheby's International Realty
  • Office Phone: (650) 847-1141
  • Listing Agent: The Dreyfus Group

Interior Features

Interior Information:

  • Appliances: Gas Cooktop
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • 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
  • 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: Bryant

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,195,000
  • Price Per SqFt: $1,958/SqFt

Tax Information:

  • Annual Amount: $16,288
  • 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

331 Lincoln Ave vs Palo Alto

51 DAYS ON ROCKET

+25 Days

$8,195,000

+$5.2M More

$1,958/SqFt

+$287 More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price and $287/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: #ML81956637

Listing Office:

  • Office Name: Golden Gate Sotheby's International Realty
  • Office Phone: (650) 847-1141
  • Listing Agent: The Dreyfus Group

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: 4/27/2024, 8:20:24 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

YEARPROP. TAXASSESSMENT
2021$16,288$1,323,024
2020$16,288$1,309,459
2019$15,670$1,283,784
2018$15,671$1,258,613
2017$15,394$1,233,935

History based on county public records data.

Payment Calculator

$40.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.6K

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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-1097266
8
/10
  • Addison Elementary School

  • 650 Addison Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-1097267
9
/10
  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 1.69 miles

  • Public District Grades KG-5

school-card-donut-1097268
9
/10
  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 2.73 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1097269
7
/10
  • David Starr Jordan Middle School

  • 750 N California Ave

  • 1.08 miles

  • Public District Grades 6-8

High School

school-card-donut-1097270
9
/10
  • Palo Alto High School

  • 50 Embarcadero Rd

  • 0.42 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. The majority of Palo Alto, CA residents have income $200k+ annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 331 Lincoln Ave

What is the listing price of this property?

The listing price of 331 Lincoln Ave property is $8,195,000.

What type of property is this?

The property 331 Lincoln Ave is a house located in Palo Alto, California, 94301.

Is this property for sale now?

Active Listing: 331 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 331 Lincoln Ave 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 $16,288 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 331 Lincoln Ave has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 331 Lincoln Ave is 4,186 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 331 Lincoln Ave is 1900.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto94301331 Lincoln Ave

This home is located at 331 Lincoln Ave in Palo Alto, CA and zip code 94301 in the Professorville neighborhood. This 4,186 square foot home, which was built in 1900, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $8,195,000.

In March 2024, from all listings sold in Palo Alto, CA there were more than 27 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of listings in Palo Alto, CA increased by 31.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $2,951,875, while the average time on the real estate market was 26 days.

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

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