3 months on rocket

440 Melville Ave, Palo Alto, CA, 94301

$8,200,000

4 Bedrooms
2 Full Baths
2,879 SqFt
$2,848/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1926
HeatingForced Air
CoolingNone
FireplaceLiving Room
MLS #ML81952369
Lot Size0.34 Acres
StatusActive

About 440 Melville Ave

This distinguished home, crafted almost a century ago, is now available for the first time in generations. Timeless architecture and luxuriant gardens unfold across an expansive and perfectly shaped 15,000 square feet (100 x 150) lot, one of the largest in the area. Sun-lit interiors featuring period details, French doors, and spacious formal gathering rooms are prime for elegant yet casual modern living. This one-of-a-kind property reveals boundless opportunities to remodel, expand or build a true Silicon Valley estate that stands apart. Surrounded by vast estates, this immense property is exquisitely located within blocks of exciting Downtown Palo Alto, pristine parks, top shopping, fine dining, and exceptional schools. Take advantage of a once-in-a-lifetime opportunity to make this absolutely impeccable location into your home.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 2
  • Living Area: 2,879 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 323-1111
  • Listing Agent: Xin Jiang

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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
  • Walter Hays 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: Waverley

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,200,000
  • Price Per SqFt: $2,848/SqFt

Tax Information:

  • Annual Amount: $1,254
  • 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

440 Melville Ave vs Palo Alto

95 DAYS ON ROCKET

+69 Days

$8,200,000

+$5.2M More

$2,848/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price and $1.1K/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: #ML81952369

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 323-1111
  • Listing Agent: Xin Jiang

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: 4/29/2024, 3:25:19 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$1,254$169,849
2020$1,254$168,109
2019$1,258$164,814
2018$1,258$161,583
2017$1,251$158,415

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-2844592
7
/10
  • Walter Hays Elementary School

  • 1525 Middlefield Rd

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-2844593
9
/10
  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 1.45 miles

  • Public District Grades KG-5

school-card-donut-2844594
9
/10
  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 2.51 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2844595
7
/10
  • David Starr Jordan Middle School

  • 750 N California Ave

  • 0.84 miles

  • Public District Grades 6-8

High School

school-card-donut-2844596
9
/10
  • Palo Alto High School

  • 50 Embarcadero Rd

  • 0.53 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. Residents of Palo Alto, CA typically earn $200k+ each year. Residents typically live in single, no 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 440 Melville Ave

What is the listing price of this property?

The listing price of 440 Melville Ave property is $8,200,000.

What type of property is this?

The property 440 Melville Ave is a house located in Palo Alto, California, 94301.

Is this property for sale now?

Active Listing: 440 Melville 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 440 Melville Ave are:
Walter Hays Elementary School: GreatSchools Rating 7/10
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 $1,254 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 440 Melville Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 440 Melville Ave is 2,879 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 440 Melville Ave is 1926.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto94301440 Melville Ave

This home is located at 440 Melville Ave in Palo Alto, CA and zip code 94301 in the Professorville neighborhood. This 2,879 square foot home, which was built in 1926, sits on a 0.34 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $8,200,000.

In March 2024 more than 27 listings in Palo Alto, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Palo Alto, CA between February 2024 and March 2024 increased by 31.6%. In March 2024 median list price was $2,951,875 and the average listing age was 26 days.

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

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