12 days on rocket

Sale Pending

534 Santa Rita Ave, Palo Alto, CA, 94301

$4,488,000

3 Bedrooms
2 Full Baths
2,532 SqFt
$1,773/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGated
Attached Garage2 spaces
Year Built1936
HeatingElectric, Floor Furnace, Fireplace(s), Radiant
CoolingNone
FireplaceLiving Room, Wood Burning
ViewNeighborhood
MLS #ML81961751
Lot Size0.15 Acres
StatusSale Pending
(Pending)

About 534 Santa Rita Ave

This 3-bedroom home emanates the warmth and charm synonymous with Old Palo Alto. A gated garden pathway welcomes you, opening to more than 2,500 square feet of meticulously maintained living space. Retaining its original character, yet thoughtfully updated for modern living, the interior features hardwood floors, white millwork, and abundant natural light. With multiple fireplaces, a spacious living room, and dining area seamlessly connecting to the outdoors, this home offers ideal venues for both entertaining and daily living. Outside, a gazebo anchors the serene backyard adorned with vibrant foliage, and this home also includes a 2-car garage. Conveniently located just moments from the Midtown Shopping Center and within easy reach of California Avenue, Stanford University, and Caltrain, this home also enjoys close proximity to University Avenue and is just a short walk from esteemed schools such as Walter Hays Elementary and Greene Middle (buyer to verify eligibility).

Property Details

Property Features

Property Information:

  • Architectural Style: English
  • Year Built: 1936
  • Stories: 2
  • Living Area: 2,532 SqFt

Listing Office:

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

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Gated

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric, Floor Furnace, Fireplace(s), 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
  • 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: Tasso Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,488,000
  • Price Per SqFt: $1,773/SqFt

Tax Information:

  • Annual Amount: $2,861
  • 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

534 Santa Rita Ave vs Palo Alto

12 DAYS ON ROCKET

-14 Days

$4,488,000

+$1.5M More

$1,773/SqFt

+$102 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $102/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: #ML81961751

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, 6:25:18 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

YEARPROP. TAXASSESSMENT
2021$2,861$235,242
2020$2,860$232,831
2019$2,766$228,267
2018$2,766$223,792
2017$2,718$219,404

History based on county public records data.

Payment Calculator

$22.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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-3549068
7
/10
  • Walter Hays Elementary School

  • 1525 Middlefield Rd

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-3549069
9
/10
  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-3549070
9
/10
  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 1.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3549071
7
/10
  • David Starr Jordan Middle School

  • 750 N California Ave

  • 0.26 miles

  • Public District Grades 6-8

High School

school-card-donut-3549072
9
/10
  • Palo Alto High School

  • 50 Embarcadero Rd

  • 1.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $225,508. Residents of Palo Alto, CA typically earn $200k+ each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 534 Santa Rita Ave

What is the listing price of this property?

The listing price of 534 Santa Rita Ave property is $4,488,000.

What type of property is this?

The property 534 Santa Rita Ave is a house located in Palo Alto, California, 94301.

Is this property for sale now?

Sale Pending: 534 Santa Rita Ave 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 534 Santa Rita 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 $2,861 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 534 Santa Rita Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 534 Santa Rita Ave is 2,532 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 534 Santa Rita Ave is 1936.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto94301534 Santa Rita Ave

This home is located at 534 Santa Rita Ave in Palo Alto, CA and zip code 94301 in the Old Palo Alto neighborhood. This 2,532 square foot home, which was built in 1936, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $4,488,000.

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 homes for sale in Palo Alto, CA increased by 31.6% between February 2024 and March 2024. Listings spent 26 days on the market in March 2024, and had a median list price of $2,951,875 during the same period.

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

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