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Backup Offers

640 Forest Ave Unit E, Palo Alto, CA, 94301

$1,288,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,100 SqFt
$1,171/SqFt
Condo
Schools Nearby

Location

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640 Forest Ave Unit E, Palo Alto$1,288,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport
Garage1 space
Year Built1959
HeatingForced Air
MLS #ML81958512
Lot Size0.03 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 640 Forest Ave Unit E

Townhouse-style 2b 2b condo in the heart of downtown Palo Alto w/ ultimate privacy with no neighbors above or below, and sharing a wall with only one side, offering a serene living experience. Step inside to discover an open floor plan with a bright living area, illuminated by large windows & glass sliding doors that invite abundant natural light. The updated kitchen features stainless steel appliances, classic granite countertops, and solid wood cabinets. Throughout the home, you'll find double-pane windows and hardwood flooring, enhancing both comfort and style. The semi-glass front door boasts built-in blinds and double-pane glass, adding a touch of sophistication. Both bedrooms boast updated bathrooms and ample closet space, with the primary bedroom offering a serene courtyard view from its long private patio. Additional features include an assigned carport space, extra storage, and an HOA fee of $750/m, covering exterior maintenance, garbage and water expenses. Located just steps away from Palo Alto's lively University Ave, Stanford University, shops, restaurants, and top-rated Palo Alto schools, this property's prime location ensures easy access to all your essentials. Getting around is easy with quick access to Highway 101, 280 and Caltrain station.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (650) 627-3700
  • Listing Agent: Wen Guo RE Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced 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: Webster

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,288,000
  • Price Per SqFt: $1,171/SqFt

HOA Fees:

  • Amount: $750
  • Frequency: Monthly
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Housing Market Comparison

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

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Palo Alto, CA

City

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,671

Avg. Days On Market

26

# of Sold Homes

41

640 Forest Ave Unit E vs Palo Alto

36 DAYS ON ROCKET

+10 Days

$1,288,000

-$1.6M Less

$1,171/SqFt

-$500 Less

KEY TAKEAWAY

This property is $1.6M less than the Median Sold Price and $500/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: #ML81958512

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (650) 627-3700
  • Listing Agent: Wen Guo RE 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,246

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,928

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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-1115456
8
/10

  • Addison Elementary School

  • 650 Addison Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1115457
9
/10

  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 1.83 miles

  • Public District Grades KG-5

school-card-donut-1115458
9
/10

  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 3.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1115459
7
/10

  • David Starr Jordan Middle School

  • 750 N California Ave

  • 1.28 miles

  • Public District Grades 6-8

High School

school-card-donut-1115460
9
/10

  • Palo Alto High School

  • 50 Embarcadero Rd

  • 0.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,822. The majority of Palo Alto, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 640 Forest Ave Unit E

What is the listing price of this property?

The listing price of 640 Forest Ave Unit E property is $1,288,000.

What type of property is this?

The property 640 Forest Ave Unit E is a condo located in Palo Alto, California, 94301.

Is this property for sale now?

Accepting Backup Offers: 640 Forest Ave Unit E is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 640 Forest Ave Unit E 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

How many bedrooms and bathrooms does this property have?

The property at 640 Forest Ave Unit E has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 640 Forest Ave Unit E is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 Forest Ave Unit E is 1959.

Rocket Homes›California›Santa Clara County›Palo Alto›94301›640 Forest Ave Unit E

This home is located at 640 Forest Ave Unit E in Palo Alto, CA and zip code 94301 in the University South neighborhood. This 1,100 square foot home, which was built in 1959, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,288,000.

Palo Alto, CA housing market in March 2024 saw over 27 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The inventory of homes for sale in Palo Alto, CA between February 2024 and March 2024 increased by 31.6%. 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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