See Home Value
$8,007,476*
House - Off Market

1550 Cowper ST

PALO ALTO, CA 94301
bedrooms
9 Beds
bathrooms
7 Baths
square feet
5202 Sqft
$7,190,000 - $8,786,000
Reference Base Price*
0.24%
Since Sep 1, 2021
CA-San Francisco
Primary Model
Sold May 15, 2023
$6,500,000
$2,300,000 by Bank Of America, N.a.
Mortgage Due Jun 01, 2038

About This Property

An incredible lot of over 1/3 acre in sought-after Old Palo Alto offers this one-of-a-kind family compound perfect for multi-generational living. Designed by renowned artist and architect Pedro de Lemos, this property consists of five separate residences all bearing the signature Old World style for which de Lemos is famous. Each unit offers inviting living space, a full kitchen, at least 2 bedrooms, an outdoor patio area, and off-street parking. Convenient to Stanford University, this outstanding location is also just moments to the shops, boutiques, and eateries of both University Avenue and California Avenue, with beautiful public spaces such as Rinconada Park and Gamble Garden just a short drive away. Plus, commuters will appreciate the ease of access to both Caltrain and US 101, while children may attend top-ranked schools Walter Hays Elementary, Greene Middle, and Palo Alto High, all of which are within approximately one mile of the property (buyer to verify eligibility).

The manager has listed the unit size as 5202 square feet.
Unit Size
5,202Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$1,536
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1932

Price History

Date / Event Date Event Price
May 15, 2023 Sold $6,500,000
Sold
Aug 2, 2021 No longer available -
No longer available
Apr 15, 2021 Listed $7,988,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,202
  • Gross Building Area: 5,202
  • Building Area: 5,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 5,202
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BLK 25 LOT 5,6

Ownership

  • Current Owner : PAIGE TRUST
  • Previous Owner : LENORE K MORRELL REVOCABLE LIVING TRUST
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511400

Zoning

  • Zoning: R1929

Geography

  • Assessors Map Reference: 44-B2
  • Parcel: 124-07-038
  • Block: 25
  • Lot: 5,6
  • Municipality: PALO ALTO
  • Latitude: 37.44
  • Longitude: -122.146

    Address

  • Full Address: 1550 Cowper St
  • Address - House Number: 1550
  • Address - Street Name: Cowper
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C020
  • 4-Digit Zip Code: 3617
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,150
  • Tax Rate Code Area: 06-001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,300,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: May 15, 2023
  • First Open Lien Mortgage Loan Amount: $2,300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,491,025
  • Assessed Land Value: $5,518,686
  • Assessed Improvements Value: $972,339

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Transaction ID: 11906394322
  • Current Sale Price: $6,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25475200

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: May 15, 2023
  • First Mortgage Loan Amount: $2,300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jun 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Old Palo Alto


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Frequently Asked Questions

When was property at 1550 Cowper Street built and last sold?
The property at 1550 Cowper Street was built in 1932 and last sold on May 8, 2023 for $6,500,000.
How much is this home worth?
The estimated value of the home located at 1550 Cowper Street is $8,067,880.
What are some comparable homes to 1550 Cowper Street?
There are currently no comparable homes to 1550 Cowper Street.

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