181 Addison Avenue

181 Addison Avenue in Palo Alto, CA was first built in 1906 and is 118 years old. Although, the building on the property was most recently renovated and altered in 1914. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. The linear feet across the front of the lot is 1,120 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 12,656 square feet.

Learn more about the property and building on this page. There is a patio. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 181 Addison Avenue sold most recently in Dec 19, 2019 for a total of $4,290,000. Before that, the property was also sold for $1,750,000 in Sep 20, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $53,614 in taxes each year. 181 Addison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,509,554. If we break it down further, the land itself was valued at $4,456,996. Improvements to the property, however, were assessed at a total of $52,558. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.