new - 2 days on rocket

156 Monroe Dr, Palo Alto, CA, 94306

$5,188,000

4 Bedrooms
4 Full Baths, 1 Partial
3,686 SqFt
$1,407/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2018
HeatingFireplace(s)
CoolingCentral Air
FireplaceLiving Room
MLS #ML81985359
Lot Size0.22 Acres
StatusActive

About 156 Monroe Dr

Stunning single level home in desirable Palo Alto area, newly built in 2019; 4 BR, 1 Office, 4.5 BA. Designed and built to the highest standard, with the impeccable fit and finish. A perfect blend of function, aesthetics, and comfort from the gorgeous chef's kitchen to the spacious family room. Thermador refrigerator, wine cooler, and built in espresso coffee machine for your daily needs and party guests. Smart home system with 2 A/C , 2 furnace units to satisfy energy efficiency. Drought-tolerant plants with drip irrigation. Low-maintenance backyard featuring pavers. Fruit trees: plums, apricots, apples, lemons, pomegranates, figs, and grapes. Tesla solar panels (9.6 kW). Only a quick 10 min drive to the retail and restaurants in downtown Los Altos, Mountain View and Palo Alto. Additionally, This sought-after location grants easy access to two parks, is only moments to The Village at San Antonio Center, and commuting options including Caltrain, Central Expressway, Hwy 101 and 280. All this plus its beautifully situated, ready to move in, and is zoned to highly sought-after Los Altos schools. Welcome to your Dream Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2018
  • Stories: 1
  • Living Area: 3,686 SqFt

Listing Office:

  • Office Name: Casas Real Estate
  • Office Phone: (650) 823-6077
  • Listing Agent: Scott Casas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ardis G. Egan Junior High School, Public District Grades 7-8
  • Santa Rita Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Street: Miller Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,188,000
  • Price Per SqFt: $1,407/SqFt

Tax Information:

  • Annual Amount: $55,888
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,768

Avg. Days On Market

19

# of Sold Homes

52

156 Monroe Dr vs Palo Alto

2 DAYS ON ROCKET

-17 Days

$5,188,000

+$1.9M More

$1,407/SqFt

-$361 Less

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $361/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: #ML81985359

Listing Office:

  • Office Name: Casas Real Estate
  • Office Phone: (650) 823-6077
  • Listing Agent: Scott Casas

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: 11/4/2024, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 14, 2019Home Sold
$4,459,000
Mar 29, 2017Home Sold
$2,100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$55,888$4,595,193
2020$55,887$4,548,076
2019$26,339$3,130,320
2018$26,340$2,142,000
2017$1,682$63,255

History based on county public records data.

Payment Calculator

$25.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.6K

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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-1725981
6
/10
  • Santa Rita Elementary School

  • 700 Los Altos Ave

  • 1.03 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1725982
8
/10
  • Ardis G. Egan Junior High School

  • 100 W Portola Ave

  • 0.82 miles

  • Public District Grades 7-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,500. Residents of Palo Alto, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 156 Monroe Dr

What is the listing price of this property?

The listing price of 156 Monroe Dr property is $5,188,000.

What type of property is this?

The property 156 Monroe Dr is a house located in Palo Alto, California, 94306.

Is this property for sale now?

Active Listing: 156 Monroe Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 156 Monroe Dr are:
Santa Rita Elementary School: GreatSchools Rating 6/10
Ardis G. Egan Junior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $55,888 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 14, 2019 for $4,459,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 156 Monroe Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 156 Monroe Dr is 3,686 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 156 Monroe Dr is 2018.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto94306156 Monroe Dr

This home is located at 156 Monroe Dr in Palo Alto, CA and zip code 94306 in the Monroe neighborhood. This 3,686 square foot home, which was built in 2018, sits on a 0.22 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $5,188,000.

While more than 33 listings in Palo Alto, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in Palo Alto, CA between September 2024 and October 2024 increased by 8%. The median list price of listings available in October 2024 was $3,239,033, while the average time on the real estate market was 19 days.

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

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