Ideally located at the corner of Waverley and Homer Avenue across the street from Heritage Park, this property is just blocks from University Avenue and Whole Foods. DHS Zoning District (Detached Houses on Small Lots) - 8-20 units per acre. Currently developed as a 2,086 SF office building with basement and onsite parking. Vacant and available for immediate occupancy and grandfathered use as office or conversion to residential use. The fully remodeled office building features 6 spacious private offices, two half bathrooms, a kitchenette and two separate basement storage areas.
Property Details
Property Features
Property Information:
Year Built: 1916
Living Area: 2,086 SqFt
Listing Office:
Office Name: Wilbur Properties
Office Phone: (650) 847-3800
Listing Agent: Anne Wilbur
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central 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: Waverley
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Price Per SqFt: $1,726/SqFt
Tax Information:
Annual Amount: $8,080
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $400K more than the Median Sold Price and $34/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: #ML81984721
Listing Office:
Office Name: Wilbur Properties
Office Phone: (650) 847-3800
Listing Agent: Anne Wilbur
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: 10/27/2024, 12:55:51 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
YEAR
PROP. TAX
ASSESSMENT
2021
$8,080
$602,223
2020
$8,080
$596,049
2019
$7,799
$584,362
2018
$7,800
$572,905
2017
$7,662
$561,673
History based on county public records data.
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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
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school1.88 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school2.98 miles
Public District Grades KG-5
Middle School
8
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.29 miles
Public District Grades 6-8
High School
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.57 miles
Public District Grades 9-12
Assigned Schools
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school1.88 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school2.98 miles
Public District Grades KG-5
Assigned Schools
8
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.29 miles
Public District Grades 6-8
Nearby Schools
2
/10
Cesar Chavez Elementary School
2450 Ralmar Ave
Distance between this listing and this school2.10 miles
Public District Grades 6-8
1
/10
Los Robles Magnet Academy
2450 Ralmar Ave
Distance between this listing and this school2.10 miles
Public Magnet Grades KG-8
Assigned Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.57 miles
Public District Grades 9-12
Nearby Schools
3
/10
East Palo Alto Academy
475 Pope St
Distance between this listing and this school1.18 miles
Public Charter Grades 9-12
7
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school1.49 miles
The neighbors living near this home have an average income of $86,822. Most Palo Alto, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 385 Homer Ave
What is the listing price of this property?
The listing price of 385 Homer Ave property is $3,600,000.
What type of property is this?
The property 385 Homer Ave is a house located in Palo Alto, California, 94301.
Is this property for sale now?
Active Listing: 385 Homer Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 385 Homer Ave are: Addison Elementary School: GreatSchools Rating 8/10Ohlone Elementary School: GreatSchools Rating 9/10Herbert Hoover Elementary School: GreatSchools Rating 9/10David Starr Jordan Middle School: GreatSchools Rating 8/10Palo 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 $8,080 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 385 Homer Ave has 2 bathrooms..
What is the square footage of this property?
The property 385 Homer Ave is 2,086 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 385 Homer Ave is 1916.
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This home is located at 385 Homer Ave in Palo Alto, CA and zip code 94301 in the University South neighborhood. This 2,086 square foot home, which was built in 1916, sits on a 0.11 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $3,600,000.
In September 2024 more than 21 listings in Palo Alto, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Palo Alto, CA between August 2024 and September 2024 increased by 28%. Listings spent 24 days on the market in September 2024, and had a median list price of $3,200,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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