28 days on rocket

881 La Para Ave, Palo Alto, CA, 94306

$5,785,000

4 Bedrooms
4 Full Baths, 1 Partial
3,354 SqFt
$1,725/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2024
HeatingForced Air
FireplaceLiving Room
ViewNeighborhood
MLS #ML81977914
Lot Size0.21 Acres
StatusActive

About 881 La Para Ave

Unique opportunity to unlock the advantages of buying a new construction by Thomas James Homes. When purchasing this home, you will benefit from preferred pricing, design personalization, and more. Estimated home completion is Summer 2025. At the heart of the home is the great room with fireplace and gourmet kitchen with walk-in pantry, island with bar seating, nook, and dining area. This area leads out to your backyard through large doors that let in wonderful natural light. Continue through the home to an ADU with kitchenette and en suite bathroom, 2 additional secondary bedrooms with en suite bathrooms, and a laundry room. The grand suite boasts a spa-like bathroom and walk-in closet. Contact TJH to learn the benefits of buying early. *Preliminary architecture shown is subject to change based on jurisdiction's design review process. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2024
  • Stories: 1
  • Living Area: 3,354 SqFt

Listing Office:

  • Office Name: Thomas James Real Estate Services, Inc,
  • Office Phone: (213) 344-2214
  • Listing Agent: Frances Ibay

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan
  • Flooring Type: Tile, 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

Exterior Information:

  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Henry M. Gunn High School, Public District Grades 9-12
  • Terman Middle School, Public District Grades 6-8
  • Barron Park Elementary School, Public District Grades KG-5
  • Herbert Hoover Elementary School, Public District Grades KG-5
  • Ohlone Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Laguna Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,785,000
  • Price Per SqFt: $1,725/SqFt

Tax Information:

  • Annual Amount: $1,858
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.1M

Med. Price/SqFt

$1,728

Avg. Days On Market

19

# of Sold Homes

29

881 La Para Ave vs Palo Alto

28 DAYS ON ROCKET

+9 Days

$5,785,000

+$2.6M More

$1,725/SqFt

-$4 Less

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $4/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: #ML81977914

Listing Office:

  • Office Name: Thomas James Real Estate Services, Inc,
  • Office Phone: (213) 344-2214
  • Listing Agent: Frances Ibay

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: 9/20/2024, 8:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,858$84,468
2020$1,857$83,603
2019$1,799$81,964
2018$1,800$80,358
2017$1,765$78,783

History based on county public records data.

Payment Calculator

$28.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.4K

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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-120508
7
/10
  • Barron Park Elementary School

  • 800 Barron Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-120509
9
/10
  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-120510
9
/10
  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 2.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-120511
8
/10
  • Terman Middle School

  • 655 Arastradero Rd

  • 0.66 miles

  • Public District Grades 6-8

High School

school-card-donut-120512
9
/10
  • Henry M. Gunn High School

  • 780 Arastradero Rd

  • 0.61 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,101. Residents of Palo Alto, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 881 La Para Ave

What is the listing price of this property?

The listing price of 881 La Para Ave property is $5,785,000.

What type of property is this?

The property 881 La Para Ave is a house located in Palo Alto, California, 94306.

Is this property for sale now?

Active Listing: 881 La Para 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 881 La Para Ave are:
Barron Park Elementary School: GreatSchools Rating 7/10
Herbert Hoover Elementary School: GreatSchools Rating 9/10
Ohlone Elementary School: GreatSchools Rating 9/10
Terman Middle School: GreatSchools Rating 8/10
Henry M. Gunn 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 $1,858 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 881 La Para Ave has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 881 La Para Ave is 3,354 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 881 La Para Ave is 2024.
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Rocket HomesCaliforniaSanta Clara CountyPalo Alto94306881 La Para Ave

This home is located at 881 La Para Ave in Palo Alto, CA and zip code 94306 in the Santa Rita Rancho neighborhood. This 3,354 square foot home, which was built in 2024, sits on a 0.21 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $5,785,000.

Over 13 listings were sold over their listed price in August 2024 in Palo Alto, CA. In the same period over 11 listings were sold below the listed price and 4 listings were sold for the listed price. In August 2024 in Palo Alto, CA there were 28.9% more homes for sale than in July 2024. In August 2024 median list price was $3,176,666 and the average listing age was 19 days.

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

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