525 EMBARCADERO Rd, Palo Alto, CA 94301 | MLS# 80912654
525 EMBARCADERO Rd Palo Alto, CA 94301
Sq. Ft.: 1,044
$/Sq. Ft.: $910
Lot Size: 4,356 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1920
County: Santa Clara
On Redfin: 39 days
OPEN HOUSE Sun April 19. This Charming home in desirable Professorville is just minutes away from downtown, library, schools, parks, Caltrain, Stanford University and Hospital. 2 BD/2 BA in main house. Detached building with phone line and half bath that can be used as a home office or artist studio. TOP PALO ALTO SCHOOLS. City record shows lot size 4,548 SqFt.
I thought I’d wrap up this week with a Herve house.
This is an amazing deal frankly. $950,000 in Palo Alto. And you’re actually get an extra building that has half a bath – can you say “office space for a startup”?
But Herve sent this in for two reasons:
1. He wanted to point out that the lot size in this listing is different (smaller!) than the city records. By over 4%. Why would someone list it like this?
2. He thought that this would be interesting for everyone to see:
Egads! A price cut. TSK TSK TSK.
Still, not bad… a 24% appreciation in just 4 years. Another 6 more years and this would be doubled.
Better buy it now! (In part, to figure out that lot size question for us!)