121 Santa Rita Ave
This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:00Property Overview
Current Price
$3,295,000
Fair Range
$3,000,000 - $3,200,000
Negotiation Leverage
3 points to consider in your offer
Recommended Offer
AI Rationale
The offer reflects the property's condition, needed renovations, and market dynamics. The seller's potential motivation due to extended listing period and possible dual mortgage obligations are key factors.
Visual Insights
AI-analyzed spaces with reimagining capabilities
Peeling Paint and Weathered Siding
Exterior paint is peeling and wood siding is weathered, indicating a lack of maintenance and potential water damage.
Outdated Kitchen
The kitchen is outdated with old cabinets, countertops, and appliances. The flooring is also worn and needs replacement.
Aging Roof
The roof appears to be old and may need replacement soon. There are also some missing or damaged shingles.
Overgrown Backyard
The backyard is overgrown and needs landscaping. The detached garage is also in poor condition.
Renovation Assessment
Prioritized renovations based on property inspection and market impact.
High Priority Renovations
Exterior Paint and Siding Repair
Kitchen Renovation
Note: these are rough estimates. For more accurate estimates, please contact a professional.
Ownership History
Previous ownership changes and transaction details
Pricing History
Historical pricing trends for this property
Monthly Costs
Interactive breakdown of estimated monthly expenses
Upfront Transaction Costs
Estimated costs due at closing, including down payment and fees
* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.
** Buyer agent fees are negotiable and may sometimes be covered by the seller.
Buyer Power Index
Price Trajectory
Historical Market Pulse
Key metrics over time, revealing market momentum and patterns
Negotiation Insight
Home sales decreasing 28.9% over the past 3 months suggests growing buyer leverage.
Subject Property
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$1,870,000
Your price is 76.2% above average
Median Price
$2,390,000
Based on 6 recent sales
Price per Sq.Ft
$1,868
Your price is 62.6% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 314 Grant Avenue, Palo Alto, CA 94306 | $1,045,000 | 928 | 2 | 1 | $1,12662.9% | 1/16/2025 |
| 314 Grant Avenue, Palo Alto, CA 94306 | $1,045,000 | 928 | 2 | 1 | $1,12662.9% | 1/16/2025 |
| 335 Kingsley Avenue, Palo Alto, CA 94301 | $2,610,000 | 979 | 2 | 1 | $2,66612.2% | 11/7/2024 |
| 2581 Park Boulevard #Y105, Palo Alto, CA 94306 | $1,200,000 | 1,105 | 2 | 2 | $1,08664.2% | 3/6/2025 |
| 395 Ventura Avenue, Palo Alto, CA 94306 | $2,390,000 | 896 | 2 | 1 | $2,66712.2% | 10/10/2024 |
| 2383 Greer Road, Palo Alto, CA 94303 | $2,930,000 | 1,154 | 3 | 2 | $2,53916.4% | 2/4/2025 |
Schools
Nearby school quality by education level
Elementary
Middle
High
Neighborhood Mobility
How easily you can get around with or without a car
Walk Score®
Very Walkable
Score measures pedestrian-friendliness based on distances to amenities.
Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.
Climate Risks
Assessment of climate-related hazards for this property
Moderate Risk Profile
This property has 0 severe, 0 major, and 2 moderate risk factors
Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.
Safety Analysis
Based on data from Palo Alto Police Department
Crime Rate Comparison
Recent Crime Trends
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Tour Checklist
Key items to inspect during your property tour
Inspect the foundation for cracks, especially near corners and around utility penetrations.
Thoroughly inspect the roof, looking for missing, cracked, or curling shingles. Pay close attention to areas around vents, chimneys, and valleys.
Check all exterior wood trim and siding for rot, especially at ground level and around windows/doors. Probe suspect areas with a screwdriver.
Take photos of all observed defects and areas of concern for future reference and documentation.
Questions to Ask
Important questions to ask during the tour
Are there any known soil issues or previous geological surveys conducted on the property, given its age and location?
What is the history of any past renovations or additions to the property, and were permits obtained for all work?
Are there any known past or present pest infestations (termites, rodents, etc.) and what treatments have been performed?
Given that the property is being sold 'AS IS', are there any known material defects that the seller is aware of but not explicitly disclosed in the listing?
Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
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