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779 La Para Ave
Score
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Palo Alto, CA

779 La Para Ave

2.5M
5 bd • 3 ba • 1,536 sf

This analysis was generated on 3/9/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$2,499,000

Price/Sq.Ft

$1,627

Year Built

1925

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Flooring: Adds warmth and value to the living spaces. Estimated value add: $5,000 - $10,000 depending on coverage. • Vaulted Ceilings: Creates a sense of spaciousness and adds architectural interest. Estimated value add: $3,000 - $7,000. • Stainless Steel Appliances: Modern appliances enhance the kitchen's appeal. Estimated value add: $2,000 - $5,000. • Hardwood Floors • Stainless Steel Appliances • Vaulted Ceilings • Arched Doorways • Price Position: At $1626.95 per square foot, this property is priced at a premium. Comparing this to recent sales of similar properties in Barron Park is essential to determine if it's justified. • Appreciation Trend: Market data unavailable, but Palo Alto generally experiences strong appreciation due to its location and desirability. Researching historical trends for Barron Park is crucial. • Rental Income: $6,000/month with 90% occupancy (3.5% cap rate) • Schools: The presence of award-winning schools significantly enhances property values in Barron Park. Homes in this area command a premium of 10-15% compared to similar properties in less desirable school districts. • Safety: Violent crime rates are significantly lower (-83.1% vs state, -84.5% vs national). Property crime rates are also lower (-52.3% vs state, -42.8% vs national). Burglary rates are lower compared to the state (-15.6%) but higher than the national average (15.3%). • Future Development: No specific developments are listed as directly impacting this property. However, the Barron Park neighborhood is highly desirable, and any future developments would likely be subject to strict zoning regulations to preserve the area's character.
Hardwood Flooring

Hardwood Flooring

Adds warmth and value to the living spaces. Estimated value add: $5,000 - $10,000 depending on coverage.

Vaulted Ceilings

Vaulted Ceilings

Creates a sense of spaciousness and adds architectural interest. Estimated value add: $3,000 - $7,000.

Stainless Steel Appliances

Stainless Steel Appliances

Modern appliances enhance the kitchen's appeal. Estimated value add: $2,000 - $5,000.

The Bad

• Kitchen Renovation (MEDIUM priority): $15,000 • Bathroom Update (MEDIUM priority): $8,000 • Exterior Landscaping and Driveway Repair (LOW priority): $5,000 • Moderate flood risk (FEMA Zone X_SHADED) requires flood insurance, adding to ownership costs. • Severe air quality risk (7/10) with 13 bad air days per year may impact buyer interest and property value. • Potential for rising interest rates could impact buyer affordability and slow down market activity. • Natural light varies throughout the house. Some rooms have ample light due to large windows, while others are darker. The kitchen appears to have limited natural light.

The Ugly

No critical issues identified
Dated Kitchen

Dated Kitchen

The kitchen features a mix of updated stainless steel appliances and older cabinets and countertops. The granite countertops appear dated and may need replacement.

Dated Bathroom

Dated Bathroom

The bathroom features a unique stone tile shower, but the overall design appears dated and may not appeal to all buyers.

Exterior Condition

Exterior Condition

The exterior shows some signs of age, including weathered stucco and overgrown landscaping. The concrete driveway also appears cracked and uneven.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $72,000 with 90% occupancy rate Value Investors: Projected 11.2% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $28,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$185,588

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jan 20, 2015
Richard Filipowicz, The Richard Filipowicz Revocable LivingRichard Filipowicz & Teresa Slowik Filip, Teresa Slowik Filipowicz
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Apr 9, 2004
Richard FilipowiczRichard Filipowicz, Richard Filipowicz Revocable Living Tr
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jan 30, 2002
Eva B Filipowicz, Richard FilipowiczRichard Filipowicz
Affidavit Of Death
Non-Arm's Length Transactions
$0Cash Purchase
Mar 28, 1997
Richard Filipowicz, Eva B FilipowiczRichard Filipowicz, Eva B Filipowicz
Correction Deed
Non-Arm's Length Transactions

Property Taxes

$5,599
2024 Tax Assessment
1.5%from previous year
Assessed Value$465,643
Tax Rate1.20%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Elementary

7.0/10
Good

Middle

7.0/10
Good

High

9.0/10
Excellent

Financials

Monthly Costs
Market Rent (5 bed)

$2,400

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,499,000
Price/sqft
$1,627
Layout
5 bd3 ba
Days on market
24 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$3,069,700

18.6%

Your price is 18.6% below average

Median Price

$3,158,000

20.9%

Based on 6 recent sales

Price per Sq.Ft

$1,876

13.3%

Your price is 13.3% below average $/sqft

Comparable Properties

163 Del Monte Avenue, Los Altos, CA 94022
Price: $4,200,000
Sq.Ft: 1,830
Beds/Baths: 4/3
$/Sq.Ft:
$2,29541.1%
Sale Date: 10/1/2024
731 Barron Avenue, Palo Alto, CA 94306
Price: $3,550,000
Sq.Ft: 1,767
Beds/Baths: 4/2
$/Sq.Ft:
$2,00923.5%
Sale Date: 1/22/2025
4225 Park Boulevard, Palo Alto, CA 94306
Price: $2,225,000
Sq.Ft: 1,623
Beds/Baths: 4/2
$/Sq.Ft:
$1,37115.7%
Sale Date: 10/17/2024
4263 Park Boulevard, Palo Alto, CA 94306
Price: $2,285,200
Sq.Ft: 1,388
Beds/Baths: 4/2
$/Sq.Ft:
$1,6461.2%
Sale Date: 10/10/2024
3669 Ramona Circle, Palo Alto, CA 94306
Price: $3,158,000
Sq.Ft: 1,460
Beds/Baths: 4/2
$/Sq.Ft:
$2,16332.9%
Sale Date: 9/12/2024
3728 Lindero Drive, Palo Alto, CA 94306
Price: $3,000,000
Sq.Ft: 1,696
Beds/Baths: 4/2
$/Sq.Ft:
$1,7698.7%
Sale Date: 9/30/2024

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