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622 Palo Alto Ave, Palo Alto, CA, 94301

2beds
1baths
800sqft
$2,298,000
$2,873price/sqft
$14,720/moest. monthly cost
$588,800/yrincome needed

About This Home

Nestled on a quiet, court-like street with no homes directly across creating a peaceful, cul-de-sac feel, this delightful 2-bedroom, 1-bath cottage offers the perfect blend of privacy, charm, and convenience. Situated directly across from scenic San Francisquito Creek, you'll enjoy a tranquil setting while being just a short stroll to downtown Palo Alto, Stanford University, Caltrain, acclaimed restaurants, and boutique shopping. Filled with timeless character and light, the home features inviting living spaces, mature fruit trees, a detached one-car garage, and a long driveway that accommodates 3 to 4 additional vehicles an exceptional amenity in this coveted neighborhood. Enjoy the privacy of a single family home, better than a condo with no HOA fees. Ideal as a primary residence, pied a terre, or investment in a coveted Palo Alto location. Located within the highly acclaimed Palo Alto school district (buyer to verify enrollment).

Getting Around

77
WalkingVery Walkable
51
TransitGood Transit
99
BikeBiker's Paradise

Schools

9/10
9/10
10/10
Palo Alto High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Other
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Oven/Range,Refrigerator
  • Laundry features: Inside

Bathroom

  • Features: ShoweroverTub1

Bedroom

  • Features: GroundFloorBedroom, WalkinCloset, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: NoFormalDiningRoom

Family Room

  • Features: NoFamilyRoom

Features

  • Walk-In Closet(s)

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 12001035
  • Zoning: R1
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 3,070 sqft

Parking

  • Total spaces: 4
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,619$139,428
Home Insurance *$166$1,992
Property Taxes $2,537$30,444
Electricity $398$4,786
Total$14,720$176,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$504,685/yr
40% on housing$441,600/yr
45% on housing$392,533/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,873This listing

vs Other Active Listings

Avg $/sqft

ZIP 94301$1,958
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 94301$2,265
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-16Listed for sale$2,298,000
2017-06-27Listing removed$4,700
2017-06-15Listed for rent$4,700
2000-10-03Sold$525,000

For Sale by Agent

AgentAngela K. Galatolo
BrokerageThe Agency

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