Property Overview:
174 Monroe Dr is a single-family home in Palo Alto, CA 94306, built in 1949. It features 2 bedrooms, 1 bathroom, and 888 sq. ft. of living space on a 9,387 sq. ft. lot. The home includes a parking garage, a welcoming fireplace, and has been recently updated with fresh paint and new carpeting. The estimated home value is $2,004,710 (some sources estimate $1,610,000).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (lower than state average of 11.8%).
- Property crime risk: 5.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include Juana Briones Elementary, Ellen Fletcher Middle, Greendell, and Henry M. Gunn High.- Average SAT score: 1221 (higher than state average of 975).
- Other nearby schools: School For Independent Learners, Gideon Hausner Jewish Day School, Imagination School, Egan Junior High, Los Altos High (buyer to verify eligibility).
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Job Market:
- 77.4% white-collar jobs, 22.6% blue-collar jobs.
- Unemployment rate: 2.2% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,332 (18% growth since 2000).
- 56% families with children.
- Largest age group: 45-54 years (16.92%); second largest: 35-44 years (14.54%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.8°F (January), 89.0°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,826.
- Average annual spending: $66,240.
Property Features:
- Traditional floorplan with comfortable bedrooms and a welcoming fireplace.
- Expansive backyard with plenty of space for outdoor entertaining.
- Recently updated with fresh paint and new carpeting.
- Parking garage included.
- Large lot offers future opportunities for expansion or customization.
Location Benefits:
- Ultra-convenient location:
- Walking distance to Monroe Park.
- Less than a mile from The Village at San Antonio Center (Safeway, Starbucks, Walmart, Trader Joe’s, and more).
- Nearby tech companies: Google, Waymo.
- Easy access to Caltrain and US-101.
- Nearby amenities:
- Grocery stores: The Milk Pail Market, Safeway.
- Coffee shops: Dong Lai Shun, Starbucks, Chilly & Munch.
- Restaurants: China Wok Restaurant, Dinah’s Poolside Grill, Dinah’s Poolside Restaurant.
- Family-friendly community with acclaimed schools and parks (Monroe Park, Mayfield Park, Briones Park) nearby.