Property Overview:
3247 Murray Way is a single-family home in Palo Alto, CA, built in 1962. It features 4 bedrooms, 2 bathrooms, and 1,509 sq. ft. of living space. The home includes a parking garage, fireplace, heating and cooling systems, and is currently valued at $2,590,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.1% (higher than state average of 11.8%).
- Property crime risk: 11.7% (higher than state average of 10.8%).
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Schools:
Nearby schools include Palo Verde Elementary, Jane Lathrop Stanford Middle, Greendell, and Palo Alto High.- Average SAT score: 1062 (above state average of 975).
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Job Market:
- 59.9% white-collar jobs, 40.1% blue-collar jobs.
- Unemployment rate: 4.9% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age group: 35-44 years (14.67%), followed by 25-34 years (14.04%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.2°F (January), 87.2°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $82,787.
- Average annual spending: $59,990.
Property Features:
- Immaculate condition with remodeled chef’s kitchen featuring a waterfall breakfast bar, spacious counters, and contemporary finishes.
- Open-concept layout ideal for relaxing and entertaining.
- Refinished hardwood floors in bedrooms and living room; new luxury vinyl planks in informal spaces.
- Updated bathrooms, new lighting, freshly painted interior and exterior.
- Dual-pane windows, wood-burning fireplace, new electrical panel with separate circuit for EV charger.
- Gas line in kitchen for optional gas range.
- Professionally landscaped with drought-tolerant plants and two large patios—perfect for outdoor entertaining.
- Large lot offers opportunity to expand.
- Walk or bike to Palo Verde Elementary, YMCA, and Seale Park (buyer to verify school eligibility).
- Move-in ready and designed for the Palo Alto lifestyle.
Location Benefits:
- Family-friendly community with a high percentage of families with children.
- Convenient access to top-rated schools, parks, and local amenities.
- Excellent for outdoor living and entertaining.
- Strong community growth and desirable neighborhood in the heart of Palo Alto.