Property Overview:
3428 Greer Rd is a single-family home in Palo Alto, CA, built in 1957. It features 4 bedrooms, 2 bathrooms, and 1,825 sq. ft. of living space. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $2,988,000. This is an iconic Eichler fixer.
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 East Palo Alto Academy.- 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:
- Iconic Eichler architecture with mid-century modern design.
- 4 bedrooms and 2 bathrooms provide ample space for families.
- Fireplace for cozy living.
- Parking garage for convenience.
- Heating and cooling systems for year-round comfort.
- Fixer opportunity for customization and value-add potential.
Location Benefits:
- Family-friendly community with a high percentage of households with children.
- Access to top-rated schools with above-average SAT scores.
- Convenient Palo Alto location near tech hubs, parks, and amenities.
- Strong job market with a majority of white-collar employment.
- Ideal for families seeking space, schools, and community in a prime Silicon Valley location.