Property Overview:
4131 Thain Way is a condominium unit in Palo Alto, CA, built in 1980. It features 3 bedrooms, 2 bathrooms, and 1,445 sq. ft. of living space (plus a 210 sq. ft. garage, total 1,655 sq. ft.). The home includes a parking garage, fireplace, heating and cooling systems, and has an estimated value of $1,887,000 (last sold for $1,325,000 in 2016).
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 top-rated schools: Juana Briones Elementary, Ellen Fletcher Middle, Henry M. Gunn High, Greendell
- Average SAT score: 1221 (higher than state average of 975)
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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:
- Ground-floor, corner end unit with no steps and a single-level layout
- Rare 4 rooms with doors to private patios in a fenced yard
- Detached garage with remote auto door and workbench; second assigned parking space (total 2 parking spots)
- New appliances (as of 8/16), hardwood floors, tile flooring
- Eat-in kitchen counter, open-concept living & dining area with fireplace and outdoor patio
- Updated bathrooms, laundry room
- Large ensuite primary bedroom with walk-in closet and shaded patio among mature oaks
- 2 full baths (tub & shower)
- Second bedroom with access to fenced yard and covered patio
- Office nook for functional workspace
- Fresh interior paint, recessed lighting
- HOA amenities: pool, spa, clubhouse/party room, tennis courts, ample guest parking
- Lush, garden setting with mature trees and wide, winding neighborhood streets
Location Benefits:
- Prime Palo Alto location with access to top-rated schools
- Close to El Camino Real, Highway 280, major tech companies (Google, Facebook, Stanford), parks, shopping, and dining
- Short stroll to pool and cabana among oak trees
- Well-maintained, family-friendly community with recreation facilities
- Ideal for modern living in one of Palo Alto’s most desirable neighborhoods