Property Overview:
449 Homer Ave is a beautifully updated townhome in Palo Alto, CA, built in 1981. It features 3 bedrooms, 2 bathrooms, and 1,541 sq. ft. of living space. The home includes a secure, gated underground parking garage for two cars, a lockable storage closet, and individually controlled heating/AC in each room. The estimated home value is $1,845,000 (last sold for $2,125,000 in 2018).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (slightly lower than state average of 10.8%).
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Schools:
Highly desirable Palo Alto schools:- Addison Elementary
- Greene Middle School
- Palo Alto High (PALY)
- Packard Children’s Hospital/Stanford
- Average SAT score: 1221 (well above state average of 975).
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- Recently updated with wide-plank engineered hardwood floors throughout.
- Spacious living room with built-in media shelving, gas fireplace, and French doors to a private patio.
- Chef’s kitchen:
- Granite countertops
- Center island
- Abundant cherry cabinetry & pantry
- Breakfast nook
- Instant hot water spigot
- Stainless steel appliances
- Primary bedroom suite:
- Wall of mirrored closets
- Beautifully updated bath with double sinks and large walk-in shower
- Laundry: Electric washer and dryer conveniently located between bedrooms upstairs.
- Parking: Designated underground parking for two cars in a secure, gated garage plus lockable storage closet.
- Private outdoor patio with gate to the lush community courtyard.
Location Benefits:
- Prime walkable location:
- 3 blocks to University Avenue
- 4 blocks to Whole Foods
- Easy walk to Town & Country shopping center
- Just over ½ mile to Caltrain
- 1 mile to Stanford University
- Less than 2 miles to Highway 101
- Outstanding walk score of 92
- Ideal for commuters and those seeking access to all of Silicon Valley
- Quiet, secluded setting set back from a tree-lined street