Property Overview:
482 Ferne Ave is a single-family home in Palo Alto, CA, built in 1956. It features 4 bedrooms, 2 bathrooms, and 1,611 sq. ft. of living space. The home includes a parking garage, fireplace, heating system, and cooling system. The estimated home value is $2,137,000.
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 Greendell, Monta Loma Elementary, Jane Lathrop Stanford Middle, and Henry M. Gunn High.- Average SAT score: 1221 (well above state average of 975).
- Award-winning schools: Fairmeadow Elementary, JLS Middle, Gunn High (buyer to confirm).
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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:
- Modern elegance meets timeless charm on a quiet cul-de-sac.
- Spacious floor plan with 3 bedrooms plus office and 3 full bathrooms (alternate listing).
- Galley kitchen with gas cooktop and breakfast room.
- Living room: Hardwood floors, abundant natural light, cozy fireplace, direct yard access.
- Serene yard: Mature landscaping, patios, pond, lush lawn, large storage shed, spacious side yards.
- Attached 2-car garage.
Location Benefits:
- Prime location near top-rated schools, parks, shopping, dining, and major tech hubs.
- Ideal for family living, relaxing, and entertaining.