Property Overview:
542 Hilbar Ln is a single-family home in Palo Alto, CA, built in 1950. It features 4 bedrooms, 2 bathrooms, and 1,357 sq. ft. of living space. Additional features include a parking garage, fireplace, heating and cooling systems. The estimated home value is $3,186,000.
Neighborhood Highlights:
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Population & Demographics:
- Community population: 41,564 (4% growth since 2000).
- 69% families with children.
- Largest age groups: 35-44 years (14.67%), 25-34 years (14.04%).
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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: Duveneck Elementary, East Palo Alto Academy, Frank S. Greene Jr. Middle.
- 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 above state average of 4.7%).
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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:
- Extensively remodeled since 1998:
- New roof, fence, flooring, kitchen, interior & exterior paint, landscaping, attic pull-down, skylight, sun tunnel, bath fixtures.
- Tree-lined street; walk to Duveneck Elementary.
- Wood floors (mostly, recently refinished).
- Inviting living room and formal dining room.
- Gourmet kitchen with granite countertops and stainless steel appliances.
- Primary suite opens to back patio; 3 additional generous bedrooms.
- Pella windows with integrated adjustable blinds.
- New carpet in 4th bedroom.
- Spacious, landscaped backyard with mature trees, manicured shrubbery, turf, and privacy—ideal for entertaining and relaxing.
- Public records: 1,357 sq. ft. living space, 437 sq. ft. 2-car garage (4th bedroom built in garage with permit in 1971; buyer to verify square footage).
Location Benefits:
- Sought-after Green Gables neighborhood.
- Walking distance to:
- Duveneck Elementary
- The Market at Edgewood
- Pardee Park
- Library and Arts Center
- Rinconada Park
- Minutes to:
- Downtown Palo Alto
- Town & Country Village
- Stanford University and Mall
- Top Palo Alto schools.
- Easy commutes to the tech corridor and airports.
- Perfect for family living and entertaining.