Property Overview:
663 Waverley St is a condominium unit in Palo Alto, CA, built in 1981. It features 2 bedrooms, 2 bathrooms, and 1,612 sq. ft. of living space. The home includes a parking garage, heating system, and is currently valued at approximately $2,013,000.
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:
Nearby schools include Addison Elementary, Palo Alto High, Frank S. Greene Jr. Middle, and Packard Children’s Hospital/Stanford.- Average SAT score: 1221 (higher than 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:
- Elegant downtown condo just 1–2 blocks from University Ave and downtown attractions.
- Luxury features:
- Wine refrigerator
- Heated towel bar
- Fireplace
- Wood floors
- Sliding glass doors to a private balcony
- Ample natural light and views of Palo Alto’s tree canopy
- Kitchen:
- Stone countertops
- Glass-paned cabinets
- New appliances (including Sub-Zero refrigerator)
- Excellent lighting and design
- Primary ensuite: Radiant floor heating
- No shared walls (corner unit)
- In-unit laundry room (fits full-sized washer/dryer)
- Gated parking for two vehicles
- Secure intercom access and elevator
- HOA fee includes water, garbage, and earthquake insurance
- Remodeled with hardwood floors, recessed lighting, and fresh paint
Location Benefits:
- Prime downtown location: Walk to University Ave, farmers market, Heritage Park, and more
- Easy commutes to Stanford, Silicon Valley tech campuses, and top-ranked schools
- Private, secure complex with stucco walls and iron gates
- Leafy, tranquil setting with ample privacy
- Ideal for professionals, families, and those seeking vibrant city living