Sold1035d on market
862 Waverley St
Palo Alto, CA, 94301 • University South • Santa Clara County
$3,900,000
$1604/sqft
3Beds
3Baths
2,431Sqft
0.1 acLot
2005Built
Property DNA
Outdoor Living
Balcony/Patio
2-Car Garage
Attached
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 1035 days ago · 13 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
13 views
People checking out this listing
1035 days on market
Established listing
$1,604/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 2005
Highly sought after downtown PA living built by Summerhill Homes completed in 2004. Just blocks to University Avenue and adjacent to Heritage Park. Spacious living room with fireplace, built in cabinetry and plantation shutters. Eat-in chef's kitchen features Wolf appliances, island with prep sink, lots of natural light and opens onto generous, heated back patio perfect for outdoor dining and entertaining. Two bedrooms reside upstairs and are serviced by elevator, including the primary suite with a spacious spa-like bathroom. The 3rd bedroom is a separate, detached studio perfect for guests or extended family. High-end details include newly refinished walnut hardwood floors, crown molding, and plantation shutters. Elevator, separate laundry room, two-car garage. Sought-after Palo Alto schools, Addison Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).
Standout features identified
Our analysis highlights spacious spa-like bathroom, separate laundry room, and crown molding as key attractions of this home.
Estimated monthly payment
Based on current rates
$24,588/month
Principal & Interest$19,359
Property Tax$3,900
Insurance$1,300
HOA$29
Down payment20% ($780,000)
3%50%
Est. 6.32% rate · 30yr fixed · $3,120,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence, Residential
Year Built2005
HeatingCentral Forced Air
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$350 annually
Lot4,481 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence, Residential
Year built2005
Stories2
Systems
HeatingCentral Forced Air
CoolingCentral Air
RoofComposition, Shingle
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAttached
Garage2 spaces
Fireplaces1
Lot4,481 sqft
Location & Tax
NeighborhoodUniversity South
ZoningPC
Annual tax$49,784
Parcel12017104
Bathrooms & Fees
Full baths2
HOA$29/mo
Features & details
12 categories of property features
Interior Features
Interior
Walk-In Closet(s)
Appliances
Gas Cooktop
Dishwasher
Disposal
Range Hood
Built In Oven
Refrigerator
Washer/Dryer
Flooring
Hardwood
Heating
Central Forced Air
Cooling
Central Air
Laundry
In Utility Room
Fireplace
Gas Log
Living Room
Exterior Features
Exterior
Barbecue
Parking
Attached
Patio & Porch
Balcony/Patio
Utilities
Public Utilities
Water Public
Gas
PublicUtilities
Room details
5 rooms detailed
Bedroom
PrimarySuiteRetreatWalkinCloset
Bathroom
PrimaryStallShowersPrimarySunkenTubShoweroverTub1UpdatedBathsPrimaryOversizedTub
Dining Room
FormalDiningRoom
Family Room
NoFamilyRoom
Kitchen
Countertop_GraniteIslandwithSink
Listing insights
Market data and value estimates
StatusSold
Days on market1035
Est. value$4,402,000
Est. rent$7,824/mo
Tax rate1.19%
Price/sqft$1604
On marketMay 25, 2023
PostedJun 8, 2023
Last sold$3,900,000
MLS updatedJun 18, 2024
Tour days6
Views13
How are the schools in Palo Alto?
3 schools rated nearby
Location
Palo Alto, CA, 94301
Price history
6 events
DateEventPrice$/sqftSource
Jun 8, 2023Sold$3,900,000$1,604MLSListings Inc
Jun 1, 2023Pending Sale$3,450,000$1,419MLSListings Inc
May 25, 2023Listed For Sale$3,450,000$1,419MLSListings Inc
Feb 27, 2013Sold$2,900,000$1,193Public Record
Jun 14, 2010Sold$1,710,000$703Public Record
Sep 8, 2005Sold$2,225,000$915Public Record
Sold$3,900,000
Jun 8, 2023•$1,604/sqft•MLSListings Inc
Pending Sale$3,450,000
Jun 1, 2023•$1,419/sqft•MLSListings Inc
Listed For Sale$3,450,000
May 25, 2023•$1,419/sqft•MLSListings Inc
Sold$2,900,000
Feb 27, 2013•$1,193/sqft•Public Record
Sold$1,710,000
Jun 14, 2010•$703/sqft•Public Record
Sold$2,225,000
Sep 8, 2005•$915/sqft•Public Record
Tax history
12 years of records
YearTax paidAssessed value
Apr 9, 2025$49,784$4,057,560
Apr 9, 2024$47,733$3,978,000
Apr 9, 2023$42,962$3,562,071
Apr 9, 2022$42,468$3,492,227
Apr 9, 2021$41,631$3,423,753
Apr 9, 2020$40,764$3,388,647
Apr 9, 2019$40,764$3,322,204
Apr 9, 2018$39,198$3,257,064
Apr 9, 2017$39,198$3,193,201
Apr 9, 2016$38,510$3,130,590
Apr 9, 2015—$3,083,567
Apr 9, 2014—$2,975,866
Nearby homes
Neighborhood details
Local context around this listing
Palo Alto, CA • Santa Clara County
Nearby neighborhoods
Barron ParkCrescent ParkDowntown NorthDuveneck - St. FrancisGreenmeadowMidtownOld Palo AltoPalo VerdeUniversity SouthVentura
Nearby cities
CupertinoGilroyLivermoreMilpitasMorgan HillMountain ViewPalo AltoSan Jose
Nearby zip codes
94022940289430194302943039430494306
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Based on information from the MLSListings MLS as of 2026-04-08 19:09:20 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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