Santa Clara County » 94301 » University Ave » 499 University Ave

499 University Avenue, Palo Alto, CA 94301 - Property report

Also known as: 480 Cowper St

Property image for 499 University Avenue, Palo Alto, CA 94301

Property type

Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)

Year built

1997

Acreage

0.16

Sale price

$104,500

General Information

Address

Primary address

499 University Ave
Palo Alto, CA 94301

Alternate address(es)

480 Cowper St
487 University Ave

Zip code

94301

Neighborhood

Downtown North Palo Alto

County

Santa Clara

Municipality

Palo Alto

Parcel ID

120-15-016

Sales

Sale date

01/31/1996

Sale price

$104,500

Arm's length

Tax

Tax year

2025-2026

Property tax

$78,222

Building

Property type

Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)

Building sq. ft.

16,393

Stories

Year built

1997

Lot

Acreage

0.16

Lot sq. ft.

6,825

Zoning & use

Zoning

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

54 /100. Good Transit

Bike score

99 /100. Biker's Paradise

Ownership

Ownership information for 499 University Avenue, Palo Alto, CA

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 499 University Avenue, Palo Alto, CA 94301

Sale date	Sale price	Buyer name	Seller name
01/31/1996	$104,500	XXX X XXXXXXX XXXXXXXXX XX	XXXX XXXXX
02/07/1994	$450,000	XXXX XXXXX	XXXXX, XXXXX X

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date	Type	Party 1	Party 2
07/23/2025	Notice Non Responsibility	XXXXXXXXX XXXXXXXXXX XXX
03/07/2019	Notice Non Responsibility	XXXXXX XXXXXXX XXXXXXXX XXX
01/09/2019	Ucc - Financing Statement - Termination	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX	XXX
12/28/2018	Agreement Subordination Agreement	XXX	XXXX XXXXX XXX XXXX XXX
12/28/2018	Agreement Subordination Agreement	XXXXXX XXXXXXXX XXXXXX XXXXXXX XXX	XXXXXX XXXXXXXX XXXXXX XXXXXXX XXX
12/28/2018	Agreement	XXXX, XXXX X XXXXXXX	XXXX XXXXXXXX X
12/28/2018	Assignment of Rents and Leases	XXX	XXXXX XXXX XXXX
12/28/2018	Deed of Trust	XXX	XXXXX XXXX XXXX
12/28/2018	Grant Deed	XXX	XXX
02/01/2016	Continuation Finance Statement	XXX	XXXXXXXXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 499 University Avenue, Palo Alto, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$78,222

Recent tax assessments

Market value

$6,511,414

Land value

$485,165

Building value

$6,026,249

More about Santa Clara County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Assessed value	Tax rate	Property tax	Y-o-Y change
2025-2026	$6,511,414	1.2013	$78,222	+4.35%
2024-2025	$6,383,740	1.1743	$74,964	+1.47%
2023-2024	$6,258,570	1.1804	$73,876	+1.13%
2022-2023	$6,135,854	1.1905	$73,047	+2.01%
2021-2022	$6,015,544	1.1904	$71,609	+2.17%
2020-2021	$5,953,863	1.17716	$70,086	+1.09%
2019-2020	$5,837,122	1.18772	$69,329	+2.91%
2018-2019	$5,722,670	1.1773	$67,371	+1.78%
2017-2018	$5,610,462	1.1798	$66,194	+2.66%
2016-2017	$5,500,454	1.1722	$64,476	+0.95%

Permits

Permit information for 499 University Avenue, Palo Alto, CA

Issued date	Permit number	Permit type	Sub type	Valuation	Finaled date	Status
12/30/2025
12/18/2025
01/12/2021
01/12/2021
11/10/2020

*Most recent permits on record for this property.

Listings

Neighborhood

Demographics by ZIP code

Total population

17,508

Median age

46.7

Average household income

$342,324

Family households

61.6%

People per household (average)

2.4

Occupied housing units

7,167

Owner-occupied units

53.0%

Median year structure built

1957

Median value mortgaged units

$2,000,001

Median value unmortgaged units

$2,000,001

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

0.2

Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 499 University Avenue, Palo Alto, CA 94301 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Nearby ZIP codes for 499 University Avenue, Palo Alto, CA

94022, Santa Clara County, CA 94024, Santa Clara County, CA 94041, Santa Clara County, CA 94043, Santa Clara County, CA 94303, Santa Clara County, CA 94305, Santa Clara County, CA 94555, Alameda County, CA 94560, Alameda County, CA

Frequently asked questions

What is the year built for 499 University Avenue, Palo Alto, CA 94301?

The development at 499 University Avenue, Palo Alto, CA 94301 was built in 1997.

What is the market value of 499 University Avenue, Palo Alto, CA 94301?

The current market value of 499 University Avenue, Palo Alto, CA 94301 is $6,511,414.

What is the total square footage of 499 University Avenue, Palo Alto, CA 94301?

499 University Avenue, Palo Alto, CA 94301 has a total of 16,393 square feet.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.