Santa Clara County  »  94301  »  Nevada Ave  »  540 Nevada Ave

540 Nevada Avenue, Palo Alto, CA 94301 - Property report

Also known as: 540 Nevada Ave

Property image for 540 Nevada Avenue, Palo Alto, CA 94301
static Mapbox map

Property type

Single Family (01)

Year built

1936

Acreage

0.115

Sale price

$3,420,000

General Information

Address
Primary address
540 Nevada Ave
Palo Alto, CA 94301
Zip code
94301
Neighborhood
Old Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
124-11-008

Owner

Find out who owns 540 Nevada Avenue, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
10/19/2023
Sale price
$3,420,000
Arm's length
Tax
Tax year
2026-2027
Base tax
$42,744
Current property tax
$42,660
Building
Property type
Single Family
Year built
1936
Lot
Acreage
0.115
Zoning & use
Zoning
Single Family Residence District (R1)

Area overview

Walk score
62 /100.  Somewhat Walkable
Transit score
41 /100.  Some Transit
Bike score
98 /100.  Biker's Paradise

Ownership information for 540 Nevada Avenue, Palo Alto, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 540 Nevada Avenue, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
10/19/2023 $3,420,000 XX, XXXXXXXXX XXXXXX, XXXXXX XXXXXXXX XXXXXXXX XXXXX; XXXXXX, XXXXXX XXXXXXX
11/27/2002 $1,150,000 XXXXXX, XXXXXX XXXXXXXXX, XX
08/14/1990 $620,000 XXXXXXXXX, XXXX & X XXXXXXXXXXXX, X.

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
09/16/2025 Deed of Trust XX, XXXXXXXXX XXXXXXXXX XXXXX XXXXX XXXXX XXXX X X
07/24/2024 Quitclaim Deed Trust Transfer XX, XXXXXXXXX XX, XXXXXXXXX XXXXXXXXX XXXXX
10/19/2023 Deed of Trust XX, XXXXXXXXX XXXXX XXXXX XXXX X X
10/19/2023 Grant Deed XXXXXX, XXXXXX XXXXXXXX XXXXXXXX XXXXX XX, XXXXXXXXX
11/03/2017 Deed to Revocable Trust XXXXXX, XXXXXX XXXXXX, XXXXXX XXXXXXXX XXXXXXXX XXXXX
09/29/2016 Deed of Trust/Mortgage/Securit XXXXXX, XXXXXX XXXXXXXX XXXXX XXXX X X
10/10/2011 Deed of Trust/Mortgage/Securit XXXXXX, XXXXXX XXXXXXXXXX XXXXXX XX
11/27/2002 Deed XXXXXXXXX, XX XXXXXX, XXXXXX
11/27/2002 Deed XXXXXX, XXXXXX XXXXXX, XXXXXX
08/14/1990 Deed XXXXXXXXXXXX, X. XXXXXXXXX, XXXX & X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 540 Nevada 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
2026-2027
Base tax
$42,744
Current property tax
$42,660
Recent tax assessments
Market value
$3,558,168
Land value
$3,121,200
Building value
$436,968

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 $3,488,400 1.2013 $41,906 +4.35%
2024-2025 $3,420,000 1.1743 $40,161 +112.53%
2023-2024 $1,600,895 1.1804 $18,897 +1.13%
2022-2023 $1,569,506 1.1905 $18,685 +2.01%
2021-2022 $1,538,732 1.1904 $18,317 +2.17%
2020-2021 $1,522,956 1.17716 $17,928 +1.09%
2019-2020 $1,493,095 1.18772 $17,734 +2.91%
2018-2019 $1,463,819 1.1773 $17,233 +1.78%
2017-2018 $1,435,118 1.1798 $16,932 +2.66%
2016-2017 $1,406,980 1.1722 $16,493 +0.95%

Permit information for 540 Nevada Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
07/27/2020
07/27/2020
07/27/2020
12/09/2019
12/09/2019

*Most recent permits on record for this property.

Risk

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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

Access the detailed traffic volume map for 540 Nevada 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.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Stratford School NR Private K-5 202 0.52
Stratford School - Palo Alto NR Private PK-7 369 0.54
Stratford School - Palo Alto NR Private PK-7 369 0.54
Keys Family Day School NR Private K-4 177 0.56
Keys School NR Private K-8 289 0.56
El Carmelo Elementary School 6 Public K-5 317 0.70
Walter Hays Elementary School 7 Public K-5 294 0.70
Ohlone Elementary School 8 Public K-5 463 0.78
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Frank S. Greene Jr. Middle 7 Public 6-8 755 0.29
Stratford School - Palo Alto NR Private PK-7 369 0.54
Keys School NR Private K-8 289 0.56
Living Wisdom School Of Palo Alto NR Private K-12 89 0.80
Castilleja School NR Private 6-12 430 0.91
St. Elizabeth Seton NR Private PK-8 254 1.12
Palo Alto Adult Education NR Public 0 1.16
Jane Lathrop Stanford Middle School 8 Public 6-8 996 1.30
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Living Wisdom School Of Palo Alto NR Private K-12 89 0.80
Castilleja School NR Private 6-12 430 0.91
Palo Alto Adult Education NR Public 0 1.16
Palo Alto High School 9 Public 9-12 1,992 1.20
Bear Hollow School NR Private K-12 0 1.20
Fusion Academy - Palo Alto NR Private 7-12 50 1.32
Fusion Academy Palo Alto NR Private 6-12 0 1.32
East Palo Alto Academy 4 Charter 9-12 299 1.98

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 540 Nevada Avenue, Palo Alto, CA 94301?

The development at 540 Nevada Avenue, Palo Alto, CA 94301 was built in 1936.

When was 540 Nevada Avenue, Palo Alto, CA 94301 last sold and what was the sale price?

540 Nevada Avenue, Palo Alto, CA 94301 was last sold on 10/19/2023 for $3,420,000.

What is the assessed value of 540 Nevada Avenue, Palo Alto, CA 94301?

540 Nevada Avenue, Palo Alto, CA 94301 is currently assessed at $3,558,168.

What are the property taxes for 540 Nevada Avenue, Palo Alto, CA 94301?

The property taxes for 540 Nevada Avenue, Palo Alto, CA 94301 total $42,744.

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