| Primary address | 409 Sherman Avenue, Palo Alto |
| Zip code | 94306 |
| County | Santa Clara |
| Neighborhood | Mayfield |
| Parcel ID | 124-33-046 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/16/1991 |
| Sale price | $2,375,000 |
| Arm's length | Register |
| Property tax | $90,222 |
| Building sqft | 11,869 |
| Building class | Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) |
| Acreage | 0.11 |
| Lot sqft | 4,636 |
| Units | 1 |
| Year built | 1985 |
| Stories | 3 |
| Zoning district | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 409 Sherman Avenue, Palo Alto, CA 94306 has a total of 11,869 square feet.
What is the year built & the current market value of 409 Sherman Avenue, Palo Alto, CA 94306?409 Sherman Avenue, Palo Alto, CA 94306 was built in 1985 and has a current tax assessor's market value of $7,510,324.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Sale |
|---|---|
| Listing date | 03/27/2026 |
| Last updated | 05/08/2026 |
| Lot size | 0.11 Acre |
Ideal Owner / User or Value Add investment opportunity Located in the heart of Downtown California Avenue District Walk to Caltrain and numerous restaurants and amenities Previous tech tenants include BOX, Next Insurance, Trip Actions, Groupon, & Mixbook Divisible by floor to ±3,958 SF Large outdoor patio on 1st floor Skylights & balcony on 3rd floor
Create a free account to view the complete sales history for 409 Sherman Avenue, Palo Alto, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 05/16/1991 | $2,375,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 409 Sherman Avenue, Palo Alto, CA 94306. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax | $90,222 |
| Market value | $7,510,324 |
Here's the assessment & property tax history for 409 Sherman Avenue, Palo Alto, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $7,510,324 | 1.2013 | $90,222 | +4.35% |
| 2024-2025 | $7,363,064 | 1.1743 | $86,464 | +1.47% |
| 2023-2024 | $7,218,692 | 1.1804 | $85,209 | +1.13% |
| 2022-2023 | $7,077,150 | 1.1905 | $84,253 | +2.01% |
| 2021-2022 | $6,938,383 | 1.1904 | $82,595 | +2.17% |
The complete history of permits filed for 409 Sherman Avenue, Palo Alto, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
| Total population | 27,183 |
| Median age | 42.3 |
| Average household income | $287,065 |
| Family households | 66.6% |
| Occupied housing units | 10,640 |
| Owner occupied units | 52.6% |
| Average number of people per household | 2.55 |
| Median year structure built | 1963 |
| Median value for units with a mortgage | $2,000,001 |
| Median value for units without a mortgage | $2,000,001 |
Create a free account to unlock extended information for 409 Sherman Avenue, Palo Alto, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | 0.2 (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 409 Sherman Avenue, Palo Alto to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 409 Sherman Avenue, Palo Alto.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 240 Cambridge Ave, Palo Alto | 2,301 | ||
| 2454 Ash St, Palo Alto | 3,218 | 04/19/2004 | |
| 346 College Ave, Palo Alto | 5,166 | 06/05/2013 | |
| 441 California Ave, Palo Alto | 8,100 | 06/02/2022 | |
| 1067 Amarillo Ave, Palo Alto | 04/18/2012 | ||
| 2450 Ash St, Palo Alto | 1,788 | 04/19/2004 | |
| 1862 Ash St, Palo Alto | 1,852 | 05/24/2022 | $2,500,000 |
| 2917 Simkins CT, Palo Alto | 2,948 | 10/12/2007 | |
| 466 Grant Ave, Palo Alto | 08/27/2025 | ||
| 2438 Ash St, Palo Alto | 07/18/2025 | ||
| 302 College Ave, Palo Alto | 11/14/2003 | $605,000 | |
| 407 California Ave, Palo Alto | 8,000 | 07/18/2025 | |
| 326 Leland Ave, Palo Alto | 06/17/2021 | $4,188,000 | |
| 237 Churchill Ave, Palo Alto | 12/05/2017 | $12,200,000 | |
| 2901 Simkins CT, Palo Alto | 2,948 | 02/14/2019 | |
| 2456 Indian Dr, Palo Alto | 07/01/2025 | ||
| 425 California Ave, Palo Alto | 5,556 | 05/30/2019 | |
| 233 Oxford Ave, Palo Alto | 02/11/2021 | ||
| 1885 El Camino Real, Palo Alto | 3,058 | 06/02/1998 | $299,000 |