Santa Clara County  »  997 Ilima Way

997 Ilima Way, Palo Alto, CA 94306 - Property report

Also known as: 997 Ilima Way

Property image for 997 Ilima Way, Palo Alto, CA 94306
static Mapbox map

Property type

Single Family (01)

Year built

1960

Acreage

0.201

Sale price

$3,420,000

General Information

Address
Primary address
997 Ilima Way
Palo Alto, CA 94306
Zip code
94306
Neighborhood
Barron Park
County
Santa Clara
Municipality
Palo Alto
Parcel ID
137-18-015
Tract
2727

Owner

Find out who owns 997 Ilima Way, Palo Alto, CA 94306. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/14/2026
Sale price
$3,420,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$35,534
Building
Property type
Single Family
Year built
1960
Lot
Acreage
0.201
Zoning & use
Zoning
Single Family Residence District (R1)

Area overview

Walk score
29 /100.  Car-Dependent
Transit score
30 /100.  Some Transit
Bike score
81 /100.  Very Bikeable
Ownership

Ownership information for 997 Ilima Way, Palo Alto, CA

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

Sales history for 997 Ilima Way, Palo Alto, CA 94306

Sale date Sale price Buyer name Seller name
05/14/2026 $3,420,000 XX, XX XXXXX; XX, XXXXXXX XXXXXX; XX, XXXXXXX XXXX XXXX; XX, XXXX XXXXX XXXXX, XXXX
09/15/2023 $2,900,000 XXXXX, XXXX XXXXXX, XXXXX X XXXXXXX; XXXXXX, XXXXXX X XXXXXXXXX XXXXXX XXXXX XXXXXXXXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
05/22/2026 Reconveyance
Substitution Trustee		 XXXXX, XXXX XXXXX, XXXX
05/14/2026 Deed of Trust XX, XX XXXXX XXXXX XXXXX XXXX X X
05/14/2026 Grant Deed XXXXX, XXXX XX, XXXXXXX XXXX XXXX
11/13/2024 Deed of Trust XXXXX, XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/15/2023 Deed of Trust XXXXX, XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/15/2023 Grant Deed XXXXXX, XXXXX X XXXXXXX XXXXX, XXXX
09/15/2023 Affidavit of Death XXXXXX, XXXXXX X
08/28/2003 Deed XXXXXX, XXXXXX X XXXXXX, XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 997 Ilima Way, 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
$35,534
Recent tax assessments
Market value
$2,958,000
Land value
$2,856,000
Building value
$102,000

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 $2,958,000 1.2013 $35,534 +4.35%
2024-2025 $2,900,000 1.1743 $34,055 +2536.91%
2023-2024 $109,409 1.1804 $1,291 +1.13%
2022-2023 $107,264 1.1905 $1,277 +2.00%
2021-2022 $105,162 1.1904 $1,252 +2.18%
2020-2021 $104,085 1.17716 $1,225 +1.09%
2019-2020 $102,045 1.18772 $1,212 +2.91%
2018-2019 $100,045 1.1773 $1,178 +1.78%
2017-2018 $98,085 1.1798 $1,157 +2.66%
2016-2017 $96,162 1.1722 $1,127 +0.95%
Permits

Permit information for 997 Ilima Way, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
04/11/2024

*Most recent permit on record for this property.

Neighborhood

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
View daily traffic map

Access the detailed traffic volume map for 997 Ilima Way, Palo Alto, CA 94306 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)
Barron Park Elementary School 7 Public K-5 211 0.30
Juana Briones Elementary School 8 Public K-5 258 0.39
Bowman School NR Private K-8 268 0.65
Bear Hollow School NR Private K-12 0 0.73
Keys Family Day School NR Private 5-8 138 0.76
Cornerstone Chinese Immersion School NR Private K-1 0 0.83
Lucille M. Nixon Elementary School 7 Public K-5 358 1.07
El Carmelo Elementary School 6 Public K-5 317 1.27
Santa Rita Elementary School 8 Public K-6 385 1.30
Escondido Elementary School 8 Public K-5 447 1.36
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Bowman School NR Private K-8 268 0.65
Ellen Fletcher Middle 8 Public 6-8 515 0.70
Bear Hollow School NR Private K-12 0 0.73
Keys Family Day School NR Private 5-8 138 0.76
Ardis G. Egan Junior High School 8 Public 7-8 497 1.35
Jane Lathrop Stanford Middle School 8 Public 6-8 996 1.38
Living Wisdom School Of Palo Alto NR Private K-12 89 1.40
School For Independent Learners NR Private 8-12 18 1.43
Bullis Charter School 8 Charter K-8 1,058 1.48
Greendell School NR Public K-12 34 1.83
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Henry M. Gunn High School 9 Public 9-12 1,787 0.51
Bear Hollow School NR Private K-12 0 0.73
Living Wisdom School Of Palo Alto NR Private K-12 89 1.40
School For Independent Learners NR Private 8-12 18 1.43
Pinewood School Upper Campus NR Private K-12 612 1.45
Achieve, Inc. School NR Private K-12 63 1.69
Greendell School NR Public K-12 34 1.83
Los Altos High School 8 Public 9-12 2,141 2.20
Palo Alto Adult Education NR Public 0 2.24

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

Neighbors for 997 Ilima Way, Palo Alto, CA

4195 Willmar Dr, Palo Alto 4111 Donald Dr, Palo Alto 920 Paradise Way, Palo Alto 1020 Paradise Way, Palo Alto 4138 Willmar Dr, Palo Alto 654 Arastradero Rd, Palo Alto 4134 Donald Dr, Palo Alto 676 Arastradero Rd, Palo Alto 4168 Donald Dr, Palo Alto 634 Arastradero Rd, Palo Alto 4176 Donald Dr, Palo Alto 4160 Donald Dr, Palo Alto 4155 Willmar Dr, Palo Alto 1040 McGregor Way, Palo Alto 4151 Donald Dr, Palo Alto 651 Maybell Ave, Palo Alto 685 Driscoll CT, Palo Alto 1055 McGregor Way, Palo Alto 4109 Donald Dr, Palo Alto 4152 Donald Dr, Palo Alto

Nearby ZIP codes for 997 Ilima Way, Palo Alto, CA

94022, Santa Clara County, CA 94024, Santa Clara County, CA 94041, Santa Clara County, CA 94043, Santa Clara County, CA 94301, Santa Clara County, CA 94303, Santa Clara County, CA 94305, Santa Clara County, CA 95002, Santa Clara County, CA 95014, Santa Clara County, CA

Frequently asked questions

What is the year built for 997 Ilima Way, Palo Alto, CA 94306?

The development at 997 Ilima Way, Palo Alto, CA 94306 was built in 1960.

When was 997 Ilima Way, Palo Alto, CA 94306 last sold and what was the sale price?

997 Ilima Way, Palo Alto, CA 94306 was last sold on 05/14/2026 for $3,420,000.

What is the assessed value of 997 Ilima Way, Palo Alto, CA 94306?

997 Ilima Way, Palo Alto, CA 94306 is currently assessed at $2,958,000.

What are the property taxes for 997 Ilima Way, Palo Alto, CA 94306?

The property taxes for 997 Ilima Way, Palo Alto, CA 94306 total $35,534.

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