Santa Clara County  »  587 Kelly Way

587 Kelly Way, Palo Alto, CA 94306 - Property report

Also known as: 587 Kelly Way

Property image for 587 Kelly Way, Palo Alto, CA 94306
static Mapbox map

Property type

Single Family (01)

Acreage

0.173

Sale price

$2,000,000

General Information

Address
Primary address
587 Kelly Way
Palo Alto, CA 94306
Zip code
94306
Neighborhood
Palo Alto Orchards
County
Santa Clara
Municipality
Palo Alto
Parcel ID
167-07-061
Tract
722

Owner

Find out who owns 587 Kelly Way, Palo Alto, CA 94306. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/26/2011
Sale price
$2,000,000
Arm's length
Tax
Tax year
2025-2026
Base tax
$30,178
Current property tax
$30,094
Building
Property type
Single Family
Lot
Acreage
0.173
Zoning & use
Zoning
Single Family Residence District (R1)

Area overview

Walk score
60 /100.  Somewhat Walkable
Transit score
45 /100.  Some Transit
Bike score
88 /100.  Very Bikeable

Ownership information for 587 Kelly Way, Palo Alto, CA

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

Sales history for 587 Kelly Way, Palo Alto, CA 94306

Sale date Sale price Buyer name Seller name
08/26/2011 $2,000,000 XXXXX, XX XXXX; XXX, XX XX XXXXX, XXXXXX; XXX, XXXXX X
12/20/2002 $1,160,000 XXXXX, XXXXXX XXXXXXX XXXXXXXX XXXXXXXXX XX
12/20/2002 $374,000 XXXXXXX XXXXXXXX XXXXXXXXX XX XXXX, XXXX 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
10/15/2014 Substitution of Trustee & Reco XXXXXXXXXX XXXXXXX XXXXX, XXX. XXX, XXXXX X
10/13/2011 Substitution of Trustee & Reco XXXXXXXXXX XXXXXXX XXX XXX XXXXX, XXXXXX
08/26/2011 Deed XXX, XXXXX X XXXXX, XX XXXX
02/08/2011 Subordination Agreement (Deed XXXXX, XXXXXX XXXXXXXXX XXXXXXX XXXXX XX
02/08/2011 Deed of Trust/Mortgage/Securit XXX, XXXXX X XXXXXXXX XXXXXXXXXX XXX XXXXX XXX XXX
01/26/2011 Substitution of Trustee & Reco XXXXXXXXXX XXXXXXX XXX XXX XXX, XXXXX X
12/20/2002 Deed XXXXXXX XXXXXXXX XXXXXXXXX XX XXXXX, XXXXXX
12/20/2002 Deed XXXX, XXXX X XXXXXXX XXXXXXXX XXXXXXXXX XX
08/06/1999 Deed XXXX, XXXXXXXX X XXXX, XXXX X
08/06/1999 Deed XXXX X XXXXXX XXXXXX XXXX, XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 587 Kelly 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
Base tax
$30,178
Current property tax
$30,094
Recent tax assessments
Market value
$2,512,102
Land value
$1,256,051
Building value
$1,256,051

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 $2,512,102 1.2013 $30,178 +4.35%
2024-2025 $2,462,846 1.1743 $28,921 +1.47%
2023-2024 $2,414,556 1.1804 $28,501 +1.13%
2022-2023 $2,367,212 1.1905 $28,182 +2.01%
2021-2022 $2,320,798 1.1904 $27,627 +2.17%
2020-2021 $2,297,002 1.17716 $27,039 +1.09%
2019-2020 $2,251,964 1.18772 $26,747 +5.85%
2018-2019 $2,207,808 1.1445 $25,268 -1.05%
2017-2018 $2,164,518 1.1798 $25,538 +2.66%
2016-2017 $2,122,078 1.1722 $24,875 +0.95%

Permit information for 587 Kelly Way, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
05/11/2023
04/17/2023
05/18/2022

*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 587 Kelly 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)
Juana Briones Elementary School 8 Public K-5 258 0.32
Bowman School NR Private K-8 268 0.36
Keys Family Day School NR Private 5-8 138 0.66
Barron Park Elementary School 7 Public K-5 211 0.78
Bear Hollow School NR Private K-12 0 0.82
Cornerstone Chinese Immersion School NR Private K-1 0 0.86
Bullis Charter School 8 Charter K-8 1,058 0.92
Santa Rita Elementary School 8 Public K-6 385 0.95
Herbert Hoover Elementary School 8 Public K-5 386 0.97
Fairmeadow Elementary School 7 Public K-5 403 1.09
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Ellen Fletcher Middle 8 Public 6-8 515 0.29
Bowman School NR Private K-8 268 0.36
Keys Family Day School NR Private 5-8 138 0.66
School For Independent Learners NR Private 8-12 18 0.79
Bear Hollow School NR Private K-12 0 0.82
Ardis G. Egan Junior High School 8 Public 7-8 497 0.83
Bullis Charter School 8 Charter K-8 1,058 0.92
Jane Lathrop Stanford Middle School 8 Public 6-8 996 1.04
Imagination School NR Private K-8 0 1.14
Greendell School NR Public K-12 34 1.20
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Henry M. Gunn High School 9 Public 9-12 1,787 0.64
School For Independent Learners NR Private 8-12 18 0.79
Bear Hollow School NR Private K-12 0 0.82
Living Widsom High School NR Private 9-12 10 1.18
Greendell School NR Public K-12 34 1.20
Achieve, Inc. School NR Private K-12 63 1.23
Creative Learning Center NR Private K-12 46 1.43
Los Altos High School 8 Public 9-12 2,141 1.72

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

Frequently asked questions

When was 587 Kelly Way, Palo Alto, CA 94306 last sold and what was the sale price?

587 Kelly Way, Palo Alto, CA 94306 was last sold on 08/26/2011 for $2,000,000.

What is the assessed value of 587 Kelly Way, Palo Alto, CA 94306?

587 Kelly Way, Palo Alto, CA 94306 is currently assessed at $2,512,102.

What are the property taxes for 587 Kelly Way, Palo Alto, CA 94306?

The property taxes for 587 Kelly Way, Palo Alto, CA 94306 total $30,177.

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