Santa Clara County  »  2475 Hanover St

2475 Hanover Street, Palo Alto, CA 94304 Property Information

2475 Hanover Street, Palo Alto, CA 94304 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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2475 Hanover Street, Palo Alto, CA 94304
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Address

Primary address 2475 Hanover Street, Palo Alto
Zip code 94304
County Santa Clara
Neighborhood College Terrace
Parcel ID 142-20-094

Sales & Tax Overview for 2475 Hanover Street, Palo Alto

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Sale date 04/29/2021
Sale price $71,445,000
Arm's length
Property tax $1,081,170

Lot & Building Information for 2475 Hanover Street, Palo Alto

Building sqft 83,980
Building class Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)
Acreage 4.7
Lot sqft 204,820
Year built 2003
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
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Zoning district

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Other Property Data for 2475 Hanover Street, Palo Alto

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About 2475 Hanover Street, Palo Alto

How many sq. ft. does 2475 Hanover Street, Palo Alto, CA 94304 have & what is the price per sq. ft?

This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 2475 Hanover Street, Palo Alto, CA 94304 has a total of 83,980 square feet and a current price per square foot of $850.

What is the year built & the current market value of 2475 Hanover Street, Palo Alto, CA 94304?

2475 Hanover Street, Palo Alto, CA 94304 was built in 2003 and has a current tax assessor's market value of $90,000,000.

Ownership Information

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Past Sales & Property History for 2475 Hanover Street, Palo Alto

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Purchase date Purchase price Buyer name Seller name
04/29/2021 $71,445,000
04/28/2016 $72,500,000
       
       
       
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Title Documents for 2475 Hanover Street, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
05/22/2025 Notice Non Responsibility
08/02/2023 Easement
04/29/2021 Grant Deed
04/29/2021 Agreement
Lease
04/29/2021 Amendment/ Modification
04/29/2021 Termination
07/18/2017 Ucc - Financing Statement - Termination
07/18/2017 Ucc - Financing Statement - Termination
04/11/2017 Ucc - Financing Statement - Continuation
04/28/2016 Amend Financing Statement
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R: Recorded date
D: Document date

Property Taxes for 2475 Hanover Street, Palo Alto

Access detailed property tax data for 2475 Hanover Street, Palo Alto, CA 94304. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $1,081,170
Market value $90,000,000

Assessment History for 2475 Hanover Street, Palo Alto

Here's the assessment & property tax history for 2475 Hanover Street, 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 $90,000,000 1.2013 $1,081,170 -17.37%
2024-2025 $111,427,900 1.1743 $1,308,498 +1.47%
2023-2024 $109,243,040 1.1804 $1,289,505 -5.73%
2022-2023 $114,898,461 1.1905 $1,367,866 +2.01%
2021-2022 $112,645,551 1.1904 $1,340,933 +2.17%

Permits for 2475 Hanover Street, Palo Alto

The complete history of permits filed for 2475 Hanover Street, 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.

Issued Permit Type Status
03/11/2026
02/25/2026
12/12/2025
12/05/2025
11/13/2025
06/26/2025
04/12/2024
12/12/2022
04/25/2019
12/17/2018
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Demographics by Zip Code

Total population 5,000
Median age 38.6
Average household income $254,369
Family households 55.4%
Occupied housing units 2,218
Owner occupied units 23.2%
Average number of people per household 2.15
Median year structure built 1996
Median value for units with a mortgage $2,000,001
Median value for units without a mortgage $1,694,400

Risk

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FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 2475 Hanover Street, Palo Alto

Here are the neighbors for 2475 Hanover Street, Palo Alto.

Address Square feet Purchase date Purchase price
611 Tierra Arboles, Palo Alto 08/23/2023 $20,680,000
857 Waverley St, Palo Alto 04/08/2008
570 Kingsley Ave, Palo Alto
615 Tierra Arboles, Palo Alto 08/23/2023 $20,680,000
618 Tierra Arboles, Palo Alto 08/23/2023 $20,680,000
744 Colorado Ave, Palo Alto 07/10/2012
270 Channing Ave, Palo Alto 12/06/2024
610 Coleridge Ave, Palo Alto 09/20/2001
862 Waverley St, Palo Alto 06/08/2023 $3,900,000
842 Waverley St, Palo Alto 11/08/2021
607 Tierra Arboles, Palo Alto 08/23/2023 $20,680,000
754 San Carlos CT, Palo Alto 12/03/2014
441 Channing Ave, Palo Alto 03/10/2016
872 Waverley St, Palo Alto 03/27/2013
3685 Whitsell Ave, Palo Alto 04/15/2014
247 Alma St, Palo Alto 10,422
425 Channing Ave, Palo Alto 07/01/2025
614 Tierra Arboles, Palo Alto 08/23/2023 $20,680,000
852 Waverley St, Palo Alto 02/20/2020 $3,925,000
264 Channing Ave, Palo Alto 08/17/2016

Nearby ZIP Codes for 2475 Hanover Street, Palo Alto

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