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3561 Park Blvd
Score
66
Palo Alto, CA

3561 Park Blvd

3.2M
3 bd • 4 ba • 1,901 sf

This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$3,220,000
+6%vs 94306
Price/Sq.Ft
$1,694
+1%vs 94306
Above Fair Value
23.8% above range

Current Price

$3,220,000

Fair Range

$2,500,000 - $2,600,000

$3,220,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$2,550,000
Success Probability:High(65%)

AI Rationale

Reflects market value, adjusted for external risks and potential market shifts. Seller motivation, if high, could enhance success.

Overall Score
66
92
Home Condition
90
Natural Light
45
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Ownership History

Previous ownership changes and transaction details

Jan
2025
$0Cash Purchase
January 31, 2025
From:Jaswinder K Mahal, The Baldev S And Jaswinder K Mahal Trust
To:Jaswinder Mahal
Intrafamily Transfer
Non-Arm's Length Transactions

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$3,220,000
-30%List: $3,220,000+30%
20%
$644,000of $3,220,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$855,810
Closing Costs
+$211,810
Down Payment
$644,000
Buyer Agent Fee
$82,110
Loan Fees
$25,760
Title & Escrow
$19,320
Inspections
$900
Transfer Tax
$35,420
Prepaid Expenses
$48,300

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 11 day average
This is a new listing, while homes in this area typically sell in 11 days
Inventory Health
23
homes for sale
11 homes sold last month, indicating 2.1x more supply than demand
Price Dynamics
105.9%
of asking price
Homes typically sell for 5.9% above asking price

Price Trajectory

$2,275,000
Current median price
+18.0%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 21.8% over the last 3 months
3 Months
-21.8%
6 Months
-29.3%
1 Year
+18.0%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home prices decreasing 31.7% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$2,275,000
3 Months Ago
$2,425,000
6.2%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$3,220,000
Price/sqft
$1,694
Layout
3 bd4 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$4,013,333

19.8%

Your price is 19.8% below average

Median Price

$3,550,000

9.3%

Based on 6 recent sales

Price per Sq.Ft

$1,994

15.1%

Your price is 15.1% below average $/sqft

Comparable Properties

3561 Park Boulevard, Palo Alto, CA 94306
Price: $3,220,000
Sq.Ft: 1,901
Beds/Baths: 3/4
$/Sq.Ft:
$1,6940.0%
Sale Date: 2/5/2025
4173 El Camino Real #44, Palo Alto, CA 94306
Price: $2,280,000
Sq.Ft: 2,010
Beds/Baths: 3/4
$/Sq.Ft:
$1,13433.0%
Sale Date: 1/15/2025
240 WILTON AVE, Palo Alto, CA 94306
Price: $3,550,000
Sq.Ft: 2,055
Beds/Baths: 4/4
$/Sq.Ft:
$1,7272.0%
Sale Date: 1/17/2025
230 Leland Avenue, Palo Alto, CA 94306
Price: $4,930,000
Sq.Ft: 2,041
Beds/Baths: 4/3
$/Sq.Ft:
$2,41542.6%
Sale Date: 3/6/2025
1929 Bryant Street, Palo Alto, CA 94301
Price: $8,000,000
Sq.Ft: 2,200
Beds/Baths: 4/3
$/Sq.Ft:
$3,636114.7%
Sale Date: 1/16/2025
767 Loma Verde Avenue #A, Palo Alto, CA 94303
Price: $2,100,000
Sq.Ft: 1,549
Beds/Baths: 3/3
$/Sq.Ft:
$1,35620.0%
Sale Date: 10/18/2024

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

57/100
Average

Based on data from Palo Alto Police Department

Total Crime Rate
2284.5
per 100,000 residents
Violent Crime Rate
366.0
per 100,000 residents
Property Crime Rate
1905.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
370
Property Crimes
1,993
2023
Violent Crimes
362
2.2%
Property Crimes
1,844
7.5%

Sunlight Analysis

Data provided by Shadowmap

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Tour Checklist

Key items to inspect during your property tour

Inspect the attic for proper ventilation and insulation, paying close attention to any signs of moisture or mold.

Examine the foundation for cracks, settling, or signs of water intrusion, especially around the perimeter and in the basement (if applicable).

Check the electrical panel for proper labeling, adequate amperage, and any signs of corrosion or damage.

Inspect the HVAC system, checking the age of the unit and looking for any signs of wear or damage. Turn on both the heating and cooling to ensure they are functioning properly.

Questions to Ask

Important questions to ask during the tour

What is the age of the roof, and are there any known issues or leaks?

What are the average monthly utility costs for the property (electricity, gas, water)?

Has a professional home inspection been performed recently? If so, can we review the report?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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