Google street view image for 1040 Newell Rd, Palo Alto, CA 94303

Off market

$4,267,105

•

1,801

sq ft

1040 Newell Rd, Palo Alto, CA 94303

About this home

1040 Newell Rd is a 1,801 square foot house on a 7,457 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Palo Alto data, we estimate the home's value is $4,267,105.

Single-familyProperty Type

1952Year Built

7,457 sq ftLot Size

$2,369Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$4,267,105

$27K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.9% higher than the average sale price ($3.99M) of 4 comparable homes.

SOLD SEP 23, 2026
$3,538,000
A
2 beds2 baths1,750 sq ft
1863 Hamilton Ave, Palo Alto, CA 94303
SOLD APR 21, 2026
$4,406,000
B
3 beds2 baths1,772 sq ft
121 Lois Ln, Palo Alto, CA 94303
SOLD JUL 23, 2026
$3,866,000
C
3 beds2 baths1,427 sq ft
158 Walter Hays Dr, Palo Alto, CA 94303
SOLD NOV 14, 2025
$4,155,000
D
2 beds2 baths1,650 sq ft
20 Kent Pl, Palo Alto, CA 94301

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Earn from this home

Sell

$4,042,082

Est. take-home

List your home with Redfin and save $21,336

Rent

$4,746/mo

Redfin rental estimate

List your home for rent

Market trends in 94301, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

107.4%

+2.3% MoM

Median sale price

$4.2M

$232K MoM

Avg. days on market

12d

6 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 7 HRS AGO
$1,499,000
7 beds4 baths2,564 sq ft
1290 Cypress St, East Palo Alto, CA 94303
OPEN SAT, 1PM TO 4PM
$1,285,000
3 beds2 baths1,010 sq ft
2754 Georgetown St, East Palo Alto, CA 94303
NEW 11 HRS AGO
$525,000
2 beds1 bath700 sq ft
1885 E Bayshore Rd #7, East Palo Alto, CA 94303
OPEN FRI, 10AM TO 1PM
$3,698,000
5 beds3 baths2,290 sq ft
716 Gailen Ave, Palo Alto, CA 94303
OPEN SAT, 2PM TO 4PM
$1,250,000
3 beds2 baths1,080 sq ft
963 Beech St, East Palo Alto, CA 94303
$849,000
3 beds2 baths1,028 sq ft
2260 Pulgas Ave, East Palo Alto, CA 94303
OPEN SAT, 1PM TO 4PM
$2,980,000
3 beds2 baths1,736 sq ft
3839 Nathan Way, Palo Alto, CA 94303
$2,698,000
3 beds1 bath1,097 sq ft
4072 Sutherland Dr, Palo Alto, CA 94303
3D WALKTHROUGH
$1,475,000
4 beds3 baths1,720 sq ft
2134 Capitol Ave, East Palo Alto, CA 94303
Wofford Realty Group
See all

Provided by Redfin

Sale history for 1040 Newell Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$48,224 (+4.3%)

$3,864,282 + $149,050

$4,013,332

2024

$46,236 (+6.5%)

$3,788,512 + $146,128

$3,934,640

2023

$43,410 (−3.6%)

$3,714,228 + $143,263

$3,857,491

2022

$45,034 (+1,924.3%)

$3,466,200 + $133,800

$3,600,000

2021

$2,225 (+1.3%)

$3,570,000 + $137,700

$3,707,700

2020

$2,196 (+5.4%)

$45,217 + $61,234

$106,451

2019

$2,084 (−2.1%)

$44,754 + $60,607

$105,361

2018

$2,128 (+1.9%)

$43,877 + $59,419

$103,296

2017

$2,089 (+3.0%)

$42,174 + $57,112

$99,286

2016

$2,028 (+1.3%)

$42,174 + $57,112

$99,286

2015

$2,001 (+7.3%)

$41,348 + $55,993

$97,341

2014

$1,864 (+66.2%)

$39,930 + $54,072

$94,002

2012

$1,122 (+5.8%)

$39,750 + $53,828

$93,578

2011

$1,060 (+0.2%)

$38,971 + $52,773

$91,744

2010

$1,058 (+1.0%)

$38,207 + $51,739

$89,946

2009

$1,047 (+5.2%)

$37,922 + $51,353

$89,275

2008

$996

$37,268 + $50,466

$87,734

Tax history for 1040 Newell Rd

Year

Property tax

Land + Additions

Assessment*

2025

$48,224 (+4.3%)

$3,864,282 + $149,050

$4,013,332

2024

$46,236 (+6.5%)

$3,788,512 + $146,128

$3,934,640

2023

$43,410 (−3.6%)

$3,714,228 + $143,263

$3,857,491

2022

$45,034 (+1,924.3%)

$3,466,200 + $133,800

$3,600,000

2021

$2,225 (+1.3%)

$3,570,000 + $137,700

$3,707,700

2020

$2,196 (+5.4%)

$45,217 + $61,234

$106,451

2019

$2,084 (−2.1%)

$44,754 + $60,607

$105,361

2018

$2,128 (+1.9%)

$43,877 + $59,419

$103,296

2017

$2,089 (+3.0%)

$42,174 + $57,112

$99,286

2016

$2,028 (+1.3%)

$42,174 + $57,112

$99,286

2015

$2,001 (+7.3%)

$41,348 + $55,993

$97,341

2014

$1,864 (+66.2%)

$39,930 + $54,072

$94,002

2012

$1,122 (+5.8%)

$39,750 + $53,828

$93,578

2011

$1,060 (+0.2%)

$38,971 + $52,773

$91,744

2010

$1,058 (+1.0%)

$38,207 + $51,739

$89,946

2009

$1,047 (+5.2%)

$37,922 + $51,353

$89,275

2008

$996

$37,268 + $50,466

$87,734

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

R-1

Single Family Residential District

The R-1 single family residential district is intended to create, preserve, and enhance areas suitable for detached dwellings with a strong presence of nature and with open area affording maximum privacy and opportunities for outdoor living and childrens play. Minimum site area requirements are established to create and preserve variety among neighborhoods, to provide adequate open area, and to encourage quality design. Accessory du, junior accessory du and accessory structures or buildings are appropriate. Community uses and facilities, such as churches and schools, should be limited unless no net loss of housing would result.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Mobile home park

Oct 15, 2013 • Active

Roof: like for like re-roof, only one structure per permit (detached single-family and duplex only, non-historic property)

Tear off two layers of wood shake and install new oriented strand board, underlayment, and shingles.

Roofing

Dec 13, 2012 • Active

Project - building

Replace the existing furnace in the same closet location.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: U-Shape
Construction Type: Wood
Building Construction Quality: Average
Roof Framing Type: Wood

Property Information
Living Sq. Ft: 1,801
Ground Floor Sq. Ft: 1,801
Building Sq. Ft: 1,801
# of Stories: 1
Legal Description: TRACT 168 BOOK 5 PAGE 51 BLOCK 139 LOT 14

Parking & Garage Information
Garage/Parking Sq. Ft: 420

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,436
Legal Lot Number: 14
Legal Block Number: 139
Municipality Name: PALO ALTO CITY
Acres: 0.1707
Depth Footage: 143
Front Footage: 52
Zoning Code: R1
County Use Description: RESID SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2026
Tax Area: PALO ALTO CITY

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,801
Stories: 1.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 7,457 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1952
County: Santa Clara County
APN: 00336044
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Jun 16, 2022

Around this home

Schools

Duveneck Elementary School

Public K-5 • Assigned • 0.3mi

9/10

Frank S. Greene Jr. Middle

Public 6-8 • Assigned • 0.7mi

9/10

Palo Alto High School

Public 9-12 • Assigned • 1.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 59-73% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 90° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Palo Alto, CA • 94303

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$4.05M – $4.91M

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Wofford Realty Group

Home values near 1040 Newell Rd

Data from public records.

Address	Redfin Estimate
1087 Newell Road, Palo Alto, CA 3 Beds \| 2 Baths \| 1635 Sq. Ft.	$4,172,924
1045 Newell Road, Palo Alto, CA 3 Beds \| 2 Baths \| 1499 Sq. Ft.	$4,597,513

Address	Redfin Estimate
1050 Newell Road, Palo Alto, CA 3 Beds \| 2 Baths \| 1637 Sq. Ft.	$4,573,499
1059 Newell Road, Palo Alto, CA 3 Beds \| 2 Baths \| 1529 Sq. Ft.	$4,330,792

Address	Redfin Estimate
1017 Newell Road, Palo Alto, CA 3 Beds \| 2 Baths \| - Sq. Ft.	$3,993,433
1003 Newell Road, Palo Alto, CA 4 Beds \| 2 Baths \| 1949 Sq. Ft.	$3,946,904

This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 94301, CA

Sale history for 1040 Newell Rd

Tax history for 1040 Newell Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94303

Home values near 1040 Newell Rd

More real estate resources