Single-family residence sells in Palo Alto for $4.5 million
Briefly

A historic house at 1312 Cowper Street in Palo Alto has been sold for $4.5 million, translating to $2,222 per square foot. Built in 1910, this 2,025-square-foot two-story home features a charming fireplace and occupies a large 6,250 square-foot lot. Recent comparable sales in the area show a trend of increasing property values, with nearby homes fetching substantial prices, highlighting an active real estate market. The article emphasizes the demand for spacious and historic homes in Palo Alto, driven by their unique appeal and prime location.
The 2,025-square-foot historic house on Cowper Street in Palo Alto was sold for $4.5 million, showcasing a strong real estate market in the area.
With a lot size of 6,250 square feet, this two-story property stands as part of a trend of escalating home prices in Palo Alto's competitive real estate market.
Nearby sales indicate a robust real estate climate, as homes are selling at high prices per square foot, often exceeding $1,500.
The article illustrates an ongoing demand for homes in Palo Alto, suggesting that buyers are willing to pay premium prices for historic and spacious properties.
Read at www.mercurynews.com
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