$2.7 million for a two-bedroom home

The property located in the 1000 block of Fife Avenue in Palo Alto was sold on Dec. 27, 2022 for $2,712,000, or $2,595 per square foot. The house built in 1958 has an interior space of 1,045 square feet. The property features two bedrooms, one bath, a garage, and one parking space. There’s also a pool in the backyard. The unit sits on a 5,000-square-foot lot.

Additional houses have recently been purchased nearby:

• In May 2022, a 508-square-foot home on Boyce Avenue in Palo Alto sold for $5,600,000, a price per square foot of $11,024. The home has 6 bedrooms and 1 bathrooms.
• A 823-square-foot home on the 900 block of Addison Avenue in Palo Alto sold in July 2022 for $2,437,000, a price per square foot of $2,961. The home has 1 bedroom and 1 bathrooms.
• On Guinda Street, Palo Alto, in August 2022, a 3,372-square-foot home was sold for $5,175,000, a price per square foot of $1,535. The home has 3 bedrooms and 3 bathrooms.