SOLD
Christine Wade Purchases Ruth Porat's Palo Alto Homes For $35.3M
1950 & 1928 Cowper Street
Single Family
13,200 SF
13,200 SF
Sold 63 days ago
Summary
Sale
CALIFORNIA
Single Family
13,200 sqft
The two single-family homes located at 1950 and 1928 Cowper Street in Palo Alto were purchased in a closed transaction. The larger home was acquired for $30.75 million, with the smaller one bought for $4.53 million, resulting in a total sale price of $35,300,000. Spanning over 6,600 square feet, the properties were sold for an average price per square foot of $5,348.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,300,000
- Address: 1950 & 1928 Cowper Street
- Market: Palo Alto
Ruth Porat, an executive at Alphabet, parent company of Google, was the seller of the two Palo Alto homes. The buyer, Christine Wade, acted as a trustee for two trusts in the transaction. The exact details on whether Wade was the ultimate buyer for both properties have not been disclosed.
Details
SOLD
IMAGE: Ruth Porat
DATE: 03/08/2024
ADDRESS: 1950 & 1928 Cowper Street
MARKET: Palo Alto
ASSET TYPE: Single Family
BUYER: Christine Wade
SELLER: Ruth Porat - Alphabet
SALE PRICE: $35,300,000
SF: 6,600 ~ PPSF: $5,348
NOTE: Ruth Porat, an executive at Alphabet, parent company of Google, sold two Palo Alto homes for $35.3 million, barely above what she paid a few years ago, according to the San Jose Mercury News. The buyer, Christine Wade, acting as trustee for two trusts, purchased the properties at 1950 and 1928 Cowper Street, with the larger home bought for $30.75 million and the smaller one for $4.53 million, though it's unclear if Wade was the ultimate buyer for both.View on map
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Address1950 & 1928 Cowper Street
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