1218 Middlefield Rd Palo Alto, CA 94301
University South NeighborhoodEstimated payment $30,481/month
Highlights
- Cathedral Ceiling
- Wood Flooring
- Open to Family Room
- Walter Hays Elementary Rated A+
- Farmhouse Style Home
- Zoned Heating and Cooling System
About This Home
STYLISH PROFESSORVILLE REBUILD BY RINCONADA PARK, BRILLIANT LAYOUT | INDOOR-OUTDOOR RETREAT Masterfully rebuilt in 2025, this cutting-edge home brings contemporary luxury, refined warmth, and effortless versatility to sought-after Professorville. Grand oaks create a canopy of privacy about the residence, while premium material selections provide optimal waterproofing, sound-reducing, and energy-saving qualities throughout. Showstopping gathering areas topped with cathedral ceilings join the master chefs kitchen at the rear and flow through a retractable glass wall into an enchanting private backyard creating a breezy, serene haven for indoor-outdoor enjoyment. Pairs of bedrooms are thoughtfully installed on the main and upper levels, and the luxurious primary suite enjoys dual walk-in closets and a spa bath. A finished lower level provides laundry and storage. Highlights include wide-plank white oak floors, designer kitchen appliances, Marvin® windows, two tankless water heaters, and marble baths. This coveted location is within a stroll of Rinconada Park, Gamble Garden, and many cultural attractions while moments from downtown, Town & Country Village, and prized schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,762
Year Built
- Built in 2025
Lot Details
- 6,146 Sq Ft Lot
- Level Lot
- Zoning described as R1
Parking
- Off-Street Parking
Home Design
- Farmhouse Style Home
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,764 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Family Room with Fireplace
- Dining Area
- Open to Family Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 120-07-015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $33,762 | $3,786,943 | $2,486,556 | $1,300,387 |
| 2024 | $33,762 | $2,795,310 | $2,437,800 | $357,510 |
| 2023 | $33,762 | $2,913,120 | $2,887,110 | $26,010 |
| 2022 | $34,977 | $2,856,000 | $2,830,500 | $25,500 |
| 2021 | $28,621 | $2,323,828 | $2,298,569 | $25,259 |
| 2020 | $28,031 | $2,300,000 | $2,275,000 | $25,000 |
| 2019 | $3,778 | $238,951 | $37,254 | $201,697 |
| 2018 | $3,611 | $234,267 | $36,524 | $197,743 |
| 2017 | $3,545 | $229,674 | $35,808 | $193,866 |
| 2016 | $3,445 | $225,171 | $35,106 | $190,065 |
| 2015 | $3,404 | $221,790 | $34,579 | $187,211 |
| 2014 | $3,242 | $217,446 | $33,902 | $183,544 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $5,198,000 | +4.4% | $1,881 / Sq Ft | |
| 07/08/2025 07/08/25 | For Sale | $4,980,000 | +106.2% | $1,802 / Sq Ft | |
| 03/20/2023 03/20/23 | Sold | $2,415,000 | -10.4% | $874 / Sq Ft | View Prior Sale |
| 02/18/2023 02/18/23 | Pending | -- | -- | -- | |
| 01/11/2023 01/11/23 | For Sale | $2,695,000 | -- | $975 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,415,000 | Lawyers Title Company | |
| Grant Deed | $2,800,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $2,300,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,924,400 | Construction | |
| Previous Owner | $1,960,000 | New Conventional | |
| Previous Owner | $1,840,000 | Commercial |
Source: MLSListings
MLS Number: ML82009997
APN: 120-07-015
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