NOT LISTED FOR SALE

1500 Middlefield Rd Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,925,000 - $4,571,000

4 Beds
2 Baths
2,522 Sq Ft
$1,674/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $1,725,000 $684 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $24,625/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Marble Flooring
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • Tudor Architecture

About This Home

As of May 2012

Come enjoy this charming 4 BR/2BA 1920's Tudor in highly desirable Professorville. The large light-filled living room with vaulted ceiling is accented with bay window and granite fireplace. Formal dining room with divided light windows is adjacent to spacious kitchen with large island. Upstairs is a private master suite with vaulted ceilings and lovely sitting room. Great location!

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 04/18/2012

Christie's International Real Estate Sereno

Last Buyer's Agent

Kathleen Pasin

Christie's International Real Estate Sereno License #01396779

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,881

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Tudor Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 120-08-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,881

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Age: 92
  • Sale Price Per Sq Ft: 683.98
  • Listing Class: Residential
  • Structure Sq Ft: 2522
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B5
  • Year Built: 1920
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2522
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Marble
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-08-016
  • List Price per Sq Ft: 673.28
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5600.00
  • Lot Size Area Min Search: 5600.00
  • Maximum Lot Size: 5600.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 24, 2012
Sold by
Efting James
Bought by
Sadasivan Bhanu K and Chang Philip
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Kathleen Pasin
Christie's International Real Estate Sereno
List Price
$1,698,000
Sold Price
$1,725,000
Premium/Discount to List
$27,000
1.59%
Current Estimated Value
$4,221,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,496,234
Avg. Annual Appreciation
6.94%
Original Mortgage
$1,207,500
Outstanding Balance
$835,045
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$3,386,189
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sadasivan Bhanu K $1,725,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadasivan Bhanu K $1,207,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2012 05/30/12 Sold $1,725,000 +1.6% $684 / Sq Ft
04/28/2012 04/28/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $1,698,000 -- $673 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $25,881 $2,166,689 $1,953,165 $213,524
2024 $25,881 $2,124,206 $1,914,868 $209,338
2023 $25,499 $2,082,556 $1,877,322 $205,234
2022 $25,201 $2,041,722 $1,840,512 $201,210
2021 $24,703 $2,001,689 $1,804,424 $197,265
2020 $24,195 $1,981,165 $1,785,922 $195,243
2019 $23,926 $1,942,319 $1,750,904 $191,415
2018 $23,271 $1,904,235 $1,716,573 $187,662
2017 $22,862 $1,866,898 $1,682,915 $183,983
2016 $22,261 $1,830,293 $1,649,917 $180,376
2015 $22,042 $1,802,801 $1,625,134 $177,667
2014 $21,580 $1,767,487 $1,593,300 $174,187
Source: Public Records

Agents Affiliated with this Home

  • Brian Chancellor

    Seller's Agent in 2012

    Brian Chancellor

    Sereno Group

    (650) 303-5511

    6 in this area

    90 Total Sales

    Brian Chancellor
    Section Image
  • Kathleen Pasin

    Buyer's Agent in 2012

    Kathleen Pasin

    Sereno Group

    (650) 450-1912

    24 Total Sales

    Kathleen Pasin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81214275

MLSListings

APN: 120-08-016

California Santa Clara County Palo Alto 94301 University South

1500 Middlefield Rd, Palo Alto, CA

This home is located at 1500 Middlefield Rd, Palo Alto, CA 94301 since 18 April 2012 and is currently estimated at $4,221,234, approximately $1,673 per square foot. This property was built in 1920. 1500 Middlefield Rd is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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