NOT LISTED FOR SALE

Estimated Value: $4,010,000 - $7,420,000

3 Beds
1 Bath
1,050 Sq Ft
$5,915/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $3,150,000 $3,000 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $38,969/month

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Bathtub with Shower
  • Walter Hays Elementary Rated A+
  • 4 Car Detached Garage
  • Bungalow

About This Home

As of October 2018

This home is located at 1828 Middlefield Rd, Palo Alto, CA 94301 since 19 September 2018 and is currently estimated at $6,210,949, approximately $5,915 per square foot. This property was built in 1923. 1828 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.

Last Agent to Sell the Property

Edward Paulin

Compass License #01435455 Listed on: 09/19/2018

Compass

Co-Listed By

Ray Hogue

Compass License #01980343

Last Buyer's Agent

Michael Ye

Happy Real Estate Inc License #01964844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,519

Year Built

  • Built in 1923

Lot Details

  • 10,001 Sq Ft Lot
  • Northwest Facing Home
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 4 Car Detached Garage

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Electric Oven
  • Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 124-03-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,519

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 1050
  • Incorporated: Yes
  • Year Built: 1923
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1050
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V)
  • Flooring: Hardwood, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back, Gate, Wood
  • Property Faces: Northwest
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 6
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 124-03-010
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 17, 2018
Sold by
Mcelhinney William Glenn
Bought by
Liu Xincheng and Li Yi
Seller's Agent
Edward Paulin
Compass
Buyer's Agent
Michael Ye
Happy Real Estate Inc
List Price
$2,800,000
Sold Price
$3,150,000
Premium/Discount to List
$350,000
12.5%
Current Estimated Value
$6,210,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,060,949
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,250,000
Outstanding Balance
$1,088,765
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,122,184

Purchase Details

Closed on
Feb 15, 2008
Sold by
Mcelhinney William Glenn
Bought by
Mcelhinney William Glenn
Source: Public Records

Range of Values:

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Average Value
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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
Liu Xincheng $3,150,000 Chicago Title Co
Mcelhinney William Glenn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xincheng $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $3,150,000 +12.5% $3,000 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $2,800,000 -- $2,667 / 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 $61,519 $5,262,161 $3,458,108 $1,804,053
2024 $61,519 $5,158,982 $3,390,302 $1,768,680
2023 $60,700 $5,057,826 $3,323,826 $1,734,000
2022 $59,288 $4,898,093 $3,258,653 $1,639,440
2021 $50,049 $4,123,858 $3,194,758 $929,100
2020 $38,778 $3,213,000 $3,162,000 $51,000
2019 $38,353 $3,150,000 $3,100,000 $50,000
2018 $1,944 $85,634 $53,780 $31,854
2017 $1,908 $83,956 $52,726 $31,230
2016 $1,852 $82,311 $51,693 $30,618
2015 $1,827 $81,076 $50,917 $30,159
2014 $1,692 $79,489 $49,920 $29,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81724301

MLSListings

APN: 124-03-010