NOT LISTED FOR SALE

2342 Middlefield Rd Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $4,193,000 - $4,616,290

4 Beds
2.5 Baths
2,281 Sq Ft
$1,945/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $3,200,000 $1,403 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $27,573/month

20 Days on Market

Highlights

  • Neighborhood Views
  • Formal Dining Room
  • Walk-In Closet
  • Walter Hays Elementary Rated A+
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of April 2020

This delightful 4 bedroom, 2.5 bath, house will be sure to make you feel right at home. The warm inviting living room has a vaulted open beam ceiling, rustic floor tiles, and a floor to ceiling used brick fireplace. The kitchen does not miss a beat: professional style gas cook top with stainless steel backsplash, side by side refrigerator/freezer, polished stone counter tops, high tile backsplash, a wine cooler and more. The over 7,100 sq.ft. lot greets you with an inviting front yard. The fenced backyard has a large patio reached through multiple french doors from the living room. Espaliered trees, a lush lawn, shrubs and flowers make it a delightful outdoor area.

Last Agent to Sell the Property

Juliana Lee

JLEE Realty License #00851314 Listed on: 01/28/2020

Last Buyer's Agent

Anna Park

Compass License #01473188

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,310

Year Built

  • 1958

Lot Details

  • 7,100 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • On-Street Parking

Home Design

  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,310

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 2281
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Island, Microwave, Oven Range
  • Fireplace: Yes
  • Living Sq Ft: 2281
  • Stories: 2
  • Laundry: Washer / Dryer
  • Additional Rooms: Basement - Finished
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower And Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard
  • Fencing: Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street
  • Carport Min: 2

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7102.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7102.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Mar 7, 2020
Sold by
Wu Hai and Xiong Yumei
Bought by
Woo Woongsik Bill and So Jihyun
Seller's Agent
Juliana Lee
JLEE Realty
Buyer's Agent
Anna Park
Compass
List Price
$3,400,000
Sold Price
$3,200,000
Premium/Discount to List
-$200,000
-5.88%
Current Estimated Value
$4,437,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,073
Avg. Annual Appreciation
6.23%
Original Mortgage
$1,620,000
Outstanding Balance
$1,435,124
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$3,001,949

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 26, 2012
Sold by
Aronson Neal and Wiens Shannon Mcdaniel
Bought by
Wu Hal and Xiong Yumei
Seller's Agent
Steve Niethammer
Zane MacGregor & Company
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,899,900
Sold Price
$1,885,000
Premium/Discount to List
-$14,900
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$1,508,000
Interest Rate
2.31%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2007
Sold by
Condon Dennis
Bought by
Aronson Neal and Wiens Shannon Mcdaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Jackson Jonathan P and Jackson Jennifer T
Bought by
Condon Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,100
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2003
Sold by
Jackson Jonathan P and Jackson Jennifer Thorsen
Bought by
Jackson Jonathan P and Jackson Jennifer T

Purchase Details

Closed on
May 4, 2000
Sold by
Jackson Jonathan P
Bought by
Jackson Jonathan P and Jackson Jennifer Thorsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.53%

Purchase Details

Closed on
May 30, 1995
Sold by
Vinella Stephanie A and Levison James B
Bought by
Jackson Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.5%
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
Woo Woongsik Bill $3,200,000 First American Title Company
Wu Hal $1,884,750 Chicago Title Company
Aronson Neal $1,900,000 Financial Title Company
Condon Dennis -- Financial Title Company
Jackson Jonathan P -- --
Jackson Jonathan P -- --
Jackson Jonathan P -- Chicago Title Co
Jackson Jonathan P $382,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woo Woongsik Bill $500,000
Open Woo Woongsik Bill $1,620,000
Previous Owner Wu Hai $1,445,798
Previous Owner Wu Hal $1,508,000
Previous Owner Aronson Neal $300,000
Previous Owner Aronson Neal $1,100,000
Previous Owner Condon Dennis $1,192,100
Previous Owner Condon Dennis $150,000
Previous Owner Jackson Jonathan P $200,000
Previous Owner Jackson Jonathan P $180,000
Previous Owner Jackson Jonathan P $56,000
Previous Owner Jackson Jonathan P $575,000
Previous Owner Jackson Jonathan P $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $3,200,000 -1.5% $1,403 / Sq Ft
03/30/2020 03/30/20 Price Changed $3,250,000 0.0% $1,425 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $3,250,000 -4.4% $1,425 / Sq Ft
01/28/2020 01/28/20 For Sale $3,400,000 +80.4% $1,491 / Sq Ft
01/03/2013 01/03/13 Sold $1,885,000 -0.8% $826 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $1,899,900 +0.8% $833 / Sq Ft
11/19/2012 11/19/12 Off Market $1,885,000 -- --
10/29/2012 10/29/12 For Sale $1,899,900 0.0% $833 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/18/2012 10/18/12 Price Changed $1,899,900 -4.0% $833 / Sq Ft
09/18/2012 09/18/12 For Sale $1,980,000 -- $868 / 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 $41,310 $3,499,663 $3,335,618 $164,045
2024 $41,310 $3,431,043 $3,270,214 $160,829
2023 $40,704 $3,363,769 $3,206,093 $157,676
2022 $40,237 $3,297,814 $3,143,229 $154,585
2021 $39,445 $3,233,152 $3,081,598 $151,554
2020 $25,941 $2,122,476 $1,910,231 $212,245
2019 $25,572 $2,080,860 $1,872,776 $208,084
2018 $24,870 $2,040,059 $1,836,055 $204,004
2017 $24,433 $2,000,058 $1,800,054 $200,004
2016 $23,791 $1,960,842 $1,764,759 $196,083
2015 $23,558 $1,931,389 $1,738,251 $193,138
2014 $23,071 $1,893,557 $1,704,202 $189,355
Source: Public Records

Agents Affiliated with this Home

  • Juliana Lee

    Seller's Agent in 2020

    Juliana Lee

    JLEE Realty

    (650) 857-1000

    7 in this area

    228 Total Sales

    Juliana Lee
    Section Image
  • Anna Park

    Buyer's Agent in 2020

    Anna Park

    Compass

    (650) 543-1080

    35 Total Sales

    Anna Park
    Section Image

  • S

    Seller's Agent in 2013

    Steve Niethammer

    Zane MacGregor & Company

    Section Image
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Map

Source: MLSListings

MLS Number: ML81780422

MLSListings

APN: 124-05-011

California Santa Clara County Palo Alto 94301 Old Palo Alto

2342 Middlefield Rd, Palo Alto, CA

This home is located at 2342 Middlefield Rd, Palo Alto, CA 94301 since 28 January 2020 and is currently estimated at $4,437,073, approximately $1,945 per square foot. This property was built in 1958. 2342 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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