NOT LISTED FOR SALE

3069 Middlefield Rd Unit 203 Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $1,281,000 - $1,995,000

2 Beds
2 Baths
1,332 Sq Ft
$526/mo HOA Fee

Last Sold April 30, 2019

Last sale price $1,560,000 $1,171 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,535/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Solid Surface Bathroom Countertops
  • El Carmelo Elementary School Rated A+
  • Main Floor Bedroom
  • Attic

About This Home

As of April 2019

Style and Convenience in Midtown Palo Alto. Located steps away from Midtown Shopping Center, Hoover Park, and Winter Lodge, this top-floor 2 bedroom, 2 bath condominium of 1,332 square feet (per county), with a flexible upstairs loft perfect for a home office, features a charming and versatile layout. Natural light fills the sunken living room, which features a private balcony and promotes effortless entertaining. Upstairs, youll find a spacious master suite with well-optimized storage. This peaceful complex also comes with two parking spots, in-unit laundry, and a private storage room. Children can attend world-class public schools, including El Carmelo Elementary (#1 in CA), JLS Middle (#1 in CA), and Palo Alto High (#4 in CA) (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/27/2019

Last Buyer's Agent

Lin Storer

Compass License #00939287

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,009

Year Built

  • Built in 1986

Lot Details

  • 2,235

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Neighborhood Views
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-65-010

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, insurance - common area, maintenance - common area, management fee, reserves, water / sewer
  • Middlefield Road Homeowners Association

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,009

Year Built

Built in 1986

Lot Details

0

HOA Fees

$526 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 33
  • Listing Class: Residential
  • Structure Sq Ft: 1332
  • Year Built: 1986
  • Zoning Description: RM15
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area, Dining Bar, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1332
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Upper Floor, Washer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Attic, Bonus / Hobby Room, Den / Study / Office, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Dual Flush Toilet, Full on Ground Floor, Showers over Tubs - 2+, Solid Surface
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Maintenance - Common Area, Management Fee, Reserves, Water / Sewer
  • H O A Name Text: Middlefield Road Homeowners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-65-010
  • Lot Acres: 0.0513
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2234.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2234.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Yeh Ming Yuan and Chen Weng Ling
Bought by
Yeh Ming Yuan and Chen Weng Ling
Total Days on Market
8
Current Estimated Value
$1,649,232

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 2, 2019
Sold by
Liu Wayne K and Suzuki Miki
Bought by
Yeh Ming Yuan and Chen Weng Ling
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Lin Storer
Compass
List Price
$1,288,000
Sold Price
$1,560,000
Premium/Discount to List
$272,000
21.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$1,248,000
Outstanding Balance
$1,103,985
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$545,247

Purchase Details

Closed on
Aug 21, 1996
Sold by
Nguyen Thanh Phat and Nguyen Karla Martin
Bought by
Liu Wayne K and Suzuki Miki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.23%
Source: Public Records

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Range of Values:

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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
Yeh Ming Yuan -- None Available
Yeh Ming Yuan $1,560,000 Chicago Title Company
Liu Wayne K $270,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeh Ming Yuan $1,248,000
Previous Owner Liu Wayne K $417,000
Previous Owner Liu Wayne K $216,936
Previous Owner Liu Wayne K $370,000
Previous Owner Liu Wayne K $242,000
Previous Owner Lin Wayne K $255,000
Previous Owner Liu Wayne K $46,000
Previous Owner Liu Wayne K $237,750
Previous Owner Liu Wayne K $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $1,560,000 +21.1% $1,171 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $1,288,000 -- $967 / 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
2024 $21,009 $1,706,084 $853,042 $853,042
2023 $20,699 $1,672,632 $836,316 $836,316
2022 $20,459 $1,639,836 $819,918 $819,918
2021 $20,057 $1,607,684 $803,842 $803,842
2020 $19,567 $1,591,200 $795,600 $795,600
2019 $5,583 $394,188 $197,094 $197,094
2018 $5,448 $386,460 $193,230 $193,230
2017 $5,352 $378,884 $189,442 $189,442
2016 $5,207 $371,456 $185,728 $185,728
2015 $5,151 $365,878 $182,939 $182,939
2014 $4,963 $358,712 $179,356 $179,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744283

MLSListings

APN: 127-65-010