NOT LISTED FOR SALE

3077 Middlefield Rd Unit 201 Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $1,483,000 - $1,726,000

3 Beds
2 Baths
1,469 Sq Ft
$588/mo HOA Fee

Last Sold June 15, 2021

Last sale price $1,500,000 $1,021 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,968/month

5 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Skylights
  • El Carmelo Elementary School Rated A+
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of June 2021

Excellent midtown location, and the privacy of a back of the complex unit. Recently remodeled kitchen w granite counter tops and all stainless steel appliances. Features fireplace, vaulted ceilings, in unit laundry, and top ranked Palo Alto Schools(buyer to verify school eligibility). Two levels over the one car garage, with bedrooms on both levels. Besides the garage, unit comes with another exterior parking space and additional storage. 3rd bedroom, is currently set up as a den/office.

Last Agent to Sell the Property

Vince Armando

Armando Investment License #00609541 Listed on: 05/08/2021

Last Buyer's Agent

Ning Hou

KW Advisors License #02058322

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,667

Year Built

  • 1986

Lot Details

  • 2,235

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Room

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include insurance - homeowners, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, water / sewer
  • 3065 77 Middlefield Rd HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,667

Year Built

1986

Lot Details

0

HOA Fees

$588 per month

Parking

1

Listing Details

  • Zoning: RM15
  • Subclass: Condominium
  • Age: 35
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 24
  • Structure Sq Ft: 1469
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1469
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 588
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: 3065-77 Middlefield RD HOA

Association/Amenities

  • Amenities Miscellaneous: Skylight

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 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

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 2, 2021
Sold by
Lu Jianan and Zhang Yani
Bought by
Sun Wenjing and Zhang Hui
Seller's Agent
Vince Armando
Armando Investment
Buyer's Agent
Ning Hou
KW Advisors
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%
Current Estimated Value
$1,640,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,715
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2021
Closed on
May 13, 2021
Sold by
Lu Jianan and Zhang Yani
Bought by
Lu Jianan and Zhang Yani
Seller's Agent
Vince Armando
Armando Investment
Buyer's Agent
Ning Hou
KW Advisors
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2016
Sold by
Zhang Yani and Lu Jianan
Bought by
Lu Jianan and Zhang Yani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2012
Sold by
Lu Jianan and Zhang Yani
Bought by
Zhang Yani and Lu Jianan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Lu Jianan and Lu Yani
Bought by
Lu Jianan and Zhang Yani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,800
Interest Rate
7.06%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Dean Genevieve C
Bought by
Lu Jianan and Lu Yani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.87%
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
Sun Wenjing $1,500,000 Old Republic Title Company
Lu Jianan -- None Available
Lu Jianan -- Chicago Title Company
Zhang Yani -- First American Title Company
Lu Jianan -- Fidelity National Title Co
Lu Jianan $299,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Wenjing $1,195,000
Closed Sun Wenjing $1,200,000
Previous Owner Lu Jianan $625,000
Previous Owner Zhang Yani $250,000
Previous Owner Lu Jianan $210,000
Previous Owner Lu Jianan $215,000
Previous Owner Lu Jianan $231,800
Previous Owner Lu Jianan $239,200
Previous Owner Lu Jianan $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $1,500,000 +0.3% $1,021 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $1,495,000 -- $1,018 / 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 $19,667 $1,623,648 $811,824 $811,824
2024 $19,667 $1,591,812 $795,906 $795,906
2023 $19,377 $1,560,600 $780,300 $780,300
2022 $19,151 $1,530,000 $765,000 $765,000
2021 $6,191 $449,870 $224,935 $224,935
2020 $6,077 $445,258 $222,629 $222,629
2019 $6,004 $436,528 $218,264 $218,264
2018 $5,855 $427,970 $213,985 $213,985
2017 $5,750 $419,580 $209,790 $209,790
2016 $5,593 $411,354 $205,677 $205,677
2015 $5,532 $405,176 $202,588 $202,588
2014 $5,336 $397,240 $198,620 $198,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81842959

MLSListings

APN: 127-65-020