NOT LISTED FOR SALE

3152 Middlefield Rd Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $997,000 - $1,330,000

2 Beds
1.5 Baths
998 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,070,000 $1,072 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,553/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Neighborhood Views
  • El Carmelo Elementary School Rated A+
  • Granite Countertops
  • Recreation Facilities

About This Home

As of November 2023

Location! Location! Location! Fall in love with this rare 2bd/1.5ba townhome-style condo in Midtown Palo Alto, offering convenient location and high walkability-- ideal for young professionals and aging parents alike. Near local gems like Mitchell Park Library, Magical Bridge Playground, YMCA, Midtown Shopping Center, plus Bill's Cafe & Philz Coffee (under construction), this lovely home features bamboo wood flooring, dual-pane windows, recessed lighting, and updated kitchen/baths. The living room opens to a sizeable private back deck/fenced yard(feels like a single family home). Upstairs, you have 2 bedrooms (one with a walk-in-closet) and a full bath. Plus, loads of storage with a kitchen pantry, private double-sized storage room and shared HOA storage shed. Low HOA includes water. Exceptional schools in Palo Alto Unified School District: El Carmelo ES, Stanford MS, Gunn HS. Great midtown location and easy commute to Stanford, Palo Alto Medical Foundation, and area big tech firms.

Last Agent to Sell the Property

Helen Zhong

Compass License #02037863 Listed on: 10/04/2023

Compass

Co-Listed By

Vicky Gou

Compass License #02020748

Last Buyer's Agent

William Chen

Faithful License #01863645

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,458

Year Built

  • Built in 1963

Lot Details

  • Grass Covered Lot
  • Back Yard Fenced

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family or Dining Combination
  • Storage Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 1 Carport Space
  • On-Street Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-49-014

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, maintenance - common area, maintenance - exterior, management fee, reserves, roof, sewer, water, water / sewer
  • 15 Units
  • Monterey Townhouse Association
  • Built by Monterey Townhouse

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,458

Year Built

Built in 1963

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Rules
  • Age: 60
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 15
  • Structure Sq Ft: 998
  • Complex Name: Monterey Townhouse
  • Year Built: 1963
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 998
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Community Facility
  • Flooring: Tile, Wood
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor, Shower and Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Fenced, Low Maintenance, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Covered Parking, On Street, Underground Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 460
  • HOA Amenities: Additional Storage, Recreation Room
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Sewer, Water, Water / Sewer
  • H O A Name Text: Monterey Townhouse
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Parcel Number: 132-49-014

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 1, 2023
Sold by
Li Bo and Li Rongrong
Bought by
Hancao Li Living Trust and Li
Seller's Agent
Helen Zhong
Compass
Buyer's Agent
William Chen
Faithful
List Price
$1,048,000
Sold Price
$1,070,000
Premium/Discount to List
$22,000
2.1%
Views
67
Current Estimated Value
$1,120,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,740
Avg. Annual Appreciation
4.62%
Original Mortgage
$727,210
Outstanding Balance
$711,940
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$451,825

Purchase Details

Listed on
Jan 2, 2017
Closed on
Feb 2, 2017
Sold by
Wu Bo and Huang Chunhong
Bought by
Li Bo and Wang Rongrong
Seller's Agent
James S. Shin
Intero Real Estate Services
Buyer's Agent
Heng Quan
BayOne Real Estate Investment Corporation
List Price
$999,999
Sold Price
$1,000,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$800,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2009
Sold by
Simpson Alice R
Bought by
Wu Bo and Huang Chunhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2001
Sold by
Simpson Alice R
Bought by
Simpson Alice R

Purchase Details

Closed on
Sep 8, 1997
Sold by
Simpson John A
Bought by
Simpson Alice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.45%
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
Hancao Li Living Trust $1,070,000 Chicago Title Company
Li Bo $1,000,000 Old Republic Title Company
Wu Bo $496,000 North American Title Company
Simpson Alice R -- --
Simpson Alice R -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancao Li Living Trust $727,210
Closed Hancao Li Living Trust $727,210
Previous Owner Li Bo $799,000
Previous Owner Li Bo $800,000
Previous Owner Wu Bo $672,000
Previous Owner Wu Bo $330,000
Previous Owner Wu Bo $346,500
Previous Owner Wu Bo $370,000
Previous Owner Wu Bo $396,000
Previous Owner Wu Bo $396,800
Previous Owner Simpson Alice R $330,000
Previous Owner Simpson Alice R $56,250
Previous Owner Simpson Alice R $100,000
Previous Owner Simpson Alice R $230,000
Previous Owner Simpson Alice R $40,000
Previous Owner Simpson Alice R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $1,070,000 +2.1% $1,072 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,048,000 +4.8% $1,050 / Sq Ft
02/08/2017 02/08/17 Sold $1,000,000 0.0% $1,002 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $999,999 -- $1,002 / 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 $13,458 $1,091,400 $545,700 $545,700
2024 $13,458 $1,070,000 $535,000 $535,000
2023 $13,458 $1,115,518 $557,759 $557,759
2022 $13,956 $1,093,646 $546,823 $546,823
2021 $13,073 $1,021,000 $510,500 $510,500
2020 $13,410 $1,061,208 $530,604 $530,604
2019 $13,259 $1,040,400 $520,200 $520,200
2018 $12,907 $1,020,000 $510,000 $510,000
2017 $7,308 $551,654 $275,827 $275,827
2016 $7,111 $540,838 $270,419 $270,419
2015 $7,035 $532,716 $266,358 $266,358
2014 $6,816 $522,282 $261,141 $261,141
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Helen Zhong

    Compass

    Section Image
  • Vicky Gou

    Seller Co-Listing Agent in 2023

    Vicky Gou

    Compass

    (650) 288-9650

    1 in this area

    30 Total Sales

    Vicky Gou
    Section Image
  • William Chen

    Buyer's Agent in 2023

    William Chen

    Faithful

    (408) 693-3678

    1 in this area

    52 Total Sales

    William Chen
    Section Image

  • J

    Seller's Agent in 2017

    James S. Shin

    Intero Real Estate Services

    Section Image
  • Heng Quan

    Buyer's Agent in 2017

    Heng Quan

    BayOne Real Estate Investment Corporation

    (408) 421-7993

    2 in this area

    84 Total Sales

    Heng Quan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81942493

MLSListings

APN: 132-49-014

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3152 Middlefield Rd, Palo Alto, CA

This home is located at 3152 Middlefield Rd, Palo Alto, CA 94306 since 04 October 2023 and is currently estimated at $1,120,740, approximately $1,122 per square foot. This property was built in 1963. 3152 Middlefield Rd is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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