NOT LISTED FOR SALE

Estimated Value: $4,460,000 - $5,264,000

2 Beds
1 Bath
925 Sq Ft
$5,433/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $3,110,000 $3,362 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $31,712/month

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating System
  • El Carmelo Elementary School Rated A+
  • 1 Car Attached Garage
  • Dining Area

About This Home

As of November 2017

6 month lease following a month-to-month lease. Desirable Midtown neighborhood on quiet tree lined street. This Charming 2 bedroom, 1 bathroom home features parquet hardwood flooring with big open floorpan. Newly painted and move-in ready. Ideally located on the west side of Middlefield road, convenient to shopping, restaurants and public transportation. Top Palo Alto School District. All utilities are included.

Last Agent to Rent the Property

Sunny Kim

Compass License #01215151 Listed on: 11/07/2017

Compass

Last Renter's Agent

Sunny Kim

Compass License #01215151 Listed on: 11/07/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,063

Year Built

  • 1950

Lot Details

  • 7,000

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $3,700
  • Property Available on 11/8/17
  • Rent includes electricity, gas, trash removal, water
  • 6-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,063

Year Built

1950

Lot Details

0

Parking

1

Rental Info

  • Available: 11/08/2017
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 6
  • Rent Includes: Electricity, Gas, Trash Removal, Water
  • Security Deposit: 3700

Listing Details

  • Subclass: House For Rent
  • Age: 67
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 925
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 925
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Hu And Zhang Family Trust and Hu Mitch
Bought by
Zhang Wei
Current Estimated Value
$5,025,556

Purchase Details

Closed on
Jan 27, 2021
Sold by
Hu Mitch G and Zhang Wei
Bought by
Hu Mitch and Zhang Wei

Purchase Details

Listed on
Nov 7, 2017
Closed on
Oct 19, 2017
Sold by
Bernstein Candace
Bought by
Hu Mitch G and Zhang Wei
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Sunny Kim
Compass
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jul 3, 2007
Sold by
Meaders Marilynn H
Bought by
Meaders Marilynn H

Purchase Details

Closed on
Feb 18, 2000
Sold by
Meaders Marilynn H and Meaders Homer T
Bought by
Meaders Homer T and Meaders Marilynn H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhang Wei -- None Listed On Document
Hu Mitch -- None Available
Hu Mitch G $3,110,000 Chicago Title Company
Meaders Marilynn H -- None Available
Meaders Homer T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Rented $3,500 0.0% --
11/08/2017 11/08/17 Price Changed $3,500 -5.4% $4 / Sq Ft
11/07/2017 11/07/17 For Rent $3,700 0.0% --
10/27/2017 10/27/17 Sold $3,110,000 +41.7% $3,362 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $2,195,000 -- $2,373 / 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 $62,063 $5,386,467 $3,527,270 $1,859,197
2024 $62,063 $5,280,851 $3,458,108 $1,822,743
2023 $61,158 $5,177,305 $3,390,302 $1,787,003
2022 $60,467 $5,075,790 $3,323,826 $1,751,964
2021 $59,277 $4,976,265 $3,258,653 $1,717,612
2020 $58,032 $4,925,240 $3,225,240 $1,700,000
2019 $40,478 $3,398,000 $3,162,000 $236,000
2018 $36,662 $3,110,000 $3,100,000 $10,000
2017 $963 $70,615 $35,405 $35,210
2016 $926 $69,231 $34,711 $34,520
2015 $917 $68,192 $34,190 $34,002
2014 $905 $66,857 $33,521 $33,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81684150

MLSListings

APN: 132-15-093