NOT LISTED FOR SALE

328 Middlefield Rd Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $3,770,000 - $5,651,000

4 Beds
3 Baths
2,210 Sq Ft
$2,001/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $2,535,000 $1,147 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $26,502/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Hydromassage or Jetted Bathtub
  • Addison Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of February 2014

New Beautifully Constructed Craftsman Style House at Downtown Location; 4 beds & 3 baths; Well-appointed kitchen; Living/Dinning/Family RM with High Ceilings; Many Skylights Throughout The House; Top Rated Palo Alto Schools; 4 Block from Johnson park; Close to Downtown, Stanford Shopping Center and schools

Last Agent to Sell the Property

Jia Xu

BayOne Real Estate Investment Corporation License #01410227 Listed on: 01/28/2014

BayOne Real Estate Investment Corporation

Last Buyer's Agent

Nadr Essabhoy

Compass License #01085354

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,713

Year Built

  • Built in 2013

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Carport Space

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Fire Sprinkler System
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 120-02-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,713

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 1
  • Sale Price Per Sq Ft: 1147.06
  • Listing Class: Residential
  • Structure Sq Ft: 2210
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 3
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J3
  • Year Built: 2013
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In
  • Living Sq Ft: 2210
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Fenced
  • Exterior: Stucco

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-02-072
  • List Price per Sq Ft: 904.07
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5600.00
  • Lot Size Area Min Search: 5600.00
  • Maximum Lot Size: 5600.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2014
Closed on
Feb 21, 2014
Sold by
Xu Jia
Bought by
Davis Martyn Alan and Davis Lidija Verica
Seller's Agent
Jia Xu
BayOne Real Estate Investment Corporation
Buyer's Agent
Nadr Essabhoy
Compass
List Price
$1,998,000
Sold Price
$2,535,000
Premium/Discount to List
$537,000
26.88%
Current Estimated Value
$4,421,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,886,615
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,250,000
Outstanding Balance
$903,775
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,517,840

Purchase Details

Listed on
Jan 28, 2014
Closed on
Feb 10, 2014
Sold by
Davis Martyn Alan and Davis Lidija Verica
Bought by
Bellubbi Kiran and Dsouza Karen
Seller's Agent
Jia Xu
BayOne Real Estate Investment Corporation
Buyer's Agent
Nadr Essabhoy
Compass
List Price
$1,998,000
Sold Price
$2,535,000
Premium/Discount to List
$537,000
26.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$903,775
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,517,840

Purchase Details

Closed on
May 25, 2010
Sold by
Cassidy Catherine G
Bought by
Davis Martyn Alan and Davis Lidija Verica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,169
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2009
Sold by
Cassidy Donald F
Bought by
Cassidy Catherine G

Purchase Details

Closed on
Feb 4, 2009
Sold by
Cassidy Donald F
Bought by
Cassidy Donald F

Purchase Details

Closed on
Nov 3, 1994
Sold by
Cassidy Violet M
Bought by
Cassidy Violet M and The Violet M Cassidy Family 1994 Trust

Purchase Details

Closed on
Apr 1, 1994
Sold by
Cassidy Roderick B and Cassidy Violet M
Bought by
Cassidy Roderick B and Cassidy Violet M
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
Davis Martyn Alan -- First American Title
Bellubbi Kiran $2,535,000 First American Title
Davis Martyn Alan $850,000 First American Title Company
Cassidy Catherine G -- None Available
Cassidy Donald F -- None Available
Cassidy Violet M -- --
Cassidy Roderick B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellubbi Kiran $1,250,000
Previous Owner Davis Martyn Alan $746,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $2,535,000 +26.9% $1,147 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $1,998,000 -- $904 / 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 $36,713 $3,107,555 $2,249,455 $858,100
2024 $36,713 $3,046,624 $2,205,349 $841,275
2023 $36,173 $2,986,887 $2,162,107 $824,780
2022 $35,755 $2,928,321 $2,119,713 $808,608
2021 $35,050 $2,870,903 $2,078,150 $792,753
2020 $34,322 $2,841,467 $2,056,842 $784,625
2019 $33,944 $2,785,753 $2,016,512 $769,241
2018 $33,006 $2,731,131 $1,976,973 $754,158
2017 $32,426 $2,677,580 $1,938,209 $739,371
2016 $31,577 $2,625,079 $1,900,205 $724,874
2015 $31,270 $2,585,649 $1,871,663 $713,986
2014 $18,954 $1,545,571 $842,393 $703,178
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jia Xu

    BayOne Real Estate Investment Corporation

    Section Image
  • Nadr Essabhoy

    Buyer's Agent in 2014

    Nadr Essabhoy

    Compass

    (650) 248-5898

    83 Total Sales

    Nadr Essabhoy
    Section Image
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Map

Source: MLSListings

MLS Number: ML81402621

MLSListings

APN: 120-02-072

California Santa Clara County Palo Alto 94301 Downtown North

328 Middlefield Rd, Palo Alto, CA

This home is located at 328 Middlefield Rd, Palo Alto, CA 94301 since 28 January 2014 and is currently estimated at $4,421,615, approximately $2,000 per square foot. This property was built in 2013. 328 Middlefield Rd is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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