NOT LISTED FOR SALE

3465 Middlefield Rd Palo Alto, CA 94306

Palo Verde Neighborhood

Estimated Value: $4,587,000 - $6,140,148

5 Beds
3.5 Baths
3,444 Sq Ft
$1,549/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $3,050,000 $886 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $32,707/month

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Palo Verde Elementary School Rated A+
  • Main Floor Bedroom
  • Den

About This Home

As of December 2013

Short term lease opportunity - gorgeous 5 BR/4BA home in Midtown. Perfect for your client who is looking for temporary accommodations while remodeling or relocating and getting to know the area. Home is currently unfurnished but could also be leased furnished for $10,500/month. Lease term must end by April 30, 2014.

Last Agent to Rent the Property

Bonnye Sirk

Bay Area Property Management License #00476770 Listed on: 10/25/2013

Last Renter's Agent

Jessica Eva

Golden Gate Sotheby's International Realty License #01210450

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,559

Year Built

  • 2003

Lot Details

  • 0.46

Parking

  • Guest Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,444 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Additional Features

  • Level Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,000
  • Property Available on 10/25/13
  • Rent includes gardener
  • 4-Month Min and 6-Month Max Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,559

Year Built

2003

Lot Details

0

Rental Info

  • Available: 10/25/2013
  • Lease Term Maximum: 6
  • Lease Term Minimum: 4
  • Lease Terms: Additional Forms Req'd, Security Deposit Req'd, Short Term Considered, Credit Check Fee Req'd, Initial Deposit Certified Funds, Listing Broker's Lease Form Req'd
  • Lease Information: Additional Forms Req'd, Security Deposit Req'd, Short Term Considered, Credit Check Fee Req'd, Initial Deposit Certified Funds Only, Listing Broker's Lease Form Req'd
  • Maximum Lease Months: 6
  • Minimum Lease Months: 4
  • Rent Closed Price: 8000
  • Rent Includes: Gardener
  • Rent List Price: 9000
  • Security Deposit: 12000

Listing Details

  • Zoning: RES
  • Subclass: House For Rent
  • Restrictions: Pets - Not Allowed
  • Level Street Main: 2 Or More Primary Suites, Bedroom(s)
  • Listing Class: Residential Lease/Rental
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 3444
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Fireplace: Yes, Family Room, Living Room, Wood Burning, Gas Log
  • Dining Room: Breakfast Nook, Dining Area In Living Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In
  • Living Sq Ft: 3444
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: Dryer, Washer, In Laundry Room
  • Flooring: Tile, Laminate, Carpet - Wall To Wall
  • Additional Rooms: Formal Entry, Storage, Den / Study / Office
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower Over Tub - 1, Tub In Primary Bedroom, Tub With Jets, Stall Shower - 2+, Tubs - 2+

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Sprinkler(s) - Front

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air

Condo/Co-op/Association

  • Levels In Unit: 2

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19798.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 19798.00
  • Lot Size Area Min Search: 19798.00
  • Maximum Lot Size: 19798.00

Multi Family

  • Unit Features: Ground Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2014
Sold by
Jhaveri Pratik Bhupendra and Dhar Mitali
Bought by
The Jhaveri & Dhar Family Trust and Mitali Alidhar
Current Estimated Value
$5,336,383

Purchase Details

Listed on
Aug 31, 2013
Closed on
Oct 3, 2013
Sold by
Baker Arline
Bought by
Dhar Mitali and Jhaveri Pratik
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Kathleen Pasin
Christie's International Real Estate Sereno
List Price
$2,995,000
Sold Price
$3,050,000
Premium/Discount to List
$55,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$2,050,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2011
Sold by
Baker George E
Bought by
Baker George E
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
The Jhaveri & Dhar Family Trust -- None Available
Dhar Mitali -- Old Republic Title Company
Baker George E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jhaveri And Dhar Family Trust $1,484,400
Closed Jhaveri Pratik Bhupendra $750,000
Closed Jhaveri Pratik Bhupendra $1,784,700
Closed Dhar Mitali $1,926,500
Closed Dhar Mitali $2,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Rented $8,000 -11.1% --
12/10/2013 12/10/13 Under Contract -- -- --
10/25/2013 10/25/13 For Rent $9,000 0.0% --
10/11/2013 10/11/13 Sold $3,050,000 +1.8% $886 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $2,995,000 -- $870 / 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 $43,559 $3,702,100 $2,083,964 $1,618,136
2024 $43,559 $3,629,510 $2,043,102 $1,586,408
2023 $42,919 $3,558,344 $2,003,042 $1,555,302
2022 $42,426 $3,488,573 $1,963,767 $1,524,806
2021 $41,590 $3,420,170 $1,925,262 $1,494,908
2020 $40,723 $3,385,101 $1,905,521 $1,479,580
2019 $40,275 $3,318,727 $1,868,158 $1,450,569
2018 $39,159 $3,253,655 $1,831,528 $1,422,127
2017 $38,471 $3,189,859 $1,795,616 $1,394,243
2016 $37,465 $3,127,313 $1,760,408 $1,366,905
2015 $37,103 $3,080,339 $1,733,966 $1,346,373
2014 $36,481 $3,020,000 $1,700,000 $1,320,000
Source: Public Records

Agents Affiliated with this Home

  • Bonnye Sirk

    Landlord's Agent in 2013

    Bonnye Sirk

    Bay Area Property Management

    (650) 361-1977

    2 Total Sales

    Bonnye Sirk
    Section Image
  • Tim Foy

    Seller's Agent in 2013

    Tim Foy

    Midtown Realty

    (650) 387-5078

    8 in this area

    94 Total Sales

    Tim Foy
    Section Image
  • Jessica Eva

    Tenant's Agent in 2013

    Jessica Eva

    Golden Gate Sotheby's International Realty

    (650) 598-8164

    59 Total Sales

    Jessica Eva
    Section Image
  • Kathleen Pasin

    Buyer's Agent in 2013

    Kathleen Pasin

    Sereno Group

    (650) 450-1912

    1 in this area

    24 Total Sales

    Kathleen Pasin
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81339126

MLSListings

APN: 127-47-070

California Santa Clara County Palo Alto 94303 Palo Verde

3465 Middlefield Rd, Palo Alto, CA

This home is located at 3465 Middlefield Rd, Palo Alto, CA 94306 since 25 October 2013 and is currently priced at $5,336,383. This property was built in 2003. 3465 Middlefield Rd is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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