NOT LISTED FOR SALE

3475 Middlefield Rd Palo Alto, CA 94306

Palo Verde Neighborhood

Estimated Value: $5,149,000 - $6,746,000

1 Bed
1 Bath
607 Sq Ft
$10,314/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $1,720,000 $2,834 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $38,397/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Tile Flooring
  • Palo Verde Elementary School Rated A+
  • 1 Car Attached Garage
  • Dining Room

About This Home

As of September 2013

Small cottage on extra large lot in the heart of Palo Alto. Wonderful and rare opportunity to build your dream! Additional opportunities include incorporating this beautiful lot into the adjoining property to create a unique family compound. Neighboring property consists of 19,768 ft.² lot with 3,44 ft.², 10 year new home (see MLS 81332198).

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 08/29/2013

Last Buyer's Agent

Vivi Wan

Coldwell Banker The Professional Group License #01227312

Coldwell Banker The Professional Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,473

Lot Details

  • Level Lot
  • Front Yard Sprinklers
  • Zoning described as R1B8

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 607 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Neighborhood Views

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 127-47-071

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,473

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 2833.61
  • Listing Class: Residential
  • Structure Sq Ft: 607
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: D
  • Thomas Bros Page: 791
  • Thomas Brothers: D7
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 607
  • Stories: 1
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front
  • Exterior: Stone

Garage/Parking

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

Utilities

  • Heating System: No Heating

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-47-071
  • List Price per Sq Ft: 2462.93
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13891.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 13891.00
  • Lot Size Area Min Search: 13891.00
  • Maximum Lot Size: 13891.00
  • Map Book: Thomas Bros

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

Closed on
Dec 8, 2017
Sold by
Nayak Nayak P and Nayak Mala Sanghavi
Bought by
Nayak Nayak P and Nayak Mala Sanghavi
Current Estimated Value
$6,260,454

Purchase Details

Closed on
Jul 8, 2016
Sold by
Wang Weipiao and Tsai Ching Ju
Bought by
Nayak Pandu and Nayak Mala

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 16, 2013
Sold by
Baker Arline
Bought by
Wang Weipiao and Tsai Ching Ju
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Vivi Wan
Coldwell Banker The Professional Group
List Price
$1,495,000
Sold Price
$1,720,000
Premium/Discount to List
$225,000
15.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

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
Nayak Nayak P -- None Available
Nayak Pandu $4,600,000 Chicago Title Company
Wang Weipiao -- Old Republic Title Company
Baker George E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $1,720,000 +15.1% $2,834 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $1,495,000 -- $2,463 / 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 $62,473 $5,338,688 $3,945,989 $1,392,699
2024 $62,473 $5,234,009 $3,868,617 $1,365,392
2023 $61,560 $5,131,382 $3,792,762 $1,338,620
2022 $60,859 $5,030,768 $3,718,395 $1,312,373
2021 $59,662 $4,932,127 $3,645,486 $1,286,641
2020 $58,412 $4,881,556 $3,608,107 $1,273,449
2019 $57,774 $4,785,840 $3,537,360 $1,248,480
2018 $56,165 $4,692,000 $3,468,000 $1,224,000
2017 $55,100 $4,600,000 $3,400,000 $1,200,000
2016 $32,045 $2,658,719 $1,781,119 $877,600
2015 $21,545 $1,754,365 $1,754,365 $0
2014 $21,093 $1,720,000 $1,720,000 $0
Source: Public Records

Agents Affiliated with this Home

  • 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

  • V

    Buyer's Agent in 2013

    Vivi Wan

    Coldwell Banker The Professional Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81332199

MLSListings

APN: 127-47-071

California Santa Clara County Palo Alto 94303 Palo Verde

3475 Middlefield Rd, Palo Alto, CA

This home is located at 3475 Middlefield Rd, Palo Alto, CA 94306 since 29 August 2013 and is currently estimated at $6,260,454, approximately $10,313 per square foot. 3475 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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