NOT LISTED FOR SALE

425 Middlefield Rd Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $4,097,000 - $6,372,615

3 Beds
2 Baths
1,769 Sq Ft
$2,993/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $3,600,000 $2,035 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $32,482/month

38 Days on Market

Highlights

  • Breakfast Area or Nook
  • Formal Dining Room
  • Secured Garage or Parking
  • Addison Elementary School Rated A+
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

This Spanish style house is in move condition. The living area has 3 bedrooms and 2 full bathrooms, partially painted recently, the 9,375 sqft yard allows for expansion or build a brand new home up to approximately 3,700, The building permits should be available in next 1-2 months. Great location, walking distance to downtown Palo Alto, shops, restaurants and banks. Excellent Palo Alto Unified School District!

Last Agent to Sell the Property

Lina Zhou

Coldwell Banker Realty License #01771555 Listed on: 04/11/2019

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,903

Year Built

  • Built in 1925

Lot Details

  • 9,365 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • 3 Carport Spaces
  • Secured Garage or Parking

Home Design

  • Tile Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,769 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Breakfast Area or Nook
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003-02-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,903

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 1769
  • Year Built: 1925
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Living Sq Ft: 1769
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Rolled Composition, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage
  • Carport Min: 3

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-02-024
  • Lot Acres: 0.2150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9365.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9365.40

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 23, 2019
Sold by
Ou Wang Zhiyuan and Ou Sun
Bought by
Moomoo Inc
Seller's Agent
Lina Zhou
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,800,000
Sold Price
$3,600,000
Premium/Discount to List
-$200,000
-5.26%
Current Estimated Value
$5,295,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,695,154
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Wang Zhi Yuan and Sun Ou
Bought by
Wang Zhiuyan and Sun Ou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 30, 2015
Closed on
Nov 10, 2015
Sold by
Hatami Fardi Mohammed Rassul
Bought by
Wang Zhi Yuan and Sun Ou
Seller's Agent
Christopher Taylor
Midtown Realty
Buyer's Agent
Lina Zhou
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Hatami Fardi Mohammad R
Bought by
The Rassul Hatami Trust

Purchase Details

Closed on
Oct 25, 1999
Sold by
Asli Sakineh Ahrabi
Bought by
Hatami Fardi Mohammed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1999
Sold by
Gray Arthur S 3
Bought by
Hatami Fardi Mohammed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Moomoo Inc $3,600,000 Cornerstone Title Company
Wang Zhiuyan -- None Available
Wang Zhi Yuan $2,500,000 Old Republic Title Company
The Rassul Hatami Trust -- --
Hatami Fardi Mohammed R -- Chicago Title Co
Hatami Fardi Mohammed R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Zhiuyan $1,500,000
Previous Owner Hatami Fardi Mohammed R $568,000
Previous Owner Hatami Fardi Mohammed R $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2019 05/30/19 Sold $3,600,000 -5.3% $2,035 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $3,800,000 +52.0% $2,148 / Sq Ft
11/16/2015 11/16/15 Sold $2,500,000 0.0% $1,413 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
11/03/2015 11/03/15 Price Changed $2,500,000 -7.2% $1,413 / Sq Ft
09/30/2015 09/30/15 For Sale $2,695,000 -- $1,523 / 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 $52,903 $5,494,401 $3,982,401 $1,512,000
2024 $52,903 $4,418,315 $3,904,315 $514,000
2023 $46,123 $3,827,760 $3,827,760 $0
2022 $46,028 $3,784,241 $3,752,706 $31,535
2021 $45,122 $3,710,041 $3,679,124 $30,917
2020 $44,181 $3,672,000 $3,641,400 $30,600
2019 $32,450 $2,653,018 $2,645,591 $7,427
2018 $31,556 $2,600,999 $2,593,717 $7,282
2017 $31,003 $2,550,000 $2,542,860 $7,140
2016 $30,111 $2,500,000 $2,493,000 $7,000
2015 $11,729 $928,033 $767,305 $160,728
2014 $11,434 $909,855 $752,275 $157,580
Source: Public Records

Agents Affiliated with this Home

  • Lina Zhou

    Seller's Agent in 2019

    Lina Zhou

    Coldwell Banker Realty

    (408) 817-0488

    2 in this area

    49 Total Sales

    Lina Zhou
    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

  • C

    Seller's Agent in 2015

    Christopher Taylor

    Midtown Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81746689

MLSListings

APN: 003-02-024

California Santa Clara County Palo Alto 94301 Crescent Park

425 Middlefield Rd, Palo Alto, CA

This home is located at 425 Middlefield Rd, Palo Alto, CA 94301 since 11 April 2019 and is currently estimated at $5,295,154, approximately $2,993 per square foot. This property was built in 1925. 425 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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