Seller's Agent in 2020
Hugh Cornish
Coldwell Banker Realty
(650) 566-5353
1 in this area
110 Total Sales
638 Middlefield Rd Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $3,240,000 - $3,872,000
4
Beds
3.5
Baths
1,925
Sq Ft
$208/mo
HOA Fee
Highlights
- Fireplace in Primary Bedroom
- Contemporary Architecture
- Balcony
- Addison Elementary School Rated A+
- Wood Flooring
- Open to Family Room
About This Home
As of September 2020Steps away from vibrant Downtown Palo Alto, this chic contemporary 4-bedroom, 3.5 bath home awaits you. The main level features an open floor plan with a living room, dining nook, and a kitchen/family room which opens to an outdoor entertaining area and private rear yard. The upper level is dedicated to personal accommodations with a spacious master suite, three additional bedrooms, and two full hall baths. Boasting 1,925 square feet, the property was built new in 2016. Finished with eco-friendly amenities and energy-efficient appliances, the property provides a modern retreat with secure gated access, just moments from the shops and restaurants of University Avenue. Excellent Palo Alto Schools. Home has 2 dedicated garage spaces. www.638Middlefield.com
Last Agent to Sell the Property
Coldwell Banker Realty License #00912143 Listed on: 04/11/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $32,166
Year Built
- 2015
Lot Details
- Sprinklers on Timer
- Grass Covered Lot
- Back Yard Fenced
HOA Fees
- $208 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 1,925 Sq Ft Home
- 2-Story Property
- Skylights
- Double Pane Windows
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Open to Family Room
- ENERGY STAR Qualified Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Stone Countertops In Bathroom
Utilities
- Forced Air Zoned Heating and Cooling System
- Tankless Water Heater
Additional Features
- Solar owned by seller
- Balcony
Community Details
Overview
- Association fees include common area electricity, common area gas, insurance - common area, landscaping / gardening, reserves
- 638 Middlefield Association
Amenities
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2021
Current Estimated Value
Purchase Details
Listed on
Apr 11, 2019
Closed on
Sep 2, 2020
Sold by
Burns Kevin R and Burns Kathryn B
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,349,500
Sold Price
$2,506,000
Premium/Discount to List
-$843,500
-25.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,799,000
Outstanding Balance
$1,599,425
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,888,417
Purchase Details
Listed on
Sep 29, 2016
Closed on
Sep 26, 2016
Sold by
Smith Stephen H and Smith Debra L
Bought by
Burns Kevin R and Burns Kathryn B
Seller's Agent
Derk T. Brill
Compass
Buyer's Agent
Nancy Goldcamp
Coldwell Banker Realty
List Price
$3,250,000
Sold Price
$3,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | None Available | |
| -- | $2,506,000 | Lawyers Title | |
| Burns Kevin R | $3,250,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $1,799,000 | |
| Previous Owner | Burns Kevin R | $2,275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2020 09/08/20 | Sold | $2,506,000 | -5.3% | $1,302 / Sq Ft |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | Price Changed | $2,645,000 | -21.0% | $1,374 / Sq Ft |
| 04/11/2019 04/11/19 | For Sale | $3,349,500 | +3.1% | $1,740 / Sq Ft |
| 09/29/2016 09/29/16 | Sold | $3,250,000 | 0.0% | $1,702 / Sq Ft |
| 09/29/2016 09/29/16 | Pending | -- | -- | -- |
| 09/29/2016 09/29/16 | For Sale | $3,250,000 | -- | $1,702 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $32,166 | $2,712,573 | $2,164,864 | $547,709 |
| 2024 | $32,166 | $2,659,386 | $2,122,416 | $536,970 |
| 2023 | $31,692 | $2,607,242 | $2,080,800 | $526,442 |
| 2022 | $31,324 | $2,556,120 | $2,040,000 | $516,120 |
| 2021 | $30,706 | $2,506,000 | $2,000,000 | $506,000 |
| 2020 | $41,473 | $3,448,926 | $2,387,718 | $1,061,208 |
| 2019 | $41,017 | $3,381,300 | $2,340,900 | $1,040,400 |
| 2018 | $39,880 | $3,315,000 | $2,295,000 | $1,020,000 |
| 2017 | $0 | $3,250,000 | $2,250,000 | $1,000,000 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Cornish
-
Stephanie Elkins
Seller Co-Listing Agent in 2020
Stephanie Elkins
Coldwell Banker Realty
(650) 324-4456
1 in this area
70 Total Sales
-
Michael Repka
Buyer's Agent in 2020
Michael Repka
Deleon Realty
(650) 488-7325
20 in this area
771 Total Sales
-
Derk T. Brill
Seller's Agent in 2016
Derk T. Brill
Compass
(650) 543-1117
4 in this area
33 Total Sales
-
Nancy Goldcamp
Buyer's Agent in 2016
Nancy Goldcamp
Coldwell Banker Realty
(650) 400-5800
2 in this area
41 Total Sales
Map
Source: MLSListings
MLS Number: ML81789160
APN: 120-04-116
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