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 Neighborhood
4
Beds
3.5
Baths
1,910
Sq Ft
3,485
Sq Ft Lot
Highlights
- Solar Power System
- Gated Community
- Contemporary Architecture
- Addison Elementary School Rated A+
- Skyline View
- Wood Flooring
About This Home
As of September 2020Located in the vibrant Downtown neighborhood of Palo Alto, this is one of 3 newly constructed single family homes highlighting chic contemporary styling, eco-friendly amenities, and private outdoor spaces. The 1,910 sf open floorplan spans 4 bedrooms and 3.5 baths, and features a bright kitchen/family room showcasing quartz counters, stainless appliances, and sleek custom cabinetry. Bi-folding panoramic doors lead to one of two private outdoor patios, perfect for al fresco entertaining, or Zen relaxation. A living room/dining combo and powder room complete the first floor, and 4 bedrooms and 3 baths anchor the second level. Additional amenities include; Energy efficient ductless HVAC On demand hot water 5 Kw Photovoltaic Solar Panels Secure gated access Covered 2-car parking Moments from the vibrant University Avenue District
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,166
Year Built
- Built in 2016
Lot Details
- 3,485 Sq Ft Lot
- Gated Home
- Wood Fence
- Grass Covered Lot
- Zoning described as RM2
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Guest Parking
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
Interior Spaces
- 1,910 Sq Ft Home
- 2-Story Property
- High Ceiling
- Skylights
- 2 Fireplaces
- Clean Air Certified Fireplace
- Double Pane Windows
- Combination Dining and Living Room
- Skyline Views
- Washer and Dryer
Kitchen
- Open to Family Room
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- ENERGY STAR Qualified Appliances
- Stone Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dual Sinks
- Low Flow Toliet
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
- Low Flow Shower
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
- Solar Power System
Utilities
- Zoned Cooling
- Vented Exhaust Fan
- Heat Pump System
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 120-04-109
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common area electricity, common area gas, insurance - common area, landscaping / gardening, reserves
- 636 Middlefield Association
- Built by 636 Middlefield
- The community has rules related to parking rules
- Rental Restrictions
Security
- Gated Community
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,506,000 | Lawyers Title | |
| Grant Deed | $3,250,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,799,000 | New Conventional | |
| Previous Owner | $2,275,000 | Adjustable Rate Mortgage/ARM |
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: ML81626462
APN: 120-04-116
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