NOT LISTED FOR SALE

640 Middlefield Rd Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,503,985 - $3,977,000

3 Beds
3 Baths
1,760 Sq Ft
$2,125/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $3,285,000 $1,866 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $24,894/month

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Quartz Countertops
  • Addison Elementary School Rated A+
  • 3 Fireplaces
  • Den

About This Home

As of April 2018

Listed for comp purposes, sold off market.

Last Agent to Sell the Property

Derk T. Brill

Compass License #01256035 Listed on: 04/07/2018

Compass

Last Buyer's Agent

Desiree Garrido

Compass License #01463916

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,051

Year Built

  • Built in 2016

Lot Details

  • 3,751 Sq Ft Lot
  • Zoning described as RM2

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Den
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System

Community Details

  • Association fees include landscaping / gardening
  • Middlefield Association

Listing and Financial Details

  • Assessor Parcel Number 120-04-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,051

Year Built

Built in 2016

Lot Details

0

HOA Fees

$208 per month

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 2
  • Listing Class: Residential
  • Structure Sq Ft: 1760
  • Incorporated: Yes
  • Year Built: 2016
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Hookups - Ice Maker, Oven - Built-In, Oven - Gas, Oven - Self Cleaning
  • Living Sq Ft: 1760
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Wood
  • Additional Rooms: Office Area
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Granite, Primary - Stall Shower(s), Shower over Tub - 1, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, Parking Restrictions

Utilities

  • Cooling System: Central AC, Whole House / Attic Fan
  • Heating System: Heat Pump
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 2500
  • HOA Fee Frequency: Annually
  • Association Fees Include: Landscaping / Gardening
  • H O A Name Text: middlefield
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-04-115
  • Lot Acres: 0.0861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Mar 20, 2018
Sold by
Hartstein Scott
Bought by
First Mason Ii Ltd
Seller's Agent
Derk T. Brill
Compass
Buyer's Agent
Desiree Garrido
Compass
List Price
$2,995,000
Sold Price
$3,285,000
Premium/Discount to List
$290,000
9.68%
Current Estimated Value
$3,838,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,311
Avg. Annual Appreciation
2.37%

Purchase Details

Listed on
Oct 17, 2016
Closed on
Sep 27, 2016
Sold by
Smith Stephen H and Smith Debra L
Bought by
Hartstein Scott
Seller's Agent
Derk T. Brill
Compass
Buyer's Agent
Matt Skrabo
Keller Williams Palo Alto
List Price
$2,995,000
Sold Price
$2,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,797,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
First Mason Ii Ltd $3,285,000 First American Title Co
Hartstein Scott $2,995,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartstein Scott $1,797,000
Previous Owner Smith Stephen H $350,000
Previous Owner Smith Stephen H $1,434,000
Previous Owner Smith Stephen H $475,000
Previous Owner Smith Stephen H $999,999
Previous Owner Smith Stephen H $250,000
Previous Owner Smith Stephen H $135,000
Previous Owner Smith Stephen H $900,000
Previous Owner Smith Stephen H $900,000
Previous Owner Smith Stephen H $700,000
Previous Owner Smith Stephen H $600,000
Previous Owner Smith Stephen H $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $3,285,000 +9.7% $1,866 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $2,995,000 0.0% $1,702 / Sq Ft
10/17/2016 10/17/16 Sold $2,995,000 0.0% $1,701 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $2,995,000 -- $1,701 / 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
2024 $44,051 $3,664,476 $2,660,511 $1,003,965
2023 $37,650 $3,105,000 $2,254,300 $850,700
2022 $42,908 $3,522,182 $2,557,201 $964,981
2021 $42,064 $3,453,120 $2,507,060 $946,060
2020 $41,188 $3,417,714 $2,481,354 $936,360
2019 $40,737 $3,350,700 $2,432,700 $918,000
2018 $36,900 $3,054,900 $2,101,200 $953,700
2017 $0 $2,995,000 $2,060,000 $935,000
Source: Public Records

Agents Affiliated with this Home

  • Derk T. Brill

    Seller's Agent in 2018

    Derk T. Brill

    Compass

    (650) 543-1117

    4 in this area

    35 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Desiree Garrido

    Compass

    Section Image
  • Matt Skrabo

    Buyer's Agent in 2016

    Matt Skrabo

    Keller Williams Palo Alto

    (650) 804-6673

    18 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81699644

MLSListings

APN: 120-04-115

California Santa Clara County Palo Alto 94301 University South

640 Middlefield Rd, Palo Alto, CA

This home is located at 640 Middlefield Rd, Palo Alto, CA 94301 since 07 April 2018 and is currently estimated at $3,740,746, approximately $2,125 per square foot. This property was built in 2016. 640 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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