SOLD 03/20/2023
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Home sold for $2,415,000 in 69 days
1218 Middlefield Rd Palo Alto, CA, 94301
Off the market 4 beds 4 baths 2,764 sqft
Exceptional opportunity in the coveted Professorville neighborhood of Palo Alto in close proximity to downtown. Seller has approved construction plans with the City of Palo Alto for a new 4 bed, 4 bath residence comprising 2,764 square feet (buyer to verify all approvals with the building department) enabling construction to begin quickly. Plans include incredible outdoor spaces with pool & outdoor kitchen with pizza oven and fireplace. Seller has a bid with a local general contractor and, per the seller, the agreement is transferable to the new buyer (buyer to verify with contractor). Alternatively, a buyer may elect to update/remodel/expand the existing 5 bed, 1.5 bath residence. This property is just blocks to University Ave & downtown. Nestled within the heart of Silicon Valley with access to outstanding Palo Alto schools, tech campuses & Stanford. This offering is for the property with plans - construction not included.
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Property details
2,764 sqft interior area
Property type
Home
Interior area
2,764 sqft
Land area
6,146 sqft (0.14 acres)
Price per sqft
$873/sqft
Address
1218 Middlefield Rd, Palo Alto, CA, 94301
City of California
Palo Alto
County
Santa Clara
Sold price
$2,415,000
Year Built
1922
District
Professorville
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Interior Features
—
Beds
4
Baths
4
Garage & Parking
Off Street
Heathing & Cooling
None, Baseboard
Other rooms
Dining Area
Listed by
Billy Mcnair, Coldwell Banker Realty
Name
Billy Mcnair
License number
01343603
Brokerage company
Coldwell Banker Realty
MLS #
ML81915982
Buyer agent
Name
Sergio Lee
Brokerage company
CURB
Payment calculator
Calculate your monthly payments
Mortgage
$7,415
Taxes
$0
HOA dues
$0
Mortgage
$483,000 / 20%
2.28%
30 years
Your amount
$7,415 / month
Lot details
TMK #12007015
Lot Description
Level
Parcel nr.
12007015
94301 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94301
51%
Families with children
National average: 39%
32%
Non family households
157,619
Population
$245,587
Average Income
Age & gender
Median age 38 years
More info
Commute types
72% commute by car
More info
Education level
36% have professional education
More info
Number of employees
6% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.97m
Neighborhood average
sales price*
sales price*
$2.73m
Neighborhood median
sales price*
sales price*
305
Number
of sales*
of sales*
Housing type
61% are single detacheds
More info
Rooms
33% of the houses have 4 or 5 rooms
More info
Bedrooms
53% have 2 or 3 bedrooms
More info
Owners vs Renters
56% are owners
More info
10.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 20, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 20, 2023 | Sold | $2,415,000 | 873.73 | Public Record |
| Mar 20, 2023 | Price Decrease | $2,415,000 -10.39% | 873.73 | MLS #ML81915982 |
| Mar 2, 2023 | Pending | $2,695,000 | 975.04 | MLS #ML81915982 |
| Feb 22, 2023 | Under contract | $2,695,000 | 975.04 | MLS #ML81915982 |
| Jan 11, 2023 | New Listing | $2,695,000 -14.44% | 975.04 | MLS #ML81915982 |
| Dec 9, 2022 | Unavailable | $3,150,000 | 0 | MLS #ML81911044 |
| Nov 4, 2022 | New Listing | $3,150,000 +12.5% | 1139.65 | MLS #ML81911044 |
| Mar 25, 2021 | Sold | $2,800,000 | 1969.06 | Public Record |
| Mar 25, 2021 | Price Increase | $2,800,000 +27.39% | 1969.06 | MLS #ML81829897 |
| Feb 24, 2021 | Pending | $2,198,000 | 1545.71 | MLS #ML81829897 |
| Feb 15, 2021 | New Listing | $2,198,000 -4.43% | 1545.71 | MLS #ML81829897 |
| Sep 18, 2019 | Unavailable | $2,300,000 | 1703.7 | MLS #ML81762632 |
| Aug 19, 2019 | Sold | $2,300,000 | 1703.7 | Public Record |
| Aug 12, 2019 | Pending | $2,495,000 | 1848.15 | MLS #ML81762632 |
| Jul 31, 2019 | New Listing | $2,495,000 | 1848.15 | MLS #ML81762632 |
Taxes of 1218 Middlefield Rd, Palo Alto, CA, 94301
R1 zoning / MLS #ML81915982
Zoning
R1
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Frequently Asked Questions about 1218 Middlefield Rd
What is 1218 Middlefield Rd?
1218 Middlefield Rd, Palo Alto, CA, 94301 is a single family home located in the city of Palo Alto, California with zipcode 94301. This single family home has 4 bedrooms & 4 bathrooms with an interior area of 2,764 sqft.
Which year was this home built?
This home was build in 1922.
Which year was this property last sold?
This property was sold in 2023.
What is the full address of this Home?
1218 Middlefield Rd, Palo Alto, CA, 94301.
Are grocery stores nearby?
The closest grocery stores are SOS Fine Foods, 0.54 miles away and Whole Foods Market, 0.65 miles away.
What is the neighborhood like?
The 94301 zip area has a population of 157,619, and 51% of the families have children. The median age is 38.89 years and 72% commute by car. The most popular housing type is "single detached" and 56% is owner.
Based on information from the bridgeMLS as of 04-24-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 22, 2023
Verhouse Last checked 1 minute ago
The closest grocery stores are SOS Fine Foods, 0.54 miles away and Whole Foods Market, 0.65 miles away.
The 94301 zip area has a population of 157,619, and 51% of the families have children. The median age is 38.89 years and 72% commute by car. The most popular housing type is "single detached" and 56% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
