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$3,295,838*
●
House -
Off Market
1218 Middlefield RD
PALO ALTO, CA 94301
4 Beds
4 Baths
2764 Sqft
$2,835,000 - $3,465,000
Reference Base Price*
4.63%
Since Jan 1, 2023
CA-San Francisco
Primary Model
Sold Mar 21, 2023
$2,415,000
Buyer
Seller
$1,924,400
by U.s. Bank National Association
Mortgage Due Apr 01, 2053
Sold Mar 25, 2021
$2,800,000
$1,960,000
by Homestreet Bank
Mortgage Due Apr 01, 2051
About This Property
Exceptional & immediate opportunity for a developer or end user to
build on this lot (with accompanied plans) in the coveted
Professorville neighborhood of Palo Alto in close proximity to
downtown. City of Palo Alto has already approved the construction
plans (buyer to verify with the building department) so that
construction can begin right away. Plans are for a 4 bed, 4 bath
residence comprising 2,764 square feet. Plans include incredible
outdoor spaces with pool & outdoor kitchen with pizza oven and
fireplace. Seller has a fixed bid with a local general contractor
and, per the seller, the agreement is transferable to the new buyer
(buyer to verify with contractor). Seller has placed a deposit on
the window order with Arcadia Custom windows. 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.
The manager has listed the unit size as 2764 square feet.
The manager has listed the unit size as 2764 square feet.
Unit Size
2,764Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,140
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 21, 2023 | Sold to Qiujiang Li, Zhuo Wang | $2,415,000 | |
Sold to Qiujiang Li, Zhuo Wang | |||
Dec 9, 2022 | No longer available | - | |
No longer available | |||
Nov 5, 2022 | Listed | $3,150,000 | |
Listed | |||
Mar 25, 2021 | Sold to Jalena Cypress Bingham | $2,800,000 | |
Sold to Jalena Cypress Bingham | |||
Aug 19, 2019 | Sold to Equity Ventures Llc Cirius | $2,300,000 | |
Sold to Equity Ventures Llc Cirius |