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1991 Middlefield Road

1991 Middlefield Road, Palo Alto, CA 94301
Sold May 13, 2016
$2,360,000
$1,770,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2046
1991 Middlefield Road has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1991 Middlefield Road has 1,753 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,190 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,735 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 342 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1991 Middlefield Road sold most recently in May 10, 2016 for a total of $2,360,000. If you work out the math, that's approximately a cost of $1,346.26 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $46,412 in taxes each year. 1991 Middlefield Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,892,817. If we break it down further, the land itself was valued at $2,389,439. Improvements to the property, however, were assessed at a total of $1,503,378. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,735
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,753
  • Gross Building Area: 1,753
  • Building Area: 1,753
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,753
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LELAND MANOR
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WU YINING
  • Current Owner 2: CHEN LU
  • Previous Owner : HAYLER DONALD A
  • Previous Owner 2: HAYLER LAUREL S

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511100

Zoning

  • Zoning: R1

Geography

  • Parcel: 003-59-004
  • Municipality: PALO ALTO
  • Latitude: 37.4393
  • Longitude: -122.138

    Address

  • Full Address: 1991 Middlefield Rd
  • Address - House Number: 1991
  • Address - Street Name: Middlefield
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C016
  • 4-Digit Zip Code: 4018
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,412
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 3,472,704
  • High Value: 4,161,135
  • Low Value: 2,784,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,770,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2016
  • First Open Lien Mortgage Loan Amount: $1,770,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,892,817
  • Assessed Land Value: $2,389,439
  • Assessed Improvements Value: $1,503,378

    Sales

  • Current Sale Contract Date: May 10, 2016
  • Current Sale Recording Date: May 13, 2016
  • Current Sale Transaction ID: 1541978649
  • Current Sale Price: $2,360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23304154

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 13, 2016
  • First Mortgage Loan Amount: $1,770,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1991 Middlefield Road located in?
The 1991 Middlefield Road is a located in the neighborhood of Leland Manor - Embarcadero Oaks - Garland Drive in Leland Manor - Embarcadero Oaks - Garland Drive, Palo Alto.
What is the average sales price for listings in 1991 Middlefield Road?
The average sales price for units in 1991 Middlefield Road is $0 currently.

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