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3150 Middlefield Rd

Palo Alto, CA 94306

2 bd 2 ba 998 sqft Built 1963 condos
Most recent sale
$1,020,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Listing removed $1,050,000 MLSListings
Apr 1, 2022 Sold $1,020,000 MLS #ML81885162
Dec 9, 2010 Sold $480,000 Public Record
Oct 31, 2010 Listing removed $498,000 MLSListings
Aug 11, 2010 Price changed $498,000 MLS #81031305
Jun 23, 2010 Listed $525,000 MLS #81031305
Sep 1, 1987 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $527,737 $527,631 $1,055,368 $13,588
2024 $527,737 $527,631 $1,055,368 $13,042
2023 $507,246 $507,144 $1,014,390 $12,847
2022 $289,742 $289,742 $579,484 $7,835
2021 $284,061 $284,061 $568,122 $7,681
2020 $281,149 $281,149 $562,298 $7,537
2019 $275,637 $275,637 $551,274 $7,449
2018 $270,233 $270,233 $540,466 $7,261
2017 $264,935 $264,935 $529,870 $7,133
2016 $259,741 $259,741 $519,482 $6,942
2015 $255,840 $255,840 $511,680 $6,869
2014 $250,829 $250,829 $501,658 $6,654
2013 $249,696 $249,696 $499,392 $6,636
2012 $244,800 $244,800 $489,600 $6,523
2010 $127,142 $59,304 $186,446 $2,145
2009 $127,445 $59,445 $186,890 $2,124
2008 $124,947 $58,280 $183,227 $2,016
2007 $122,498 $57,138 $179,636 $1,977

Property facts

Year built
1963
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
998 sqft
Lot size
ZIP code
94306
City
Palo Alto
Street
Middlefield Rd
Coordinates
37.42943, -122.12367

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,194
Gross rental yield
3.76%
Implied cap rate
2.44%
Trend-extrapolated value

Frequently asked questions

When did 3150 Middlefield Rd last sell?
3150 Middlefield Rd most recently sold on Apr 1, 2022 for $1,020,000.
What is the current tax assessment for 3150 Middlefield Rd?
The most recent total assessment for 3150 Middlefield Rd (year 2025) is $1,055,368 with $13,588 in property tax.
How does 3150 Middlefield Rd's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $1,020,000.
When was 3150 Middlefield Rd built?
3150 Middlefield Rd was built in 1963.
How does 3150 Middlefield Rd compare to others on Middlefield Rd?
We track 8 other properties on Middlefield Rd. Browse the list under "Other properties on Middlefield Rd" to compare beds, baths, and sale history.
What are the property facts for 3150 Middlefield Rd?
3150 Middlefield Rd is a 2 bed, 2 bath, 998 sqft condos.
Is 3150 Middlefield Rd a flip candidate?
No — 3150 Middlefield Rd does not appear in our flips dataset.
Is 3150 Middlefield Rd a tax-appeal candidate?
No — 3150 Middlefield Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+10.7%
Implied 1-yr
+42.8%
2026 Q3
$6.97M
2026 Q4
$7.41M
ZIP 94306 — Median Price History + Forecast

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