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727-729 Middlefield Rd

Palo Alto, CA 94301

4 bd 2 ba 2,405 sqft Built 1918 Lot 7,499 sqft multi_family
Most recent sale
$2,948,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2023 Listing removed MLSListings
Nov 30, 2023 Sold $2,948,000 MLSListings
Jul 26, 2023 Listed $3,100,000 MLSListings
Jul 13, 2023 Listed $3,100,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $252,960 $2,754,000 $3,006,960 $37,166
2024 $252,960 $2,754,000 $3,006,960 $35,640
2023 $123,938 $70,581 $194,519 $3,298
2022 $121,508 $69,198 $190,706 $3,252
2021 $119,126 $67,842 $186,968 $3,186
2020 $117,905 $67,147 $185,052 $3,138
2019 $115,594 $65,831 $181,425 $3,098
2018 $113,328 $64,541 $177,869 $3,033
2017 $111,106 $63,276 $174,382 $2,978
2016 $108,928 $62,036 $170,964 $2,895
2015 $107,292 $61,105 $168,397 $2,860
2014 $105,191 $59,909 $165,100 $2,709
2013 $104,716 $59,639 $164,355 $2,693
2012 $102,663 $58,470 $161,133 $2,657
2010 $100,650 $57,324 $157,974 $2,507
2009 $100,136 $57,032 $157,168 $2,391
2008 $98,173 $55,914 $154,087 $2,297
2007 $96,249 $54,818 $151,067 $2,263

Property facts

Year built
1918
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
2,405 sqft
Lot size
7,499 sqft
ZIP code
94301
City
Palo Alto
Street
Middlefield Rd
Coordinates
37.44904, -122.15354

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,688
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 727-729 Middlefield Rd last sell?
727-729 Middlefield Rd most recently sold on Nov 30, 2023 for $2,948,000.
What is the current tax assessment for 727-729 Middlefield Rd?
The most recent total assessment for 727-729 Middlefield Rd (year 2025) is $3,006,960 with $37,166 in property tax.
How does 727-729 Middlefield Rd's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $2,948,000.
When was 727-729 Middlefield Rd built?
727-729 Middlefield Rd was built in 1918.
How does 727-729 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 727-729 Middlefield Rd?
727-729 Middlefield Rd is a 4 bed, 2 bath, 2,405 sqft, 7,499 sqft lot multi_family.
Is 727-729 Middlefield Rd a flip candidate?
No — 727-729 Middlefield Rd does not appear in our flips dataset.
Is 727-729 Middlefield Rd a tax-appeal candidate?
No — 727-729 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
+8.4%
Implied 1-yr
+33.5%
2026 Q3
$10.53M
2026 Q4
$11.1M
ZIP 94301 — Median Price History + Forecast

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