Property Overview:
150 Middlefield Rd is a single-family home in Palo Alto, CA, built in 1950. It features 3 bedrooms, 1 bathroom, and 1,638 sq. ft. of living space. The home includes a parking garage, fireplace, cooling system, and double-pane windows. The property last sold for $2,200,000 in 2018 and is currently estimated at $2,527,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%).
- Property crime risk: 10.7% (slightly lower than state average of 10.8%).
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Schools:
Nearby schools include Addison Elementary, Menlo-Atherton High, Packard Children’s Hospital/Stanford, and Cesar Chavez Ravenswood Middle.- Average SAT score: 1221 (higher than state average of 975).
- Award-winning Palo Alto schools.
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Job Market:
- 80.8% white-collar jobs, 19.2% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,402 (17% growth since 2000).
- 50% families with children.
- Largest age group: 45-54 years (15.56%); second largest: 25-34 years (13.36%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.7°F (January), 87.6°F (July).
- Average rainfall: 17.3 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $132,129.
- Average annual spending: $83,423.
Property Features:
- Charming and updated home in Downtown North Palo Alto.
- Contemporary kitchen with stainless steel appliances and marbleized breakfast bar.
- Open-concept layout with casual eat-in nook (can double as office).
- All bedrooms located away from the road with direct outdoor access.
- Two spacious hallway bathrooms with modern showers and deep soaking tub.
- Laundry room with washer & dryer.
- Wide-plank flooring, recessed lighting, and A/C throughout.
- Detached 1-car garage with glass sliding door for flexible use.
- Expansive concrete patio for low-maintenance yard.
- Ample off-street parking.
- High potential for rental income.
- Ready to move in!
Location Benefits:
- Prime location near downtown Palo Alto, University Avenue shopping and dining, and Stanford University.
- Walking distance to park trails along San Francisquito Creek.
- Quick commute to major tech campuses (Apple, Google, Meta).
- Easy access to 101, Caltrain, and Stanford Shopping Center.
- Ideal for urban and pedestrian lifestyle.