Santa Clara County  »  2850 Middlefield Rd

Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 Property Information

Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Southwood - 2850 Middlefield Road, Palo Alto, CA 94306
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Address

Primary address 2850 Middlefield Road, Palo Alto
Zip code 94306
County Santa Clara
Tract 7730
Neighborhood Midtown Palo Alto
Parcel ID 132-03-195

Sales & Tax Overview for 2850 Middlefield Road, Palo Alto

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Sale date 02/13/2024
Sale price $59,500,000
Arm's length
Property tax $728,894

Lot & Building Information for 2850 Middlefield Road, Palo Alto

Building sqft 84,200
Building class Five or More Family (04)
Acreage 3.47
Lot sqft 151,153
Units 100
Year built 1986
Stories 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district

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Other Property Data for 2850 Middlefield Road, Palo Alto

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About 2850 Middlefield Road, Palo Alto

What is the year built & the total sq. ft. for Southwood - 2850 Middlefield Road, Palo Alto, CA 94306?

Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 was built in 1986 and has a total of 84,200 square feet.

What is the assessed value of Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 and the property tax paid?

Assessed at $60,675,417, the tax amount paid for Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 is $728,893.

When was Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 last sold and what was the last sale price?

Southwood - 2850 Middlefield Road, Palo Alto, CA 94306 was last sold in 02/13/2024 for $59,500,000.

How many residential units does this building have?

This building has 100 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 2850 Middlefield Road, Palo Alto

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Purchase date Purchase price Buyer name Seller name
02/13/2024 $59,500,000

Title Documents for 2850 Middlefield Road, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
06/14/2024 Assignment of Rents and Leases
06/14/2024 Deed of Trust
02/13/2024 Grant Deed
               
               
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R: Recorded date
D: Document date

Property Taxes for 2850 Middlefield Road, Palo Alto

Access detailed property tax data for Southwood - Southwood - 2850 Middlefield Road, Palo Alto, CA 94306. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $728,894
Market value $60,675,417

Assessment History for 2850 Middlefield Road, Palo Alto

Here's the assessment & property tax history for 2850 Middlefield Road, Palo Alto, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $60,675,417 1.2013 $728,894 +133.19%
2024-2025 $26,617,979 1.1743 $312,575 +1.48%
2023-2024 $26,093,738 1.1804 $308,010 +1.14%
2022-2023 $25,580,020 1.1905 $304,530 +2.02%
2021-2022 $25,075,397 1.1904 $298,498 +2.16%

Permits for 2850 Middlefield Road, Palo Alto

The complete history of permits filed for 2850 Middlefield Road, Palo Alto, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
02/28/2018
02/28/2018
02/28/2018
02/28/2018
02/28/2018
02/20/2018
10/24/2017
10/24/2017
10/24/2017
10/24/2017
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Demographics by Zip Code

Total population 27,183
Median age 42.3
Average household income $287,065
Family households 66.6%
Occupied housing units 10,640
Owner occupied units 52.6%
Average number of people per household 2.55
Median year structure built 1963
Median value for units with a mortgage $2,000,001
Median value for units without a mortgage $2,000,001

Risk

Create a free account to unlock extended information for 2850 Middlefield Road, Palo Alto, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 2850 Middlefield Road, Palo Alto to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 2850 Middlefield Road, Palo Alto

Here are the neighbors for Southwood - 2850 Middlefield Road, Palo Alto.

Address Square feet Purchase date Purchase price
531 Colorado Ave, Palo Alto 04/19/2021
3341 Cowper St, Palo Alto 11/22/2022 $3,505,000
3340 St Michael Dr, Palo Alto 04/30/2021
3370 St Michael Dr, Palo Alto 12/03/2010
2510 Webster St, Palo Alto 02/09/2026
2593 Cowper St, Palo Alto 12/10/2024
520 St Claire Dr, Palo Alto 07/03/2014 $2,175,000
3314 St Michael Dr, Palo Alto 10/30/2013
2495 Tasso St, Palo Alto 03/01/2007
3349 Cowper St, Palo Alto 04/18/2016
581 Marion Ave, Palo Alto 05/08/2015
571 Colorado Ave, Palo Alto 09/01/2023
541 Colorado Ave, Palo Alto 10/30/2023
629 Bryson Ave, Palo Alto 10/09/2012
3328 St Michael Dr, Palo Alto 07/07/2016
2890 Middlefield Rd, Palo Alto
2563 Cowper St, Palo Alto 04/30/2008 $1,600,000
2579 Cowper St, Palo Alto 08/02/2019
2685 Cowper St, Palo Alto 11/25/2025 $4,850,000
2504 Webster St, Palo Alto 05/09/2025 $4,150,000

Nearby ZIP Codes for 2850 Middlefield Road, Palo Alto

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