741 Middlefield Rd is a 2,110 square foot multi-family home on a 7,500 square foot lot. - it last sold on February 28, 2018 for $2,250,000. Based on Redfin's Palo Alto data, we estimate the home's value is $2,968,570.
Multi-familyProperty Type
1952Year Built
7,500 sq ftLot Size
$1,407Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$2,968,570
$719K since sold in February 2018$13K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 32.7% lower than the average sale price ($4.41M) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RM-20
Low Density Multiple-Family Residence District
The RM-20 low-density multiple-family residence district is intended to create, preserve and enhance areas for a mixture of single-family and multiple-family housing which is compatible with lower density and residential districts nearby, including single-family residence districts. The RM-20 residence district also serves as a transition to moderate density multiple-family districts or districts with nonresidential uses. Permitted densities in the RM-20 residence district range from 8 to 20 du per acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Mobile home park
Property details
Interior
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Rectangular Design
Construction Type: Wood
Building Construction Quality: Average
Roof Framing Type: Wood
Property Information
Subdivision Name: UNIVERSITY PARK SUB
Living Sq. Ft: 2,110
Building Sq. Ft: 2,110
# of Units: 4
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,500
Legal Lot Number: 2
Legal Block Number: 65
Municipality Name: PALO ALTO CITY
Acres: 0.1722
Depth Footage: 150
Front Footage: 50
Zoning Code: RM2T
County Use Description: RESID 3- & 4-FAMILY
Financial
Assessor Information
Assessment Year: 2026
Tax Area: PALO ALTO CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,110
Stories: 2.0
Lot Size: 7,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1952
Year Renovated: 1952
County: Santa Clara County
APN: 00332040
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Addison Elementary School
Public K-5 • Assigned • 0.3mi
9/10
Frank S. Greene Jr. Middle
Public 6-8 • Assigned • 1.3mi
9/10
Palo Alto High School
Public 9-12 • Assigned • 0.9mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 90° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Palo Alto, CA • 94301
Average low and high temperatures (°F)
63
40
65
44
71
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75
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78
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82
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81
57
77
52
65
45
61
43
Jan
Feb
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May
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Sun exposure
In this area, properties receive around 11.1 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.82M – $3.41M
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