NOT LISTED FOR SALE

1016 Cotton St Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $5,091,261 - $5,756,000

4 Beds
3 Baths
2,498 Sq Ft
$2,169/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $4,300,000 $1,721 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $33,083/month

3 Days on Market

Highlights

  • Breakfast Area or Nook
  • Formal Dining Room
  • Forced Air Heating System
  • Oak Knoll Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Tinker Park

About This Home

As of March 2021

Beautiful French Country styled home on one of the most desirable streets in Menlo Park. Currently configured as a 3 bedroom + office, this home has room to grow and sits on a beautiful 11,000 sq ft lot. Excellent Menlo Park schools.

Last Agent to Sell the Property

Kristin Cashin

Compass License #01438764 Listed on: 02/17/2021

Compass

Last Buyer's Agent

Erika Enos

Keller Williams Palo Alto License #00706554

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,033

Year Built

  • 1950

Lot Details

  • 0.25

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,498 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,033

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2498
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2498
  • Stories: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2525
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 12, 2021
Sold by
Mou Jean and Fujimori Mou 2003 Trust
Bought by
Zuberi Bilal M and Rimawi Lama
Seller's Agent
Kristin Cashin
Compass
Buyer's Agent
Erika Enos
Keller Williams Palo Alto
List Price
$4,199,000
Sold Price
$4,300,000
Premium/Discount to List
$101,000
2.41%
Current Estimated Value
$5,417,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,565
Avg. Annual Appreciation
5.09%
Original Mortgage
$3,225,000
Outstanding Balance
$2,881,085
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,536,480

Purchase Details

Closed on
Aug 5, 2008
Sold by
Melnicoff Richard M and Melnicoff Caroline P
Bought by
Fujimori Yoshiaki and Mou Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2000
Sold by
Melnicoff Richard M and Melnicoff Caroline P
Bought by
Melnicoff Richard M and Melnicoff Caroline P

Purchase Details

Closed on
Dec 1, 1999
Sold by
Holland Charles W Tr
Bought by
Melnicoff Richard M and Melnicoff Caroline P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.75%

Purchase Details

Closed on
Aug 11, 1997
Sold by
Holland Charles W
Bought by
Holland Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1997
Sold by
Holland Priscilla B
Bought by
Holland Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1996
Sold by
Holland Priscilla B
Bought by
Holland Charles W

Purchase Details

Closed on
Oct 5, 1995
Sold by
Holland Charles W
Bought by
Holland Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zuberi Bilal M $4,300,000 Lawyers Title Company
Fujimori Yoshiaki $2,395,000 First American Title Co
Melnicoff Richard M -- --
Melnicoff Richard M $1,603,000 North American Title Co
Holland Charles W -- --
Holland Charles W -- North American Title Insuran
Holland Charles W -- North American Title Insuran
Holland Charles W -- North American Title Co
Holland Charles W -- North American Title Co
Holland Charles W -- North American Title Co
Holland Charles W -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuberi Bilal M $3,225,000
Previous Owner Fujimori Yoshiaki $500,000
Previous Owner Melnicoff Richard M $1,200,000
Previous Owner Holland Charles W $429,000
Previous Owner Holland Charles W $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $4,300,000 +2.4% $1,721 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $4,199,000 -- $1,681 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,033 $5,044,097 $3,961,701 $1,082,396
2023 $55,033 $4,473,720 $3,807,864 $665,856
2022 $50,324 $4,386,000 $3,733,200 $652,800
2021 $32,313 $2,730,343 $2,498,359 $231,984
2020 $32,140 $2,702,348 $2,472,742 $229,606
2019 $31,704 $2,649,361 $2,424,257 $225,104
2018 $30,931 $2,597,414 $2,376,723 $220,691
2017 $30,475 $2,546,485 $2,330,121 $216,364
2016 $29,691 $2,496,555 $2,284,433 $212,122
2015 $29,423 $2,459,055 $2,250,119 $208,936
2014 $26,561 $2,200,000 $2,013,000 $187,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristin Cashin

    Compass

    Section Image

  • E

    Buyer's Agent in 2021

    Erika Enos

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81830242

MLSListings

APN: 071-213-170

California San Mateo County Menlo Park 94025 Central Menlo Park

1016 Cotton St, Menlo Park, CA

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