NOT LISTED FOR SALE

1019 Middle Ave Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $3,974,000 - $4,819,122

3 Beds
2 Baths
1,510 Sq Ft
$2,805/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $2,600,000 $1,722 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $25,623/month

47 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Wood Flooring
  • Oak Knoll Elementary School Rated A
  • Atrium Room
  • 2-minute walk to Jack W. Lyle Park

About This Home

As of June 2016

This charming home plus rental cottage sits on an extremely large lot 11,700 SF for downtown Menlo Park/ Allied Arts area. The updated kitchen and recently painted home is ready to move into and make your own. Enclosed 240 SF patio overlooks the pool Roof solar panels reduce the costs of heating, cooling and pool. The pool is a refreshing addition to the large back yard. In addition, is a studio pool side cottage (600sf) with full bath and electric kitchen. An excellent location that is close to all services including downtown Menlo Park, Palo Alto and Stanford Medical Center.

Last Agent to Sell the Property

Lyn Cobb

Coldwell Banker Realty License #01332535 Listed on: 04/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Judy Citron

Compass License #01825569

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,402

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10008

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Atrium Room
  • Wood Flooring
  • Alarm System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch
  • Gazebo
  • Shed
  • Barbecue Area

Additional Features

  • 600 SF Accessory Dwelling Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071-391-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,402

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 600
  • Structure Sq Ft: 1510
  • Incorporated: Yes
  • Year Built: 1964
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1510
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Atrium
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Gazebo, Porch - Enclosed, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Solar and Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-391-080
  • Lot Acres: 0.2690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11700.22
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11700.22

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Oak Knoll Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Rus Horia and Herman Sara
Bought by
Rus Horia Razvan and Herman Sara Cristy
Current Estimated Value
$4,236,031

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 14, 2016
Sold by
Schulte Robert E and Schulte Lillian P
Bought by
Rus Horia and Herman Sara
Seller's Agent
Lyn Cobb
Coldwell Banker Realty
Buyer's Agent
Judy Citron
Compass
List Price
$2,980,000
Sold Price
$2,600,000
Premium/Discount to List
-$380,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$2,200,000
Outstanding Balance
$1,753,235
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,482,796

Purchase Details

Closed on
Apr 8, 2003
Sold by
Schulte Lillian P
Bought by
Schulte Robert E and Schulte Lillian P

Purchase Details

Closed on
Mar 13, 2002
Sold by
Schulte Robert Eugene
Bought by
Schutle Lillian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1996
Sold by
Patricia Ackerman Lillian and Patricia Lillian
Bought by
Scully Lillian P

Purchase Details

Closed on
Mar 5, 1996
Sold by
Scarcello Lillian Scully
Bought by
Scully Lillian P
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
Rus Horia Razvan -- None Available
Rus Horia $2,600,000 Lawyers Title Company
Schulte Robert E -- --
Schutle Lillian P -- Stewart Title
Schulte Lillian P -- Stewart Title
Scully Lillian P -- --
Scully Lillian P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rus Horia $2,200,000
Previous Owner Schulte Lillian P $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $2,600,000 -1.9% $1,722 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $2,650,000 -5.3% $1,755 / Sq Ft
05/16/2016 05/16/16 Price Changed $2,798,000 -6.1% $1,853 / Sq Ft
04/15/2016 04/15/16 For Sale $2,980,000 -- $1,974 / 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 $41,402 $3,591,322 $2,431,515 $1,159,807
2023 $41,402 $3,451,869 $2,337,098 $1,114,771
2022 $39,547 $3,384,187 $2,291,273 $1,092,914
2021 $38,787 $3,317,832 $2,246,347 $1,071,485
2020 $38,590 $3,283,813 $2,223,314 $1,060,499
2019 $38,076 $3,219,426 $2,179,720 $1,039,706
2018 $34,869 $2,949,643 $2,136,981 $812,662
2017 $31,697 $2,652,000 $2,095,080 $556,920
2016 $3,645 $151,163 $53,615 $97,548
2015 $2,698 $148,893 $52,810 $96,083
2014 $2,594 $145,977 $51,776 $94,201
Source: Public Records

Agents Affiliated with this Home

  • Lyn Cobb

    Seller's Agent in 2016

    Lyn Cobb

    Coldwell Banker Realty

    (650) 464-2622

    1 in this area

    28 Total Sales

    Lyn Cobb
    Section Image

  • J

    Buyer's Agent in 2016

    Judy Citron

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81580541

MLSListings

APN: 071-391-080

California San Mateo County Menlo Park 94025 Downtown Menlo Park

1019 Middle Ave, Menlo Park, CA

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