NOT LISTED FOR SALE

Estimated Value: $1,314,000 - $1,748,000

2 Beds
1 Bath
800 Sq Ft
$1,831/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $1,311,000 $1,639 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,429/month

101 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Stone Countertops
  • Laurel Elementary School Rated A
  • Garden View
  • Cottage

About This Home

As of February 2023

BEST single family residence buy in ALL of Menlo Park. This property offers a multitude of possibilities and sweat equity potential. Purchase as a single family residence/end-user, increase equity by adding an ADU. It is also suited as an excellent rental portfolio property by adding an ADU, generating high income per month with two dwellings on property. End-user and investors alike, its a fabulous opportunity. Property was remodeled in 2022 (w/permits) utilizing high quality materials. Two ingress/egress access points (on Van Buren) allows a multitude of possibilities. Excellent value buy within a short distance to highly acclaimed MP elementary school. Close-in location to surrounding tech companies, Retail hubs of Menlo Park, Palo Alto & Stanford.

Last Agent to Sell the Property

Nino Gaetano

Compass License #01236316 Listed on: 10/11/2022

Compass

Last Buyer's Agent

Beth Fishback

Coldwell Banker Realty License #01949331

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,562

Year Built

  • Built in 1961

Lot Details

  • 4,713 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Property Views

  • Garden
  • Neighborhood

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Monitored
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Freezer
  • Ice Maker
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 062-064-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,562

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Property Condition: Built / Remodeled Green
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 800
  • Incorporated: Yes
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Stone, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 800
  • Stories: 1
  • Security: Video / Audio System
  • Laundry: In Garage
  • Flooring: Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab
  • Roof: Composition
  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Enclosed, Off-Street Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-064-170
  • Lot Acres: 0.1082
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4715.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4715.00

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Feb 2, 2023
Sold by
Tachles Fb Llc
Bought by
Buttacavoli Brian and Mckenna Mary
Seller's Agent
Nino Gaetano
Compass
Buyer's Agent
Beth Fishback
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,311,000
Premium/Discount to List
-$84,000
-6.02%
Views
96
Current Estimated Value
$1,464,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,530
Avg. Annual Appreciation
4.46%
Original Mortgage
$798,500
Outstanding Balance
$775,816
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$688,714

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 17, 2021
Sold by
Wallace Darren and Estate Of James A Burki
Bought by
Tachles Fb Llc
Seller's Agent
Jeri Richardson-Daines
Sequoia Realty Services
Buyer's Agent
Nino Gaetano
Compass
List Price
$699,000
Sold Price
$1,015,000
Premium/Discount to List
$316,000
45.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Buttacavoli Brian $1,311,000 Old Republic Title
Tachles Fb Llc $1,015,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buttacavoli Brian $798,500
Previous Owner Burki James A $77,475
Closed Buttacavoli Brian $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $1,311,000 -1.1% $1,639 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $1,325,000 -5.0% $1,656 / Sq Ft
10/19/2022 10/19/22 For Sale $1,395,000 0.0% $1,744 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $1,395,000 +37.4% $1,744 / Sq Ft
11/22/2021 11/22/21 Sold $1,015,000 +45.2% $1,301 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $699,000 -- $896 / 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 $17,562 $1,363,964 $1,248,480 $115,484
2023 $17,562 $1,035,300 $1,020,000 $15,300
2022 $13,873 $1,015,000 $1,000,000 $15,000
2021 $2,186 $76,142 $36,258 $39,884
2020 $2,148 $75,363 $35,887 $39,476
2019 $2,086 $73,886 $35,184 $38,702
2018 $2,002 $72,439 $34,495 $37,944
2017 $1,924 $71,019 $33,819 $37,200
2016 $1,853 $69,627 $33,156 $36,471
2015 $1,786 $68,582 $32,658 $35,924
2014 $1,694 $67,240 $32,019 $35,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81910062

MLSListings

APN: 062-064-170