NOT LISTED FOR SALE

1040 Berkeley Ave Menlo Park, CA 94025

Flood Park Neighborhood

Estimated Value: $1,961,000 - $2,415,456

2 Beds
1 Bath
960 Sq Ft
$2,256/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $1,010,000 $1,052 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $13,061/month

12 Days on Market

Highlights

  • High Ceiling
  • Neighborhood Views
  • Patio
  • Laurel Elementary School Rated A
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of August 2014

Charming home nestled on a quiet tree-lined street. Abundance of light! Living rm - wood-burning fireplace & picture windows overlooking spacious backyard. Formal dining rm leads to entertainment size patio. Kit - high ceiling with refinished cabinets. Generous bedrooms & remodeled bath. Spectacular yard will steal your heart! Plenty of room for expansion. Award-winning Menlo Park schools.

Last Agent to Sell the Property

McDonnell/Kirk

Coldwell Banker Realty License #70010033 Listed on: 07/21/2014

Last Buyer's Agent

Priscilla Wang

Compass License #01087702

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Level Lot
  • Front Yard Sprinklers
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof
  • Foam Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Neighborhood Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Thermostat
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 062-053-240

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Sale Price Per Sq Ft: 1052.08
  • Listing Class: Residential
  • Structure Sq Ft: 960
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 1
  • Map Top Coordinate: H
  • Thomas Bros Page: 790
  • Thomas Brothers: H1
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Refrigerator, Oven Range, Hookups - Gas
  • Living Sq Ft: 960
  • Stories: 1
  • Laundry: In Garage, Dryer, Washer, Gas Hookup
  • Flooring: Laminate
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tar and Gravel, Foam
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-053-240
  • List Price per Sq Ft: 1067.71
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6400.00
  • Lot Size Area Min Search: 6400.00
  • Maximum Lot Size: 6400.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulated Water Heater, Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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
Jul 21, 2014
Closed on
Aug 24, 2014
Sold by
Lashlee Melody
Bought by
Chang Po Chun and Chang Ya Lan
Seller's Agent
McDonnell/Kirk
Coldwell Banker Realty
Buyer's Agent
Priscilla Wang
Compass
List Price
$1,025,000
Sold Price
$1,010,000
Premium/Discount to List
-$15,000
-1.46%
Current Estimated Value
$2,165,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,155,364
Avg. Annual Appreciation
6.94%
Original Mortgage
$808,000
Outstanding Balance
$589,549
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,575,815

Purchase Details

Closed on
Nov 22, 2005
Sold by
Straube Gene F and Straube Marie Clough
Bought by
Lashlee Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 25, 1995
Sold by
Straube Gene F and Straube Marie Clough
Bought by
Straube Gene F and Straube Marie Clough
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang Po Chun $1,010,000 Cornerstone Title Company
Lashlee Melody $675,000 Chicago Title Insurance Co
Straube Gene F -- --
Straube Gene F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Po Chun $808,000
Previous Owner Lashlee Melody $135,000
Previous Owner Lashlee Melody $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Off Market $1,010,000 -- --
08/28/2014 08/28/14 Sold $1,010,000 -1.5% $1,052 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $1,025,000 -- $1,068 / 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 $20,984 $1,685,063 $1,084,066 $600,997
2023 $20,984 $1,619,633 $1,041,971 $577,662
2022 $20,000 $1,587,878 $1,021,541 $566,337
2021 $19,504 $1,556,744 $1,001,511 $555,233
2020 $19,370 $1,540,783 $991,242 $549,541
2019 $19,092 $1,510,572 $971,806 $538,766
2018 $18,600 $1,480,954 $952,751 $528,203
2017 $18,292 $1,451,917 $934,070 $517,847
2016 $14,050 $1,090,986 $915,755 $175,231
2015 $13,162 $1,010,000 $902,000 $108,000
2014 $10,227 $752,480 $376,240 $376,240
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    McDonnell/Kirk

    Coldwell Banker Realty

  • P

    Buyer's Agent in 2014

    Priscilla Wang

    Compass

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Map

Source: MLSListings

MLS Number: ML81426127

MLSListings

APN: 062-053-240

California San Mateo County Menlo Park 94025 Flood Park

1040 Berkeley Ave, Menlo Park, CA

Not Listed for Sale

Detached

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