NOT LISTED FOR SALE

1040 Colby Ave Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $7,113,000 - $8,382,407

6 Beds
5 Baths
5,000 Sq Ft
$1,579/Sq Ft Est. Value

About This Home

This home is located at 1040 Colby Ave, Menlo Park, CA 94025 and is currently estimated at $7,893,602, approximately $1,578 per square foot. 1040 Colby Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Hillview Middle School, and Menlo-Atherton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Minman William M
Bought by
Azher Atif I and Mirza Farheen
Current Estimated Value
$7,893,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2008
Sold by
Hinman Barbara
Bought by
Hinman William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,480,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2008
Sold by
Kelly Brian J and Kelly Jennifer M
Bought by
Hinman William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,480,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Goodell Katherine L and Goodell Howard C
Bought by
Kelly Brian J and Kelly Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Goodell Nancy K
Bought by
Goodell Nancy K and Goodell Katherine L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Azher Atif I $5,700,000 Lawyers Title Company
Hinman William H -- First American Title Company
Hinman William H $4,350,000 First American Title Company
Kelly Brian J $1,585,000 Old Republic Title Company
Goodell Nancy K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azher Atif I $850,000
Open Azher Atif I $2,000,000
Closed Azher Atif I $900,000
Closed Azher Atif I $1,500,000
Closed Azher Atif I $3,000,000
Previous Owner Hinman William H $2,000,000
Previous Owner Hinman William H $3,480,000
Previous Owner Hinman William H $3,480,000
Previous Owner Kelly Brian J $2,500,000
Previous Owner Kelly Brian J $750,000
Previous Owner Kelly Brian J $750,000
Previous Owner Kelly Brian J $500,000
Previous Owner Kelly Brian J $1,000,001
Previous Owner Kelly Brian J $1,850,000
Previous Owner Kelly Brian J $960,000
Previous Owner Goodell Katherine L $200,000
Source: Public Records

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 $73,077 $6,615,334 $3,597,814 $3,017,520
2023 $73,077 $6,358,454 $3,458,107 $2,900,347
2022 $69,982 $6,233,779 $3,390,301 $2,843,478
2021 $68,771 $6,111,549 $3,323,825 $2,787,724
2020 $68,222 $6,048,884 $3,289,744 $2,759,140
2019 $67,421 $5,930,280 $3,225,240 $2,705,040
2018 $65,782 $5,814,000 $3,162,000 $2,652,000
2017 $56,297 $4,923,212 $2,461,606 $2,461,606
2016 $54,949 $4,826,680 $2,413,340 $2,413,340
2015 $49,878 $4,340,000 $2,170,000 $2,170,000
2014 $43,883 $3,800,000 $1,900,000 $1,900,000
Source: Public Records

Map

California San Mateo County Menlo Park 94025 Menlo Oaks

1040 Colby Ave, Menlo Park, CA

This home is located at 1040 Colby Ave, Menlo Park, CA 94025 and is currently estimated at $7,893,602, approximately $1,578 per square foot. 1040 Colby Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Hillview Middle School, and Menlo-Atherton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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