1060 Colby Ave Menlo Park, CA 94025
Menlo Oaks Neighborhood
4
Beds
2.5
Baths
2,010
Sq Ft
0.52
Acres
Highlights
- Two Way Fireplace
- Wood Flooring
- Balcony
- Laurel Elementary School Rated A
- Main Floor Bedroom
- <<tubWithShowerToken>>
About This Home
As of August 2024Nestled on a massive half-acre lot in a coveted & historical neighborhood of Menlo Oaks, 1060 Colby Ave leaves a lasting impression. 100-year-old oak trees are strewn across the lot, coupled with cherry plum & lemon trees that add to the tranquil aura this home provides. Step into the bright interior, where oversized picture windows & glass doors in the formal living room cascade natural light across hardwood flooring that extends into the cozy secondary living space & adjoining dining area. Prepare your favorite meals in the well-equipped galley kitchen & dine al-fresco in the wrap-around backyard retreat. Off the foyer, a hall leads to a full hall bath, three versatile guest bedroomsone opening to a private, covered patio& a luxurious primary suite with an ensuite. An attached garage includes a conveniently placed half bathroom, completing this abundant home. Desirably located, appreciate a tranquil, suburban ambience as well as a quiet and secluded feel while only a short drive from major tech hubs like Palo Alto and the broader Silicon Valley. Residents enjoy access to top rated schools and a variety of dining, shopping & entertainment options at nearby downtown Menlo Park and Palo Alto. Proximity to major freeways makes for easier commute and travel.
Last Agent to Sell the Property
Intero Real Estate Services License #01889210 Listed on: 07/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,204
Year Built
- Built in 1957
Lot Details
- 0.52 Acre Lot
- Fenced
- Sprinkler System
- Back Yard
- Zoning described as R10025
Parking
- 2 Car Garage
- Guest Parking
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,010 Sq Ft Home
- Wood Burning Fireplace
- Two Way Fireplace
- Family or Dining Combination
- Crawl Space
- Laundry in Garage
Kitchen
- Electric Oven
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- <<tubWithShowerToken>>
- Walk-in Shower
Outdoor Features
- Balcony
- Shed
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 062-150-290
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Jul 26, 2024
Sold by
Smith Philip Durant
Bought by
Loose Jean-Philippe and Loose Anne-Sophie
Seller's Agent
Debbie Ojeda
Intero Real Estate Services
Buyer's Agent
Debbie Ojeda
Intero Real Estate Services
List Price
$3,788,000
Sold Price
$4,500,000
Premium/Discount to List
$712,000
18.8%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,330
Avg. Annual Appreciation
-4.04%
Original Mortgage
$2,925,000
Outstanding Balance
$2,897,261
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,438,602
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,500,000 | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,925,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $4,500,000 | +18.8% | $2,239 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $3,788,000 | -- | $1,885 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $3,204 | $4,590,000 | $3,871,920 | $718,080 |
| 2023 | $3,204 | $169,620 | $70,668 | $98,952 |
| 2022 | $3,035 | $166,295 | $69,283 | $97,012 |
| 2021 | $2,984 | $163,035 | $67,925 | $95,110 |
| 2020 | $2,940 | $161,364 | $67,229 | $94,135 |
| 2019 | $2,873 | $158,201 | $65,911 | $92,290 |
| 2018 | $2,781 | $155,100 | $64,619 | $90,481 |
| 2017 | $2,704 | $152,059 | $63,352 | $88,707 |
| 2016 | $2,616 | $149,078 | $62,110 | $86,968 |
| 2015 | $2,545 | $146,840 | $61,178 | $85,662 |
| 2014 | $2,437 | $143,964 | $59,980 | $83,984 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Ojeda
Seller's Agent in 2024
Debbie Ojeda
Intero Real Estate Services
(415) 265-9056
1 in this area
32 Total Sales
Map
Source: MLSListings
MLS Number: ML81972838
APN: 062-150-290
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