NOT LISTED FOR SALE

Estimated Value: $4,362,000 - $4,821,360

4 Beds
2.5 Baths
2,010 Sq Ft
$2,285/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2024

Last sale price $4,500,000 $2,239 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $24,783 / mo

10 Days on Market

Highlights

  • Two Way Fireplace
  • Wood Flooring
  • Balcony
  • Laurel Elementary School Rated A
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of August 2024

Nestled 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

Debbie Ojeda

Intero Real Estate Services License #01889210 Listed on: 07/11/2024

Intero Real Estate Services

Last Buyer's Agent

Debbie Ojeda

Intero Real Estate Services License #01889210 Listed on: 07/11/2024

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 22,773 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard
  • Zoning described as R10025

Parking

  • 2 Car Attached 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
  • Storage Room
  • Laundry in Garage
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 062-150-290

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0.52 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2010
  • Incorporated: Yes
  • Year Built: 1957
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Dual See Thru, Wood Burning
  • Dining Room: Dining Area in Family Room, No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2010
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn, Storage Shed / Structure
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Parking Area

Utilities

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

Lot Info

  • Parcel Number: 062-150-290
  • Lot Acres: 0.5228
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22774.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 22774.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: tool shed

MLS Schools

  • High School District Text: Sequoia Union High

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
$4,592,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,590
Avg. Annual Appreciation
1.21%
Original Mortgage
$2,925,000
Outstanding Balance
$2,870,483
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,722,107
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Loose Jean-Philippe $4,500,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loose Jean-Philippe $2,925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $4,500,000 $3,796,000 $704,000
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

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81972838

MLSListings

APN: 062-150-290

Your Personal Tour Guide

Ask me questions while you tour the home.