NOT LISTED FOR SALE

Estimated Value: $2,798,000 - $4,295,804

5 Beds
4 Baths
3,134 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $2,500,000 $798 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $21,193/month

41 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Balcony
  • Encinal Elementary School Rated A
  • Den
  • Fireplace

About This Home

As of April 2019

Rare duplex on an ideal tree-lined street in Menlo Park. The two units consist of a completely remodeled 3 bedroom, 2.5 bath rear unit with a private yard, and a 2 bedroom, 1 bath front unit with a large landscaped front yard. Both feature lovely covered front porches and one car garages. The immaculate back home features hardwood floors and plantation shutters throughout, custom tile work, a large laundry room with ample storage, and a gorgeous master bath with an oversized shower and closet. These homes feel like single family homes with their beautifully landscaped yards and only one shared wall between the garages. Close to downtown shops and restaurants, the Caltrain station and award-winning schools. This is perfect for an investor or owner-occupied investment!

Last Agent to Sell the Property

Stephanie Brinton

Golden Gate Sotheby's International Realty License #02035990 Listed on: 01/31/2019

Last Buyer's Agent

Dedy Efendi

Action Properties License #01413868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,684

Year Built

  • 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 3,134 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Den
  • Crawl Space
  • Attic Fan

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $94,800
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $3,600
  • Insurance Expense $1,300
  • Maintenance Expense $2,800
  • Operating Expense $23,457
  • Gross Income $91,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,684

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Oven - Gas, Oven Range - Built-In, Gas, Pantry, Varies By Unit
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Office Area

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Parking Area, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7840.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7840.00

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation, Double Pane Windows, Thermostat Controller

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 27.43
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1300
  • Expense Landscape: 3600
  • Expense Maintenance: 2800
  • Expenses Total: 23457
  • Income Annual Gross: 91956.00
  • Income Annual Rental: 94800
  • Income Gross Scheduled: 94800
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Loan - Mortgage, Loan - Principle & Interest, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Aec Eat Llc
Bought by
Toy Edmond and Toy Ellen
Current Estimated Value
$3,374,451

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 17, 2019
Sold by
Brinton Maclynn R and Brinton Bonnie Dee
Bought by
Aec Eat Llc
Seller's Agent
Stephanie Brinton
Golden Gate Sotheby's International Realty
Buyer's Agent
Dedy Efendi
Action Properties
List Price
$2,600,000
Sold Price
$2,500,000
Premium/Discount to List
-$100,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Brinton Traci L
Bought by
Brinton Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Brinton Maclynn R and Brinton Bonnie Dee
Bought by
Brinton Maclynn R and Brinton Bonnie Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2011
Sold by
Brinton Todd J and Brinton Traci L
Bought by
Brinton Todd J and Brinton Traci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 24, 2005
Sold by
Brinton Todd J and Brinton Traci
Bought by
Brinton Todd J and Brinton Traci L

Purchase Details

Closed on
Feb 28, 2005
Sold by
Maclynn R Brinton Family Revocable Trust and Brinton Todd J
Bought by
Brinton Maclynn R and Brinton Bonnie Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Brinton Todd J
Bought by
Brinton Todd J and Brinton Traci

Purchase Details

Closed on
Dec 23, 2003
Sold by
Brinton Maclynn R
Bought by
Brinton Maclynn R and Brinton Bonnie Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2003
Sold by
Mclaren Robert S and Mclaren William G
Bought by
Brinton Mclynn and Brinton Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 3, 2003
Sold by
Brinton Traci
Bought by
Brinton Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Toy Edmond $2,500,000 Chicago Title Company
Aec Eat Llc $2,500,000 Chicago Title Company
Brinton Todd J -- None Available
Brinton Maclynn R -- None Available
Brinton Todd J -- None Available
Brinton Todd J -- --
Brinton Maclynn R -- First American Title Co
Brinton Todd J -- --
Brinton Maclynn R -- --
Brinton Mclynn $899,000 First American Title Co
Brinton Todd J -- First American Title Co
Brinton Maclynn R -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brinton Todd J $799,000
Previous Owner Brinton Maclyn R $800,000
Previous Owner Brinton Maclynn R $125,000
Previous Owner Brinton Todd J $825,000
Previous Owner Brinton Maclynn R $900,000
Previous Owner Brinton Maclynn R $211,000
Previous Owner Brinton Maclynn $72,000
Previous Owner Brinton Maclynn R $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $2,500,000 -3.8% $798 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $2,600,000 -- $830 / 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 $33,684 $2,734,110 $1,881,069 $853,041
2023 $33,684 $2,627,943 $1,808,026 $819,917
2022 $32,128 $2,576,416 $1,772,575 $803,841
2021 $31,460 $2,525,899 $1,737,819 $788,080
2020 $31,260 $2,500,000 $1,720,000 $780,000
2019 $16,530 $1,159,577 $637,275 $522,302
2018 $16,073 $1,136,842 $624,780 $512,062
2017 $15,758 $1,114,552 $612,530 $502,022
2016 $15,240 $1,092,699 $600,520 $492,179
2015 $15,015 $1,076,287 $591,500 $484,787
2014 $14,664 $1,055,206 $579,914 $475,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81737173

MLSListings

APN: 061-382-100