NOT LISTED FOR SALE

1101 Ringwood Ave Menlo Park, CA 94025

Belle Haven Neighborhood

Estimated Value: $1,506,000 - $2,428,000

-- Bed
7 Baths
3,708 Sq Ft
$524/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $522,000 $141 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $11,588/month

2 Days on Market

About This Home

As of November 2012

4 unit apartment building in Menlo Park. Easy access to 101 freeway makes commuting to High-tech Giants a breeze helping to make the property desirable for potential tenants. Thinking of Investment Property Ownership? Get started here. 4 Units are easier to finance than 5 Units and up.

Last Agent to Sell the Property

Paymon Ghafouri

Paymon Real Estate Group License #01375245 Listed on: 10/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,045

Year Built

  • 1964

Lot Details

  • 6,098

Home Design

  • Quadruplex
  • Fiberglass Roof

Interior Spaces

  • 3,708 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $1
  • The owner pays for electric, garbage, gas, heating, hot water, water

Community Details

Overview

  • 3,708 Sq Ft Building

Building Details

  • Gardener Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Manager Expense $1
  • Other Expense $1
  • Utility Expense $1
  • Trash Expense $1
  • Operating Expense $6,927
  • Gross Income $3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,045

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R400
  • Subclass: Fourplex
  • Age: 48
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 140.78
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3708
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3708
  • Stories: 2
  • Laundry: Laundry - No

Exterior Features

  • Roof: Fiberglass

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Uncovered Parking, Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5500.00
  • Lot Size Area Min Search: 5500.00
  • Maximum Lot Size: 5500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 189333.33

Multi Family

  • Expense Insurance: 1
  • Expense Landscape: 1
  • Expense Maintenance: 1
  • Expense Management: 1
  • Expenses Other: 1
  • Expenses Total: 6927
  • Expenses Utility: 1
  • Expense Trash: 1
  • Expense Water Sewer: 1
  • Income Annual Gross: 3.00
  • Income Annual Rental: 1
  • Income Gross Scheduled: 3
  • Income Laundry: 1
  • Income Other: 1
  • Maximum Building Height: 2
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Miscellaneous/Other
  • Owner Pays: Electric, Garbage, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Cable Tv
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Sai Investments Inc
Bought by
Pakravan Nima and Pakravan Leila
Current Estimated Value
$1,942,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Pakravan Fereydoon
Bought by
Sai Investments Inc and Pakravan Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2016
Sold by
Assadi Noushin
Bought by
Pakravan Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2016
Sold by
Sai Investments Inc
Bought by
Pakravan Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2016
Sold by
Assadi Noushin
Bought by
Pakravan Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2016
Sold by
Sai Investments Inc
Bought by
Sai Investments Inc and Pakravan Fereydoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2013
Sold by
Pakravan Tina
Bought by
Sai Homes Inc

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 7, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Pakravan Tina
Seller's Agent
Paymon Ghafouri
Paymon Real Estate Group
List Price
$568,000
Sold Price
$522,000
Premium/Discount to List
-$46,000
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$275,000
Interest Rate
3.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2012
Sold by
Jimenez Robert M and Hardy Crucita V
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 5, 2004
Sold by
Jimenez Robert M
Bought by
Jimenez Robert M and Hardy Crucita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 19, 1996
Sold by
Jimenez Tomasa
Bought by
Jimenez Robert M
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
Pakravan Nima -- Fntg Lenders Direct
Sai Investments Inc -- Chicago Title Insurance Co
Pakravan Fereydoon -- Chicago Title Company
Pakravan Fereydoon -- Chicago Title Company
Pakravan Fereydoon -- Chicago Title Company
Pakravan Fereydoon -- North American Title Co Inc
Sai Investments Inc -- North American Title Co Inc
Sai Homes Inc -- Cornerstone Title Company
Pakravan Tina $522,000 Servicelink
Hsbc Bank Usa National Association $747,899 Accommodation
Jimenez Robert M $261,000 Stewart Title Of California
Jimenez Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pakravan Nima $965,000
Previous Owner Sai Investments Inc $965,000
Previous Owner Pakravan Fereydoon $1,000,000
Previous Owner Sai Investments Inc $1,000,000
Previous Owner Pakravan Tina $275,000
Previous Owner Jimenez Robert M $647,500
Previous Owner Jimenez Robert M $522,000
Previous Owner Jimenez Robert M $50,000
Previous Owner Jimenez Robert M $483,437
Previous Owner Jimenez Robert M $300,000
Previous Owner Jimenez Robert M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $522,000 -8.1% $141 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $568,000 -- $153 / 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 $13,045 $642,794 $257,362 $385,432
2023 $13,045 $617,835 $247,369 $370,466
2022 $12,197 $605,721 $242,519 $363,202
2021 $11,956 $593,845 $237,764 $356,081
2020 $11,770 $587,757 $235,327 $352,430
2019 $11,589 $576,233 $230,713 $345,520
2018 $11,251 $564,936 $226,190 $338,746
2017 $10,793 $553,859 $221,755 $332,104
2016 $10,522 $543,000 $217,407 $325,593
2015 $10,187 $534,845 $214,142 $320,703
2014 $9,764 $524,369 $209,948 $314,421
Source: Public Records

Agents Affiliated with this Home

  • Paymon Ghafouri

    Seller's Agent in 2012

    Paymon Ghafouri

    Paymon Real Estate Group

    (650) 683-0388

    1 in this area

    83 Total Sales

    Paymon Ghafouri
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Map

Source: MLSListings

MLS Number: ML81238084

MLSListings

APN: 062-015-030

California San Mateo County Menlo Park 94025 Belle Haven

1101 Ringwood Ave, Menlo Park, CA

This home is located at 1101 Ringwood Ave, Menlo Park, CA 94025 since 16 October 2012 and is currently estimated at $1,942,333, approximately $523 per square foot. This property was built in 1964. 1101 Ringwood Ave is a home located in San Mateo County with nearby schools including Belle Haven Elementary School, Menlo-Atherton High School, and KIPP Valiant Community Prep.

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