NOT LISTED FOR SALE

1151 Bay Laurel Dr Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $5,185,000 - $13,702,102

3 Beds
3 Baths
3,270 Sq Ft
$2,888/Sq Ft Est. Value

Highlights

  • Art Studio
  • 0.68 Acre Lot
  • Fireplace
  • Oak Knoll Elementary School Rated A
  • 3 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2019

Updated 1-level house on .68 acre lot in prime location. Owners request a 9-month lease, may consider up to 1 year.

Last Agent to Rent the Property

Keri Nicholas

Parc Agency Corporation License #01198898 Listed on: 05/08/2019

Last Renter's Agent

Lynn Roberts

Compass License #01814885

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $142,582

Year Built

  • 1938

Lot Details

  • 0.68

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 3,270 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Separate Family Room
  • Art Studio
  • Vinyl Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 0.68 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,500
  • Property Available on 5/8/19
  • Rent includes gardener
  • 9-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$142,582

Year Built

1938

Lot Details

0

Parking

3

Rental Info

  • Available: 05/08/2019
  • Lease Terms: Deposit Required
  • Maximum Lease Months: 9
  • Minimum Lease Months: 9
  • Rent Includes: Gardener
  • Security Deposit: 10500

Listing Details

  • Subclass: House For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Eat In Kitchen
  • Kitchen: Dishwasher, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3270
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Vinyl / Linoleum
  • Additional Rooms: Artist Studio
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

Schools

  • High School: 658

Lot Info

  • Lot Acres: 0.6772
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 29500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 29500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Mar 27, 2019
Sold by
Perseid Llc
Bought by
Ko Albert J and Miura Ko Reiko Ann
Seller's Agent
Keri Nicholas
Parc Agency Corporation
Buyer's Agent
Lynn Roberts
Compass
Sold Price
$10,500
Current Estimated Value
$9,443,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,433,051
Original Mortgage
$3,500,000
Outstanding Balance
$2,972,854
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,470,697

Purchase Details

Closed on
Feb 23, 2010
Sold by
Kluwin Michael G and Sanchez Tess A
Bought by
Perseid Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Kluwin Michael G and Sanchez Tess A
Bought by
Kluwin Michael G and Sanchez Tess A

Purchase Details

Closed on
Aug 7, 2000
Sold by
Wilbur Gregory F & C G Trs
Bought by
Kluwin Michael and Sanchez Tess

Purchase Details

Closed on
Jul 16, 1999
Sold by
Wilbur Gregory F and Wilbur G C
Bought by
Wilbur Gregory F and Wilbur Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.25%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Wilbur Gregory F and Wilbur G C
Bought by
Wilbur Gregory F and Wilbur Carolyn Green
Source: Public Records

Range of Values:

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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
Ko Albert J $6,500,000 Lawyers Title Company
Perseid Llc $3,150,000 Chicago Title Company
Kluwin Michael G -- --
Kluwin Michael G -- --
Kluwin Michael $3,000,000 Fidelity National Title Co
Wilbur Gregory F -- Fidelity National Title Co
Wilbur Gregory F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Albert J $3,500,000
Previous Owner Wilbur Gregory F $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Rented $10,500 0.0% --
05/15/2019 05/15/19 Under Contract -- -- --
05/08/2019 05/08/19 For Rent $10,500 -- --
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 $142,582 $13,078,384 $6,693,113 $6,385,271
2023 $142,582 $11,971,212 $6,433,212 $5,538,000
2022 $95,954 $8,595,071 $6,307,071 $2,288,000
2021 $74,571 $6,604,403 $6,183,403 $421,000
2020 $75,238 $6,630,000 $6,120,000 $510,000
2019 $42,744 $3,645,020 $1,822,510 $1,822,510
2018 $41,714 $3,573,550 $1,786,775 $1,786,775
2017 $41,119 $3,503,482 $1,751,741 $1,751,741
2016 $40,127 $3,434,788 $1,717,394 $1,717,394
2015 $39,788 $3,383,196 $1,691,598 $1,691,598
2014 $39,152 $3,316,924 $1,658,462 $1,658,462
Source: Public Records

Agents Affiliated with this Home

  • Keri Nicholas

    Landlord's Agent in 2019

    Keri Nicholas

    Parc Agency Corporation

    (650) 533-7373

    67 in this area

    212 Total Sales

    Keri Nicholas
    Section Image

  • L

    Tenant's Agent in 2019

    Lynn Roberts

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81750854

MLSListings

APN: 071-341-050

California San Mateo County Menlo Park 94025 Central Menlo Park

1151 Bay Laurel Dr, Menlo Park, CA

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