NOT LISTED FOR SALE

1151 Hobart St Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $5,118,000 - $6,261,000

4 Beds
3.5 Baths
3,062 Sq Ft
$1,838/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $2,750,000 $898 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $33,690/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Wood Flooring
  • Oak Knoll Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Tinker Park

About This Home

As of August 2012

Spacious, updated West Menlo home in fantastic location | Open floor plan on one level w/ 2 master suites | Chef's kitchen w/ large butcher block island & newer stainless appliances | Family room with vaulted ceilings | Finest finishes: hardwood flooring, crown molding, custom cabinetry, AC | Professionally landscaped yard perfect for entertaining | Walk to downtown & top MP schools

Last Agent to Sell the Property

Billy McNair

Coldwell Banker Realty License #01343603 Listed on: 07/23/2012

Coldwell Banker Realty

Last Buyer's Agent

Ken Deleon

Deleon Realty License #01342140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,205

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R100

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shake Roof
  • Shingle Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,062 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 071-042-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,205

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Age: 62
  • Sale Price Per Sq Ft: 898.11
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3062
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 5
  • Map Top Coordinate: E
  • Thomas Bros Page: 790
  • Thomas Brothers: E5
  • Year Built: 1950
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Cooktop, Ovens - 2+, Oven - Built-In
  • Living Sq Ft: 3062
  • Stories: 1
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Den / Study / Office, Formal Entry, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Wood Shakes / Shingles, Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: Sequoia Union High
  • Elementary School: Oak Knoll Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 663
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-042-100
  • List Price per Sq Ft: 880.14
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10100.00
  • Lot Size Area Min Search: 10100.00
  • Maximum Lot Size: 10100.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Oak Knoll Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 23, 2012
Sold by
Raab Michael G and Raab Elizabeth L
Bought by
Izadinia Mansour
Seller's Agent
Billy McNair
Coldwell Banker Realty
Buyer's Agent
Ken Deleon
Deleon Realty
List Price
$2,695,000
Sold Price
$2,750,000
Premium/Discount to List
$55,000
2.04%
Current Estimated Value
$5,627,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,877,082
Avg. Annual Appreciation
5.66%
Original Mortgage
$2,000,000
Outstanding Balance
$1,378,686
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$4,248,396

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jul 9, 2012
Sold by
Raab Michael G and Raab Elizabeth L
Bought by
Raab Michael G and Raab Elizabeth L
Seller's Agent
Billy McNair
Coldwell Banker Realty
Buyer's Agent
Ken Deleon
Deleon Realty
List Price
$2,695,000
Sold Price
$2,750,000
Premium/Discount to List
$55,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,378,686
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$4,248,396

Purchase Details

Closed on
Feb 26, 2004
Sold by
Raab Michael and Raab Elizabeth
Bought by
Raab Michael G and Raab Elizabeth L

Purchase Details

Closed on
May 24, 2002
Sold by
Smithers Scott L and Smithers Daria L
Bought by
Raab Michael and Raab Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%

Purchase Details

Closed on
Dec 5, 2001
Sold by
Enskilda Securities Ab
Bought by
Smithers Scott L and Smithers Daria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2000
Sold by
Foley Mark J and Foley Dana L
Bought by
Enskilda Securities Ab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
8.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 1997
Sold by
Jones Margaret D
Bought by
Foley Mark J and Foley Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.95%
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
Izadinia Mansour $2,750,000 First American Title Company
Raab Michael G -- None Available
Raab Michael G -- --
Raab Michael $2,250,000 First American Title Co
Smithers Scott L $1,600,000 Bridgespan Title Company
Enskilda Securities Ab $3,200,000 Chicago Title Insurance Co
Foley Mark J $750,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izadinia Mansour $2,000,000
Previous Owner Raab Michael G $1,448,000
Previous Owner Raab Michael G $200,000
Previous Owner Raab Michael G $1,428,000
Previous Owner Raab Michael G $275,000
Previous Owner Raab Michael $1,485,000
Previous Owner Raab Michael $1,500,000
Previous Owner Raab Michael $1,500,000
Previous Owner Smithers Scott L $100,000
Previous Owner Smithers Scott L $1,100,000
Previous Owner Foley Mark J $0
Previous Owner Foley Mark J $1,200,000
Previous Owner Foley Mark $0
Previous Owner Foley Mark J $850,000
Previous Owner Foley Mark J $150,000
Previous Owner Foley Mark J $200,000
Previous Owner Foley Mark J $400,000
Closed Foley Mark J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $2,750,000 +2.0% $898 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $2,695,000 -- $880 / 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 $39,205 $3,386,415 $2,869,222 $517,193
2023 $39,205 $3,254,917 $2,757,807 $497,110
2022 $37,444 $3,191,096 $2,703,733 $487,363
2021 $36,713 $3,128,526 $2,650,719 $477,807
2020 $36,446 $3,096,448 $2,623,540 $472,908
2019 $35,953 $3,035,735 $2,572,099 $463,636
2018 $35,073 $2,976,212 $2,521,666 $454,546
2017 $34,557 $2,917,856 $2,472,222 $445,634
2016 $33,690 $2,860,645 $2,423,748 $436,897
2015 $33,393 $2,817,677 $2,387,342 $430,335
2014 $32,847 $2,762,484 $2,340,578 $421,906
Source: Public Records

Agents Affiliated with this Home

  • Billy McNair

    Seller's Agent in 2012

    Billy McNair

    Coldwell Banker Realty

    (650) 862-3266

    26 in this area

    131 Total Sales

    Billy McNair
    Section Image
  • Ken Deleon

    Buyer's Agent in 2012

    Ken Deleon

    Deleon Realty

    (650) 380-1420

    3 Total Sales

    Ken Deleon
    Section Image
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Map

Source: MLSListings

MLS Number: ML81227518

MLSListings

APN: 071-042-100

California San Mateo County Menlo Park 94025 Central Menlo Park

1151 Hobart St, Menlo Park, CA

This home is located at 1151 Hobart St, Menlo Park, CA 94025 since 23 July 2012 and is currently estimated at $5,627,082, approximately $1,837 per square foot. This property was built in 1950. 1151 Hobart St is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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