NOT LISTED FOR SALE

Estimated Value: $5,289,000 - $6,140,000

4 Beds
5 Baths
3,350 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold August 27, 2012

Last sale price $2,610,000 $779 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $33,824/month

About This Home

As of August 2012

It is rare to have a rental property that is as pristine and attractive as this property be available. This gorgeous four bedroom, three bath and two half-bath home, set on a quiet west Menlo Park cul-de-sac, close to downtown, was built in 1999 and has been beautifully updated with style and taste. Enjoy sitting on the expansive front porch, perched on a comfortable chair in solitude, or sharing the company of neighbors and friends. The beautifully landscaped grounds provide space for outdoor entertaining or sitting by the inviting pool. Other features include wine storage, oversize garage with workshop, Two zone heating and A/C, pantry. Pets may be considered. Award winning Menlo Park Schools. Available August 1, 2017. 12-month minimum lease with the possibility of an extension.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Aug 23, 2012
Sold by
Teter Douglas Cushing and Teter Maureen Mcguire
Bought by
Wright Charles David and Wright Lori Varner
Seller's Agent
Brian Ayer
Intero Real Estate Services
Buyer's Agent
Monica Corman
Compass
List Price
$2,798,000
Sold Price
$2,610,000
Premium/Discount to List
-$188,000
-6.72%
Current Estimated Value
$5,757,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,147,350
Avg. Annual Appreciation
6.37%
Original Mortgage
$1,957,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2007
Sold by
Teter Douglas Cushing and Teter Marueen Mcguire
Bought by
Teter Douglas Cushing and Teter Maureen Mcguire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2000
Sold by
Teter Douglas C and Teter Maureen M
Bought by
Teter Douglas and Teter Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 2, 1998
Sold by
Teter Mary C
Bought by
Teter Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
7.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 1997
Sold by
Teter Mary C
Bought by
Teter Maureen M

Purchase Details

Closed on
Dec 3, 1997
Sold by
Teter J Gordon Tr
Bought by
Teter Md J Gordon and Teter Mary C

Purchase Details

Closed on
Aug 28, 1997
Sold by
Teter J Gordon Tr
Bought by
Teter J Gordon
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
Wright Charles David $2,610,000 First American Title Company
Teter Douglas Cushing -- Alliance Title Company
Teter Douglas -- Fidelity National Title Co
Teter Maureen M -- --
Teter Douglas C $402,000 --
Teter Maureen M -- --
Teter Douglas C -- --
Teter Md J Gordon -- --
Teter J Gordon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Charles $1,200,000
Closed Wright Charles David $1,500,000
Closed Wright Charles David $1,957,500
Previous Owner Teter Douglas Cushing $775,000
Previous Owner Teter Douglas $200,000
Previous Owner Teter Douglas $750,000
Previous Owner Teter Douglas C $402,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2017 05/08/17 Rented $15,000 0.0% --
05/06/2017 05/06/17 For Rent $15,000 0.0% --
08/27/2012 08/27/12 Sold $2,610,000 -1.5% $864 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $2,650,000 -5.3% $877 / Sq Ft
05/29/2012 05/29/12 For Sale $2,798,000 0.0% $926 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/16/2012 05/16/12 Price Changed $2,798,000 -3.5% $926 / Sq Ft
04/13/2012 04/13/12 Price Changed $2,898,000 -3.3% $960 / Sq Ft
02/03/2012 02/03/12 For Sale $2,998,000 -- $993 / Sq Ft

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
2023 $39,234 $3,270,603 $1,544,609 $1,725,994
2022 $37,470 $3,206,475 $1,514,323 $1,692,152
2021 $36,738 $3,143,604 $1,484,631 $1,658,973
2020 $35,416 $3,008,090 $1,469,408 $1,538,682
2019 $34,937 $2,949,110 $1,440,597 $1,508,513
2018 $34,088 $2,891,285 $1,412,350 $1,478,935
2017 $33,591 $2,834,594 $1,384,657 $1,449,937
2016 $32,744 $2,779,014 $1,357,507 $1,421,507
2015 $31,750 $2,674,232 $1,337,116 $1,337,116
2014 $31,226 $2,621,848 $1,310,924 $1,310,924
Source: Public Records

Agents Affiliated with this Home

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