NOT LISTED FOR SALE

1241 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,768,000 - $3,481,000

3 Beds
2 Baths
1,610 Sq Ft
$1,850/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $2,075,000 $1,289 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $18,202/month

10 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • High Ceiling
  • Oak Knoll Elementary School Rated A
  • Bonus Room
  • Formal Dining Room

About This Home

As of March 2015

Very charming and classic, Tudor-style home in downtown Menlo Park. This desirable home has a beautiful entry, a large living room with coved ceilings and fireplace, dining room with built-in buffet and attractive, French-style windows; gorgeous, warm, newly refinished hardwood floors in most rooms, newly painted interior and exterior, 2 upstairs bedrooms and one updated bathroom, and a third bedroom downstairs finished as an office w/built in desks & cabinets & full bath. Attached garage & basement.

Last Agent to Sell the Property

Monica Corman

Compass License #01111473 Listed on: 02/22/2015

Compass

Last Buyer's Agent

Stephanie Flahavan

Coldwell Banker Realty License #01053772

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,686

Year Built

  • Built in 1937

Lot Details

  • Level Lot
  • Back Yard Fenced
  • Zoning described as R10008

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Additional Features

  • Barbecue Area
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 071-083-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,686

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 1610
  • Year Built: 1937
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Refrigerator
  • Living Sq Ft: 1610
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room, Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-083-090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Bonus structure

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2015
Closed on
Mar 17, 2015
Sold by
Harris Robert E and Harris Leonie M
Bought by
Suen Yuk Lai and Wong Carol Man Yee
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Stephanie Flahavan
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$2,075,000
Premium/Discount to List
$225,000
12.16%
Current Estimated Value
$2,978,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,267
Avg. Annual Appreciation
3.45%
Original Mortgage
$1,660,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Harris Robert E and Harris Leonie M
Bought by
Harris Robert E and Harris Leonie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1993
Sold by
Harris Robert E and Harris Leonie M
Bought by
Harris Robert E and Harris Leonie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,200
Interest Rate
6.89%

Purchase Details

Closed on
Dec 8, 1993
Sold by
Pluvinage Vincent and Farrell Margaret G
Bought by
Harris Robert E and Harris Leonie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,200
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Suen Yuk Lai $2,075,000 North American Title Co Inc
Harris Robert E -- Old Republic Title Company
Harris Robert E -- Old Republic Title Company
Harris Robert E -- --
Harris Robert E $436,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uen Yuk Lai $1,500,000
Closed Suen Yuk Lai $1,628,000
Closed Suen Yuk Lai $1,660,000
Previous Owner Harris Robert E $625,500
Previous Owner Harris Robert E $635,000
Previous Owner Harris Robert E $370,000
Previous Owner Harris Robert E $200,000
Previous Owner Harris Robert E $150,000
Previous Owner Harris Robert E $150,000
Previous Owner Harris Robert E $377,000
Previous Owner Harris Robert E $305,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $2,075,000 +12.2% $1,289 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $1,850,000 -- $1,149 / 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 $29,686 $2,493,830 $2,291,923 $201,907
2023 $29,686 $2,396,994 $2,202,926 $194,068
2022 $28,333 $2,349,995 $2,159,732 $190,263
2021 $27,725 $2,303,918 $2,117,385 $186,533
2020 $27,565 $2,280,295 $2,095,674 $184,621
2019 $27,185 $2,235,584 $2,054,583 $181,001
2018 $26,508 $2,191,750 $2,014,298 $177,452
2017 $26,102 $2,148,775 $1,974,802 $173,973
2016 $25,402 $2,106,643 $1,936,081 $170,562
2015 $8,768 $616,594 $308,297 $308,297
2014 $7,738 $604,516 $302,258 $302,258
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Monica Corman

    Compass

    Section Image

  • S

    Buyer's Agent in 2015

    Stephanie Flahavan

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81451747

MLSListings

APN: 071-083-090

California San Mateo County Menlo Park 94025 Downtown Menlo Park

1241 University Dr, Menlo Park, CA

This home is located at 1241 University Dr, Menlo Park, CA 94025 since 22 February 2015 and is currently estimated at $2,978,267, approximately $1,849 per square foot. This property was built in 1937. 1241 University Dr 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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