1241 University Dr Menlo Park, CA 94025
Downtown Menlo Park NeighborhoodEstimated Value: $2,643,000 - $2,914,000
3
Beds
2
Baths
1,610
Sq Ft
$1,725/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tudor Architecture
- High Ceiling
- Oak Knoll Elementary School Rated A
- Bonus Room
- Formal Dining Room
About This Home
As of March 2015Very 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
Last Buyer's Agent
Stephanie Flahavan
Coldwell Banker Realty License #01053772
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 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
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%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,827
Avg. Annual Appreciation
2.89%
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%
Similar Homes in Menlo Park, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $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
-
Seller's Agent in 2015
Monica Corman
Compass
(650) 543-1164
3 in this area
39 Total Sales
-
Buyer's Agent in 2015
Stephanie Flahavan
Coldwell Banker Realty
(650) 302-4838
13 Total Sales
Map
Source: MLSListings
MLS Number: ML81451747
APN: 071-083-090
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