NOT LISTED FOR SALE

1308 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,869,000 - $3,551,000

3 Beds
2 Baths
1,710 Sq Ft
$1,958/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $3,400,000 $1,988 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $20,673/month

8 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Balcony
  • Encinal Elementary School Rated A
  • Neighborhood Views
  • Bathtub with Shower

About This Home

As of September 2021

One story, ready to move into, remodeled/upgraded w/garden views from living spaces & prim bed. Light filled floor plan w/exceptional flow for quintessential CA indoor-outdoor lifestyle, perfect for entertaining all year round. Spacious living room w/walls of glass frame garden, w/wood-burning fireplace. Brand new gourmet chefs kitchen w/quartz & SS appli, eat-at peninsula bar, abundant cabinets/drawers, sep walk-in pantry. Dining space w/access to back garden enhances easy lifestyle w/friends & family. Prim bed at rear of house, dual closets & upgraded tile bath. 2 add. bedrooms, one w/built-in murphy bed. New upgraded tile hall bath. Gleaming hardwood floors, new interior paint, new recessed LED lighting, new dual pane windows/doors, upgraded plumbing/lighting fixtures, inside laundry. Fully fenced back yard & garden w/mature landscaping, established lawns front/back, fruit trees/flower beds w/sprinkler & drip irrigation. Large 2 car gar w/add. storage. Valuable R3 zoning. MP schools

Last Listed By

Penelope Huang

Golden Gate Sotheby's International Realty License #01023392 Listed on: 08/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,891

Year Built

  • 1960

Lot Details

  • 7,867 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

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

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,891

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1710
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1710
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Showers Over Tubs - 2+, Tub In Primary Bedroom, Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate, Partial Fencing, Wood
  • Construction Type: 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, Parking Restrictions

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Encinal Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 627
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1806
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7865.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7865.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 3, 2021
Sold by
Ramberg Erik and Ramberg Christine Shelby
Bought by
Dixit Amol and Sheorey Shruti
Seller's Agent
Penelope Huang
Golden Gate Sotheby's International Realty
List Price
$2,875,000
Sold Price
$3,400,000
Premium/Discount to List
$525,000
18.26%
Total Days on Market
8
Current Estimated Value
$3,347,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,605
Avg. Annual Appreciation
-0.13%
Original Mortgage
$1,870,000
Outstanding Balance
$1,513,226
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$1,870,801

Purchase Details

Listed on
May 23, 2014
Closed on
Jun 3, 2014
Sold by
Jones David J
Bought by
Ramberg Erik and Shelby Anne
Seller's Agent
Christina Nguyen
Christina Nguyen Realty
Buyer's Agent
Colleen Cooley
Coldwell Banker Realty
List Price
$1,799,999
Sold Price
$2,043,000
Premium/Discount to List
$243,001
13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,634,400
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2006
Sold by
Jones James F
Bought by
Jones James F and Victoria Jones A

Purchase Details

Closed on
Apr 20, 2000
Sold by
Jones A Victoria
Bought by
Jones A Victoria
Source: Public Records

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Range of Values:

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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
Dixit Amol $3,400,000 First American Title Company
Ramberg Erik $2,043,000 Old Republic Title Company
Jones James F -- None Available
Jones A Victoria -- --
Jones James F -- --
Jones James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixit Amol $1,870,000
Previous Owner Ramberg Erik $1,634,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $3,400,000 +18.3% $1,988 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $2,875,000 +40.7% $1,681 / Sq Ft
06/25/2014 06/25/14 Sold $2,043,000 +13.5% $1,195 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $1,799,999 -- $1,053 / 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
2023 $34,891 $2,930,000 $2,715,000 $215,000
2022 $39,634 $3,400,000 $3,150,000 $250,000
2021 $27,836 $2,313,707 $2,007,934 $305,773
2020 $27,676 $2,289,984 $1,987,346 $302,638
2019 $27,295 $2,245,083 $1,948,379 $296,704
2018 $26,616 $2,201,063 $1,910,176 $290,887
2017 $26,208 $2,157,906 $1,872,722 $285,184
2016 $25,506 $2,115,595 $1,836,002 $279,593
2015 $25,265 $2,083,818 $1,808,424 $275,394
2014 $3,140 $121,363 $41,175 $80,188
Source: Public Records

Agents Affiliated with this Home

  • Penelope Huang

    Seller's Agent in 2021

    Penelope Huang

    Golden Gate Sotheby's International Realty

    (650) 281-8028

    2 in this area

    11 Total Sales

    Section Image
  • Christina Nguyen

    Seller's Agent in 2014

    Christina Nguyen

    Christina Nguyen Realty

    (650) 776-4085

    45 Total Sales

    Section Image
  • Colleen Cooley

    Buyer's Agent in 2014

    Colleen Cooley

    Coldwell Banker Realty

    (650) 704-6573

    38 Total Sales

    Colleen Cooley
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81856399

MLSListings

APN: 071-091-400

California San Mateo County Menlo Park 94025 Downtown Menlo Park

1308 University Dr, Menlo Park, CA

This home is located at 1308 University Dr, Menlo Park, CA 94025 since 02 August 2021 and is currently estimated at $3,347,395, approximately $1,957 per square foot. This property was built in 1960. 1308 University Dr is a home located in San Mateo County with nearby schools including Encinal Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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