NOT LISTED FOR SALE

Estimated Value: $1,718,383 - $1,809,000

2 Beds
2 Baths
1,235 Sq Ft
$568/mo HOA Fee

Last Sold April 08, 2019

Last sale price $1,750,000 $1,417 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,439/month

Highlights

  • Gated Community
  • 0.42 Acre Lot
  • Contemporary Architecture
  • Encinal Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2019

Walk to downtown Menlo Park... From this completely remodeled condominium in an exclusive small building of spacious and light single level units. 9' ceilings, open floor plan, contemporary white interiors, wide plank European hardwood floors, new double pane Andersen windows & doors and recessed & custom lighting. Brand new kitchen with professional stainless steel appliances, quality cabinetry and quartz countertops. Brand new bathrooms, feature white stone & tile finishes and quality chrome fixtures. Private balcony, ample storage space, Nest thermostat, central A/C. This is a SECURE BUILDING with 2 locked pedestrian gates and a secured garage. Per unit: 2 designated parking spaces, one car charger dock and a private storage room in garage. Large lot with professionally landscaped garden and expansive rear patio. Professionally managed building.

Last Agent to Sell the Property

Liz Daschbach

Compass License #00969220 Listed on: 04/06/2019

Compass

Last Buyer's Agent

Kay Paelmo

Kay Paelmo, Broker License #01952482

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,848

Year Built

  • Built in 1973

Lot Details

  • Southwest Facing Home
  • Gated Home
  • Sprinklers on Timer
  • Back Yard Fenced

HOA Fees

  • $568 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Floor Insulation
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Sound
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Formal Dining Room
  • Security Gate
  • Laundry in Utility Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 110-700-090

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, fencing, garbage, hot water, insurance, insurance - hazard, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof, water
  • 10 Units
  • Stonewood Menlo Park HOA
  • Built by Stonewood Condominiums

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,848

Year Built

Built in 1973

Lot Details

0

HOA Fees

$568 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary, Modern / High Tech
  • Restrictions: Pets - Not Allowed, Pets - Number Restrictions, Pets - Restrictions
  • Age: 46
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 10
  • Min Numberof Unitsin Complex: 10
  • Structure Sq Ft: 1235
  • Complex Name: Stonewood Condominiums
  • Incorporated: Yes
  • Year Built: 1973
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Gas Log
  • Dining Room: Dining "L", Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1235
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking, Security Building
  • Bedrooms: Walk-in Closet
  • Laundry: In Utility Room, Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Great Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Marble, Primary - Stall Shower(s), Shower over Tub - 1, Solid Surface, Stone, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Foam
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate
  • Property Faces: Southwest

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, Electric Gate, Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 568
  • HOA Amenities: Additional Storage, Community Security Gate
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance, Insurance - Hazard, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Water
  • H O A Name Text: Stonewood Menlo Park HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-in Closet, Wet Bar

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
  • Parcel Number: 110-700-090
  • Lot Acres: 0.4239
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18466.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18466.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Floor, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
Feb 28, 2019
Sold by
1326 Hoover Street Llc
Bought by
Wang Kailing
Seller's Agent
Liz Daschbach
Compass
Buyer's Agent
Kay Paelmo
Kay Paelmo, Broker
List Price
$1,698,000
Sold Price
$1,750,000
Premium/Discount to List
$52,000
3.06%
Total Days on Market
0
Current Estimated Value
$1,760,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,846
Avg. Annual Appreciation
0.58%
Original Mortgage
$1,225,000
Outstanding Balance
$1,076,378
Interest Rate
3.86%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$737,126

Purchase Details

Closed on
Sep 22, 2017
Sold by
Baghshaw Petersmeyer Partners Llc
Bought by
1326 Hoover St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,980,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2017
Sold by
Fairbank Valerie Baker
Bought by
Fairbank Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,980,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2014
Sold by
Gay Cassandra B
Bought by
Bagshaw Petersmeyer Partners Llc

Purchase Details

Closed on
Dec 31, 2012
Sold by
Bagshaw David P and Petersmeyer Wendy
Bought by
Bagshaw Petersmeyer Partners Llc

Purchase Details

Closed on
Jul 25, 2012
Sold by
Bagshaw David P
Bought by
Bagshaw David P and Petersmeyer Wendy

Purchase Details

Closed on
Jul 10, 2011
Sold by
Bagshaw Malcolm A and Bagshaw David P
Bought by
Bagshaw David P

Purchase Details

Closed on
Oct 31, 2005
Sold by
Bagshaw Malcolm A
Bought by
Bagshaw Malcolm A and Bagshaw David P

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bagshaw Malcolm A
Bought by
Bagshaw Malcolm A and Bagshaw David P

Purchase Details

Closed on
Jun 14, 2005
Sold by
Testamentar Fairbank Jr William Martin
Bought by
Fairbank William M and Fairbank Richard D

Purchase Details

Closed on
Oct 25, 2003
Sold by
Noble Warden H and Noble Susan S
Bought by
Noble Warden H and Noble Susan S
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
Wang Kailing $1,750,000 Lawyers Title Company
1326 Hoover St Llc $10,500,000 Lawyers Title Co
Fairbank Robert H -- Lawyers Title Co
Fairbank Richard D -- Lawyers Title Co
Bagshaw Petersmeyer Partners Llc $150,000 None Available
Bagshaw Petersmeyer Partners Llc $303,000 None Available
Bagshaw David P -- None Available
Bagshaw David P -- None Available
Bagshaw Malcolm A -- --
Bagshaw Malcolm A -- --
Fairbank William M -- --
Noble Warden H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kailing $1,225,000
Previous Owner Hoover Street Llc $8,980,000
Previous Owner 1326 Hoover St Llc $8,980,000
Previous Owner Fairbank Richard D $8,980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $1,750,000 +3.1% $1,417 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $1,698,000 -- $1,375 / 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 $23,848 $1,876,349 $562,904 $1,313,445
2022 $22,745 $1,839,559 $551,867 $1,287,692
2021 $22,214 $1,803,491 $541,047 $1,262,444
2020 $22,073 $1,785,000 $535,500 $1,249,500
2019 $12,730 $932,280 $279,684 $652,596
2018 $12,388 $914,000 $274,200 $639,800
2017 $4,258 $183,410 $43,643 $139,767
2016 $3,985 $179,817 $42,788 $137,029
2015 $3,932 $180,941 $43,293 $137,648
2014 $3,433 $144,818 $31,854 $112,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81746176

MLSListings

APN: 110-700-090