NOT LISTED FOR SALE

Menlo Towers 1330 University Dr Unit 37 Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $1,620,000 - $1,986,000

2 Beds
2 Baths
1,490 Sq Ft
1.41 Acres

Last Sold September 21, 2015

Last sale price $1,400,000 $940 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,039/month

39 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Gated Community
  • Encinal Elementary School Rated A
  • Private Pool
  • 1.41 Acre Lot

About This Home

As of September 2015

Newly remodeled 2Bd/2Ba unit in the very desirable Menlo Towers in downtown Menlo Park. Just 2 short blocks from the heart of downtown, this community has an extremely convenient location while still being in a quiet and peaceful residential area. This spacious condo with an open floor plan has floor to ceiling walls of glass that open from every room to a terrace patio. Fully secure, the building has a staffed entrance and garage parking, along with a pool, gym and clubhouse included in the many amenities.

Last Agent to Sell the Property

Charles Fuery

Stanford Property and Finance License #00889106 Listed on: 07/13/2015

Last Buyer's Agent

Carole Rodinsky

Compass License #00640681

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,636

Year Built

  • Built in 1973

Lot Details

  • 1.41

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Storage Room
  • Washer and Dryer

Kitchen

  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 110-360-070

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, door person, exterior painting, fencing, garbage, hot water, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, sewer
  • Menlo Towers HOA
  • Built by Menlo Towers Association

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,636

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 42
  • Listing Class: Residential
  • Structure Sq Ft: 1490
  • Complex Name: Menlo Towers Association
  • Year Built: 1973
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Oven - Double, Refrigerator
  • Living Sq Ft: 1490
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stall Shower, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tar and Gravel
  • Pool: Yes
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Gate / Door Opener, Off-Street Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 677
  • HOA Amenities: BBQ Area, Billiard Room, Club House, Community Pool, Community Security Gate, Door Person, Gym / Exercise Facility, Trash Chute
  • Association Fees Include: Common Area Electricity, Common Area Gas, Door Person, Exterior Painting, Fencing, Garbage, Hot Water, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Sewer
  • H O A Name Text: Menlo Towers HOA
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 110-360-070
  • Lot Acres: 1.4060
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Beffa James C and Lackritz Hilary S
Bought by
Beffa Lackritz Family Trust and Beffa
Current Estimated Value
$1,776,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$214,249
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,562,648

Purchase Details

Closed on
Sep 16, 2020
Sold by
Lackritz Hilary S and Lackritz Hilary S
Bought by
Beffa James C and Lackritz Hilary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$214,249
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,562,648

Purchase Details

Closed on
Oct 10, 2018
Sold by
Beffa James C and Lackritz Hilary S
Bought by
Beffa James C and Lackritz Hilary S

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 15, 2015
Sold by
Shackleford J Barry and Shackleford Gregory M
Bought by
Beffa James C and Lackritz Hilary S
Seller's Agent
Charles Fuery
Stanford Property and Finance
Buyer's Agent
Carole Rodinsky
Compass
List Price
$1,345,000
Sold Price
$1,400,000
Premium/Discount to List
$55,000
4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,120,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2010
Sold by
Shackleford Norma M
Bought by
Shackleford Norma M and Barry Shackleford J

Purchase Details

Closed on
Sep 2, 2004
Sold by
Corporation Of The Presiding Bishop Of T
Bought by
Shackleford Norma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
The Corp Of The Presiding Bishop Of The
Bought by
Corporation Of The Presiding Bishop Of T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Smith Boyd Charles and Smith Jill Johnson
Bought by
Presiding Bishop Of The Church Of Jesus
Source: Public Records

Range of Values:

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Average Value
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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
Beffa Lackritz Family Trust -- First American Title
Beffa James C -- First American Title
Beffa James C -- First American Title Company
Beffa James C -- None Available
Beffa James C $1,400,000 North American Title Company
Shackleford Norma M -- None Available
Shackleford Norma M $630,500 Fidelity National Title
Corporation Of The Presiding Bishop Of T -- Fidelity National Title
Presiding Bishop Of The Church Of Jesus -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beffa James C $250,000
Closed Beffa James C $250,000
Closed Beffa James C $325,350
Closed Beffa Lackritz Family Trust $250,000
Closed Beffa James C $325,350
Previous Owner Beffa James C $1,120,000
Previous Owner Shackleford Norma M $333,700
Previous Owner Corporation Of The Presiding Bishop Of T $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2015 09/21/15 Sold $1,400,000 +4.1% $940 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $1,345,000 -- $903 / 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 $20,636 $1,657,309 $497,191 $1,160,118
2023 $20,636 $1,592,956 $477,886 $1,115,070
2022 $19,667 $1,561,722 $468,516 $1,093,206
2021 $19,176 $1,531,101 $459,330 $1,071,771
2020 $19,044 $1,515,403 $454,621 $1,060,782
2019 $18,771 $1,485,690 $445,707 $1,039,983
2018 $18,288 $1,456,560 $436,968 $1,019,592
2017 $17,987 $1,428,000 $428,400 $999,600
2016 $17,444 $1,400,000 $420,000 $980,000
2015 $10,011 $731,251 $219,374 $511,877
2014 $8,963 $716,928 $215,077 $501,851
Source: Public Records

Agents Affiliated with this Home

  • Charles Fuery

    Seller's Agent in 2015

    Charles Fuery

    Stanford Property and Finance

    (650) 326-2900

    12 Total Sales

    Charles Fuery
    Section Image

  • C

    Buyer's Agent in 2015

    Carole Rodinsky

    Compass

    Section Image
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About Menlo Towers

Map

Source: MLSListings

MLS Number: ML81484763

MLSListings

APN: 110-360-070

California San Mateo County Menlo Park 94025 Downtown Menlo Park

1330 University Dr Unit 37, Menlo Park, CA

This home is located at 1330 University Dr Unit 37, Menlo Park, CA 94025 since 13 July 2015 and is currently estimated at $1,776,897, approximately $1,192 per square foot. This property was built in 1973. 1330 University Dr Unit 37 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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