NOT LISTED FOR SALE

1388 Elder Ave Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $4,320,000 - $4,750,000

4 Beds
3 Baths
2,230 Sq Ft
$2,032/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $3,850,000 $1,726 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $27,435/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Wine Refrigerator
  • Oak Knoll Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2021

Completely Renovated 4 Bedroom 3 Bath Home in Prime West Menlo Park. Formal Entry. Elegant Living Room with Custom Fireplace. Separate Dining Room with Designer Lighting. Modern Eat-in Kitchen with Custom Cabinetry and Floating Shelves. 4 Spacious Bedrooms. 3 Remodeled Baths. Exquisite Primary Suite with Dual Closets. Primary Bath Includes Dual Sinks. Expansive Laundry Room with Ample Storage. Backyard Includes Modern Decking, Custom Hardscape Design and Built-in Wood Bench Seating. Two Car Garage Doubles as Kids Recreation Area with Storage. French Oak Floors, Custom Lighting, Central Air Conditioning, New Roof, New HVAC. Centrally Located. Award Winning Menlo Park Schools

Last Agent to Sell the Property

Keri Nicholas

Parc Agency Corporation License #01198898 Listed on: 08/23/2021

Last Buyer's Agent

Jun Zhu

ZJ98 License #01410407

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 10,001 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2230
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2230
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry, Laundry Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 658

Lot Info

  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 3, 2021
Sold by
Hutchinson Chad and Hutchinson Lindsey
Bought by
Liu Jiangxia and Feng Likun
Seller's Agent
Keri Nicholas
Parc Agency Corporation
Buyer's Agent
Jun Zhu
ZJ98
List Price
$3,575,000
Sold Price
$3,850,000
Premium/Discount to List
$275,000
7.69%
Current Estimated Value
$4,531,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,180
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Liske Peter Frederick and Liske Jennifer Jacqueline Bitter
Bought by
Hutchinson Chad and Hutchinson Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Liske Peter and Liske Jennifer Bitter
Bought by
Liske Peter Frederick and Liske Jennifer Jacqueline Bitter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Liske Peter Frederick and Liske Jennifer Jacqueline Bitter
Bought by
Liske Peter Frederick and Liske Jennifer Jacqueline Bitter

Purchase Details

Closed on
Jan 19, 2011
Sold by
Hernstadt Development Llc
Bought by
Liske Peter Frederick and Liske Jennifer Jacqueline Bitter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Gutterman Sidney
Bought by
Hernstadt Development Llc

Purchase Details

Closed on
Feb 3, 2000
Sold by
Gutterman Sidney Tr
Bought by
Gutterman Sidney

Purchase Details

Closed on
Feb 2, 2000
Sold by
Gutterman Sidney Tr and Gutterman Anne Tr
Bought by
Gutterman Sidney

Purchase Details

Closed on
Jan 24, 2000
Sold by
Gutterman Sidney Tr and Gutterman Anne Tr
Bought by
Gutterman Sidney

Purchase Details

Closed on
Dec 16, 1997
Sold by
Sidney Gutterman
Bought by
Gutterman Sidney and Gutterman Anne

Purchase Details

Closed on
Feb 3, 1997
Sold by
Sidney Gutterman
Bought by
Gutterman Sidney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 10, 1995
Sold by
Gutterman Anne
Bought by
Gutterman Anne

Purchase Details

Closed on
Jun 14, 1995
Sold by
Gutterman Sidney
Bought by
Gutterman Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Jiangxia $3,850,000 Lawyers Title Company
Hutchinson Chad $1,600,000 First American Title Company
Liske Peter Frederick -- Chicago Title Company
Liske Peter -- Chicago Title Company
Liske Peter Frederick -- Chicago Title Insurance Co
Liske Peter Frederick $1,425,000 First American Title Company
Hernstadt Development Llc $1,500,000 First American Title Co
Gutterman Sidney -- --
Gutterman Sidney -- --
Gutterman Sidney -- --
Gutterman Sidney -- --
Gutterman Sidney -- First American Title Co
Gutterman Anne -- --
Gutterman Anne -- Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchinson Chad $1,100,000
Previous Owner Liske Peter $930,000
Previous Owner Liske Peter Frederick $926,250
Previous Owner Gutterman Sidney $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Sold $3,850,000 +7.7% $1,726 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $3,575,000 -- $1,603 / Sq Ft
Source: MLSListings

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 $46,584 $4,085,649 $3,565,658 $519,991
2023 $46,584 $3,927,000 $3,427,200 $499,800
2022 $44,520 $3,850,000 $3,360,000 $490,000
2021 $22,776 $1,856,637 $1,160,399 $696,238
2020 $22,631 $1,837,600 $1,148,501 $689,099
2019 $22,312 $1,801,570 $1,125,982 $675,588
2018 $21,746 $1,766,246 $1,103,904 $662,342
2017 $21,398 $1,731,614 $1,082,259 $649,355
2016 $20,788 $1,697,662 $1,061,039 $636,623
2015 $20,578 $1,672,163 $1,045,102 $627,061
2014 $20,212 $1,639,408 $1,024,630 $614,778
Source: Public Records

Agents Affiliated with this Home

  • Keri Nicholas

    Seller's Agent in 2021

    Keri Nicholas

    Parc Agency Corporation

    (650) 533-7373

    69 in this area

    215 Total Sales

    Keri Nicholas
    Section Image
  • Jun Zhu

    Buyer's Agent in 2021

    Jun Zhu

    ZJ98

    (650) 303-9735

    1 in this area

    7 Total Sales

    Jun Zhu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81859565

MLSListings

APN: 071-031-040

California San Mateo County Menlo Park 94025 Central Menlo Park

1388 Elder Ave, Menlo Park, CA

Not Listed for Sale

Detached

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