NOT LISTED FOR SALE

Estimated Value: $8,734,000 - $16,275,467

7 Beds
6.5 Baths
7,459 Sq Ft
$1,676/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $16,750,000 $2,246 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $81,520/month

64 Days on Market

Highlights

  • Private Pool
  • 0.93 Acre Lot
  • Formal Dining Room
  • Oak Knoll Elementary School Rated A
  • Family Room with Fireplace
  • 4 Car Attached Garage

About This Home

As of July 2022

Stunning and luxurious construction located on exceptional street in Menlo Park on a rare nearly one acre, positioned for the utmost in privacy with automated gated entry.Open concept design with white oak floors, soaring ceilings, amazing natural light, expansive windows as well as disappearing walls of glass.Spectacular kitchen, breakfast and family room combination opening to the sky-lit pavilion with heaters and BBQ center.Attached guest wing with optional rec room or office plus additional guest suite on the main level.Two staircases plus elevator service the upstairs with 4 bedrooms and an apartment/gym with kitchenette and full bath for the ultimate in flexible use.Outstanding lighted landscaping with vast lawn, terrace, pool with spa, 4-car garage, EV charging,Build It Green certification, remarkable home within close proximity to downtown shopping and dining on Santa Cruz Ave. as well as the Menlo Circus Club,plus access to both acclaimed Menlo Park public and private schools.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 04/11/2022

Compass

Last Buyer's Agent

Judy Citron

Compass License #01825569 Listed on: 04/11/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $188,910

Year Built

  • 2020

Lot Details

  • 0.93

Parking

  • 4 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,459 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Private Pool
  • 0.93 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$188,910

Year Built

2020

Lot Details

0

Parking

4

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 7459
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 7459
  • Stories: 2
  • Laundry: Washer / Dryer
  • Fireplaces Min: 2
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Metal, Wood Shakes / Shingles
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 658

Lot Info

  • Lot Acres: 0.9255
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 40313.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 40313.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
1394 San Mateo Dr Llc
Bought by
San Mateo Drive Llc
Current Estimated Value
$12,504,734

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 14, 2020
Sold by
Pacific Excel 4 Llc
Bought by
1394 San Mateq Dr Llc
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$15,650,000
Sold Price
$14,750,000
Premium/Discount to List
-$900,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.18%

Purchase Details

Listed on
May 8, 2017
Closed on
Sep 5, 2017
Sold by
Joyce William Brian and Joyce Alva Leslie
Bought by
Pacific Excel 4 Llc
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$5,795,000
Sold Price
$5,000,000
Premium/Discount to List
-$795,000
-13.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.25%
Original Mortgage
$3,000,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2014
Sold by
Joyce Mary Scherrer
Bought by
Joyce Mary Scherrer and Joyce William Brian

Purchase Details

Closed on
Jun 10, 2000
Sold by
Joyce William T & Mary S Trs
Bought by
Joyce William Thomas and Joyce Mary Scherrer
Source: Public Records

Range of Values:

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Average Value
Not Available
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
San Mateo Drive Llc $16,750,000 Lawyers Title
1394 San Mateq Dr Llc $14,750,000 Lawyers Title Company
Pacific Excel 4 Llc $5,000,000 Lawyers Title Company
Joyce Mary Scherrer -- None Available
Joyce William Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific Excel 4 Llc $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $16,750,000 -4.3% $2,246 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $17,499,000 +18.6% $2,346 / Sq Ft
09/18/2020 09/18/20 Sold $14,750,000 -5.8% $1,977 / Sq Ft View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $15,650,000 +213.0% $2,098 / Sq Ft
09/15/2017 09/15/17 Sold $5,000,000 -9.0% $1,517 / Sq Ft View Prior Sale
08/12/2017 08/12/17 Pending -- -- --
06/03/2017 06/03/17 Price Changed $5,495,000 -5.2% $1,668 / Sq Ft
05/08/2017 05/08/17 For Sale $5,795,000 -- $1,759 / 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 $188,910 $17,426,700 $8,713,350 $8,713,350
2023 $188,910 $16,750,000 $8,375,000 $8,375,000
2022 $165,832 $15,045,000 $7,522,500 $7,522,500
2021 $163,350 $14,750,000 $7,375,000 $7,375,000
2020 $99,043 $8,793,708 $4,962,708 $3,831,000
2019 $65,645 $5,715,400 $4,865,400 $850,000
2018 $57,441 $5,000,000 $4,770,000 $230,000
2017 $5,225 $266,135 $120,389 $145,746
2016 $4,933 $260,918 $118,029 $142,889
2015 $4,829 $257,000 $116,257 $140,743
2014 $4,610 $251,967 $113,980 $137,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81886413

MLSListings

APN: 071-063-010