1470 Franks Ln Menlo Park, CA 94025
Central Menlo Park NeighborhoodEstimated Value: $2,281,784 - $3,561,000
2
Beds
2
Baths
1,105
Sq Ft
$2,631/Sq Ft
Est. Value
About This Home
This home is located at 1470 Franks Ln, Menlo Park, CA 94025 and is currently estimated at $2,906,946, approximately $2,630 per square foot. 1470 Franks Ln is a home located in San Mateo County with nearby schools including Las Lomitas Elementary School, La Entrada Middle School, and Menlo-Atherton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2008
Sold by
Lit Ira W and Choo Jin Y
Bought by
Lit Ira William and Choo Jin Young
Current Estimated Value
Purchase Details
Closed on
Jun 18, 2007
Sold by
Kwan Jeffrey W and Kunz Pamela L
Bought by
Lit Ira W and Choo Jin Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$274,905
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,632,041
Purchase Details
Closed on
Jun 8, 2005
Sold by
Fahrner Kristen S and Fahrner Scott L
Bought by
Kwan Jeffrey W and Kunz Pamela L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2004
Sold by
Coggins Corey and Coggins Marci
Bought by
Fahrner Scott L and Fahrner Kristen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2003
Sold by
White Carolee
Bought by
Coggins Corey and Coggins Marci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.85%
Purchase Details
Closed on
Dec 17, 1998
Sold by
Veizades John and Veizades Lisa
Bought by
Coggins Corey and Coggins Marci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.86%
Purchase Details
Closed on
May 28, 1996
Sold by
Frank Derrough Joseph
Bought by
Veizades John and Veizades Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.25%
Purchase Details
Closed on
Jan 17, 1995
Sold by
Benedict John
Bought by
Derrough Joseph Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
7.37%
Purchase Details
Closed on
Oct 13, 1989
Sold by
Cheney Margaret
Bought by
Cheney Margaret
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lit Ira William | -- | None Available | |
| Lit Ira W | $1,276,000 | First American Title Company | |
| Kwan Jeffrey W | $998,000 | Chicago Title Insurance Co | |
| Fahrner Scott L | $931,000 | Financial Title Company | |
| Coggins Corey | -- | Stewart Title | |
| White Carolee | -- | Stewart Title | |
| Coggins Corey | $555,000 | Old Republic Title Ins Compa | |
| Veizades John | $368,000 | Old Republic Title Company | |
| Derrough Joseph Frank | $349,000 | First American Title Guarant | |
| Cheney Margaret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lit Ira W | $450,000 | |
| Previous Owner | Kwan Jeffrey W | $748,500 | |
| Previous Owner | Fahrner Scott L | $744,800 | |
| Previous Owner | Coggins Corey | $150,000 | |
| Previous Owner | Coggins Corey | $416,000 | |
| Previous Owner | Veizades John | $294,400 | |
| Previous Owner | Derrough Joseph Frank | $314,000 | |
| Closed | Fahrner Scott L | $93,050 |
Source: Public Records
Tax History Compared to Growth
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 | $20,122 | $1,709,557 | $1,339,784 | $369,773 |
| 2023 | $20,122 | $1,643,174 | $1,287,759 | $355,415 |
| 2022 | $19,245 | $1,610,956 | $1,262,509 | $348,447 |
| 2021 | $18,942 | $1,579,369 | $1,237,754 | $341,615 |
| 2020 | $18,524 | $1,563,176 | $1,225,063 | $338,113 |
| 2019 | $19,037 | $1,532,527 | $1,201,043 | $331,484 |
| 2018 | $18,132 | $1,502,479 | $1,177,494 | $324,985 |
| 2017 | $17,520 | $1,473,019 | $1,154,406 | $318,613 |
| 2016 | $17,365 | $1,444,137 | $1,131,771 | $312,366 |
| 2015 | $17,015 | $1,422,445 | $1,114,771 | $307,674 |
| 2014 | $16,835 | $1,394,583 | $1,092,935 | $301,648 |
Source: Public Records
Map
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