$2,700,000
SOLD AUG 5, 2025
6 Beds
4 Baths
3,550 Sq Ft
9,074 Sq Ft Lot

Recently Sold

$761 Per Sq Ft

4% Below List Price

36 Days on Market

Highlights

  • 4 Car Detached Garage
  • Guest Parking
  • Forced Air Heating System
  • Encinal Elementary School Rated A

About This Home

As of August 2025

Presenting 15 Kent Place, a rare investment opportunity in Menlo Park, ideally located near top tech campuses, Stanford University, and downtown Palo Alto. This fourplex offers the perfect blend of convenience, tranquility, and income potential in a highly sought-after neighborhood with tree-lined streets and top-rated schools. The property features four well-maintained units, each with a functional layout, ample natural light, spacious living areas, and charming outdoor spaces. It's an ideal choice for tenants seeking quiet living with easy access to city amenities. Whether you're an investor looking for consistent rental income or a buyer seeking a prime piece of Menlo Park real estate, 15 Kent Place offers an exceptional opportunity.

Last Agent to Sell the Property

Shane Stent

Parc Agency Corporation License #01868925 Listed on: 05/29/2025

Last Buyer's Agent

Ramtin Malek

Intero Real Estate License #02143685

Intero Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,892

Year Built

  • 1955

Parking

  • 4 Car Detached Garage
  • 3 Carport Spaces
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property

Additional Features

  • 9,074 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $111,600

Community Details

Overview

  • 3,550 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $2,445
  • Insurance Expense $1,818
  • Maintenance Expense $1,208
  • Manager Expense $5,657
  • Other Expense $11,324
  • Utility Expense $1,000
  • Trash Expense $1,105
  • Operating Expense $37,029
  • Gross Income $108,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,892

Year Built

1955

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3550
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Living Sq Ft: 3550
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Off-Street Parking, On Street
  • Carport Min: 3

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2083
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9074.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9074.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 25.08
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1818
  • Expense Landscape: 2445
  • Expense Maintenance: 1208
  • Expense Management: 5657
  • Expenses Other: 11324
  • Expenses Total: 37029
  • Expenses Utility: 1000
  • Expense Trash: 1105
  • Income Annual Gross: 108252.00
  • Income Annual Rental: 111600
  • Income Gross Scheduled: 111600
  • Meters: Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Equipment - Purchase, Fee - Property Management, Insurance, Maintenance, Maintenance - Capital Improvements, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 30, 2025
Sold by
Seebold Susan E and Seebold Katherine V
Bought by
Ghorbani Mohammad Jawad and Raygani Setareh
Seller's Agent
Shane Stent
Parc Agency Corporation
Buyer's Agent
Ramtin Malek
Intero Real Estate
List Price
$2,799,000
Sold Price
$2,700,000
Premium/Discount to List
-$99,000
-3.54%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.46%
Original Mortgage
$0
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2021
Sold by
Seebold Alicia Kunz and The Seebold Trust
Bought by
Seebold Susan E and Seebold Katherine V

Purchase Details

Closed on
May 25, 2011
Sold by
Seebold James Garfield and Seebold Alicia Kunz
Bought by
Seebold James Garfield and Seebold Alicia Kunz
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 Type Sale Price Title Company
Grant Deed $2,700,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Closed $0 New Conventional
Open $2,160,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $2,700,000 -3.5% $761 / Sq Ft
07/04/2025 07/04/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $2,799,000 -- $788 / 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 $12,892 $509,609 $124,559 $385,050
2023 $12,892 $489,822 $119,723 $370,099
2022 $12,159 $480,219 $117,376 $362,843
2021 $11,747 $470,804 $115,075 $355,729
2020 $11,553 $465,978 $113,896 $352,082
2019 $11,279 $456,842 $111,663 $345,179
2018 $10,884 $447,885 $109,474 $338,411
2017 $10,545 $439,104 $107,328 $331,776
2016 $10,087 $430,495 $105,224 $325,271
2015 $9,790 $424,030 $103,644 $320,386
2014 $9,383 $415,725 $101,614 $314,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82004769

MLSListings

APN: 062-411-180