NOT LISTED FOR SALE

16 Homer Ln Menlo Park, CA 94025

Stanford Hills Neighborhood

Estimated Value: $2,297,000 - $2,541,560

3 Beds
2 Baths
1,057 Sq Ft
$2,311/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $2,200,000 $2,081 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,470/month

11 Days on Market

Highlights

  • Dining Area
  • Las Lomitas Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of August 2023

ATTN Flippers, Developers or Owner/Builders! Exceptional opportunity awaits you! Discover creekside charm in uninc. Menlo Park's desirable Stanford Weekend Acres neighborhood.Scenic views, this extremely rare & coveted 9247 square foot lot offers endless potential to create your dream home. Nestled next to the serene San Francisquito Creek & opposite the Stanford Golf Course, this property offers a truly idyllic location. Currently, there are 2 existing dwellings on the lot with the newer property positioned at the rear, offering picturesque views of the creek. The convenience of this location cannot be overstated.Minutes away from Stanford University, Highway 280, & various shopping centers in Ladera, Stanford, Downtown Menlo, & Palo Alto. Furthermore, the acclaimed Las Lomitas schools are within easy reach, ensuring exceptional education. Surround yourself with the beauty of nature & enjoy convenient access to hiking trails, cycling routes & equestrian activities. OFFERS 7/17@1PM.

Last Agent to Sell the Property

Maria Afzal

Christie's International Real Estate Sereno License #02026802 Listed on: 07/07/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

David Tran

KW Silicon City License #01971924

KW Silicon City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,898

Year Built

  • Built in 1928

Lot Details

  • 9,248 Sq Ft Lot
  • Zoning described as R10006

Interior Spaces

  • 1,057 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 074-303-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,898

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 1057
  • Year Built: 1928
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1057
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 074-303-140
  • Lot Acres: 0.2123
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9247.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9247.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jul 24, 2023
Sold by
Ronald C Alexander 1993 Revocable Trust
Bought by
Giandomenico Inyopan Yopi Elardo and Giandomenico Anthony Karl
Seller's Agent
Maria Afzal
Christie's International Real Estate Sereno
Buyer's Agent
David Tran
KW Silicon City
List Price
$2,288,000
Sold Price
$2,200,000
Premium/Discount to List
-$88,000
-3.85%
Views
14
Current Estimated Value
$2,443,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,187
Original Mortgage
$1,760,000
Outstanding Balance
$1,722,626
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1993
Sold by
Alexander Ronald C
Bought by
Alexander Ronald C
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
Giandomenico Inyopan Yopi Elardo $2,200,000 Lawyers Title Company
Alexander Ronald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giandomenico Inyopan Yopi Elardo $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $2,200,000 -3.8% $2,081 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $2,288,000 -- $2,165 / 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 $25,898 $2,244,000 $1,690,140 $553,860
2023 $25,898 $292,952 $121,968 $170,984
2022 $4,787 $287,209 $119,577 $167,632
2021 $4,712 $281,579 $117,233 $164,346
2020 $4,536 $278,692 $116,031 $162,661
2019 $4,585 $273,228 $113,756 $159,472
2018 $4,384 $267,872 $111,526 $156,346
2017 $3,920 $262,621 $109,340 $153,281
2016 $3,848 $257,473 $107,197 $150,276
2015 $3,738 $253,606 $105,587 $148,019
2014 $3,639 $248,639 $103,519 $145,120
Source: Public Records

Agents Affiliated with this Home

  • Maria Afzal

    Seller's Agent in 2023

    Maria Afzal

    Sereno Group

    (650) 561-6073

    1 in this area

    38 Total Sales

    Maria Afzal
    Section Image
  • David Tran

    Buyer's Agent in 2023

    David Tran

    KW Silicon City

    (408) 705-7931

    1 in this area

    45 Total Sales

    David Tran
    Section Image

  • S

    Buyer Co-Listing Agent in 2023

    Sunny Mach

    KW Silicon City

    (206) 591-1774

    1 in this area

    58 Total Sales

    Sunny Mach
    Section Image
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Map

Source: MLSListings

MLS Number: ML81933238

MLSListings

APN: 074-303-140

California San Mateo County Menlo Park 94025 Stanford Hills

16 Homer Ln, Menlo Park, CA

This home is located at 16 Homer Ln, Menlo Park, CA 94025 since 07 July 2023 and is currently estimated at $2,443,187, approximately $2,311 per square foot. This property was built in 1928. 16 Homer 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.

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