NOT LISTED FOR SALE

1631 Magnolia Ct Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $4,159,000 - $7,691,496

4 Beds
2 Baths
1,660 Sq Ft
$3,972/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $3,300,000 $1,988 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $40,324/month

8 Days on Market

Highlights

  • Solar Power System
  • Eichler Home
  • Radiant Floor
  • Oak Knoll Elementary School Rated A
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of June 2017

This is a well-maintained Eichler on a quiet, centrally-located West Menlo cul-de-sac. It is close to Oak Knoll Elementary and Hillview Middle schools and to Stanford. A large yard, patios, and lovely gardens wrap around the home. It has vaulted ceilings, an open interior floor plan and expansive windows which are vintage Eichler. Indoors and out, the home is ideal for entertaining. It is largely in original condition, but has an insulated Durafoam roof and solar power with reverse metering to minimize and even credit electric utility bills. The original underfloor heating has been replaced by both forced air gas and modern electrical radiant floor heating with 4 individual zones underneath engineered hardwood floors. 1631 Magnolia Court is a wonderful combination of privacy and convenience in the warm center of an exceptional community. Builders and other buyers should be aware that this 10,600sf lot is a STANDARD lot. Written confirmation from the City of MP is in the disclosures.

Last Agent to Sell the Property

Richard Poe

Richard W. Poe, Broker License #01138281 Listed on: 05/01/2017

Last Buyer's Agent

Tim Kerns

Coldwell Banker Realty License #01800770

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,751

Year Built

  • 1952

Lot Details

  • 10,585 Sq Ft Lot
  • Fenced
  • Mostly Level
  • Back Yard

Home Design

  • Eichler Home
  • Slab Foundation
  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Dining Area
  • Storage Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,751

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1660
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Built-In, Oven Range - Built-In, Oven Range - Electric, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1660
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Forced Air, Gas, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Corners Marked - No, Grade - Mostly Level
  • Lot Acres: 0.2430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10600.00

Green Features

  • Energy Features: Energy Star Appliances, Skylight, Solar Power, Solar Power On Grid

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Solar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 26, 2017
Sold by
Evans Matthew and Barton Mary Kathryn
Bought by
Kort Jonathan and Kort Jacqueline
Seller's Agent
Richard Poe
Richard W. Poe, Broker
Buyer's Agent
Tim Kerns
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$3,300,000
Premium/Discount to List
$305,000
10.18%
Current Estimated Value
$6,593,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,293,374
Avg. Annual Appreciation
8.60%
Original Mortgage
$2,805,000
Outstanding Balance
$2,333,814
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$4,259,560

Purchase Details

Closed on
Jun 24, 2016
Sold by
Evans S Matthew and Barton Kathryn
Bought by
Evans Barton Living Trust and Barton Kathryn

Purchase Details

Closed on
Jan 24, 2002
Sold by
Daw Jack
Bought by
Evans Matthew and Barton Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Kort Jonathan $3,300,000 Old Republic Title Company
Evans Barton Living Trust -- None Available
Evans Matthew $1,000,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kort Jonathan $2,805,000
Previous Owner Evans Matthew $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $3,300,000 +10.2% $1,988 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $2,995,000 -- $1,804 / 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 $69,751 $6,264,289 $3,632,632 $2,631,657
2023 $69,751 $6,021,040 $3,491,573 $2,529,467
2022 $66,681 $5,902,981 $3,423,111 $2,479,870
2021 $64,731 $5,711,992 $3,355,992 $2,356,000
2020 $40,830 $3,501,986 $3,321,581 $180,405
2019 $40,283 $3,433,320 $3,256,452 $176,868
2018 $39,310 $3,366,000 $3,192,600 $173,400
2017 $16,262 $1,272,886 $636,443 $636,443
2016 $15,754 $1,247,928 $623,964 $623,964
2015 $15,578 $1,229,184 $614,592 $614,592
2014 $15,283 $1,205,106 $602,553 $602,553
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Richard Poe

    Richard W. Poe, Broker

    Section Image
  • Tim Kerns

    Buyer's Agent in 2017

    Tim Kerns

    Coldwell Banker Realty

    (650) 430-4052

    9 in this area

    66 Total Sales

    Tim Kerns
    Section Image
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Map

Source: MLSListings

MLS Number: ML81649281

MLSListings

APN: 071-180-650

California San Mateo County Menlo Park 94025 Central Menlo Park

1631 Magnolia Ct, Menlo Park, CA

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