NOT LISTED FOR SALE

181 Loyola Ave Menlo Park, CA 94025

North Fair Oaks Neighborhood

Estimated Value: $2,185,000 - $3,058,000

5 Beds
4 Baths
3,372 Sq Ft
$786/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $1,320,000 $391 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $16,151/month

6 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Level Lot
  • Menlo-Atherton High School Rated A

About This Home

As of June 2013

Well maintained, attractive, & spacious duplex (side by side) on a quiet Menlo Park street. The rear unit is 3 bed/ 2 bath unit has just been fully remodeled and has a private backyard. Front unit is tenant occupied 2bed / 1.5ba in excellent condition with new appliances private patio and lush landscaped yard. Both units have their own large 2-car garage, laundry area. Great rental area!Must see

Last Agent to Sell the Property

Suheil Sahouria

Bruce H. Bean, Broker License #01408008 Listed on: 05/16/2013

Last Buyer's Agent

Richard Domich

Richard D. Domich, Broker License #00607998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,898

Year Built

  • 1977

Lot Details

  • 6,316

Parking

  • Private Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,372 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $82,800
  • The owner pays for services - gardener/landscaping, water

Community Details

Overview

  • 3,372 Sq Ft Building

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $1,000
  • Operating Expense $16,830
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,898

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 36
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 391.46
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3372
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 3372
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Laundry Area - In All Units, In Garage
  • Flooring: Tile, Carpet - Wall To Wall, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6300.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6300.00
  • Lot Size Area Min Search: 6300.00
  • Maximum Lot Size: 6300.00

Green Features

  • Energy Features: Insulated Water Heater, Low Flow Shower, Low Flow Toilet, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.68

Multi Family

  • Expense Insurance: 1800
  • Expense Maintenance: 1000
  • Expenses Total: 16830
  • Expense Water Sewer: 1200
  • Income Annual Gross: 82800.00
  • Income Annual Rental: 82800
  • Income Gross Scheduled: 82800
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Manoliu Andrei M and Neimat Marie Anne K
Bought by
181 183 Loyola Llc
Current Estimated Value
$2,649,780

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 4, 2013
Sold by
Raposo Carlos and Raposo Angelica
Bought by
Manoliu Andrei M and Neimat Marie Anne K
Seller's Agent
Suheil Sahouria
Bruce H. Bean, Broker
Buyer's Agent
Richard Domich
Richard D. Domich, Broker
List Price
$1,298,000
Sold Price
$1,320,000
Premium/Discount to List
$22,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Raposo Carlos and Raposo Angelica
Bought by
Raposo Carlos and Raposo Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Raposo Carlos and Raposo Angelica
Bought by
Raposo Carlos and Raposo Angelica

Purchase Details

Closed on
Dec 14, 2004
Sold by
Kitajewski Ludomir
Bought by
Raposo Carlos and Raposo Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1998
Sold by
Dinelli Rosemary S
Bought by
Kitajewski Ludomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1995
Sold by
Kitajewski Ludomir and Dinelli Rosemary
Bought by
Kitajewski Ludomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,850
Interest Rate
8.37%
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
181 183 Loyola Llc -- None Available
Manoliu Andrei M $1,320,000 Fidelity National Title Co
Raposo Carlos -- Accommodation
Raposo Carlos -- Fidelity National Title Co
Raposo Carlos -- None Available
Raposo Carlos -- None Available
Raposo Carlos $955,000 Chicago Title Co
Kitajewski Ludomir -- Fidelity National Title Co
Kitajewski Ludomir -- Fidelity National Title Co
Kitajewski Ludomir -- --
Kitajewski Ludomir -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raposo Carlos $588,000
Previous Owner Raposo Carlos $617,500
Previous Owner Raposo Carlos $18,000
Previous Owner Raposo Carlos $716,250
Previous Owner Ludomir Kitajewski Living Trust $244,000
Previous Owner Kitajewski Ludomir $257,000
Previous Owner Kitajewski Ludomir $259,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $1,320,000 +1.7% $391 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $1,298,000 -- $385 / 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 $20,898 $1,625,472 $812,736 $812,736
2023 $20,898 $1,562,354 $781,177 $781,177
2022 $19,519 $1,531,720 $765,860 $765,860
2021 $19,298 $1,501,688 $750,844 $750,844
2020 $19,017 $1,486,292 $743,146 $743,146
2019 $18,833 $1,457,150 $728,575 $728,575
2018 $18,200 $1,428,580 $714,290 $714,290
2017 $17,654 $1,400,570 $700,285 $700,285
2016 $17,258 $1,373,108 $686,554 $686,554
2015 $16,606 $1,352,484 $676,242 $676,242
2014 $16,263 $1,325,992 $662,996 $662,996
Source: Public Records

Agents Affiliated with this Home

  • Suheil Sahouria

    Seller's Agent in 2013

    Suheil Sahouria

    Bruce H. Bean, Broker

    (650) 212-1188

    9 Total Sales

    Suheil Sahouria
    Section Image

  • R

    Buyer's Agent in 2013

    Richard Domich

    Richard D. Domich, Broker

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Map

Source: MLSListings

MLS Number: ML81316942

MLSListings

APN: 060-282-490

California San Mateo County Menlo Park 94025 North Fair Oaks

181 Loyola Ave, Menlo Park, CA

This home is located at 181 Loyola Ave, Menlo Park, CA 94025 since 16 May 2013 and is currently estimated at $2,649,780, approximately $785 per square foot. This property was built in 1977. 181 Loyola Ave is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

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