NOT LISTED FOR SALE

Estimated Value: $4,419,000 - $4,894,721

3 Beds
3 Baths
2,230 Sq Ft
$2,047/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $4,100,000 $1,839 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $28,302/month

29 Days on Market

Highlights

  • 0.47 Acre Lot
  • 2 Car Detached Garage
  • Separate Family Room
  • Las Lomitas Elementary School Rated A+
  • Eat-In Kitchen

About This Home

As of February 2023

Opportunity for a flat, 20k square foot property in an excellent Menlo Park location; county of San Mateo. Featuring an existing 3 bedroom/3 bathroom home plus a 1bedroom/1 bathroom cottage over a detached 2-car garage. This is a fantastic opportunity for a new home build (up to a 6,800 sq ft home plus an ADU), or for a remodel with significant expansion. Existing home is completely livable and can be rented while you get your plans approved! This is truly a great opportunity for a flat lot!

Last Agent to Sell the Property

Bryan Jacobs

Realsmart Properties License #01129660 Listed on: 01/06/2023

Last Buyer's Agent

Mariana Pappalardo

Compass License #01970137

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,816

Year Built

  • Built in 1930

Lot Details

  • 0.47 Acre Lot
  • Zoning described as R10010

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,230 Sq Ft Home
  • Separate Family Room
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 070-260-210

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,816

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 92
  • Listing Class: Residential
  • Structure Sq Ft: 2230
  • Year Built: 1930
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 2230
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Fireplace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 070-260-210
  • Lot Acres: 0.4737
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20634.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20634.00

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
Jan 6, 2023
Closed on
Feb 7, 2023
Sold by
Karna Trust
Bought by
Dharawat Ravi and Patel Shalu
Seller's Agent
Bryan Jacobs
Realsmart Properties
Buyer's Agent
Mariana Pappalardo
Compass
List Price
$4,350,000
Sold Price
$4,100,000
Premium/Discount to List
-$250,000
-5.75%
Views
45
Current Estimated Value
$4,564,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,180
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Dec 4, 2013
Sold by
Karna Jon C and Karna Esther Coen
Bought by
Karna Jon C and Karna Esther Coen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2013
Sold by
Karna Jon C
Bought by
Karna Jon C and Karna Esther Coen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2012
Sold by
Karna Jon C and Karna Esther Coen
Bought by
Karna Jon C and Karna Esther Coen

Purchase Details

Closed on
Oct 8, 2010
Sold by
Karna Jon C and Karna Esther C
Bought by
Karna Jon C and Karna Esther C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Karna Jon C and Karna Esther C
Bought by
Karna Jon C and Karna Esther C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Karna Jon C and Karna Esther C
Bought by
Karna Jon C and Karna Esther C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.78%
Mortgage Type
Balloon
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
Dharawat Ravi $4,100,000 First American Title
Karna Jon C -- None Available
Karna Jon C -- Old Republic Title Company
Karna Jon C -- None Available
Karna Jon C -- None Available
Karna Jon C -- Old Republic Title Company
Karna Jon C -- Old Republic Title Company
Karna Jon C -- Financial Title Company
Karna Jon C -- Financial Title Company
Karna Jon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharawat Ravi Ramesh $4,100,000
Previous Owner Karna Jon C $800,000
Previous Owner Karna Jon C $785,000
Previous Owner Karna Jon C $820,000
Previous Owner Karna Jon C $250,000
Previous Owner Karna Jon C $160,000
Previous Owner Karna Jon C $618,000
Previous Owner Karna Jon $322,700
Previous Owner Karna Jon C $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $4,100,000 0.0% $1,839 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $4,098,000 -5.8% $1,838 / Sq Ft
01/06/2023 01/06/23 For Sale $4,350,000 -- $1,951 / 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 $47,816 $4,422,620 $4,213,620 $209,000
2023 $47,816 $232,914 $49,450 $183,464
2022 $4,133 $228,348 $48,481 $179,867
2021 $4,069 $223,872 $47,531 $176,341
2020 $3,983 $221,577 $47,044 $174,533
2019 $3,935 $217,233 $46,122 $171,111
2018 $3,765 $212,974 $45,218 $167,756
2017 $3,633 $208,799 $44,332 $164,467
2016 $3,565 $204,706 $43,463 $161,243
2015 $3,465 $201,632 $42,811 $158,821
2014 $3,370 $197,683 $41,973 $155,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81914663

MLSListings

APN: 070-260-210