NOT LISTED FOR SALE

Estimated Value: $846,121 - $1,002,000

1 Bed
1 Bath
786 Sq Ft
$653/mo HOA Fee

Last Sold May 30, 2023

Last sale price $885,000 $1,126 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,411/month

16 Days on Market

Highlights

  • Quartz Countertops
  • Walk-In Closet
  • Secured Garage or Parking
  • Encinal Elementary School Rated A
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Welcome to an elegantly updated one bed, one bath condo located in the heart of Menlo Park. This updated unit is perfect for anyone looking for a peaceful retreat in a prime location. Upon entering you'll be greeted by an inviting living space with plenty of natural light and gorgeous fireplace. The open floor plan seamlessly connects the living room, dining area and kitchen. The bedroom is spacious with a large window and a true walk-in closet. A private balcony provides a peaceful outdoor space to relax and unwind. Additional amenities include a pool and spa area, parking, and extra storage. A short distance from Burgess Park, Stanford University as well as Downtown Menlo Park and Palo Alto, this condo offers easy access to some of the best shopping, dining, and entertainment options in the area. Plus the nearby Caltrain station provides transportation to SF and Silicon Valley. Don't miss this opportunity to own a gorgeous condo in one of the most desirable Peninsula neighborhoods.

Last Agent to Sell the Property

Lori Buecheler

Compass License #01859485 Listed on: 04/21/2023

Compass

Last Buyer's Agent

Tracy Thomas

RE/MAX Gold of Fairfield License #02073313

RE/MAX Gold of Fairfield

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 1.86

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Area
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, fencing, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis
  • Park Lane Condominium Association

Listing and Financial Details

  • Assessor Parcel Number 114-010-120

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

HOA Fees

$653 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 786
  • Year Built: 1965
  • Zoning Description: R30000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Countertop - Tile, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 786
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Walk-in Closet
  • Laundry: Inside
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Common Parking Area, Covered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 653
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis
  • H O A Name Text: Park Lane Condominium Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Parcel Number: 114-010-120

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Encinal Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 9, 2023
Sold by
Biondi/Alasti Revocable Trust
Bought by
Cruz Maria Carmel B and Cruz Mark Angelo
Seller's Agent
Lori Buecheler
Compass
Buyer's Agent
Tracy Thomas
RE/MAX Gold of Fairfield
List Price
$898,000
Sold Price
$885,000
Premium/Discount to List
-$13,000
-1.45%
Views
119
Current Estimated Value
$903,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,030
Avg. Annual Appreciation
0.76%
Original Mortgage
$840,750
Outstanding Balance
$815,116
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$87,914

Purchase Details

Closed on
May 28, 2012
Sold by
Alasti Ali and Ghaffari Faezeh Molla
Bought by
Alasti Ali and Ghaffari Faezeh Molla

Purchase Details

Closed on
Oct 29, 2005
Sold by
Alasti Ali
Bought by
Alasti Ali and Ghaffari Faezeh Molla

Purchase Details

Closed on
Sep 30, 1999
Sold by
Alasti Nazila and Alasti Ali
Bought by
Alasti Nazila and Alasti Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
Biondi Biondo L
Bought by
Alasti Nazila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Menlo Oaks Llc
Bought by
Alasti Nazila and Alasti Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruz Maria Carmel B $885,000 Chicago Title Company
Alasti Ali -- None Available
Alasti Ali -- --
Alasti Nazila -- North American Title Co
Alasti Nazila -- North American Title Insuran
Alasti Nazila $349,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Maria Carmel B $840,750
Previous Owner Alasti Nazila $280,000
Previous Owner Alasti Nazila $279,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $885,000 -1.4% $1,126 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $898,000 -- $1,142 / Sq Ft
Source: MLSListings

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 $12,708 $920,753 $276,226 $644,527
2023 $12,708 $525,867 $157,754 $368,113
2022 $8,342 $515,557 $154,661 $360,896
2021 $8,009 $505,449 $151,629 $353,820
2020 $7,916 $500,268 $150,075 $350,193
2019 $7,786 $490,460 $147,133 $343,327
2018 $7,564 $480,845 $144,249 $336,596
2017 $7,406 $471,418 $141,421 $329,997
2016 $7,072 $462,176 $138,649 $323,527
2015 $6,956 $455,235 $136,567 $318,668
2014 $6,784 $446,318 $133,892 $312,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81925618

MLSListings

APN: 114-010-120