NOT LISTED FOR SALE

2040 Sharon Rd Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $5,378,000 - $6,136,184

4 Beds
5 Baths
3,689 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $5,350,000 $1,450 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $35,655/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Wood Flooring
  • Las Lomitas Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • Main Floor Bedroom

About This Home

As of September 2023

Brand New Construction by Thomas James Homes set on a generous lot in the heart of West Menlo Park, where opulence meets modern convenience. Just minutes from Stanford and upscale amenities, this architectural marvel showcases 4 bedrooms and 5 baths with ample room for hosting family and friends. Venture inside to discover a magnificent union of the living and dining areas, all anchored by a chef's dream kitchen boasting state-of-the-art appliances, an expansive island, and a spacious walk-in pantry. The first floor attached ADU comes complete with a private entrance, welcoming living space, modern kitchenette, and a tranquil en suite bedroom. A discrete office nook and luxurious bath complement the first floor. Ascend the stairs to a chic loft, two secondary bedrooms each with full en suite baths, and a laundry room tailored for convenience. The grand suite is a haven of relaxation with its spa-like bath featuring dual vanities, an inviting standalone tub, a premium shower, and a walk-in closet designed for the discerning homeowner.

Last Agent to Sell the Property

Brad Verma

Compass License #02033592 Listed on: 08/11/2023

Compass

Last Buyer's Agent

Katy Thielke Straser

Compass License #01308970

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 8,651 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,689 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Loft
  • Storage Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 074-084-120

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 3689
  • Construction: Completed
  • Year Built: 2023
  • Zoning Description: R10006
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 3689
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Upper Floor
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Great Room, Laundry Room, Loft, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1, Showers over Tubs - 2+, Stall Shower, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Central Forced Air, Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Parcel Number: 074-084-120
  • Lot Acres: 0.1986
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8651.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8651.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Las Lomitas Elementary
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Aug 25, 2023
Sold by
Sf21a Llc
Bought by
Nazerzadeh Ermagan Family Trust and Nazerzadeh
Seller's Agent
Brad Verma
Compass
Buyer's Agent
Katy Thielke Straser
Compass
List Price
$5,238,000
Sold Price
$5,350,000
Premium/Discount to List
$112,000
2.14%
Views
72
Current Estimated Value
$5,883,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,684
Avg. Annual Appreciation
3.59%
Original Mortgage
$3,741,500
Outstanding Balance
$3,638,014
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$2,170,782

Purchase Details

Listed on
Nov 15, 2021
Closed on
Oct 29, 2021
Sold by
Fagerhaugh Carolyn Ruth
Bought by
Sf21a Llc
Seller's Agent
Brad Verma
Compass
Buyer's Agent
Brad Verma
Compass
List Price
$2,800,000
Sold Price
$3,200,000
Premium/Discount to List
$400,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.83%

Purchase Details

Closed on
Jul 26, 2016
Sold by
Fagerhaugh Carolyn Ruth
Bought by
Fagerhaugh Carolyn Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,895,000
Interest Rate
3.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 1, 2009
Sold by
Fagerhaugh Jim
Bought by
Fagerhaugh Carolyn Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
5.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 10, 1998
Sold by
Smith Edward Montgomery and Smith Edward M
Bought by
Smith Edward Montgomery and Fagerhaugh Carolyn R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nazerzadeh Ermagan Family Trust $5,365,500 Fidelity National Title Compan
Sf21a Llc $3,200,000 Fidelity National Title Co
Fagerhaugh Carolyn Ruth -- Placer Title Company
Fagerhaugh Carolyn Ruth -- Old Republic Title Company
Fagerhaugh Carolyn Ruth -- Old Republic Title Company
Smith Edward Montgomery -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazerzadeh Ermagan Family Trust $3,741,500
Previous Owner Fagerhaugh Carolyn Ruth $2,895,000
Previous Owner Fagerhaugh Carolyn Ruth $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2023 09/26/23 Sold $5,350,000 +2.1% $1,450 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $5,238,000 +63.7% $1,420 / Sq Ft
11/15/2021 11/15/21 Sold $3,200,000 +14.3% $2,319 / Sq Ft View Prior Sale
11/15/2021 11/15/21 For Sale $2,800,000 -- $2,029 / 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 $60,868 $5,472,810 $2,754,000 $2,718,810
2023 $60,868 $4,684,000 $3,213,000 $1,471,000
2022 $36,458 $3,200,000 $3,150,000 $50,000
2021 $2,495 $115,640 $27,128 $88,512
2020 $2,436 $114,455 $26,850 $87,605
2019 $2,507 $112,212 $26,324 $85,888
2018 $2,393 $110,012 $25,808 $84,204
2017 $2,298 $107,855 $25,302 $82,553
2016 $2,159 $105,741 $24,806 $80,935
2015 $2,080 $104,154 $24,434 $79,720
2014 $1,992 $102,115 $23,956 $78,159
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brad Verma

    Compass

    Section Image

  • K

    Buyer's Agent in 2023

    Katy Thielke Straser

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81936683

MLSListings

APN: 074-084-120

California San Mateo County Menlo Park 94025 Central Menlo Park

2040 Sharon Rd, Menlo Park, CA

Not Listed for Sale

Detached

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