NOT LISTED FOR SALE

2059 Palo Alto Way Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $3,962,366 - $4,806,000

4 Beds
2.5 Baths
2,513 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $3,500,000 $1,393 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $27,179/month

57 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Soaking Tub in Primary Bathroom
  • Las Lomitas Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of November 2023

Beautiful 2 story newer construction in prime location. Formal entry, separate dining room, elegant living room with built-ins and fireplace. Gourmet eat-in-kitchen opens to a spacious family room with a fireplace. Four spacious bedrooms 2 1/2 baths, exquisite primary suite with walk-in closet. Primary bath includes dual sinks, separate shower and stand alone tub. Upstairs laundry room with storage. Lovely mature landscaped backyard. 2 car garage. Award winning Menlo park schools. Amazing Neighborhood.

Last Agent to Sell the Property

Keri Nicholas

Parc Agency Corporation License #01198898 Listed on: 08/21/2023

Last Buyer's Agent

Tina Hurng

Compass License #01139553

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,591

Year Built

  • Built in 2007

Lot Details

  • 5,650 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 074-104-290

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,591

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 2513
  • Year Built: 2007
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2513
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, In Utility Room, Inside, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Parcel Number: 074-104-290
  • Lot Acres: 0.1297
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5650.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5650.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 7, 2023
Sold by
Kenneth L Janson Living Trust and William
Bought by
William And Susan Lee Living Trust and Lee
Seller's Agent
Keri Nicholas
Parc Agency Corporation
Buyer's Agent
Tina Hurng
Compass
List Price
$3,850,000
Sold Price
$3,500,000
Premium/Discount to List
-$350,000
-9.09%
Total Days on Market
57
Views
95
Current Estimated Value
$4,328,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,092
Avg. Annual Appreciation
14.89%
Original Mortgage
$2,500,000
Outstanding Balance
$2,466,767
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$1,861,325

Purchase Details

Closed on
May 27, 2021
Sold by
Webster William T and Webster Carlin J
Bought by
Webster William Thomas and Webster Carlin Janson

Purchase Details

Closed on
Oct 16, 2019
Sold by
Janson Kenneth L
Bought by
Janson Kenneth L and Kenneth L Janson Living Trust

Purchase Details

Closed on
Jun 10, 2019
Sold by
Janson Kenneth L
Bought by
Janson Kenneth L and Janson Living Trust

Purchase Details

Listed on
Sep 23, 2013
Closed on
Jan 3, 2014
Sold by
Marakovic Nino Nikola and Marakovic Allison Mccloskey
Bought by
Webster William T and Webster Carlin J
Seller's Agent
Keri Nicholas
Coldwell Banker
Buyer's Agent
Loren Dakin
Coldwell Banker
List Price
$2,498,000
Sold Price
$2,475,000
Premium/Discount to List
-$23,000
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,150,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Marakovic Nino Nikola and Marakovic Allison Mccloskey
Bought by
Marakovic Nino Nikola and Marakovic Allison Mccloskey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Marakovic Nino Nikola and Marakovic Allison Mccloskey
Bought by
Marakovic Nino Nikola and Marakovic Allison Mccloskey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2007
Sold by
Palo Alto Way Llc
Bought by
Marakovic Nino Nikola and Marakovic Allison Mccloskey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Lewis Roger
Bought by
Palo Alto Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,378,642
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 18, 2003
Sold by
Lewis Phyllis
Bought by
Lewis Phyllis Elaine
Source: Public Records

Similar Homes in Menlo Park, CA

  • 2071 Oakley Ave, Menlo Park, CA 94025

    $3,498,000

    • 4 Beds
    • 3.5 Baths
    • 2,566 Sq Ft
    • 2071 Oakley Ave
    • Menlo Park, CA

    HUGE $500k PRICE IMPROVEMENT for a QUICK SALE ! Nestled in the exclusive West Menlo Park neighborhood, this exceptional, fully remodeled home showcases modern elegance and thoughtful design. The property has undergone a stunning transformation, including a brand-new roof, an enhanced exterior facade. The prof landscaping and new deck further elevate the outdoor living experience. Inside, the home

    Triet Nguyen Tera Real Estate

    Section Image
  • 2018 Sand Hill Rd, Menlo Park, CA 94025

    $5,198,000

    • 5 Beds
    • 4.5 Baths
    • 2,721 Sq Ft
    • 2018 Sand Hill Rd
    • Menlo Park, CA

    Stunning New Construction in Menlo Park, 2721 SqFt Home + 684 SqFt ADU Nestled in one of Menlo Park's most highly sought-after neighborhoods, University Heights, this brand-new, two-story home offers the perfect blend of modern luxury and serene living. Situated on a quiet cul-de-sac. As you step inside, you'll immediately notice the high ceilings and luxurious 10" plank European oak engineered

    Ramin Daraini Ramin Dariani, Broker

    Section Image
  • 2 Perry Ave, Menlo Park, CA 94025

    $3,499,000

    • 3 Beds
    • 2.5 Baths
    • 2,010 Sq Ft
    • 2 Perry Ave
    • Menlo Park, CA

    A charming lifestyle on historic Perry Avenue where summertime impromptu block parties abound. Greeted by a white picket fence, carpet roses, & wisteria-clad arbor, you are welcomed by a dramatic living rm w/19ft ceilings, clearstory windows, & gas fireplace. Sophisticated interior design & high-quality custom finishes are used throughout: hardwd floors, tru-divided light double-paned windows,

    Dulcy Freeman Golden Gate Sotheby's International Realty

    Section Image
  • 2047 Sharon Rd, Menlo Park, CA 94025

    $3,495,000

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 2047 Sharon Rd
    • Menlo Park, CA

    * * * Oversized 11K+ Sqft Lot with Private Entrance! All the Remodeling Work Done with the City Permits! * * * Welcome to this elegantly remodeled gem located in the coveted University Heights neighborhood of prestigious West Menlo Park. You will love its contemporary style and sleek designer finishes. Open floor plan and beautiful living room with abundant sunlights. The stunning gourmet kitchen

    Ying Li Coldwell Banker Realty

    Section Image
  • 1674 Oak Ave, Menlo Park, CA 94025

    $5,298,000

    • 4 Beds
    • 2.5 Baths
    • 2,660 Sq Ft
    • 1674 Oak Ave
    • Menlo Park, CA

    Elegant, remodeled home combines classic design with quality finishes and a thoughtful, flexible floorplan. Unbeatable central West Menlo location conveniently close to schools, downtown Menlo Park & Stanford University! Private courtyard entry leads to a charming front garden. Beautiful large living room w/ fireplace features a wall of sliding glass doors opening to the private, deep backyard.

    Liz Daschbach Compass

    Section Image
  • 2124 Oakley Ave, Menlo Park, CA 94025

    $4,595,000

    • 5 Beds
    • 4 Baths
    • 2,800 Sq Ft
    • 2124 Oakley Ave
    • Menlo Park, CA

    Tucked away in Prime Menlo Park, this exceptional 5bd, 4ba home offers 2,800 sq. ft. of impeccably designed living space on a peaceful 6,000 sq. ft. lot. A grand staircase and soaring ceilings make an unforgettable first impression, setting a refined tone throughout. Blending modern luxury with classic sophistication, the open floor plan features a spacious family room with a warm, inviting

    Katy Thielke Straser Compass

    Section Image
  • 2101 Valparaiso Ave, Menlo Park, CA 94025

    $3,998,000

    • 5 Beds
    • 4.5 Baths
    • 2,797 Sq Ft
    • 2101 Valparaiso Ave
    • Menlo Park, CA

    2021-Built Modern Luxury Priced to Sell at $3,998,000! This stunning 5-bedroom, 4.5-bath home in prime West Menlo Park offers a rare opportunity to own nearly new construction at an incredible value. With an open-concept layout, high-end finishes, and abundant natural light throughout, this residence delivers exceptional style, comfort, and functionality. Step inside to enjoy wide-plank wood

    Brad Verma Compass

    Section Image
  • 2230 Tioga Dr, Menlo Park, CA 94025

    $4,495,000

    • 4 Beds
    • 3 Baths
    • 2,745 Sq Ft
    • 2230 Tioga Dr
    • Menlo Park, CA

    Positioned on a beautifully landscaped corner lot of over one-third acre, this single-level home offers stylish updates, abundant natural light, and expansive outdoor space. Freshly painted interiors feature hardwood floors throughout most rooms, a formal living room with fireplace, plus a formal dining room. The beautifully updated skylit kitchen opens to a spacious family room with casual

    Tom LeMieux Compass

    Section Image
  • 1101 Hobart St, Menlo Park, CA 94025

    $4,798,000

    • 3 Beds
    • 2 Baths
    • 2,401 Sq Ft
    • 1101 Hobart St
    • Menlo Park, CA

    Beautiful 3 Bedroom 2 Bathroom Home in Award Winning Oak Knoll School District. Formal Entry. Elegant Living Room with Custom Fireplace. Formal Dining Room. Chef's Eat-in Kitchen with Center Island, Skylight, and Wine Refrigerator. Separate Family Room with Built-ins. 3 Spacious Bedrooms. 2 Bathrooms. Primary Suite Retreat Features Walk-in Closet, Double Sinks, and Separate Office Area. Interior

    Keri Nicholas Parc Agency Corporation

    Section Image
See All Homes in Menlo Park

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
William And Susan Lee Living Trust $3,500,000 Lawyers Title Company
Webster William Thomas -- None Available
Janson Kenneth L -- None Available
Webster William T -- None Available
Janson Kenneth L -- None Available
Webster William T $2,475,000 First American Title Company
Marakovic Nino Nikola -- Chicago Title Company
Marakovic Nino Nikola -- Chicago Title Company
Marakovic Nino Nikola -- None Available
Marakovic Nino Nikola -- None Available
Marakovic Nino Nikola $2,001,000 First American Title Company
Palo Alto Way Llc $901,000 First American Title Company
Lewis Phyllis Elaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William And Susan Lee Living Trust $2,500,000
Previous Owner Webster William T $1,116,000
Previous Owner Webster William T $1,150,000
Previous Owner Marakovic Nino Nikola $1,200,000
Previous Owner Marakovic Nino Nikola $600,000
Previous Owner Marakovic Nino Nikola $729,750
Previous Owner Marakovic Nino Nikola $0
Previous Owner Marakovic Nino Nikola $729,750
Previous Owner Marakovic Nino Nikola $250,000
Previous Owner Marakovic Nino Nikola $1,000,000
Previous Owner Palo Alto Way Llc $1,378,642
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $3,500,000 -2.7% $1,393 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/09/2023 10/09/23 Price Changed $3,598,000 -5.0% $1,432 / Sq Ft
09/14/2023 09/14/23 Price Changed $3,788,000 -1.6% $1,507 / Sq Ft
08/21/2023 08/21/23 For Sale $3,850,000 +55.6% $1,532 / Sq Ft
01/07/2014 01/07/14 Sold $2,475,000 -0.9% $985 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $2,498,000 0.0% $994 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/28/2013 10/28/13 Price Changed $2,498,000 -2.0% $994 / Sq Ft
09/23/2013 09/23/13 For Sale $2,550,000 -- $1,015 / 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
2023 $34,591 $2,923,776 $1,461,888 $1,461,888
2022 $33,100 $2,866,450 $1,433,225 $1,433,225
2021 $32,581 $2,810,246 $1,405,123 $1,405,123
2020 $31,860 $2,781,432 $1,390,716 $1,390,716
2019 $32,655 $2,719,816 $1,359,908 $1,359,908
2018 $31,088 $2,666,488 $1,333,244 $1,333,244
2017 $30,042 $2,614,204 $1,307,102 $1,307,102
2016 $29,809 $2,562,946 $1,281,473 $1,281,473
2015 $29,232 $2,524,450 $1,262,225 $1,262,225
2014 $25,738 $2,186,962 $1,093,481 $1,093,481
Source: Public Records

Agents Affiliated with this Home

  • Keri Nicholas

    Seller's Agent in 2023

    Keri Nicholas

    Parc Agency Corporation

    (650) 533-7373

    65 in this area

    223 Total Sales

    Keri Nicholas
    Section Image

  • T

    Buyer's Agent in 2023

    Tina Hurng

    Compass

    (408) 892-8811

    2 in this area

    61 Total Sales

    Tina Hurng
    Section Image
  • Loren Dakin

    Buyer's Agent in 2014

    Loren Dakin

    Coldwell Banker

    (650) 714-8662

    6 in this area

    97 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81939271

MLSListings

APN: 074-104-290

California San Mateo County Menlo Park 94025 Central Menlo Park

2059 Palo Alto Way, Menlo Park, CA

This home is located at 2059 Palo Alto Way, Menlo Park, CA 94025 since 21 August 2023 and is currently estimated at $4,328,092, approximately $1,722 per square foot. This property was built in 2007. 2059 Palo Alto Way is a home located in San Mateo County with nearby schools including Las Lomitas Elementary School, La Entrada Middle School, and Menlo-Atherton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes