2059 Palo Alto Way Menlo Park, CA 94025
Central Menlo Park Neighborhood
4
Beds
2.5
Baths
2,513
Sq Ft
5,227
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Family Room with Fireplace
- Marble Flooring
- Las Lomitas Elementary School Rated A+
- Vaulted Ceiling
- Traditional Architecture
About This Home
As of November 2023Stunning two story home in prime location. Formal entry, elegant living room with fireplace, separate dining room, gourmet eat-in kitchen with granite countertops, stainless appliances opens to spacious family room, 4 spacious bedrooms, exquisite master suite with vaulted ceilings, walk-in closet, landscaped backyard with outdoor fireplace.
Last Agent to Sell the Property
Keri Nicholas
Coldwell Banker License #01198898 Listed on: 09/23/2013
Last Buyer's Agent
Loren Dakin
Coldwell Banker License #01030193
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,591
Year Built
- Built in 2007
Lot Details
- Fenced
- Level Lot
- Sprinklers on Timer
- Zoning described as R1
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,513 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- Gas Log Fireplace
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Utility Room
- Gas Dryer Hookup
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Barbecue Area
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Sewer Within 50 Feet
Listing and Financial Details
- Assessor Parcel Number 074-104-290
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
74
Views
95
Current Estimated Value
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
Similar Homes in Menlo Park, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,500,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,475,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,001,000 | First American Title Company | |
| Grant Deed | $901,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,500,000 | New Conventional | |
| Previous Owner | $1,116,000 | New Conventional | |
| Previous Owner | $1,150,000 | New Conventional | |
| Previous Owner | $1,200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $729,750 | Unknown | |
| Previous Owner | $0 | Credit Line Revolving | |
| Previous Owner | $729,750 | Unknown | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $1,378,642 | Construction |
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
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
-
Tina Hurng
T
Buyer's Agent in 2023
Tina Hurng
Compass
(408) 892-8811
2 in this area
61 Total Sales
-
Buyer's Agent in 2014
Loren Dakin
Coldwell Banker
(650) 714-8662
6 in this area
97 Total Sales
Map
Source: MLSListings
MLS Number: ML81335165
APN: 074-104-290
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