NOT LISTED FOR SALE

247 Santa Margarita Ave Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $2,842,000 - $3,869,944

3 Beds
1 Bath
1,080 Sq Ft
$3,224/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $1,755,000 $1,625 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $21,379/month

46 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Walk-in Shower
  • Laurel Elementary School Rated A
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of January 2016

Situated on a large, level 'South of Seminary' lot, along a quiet, tree-lined street, this 3 bedroom/1 bath, 1,080sf home offers a wealth of opportunity: move in as-is, repair & upgrade to suit your personal needs, or, build anew! Remodeled kitchen, hardwood floors, fireplace, beautiful treed yard & a very convenient location, with quick access to award-winning Menlo Park schools, the downtown areas of Palo Alto and Menlo Park, Stanford, Facebook, the 101 commute corridor, and the rest of Silicon Valley!!

Last Agent to Sell the Property

Ron Kucera

Compass License #01374273 Listed on: 11/09/2015

Last Buyer's Agent

Dante Drummond

Compass License #00656636

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,795

Year Built

  • Built in 1948

Lot Details

  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R10008

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Enclosed Patio or Porch
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 062-271-400

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,795

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1080
  • Year Built: 1948
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Garbage Disposal, Microwave, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1080
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Porch - Enclosed, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • High School: Menlo-Atherton High
  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-271-400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7095.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7095.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Merz Nicholas and Crews Kathryn
Bought by
Merz Nicholas and Crews Kathryn
Current Estimated Value
$3,481,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,814,000
Outstanding Balance
$1,615,689
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,033,319

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 13, 2016
Sold by
Sanders Sandra
Bought by
Merz Nicholas and Crews Kathryn
Seller's Agent
Ron Kucera
Compass
Buyer's Agent
Dante Drummond
Compass
List Price
$1,750,000
Sold Price
$1,755,000
Premium/Discount to List
$5,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$1,255,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Rucker Sandra
Bought by
Sanders Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,337
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Merz Nicholas -- None Available
Merz Nicholas $1,755,000 Chicago Title Company
Sanders Sandra -- Orange Coast Title Of Los An
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merz Nicholas $1,814,000
Closed Merz Nicholas $1,000,000
Closed Merz Nicholas $1,255,000
Previous Owner Sanders Sandra $471,300
Previous Owner Sanders Sandra $441,337
Previous Owner Sanders Ruby L $90,000
Previous Owner Sanders Ruby L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $1,755,000 +0.3% $1,625 / Sq Ft
12/25/2015 12/25/15 Pending -- -- --
12/23/2015 12/23/15 For Sale $1,750,000 0.0% $1,620 / Sq Ft
12/23/2015 12/23/15 Price Changed $1,750,000 +11.1% $1,620 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $1,575,000 -- $1,458 / 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 $34,795 $2,972,417 $1,675,071 $1,297,346
2023 $34,795 $2,856,996 $1,610,027 $1,246,969
2022 $33,223 $2,800,977 $1,578,458 $1,222,519
2021 $32,548 $2,746,057 $1,547,508 $1,198,549
2020 $32,373 $2,717,901 $1,531,641 $1,186,260
2019 $31,230 $2,601,609 $1,501,609 $1,100,000
2018 $20,785 $1,672,166 $1,472,166 $200,000
2017 $22,123 $1,790,100 $1,443,300 $346,800
2016 $2,900 $78,251 $31,052 $47,199
2015 $2,810 $77,077 $30,586 $46,491
2014 $2,698 $75,568 $29,987 $45,581
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ron Kucera

    Compass

  • D

    Buyer's Agent in 2016

    Dante Drummond

    Compass

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Map

Source: MLSListings

MLS Number: ML81521592

MLSListings

APN: 062-271-400

California San Mateo County Menlo Park 94025 Menlo Oaks

247 Santa Margarita Ave, Menlo Park, CA

This home is located at 247 Santa Margarita Ave, Menlo Park, CA 94025 since 09 November 2015 and is currently estimated at $3,481,986, approximately $3,224 per square foot. This property was built in 1948. 247 Santa Margarita Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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