NOT LISTED FOR SALE

3 Heritage Place Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $2,127,000 - $3,900,000

3 Beds
3 Baths
1,870 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $1,550,000 $829 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $17,002/month

20 Days on Market

Highlights

  • Breakfast Room
  • Eat-In Kitchen
  • Separate Family Room
  • Laurel Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of September 2016

This sophisticated 3 bedroom, 3 bathroom single-family home in Menlo Park is offers 1,870 sq. ft. of living space over 3 floors. The home features lots of upgrades; 2 balconies; air conditioning; a washer and dryer; a backyard patio with a serene view; and an attached garage with side-by-side parking for 2 cars. 3 Heritage Place belongs to the highly-rated Menlo Park City School District; both Laurel Elementary and Hillview Middle School scored 10 out of 10 on Zillow. For commuters, the location has easy access to highways to San Francisco or downtown Palo Alto and you are just 10 minutes from the Facebook campus.

Last Agent to Sell the Property

Jessie Lee

Compass SF License #01852582 Listed on: 08/16/2016

Last Buyer's Agent

Brian Ng

Century 21 Real Estate Alliance Inc License #01348634

Century 21 Real Estate Alliance Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,110

Year Built

  • Built in 2008

Lot Details

  • 1,742 Sq Ft Lot
  • Zoning described as zone

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,870 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Breakfast Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • 996 Willow Owners Association

Listing and Financial Details

  • Assessor Parcel Number 062-550-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,110

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 8
  • Listing Class: Residential
  • Structure Sq Ft: 1870
  • Year Built: 2008
  • Zoning Description: zone
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Room, Dining Area, Dining Bar, Eat in Kitchen
  • Living Sq Ft: 1870
  • Stories: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 134
  • H O A Name Text: 996 Willow Owners Association
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Parcel Number: 062-550-030
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1764.18
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1764.18

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 19, 2016
Sold by
2 Bees Llc
Bought by
Mitra Ratul and Totade Manasi
Seller's Agent
Jessie Lee
Compass SF
Buyer's Agent
Brian Ng
Century 21 Real Estate Alliance Inc
List Price
$1,499,000
Sold Price
$1,550,000
Premium/Discount to List
$51,000
3.4%
Current Estimated Value
$2,782,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,087
Avg. Annual Appreciation
6.49%
Original Mortgage
$1,162,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Cheng Toobe
Bought by
2 Bees Llc

Purchase Details

Closed on
Feb 20, 2015
Sold by
Cheng Alan
Bought by
Cheng Toobe

Purchase Details

Closed on
Apr 24, 2008
Sold by
Clarum 996 Willow Lp
Bought by
Cheng Alan and Cheng Toobe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.03%
Mortgage Type
New Conventional
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
Mitra Ratul $1,550,000 First American Title Company
2 Bees Llc -- None Available
Cheng Toobe -- None Available
Cheng Alan $795,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Totade Manasi $1,071,450
Closed Mitra Ratul $1,162,500
Previous Owner Cheng Alan $563,000
Previous Owner Cheng Alan $573,800
Previous Owner Cheng Alan $593,000
Previous Owner Cheng Alan $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $1,550,000 +3.4% $829 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $1,499,000 -- $802 / 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 $22,110 $1,798,904 $899,452 $899,452
2023 $22,110 $1,729,052 $864,526 $864,526
2022 $21,083 $1,695,150 $847,575 $847,575
2021 $20,574 $1,661,912 $830,956 $830,956
2020 $20,438 $1,644,872 $822,436 $822,436
2019 $20,148 $1,612,620 $806,310 $806,310
2018 $19,638 $1,581,000 $790,500 $790,500
2017 $19,324 $1,550,000 $775,000 $775,000
2016 $11,592 $866,870 $433,435 $433,435
2015 $11,367 $853,850 $426,925 $426,925
2014 $11,131 $837,126 $418,563 $418,563
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jessie Lee

    Compass SF

  • B

    Buyer's Agent in 2016

    Brian Ng

    Century 21 Real Estate Alliance Inc

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Map

Source: MLSListings

MLS Number: ML81600188

MLSListings

APN: 062-550-030

California San Mateo County Menlo Park 94025 Menlo Oaks

3 Heritage Place, Menlo Park, CA

This home is located at 3 Heritage Place, Menlo Park, CA 94025 since 16 August 2016 and is currently estimated at $2,782,087, approximately $1,487 per square foot. This property was built in 2008. 3 Heritage Place 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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