NOT LISTED FOR SALE

Estimated Value: $1,234,000 - $2,086,000

3 Beds
2 Baths
1,400 Sq Ft
$1,168/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2023

Last sale price $1,090,800 $779 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,285 / mo

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Woodside High School Rated A
  • 1-Story Property

About This Home

As of March 2023

This charming duplex located in Menlo Park, California is the perfect investment opportunity. It boasts two units, each with its own unique layout and character. The front unit is a 1 bed 1 bath (500 sq ft), back unit is a 2 bed 1 bath (900 sq ft). Potential for garage conversion would accommodate a substantial ADU, with plenty of room left on the lot. While the property is in need of some cosmetic updates, it offers endless potential for those who are looking to add their own personal touch. Rental income estimates for the area support strong, reliable demand from tenants with thousands of nearby jobs. Upgrades during ownership include: windows, water heaters, roof / gutters and sewer lateral. With a convenient location close to shopping, dining, and major transportation hubs, this duplex is sure to be a hit with both renters and buyers alike. Close proximity to both downtown Menlo Park and Redwood City - equidistant. Come and see the endless possibilities this property has to offer!

Last Agent to Sell the Property

Alexander Nichols

eXp Realty of California Inc License #02020807 Listed on: 02/09/2023

eXp Realty of California Inc

Last Buyer's Agent

Alexander Nichols

eXp Realty of California Inc License #02020807 Listed on: 02/09/2023

eXp Realty of California Inc

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 6,386

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,386 Sq Ft Lot
  • Wall Furnace

Community Details

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

6,386 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 1400
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1466
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6384.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6384.00

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Public Utilities
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 23, 2023
Sold by
Bought by
Seller's Agent
Alexander Nichols
eXp Realty of California Inc
Buyer's Agent
Alexander Nichols
eXp Realty of California Inc
List Price
$998,000
Sold Price
$1,090,800
Premium/Discount to List
$92,800
9.3%
Views
78
Current Estimated Value
$1,634,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,179
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Dec 13, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Bought by

Purchase Details

Closed on
May 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,091,000 Chicago Title Company
-- --
-- Lawyers Title Sd
-- Lawyers Title
-- None Available
-- Fidelity National Title
-- --
$450,000 Fidelity National Title Co
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $463,200
Previous Owner $468,000
Previous Owner $331,000
Previous Owner $405,000
Previous Owner $405,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $1,090,800 +9.3% $779 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $998,000 -- $713 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,592 $1,135,076 $832,320 $302,756
2023 $15,592 $638,950 $454,368 $184,582
2022 $9,769 $626,422 $445,459 $180,963
2021 $9,643 $614,140 $436,725 $177,415
2020 $9,493 $607,843 $432,247 $175,596
2019 $9,344 $595,925 $423,772 $172,153
2018 $8,962 $584,241 $415,463 $168,778
2017 $8,516 $572,786 $407,317 $165,469
2016 $8,246 $561,556 $399,331 $162,225
2015 $7,933 $553,122 $393,333 $159,789
2014 $7,757 $542,288 $385,629 $156,659
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81918362

MLSListings

APN: 060-094-020

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