316 Laurel Ave Menlo Park, CA 94025
The Willows NeighborhoodEstimated Value: $2,964,000 - $3,353,209
3
Beds
2
Baths
1,955
Sq Ft
$1,582/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Granite Countertops
- Laurel Elementary School Rated A
- Main Floor Bedroom
- Neighborhood Views
About This Home
As of December 20223 bed, 2 bath dwelling brimming with curb appeal & offering a separate unit above the garage with kitchen & full bath. Exceptionally deep lot & prime location on tree-lined drive in sought after Willows neighborhood. Fluid floorplan with charming design elements -- hardwood floors, traditional moldings & fresh white cabinetry. Abundant paned glass windows framing natural garden views. Well-appointed kitchen with stainless appliances & granite counters. Formal dining room. Generously proportioned living room with cozy fireplace. Main level bedroom & bath. Spacious & sunny primary bedroom, second bedroom, home office or nursery & bath upstairs, all overlooking the lush gardens below. Laundry room, basement & 2-car garage. Studio apartment above garage with kitchen & full bath is ideal for visiting guests, home office, gym or potential rental possibilities (buyer to verify). Easy access to Hwy 101, Facebook/Meta campus, Downtown Menlo Park, Palo Alto & Stanford. Top Menlo Park schools.
Last Agent to Sell the Property
Billy McNair
Compass License #01343603 Listed on: 09/19/2022
Last Buyer's Agent
Kyle Sant
Compass License #01960103
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,410
Year Built
- Built in 1953
Lot Details
- 7,841 Sq Ft Lot
- Fenced
- Level Lot
- Sprinkler System
- Back Yard
- Zoning described as R10008
Parking
- 2 Car Detached Garage
- Guest Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,955 Sq Ft Home
- 2-Story Property
- Formal Entry
- Living Room with Fireplace
- Formal Dining Room
- Den
- Neighborhood Views
- Unfinished Basement
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Shed
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 062-353-070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2022
Closed on
Nov 17, 2022
Sold by
Karunamurthy Vijay G and Karunamurthy Julia
Bought by
Shen Warren Z and Shen Nicholas
Seller's Agent
Billy McNair
Compass
Buyer's Agent
Kyle Sant
Compass
List Price
$2,895,000
Sold Price
$2,740,000
Premium/Discount to List
-$155,000
-5.35%
Total Days on Market
35
Views
10
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
$353,552
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,918,000
Outstanding Balance
$1,847,912
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$1,245,640
Purchase Details
Listed on
Jun 2, 2017
Closed on
Jun 26, 2017
Sold by
Hunter Barbara
Bought by
Karunamurthy Vijay and Stiglitz Julia
Seller's Agent
Mandy Montoya
Compass
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,405,000
Premium/Discount to List
$410,000
20.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,803,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 20, 2017
Sold by
Hunter Barbara
Bought by
Hunter Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 21, 1995
Sold by
Hunter Barbara L
Bought by
Hunter Barbara
Similar Homes in Menlo Park, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shen Warren Z | $2,740,000 | Lawyers Title | |
| Karunamurthy Vijay | $2,405,000 | Lawyers Title Company | |
| Hunter Barbara | -- | Lawyers Title Company | |
| Hunter Barbara | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shen Warren Z | $1,918,000 | |
| Previous Owner | Karunamurthy Vijay | $1,803,750 | |
| Previous Owner | Hunter Barbara | $1,196,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2022 12/02/22 | Sold | $2,740,000 | +0.6% | $1,402 / Sq Ft |
| 10/25/2022 10/25/22 | Pending | -- | -- | -- |
| 10/24/2022 10/24/22 | Price Changed | $2,725,000 | -5.9% | $1,394 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $2,895,000 | +20.4% | $1,481 / Sq Ft |
| 07/11/2017 07/11/17 | Sold | $2,405,000 | +20.6% | $1,513 / Sq Ft |
| 06/08/2017 06/08/17 | Pending | -- | -- | -- |
| 06/02/2017 06/02/17 | For Sale | $1,995,000 | -- | $1,255 / 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 | $33,410 | $2,740,000 | $2,640,000 | $100,000 |
| 2022 | $30,804 | $2,578,642 | $2,363,131 | $215,511 |
| 2021 | $30,162 | $2,528,082 | $2,316,796 | $211,286 |
| 2020 | $29,994 | $2,502,161 | $2,293,041 | $209,120 |
| 2019 | $29,584 | $2,453,100 | $2,248,080 | $205,020 |
| 2018 | $28,851 | $2,405,000 | $2,204,000 | $201,000 |
| 2017 | $2,237 | $99,658 | $29,964 | $69,694 |
| 2016 | $2,159 | $97,705 | $29,377 | $68,328 |
| 2015 | $2,090 | $96,238 | $28,936 | $67,302 |
| 2014 | $1,994 | $94,354 | $28,370 | $65,984 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Billy McNair
Compass
(650) 862-3266
10 in this area
133 Total Sales
-
Buyer's Agent in 2022
Kyle Sant
Compass
(650) 741-5953
2 in this area
18 Total Sales
-
Seller's Agent in 2017
Mandy Montoya
Compass
(650) 250-4517
47 Total Sales
-
Seller Co-Listing Agent in 2017
Monica Corman
Compass
(650) 543-1164
39 Total Sales
Map
Source: MLSListings
MLS Number: ML81907758
APN: 062-353-070
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