NOT LISTED FOR SALE

316 Princeton Rd Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,993,718 - $3,404,000

2 Beds
1 Bath
1,000 Sq Ft
$3,168/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $3,150,000 $3,150 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,798/month

6 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Oak Knoll Elementary School Rated A
  • 2 Car Detached Garage
  • Washer and Dryer

About This Home

As of February 2024

In a prime Menlo Park location, this charming home, built in 1930, has been owned and loved by one family for many decades. It is in mostly original condition, waiting to be updated, remodeled, or developed. Set on a quiet, tree-lined street in the Allied Arts neighborhood, it is conveniently located close to Menlo Park shops and restaurants, Stanford, downtown Palo Alto, Caltrain and commute routes. Award-winning Menlo Park schools.

Last Agent to Sell the Property

Monica & Mandy Group

Compass License #70010236 Listed on: 01/04/2024

Co-Listed By

Monica Corman

Compass License #01111473

Last Buyer's Agent

Shawn Ghandchi

KW Santa Clara Valley Inc License #01979089

KW Santa Clara Valley Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1930

Lot Details

  • 7,501 Sq Ft Lot
  • Level Lot
  • Zoning described as R10008

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 071-394-280

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,581

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Year Built: 1930
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-394-280
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 1, 2024
Sold by
Richard Ittner Revocable Trust
Bought by
Moshirabadi Ataollah and Abrar Negin
Seller's Agent
Monica & Mandy Group
Compass
Buyer's Agent
Shawn Ghandchi
KW Santa Clara Valley Inc
List Price
$2,900,000
Sold Price
$3,150,000
Premium/Discount to List
$250,000
8.62%
Views
90
Current Estimated Value
$3,168,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,180
Avg. Annual Appreciation
0.34%
Original Mortgage
$1,755,000
Outstanding Balance
$1,726,887
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$1,441,293

Purchase Details

Closed on
Mar 8, 2004
Sold by
Ittner Richard C
Bought by
Ittner Richard

Purchase Details

Closed on
Jul 27, 2000
Sold by
Ittner Richard
Bought by
Ittner Richard

Purchase Details

Closed on
Sep 29, 1999
Sold by
Ittner Richard
Bought by
Ittner Richard and The Richard Ittner Revocable Trust
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
Moshirabadi Ataollah $3,150,000 Lawyers Title Company
Ittner Richard -- --
Ittner Richard -- --
Ittner Richard -- --
Ittner Richard -- --
Ittner Richard -- --
Ittner Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moshirabadi Ataollah $1,755,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $3,150,000 +8.6% $3,150 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $2,900,000 -- $2,900 / 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 $2,581 $3,213,000 $3,162,000 $51,000
2023 $2,581 $98,447 $55,583 $42,864
2022 $2,435 $96,518 $54,494 $42,024
2021 $2,391 $94,626 $53,426 $41,200
2020 $2,352 $93,657 $52,879 $40,778
2019 $2,288 $91,822 $51,843 $39,979
2018 $2,199 $90,023 $50,827 $39,196
2017 $2,119 $88,259 $49,831 $38,428
2016 $2,043 $86,529 $48,854 $37,675
2015 $1,975 $85,231 $48,121 $37,110
2014 $1,881 $83,563 $47,179 $36,384
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Monica & Mandy Group

    Compass

    (650) 823-8212

    9 in this area

    49 Total Sales

    Monica & Mandy Group
    Section Image
  • Monica Corman

    Seller Co-Listing Agent in 2024

    Monica Corman

    Compass

    (650) 543-1164

    2 in this area

    35 Total Sales

    Monica Corman
    Section Image
  • Shawn Ghandchi

    Buyer's Agent in 2024

    Shawn Ghandchi

    KW Santa Clara Valley Inc

    (408) 800-8837

    1 in this area

    53 Total Sales

    Shawn Ghandchi
    Section Image
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Map

Source: MLSListings

MLS Number: ML81950571

MLSListings

APN: 071-394-280

California San Mateo County Menlo Park 94025 Downtown Menlo Park

316 Princeton Rd, Menlo Park, CA

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