NOT LISTED FOR SALE

320 Santa Margarita Ave Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $4,370,000 - $5,021,000

6 Beds
3 Baths
3,680 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $4,550,000 $1,236 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $27,825/month

12 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Formal Dining Room
  • Laurel Elementary School Rated A
  • Stone Countertops
  • <<doubleOvenToken>>

About This Home

As of June 2024

Located on a quiet street in the highly desirable South of Seminary neighborhood between Vintage Oaks and the Willows. This 3,680 +/- sq ft home is located within easy walking distance of two neighborhood parks. The house is surrounded by a beautiful 14,600 sq ft park-like garden with mature Oak and Magnolia trees creating a peaceful and private environment. Hardwood floors throughout. Elegant kitchen with custom cabinetry and a central island. The house features six spacious bedrooms and three full bathrooms. There is a generous primary bedroom with en-suite bathroom, walk-in closet and french doors leading to the backyard. The garage has built-in custom cabinets and storage. There is network/TV wiring throughout the house and a dedicated 40 amp 220v EV electric car charging connection at the front of the house.The backyard is the highlight of the property featuring generous lawn and patio areas with a large pool and hot tub. There is a separate poolhouse (with mini-kitchen and bathroom/shower). The backyard also has a built-in BBQ area and arbor. Excellent Menlo Park schools.

Last Agent to Sell the Property

Teresa Budzich

Compass License #00844929 Listed on: 05/31/2024

Compass

Last Buyer's Agent

Michael Hall

Compass License #01133676

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,502

Year Built

  • Built in 1941

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Zoning described as R10008

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • <<doubleOvenToken>>
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Cover
  • Spa Cover
  • Pool Sweep

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 062-282-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,502

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 83
  • Listing Class: Residential
  • Structure Sq Ft: 3680
  • Year Built: 1941
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Oven - Double, Refrigerator
  • Living Sq Ft: 3680
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Cover, Pool - In Ground, Pool - Sweep, Spa - Cover
  • Roof: Composition, Shingle
  • Pool: Yes
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 062-282-020
  • Lot Acres: 0.3352
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 15, 2024
Sold by
Nisbet Family Trust and Nisbet James D
Bought by
Sharp Family Trust and Sharp
Seller's Agent
Teresa Budzich
Compass
Buyer's Agent
Michael Hall
Compass
List Price
$4,398,000
Sold Price
$4,550,000
Premium/Discount to List
$152,000
3.46%
Views
19
Current Estimated Value
$4,790,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,343
Avg. Annual Appreciation
5.02%
Original Mortgage
$850,000
Outstanding Balance
$811,715
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$3,978,628

Purchase Details

Closed on
Dec 30, 1998
Sold by
Nisbet James D and Nisbet Stephanie P
Bought by
Nisbet James D and Nisbet Stephanie P

Purchase Details

Closed on
Mar 31, 1995
Sold by
Zier Timothy J and Jordan Nancy M
Bought by
Nisbet James D and Nisbet Stephanie P

Purchase Details

Closed on
Jun 10, 1994
Sold by
Zier Timothy J and Jordan Nancy M
Bought by
Zier Timothy J and Jordan Nancy M
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
Sharp Family Trust $4,550,000 Chicago Title Company
Nisbet James D -- --
Nisbet James D $523,000 Old Republic Title Company
Zier Timothy J -- --
Zier Timothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Family Trust $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $4,550,000 +3.5% $1,236 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $4,398,000 -- $1,195 / 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 $15,502 $4,733,820 $3,173,220 $1,560,600
2023 $15,502 $1,129,049 $422,039 $707,010
2022 $14,755 $1,106,914 $413,764 $693,150
2021 $14,333 $1,085,212 $405,651 $679,561
2020 $14,218 $1,074,087 $401,492 $672,595
2019 $14,007 $1,053,028 $393,620 $659,408
2018 $13,639 $1,032,383 $385,902 $646,481
2017 $13,402 $1,012,143 $378,336 $633,807
2016 $12,949 $992,300 $370,918 $621,382
2015 $12,793 $977,397 $365,347 $612,050
2014 $12,537 $958,253 $358,191 $600,062
Source: Public Records

Agents Affiliated with this Home

  • Teresa Budzich

    Seller's Agent in 2024

    Teresa Budzich

    Compass

    (650) 704-8775

    1 in this area

    8 Total Sales

    Teresa Budzich
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Hall

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81967893

MLSListings

APN: 062-282-020

California San Mateo County Menlo Park 94025 Menlo Oaks

320 Santa Margarita Ave, Menlo Park, CA

This home is located at 320 Santa Margarita Ave, Menlo Park, CA 94025 since 31 May 2024 and is currently estimated at $4,790,343, approximately $1,301 per square foot. This property was built in 1941. 320 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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