NOT LISTED FOR SALE

348 Concord Dr Menlo Park, CA 94025

The Willows Neighborhood

Estimated Value: $3,026,000 - $3,230,000

3 Beds
2 Baths
1,590 Sq Ft
$1,977/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $2,555,000 $1,607 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,834/month

6 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Wine Refrigerator
  • Laurel Elementary School Rated A
  • Marble Countertops
  • Den

About This Home

As of February 2021

Beautifully updated throughout, this home's casual elegance begins with the newly renovated front yard and exterior designer palette that highlights the home's signature octagon window. Inside, gleaming hardwood floors, refined crown moldings, plantation shutters in some rooms, and designer glass doorknobs carry on the casual elegance theme. The remodeled gourmet kitchen is finished with new honed marble counters and high-end appliances. There are 3 bedrooms, one with integrated custom office space, plus 2 baths, including the primary suite. Both baths include operable skylights and updated finishes. The home's open floor plan easily connects to the rear yard with its newly planted lawn, low-maintenance gardens, and lots of patio space. This home is ideally located in the desirable Willows neighborhood within minutes of Facebook headquarters, downtown Palo Alto and Menlo Park, and Burgess Community Center, as well as highly acclaimed Menlo Park schools.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 01/11/2021

Compass

Co-Listed By

Jennifer Bitter

Compass License #01847627

Last Buyer's Agent

Judy Decker

Compass License #01199563

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,515

Year Built

  • 1948

Lot Details

  • 5,502 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • Formal Entry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Skyline Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,515

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10008
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1590
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Marble, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1590
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Flooring: Tile, Wood
  • Additional Rooms: Den / Study / Office, Formal Entry, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Skylight

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio, Bbq Area, Fenced, Low Maintenance, Sprinklers - Auto

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window

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

  • Lot Description: Grade - Level
  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Feb 5, 2021
Sold by
Rauen James R and Rauen Tracey M
Bought by
Ratchev Borislav A and Gonzalez Ratchev Leticia
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Judy Decker
Compass
List Price
$2,450,000
Sold Price
$2,555,000
Premium/Discount to List
$105,000
4.29%
Current Estimated Value
$3,142,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,853
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,550,000
Outstanding Balance
$1,390,291
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,697,786

Purchase Details

Listed on
Jan 10, 2014
Closed on
Jan 28, 2014
Sold by
Strandberg John B and Stranderg Lucinda C
Bought by
Rauen James R and Rauen Tracey M
Seller's Agent
Nancy Hobson
Compass
Buyer's Agent
Tom LeMieux
Coldwell Banker
List Price
$1,639,000
Sold Price
$1,760,000
Premium/Discount to List
$121,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,408,000
Interest Rate
3.15%
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
Ratchev Borislav A $2,555,000 Lawyers Title Company
Rauen James R $1,760,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratchev Borislav A $1,550,000
Previous Owner Rauen James R $1,408,000
Previous Owner Strandberg John B $220,000
Previous Owner Strandberg John B $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $2,555,000 +4.3% $1,607 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $2,450,000 +39.2% $1,541 / Sq Ft
02/06/2014 02/06/14 Sold $1,760,000 +7.4% $1,107 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $1,639,000 -- $1,031 / 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 $32,515 $2,765,612 $2,163,781 $601,831
2023 $32,515 $2,658,221 $2,079,759 $578,462
2022 $31,037 $2,606,100 $2,038,980 $567,120
2021 $24,346 $1,993,206 $1,313,705 $679,501
2020 $24,197 $1,972,769 $1,300,235 $672,534
2019 $23,860 $1,934,089 $1,274,741 $659,348
2018 $23,259 $1,896,167 $1,249,747 $646,420
2017 $22,894 $1,858,989 $1,225,243 $633,746
2016 $22,257 $1,822,539 $1,201,219 $621,320
2015 $22,038 $1,795,164 $1,183,176 $611,988
2014 $2,869 $97,164 $29,987 $67,177
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom LeMieux

    Compass

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Bitter

    Compass

    Section Image
  • Judy Decker

    Buyer's Agent in 2021

    Judy Decker

    Compass

    (650) 799-4294

    1 in this area

    14 Total Sales

    Judy Decker
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Robertson

  • N

    Seller's Agent in 2014

    Nancy Hobson

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81825300

MLSListings

APN: 062-334-290

California San Mateo County Menlo Park 94025 The Willows

348 Concord Dr, Menlo Park, CA

This home is located at 348 Concord Dr, Menlo Park, CA 94025 since 11 January 2021 and is currently estimated at $3,142,853, approximately $1,976 per square foot. This property was built in 1948. 348 Concord Dr 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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