NOT LISTED FOR SALE

373 6th Ave Menlo Park, CA 94025

North Fair Oaks Neighborhood

Estimated Value: $2,564,890 - $3,158,000

8 Beds
8 Baths
6,570 Sq Ft
$436/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $2,400,000 $365 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $17,823/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Coin Laundry
  • Security Fence
  • Woodside High School Rated A
  • Washer and Dryer

About This Home

As of January 2018

Modenn 4-plex built in 2002. Four spacious 2-bed/2-bath units that are more than 1400 sq ft per unit and include parking. Units include very large kit. w/gas stove, dishwasher, tile counters & floors, hardwood floors, high ceilings, walk-in closet & large deck. Gated driveway & secure entry.

Last Agent to Sell the Property

Kevin Birmingham

Park North Real Estate License #01250523 Listed on: 10/27/2017

Last Buyer's Agent

Lauren Schultze

Park North Real Estate License #01946817

Property Details

Home Type

  • Multi-Family

Year Built

  • 2002

Lot Details

  • 5,998 Sq Ft Lot
  • Security Fence

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,570 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $123,168

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gross Income $123,168

Property Details

Home Type

Multi-Family

Year Built

2002

Lot Details

0

Listing Details

  • Zoning: R300S3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 6570
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2002

Interior Features

  • Living Sq Ft: 6570
  • Stories: 2
  • Security: Security Fence
  • Laundry: Coin Operated, Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 17.82
  • Number Of Leased: 4

Multi Family

  • Utilities: Natural Gas
  • Income Annual Gross: 123168.00
  • Income Annual Rental: 123168
  • Income Gross Scheduled: 123168
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2024
Sold by
Luo Yansheng and Cheng Xining
Bought by
Luo And Cheng Family Trust and Luo
Current Estimated Value
$2,861,963

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 20, 2017
Sold by
Finley Robert H
Bought by
Lu Hong and Zhu Yong Liang
Seller's Agent
Kevin Birmingham
Park North Real Estate
Buyer's Agent
Lauren Schultze
Park North Real Estate
List Price
$2,195,000
Sold Price
$2,400,000
Premium/Discount to List
$205,000
9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$1,440,000
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 18, 2014
Closed on
Oct 16, 2014
Sold by
Ismail Abdel H and Ismail Mimi H
Bought by
Finley Robert H and Robert Finley Revocable Trust
Seller's Agent
Amner Ismail
Orion Investments
Buyer's Agent
Tanya Dzhibrailova
Corcoran Global Living
List Price
$1,800,000
Sold Price
$1,650,000
Premium/Discount to List
-$150,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$915,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2008
Sold by
Ismail Abdel and Ismail Mimi
Bought by
Ismail Abdel H and Ismail Mimi H

Purchase Details

Closed on
Mar 21, 2006
Sold by
Ismail Abdel H and Ismail Mimi H
Bought by
Ismail Abdel and Ismail Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Ismail Abdel H and Ismail Mimi H
Bought by
Ismail Abdel H and Ismail Mimi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
5.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 26, 2002
Sold by
Taylor Terry W and Taylor Maria R
Bought by
Ismail Abdel H and Ismail Mimi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.03%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Taylor Terry W and Taylor Maria R
Bought by
Taylor Terry W and Taylor Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luo And Cheng Family Trust -- None Listed On Document
Luo And Cheng Family Trust -- None Listed On Document
Lu Hong $2,400,000 Old Republic Title Co
Finley Robert H $1,650,000 Fidelity Natl Title Ins Co
Ismail Abdel H -- Accommodation
Ismail Abdel -- Stewart Title Of Ca Inc
Ismail Abdel H -- Stewart Title Of California
Ismail Abdel H $400,000 Stewart Title Of California
Taylor Terry W -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Hong $1,440,000
Previous Owner Finley Robert H $915,000
Previous Owner Ismail Abdel $600,000
Previous Owner Ismail Abdel H $617,500
Previous Owner Ismail Abdel H $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2018 01/04/18 Sold $2,400,000 +9.3% $365 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $2,195,000 +33.0% $334 / Sq Ft
10/21/2014 10/21/14 Sold $1,650,000 -8.3% $251 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $1,800,000 -- $274 / 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 $36,060 $2,730,785 $1,137,827 $1,592,958
2023 $36,060 $2,624,747 $1,093,645 $1,531,102
2022 $33,651 $2,573,282 $1,072,201 $1,501,081
2021 $33,260 $2,522,827 $1,051,178 $1,471,649
2020 $32,769 $2,496,960 $1,040,400 $1,456,560
2019 $32,421 $2,448,000 $1,020,000 $1,428,000
2018 $24,100 $1,742,836 $871,418 $871,418
2017 $23,141 $1,708,664 $854,332 $854,332
2016 $22,544 $1,675,162 $837,581 $837,581
2015 $21,688 $1,650,000 $825,000 $825,000
2014 $14,693 $1,016,070 $472,590 $543,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kevin Birmingham

    Park North Real Estate

  • L

    Buyer's Agent in 2018

    Lauren Schultze

    Park North Real Estate

  • A

    Seller's Agent in 2014

    Amner Ismail

    Orion Investments

    (650) 245-2245

    1 Total Sale

    Amner Ismail
    Section Image

  • T

    Buyer's Agent in 2014

    Tanya Dzhibrailova

    Corcoran Global Living

See All Agents

Map

Source: MLSListings

MLS Number: ML81683138

MLSListings

APN: 060-091-070

California San Mateo County Menlo Park 94025 North Fair Oaks

373 6th Ave, Menlo Park, CA

Not Listed for Sale

MultiFamily

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