NOT LISTED FOR SALE

Estimated Value: $7,560,000 - $8,027,000

6 Beds
5 Baths
4,274 Sq Ft
$1,839/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $6,350,000 $1,486 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $47,497/month

66 Days on Market

Highlights

  • Wine Cellar
  • Recreation Room
  • Wood Flooring
  • Oak Knoll Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • 4-minute walk to Jack W. Lyle Park

About This Home

As of February 2021

This stunning home, built in 2014, makes a commanding first impression on a premier cul-de-sac street in the heart of central Menlo Park. The East Coast-style exterior and interior design are classic and timeless with hardwood floors, crown moldings, custom cabinetry, and perfectly selected stone finishes. Six bedrooms are arranged over three levels for the utmost in privacy and optimal work-from-home options, plus there is a built-in learning center upstairs with a workstation for two. The lower level offers two flexible-use areas for recreation, fitness, media, or additional office needs, plus there is a wine cellar and private terrace with spa. Located on almost one-quarter acre, the home has a wonderfully private rear yard with built-in barbecue center and covered patio, plus this home is just one block from Lyle Park. Adding the finishing touch is the home's access to acclaimed Menlo Park schools, including Oak Knoll Elementary and Hillview Middle.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 11/18/2020

Compass

Co-Listed By

Jennifer Bitter

Compass License #01847627

Last Buyer's Agent

Terri Kerwin

Kerwin & Associates License #01181550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,316

Year Built

  • 2014

Lot Details

  • 10,620 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,274 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Gas Log Fireplace
  • Mud Room
  • Wine Cellar
  • Formal Dining Room
  • Den
  • Recreation Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,316

Year Built

2014

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4274
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Double, Oven - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4274
  • Stories: 3
  • Security: Security Alarm
  • Bedrooms: Walk-In Closet
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Wood
  • Additional Rooms: Den / Study / Office, Laundry Room, Mud Room, Office Area, Recreation Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Sprinklers - Auto
  • Fencing: Fenced, Wood
  • Pool: Spa / Hot Tub

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2438
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10620.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10620.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 11, 2021
Sold by
Markoulis Carri and Carri Markoulis Survivors Trus
Bought by
Lipcon Todd and Sithanant Prathana
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Terri Kerwin
Kerwin & Associates
List Price
$6,695,000
Sold Price
$6,350,000
Premium/Discount to List
-$345,000
-5.15%
Current Estimated Value
$7,859,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,235
Avg. Annual Appreciation
4.67%
Original Mortgage
$3,000,000
Outstanding Balance
$2,680,847
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$5,178,388

Purchase Details

Closed on
Jul 17, 2014
Sold by
Markoulis Carri L
Bought by
Steve & Carri Markoulis Family Trust

Purchase Details

Listed on
Mar 27, 2014
Closed on
Apr 16, 2014
Sold by
Bk Development Corporation
Bought by
Markoulis Carri L
Seller's Agent
Nathalie de Saint Andrieu
Compass
Buyer's Agent
Tom LeMieux
Coldwell Banker
List Price
$4,985,000
Sold Price
$4,985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%

Purchase Details

Listed on
Jul 23, 2012
Closed on
Sep 11, 2012
Sold by
Weiner Jeffrey and Derouaux Lisette
Bought by
Bk Development Corporation
Seller's Agent
Ken Deleon
Deleon Realty
Buyer's Agent
Nathalie de Saint Andrieu
Coldwell Banker Realty
List Price
$1,798,000
Sold Price
$2,000,000
Premium/Discount to List
$202,000
11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.97%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Adibi Afshin and Mir Nita
Bought by
Weiner Jeffrey and Derouaux Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2006
Sold by
Adibi Afshin and Adibi Nita
Bought by
Adibi Afshin and Mir Nita

Purchase Details

Closed on
Aug 15, 2005
Sold by
Rohan Dennis and Rohan Theres
Bought by
Adibi Afshin and Adibi Nita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,337,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 25, 2003
Sold by
Rohan Dennis and Rohan Theres
Bought by
Rohan Dennis and Rohan Theres
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
Lipcon Todd $6,350,000 Lawyers Title Company
Steve & Carri Markoulis Family Trust -- None Available
Markoulis Carri L $4,985,000 Old Republic Title Company
Bk Development Corporation $2,000,000 Old Republic Title Company
Weiner Jeffrey $1,975,000 Old Republic Title Company
Adibi Afshin -- None Available
Adibi Afshin $1,910,000 First American Title Co
Rohan Dennis -- --
Rohan Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipcon Todd $3,000,000
Previous Owner Weiner Jeffrey $197,500
Previous Owner Weiner Jeffrey $1,185,000
Previous Owner Adibi Afshin $1,337,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2021 02/23/21 Sold $6,350,000 -0.7% $1,486 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $6,395,000 -4.5% $1,496 / Sq Ft
11/18/2020 11/18/20 For Sale $6,695,000 +34.3% $1,566 / Sq Ft
04/22/2014 04/22/14 Sold $4,985,000 0.0% $1,166 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $4,985,000 +149.3% $1,166 / Sq Ft
09/14/2012 09/14/12 Sold $2,000,000 +11.2% $1,143 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $1,798,000 -- $1,027 / 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 $76,316 $6,873,443 $4,167,363 $2,706,080
2023 $76,316 $6,606,540 $4,005,540 $2,601,000
2022 $72,964 $6,477,000 $3,927,000 $2,550,000
2021 $64,070 $5,645,550 $2,822,775 $2,822,775
2020 $63,790 $5,587,662 $2,793,831 $2,793,831
2019 $62,951 $5,478,100 $2,739,050 $2,739,050
2018 $61,451 $5,370,688 $2,685,344 $2,685,344
2017 $60,601 $5,265,382 $2,632,691 $2,632,691
2016 $59,226 $5,162,140 $2,581,070 $2,581,070
2015 $58,759 $5,084,600 $2,542,300 $2,542,300
2014 $24,456 $2,009,080 $1,707,718 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81820686

MLSListings

APN: 071-370-130