NOT LISTED FOR SALE

425 Concord Dr Menlo Park, CA 94025

The Willows Neighborhood

Estimated Value: $2,938,000 - $3,409,600

2 Beds
1.5 Baths
1,460 Sq Ft
$2,220/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $2,100,000 $1,438 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $19,591/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Laurel Elementary School Rated A
  • Balcony
  • Separate Family Room

About This Home

As of October 2017

Willows Charmer! Inviting and delightful, location location.. two bedrooms one and a half bath home situated on a freshly landscaped lovely 6,670 square foot corner lot. Excellent area in the Willows with top rated Menlo Park schools. Freshly painted inside and out with open flowing floorplan and wood burning fireplace. Three generations, charm & character galore!! This home offers 1,460 square feet of living space and has been in the same family since 1961. Walking distance to downtown Palo Alto, and close proximity to Facebook and Stanford University a plus! One not to miss!

Last Agent to Sell the Property

Katy Thielke Straser

Compass License #01308970 Listed on: 10/02/2017

Compass

Last Buyer's Agent

Chris Iverson

Golden Gate Sotheby's International Realty License #01708130

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,669 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Sprinkler System
  • Back Yard
  • Zoning described as R10008

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Laundry in unit

Kitchen

  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 062-341-190

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1460
  • Year Built: 1947
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1460
  • Laundry: Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Partial Fencing, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

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

Schools

  • High School: 658

Lot Info

  • Parcel Number: 062-341-190
  • Lot Acres: 0.1531
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6670.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6670.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 19, 2017
Sold by
Cowan Jeff and Cowan Suzanne
Bought by
Margolin Tomer and Margolin Avigail Gila
Seller's Agent
Katy Thielke Straser
Compass
Buyer's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
List Price
$1,685,000
Sold Price
$2,100,000
Premium/Discount to List
$415,000
24.63%
Current Estimated Value
$3,241,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,900
Avg. Annual Appreciation
5.44%
Original Mortgage
$1,680,000
Outstanding Balance
$1,401,765
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$1,840,135

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 18, 2017
Sold by
Cowan Mike
Bought by
Cowan Suzanne
Seller's Agent
Katy Thielke Straser
Compass
Buyer's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
List Price
$1,685,000
Sold Price
$2,100,000
Premium/Discount to List
$415,000
24.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,401,765
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$1,840,135

Purchase Details

Closed on
Sep 4, 2003
Sold by
Born Nancy C and Cowan Suzanne
Bought by
Cowan Jeff and Cowan Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Quirk Mary D
Bought by
Quirk Mary D and Born Nancy C
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
Margolin Tomer $2,100,000 Fidelity National Title Co
Cowan Suzanne -- Fidelity National Title Co
Cowan Jeff -- Fidelity National Title Co
Cowan Jeff -- Old Republic Title Company
Cowan Suzanne -- --
Born Nancy C -- --
Quirk Mary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolin Tomer $1,680,000
Previous Owner Cowan Jeff $362,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $2,100,000 +24.6% $1,438 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,685,000 -- $1,154 / 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 $31,663 $2,681,599 $2,216,488 $465,111
2023 $31,663 $2,542,472 $2,130,420 $412,052
2022 $29,880 $2,492,621 $2,088,648 $403,973
2021 $26,676 $2,207,473 $2,047,695 $159,778
2020 $26,519 $2,184,839 $2,026,699 $158,140
2019 $26,153 $2,142,000 $1,986,960 $155,040
2018 $25,500 $2,100,000 $1,948,000 $152,000
2017 $6,583 $395,885 $187,967 $207,918
2016 $6,263 $388,125 $184,283 $203,842
2015 $6,149 $382,297 $181,516 $200,781
2014 $5,988 $374,810 $177,961 $196,849
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Katy Thielke Straser

    Compass

    Section Image
  • Chris Iverson

    Buyer's Agent in 2017

    Chris Iverson

    Golden Gate Sotheby's International Realty

    (650) 450-0450

    35 Total Sales

    Chris Iverson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81680009

MLSListings

APN: 062-341-190

California San Mateo County Menlo Park 94025 The Willows

425 Concord Dr, Menlo Park, CA

Not Listed for Sale

Detached

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