NOT LISTED FOR SALE

427 8th Ave Menlo Park, CA 94025

North Fair Oaks Neighborhood

Estimated Value: $1,303,000 - $1,479,709

2 Beds
1 Bath
780 Sq Ft
$1,785/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $1,100,000 $1,410 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,615/month

About This Home

As of September 2019

SIX MONTH-RENTAL, THEN MONTH-TO-MONTH TBD. Need a short-term rental in a great location with fully fenced yard that allows pets and has washer/dryer in unit? You just found it! This cute, small single family home with 2 BR / 1 BA has one bedroom on main level and one bedroom upstairs. Large kitchen with dining area. Washer/dryer on back porch. Fully fenced back yard with concrete patio. Located in charming North Fair Oaks neighborhood of Menlo Park, conveniently located near Marsh Manor shopping center with easy access to Hwy 101 and major employers incl Facebook, Amazon, Box. Lease term: 6 months guaranteed, then month-to-month TBD. Owner will be building a new house on the lot soon.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Shah Nirav and Shah Asha
Bought by
Shah Nirav and Shah Asha
Current Estimated Value
$1,392,177

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 23, 2019
Sold by
Fouse Penny D and Fouse James D
Bought by
Shah Nirav and Shah Asha
Seller's Agent
Mary Gilles
Compass
Buyer's Agent
Tamara Pulsts
Compass
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$726,525
Outstanding Balance
$644,506
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$747,671

Purchase Details

Closed on
May 20, 2004
Sold by
Fouse Penny Dee and Penny Dee Fouse Trust
Bought by
Fouse Penny D and Fouse James D

Purchase Details

Closed on
May 13, 2002
Sold by
Montoro John A and Montoro Guy Philip
Bought by
Fouse Penny Dee

Purchase Details

Closed on
Mar 12, 1997
Sold by
Montoro John A and Montoro Rosaria M
Bought by
Montoro John A and Montoro Rosaria M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Shah Nirav -- None Available
Shah Nirav $1,100,000 Lawyers Title Company
Fouse Penny D -- None Available
Fouse Penny Dee -- --
Montoro John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Family Revocable Trust $250,000
Open Shah Nirav $726,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Rented $3,000 +7.1% --
05/04/2021 05/04/21 Price Changed $2,800 -6.7% $4 / Sq Ft
03/19/2021 03/19/21 For Rent $3,000 0.0% --
05/01/2020 05/01/20 Rented $3,000 0.0% --
04/14/2020 04/14/20 Under Contract -- -- --
04/06/2020 04/06/20 For Rent $3,000 0.0% --
11/08/2019 11/08/19 Rented $3,000 +5.3% --
11/01/2019 11/01/19 For Rent $2,850 0.0% --
09/13/2019 09/13/19 Sold $1,100,000 -8.3% $1,410 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $1,199,000 -- $1,537 / Sq Ft

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
2023 $14,728 $1,156,293 $1,082,712 $73,581
2022 $13,777 $1,133,622 $1,061,483 $72,139
2021 $13,627 $1,111,395 $1,040,670 $70,725
2020 $13,434 $1,100,000 $1,030,000 $70,000
2019 $2,015 $51,655 $19,780 $31,875
2018 $1,895 $50,643 $19,393 $31,250
2017 $1,701 $49,651 $19,013 $30,638
2016 $1,586 $48,679 $18,641 $30,038
2015 $1,527 $47,948 $18,361 $29,587
2014 $1,487 $47,010 $18,002 $29,008
Source: Public Records

Agents Affiliated with this Home

  • Tamara Pulsts

    Seller's Agent in 2021

    Tamara Pulsts

    Compass

    (650) 847-0432

    1 in this area

    31 Total Sales

    Tamara Pulsts
    Section Image
  • Mary Gilles

    Seller's Agent in 2019

    Mary Gilles

    Compass

    (650) 814-0858

    2 in this area

    22 Total Sales

    Section Image
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Map

California San Mateo County Menlo Park 94025 North Fair Oaks

427 8th Ave, Menlo Park, CA

This home is located at 427 8th Ave, Menlo Park, CA 94025 and is currently estimated at $1,392,177, approximately $1,784 per square foot. 427 8th Ave is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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