NOT LISTED FOR SALE

459 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,891,000 - $3,596,000

3 Beds
2 Baths
1,240 Sq Ft
$2,548/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $2,000,000 $1,613 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $18,880/month

15 Days on Market

Highlights

  • Wood Flooring
  • Marble Bathroom Countertops
  • Stone Countertops
  • Oak Knoll Elementary School Rated A
  • High Ceiling
  • 4-minute walk to Nealon Park

About This Home

As of September 2016

Located at the entrance pillars of sought-after Allied Arts, this home has been beautifully remodeled for contemporary downtown living. The open concept design combines living and dining rooms and a gourmet kitchen in an uninterrupted space with French doors to an enclosed garden terrace for outdoor living. Richly hued bamboo floors, remodeled kitchen, stainless steel appliances with Viking range & refrigerator, updated bathrooms, vaulted ceiling, plantation shutters, and perfectly selected lighting combine for an ambiance of sophisticated modern living. Attached 1-car garage with laundry area; central A/C. Located one-half block to Nealon Park, 6 blocks to Santa Cruz Avenue and the the bike bridge to Stanford University just around the corner, plus venture capital and tech centers in close proximity. Top-Rated Menlo Park schools. This is an excellent opportunity for Silicon Valley living!

Last Agent to Sell the Property

Hadar Guibara

Christie's International Real Estate Sereno License #01881561 Listed on: 08/01/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Leslie Woods

Christie's International Real Estate Sereno License #01855901

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,696

Year Built

  • Built in 1940

Lot Details

  • 5,184 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Zoning described as R10008

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Dining Area
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 071-401-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,696

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1240
  • Year Built: 1940
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Stone, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1240
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Marble, Shower and Tub, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-401-020
  • Lot Acres: 0.1190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5200.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Mcniven Sean A and Mcniven Rebecca L S
Bought by
Mcniven Sean A and Mcniven Rebecca L S
Current Estimated Value
$3,159,738

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 31, 2016
Sold by
Mcdearman Eric R and Mcdearman Erin B
Bought by
Mcniven Sean A and Mcniven Rebecca
Seller's Agent
Hadar Guibara
Christie's International Real Estate Sereno
Buyer's Agent
Leslie Woods
Christie's International Real Estate Sereno
List Price
$1,998,000
Sold Price
$2,000,000
Premium/Discount to List
$2,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$1,499,000
Outstanding Balance
$1,223,173
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,936,565

Purchase Details

Listed on
Apr 22, 2012
Closed on
May 23, 2012
Sold by
Nguyen Suzanne and Heuberger Paul
Bought by
Mcdearman Eric R and Mcdearman Erin B
Seller's Agent
Charlene Cogan
Golden Gate Sotheby's International Realty
Buyer's Agent
Margaret Duffy
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$1,125,000
Premium/Discount to List
$125,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2009
Sold by
Nguyen Suzanne
Bought by
Nguyen Suzanne and Heuberger Paul

Purchase Details

Closed on
May 13, 2004
Sold by
Farbizio Stephen and Farbizio Annamaria
Bought by
Nguyen Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcniven Sean A -- None Available
Mcniven Sean A $2,000,000 Chicago Title Company
Mcdearman Eric R $1,125,000 North American Title Co Inc
Nguyen Suzanne -- None Available
Nguyen Suzanne $779,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcniven Sean A $1,499,000
Previous Owner Mcdearman Eric R $500,000
Previous Owner Nguyen Suzanne $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2016 09/09/16 Sold $2,000,000 +0.1% $1,613 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,998,000 +77.6% $1,611 / Sq Ft
05/30/2012 05/30/12 Sold $1,125,000 +12.5% $907 / Sq Ft View Prior Sale
05/03/2012 05/03/12 Pending -- -- --
04/22/2012 04/22/12 For Sale $1,000,000 -- $806 / 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 $27,696 $2,321,168 $1,160,584 $1,160,584
2023 $27,696 $2,231,036 $1,115,518 $1,115,518
2022 $26,487 $2,187,292 $1,093,646 $1,093,646
2021 $25,903 $2,144,404 $1,072,202 $1,072,202
2020 $25,749 $2,122,416 $1,061,208 $1,061,208
2019 $25,391 $2,080,800 $1,040,400 $1,040,400
2018 $24,756 $2,040,000 $1,020,000 $1,020,000
2017 $24,372 $2,000,000 $1,000,000 $1,000,000
2016 $15,195 $1,193,668 $949,630 $244,038
2015 $15,022 $1,175,739 $935,366 $240,373
2014 $14,735 $1,152,709 $917,044 $235,665
Source: Public Records

Agents Affiliated with this Home

  • Hadar Guibara

    Seller's Agent in 2016

    Hadar Guibara

    Sereno Group

    (650) 740-6295

    2 in this area

    26 Total Sales

    Hadar Guibara
    Section Image
  • Leslie Woods

    Buyer's Agent in 2016

    Leslie Woods

    Sereno Group

    (650) 796-9580

    4 in this area

    68 Total Sales

    Leslie Woods
    Section Image

  • C

    Seller's Agent in 2012

    Charlene Cogan

    Golden Gate Sotheby's International Realty

    Section Image
  • Margaret Duffy

    Buyer's Agent in 2012

    Margaret Duffy

    Coldwell Banker Realty

    (650) 676-0294

    16 Total Sales

    Margaret Duffy
    Section Image
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Map

Source: MLSListings

MLS Number: ML81597849

MLSListings

APN: 071-401-020

California San Mateo County Menlo Park 94025 Downtown Menlo Park

459 University Dr, Menlo Park, CA

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