NOT LISTED FOR SALE

480 Santa Margarita Ave Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $3,695,000 - $3,981,000

5 Beds
3 Baths
2,620 Sq Ft
$1,483/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $2,820,000 $1,076 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $23,799/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Open to Family Room
  • Laurel Elementary School Rated A
  • Stone Countertops
  • 5-minute walk to Willow Oaks Park

About This Home

As of October 2017

Centrally located on a quiet cul-de-sac, this spacious home enjoys an open floor plan & is surrounded by lush landscaping. Enter from the welcoming front porch into a formal living room/dining room combo with gas fireplace and glass door to the back patio. The centrally located kitchen has been elegantly remodeled with the latest materials: stainless steel appliances, quartzite counters, glass tile backsplash and stained cabinets. Entertaining is easy in the large family room w/casual dining, picture windows framing views of the beautiful back garden & sliding glass doors that lead to a paver patio. Relax & unwind in the second floor master suite w/attached lounge area, large walk-in closet & separate office. Two master suites & three updated bathrooms provide for a flexible floor plan. Top rated Menlo Park schools, wonderful sense of community, bright open interiors, recessed lighting, dual zone heating, dual pane windows & attached two car garage complete this move-in condition home.

Last Agent to Sell the Property

Omar M. Kinaan

Golden Gate Sotheby's International Realty License #01723115 Listed on: 09/18/2017

Golden Gate Sotheby's International Realty

Co-Listed By

Penelope Huang Grp

Golden Gate Sotheby's International Realty License #70010097

Last Buyer's Agent

Anthony Christen

Coldwell Banker Realty License #01326401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,161

Year Built

  • Built in 1952

Lot Details

  • 6,299 Sq Ft Lot
  • Level Lot
  • Zoning described as R10008

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Family or Dining Combination
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 062-284-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,161

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 2620
  • Incorporated: Yes
  • Year Built: 1952
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log, Living Room
  • Dining Room: Breakfast Bar, Dining "L", Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Refrigerator
  • Living Sq Ft: 2620
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, In Garage, Washer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas, Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-284-040
  • Lot Acres: 0.1446
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6300.00

Multi Family

  • Utilities: Public Utilities

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
Sep 18, 2017
Closed on
Oct 9, 2017
Sold by
Wertzler John Delano and Bradley Gail Maureen
Bought by
Munoz Priscilla
Seller's Agent
Omar M. Kinaan
Golden Gate Sotheby's International Realty
Buyer's Agent
Anthony Christen
Coldwell Banker Realty
List Price
$2,445,000
Sold Price
$2,820,000
Premium/Discount to List
$375,000
15.34%
Current Estimated Value
$3,885,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,584
Avg. Annual Appreciation
4.14%
Original Mortgage
$2,020,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Wertzler John D and Bradley Gail M
Bought by
Wertzler John Delano and Bradley Gail Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Wertzler John D and Bradley Gail M
Bought by
Wertzler John Delano and Bradley Gail Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.62%

Purchase Details

Closed on
Oct 28, 1998
Sold by
Wertzler John D and Bradley Gail M
Bought by
Wertzler John D and Bradley Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.62%

Purchase Details

Closed on
Nov 2, 1997
Sold by
Wertzler John D and Bradley Gail M
Bought by
Wertzler John Delano and Bradley Gail Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
7.25%
Mortgage Type
Unknown
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
Munoz Priscilla $2,820,000 Chicago Title Company
Wertzler John Delano -- First American Title Company
Wertzler John D -- First American Title Company
Wertzler John Delano -- --
Wertzler John D -- North American Title Insuran
Wertzler John Delano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Priscilla $1,915,000
Closed Munoz Priscilla $1,961,000
Closed Munoz Priscilla $2,020,000
Previous Owner Wertzler John Delano $985,000
Previous Owner Wertzler John Delano $1,440,000
Previous Owner Wertzler John Delano $493,000
Previous Owner Wertzler John Delano $250,000
Previous Owner Wertzler John Delano $100,000
Previous Owner Wertzler John D $500,000
Previous Owner Wertzler John Delano $416,000
Previous Owner Wertzler John Delano $417,000
Previous Owner Wertzler John Delano $393,000
Previous Owner Wertzler John Delano $250,000
Previous Owner Wertzler John Delarp $40,000
Previous Owner Wertzler John D $370,000
Previous Owner Wertzler John D $366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $2,820,000 +15.3% $1,076 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $2,445,000 -- $933 / 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 $37,161 $3,208,672 $2,246,072 $962,600
2023 $37,161 $3,084,077 $2,158,855 $925,222
2022 $35,486 $3,023,606 $2,116,525 $907,081
2021 $34,781 $2,964,321 $2,075,025 $889,296
2020 $34,599 $2,933,927 $2,053,749 $880,178
2019 $34,130 $2,876,400 $2,013,480 $862,920
2018 $33,299 $2,820,000 $1,974,000 $846,000
2017 $10,177 $717,018 $358,509 $358,509
2016 $9,788 $702,960 $351,480 $351,480
2015 $9,575 $692,402 $346,201 $346,201
2014 $9,365 $678,840 $339,420 $339,420
Source: Public Records

Agents Affiliated with this Home

  • Omar M. Kinaan

    Seller's Agent in 2017

    Omar M. Kinaan

    Golden Gate Sotheby's International Realty

    (650) 776-2828

    84 Total Sales

    Omar M. Kinaan
    Section Image

  • P

    Seller Co-Listing Agent in 2017

    Penelope Huang Grp

    Golden Gate Sotheby's International Realty

  • A

    Buyer's Agent in 2017

    Anthony Christen

    Coldwell Banker Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81678289

MLSListings

APN: 062-284-040

California San Mateo County Menlo Park 94025 Menlo Oaks

480 Santa Margarita Ave, Menlo Park, CA

This home is located at 480 Santa Margarita Ave, Menlo Park, CA 94025 since 18 September 2017 and is currently estimated at $3,885,584, approximately $1,483 per square foot. This property was built in 1952. 480 Santa Margarita Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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