NOT LISTED FOR SALE

481 Vine St Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $6,009,000 - $7,243,000

3 Beds
1 Bath
1,740 Sq Ft
$3,831/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $2,600,000 $1,494 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $40,157/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Dining Room
  • Las Lomitas Elementary School Rated A+
  • Forced Air Heating and Cooling System
  • Separate Family Room

About This Home

As of November 2019

Rustic and charming 3 bed/2 bath home on one of the best streets in the County area of Menlo Park. Las Lomitas Schools

Last Agent to Sell the Property

Monica Corman

Compass License #01111473 Listed on: 11/20/2019

Compass

Last Buyer's Agent

Ruchi Goel

Compass License #02058607

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • 8,002 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1740
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: No Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1740
  • Stories: 1
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
My Quintas Llc
Bought by
Rohani Farzan and Neyney Neda Zare
Current Estimated Value
$6,666,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,738,000
Outstanding Balance
$3,556,907
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$3,109,879

Purchase Details

Closed on
May 13, 2022
Sold by
Suri and Barkha
Bought by
My Quintas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,738,000
Outstanding Balance
$3,556,907
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$3,109,879

Purchase Details

Listed on
Nov 20, 2019
Closed on
Nov 12, 2019
Sold by
Martin Russel A and Martin Lesley M
Bought by
Suri Anuj and Gill Barkha
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Ruchi Goel
Compass
List Price
$26,000,002
Sold Price
$2,600,000
Premium/Discount to List
-$23,400,002
-90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%
Original Mortgage
$1,890,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
Martin Russel A and Martin Lesley M
Bought by
Martin Russel A and Martin Lesley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Martin Russel Allyn and Manheim Martin Lesley
Bought by
Martin Russel A and Martin Lesley M

Purchase Details

Closed on
Apr 1, 1997
Sold by
Allyn Martin Russel and Lesle Manheim Martin
Bought by
Martin Russel Allyn and Martin Lesley Manheim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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
Rohani Farzan $6,738,000 Lawyers Title
My Quintas Llc -- Lawyers Title
Suri Anuj $2,600,000 Lawyers Title Company
Martin Russel A -- --
Martin Russel A -- Fidelity National Title Co
Martin Russel A -- --
Martin Russel Allyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rohani Farzan $3,738,000
Previous Owner Suri Anuj $1,890,000
Previous Owner Martin Russel A $186,000
Previous Owner Martin Russel Allyn $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $2,600,000 -90.0% $1,494 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $26,000,002 -- $14,943 / Sq Ft
Source: MLSListings

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 $57,328 $5,293,000 $2,646,500 $2,646,500
2023 $57,328 $5,475,000 $2,738,000 $2,737,000
2022 $35,018 $3,041,137 $2,432,137 $609,000
2021 $30,560 $2,626,935 $2,384,449 $242,486
2020 $29,884 $2,600,000 $2,360,000 $240,000
2019 $8,738 $635,773 $299,993 $335,780
2018 $8,335 $623,308 $294,111 $329,197
2017 $8,050 $611,088 $288,345 $322,743
2016 $7,954 $599,107 $282,692 $316,415
2015 $7,775 $590,109 $278,446 $311,663
2014 $7,653 $578,550 $272,992 $305,558
Source: Public Records

Agents Affiliated with this Home

  • Monica Corman

    Seller's Agent in 2019

    Monica Corman

    Compass

    (650) 543-1164

    4 in this area

    32 Total Sales

    Monica Corman
    Section Image

  • R

    Buyer's Agent in 2019

    Ruchi Goel

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81775979

MLSListings

APN: 074-094-020

California San Mateo County Menlo Park 94025 Central Menlo Park

481 Vine St, Menlo Park, CA

Not Listed for Sale

Detached

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