NOT LISTED FOR SALE

50 Cornell Rd Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $4,467,933 - $6,313,000

4 Beds
3.5 Baths
2,350 Sq Ft
$2,276/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $3,600,000 $1,532 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $31,484/month

14 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Wood Flooring
  • Open to Family Room
  • Oak Knoll Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of March 2016

New construction on one of the sweetest streets in Allied Arts. Santa Barbara Modern architecture with a masterfully conceived floor plan that really works for easy living and elegant entertaining. Flexible spaces flow throughout the house. Hardwood floors, cove moldings, clean lines and modern finishes in a warm comfortable setting. This is a very special home in a top location.

Last Agent to Sell the Property

Mara McCain

Compass License #01077121 Listed on: 02/22/2016

Compass

Last Buyer's Agent

Nicole Aron

Compass License #00952657

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 5,706 Sq Ft Lot
  • Zoning described as R10008

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Wood Flooring
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071-434-320

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

5,706 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2350
  • Construction: New Construction
  • Year Built: 2016
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2350
  • Stories: 2
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 071-434-320
  • Lot Acres: 0.1310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5692.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5692.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 7, 2016
Sold by
Arzang Development Lp
Bought by
The Board Of Trustees Of The Leland Stan
Seller's Agent
Mara McCain
Compass
Buyer's Agent
Nicole Aron
Compass
List Price
$3,499,000
Sold Price
$3,600,000
Premium/Discount to List
$101,000
2.89%
Current Estimated Value
$5,349,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,749,483
Avg. Annual Appreciation
4.06%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Apr 10, 2014
Sold by
Ward Douglas A
Bought by
Arzang Developement Lp
Seller's Agent
Margo Kelly
Christie's International Real Estate Sereno
Buyer's Agent
Mara McCain
Compass
List Price
$1,395,000
Sold Price
$1,885,000
Premium/Discount to List
$490,000
35.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.59%

Purchase Details

Closed on
Mar 24, 2004
Sold by
Ward Douglas A
Bought by
Ward Douglas A

Purchase Details

Closed on
Jul 3, 2003
Sold by
Ward Ginger F and Ward Douglas A
Bought by
Ward Douglas A and Ward Ginger F

Purchase Details

Closed on
Sep 4, 1996
Sold by
William Grant Ellis
Bought by
Ward Ginger F and Ward Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
2.82%
Source: Public Records
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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
The Board Of Trustees Of The Leland Stan $3,600,000 Lawyers Title Company
Arzang Developement Lp $1,885,000 First American Title Company
Ward Douglas A -- --
Ward Douglas A -- --
Ward Ginger F $495,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Ginger F $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2016 03/23/16 Sold $3,600,000 +2.9% $1,532 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $3,499,000 +85.6% $1,489 / Sq Ft
04/16/2014 04/16/14 Sold $1,885,000 +35.1% $1,396 / Sq Ft View Prior Sale
04/02/2014 04/02/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $1,395,000 -- $1,033 / 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 $48,105 $4,236,134 $2,118,067 $2,118,067
2023 $48,105 $4,071,642 $2,035,821 $2,035,821
2022 $45,961 $3,991,806 $1,995,903 $1,995,903
2021 $45,113 $3,913,536 $1,956,768 $1,956,768
2020 $44,897 $3,873,408 $1,936,704 $1,936,704
2019 $44,298 $3,797,460 $1,898,730 $1,898,730
2018 $43,233 $3,723,000 $1,861,500 $1,861,500
2017 $42,942 $3,672,000 $1,836,000 $1,836,000
2016 $26,661 $2,224,996 $1,864,996 $360,000
2015 $23,405 $1,922,661 $1,836,983 $85,678
2014 $9,115 $657,656 $328,828 $328,828
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mara McCain

    Compass

    Section Image

  • N

    Buyer's Agent in 2016

    Nicole Aron

    Compass

    Section Image
  • Margo Kelly

    Seller's Agent in 2014

    Margo Kelly

    Sereno Group

    (650) 224-4075

    Margo Kelly
    Section Image

  • M

    Buyer's Agent in 2014

    Marlene Cutler

See All Agents

Map

Source: MLSListings

MLS Number: ML81561670

MLSListings

APN: 071-434-320

California San Mateo County Menlo Park 94025 Downtown Menlo Park

50 Cornell Rd, Menlo Park, CA

Not Listed for Sale

Detached

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