501 Laurel Ave Menlo Park, CA 94025
The Willows NeighborhoodEstimated Value: $4,238,000 - $4,596,807
4
Beds
3
Baths
2,650
Sq Ft
$1,674/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Electric Gate
- Combination Dining and Living Room
- Laurel Elementary School Rated A
- Forced Air Heating System
- 5-minute walk to Willow Oaks Park
About This Home
As of August 2019Brand New Picture-Perfect Contemporary Craftsman. Built by Tom Jackson, the premier Willows Builder for over 20 years. Designed with unmatched quality and impeccable detail, hardwood floors, tall ceilings, oversized windows evoke a sense of light and space. Exquisite materials were hand selected and meticulously assembled for a one of a kind custom look. The spacious floor plan offers a lower level suite, a romantic master and large closets. The designer hardscaping and landscaping front and rear grounds offer plenty of space for play, entertainment, fruit trees and privacy. Side garage access can double as a sports court or room for 4 cars off street parking. Remarkable in its beauty and incredible livability in the sought-after Willows neighborhood with easy access to Downtown Palo Alto, the soon to be built Facebook extension, Parks and the new Sunset Development. The Willows is sure to become the most desirable place to live in all of Menlo Park. East Facing
Last Agent to Sell the Property
Sotheby's Intl Rlty License #01481940 Listed on: 06/01/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,286
Year Built
- Built in 2019
Lot Details
- 6,625 Sq Ft Lot
- Zoning described as R10008
Parking
- 1 Car Detached Garage
- Electric Gate
- Off-Street Parking
Home Design
- Composition Roof
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,650 Sq Ft Home
- 2-Story Property
- Separate Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 062-381-180
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2019
Closed on
Aug 1, 2019
Sold by
Laurel Avenue Partners Lp
Bought by
Alexander Kam Bryce and Ancajas Kam Rubi
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
Hadar Guibara
Christie's International Real Estate Sereno
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%
Total Days on Market
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,702
Avg. Annual Appreciation
1.99%
Original Mortgage
$2,000,000
Outstanding Balance
$1,733,055
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,585,148
Purchase Details
Closed on
Nov 30, 2016
Sold by
Pastre Ernest and Pastre Grace
Bought by
Laurel Avenue Partners Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,792,000
Interest Rate
3.57%
Mortgage Type
Construction
Similar Homes in the area
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alexander Kam Bryce | $3,850,000 | Chicago Title Company | |
| Laurel Avenue Partners Lp | $1,500,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alexander Kam Bryce | $2,000,000 | |
| Previous Owner | Laurel Aveneue Partners Lp | $0 | |
| Previous Owner | Laurel Avenue Partners Lp | $1,792,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2019 08/09/19 | Sold | $3,850,000 | -3.6% | $1,453 / Sq Ft |
| 07/19/2019 07/19/19 | Pending | -- | -- | -- |
| 06/01/2019 06/01/19 | For Sale | $3,995,000 | -- | $1,508 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $49,286 | $4,047,034 | $2,023,517 | $2,023,517 |
| 2022 | $47,058 | $3,967,682 | $1,983,841 | $1,983,841 |
| 2021 | $46,186 | $3,889,886 | $1,944,943 | $1,944,943 |
| 2020 | $45,938 | $3,850,000 | $1,925,000 | $1,925,000 |
| 2019 | $27,399 | $2,148,480 | $1,248,480 | $900,000 |
| 2018 | $17,008 | $1,224,000 | $1,224,000 | $0 |
| 2017 | $20,025 | $1,500,000 | $1,200,000 | $300,000 |
| 2016 | $6,468 | $302,780 | $90,828 | $211,952 |
| 2015 | $6,302 | $298,233 | $89,464 | $208,769 |
| 2014 | $6,075 | $292,392 | $87,712 | $204,680 |
Source: Public Records
Agents Affiliated with this Home
-
Art Sharif
Seller's Agent in 2019
Art Sharif
Sotheby's Intl Rlty
(650) 804-4770
76 Total Sales
-
Hadar Guibara
Buyer's Agent in 2019
Hadar Guibara
Sereno Group
(650) 740-6295
2 in this area
34 Total Sales
Map
Source: MLSListings
MLS Number: ML81754444
APN: 062-381-180
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