NOT LISTED FOR SALE

510 Olive St Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $4,206,000 - $7,205,000

2 Beds
2 Baths
1,663 Sq Ft
$3,680/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $2,940,000 $1,768 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $36,398/month

4 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Double Pane Windows
  • Oak Knoll Elementary School Rated A
  • Wine Refrigerator
  • Breakfast Bar

About This Home

As of November 2017

Created with function & livability in mind, this lovingly renovated home with it's open & flowing floor plan is perfect for entertaining or everyday living. One can take pleasure in cooking in this highly efficient remodeled kitchen which opens to the living room / dining room. The spacious family room with 2 built-in desks opens to a professionally landscaped garden with inviting patios and lush gardens. Entertaining in the backyard is enhanced by the outdoor kitchen area which is equipped with a built-in barbecue and dry sink This sophisticated home with it's exceptionally convenient location is close to schools, parks and walking distance to downtown.

Last Agent to Sell the Property

John Alexander

Coldwell Banker Realty License #00938234 Listed on: 10/15/2017

Coldwell Banker Realty

Last Buyer's Agent

Charles Jacob

Compass License #02000123

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,433

Year Built

  • Built in 1949

Lot Details

  • 0.26 Acre Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R10010

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Wine Refrigerator

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Barbecue Area

Utilities

  • Radiant Heating System
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 071-231-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,433

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1663
  • Year Built: 1949
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1663
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Fenced Front, Gate, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-231-160
  • Lot Acres: 0.2634
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11475.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11475.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2017
Closed on
Nov 14, 2017
Sold by
Pelavin Jacqueline Neumann
Bought by
Hsu Erica Deanne
Seller's Agent
John Alexander
Coldwell Banker Realty
Buyer's Agent
Charles Jacob
Compass
List Price
$2,950,000
Sold Price
$2,940,000
Premium/Discount to List
-$10,000
-0.34%
Current Estimated Value
$6,119,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,179,148
Avg. Annual Appreciation
9.68%
Original Mortgage
$1,240,000
Outstanding Balance
$1,023,588
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,095,560

Purchase Details

Closed on
Jan 31, 2007
Sold by
Anne Venkata Krishna and Anne Radhika Ramani
Bought by
Pelavin Jacqueline Neumann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,216,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Anne Venkata Krishna and Anne Radhika Ramani
Bought by
Anne Venkata Krishna and Anne Radhika Ramani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 7, 2004
Sold by
Anne Venkata Krishna
Bought by
Anne Venkata Krishna and Anne Rodhika R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 2004
Sold by
Anne Venkata Krishna
Bought by
Anne Venkata Krishna and Anne Radhika Ramani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 26, 2003
Sold by
Anne Radika R
Bought by
Anne Venkata Krishna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Olson Kay I
Bought by
Anne Venkata Krishna and Anne Radhika R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Roy Jerome
Bought by
The Roy Jerome Living Trust
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
Hsu Erica Deanne $2,940,000 Lawyers Title Company
Pelavin Jacqueline Neumann $1,520,000 First American Title Company
Anne Venkata Krishna -- --
Anne Venkata Krishna -- Alliance Title
Anne Venkata Krishna -- --
Anne Venkata Krishna -- Alliance Title
Anne Venkata Krishna $1,000,000 North American Title Co
The Roy Jerome Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Erica Deanne $1,240,000
Previous Owner Pelavin Jacqueline Neumann $1,216,000
Previous Owner Anne Venkata Krishna $800,000
Previous Owner Anne Venkata Krishna $800,000
Previous Owner Anne Venkata Krishna $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $2,940,000 -0.3% $1,768 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/15/2017 10/15/17 For Sale $2,950,000 -- $1,774 / 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 $52,433 $4,632,797 $2,341,650 $2,291,147
2023 $52,433 $4,452,902 $2,250,722 $2,202,180
2022 $49,010 $4,257,591 $2,206,591 $2,051,000
2021 $32,987 $2,785,325 $2,163,325 $622,000
2020 $26,038 $2,141,143 $2,141,143 $0
2019 $35,636 $2,998,800 $2,099,160 $899,640
2018 $34,765 $2,940,000 $2,058,000 $882,000
2017 $21,747 $1,754,695 $1,731,612 $23,083
2016 $21,132 $1,720,290 $1,697,659 $22,631
2015 $20,920 $1,694,451 $1,672,159 $22,292
2014 $20,552 $1,661,260 $1,639,404 $21,856
Source: Public Records

Agents Affiliated with this Home

  • John Alexander

    Seller's Agent in 2017

    John Alexander

    Coldwell Banker Realty

    (650) 302-2250

    10 Total Sales

    John Alexander
    Section Image

  • C

    Buyer's Agent in 2017

    Charles Jacob

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81681656

MLSListings

APN: 071-231-160

California San Mateo County Menlo Park 94025 Central Menlo Park

510 Olive St, Menlo Park, CA

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