NOT LISTED FOR SALE

515 Bay Rd Menlo Park, CA 94025

Flood Park Neighborhood

Estimated Value: $1,741,000 - $2,234,973

2 Beds
1 Bath
950 Sq Ft
$2,099/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2017

Last sale price $1,551,000 $1,633 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,429 / mo

7 Days on Market

Highlights

  • 1 Car Detached Garage
  • Separate Family Room
  • Wood Burning Fireplace
  • Laurel Elementary School Rated A
  • Dining Area
  • 1-Story Property

About This Home

As of May 2017

This darling and bright turnkey 2 bedroom/1 bath California ranch style home has it all! The open and thought out floor plan creates the perfect flow for seamless indoor/outdoor living. Beautiful hardwood floors. Large living room with fireplace. Kitchen features white cabinetry, stainless appliances, and granite counter tops. Formal dining room with french doors lead to the generous terraced deck and open fenced in backyard. Detached garage with W/D. Award-winning Menlo Park schools (buyer to verify) / Just minutes to downtown Menlo Park/Palo Alto/Stanford/Facebook and HWY 101. Not to miss!

Last Agent to Sell the Property

Michelle Englert

Compass License #01304639 Listed on: 04/06/2017

Co-Listed By

Jacky Chow

Compass License #01025595

Last Buyer's Agent

Linda Yang

CHENG Properties, Inc. License #01866767

Home Details

Home Type

  • Single Family

Year Built

  • 1945

Lot Details

  • 6,273

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,273 Sq Ft Lot
  • Wall Furnace

Home Details

Home Type

Single Family

Year Built

1945

Lot Details

6,273 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R10008
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 950
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Apr 28, 2017
Sold by
Agarwal Rajiv
Bought by
Wang Minglei and Zhang Xiaoming
Seller's Agent
Michelle Englert
Compass
Buyer's Agent
Linda Yang
CHENG Properties, Inc.
List Price
$1,088,000
Sold Price
$1,551,000
Premium/Discount to List
$463,000
42.56%
Current Estimated Value
$1,993,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,993
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,240,800
Outstanding Balance
$1,035,536
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$958,457

Purchase Details

Closed on
Apr 22, 2016
Sold by
Agarwal Rajiv
Bought by
Agarwal Rajiv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Salma Family Limited Partnership
Bought by
Agarwal Rajiv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,927
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2010
Sold by
Fernandez Joe Anthony
Bought by
Salma Family Limited Partnership

Purchase Details

Closed on
Jul 10, 2006
Sold by
Robertson Bruce
Bought by
Fernandez Joe Anthony

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
7.63%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 7, 2006
Sold by
Fernandez Sandra
Bought by
Fernandez Joe Anthony

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
7.63%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wang Minglei $1,551,000 Fidelity National Title Co
Agarwal Rajiv -- Old Republic Title Company
Agarwal Rajiv $689,000 Old Republic Title Company
Salma Family Limited Partnership $592,800 None Available
Fernandez Joe Anthony $800,000 First American Title Company
Fernandez Joe Anthony -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Minglei $1,240,800
Previous Owner Agarwal Rajiv $588,000
Previous Owner Agarwal Rajiv $632,927
Previous Owner Fernandez Joe Anthony $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $1,551,000 +42.6% $1,633 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $1,088,000 -- $1,145 / 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 $22,286 $1,800,063 $1,684,007 $116,056
2023 $22,286 $1,730,166 $1,618,616 $111,550
2022 $21,249 $1,696,242 $1,586,879 $109,363
2021 $20,737 $1,662,983 $1,555,764 $107,219
2020 $20,600 $1,645,932 $1,539,812 $106,120
2019 $20,308 $1,613,660 $1,509,620 $104,040
2018 $19,789 $1,582,020 $1,480,020 $102,000
2017 $10,764 $766,310 $383,155 $383,155
2016 $10,286 $751,286 $375,643 $375,643
2015 $10,145 $740,002 $370,001 $370,001
2014 $9,928 $725,508 $362,754 $362,754
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Englert

    Compass

  • J

    Seller Co-Listing Agent in 2017

    Jacky Chow

    Compass

  • Linda Yang

    Buyer's Agent in 2017

    Linda Yang

    CHENG Properties, Inc.

    (650) 353-1387

    28 Total Sales

    Linda Yang
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Map

Source: MLSListings

MLS Number: ML81645782

MLSListings

APN: 062-051-170

California San Mateo County Menlo Park 94025 Flood Park

515 Bay Rd, Menlo Park, CA

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