NOT LISTED FOR SALE

519 Palmer Ln Menlo Park, CA 94025

North Fair Oaks Neighborhood

Estimated Value: $3,463,000 - $4,268,560

4 Beds
3.5 Baths
3,354 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $2,500,000 $745 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $23,784/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Main Floor Bedroom
  • Menlo-Atherton High School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of June 2014

Tucked away in a beautiful setting is a gorgeous, newer Mediterranean villa w/ a fantastic flr plan & stylish finishes. The home includes a ground floor bedroom suite, a spectacularly appointed chef's kitchen/Family rm & a spacious master ste similar to its Atherton neighbors. Every rm is spacious, & the grounds are beautiful w/a large lawn & tile patio. It feels like Atherton but in Menlo Park

Last Agent to Sell the Property

Valerie Soltau

Coldwell Banker License #01223247 Listed on: 05/23/2014

Coldwell Banker

Last Buyer's Agent

Brent Gullixson

Compass License #01329216

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,791

Year Built

  • Built in 2008

Lot Details

  • Flag Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,354 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 060-162-330

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,791

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional, Mediterranean
  • Age: 6
  • Sale Price Per Sq Ft: 745.38
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3354
  • Map Book Page: 790
  • Map Side Coordinate: 1
  • Map Top Coordinate: E
  • Thomas Bros Page: 790
  • Thomas Brothers: E1
  • Year Built: 2008
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Living Sq Ft: 3354
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Sequoia Union High
  • High School: Menlo-Atherton High
  • High School: 658

Lot Info

  • Lot Description: Flag Lot
  • Parcel Number: 060-162-330
  • List Price per Sq Ft: 625.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10000.00
  • Lot Size Area Min Search: 10000.00
  • Maximum Lot Size: 10000.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
May 23, 2014
Closed on
Jun 25, 2014
Sold by
Richard Jenkin and Richard Wendy
Bought by
Gaitonde Dayal S and Gaitonde Meeta P
Seller's Agent
Valerie Soltau
Coldwell Banker
Buyer's Agent
Brent Gullixson
Compass
List Price
$2,097,000
Sold Price
$2,500,000
Premium/Discount to List
$403,000
19.22%
Current Estimated Value
$3,954,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,890
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,875,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 19, 2010
Sold by
Richard Jenkin and Richard Wendy
Bought by
Richard Jenkin and Richard Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2010
Sold by
Andrew Jason
Bought by
Richard Jenkin and Richard Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Andrew Wendy
Bought by
Andrew Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,722,500
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2007
Sold by
Richard Jenkin A and Richard Wendy
Bought by
Andrew Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,722,500
Interest Rate
6.25%
Mortgage Type
Construction
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
Gaitonde Dayal S $2,500,000 First American Title Company
Richard Jenkin -- None Available
Richard Jenkin $1,400,000 Fidelity National Title Co
Andrew Jason -- North American Title Company
Andrew Jason $1,050,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaitonde Dayal S $540,000
Open Gaitonde Dayal S $1,870,000
Closed Gaitonde Dayal S $1,875,000
Previous Owner Richard Jenkin $980,000
Previous Owner Richard Jenkin $729,500
Previous Owner Andrew Jason $360,000
Previous Owner Andrew Jason $1,722,500
Previous Owner Andrew Jason $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $2,500,000 +19.2% $745 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $2,097,000 -- $625 / 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 $34,791 $3,064,648 $1,532,324 $1,532,324
2023 $34,791 $2,945,646 $1,472,823 $1,472,823
2022 $32,595 $2,887,890 $1,443,945 $1,443,945
2021 $32,260 $2,831,266 $1,415,633 $1,415,633
2020 $31,814 $2,802,236 $1,401,118 $1,401,118
2019 $31,638 $2,747,292 $1,373,646 $1,373,646
2018 $30,736 $2,693,424 $1,346,712 $1,346,712
2017 $30,225 $2,640,612 $1,320,306 $1,320,306
2016 $29,717 $2,588,836 $1,294,418 $1,294,418
2015 $28,613 $2,549,950 $1,274,975 $1,274,975
2014 $16,976 $1,474,188 $737,094 $737,094
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Valerie Soltau

    Coldwell Banker

    Section Image

  • B

    Buyer's Agent in 2014

    Brent Gullixson

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81418028

MLSListings

APN: 060-162-330

California San Mateo County Menlo Park 94025 North Fair Oaks

519 Palmer Ln, Menlo Park, CA

This home is located at 519 Palmer Ln, Menlo Park, CA 94025 since 23 May 2014 and is currently estimated at $3,954,890, approximately $1,179 per square foot. This property was built in 2008. 519 Palmer Ln is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

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