NOT LISTED FOR SALE

520 Olive St Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $7,443,000 - $8,097,396

5 Beds
4 Baths
3,680 Sq Ft
$2,109/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $5,998,000 $1,630 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $47,235/month

Highlights

  • Marble Flooring
  • Marble Countertops
  • High Ceiling
  • Oak Knoll Elementary School Rated A
  • Marble Bathroom Countertops
  • Mud Room

About This Home

As of May 2016

For comp purposes only. Property sold 3/28/16 Luxurious New Construction built by Benchmark Builders. Top-of-the-Line finishes; Lutron, Sonos, Custom oak rift cabinetry, wide plank French oak floors, integrated Sub Zero refrigerator, 48" wolf 6-burner stove. Amazing finishes!

Last Agent to Sell the Property

Keri Nicholas

Compass License #01198898 Listed on: 05/13/2016

Compass

Last Buyer's Agent

Shena Hurley

Golden Gate Sotheby's International Realty License #01152002

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,326

Year Built

  • Built in 2016

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10010

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,680 Sq Ft Home
  • High Ceiling
  • Gas Fireplace
  • Mud Room
  • Formal Entry
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 071-231-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,326

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3680
  • Year Built: 2016
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven Range - Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3680
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Mud Room
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake
  • Yard/Grounds: Back Yard, BBQ Area, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-231-170
  • Lot Acres: 0.2850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12392.82
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12392.82

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
May 13, 2016
Closed on
Mar 24, 2016
Sold by
520 Olive Llc
Bought by
The Alataris Family Trust and Rios Alataris Christina
Seller's Agent
Keri Nicholas
Compass
Buyer's Agent
Shena Hurley
Golden Gate Sotheby's International Realty
List Price
$5,998,000
Sold Price
$5,998,000
Current Estimated Value
$7,761,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,763,349
Avg. Annual Appreciation
2.76%
Original Mortgage
$3,000,000
Outstanding Balance
$2,374,486
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$5,386,863

Purchase Details

Closed on
Dec 18, 2014
Sold by
Inglis Joan H
Bought by
520 Olive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,599,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1995
Sold by
Inglis John and Inglis Joan H
Bought by
Inglis John and Inglis Joan H
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
The Alataris Family Trust $5,998,000 Lawyers Title Company
520 Olive Llc $2,665,000 First American Title
Inglis John -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Alataris Family Trust $3,000,000
Previous Owner 520 Olive Llc $1,599,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $5,998,000 0.0% $1,630 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $5,998,000 -- $1,630 / 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 $79,326 $7,162,316 $3,550,204 $3,612,112
2023 $79,326 $6,884,199 $3,412,347 $3,471,852
2022 $75,847 $6,749,217 $3,345,439 $3,403,778
2021 $74,591 $6,616,882 $3,279,843 $3,337,039
2020 $74,279 $6,549,036 $3,246,213 $3,302,823
2019 $73,309 $6,420,624 $3,182,562 $3,238,062
2018 $71,430 $6,281,318 $3,120,159 $3,161,159
2017 $70,015 $6,117,960 $3,058,980 $3,058,980
2016 $44,208 $3,805,072 $2,468,072 $1,337,000
2015 $31,729 $2,665,000 $2,431,000 $234,000
2014 $3,502 $156,915 $53,977 $102,938
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Keri Nicholas

    Compass

    Section Image
  • Shena Hurley

    Buyer's Agent in 2016

    Shena Hurley

    Golden Gate Sotheby's International Realty

    (650) 329-6630

    1 in this area

    13 Total Sales

    Shena Hurley
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81585399

MLSListings

APN: 071-231-170

California San Mateo County Menlo Park 94025 Central Menlo Park

520 Olive St, Menlo Park, CA

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