NOT LISTED FOR SALE

540 Berkeley Ave Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $6,370,000 - $8,360,000

5 Beds
3.5 Baths
4,100 Sq Ft
$1,744/Sq Ft Est. Value

Last Sold September 18, 2012

Last sale price $3,900,000 $951 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $41,961/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Wood Flooring
  • Laurel Elementary School Rated A
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of September 2012

This recently built home offers 4,100 sq ft of living space with 5 bedrooms and 3 1/2 baths. A fabulous open floor plan features a kitchen open to a large family room plus separate formal dining and living rooms. The 19,789 square foot lot allows plenty of room for gardening, outdoor activities and entertaining. A real opportunity to purchase a turnkey home in one of best locations in Menlo Park.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 08/31/2012

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Ciana Megan Tierney

Keller Williams Palo Alto License #01339212

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R100

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 062-172-130

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Sale Price Per Sq Ft: 951.22
  • Listing Class: Residential
  • Structure Sq Ft: 4100
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 2
  • Map Top Coordinate: H
  • Thomas Bros Page: 790
  • Thomas Brothers: H2
  • Year Built: 2004
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Clean Air Certified, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, Oven - Built-In
  • Living Sq Ft: 4100
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Formal Entry, Storage
  • Maximum Bathrooms: 4
  • Minimum Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s), Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Built-in Vacuum

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-172-130
  • List Price per Sq Ft: 974.39
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19788.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 19788.00
  • Lot Size Area Min Search: 19788.00
  • Maximum Lot Size: 19788.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

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

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Laurel Elementary
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Sep 13, 2012
Sold by
Jones Douglas C and Jones Eva S
Bought by
Takayama Steven and Takayama Susan
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Ciana Megan Tierney
Keller Williams Palo Alto
List Price
$3,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$95,000
-2.38%
Current Estimated Value
$7,151,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,251,256
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
May 26, 2005
Sold by
B K Development Corp
Bought by
Jones Douglas C and Jones Eva S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2004
Sold by
Richter Patricia
Bought by
B K Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Takayama Steven $3,900,000 Chicago Title Company
Jones Douglas C $3,174,000 Old Republic Title Company
B K Development Corp $1,500,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Douglas C $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2012 09/18/12 Sold $3,900,000 -2.4% $951 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $3,995,000 -- $974 / 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 $53,913 $4,802,562 $2,401,281 $2,401,281
2023 $53,913 $4,616,076 $2,308,038 $2,308,038
2022 $51,609 $4,525,566 $2,262,783 $2,262,783
2021 $50,660 $4,436,830 $2,218,415 $2,218,415
2020 $50,241 $4,391,336 $2,195,668 $2,195,668
2019 $49,644 $4,305,232 $2,152,616 $2,152,616
2018 $48,427 $4,220,816 $2,110,408 $2,110,408
2017 $47,728 $4,138,056 $2,069,028 $2,069,028
2016 $46,558 $4,056,918 $2,028,459 $2,028,459
2015 $46,142 $3,995,980 $1,997,990 $1,997,990
2014 $45,269 $3,917,706 $1,958,853 $1,958,853
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Dreyfus

    Golden Gate Sotheby's International Realty

    Section Image

  • C

    Buyer's Agent in 2012

    Ciana Megan Tierney

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81232389

MLSListings

APN: 062-172-130

California San Mateo County Menlo Park 94025 Menlo Oaks

540 Berkeley Ave, Menlo Park, CA

Not Listed for Sale

Detached

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