NOT LISTED FOR SALE

541 Menlo Oaks Dr Menlo Park, CA 94025

Menlo Oaks Neighborhood

Estimated Value: $8,311,000 - $15,208,334

2 Beds
1.5 Baths
880 Sq Ft
$12,661/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $3,165,000 $3,597 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $67,235/month

62 Days on Market

About This Home

As of August 2020

Unique opportunity to own one of the largest properties in the sought out neighborhood of Menlo Oaks. This .79 acre property is situated on a quiet meandering street, surrounded by estate properties and offers a rare opportunity to build a custom estate. Lots of open space to build with little if any tree intrusion-buyer to verify. This private location on a flat 34,400 square foot lot approximately 150' X 225' has perimeter mature majestic trees and is conveniently located near Stanford University, HWY 101, Facebook, tech companies, shopping and easy access to commute routes. An incredible one-of-a kind opportunity.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 05/22/2020

Compass

Last Buyer's Agent

Zachary Trailer

Compass License #01371338

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1910

Lot Details

  • 0.79

Home Design

  • 880 Sq Ft Home
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 0.79 Acre Lot
  • No Heating

Home Details

Home Type

Single Family

Year Built

1910

Lot Details

0.79 Acres

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 880
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Family Room: No Family Room
  • Living Sq Ft: 880
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Rolled Composition, Tar And Gravel

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 658

Lot Info

  • Lot Acres: 0.7897
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 34400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 34400.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Menlo Oaks Llc
Bought by
Hltjm Holdings Llc
Current Estimated Value
$11,141,778

Purchase Details

Closed on
Jul 8, 2021
Sold by
Ak Development Enterprises Llc
Bought by
Menlo Oaks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,283,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 25, 2020
Sold by
Lecount David Edgar and The Acevedo Family 1995 Trust
Bought by
Ak Development Enterprises Llc
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Zachary Trailer
Compass
List Price
$3,650,000
Sold Price
$3,165,000
Premium/Discount to List
-$485,000
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.45%
Original Mortgage
$1,582,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2016
Sold by
Acevedo Martha A
Bought by
Acevedo Martha A

Purchase Details

Closed on
Dec 30, 2015
Sold by
Acevedo Antonio Ana Maria
Bought by
Acevedo Martha A
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
Hltjm Holdings Llc $9,800,000 Chicago Title Company
Menlo Oaks Llc -- Chicago Title Company
Ak Development Enterprises Llc $3,165,000 Lawyers Title Company
Acevedo Martha A -- None Available
Acevedo Martha A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menlo Oaks Llc $5,283,000
Previous Owner Ak Development Enterprises Llc $1,582,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $3,165,000 -5.5% $3,597 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $3,350,000 -8.2% $3,807 / Sq Ft
05/22/2020 05/22/20 For Sale $3,650,000 -- $4,148 / 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 $111,156 $10,195,920 $5,410,080 $4,785,840
2023 $111,156 $7,664,462 $3,282,462 $4,382,000
2022 $52,533 $4,611,100 $3,218,100 $1,393,000
2021 $36,848 $3,165,000 $3,155,000 $10,000
2020 $12,580 $1,039,238 $1,015,074 $24,164
2019 $2,231 $99,746 $76,688 $23,058
2018 $2,154 $97,791 $75,185 $22,606
2017 $2,085 $95,874 $73,711 $22,163
2016 $2,010 $93,995 $72,266 $21,729
2015 $1,944 $92,584 $71,181 $21,403
2014 $1,846 $90,771 $69,787 $20,984
Source: Public Records

Agents Affiliated with this Home

  • Judy Citron

    Seller's Agent in 2020

    Judy Citron

    Compass

    (650) 400-8424

    6 in this area

    217 Total Sales

    Judy Citron
    Section Image

  • Z

    Buyer's Agent in 2020

    Zachary Trailer

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81793539

MLSListings

APN: 062-140-190

California San Mateo County Menlo Park 94025 Menlo Oaks

541 Menlo Oaks Dr, Menlo Park, CA

Not Listed for Sale

Detached

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