Seller's Agent in 2024
Dana Carmel
Represent Realty
(650) 804-2393
2 in this area
67 Total Sales
541 Palmer Ln Menlo Park, CA 94025
North Fair Oaks NeighborhoodEstimated Value: $2,608,000 - $2,989,000
4
Beds
3
Baths
2,140
Sq Ft
$1,344/Sq Ft
Est. Value
Highlights
- Skyline View
- Fireplace in Primary Bedroom
- Wood Flooring
- Menlo-Atherton High School Rated A
- Vaulted Ceiling
- Workshop
About This Home
As of June 2024Opportunity meets charm at 541 Palmer Ave, nestled in Menlo Park's North Fair Oaks neighborhood. This property offers the chance to build your dream home or remodel/expand the existing four-bedroom, three-bathroom residence, complemented by a detached garage with bonus space. Situated on a flat, rectangular 12,000 square foot lot, the potential is endless. Palmer Lane boasts several newer and larger homes, offering a unique canvas to customize your next home. Step inside to discover a privately fenced sanctuary featuring large windows that flood the interior with natural light. Hardwood floors add warmth and character to the flexible floorplan, which includes a formal dining room ideal for elegant gatherings and cherished memories. Centrally located near downtown Menlo Park, Palo Alto, 101, Stanford, and Atherton, this property combines serenity with accessibility. Don't miss this chance to create your ideal living space in Silicon Valley. Schedule a tour today and unlock the possibilities awaiting you at 541 Palmer Ave.
Last Agent to Sell the Property
Represent Realty License #02076519 Listed on: 02/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,354
Year Built
- Built in 1922
Lot Details
- 0.28 Acre Lot
- Zoning described as R10010
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Composition Roof
Interior Spaces
- 2,140 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Skylights
- Wood Burning Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Workshop
- Wood Flooring
- Skyline Views
- Crawl Space
Kitchen
- Built-In Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Electric Dryer Hookup
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 060-162-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2024
Closed on
Jun 7, 2024
Sold by
Vitas Healthcare Corporation Of Californ
Bought by
Leong Arthur and Che Jennifer Enci
Seller's Agent
Dana Carmel
Represent Realty
Buyer's Agent
Ingrid Huang
Coldwell Banker Realty
List Price
$2,899,000
Sold Price
$2,660,000
Premium/Discount to List
-$239,000
-8.24%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,620
Avg. Annual Appreciation
5.55%
Original Mortgage
$2,128,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 14, 2020
Closed on
Dec 29, 2020
Sold by
Liu Yong Li and Ho Young P
Bought by
Vitas Healthcare Corporation Of Ca
Seller's Agent
JuJu Chang
KW Advisors
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,988,000
Sold Price
$2,500,000
Premium/Discount to List
-$488,000
-16.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Purchase Details
Listed on
Oct 3, 2014
Closed on
Nov 11, 2014
Sold by
Kreuzer Deborah T and Kreuzer Lloyd B
Bought by
Liu Yong Li and Ho Young P
Seller's Agent
John King
Keller Williams Palo Alto
Buyer's Agent
Ahmie Julia Chang
Keller Williams Palo Alto
List Price
$1,498,000
Sold Price
$1,668,000
Premium/Discount to List
$170,000
11.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$917,400
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 10, 2006
Sold by
Kreuzer Deborah T and Kreuzer Lloyd B
Bought by
Kreuzer Deborah T and Kreuzer Lloyd B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 10, 2002
Sold by
Kreuzer Deborah Tierney and Kreuzer Lloyd
Bought by
Kreuzer Deborah T and Kreuzer Lloyd B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.89%
Mortgage Type
Unknown
Purchase Details
Closed on
May 25, 2001
Sold by
Kreuzer Deborah Tierney and Tierney Deborah
Bought by
Kreuzer Lloyd and Kreuzer Deborah Tierney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.14%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 28, 1993
Sold by
Tierney Deborah and Russell Deborah Tierney
Bought by
Tierney Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.09%
Purchase Details
Closed on
Dec 9, 1993
Sold by
Russell Robert Tierney
Bought by
Tierney Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.09%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leong Arthur | $2,660,000 | Lawyers Title Company | |
| Vitas Healthcare Corporation Of Ca | $2,500,000 | Old Republic Title Company | |
| Liu Yong Li | $1,668,000 | Members Title Co Of Ca Inc | |
| Kreuzer Deborah T | -- | None Available | |
| Kreuzer Lloyd B | -- | Financial Title Company | |
| Kreuzer Deborah T | -- | -- | |
| Kreuzer Lloyd | -- | Chicago Title Insurance Co | |
| Tierney Deborah | -- | Fidelity National Title Ins | |
| Tierney Deborah | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leong Arthur | $2,122,000 | |
| Closed | Leong Arthur | $2,128,000 | |
| Previous Owner | Liu Yong Li | $917,400 | |
| Previous Owner | Kreuzer Lloyd B | $770,000 | |
| Previous Owner | Kreuzer Lloyd | $275,000 | |
| Previous Owner | Kreuzer Lloyd | $100,000 | |
| Previous Owner | Kreuzer Lloyd | $275,000 | |
| Previous Owner | Tierney Deborah | $100,000 | |
| Previous Owner | Tierney Deborah | $203,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $2,660,000 | -8.2% | $1,243 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 02/12/2024 02/12/24 | For Sale | $2,899,000 | +16.0% | $1,355 / Sq Ft |
| 12/31/2020 12/31/20 | Sold | $2,500,000 | -16.3% | $1,168 / Sq Ft |
| 12/18/2020 12/18/20 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | For Sale | $2,988,000 | +79.1% | $1,396 / Sq Ft |
| 12/10/2014 12/10/14 | Sold | $1,668,000 | +11.3% | $779 / Sq Ft |
| 11/28/2014 11/28/14 | Pending | -- | -- | -- |
| 11/22/2014 11/22/14 | For Sale | $1,498,000 | 0.0% | $700 / Sq Ft |
| 10/13/2014 10/13/14 | Pending | -- | -- | -- |
| 10/03/2014 10/03/14 | For Sale | $1,498,000 | -- | $700 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $31,354 | $2,713,200 | $1,836,000 | $877,200 |
| 2023 | $31,354 | $2,601,000 | $1,487,772 | $1,113,228 |
| 2022 | $29,031 | $2,550,000 | $1,458,600 | $1,091,400 |
| 2021 | $28,733 | $2,500,000 | $1,430,000 | $1,070,000 |
| 2020 | $21,381 | $1,833,027 | $1,679,178 | $153,849 |
| 2019 | $21,246 | $1,797,086 | $1,646,253 | $150,833 |
| 2018 | $20,619 | $1,761,850 | $1,613,974 | $147,876 |
| 2017 | $20,221 | $1,727,305 | $1,582,328 | $144,977 |
| 2016 | $19,852 | $1,693,437 | $1,551,302 | $142,135 |
| 2015 | $19,105 | $1,668,000 | $1,528,000 | $140,000 |
| 2014 | $4,232 | $306,899 | $162,990 | $143,909 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Ingrid Huang
Coldwell Banker Realty
(650) 325-6161
1 in this area
38 Total Sales
-
J
Seller's Agent in 2020
JuJu Chang
KW Advisors
-
R
Buyer's Agent in 2020
RECIP
Out of Area Office
-
Seller's Agent in 2014
John King
Keller Williams Palo Alto
(650) 483-2710
2 in this area
89 Total Sales
-
A
Buyer's Agent in 2014
Ahmie Julia Chang
Keller Williams Palo Alto
Map
Source: MLSListings
MLS Number: ML81962787
APN: 060-162-040
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