Seller's Agent in 2022
Pamela Culp
Compass
(415) 640-3293
1 in this area
73 Total Sales
548 Placitas Ave Menlo Park, CA 94025
North Fair Oaks NeighborhoodEstimated Value: $3,575,000 - $4,698,275
4
Beds
3.5
Baths
3,585
Sq Ft
$1,129/Sq Ft
Est. Value
Highlights
- Wood Flooring
- High Ceiling
- Quartz Countertops
- Menlo-Atherton High School Rated A
- Great Room
- Neighborhood Views
About This Home
As of November 2022A wonderful opportunity to purchase an elegant comfortable home in a quiet wooded area of Menlo Park, with a $ 300,000 price improvement. Located on the last block of street it provides a peaceful quiet setting yet is close to transportation and freeways offering the best of both worlds. This home has 4 bedrooms, 3.5 bathrooms, a great room, dining area and sun room. Two bedrooms are downstairs with a Jack and Jill bathroom. Upstairs is a grand primary bedroom with a sitting room 2 walk in closets and bath, opposite is an office and a guest room with a Jack and Jill bathroom in-between the office and guest room. There is a security system with cameras and lights and a 2 car garage. There are 2 furnaces which allows for energy conservation. . All closets done by California closets with many custom features. The backyard features a grove of redwood tress and 2 patios for outdoor relaxing or entertaining
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,671
Year Built
- Built in 1997
Lot Details
- 8,799 Sq Ft Lot
- Wood Fence
- Mostly Level
- Back Yard
- Zoning described as R10010
Parking
- 2 Car Garage
Home Design
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,585 Sq Ft Home
- 2-Story Property
- High Ceiling
- Gas Log Fireplace
- Double Pane Windows
- Formal Entry
- Great Room
- Living Room with Fireplace
- Dining Area
- Den
- Neighborhood Views
Kitchen
- Gas Cooktop
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Washer and Dryer
- Laundry Tub
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Well
Listing and Financial Details
- Assessor Parcel Number 060-161-130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2024
Sold by
Parastegari Mohammad Sina and Parastegari Sina
Bought by
Parastegari Sina and Esfeh Shantia Kazemi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$295,140
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,753,429
Purchase Details
Listed on
Sep 19, 2022
Closed on
Nov 9, 2022
Sold by
Mercedes Johnson Trust
Bought by
Parastegari Mohammad Sina and Esfeh Shantia Kazemi
Seller's Agent
Pamela Culp
Compass
Buyer's Agent
Rick Smith
Robert Smith, Broker
List Price
$3,998,000
Sold Price
$3,550,000
Premium/Discount to List
-$448,000
-11.21%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$2,662,500
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2004
Sold by
Johnson Mercedes
Bought by
Johnson Mercedes
Purchase Details
Closed on
May 16, 2003
Sold by
Duffy Roberta B
Bought by
Johnson Steven and Johnson Mercedes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%
Mortgage Type
Unknown
Purchase Details
Closed on
May 8, 1997
Sold by
Duffy Roberta B
Bought by
Duffy Roberta B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.98%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
May 2, 1997
Sold by
Burke Roberta T and Burke Roberta B
Bought by
Duffy Roberta B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.98%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 1, 1994
Sold by
Merrill Evelyn L
Bought by
Burke Roberta T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parastegari Sina | -- | Atlas Title Company | |
| Parastegari Mohammad Sina | $3,550,000 | Lawyers Title | |
| Johnson Mercedes | -- | -- | |
| Johnson Mercedes | -- | -- | |
| Johnson Steven | $1,290,000 | First American Title Company | |
| Duffy Roberta B | -- | -- | |
| Duffy Roberta B | -- | Old Republic Title Ins Compa | |
| Burke Roberta T | $300,000 | Old Republic Title Company | |
| Burke Roberta T | -- | Old Republic Title Company | |
| Burke Roberta T | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parastegari Sina | $300,000 | |
| Previous Owner | Sina Parastegari Mohammad | $2,670,000 | |
| Previous Owner | Parastegari Mohammad Sina | $2,662,500 | |
| Previous Owner | Johnson Steven | $1,000,000 | |
| Previous Owner | Duffy Roberta B | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $3,550,000 | -4.0% | $990 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | Price Changed | $3,698,000 | -7.5% | $1,032 / Sq Ft |
| 09/19/2022 09/19/22 | For Sale | $3,998,000 | -- | $1,115 / 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 | $41,671 | $3,693,419 | $2,067,274 | $1,626,145 |
| 2023 | $41,671 | $3,550,000 | $1,987,000 | $1,563,000 |
| 2022 | $24,269 | $2,107,766 | $880,290 | $1,227,476 |
| 2021 | $24,016 | $2,066,439 | $863,030 | $1,203,409 |
| 2020 | $23,682 | $2,045,251 | $854,181 | $1,191,070 |
| 2019 | $23,538 | $2,005,150 | $837,433 | $1,167,717 |
| 2018 | $22,851 | $1,965,834 | $821,013 | $1,144,821 |
| 2017 | $22,428 | $1,927,289 | $804,915 | $1,122,374 |
| 2016 | $22,029 | $1,889,501 | $789,133 | $1,100,368 |
| 2015 | $21,200 | $1,861,120 | $777,280 | $1,083,840 |
| 2014 | $20,780 | $1,824,665 | $762,055 | $1,062,610 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Culp
-
Rick Smith
Buyer's Agent in 2022
Rick Smith
Robert Smith, Broker
(650) 492-9007
1 in this area
68 Total Sales
Map
Source: MLSListings
MLS Number: ML81907757
APN: 060-161-130
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