Seller's Agent in 2023
Tory Fratt
Coldwell Banker Realty
(650) 566-5307
4 in this area
12 Total Sales
61 Politzer Dr Menlo Park, CA 94025
Central Menlo Park NeighborhoodEstimated Value: $4,780,000 - $5,210,000
4
Beds
3
Baths
2,860
Sq Ft
$1,725/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Wood Flooring
- Beamed Ceilings
- Oak Knoll Elementary School Rated A
- 3 Fireplaces
- Formal Dining Room
About This Home
As of June 2023Wonderful FIVE bedroom West Menlo Park home! Spacious, sunlit spaces, walking distance to schools, downtown and easy access to commuter routes. Beautiful beamed living room, formal dining room, exterior wine closet and extra storage room, three fireplaces, great outdoor patios, zen like garden with water feature. Close to Stanford University and Silicon Valley. One of the most desirable streets in Central Menlo Park. Move-in or remodel, fresh paint in and out, new landscaping re-fresh, all ready for new owners! NO AC as the county records show, and the home is 5 bedrooms, not 4 as the county records show.
Last Agent to Sell the Property
Coldwell Banker Realty License #01441654 Listed on: 04/28/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 10,001 Sq Ft Lot
- Wood Fence
- Zoning described as R10010
Parking
- 2 Car Attached Garage
Home Design
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,860 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- 3 Fireplaces
- Fireplace With Gas Starter
- Wine Cellar
- Formal Dining Room
- Storage Room
- Laundry in Utility Room
- Ceramic Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 071-032-040
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2023
Closed on
May 26, 2023
Sold by
Karen Weisz Sortino 1990 Trust
Bought by
Khosraviani Bastani Revocable Living Trust and Bastani
Seller's Agent
Tory Fratt
Coldwell Banker Realty
Buyer's Agent
Annie Watson
Coldwell Banker Realty
List Price
$4,550,000
Sold Price
$4,300,000
Premium/Discount to List
-$250,000
-5.49%
Views
82
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
$634,512
Avg. Annual Appreciation
5.39%
Original Mortgage
$3,000,000
Outstanding Balance
$2,907,558
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$2,026,954
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 |
|---|---|---|---|
| Khosraviani Bastani Revocable Living Trust | $4,300,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khosraviani Bastani Revocable Living Trust | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $4,300,000 | -5.5% | $1,503 / Sq Ft |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $4,550,000 | -- | $1,591 / 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 | $50,806 | $4,564,720 | $4,369,680 | $195,040 |
| 2023 | $50,806 | $4,000,000 | $3,804,000 | $196,000 |
| 2022 | $7,238 | $401,643 | $66,386 | $335,257 |
| 2021 | $6,842 | $393,769 | $65,085 | $328,684 |
| 2020 | $6,749 | $389,732 | $64,418 | $325,314 |
| 2019 | $6,631 | $382,091 | $63,155 | $318,936 |
| 2018 | $6,425 | $374,600 | $61,917 | $312,683 |
| 2017 | $6,272 | $367,255 | $60,703 | $306,552 |
| 2016 | $5,957 | $360,055 | $59,513 | $300,542 |
| 2015 | $4,994 | $354,648 | $58,620 | $296,028 |
| 2014 | $5,689 | $347,702 | $57,472 | $290,230 |
Source: Public Records
Agents Affiliated with this Home
-
Tory Fratt
-
Annie Watson
Buyer's Agent in 2023
Annie Watson
Coldwell Banker Realty
(650) 380-9898
4 in this area
111 Total Sales
Map
Source: MLSListings
MLS Number: ML81926320
APN: 071-032-040
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