Ayelet Gingold
Agam Real Estate
(669) 202-4727
93 Total Sales
1 in Downtown Menlo Park
$2,200,000 Price
616 Harvard Ave Menlo Park, CA 94025
Downtown Menlo Park NeighborhoodEstimated Value: $3,402,385
8
Beds
8
Baths
4,023
Sq Ft
$846/Sq Ft
Est. Value
Highlights
- Laundry Room
- Forced Air Heating System
- Washer and Dryer
- Tile Flooring
About This Home
As of July 2023Location! Location! Location. Four (4) Town-House Style Rental Units. Minutes (walkable per residents) to shops, restaurants, cafes and grocery stores of Downtown Menlo Park, Palo Alto and Stanford Shopping Center. Desirable two-story 2-Bedroom/1.5-Bathroom town-house style units. Over 1,000+ sqft in size. Lots of storage and natural light. Central forced heat in each unit. Private laundry/dryer room onsite. Large backyards/patios for each unit. New roofs (2017). Detached carports with storage rooms. Significant upside in rents. **Contact listing agents for a detailed sales brochure and photo gallery** ** OPEN HOUSE ** Wednesday (5/24/23) from 1:00pm - 2:30pm - FOR THOSE WHO CONFIRM ATTENDANCE WITH LISTING AGENTS.
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Property Details
Home Type
- Multi-Family
Year Built
- 1963
Lot Details
- 8,407
Home Design
- Quadruplex
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,023 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Lighted Parking
- Assigned Parking
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $146,400
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,080
- Insurance Expense $3,350
- Maintenance Expense $5,084
- Other Expense $732
- Utility Expense $6,466
- Trash Expense $5,203
- Operating Expense $62,969
- Gross Income $143,472
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2023
Closed on
Jun 28, 2023
Sold by
Bought by
Seller's Agent
Nathan Gustavson
Compass
Buyer's Agent
Shirley Chu
Goodview Financial & Real Estate
List Price
$3,148,000
Sold Price
$3,088,000
Premium/Discount to List
-$60,000
-1.91%
Views
49
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
$314,385
Avg. Annual Appreciation
3.20%
Original Mortgage
$2,470,400
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2023
Sold by
Bought by
Purchase Details
Closed on
Jul 20, 2017
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Menlo Park, CA
-
Ayelet Gingold
-
Carrie Davis
Carrie Davis
Coldwell Banker Realty
(650) 744-0360
60 Total Sales
1 in Downtown Menlo Park
$2,250,000 Price
-
Lynn North
Lynn North
The Agency
(650) 747-8423
44 Total Sales
1 in Downtown Menlo Park
$2,125,000 Price
-
Dan Hunnicutt
Dan Hunnicutt
eXp Realty of Northern California, Inc.
(650) 562-8757
21 Total Sales
1 in Downtown Menlo Park
$1,495,000 Price
-
Emma Elfving
Emma Elfving
Compass
(650) 525-2423
90 Total Sales
1 in Downtown Menlo Park
$2,600,000 Price
-
Matt Aragoni
Matt Aragoni
Coldwell Banker Realty
(650) 870-2773
76 Total Sales
1 in Downtown Menlo Park
$6,500,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,088,000 | First American Title | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,420,000 | ||
| Closed | $2,470,400 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $180,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2023 07/05/23 | Sold | $3,088,000 | -1.9% | $768 / Sq Ft |
| 06/10/2023 06/10/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $3,148,000 | -- | $783 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $41,044 | $3,149,760 | $2,244,000 | $905,760 |
| 2023 | $41,044 | $421,299 | $126,380 | $294,919 |
| 2022 | $11,432 | $413,039 | $123,902 | $289,137 |
| 2021 | $11,030 | $404,941 | $121,473 | $283,468 |
| 2020 | $10,838 | $400,790 | $120,228 | $280,562 |
| 2019 | $10,573 | $392,932 | $117,871 | $275,061 |
| 2018 | $10,195 | $385,228 | $115,560 | $269,668 |
| 2017 | $9,864 | $377,676 | $113,295 | $264,381 |
| 2016 | $9,420 | $370,272 | $111,074 | $259,198 |
| 2015 | $9,127 | $364,711 | $109,406 | $255,305 |
| 2014 | $8,730 | $357,567 | $107,263 | $250,304 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Gustavson
N
Seller's Agent in 2023
Nathan Gustavson
Compass
(415) 874-5000
1 in this area
55 Total Sales
-
Cameron Foster
C
Seller Co-Listing Agent in 2023
Cameron Foster
Compass
(650) 548-9660
1 in this area
37 Total Sales
-
Shirley Chu
S
Buyer's Agent in 2023
Shirley Chu
Goodview Financial & Real Estate
(408) 621-9920
1 in this area
7 Total Sales
Map
Source: MLSListings
MLS Number: ML81928779
APN: 071-433-160
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