NOT LISTED FOR SALE

621 Arbor Rd Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $3,571,000 - $4,055,213

3 Beds
2 Baths
1,540 Sq Ft
$2,434/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $2,800,000 $1,818 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $22,492/month

65 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • Oak Knoll Elementary School Rated A
  • Forced Air Heating System
  • 1-minute walk to Jack W. Lyle Park

About This Home

As of July 2018

Updated ranch style home on a wonderful tree-lined street in a spectacular location close to downtown Menlo Park, Palo Alto and Stanford Univeristy. Newly refinished hardwood floors and living room with fireplace and adjoining dining room open to the beautiful backyard. Updated kitchen with stainless steel top of the line appliances including Wolf range, Bosh dishwasher and Fisher&Paykel refrigerator. Luxurious master bedroom with two closets, doors to the rear yard, and elegantly appointed remodeled bathroom. Two additional bedrooms, one having a private entry to an oversized side yard. Recently landscaped yard with planting beds, arbor with heater, newer decks and patio, light flooded with immense privacy, flowers and fountain. Generous lot size of 9,975, adjacent to park, easy access to shopping, restaurants, HWYS, excellent Menlo Park Schools.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 04/23/2018

Compass

Last Buyer's Agent

Chris Mogensen

Zane MacGregor License #01704390

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,975 Sq Ft Lot
  • Zoning described as R10010

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 071-263-020

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1540
  • Year Built: 1950
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1540
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-263-020
  • Lot Acres: 0.2290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9975.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9975.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Chen Julie S
Bought by
Chen Julie S and Julie S Chen Residential Trust
Current Estimated Value
$3,748,303

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 16, 2018
Sold by
Cootsona Marcus Paul and Cootsona Melinda L
Bought by
Chen Julie S
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Chris Mogensen
Zane MacGregor
List Price
$2,998,000
Sold Price
$2,800,000
Premium/Discount to List
-$198,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$2,100,000
Outstanding Balance
$1,781,914
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,966,389

Purchase Details

Closed on
May 12, 2008
Sold by
Cootsona Marcus Paul and Cootsona Melinda Lomax
Bought by
Cootsona Marcus Paul and Cootsona Melinda L

Purchase Details

Closed on
Jul 16, 1998
Sold by
Demuth Joanne P
Bought by
Cootsona Marcus Paul and Cootsona Melinda Lomax

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
Mortgage Type
Stand Alone First
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
Chen Julie S -- None Available
Chen Julie S $2,800,000 Lawyers Title Co
Cootsona Marcus Paul -- None Available
Cootsona Marcus Paul $665,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Julie S $2,100,000
Previous Owner Cootsona Marcus Paul $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $2,800,000 -6.6% $1,818 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $2,998,000 -- $1,947 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $36,334 $3,123,448 $2,091,596 $1,031,852
2023 $36,334 $3,002,163 $2,010,378 $991,785
2022 $34,769 $2,943,298 $1,970,959 $972,339
2021 $34,074 $2,885,587 $1,932,313 $953,274
2020 $33,893 $2,856,000 $1,912,500 $943,500
2019 $33,434 $2,800,000 $1,875,000 $925,000
2018 $12,393 $916,236 $458,118 $458,118
2017 $12,164 $898,272 $449,136 $449,136
2016 $11,735 $880,660 $440,330 $440,330
2015 $11,585 $867,432 $433,716 $433,716
2014 $11,347 $850,442 $425,221 $425,221
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judy Citron

    Compass

    Section Image
  • Chris Mogensen

    Buyer's Agent in 2018

    Chris Mogensen

    Zane MacGregor

    (650) 924-1834

    13 Total Sales

    Chris Mogensen
    Section Image
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Map

Source: MLSListings

MLS Number: ML81701998

MLSListings

APN: 071-263-020

California San Mateo County Menlo Park 94025 Central Menlo Park

621 Arbor Rd, Menlo Park, CA

Not Listed for Sale

Detached

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