NOT LISTED FOR SALE

Estimated Value: $3,533,000 - $4,588,000

2 Beds
2 Baths
1,770 Sq Ft
$2,252/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.32 Acre Lot
  • Wine Refrigerator
  • Encinal Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of July 2017

Custom; furnished; beautifully kept home offers the finest of both indoor and outdoor living, perfect for entertaining. Enjoy the built-in stereo system; watch the four flat screen TV's. Master Suite has private access to pool/spa and spacious bath has walk-in shower and dual vanities. Dining room and living room with wood burning fireplace overlook lush yards. Stunning eat-in kitchen with gourmet appliances; separate wet-bar opens to patio with Traeger wood- pellet BBQ/smoker. Take walkway to heated pool and spa, Fruit trees, as well as a gardening space. Pool house/cottage is currently occupied but available separately. Central forced air, double pane windows. Includes washer and dryer. Two-car parking with turnaround. Gated driveway. Easy access to downtown Menlo Park, Caltrain stations, parks, Atherton Library, the highly rated Menlo Park City School District. Main house is available for rent without cottage.

Last Agent to Rent the Property

Brian Pugh

Blockhouse Real Estate Inc. License #01719461 Listed on: 02/13/2017

Last Renter's Agent

Claire Lazar

Transpac Real Estate Company License #01992720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,008

Year Built

  • 1950

Lot Details

  • 0.32 Acre Lot
  • Back Yard

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $11,000
  • Property Available on 6/1/17
  • Rent includes furniture, gardener, pool/spa
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,008

Year Built

1950

Lot Details

0

Rental Info

  • Available: 06/01/2017
  • Minimum Lease Months: 12
  • Rent Includes: Furniture, Gardener, Pool/Spa
  • Security Deposit: 11000

Listing Details

  • Subclass: House For Rent
  • Age: 67
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1770
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1770
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Yes
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Covered Parking, Gate / Door Opener

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.3220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14025.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14025.00

Green Features

  • Energy Features: Double Pane Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Lipman David and Lipman Paula Darby
Bought by
Lipman David Joshua and Lipman Paula Darby
Current Estimated Value
$3,985,654

Purchase Details

Closed on
Oct 25, 2019
Sold by
Para Victor
Bought by
Lipman David and Lipman Paula Darby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,231,250
Outstanding Balance
$1,921,409
Interest Rate
2.59%
Mortgage Type
New Conventional
Estimated Equity
$2,064,245

Purchase Details

Closed on
Mar 25, 2016
Sold by
Para Lorie
Bought by
Para Victor

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
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2012
Sold by
Para Victor
Bought by
Para Victor and Para Lorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1999
Sold by
Para Lorie N
Bought by
Para Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1997
Sold by
Marcusen David C
Bought by
Para Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

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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
Lipman David Joshua -- None Available
Lipman David $3,200,000 Old Republic Title Company
Para Victor -- Natco
Para Victor -- North American Title Co Inc
Para Victor -- North American Title Insuran
Para Victor $1,000,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipman David $2,231,250
Previous Owner Para Victor $300,000
Previous Owner Para Victor $417,000
Previous Owner Para Victor $708,000
Previous Owner Para Victor $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Rented $5,450 0.0% --
05/30/2017 05/30/17 Price Changed $5,450 -39.1% $3 / Sq Ft
04/29/2017 04/29/17 Price Changed $8,950 +37.7% $5 / Sq Ft
02/13/2017 02/13/17 For Rent $6,500 -- --
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 $40,008 $3,499,664 $3,280,937 $218,727
2023 $40,008 $3,363,770 $3,153,535 $210,235
2022 $38,274 $3,297,814 $3,091,701 $206,113
2021 $37,512 $3,233,152 $3,031,080 $202,072
2020 $37,186 $3,200,000 $3,000,000 $200,000
2019 $17,253 $1,460,034 $730,017 $730,017
2018 $16,822 $1,431,406 $715,703 $715,703
2017 $18,183 $1,403,340 $701,670 $701,670
2016 $17,556 $1,375,824 $687,912 $687,912
2015 $17,361 $1,355,158 $677,579 $677,579
2014 $16,999 $1,328,614 $664,307 $664,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81638708

MLSListings

APN: 060-323-150