NOT LISTED FOR SALE

Estimated Value: $4,202,000 - $6,870,000

4 Beds
4.5 Baths
2,500 Sq Ft
$2,155/Sq Ft Est. Value

Highlights

  • Solar Power System
  • Wood Flooring
  • Triple Pane Windows
  • Encinal Elementary School Rated A
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Brand-new modern single-family home located in the heart of Allied Arts with easy stroll to downtown Menlo Park, Palo Alto and Stanford Shopping Center offering the perfect blend of modern amenities and conveniences. Open-concept floor plan ideal for large gatherings and entertainment. Top of the line chefs kitchen appliances and granite countertops. Four spacious bedroom suites, plus a half bath for guests. Master suite features a balcony and a luxurious bathroom with a soaking tub, separate shower, and dual vanity sinks. First floor bedroom suite is ideal for an office or the visiting guest in the main house. Exterior features include smart cameras, alarm system, video doorbells with remote access. EV charger in the garage. The 8 KW roof mounted solar panels on eco-friendly roof coupled with triple pane windows provide maximum green energy home design. Minutes away from Menlo Park and Palo Alto downtown shops, restaurants, and the Drager's, Trader Joe's, and Safeway grocery stores. Nearby Caltrain station for easy commute to San Francisco, San Jose, the Silicon Valley Tech giants and all the Bay area attractions.

Last Agent to Rent the Property

Jackie Schoelerman

Coldwell Banker Realty License #01092400 Listed on: 08/12/2023

Coldwell Banker Realty

Last Renter's Agent

Jackie Schoelerman

Coldwell Banker Realty License #01092400 Listed on: 08/12/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,868

Year Built

  • 2023

Lot Details

  • 5,645

Parking

  • 2 Car Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Triple Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Solar Power System
  • 5,645 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $22,000
  • Property Available on 8/20/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,868

Year Built

2023

Lot Details

0

Parking

2

Rental Info

  • Available: 08/20/2023
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 22000

Listing Details

  • Subclass: House For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2500
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2500
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

Schools

  • School District: Sequoia Union High
  • Elementary School: Oak Knoll Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 663
  • Middle School: 642

Lot Info

  • Lot Acres: 0.1296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5645.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5645.00

Green Features

  • Energy Features: Solar Power, Triple Pane Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Nham Chau Le and Nham Phan Le
Bought by
Trc Live Oak Llc
Current Estimated Value
$5,387,215

Purchase Details

Closed on
Dec 8, 2016
Sold by
Nham Phan Lee and Ly Moc Thanh
Bought by
Nham Chau Le and Nham Phan Le

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
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Nham Phan Le and Nam Le Phan
Bought by
Nham Phan Le and Ly Moc Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Phan Ken
Bought by
Nam Le Phan and Ly Thanh Moc

Purchase Details

Closed on
Aug 6, 2001
Sold by
Kan Jimmy Poon Pui and Kan Jean C
Bought by
Phan Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,250
Interest Rate
7.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 21, 2000
Sold by
Pui Kan Jimmy Poon and Pui Jean C
Bought by
Kan Jimmy Poon Pui and Kan Jean C

Purchase Details

Closed on
Jan 5, 1996
Sold by
Scatena Charles J and Scatena Dolores M
Bought by
Scatena Peter G
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
Trc Live Oak Llc $2,000,000 Lawyers Title Company
Nham Chau Le -- None Available
Nham Phan Le $201,500 Orange Coast Title Company
Nam Le Phan $631,000 Chicago Title Company
Phan Ken $635,000 First American Title Co
Kan Jimmy Poon Pui -- --
Scatena Peter G -- --
Scatena Charles G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nham Chau Le $417,000
Previous Owner Nham Phan Le $400,000
Previous Owner Nham Phan Le $214,000
Previous Owner Phan Ken $150,000
Previous Owner Phan Ken $250,000
Previous Owner Phan Ken $130,000
Previous Owner Phan Ken $492,000
Previous Owner Phan Ken $482,600
Previous Owner Phan Ken $603,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Rented $11,000 0.0% --
08/20/2023 08/20/23 Price Changed $11,000 -30.4% $4 / Sq Ft
08/12/2023 08/12/23 For Rent $15,800 -- --
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 $50,868 $4,162,502 $2,137,802 $2,024,700
2023 $50,868 $2,768,790 $2,054,790 $714,000
2022 $24,905 $2,040,000 $2,014,500 $25,500
2021 $24,413 $2,000,000 $1,975,000 $25,000
2020 $17,554 $1,375,054 $1,116,499 $258,555
2019 $17,299 $1,348,094 $1,094,608 $253,486
2018 $16,848 $1,321,663 $1,073,146 $248,517
2017 $21,778 $1,766,000 $1,477,310 $288,690
2016 $11,433 $854,443 $698,223 $156,220
2015 $11,285 $841,610 $687,736 $153,874
2014 $11,051 $825,127 $674,266 $150,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81938234

MLSListings

APN: 071-331-030