NOT LISTED FOR SALE

714 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $1,985,345 - $3,209,000

2 Beds
2.5 Baths
1,520 Sq Ft
$1,543/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $1,740,000 $1,145 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $13,375/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Encinal Elementary School Rated A
  • Deck
  • End Unit

About This Home

As of August 2021

Sparkling clean with new paint and carpet! Rear end unit with premium quiet location, probably the best in this development. Massive finished basement area (county records show 730 SF) with storage cabinets and shelves. Sounds like a concert hall for the aspiring musician. Large walk-in closet, view deck, two fireplaces, high ceilings, washer and dryer included. Hurry, priced to sell fast!

Last Agent to Sell the Property

Duane M. Adam

Sotheby’s International Realty License #00863593 Listed on: 07/09/2021

Sotheby’s International Realty

Last Buyer's Agent

Tory Fratt

Coldwell Banker Realty License #01441654

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,615

Year Built

  • 1981

Lot Details

  • 1,115 Sq Ft Lot
  • End Unit
  • Grass Covered Lot
  • Back Yard Fenced

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Breakfast Room
  • Alarm System
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Community Details

  • Association fees include landscaping / gardening, maintenance - common area
  • Ferrari Community Management Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,615

Year Built

1981

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Zoning: R30000
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1520
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Room, Dining Area, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave
  • Fireplace: Yes
  • Living Sq Ft: 1520
  • Stories: 3
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (220V), Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Finished, Basement - Unfinished
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Fenced, Low Maintenance
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Landscaping / Gardening, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Ferrari Community Management

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0256
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1115.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1115.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Unit Features: End Unit, Unit Faces Common Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 13, 2021
Sold by
Randall Dick J and Randall Carolyn L
Bought by
Thomson Ian and Thomson Jorel
Seller's Agent
Duane M. Adam
Sotheby’s International Realty
Buyer's Agent
Tory Fratt
Coldwell Banker Realty
List Price
$1,799,950
Sold Price
$1,740,000
Premium/Discount to List
-$59,950
-3.33%
Current Estimated Value
$2,344,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,836
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Randall Dick J and Randall Carolyn L
Bought by
Randall Dick J and Randall Carolyn L

Purchase Details

Closed on
Apr 29, 2013
Sold by
Su Tiffany Corinne Randall
Bought by
Randall Dick J and Randall Carolyn L

Purchase Details

Closed on
Oct 4, 2012
Sold by
Su Ji Kwun Darren
Bought by
Su Tiffany Corinne Randall

Purchase Details

Closed on
Oct 21, 2011
Sold by
Randall Dick J and Randall Carolyn L
Bought by
Su Ji Kwun Darren and Su Tiffany Corinne Randall

Purchase Details

Closed on
Jan 15, 2008
Sold by
Adornato Bruce T
Bought by
Randall Dick J and Randall Carolyn L

Purchase Details

Closed on
Aug 30, 2004
Sold by
Adornato Bruce
Bought by
Adornato Bruce T

Purchase Details

Closed on
Jan 27, 2004
Sold by
Stensrud Eric J and Loss Jo A S
Bought by
Adornato Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,250
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1999
Sold by
Pacific Town Square Llc
Bought by
Stensrud Frances E
Source: Public Records

Range of Values:

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Average Value
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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
Thomson Ian $1,740,000 Old Republic Title Company
Randall Dick J -- None Available
Randall Dick J $900,000 None Available
Su Tiffany Corinne Randall -- None Available
Su Ji Kwun Darren -- None Available
Randall Dick J -- None Available
Randall Dick J $1,195,000 Old Republic Title Company
Adornato Bruce T -- --
Adornato Bruce $825,000 Stewart Title Of California
Stensrud Frances E $654,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adornato Bruce $705,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $1,740,000 -3.3% $1,145 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,799,950 -- $1,184 / 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 $6,615 $486,850 $238,245 $248,605
2023 $6,615 $467,947 $228,995 $238,952
2022 $6,289 $458,772 $224,505 $234,267
2021 $18,357 $1,450,110 $725,055 $725,055
2020 $18,228 $1,435,242 $717,621 $717,621
2019 $17,967 $1,407,100 $703,550 $703,550
2018 $17,505 $1,379,510 $689,755 $689,755
2017 $17,217 $1,352,462 $676,231 $676,231
2016 $16,690 $1,325,944 $662,972 $662,972
2015 $16,510 $1,306,028 $653,014 $653,014
2014 $16,203 $1,280,446 $640,223 $640,223
Source: Public Records

Agents Affiliated with this Home

  • Duane M. Adam

    Seller's Agent in 2021

    Duane M. Adam

    Sotheby’s International Realty

    (408) 847-4553

    1 in this area

    8 Total Sales

    Duane M. Adam
    Section Image
  • Tory Fratt

    Buyer's Agent in 2021

    Tory Fratt

    Coldwell Banker Realty

    (650) 566-5307

    2 in this area

    13 Total Sales

    Tory Fratt
    Section Image
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Map

Source: MLSListings

MLS Number: ML81852803

MLSListings

APN: 071-461-060

California San Mateo County Menlo Park 94025 Downtown Menlo Park

714 University Dr, Menlo Park, CA

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