NOT LISTED FOR SALE

Estimated Value: $6,033,000 - $7,754,020

5 Beds
5.5 Baths
5,093 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $4,800,000 $942 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $41,486/month

67 Days on Market

Highlights

  • Wine Cellar
  • Marble Flooring
  • Mediterranean Architecture
  • Oak Knoll Elementary School Rated A
  • Marble Bathroom Countertops
  • 2 Fireplaces

About This Home

As of November 2016

Brand new Mediterranean home in the sought after Allied Arts neighborhood of Menlo Park. Completed in Sept. 2016, this home seamlessly blends both traditional and contemporary design w/finishes to satisfy todays modern buyer. This 3-level home of 5,093 sq.ft. includes 5 bedrooms and 6 bathrooms on a well proportioned and sun-filled lot of 8,100 sq.ft. Some of the home features and finishes include; 9" European white oak hardwood floors throughout, Statuario honed marble counter tops, Carrera honed marble in master bath, Thermador appliances w/U-line wine fridge, Travertine flooring exterior, Pella windows and doors, Wet Bar w/Sink/U-line wine fridge, Temperature controlled wine cellar, Control 4 smart home system w/iPad/Sonos/Built-in Speakers/3 Cameras, Dual Zone A/C w/Nest thermostats, 9-12ft ceilings, 2 gas fireplaces, Attached 2 car garage, 20 kilowatt generator. Short distance to downtown MP, PA and Stanford Shopping Center. Top Menlo Park Schools (buyer to verify enrollment).

Last Agent to Sell the Property

Matt Skrabo

Keller Williams Palo Alto License #01910597 Listed on: 09/08/2016

Keller Williams Palo Alto

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 8,102 Sq Ft Lot
  • Zoning described as R2

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Mediterranean Architecture
  • Foundation Moisture Barrier
  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,093 Sq Ft Home
  • 3-Story Property
  • Entertainment System
  • Wired For Sound
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Wine Cellar
  • Formal Dining Room
  • Storage Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom
  • Monitored
  • Fire Sprinkler System

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 071-433-060

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

8,102 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 5093
  • Year Built: 2016
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Built-In, Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 5093
  • Stories: 3
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Video / Audio System
  • Laundry: Dryer, Tub / Sink, Upper Floor, Washer
  • Flooring: Hardwood, Marble, Tile, Travertine
  • Additional Rooms: Basement - Finished, Laundry Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Foundation Moisture Barrier
  • Roof: Concrete, Tile

Garage/Parking

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

Utilities

  • Cooling System: Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Video / Audio System, Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-433-060
  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Oak Knoll Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Nov 15, 2016
Sold by
Graeagle Group Llc
Bought by
Fooksman Eugene and The Eugene Fooksman Revocable Trust
Seller's Agent
Matt Skrabo
Keller Williams Palo Alto
Buyer's Agent
RECIP
Out of Area Office
List Price
$4,995,000
Sold Price
$4,800,000
Premium/Discount to List
-$195,000
-3.9%
Current Estimated Value
$7,039,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,239,005
Avg. Annual Appreciation
4.20%

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 31, 2016
Sold by
Jll Llc
Bought by
Graeagle Group Llc
Seller's Agent
Matt Skrabo
Keller Williams Palo Alto
Buyer's Agent
RECIP
Out of Area Office
List Price
$4,995,000
Sold Price
$4,800,000
Premium/Discount to List
-$195,000
-3.9%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jun 26, 2015
Sold by
Ziaei Fatemeh and Tabatabaei Maryam
Bought by
Graeagle Group Llc and Jll Llc
Seller's Agent
Maryam Taba
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,098,000
Sold Price
$2,495,000
Premium/Discount to List
$397,000
18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.22%
Original Mortgage
$2,500,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 23, 2012
Closed on
Nov 7, 2012
Sold by
Nikravesh Louise and Tabibnia Mahnaz
Bought by
Ziaei Fatemeh and Tabatabaei Maryam
Seller's Agent
Mary Gilles
Compass
Buyer's Agent
Maryam Taba
Coldwell Banker Realty
List Price
$1,575,000
Sold Price
$1,515,000
Premium/Discount to List
-$60,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.97%
Original Mortgage
$625,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Nikravesh Louise
Bought by
Nikravesh Louise

Purchase Details

Closed on
Jun 9, 1997
Sold by
Saleh Khorramabadi and Louise Nikravesh
Bought by
Khorramabadi Saleh and Nikravesh Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fooksman Eugene $4,800,000 Chicago Title Company
Graeagle Group Llc $88,500 Chicago Title Company
Graeagle Group Llc $2,495,000 First American Title Company
Ziaei Fatemeh $1,515,000 First American Title Company
Nikravesh Louise -- --
Khorramabadi Saleh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graeagle Group Llc $2,500,000
Previous Owner Graeagle Group Llc $1,250,000
Previous Owner Ziaei Fatemeh $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2016 11/18/16 Sold $4,800,000 -3.9% $942 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $4,995,000 0.0% $981 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $4,995,000 -9.1% $981 / Sq Ft
09/08/2016 09/08/16 For Sale $5,495,000 +120.2% $1,079 / Sq Ft
07/07/2015 07/07/15 Sold $2,495,000 +18.9% $1,721 / Sq Ft View Prior Sale
06/25/2015 06/25/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $2,098,000 +38.5% $1,447 / Sq Ft
11/21/2012 11/21/12 Sold $1,515,000 +1.3% $1,045 / Sq Ft View Prior Sale
10/11/2012 10/11/12 Pending -- -- --
10/08/2012 10/08/12 Price Changed $1,495,000 -5.1% $1,031 / Sq Ft
09/23/2012 09/23/12 For Sale $1,575,000 -- $1,086 / Sq Ft
Source: MLSListings

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 $63,983 $5,717,350 $2,785,402 $2,931,948
2023 $63,983 $5,495,342 $2,677,243 $2,818,099
2022 $61,239 $5,387,593 $2,624,749 $2,762,844
2021 $60,182 $5,281,956 $2,573,284 $2,708,672
2020 $59,916 $5,227,798 $2,546,899 $2,680,899
2019 $57,676 $4,993,920 $2,496,960 $2,496,960
2018 $56,299 $4,896,000 $2,448,000 $2,448,000
2017 $55,515 $4,800,000 $2,400,000 $2,400,000
2016 $33,653 $2,850,000 $2,345,000 $505,000
2015 $19,320 $1,552,284 $1,275,640 $276,644
2014 $18,974 $1,521,877 $1,250,652 $271,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81613367

MLSListings

APN: 071-433-060

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