NOT LISTED FOR SALE

718 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,052,000 - $3,188,000

2 Beds
2.5 Baths
1,440 Sq Ft
$1,664/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $2,080,000 $1,444 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $15,329/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Wood Flooring
  • Encinal Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Nealon Park

About This Home

As of May 2022

Tucked in the back corner of a small gated community just blocks from downtown Menlo Park, this updated home features a kitchen with a sunny breakfast nook, two large upstairs bedrooms with vaulted ceilings, and an expansive secluded back patio. Situated away from the parking garage and street, this private home offers a large living/dining room with a fireplace and sliding doors to the backyard; a Primary Suite with bathroom, walk-in closet, and balcony; and a finished basement flexible for your needs. New paint, refinished hardwood floors, new carpet, and new lighting throughout. Enjoy your own retreat just steps away from the Sunday morning Farmers Market, Draeger's, Trader Joes, Peet's Coffee, and other great shops and eateries. Direct access at the back of the complex to Nealon Park, with its large lawn, vibrant playgrounds, and tennis courts. Easy access to Stanford Shopping Center & Hospital, local freeways, local schools and more. Welcome Home.

Last Agent to Sell the Property

Lori Burrows-Warren

Compass License #01963678 Listed on: 04/18/2022

Compass

Last Buyer's Agent

Marybeth Dorst

Compass License #01345542

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $26,566

Year Built

  • 1981

Lot Details

  • 2,213

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Additional Features

  • 2,213 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Pacific Town Square Association

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$26,566

Year Built

1981

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Zoning: R30000
  • Subclass: Townhouse
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1440
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Basement - Finished
  • Fireplaces Min: 1
  • 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 Block
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Uncovered Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Pacific Town Square
  • HOA Fees: 575
  • HOA Amenities: Community Security Gate
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Pacific Town Square Association

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, Vaulted Ceiling

Lot Info

  • Lot Acres: 0.0508
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2211.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2211.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Finn Barbara
Bought by
Finn Barbara and The Barbara Finn Trust
Current Estimated Value
$2,395,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$458,943
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,936,782

Purchase Details

Closed on
Oct 13, 2016
Sold by
Finn Barbara
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,851
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2014
Sold by
Finn Barbara
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,700
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2003
Sold by
Finn Barbara
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Finn Barbara
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,250
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Finn Barbara
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,600
Interest Rate
6.15%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Finn Barbara
Bought by
Finn Barbara

Purchase Details

Closed on
Jun 8, 1999
Sold by
Pacific Town Square Llc
Bought by
Finn Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

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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
Finn Barbara -- Amrock Llc
Finn Barbara -- Amrock Llc
Finn Barbara -- None Available
Finn Barbara -- None Available
Finn Barbara -- None Available
Finn Barbara -- None Available
Finn Barbara -- --
Finn Barbara -- Ticor Title
Finn Barbara -- American Title
Finn Barbara -- American Title
Finn Barbara -- --
Finn Barbara -- Chicago Title
Finn Barbara -- --
Finn Barbara $671,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Barbara $507,500
Closed Finn Barbara $568,851
Closed Finn Barbara $616,700
Closed Finn Barbara $507,750
Closed Finn Barbara $509,250
Closed Finn Barbara $510,600
Previous Owner Finn Barbara $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $2,080,000 +9.8% $1,444 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $1,895,000 -- $1,316 / 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 $26,566 $2,207,312 $1,103,656 $1,103,656
2023 $26,566 $2,121,600 $1,060,800 $1,060,800
2022 $13,268 $971,814 $485,907 $485,907
2021 $12,865 $952,760 $476,380 $476,380
2020 $12,753 $942,992 $471,496 $471,496
2019 $12,560 $924,502 $462,251 $462,251
2018 $12,221 $906,376 $453,188 $453,188
2017 $11,998 $888,604 $444,302 $444,302
2016 $11,572 $871,182 $435,591 $435,591
2015 $11,424 $858,098 $429,049 $429,049
2014 $11,188 $841,290 $420,645 $420,645
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lori Burrows-Warren

    Compass

    Section Image

  • M

    Buyer's Agent in 2022

    Marybeth Dorst

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81887341

MLSListings

APN: 071-461-040

California San Mateo County Menlo Park 94025 Downtown Menlo Park

718 University Dr, Menlo Park, CA

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