NOT LISTED FOR SALE

720 University Dr Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,084,000 - $3,627,000

2 Beds
2.5 Baths
2,250 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $1,360,000 $604 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $14,916/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • High Ceiling
  • Encinal Elementary School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of July 2013

Come see this desirable townhome with well appointed 2-story floor plan, fine finishes and high ceilings in downtown Menlo Park. Enjoy the convenience of close proximity to boutiques and restaurants along with the fun of living in the heart of town! A lovely patio & garden is perfect for entertaining.

Last Agent to Sell the Property

Leslie Woods

Christie's International Real Estate Sereno License #01855901 Listed on: 06/21/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Suzie Provo

Compass License #00892974

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,144

Year Built

  • Built in 1981

Lot Details

  • Security Fence

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Central Vacuum
  • High Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Uncovered Parking

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, common area electricity, exterior painting, fencing, insurance - common area, insurance - liability
  • Pacific Town Square Association

Listing and Financial Details

  • Assessor Parcel Number 071-461-030

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,144

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Sale Price Per Sq Ft: 604.44
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 25
  • Structure Sq Ft: 2250
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 4
  • Map Top Coordinate: F
  • Thomas Bros Page: 790
  • Thomas Brothers: F4
  • Year Built: 1981
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Microwave, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2250
  • Security: Security Gate, Security Fence
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Uncovered Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 465
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Pacific Town Square
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Built-in Vacuum

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-461-030
  • List Price per Sq Ft: 526.67
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1272.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1272.00
  • Lot Size Area Min Search: 1272.00
  • Maximum Lot Size: 1272.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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
Jun 21, 2013
Closed on
Jul 17, 2013
Sold by
Segall Mark and Segall Nikki
Bought by
Kennedy John P and Kennedy Irene M
Seller's Agent
Leslie Woods
Christie's International Real Estate Sereno
Buyer's Agent
Suzie Provo
Compass
List Price
$1,185,000
Sold Price
$1,360,000
Premium/Discount to List
$175,000
14.77%
Current Estimated Value
$2,704,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,344,208
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,088,000
Outstanding Balance
$750,629
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,953,579

Purchase Details

Closed on
Nov 1, 2012
Sold by
Segall Mark and Segall Nikki
Bought by
Segall Mark and Segall Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Segall Mark and Segall Nikki
Bought by
Segall Mark and Segall Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,600
Interest Rate
5.89%

Purchase Details

Closed on
Aug 8, 2002
Sold by
Segall Mark M and Segall Nikki
Bought by
Segall Mark and Segall Nikki

Purchase Details

Closed on
May 7, 2002
Sold by
Rigg Charles G and Rigg Jean K
Bought by
Segall Mark M and Segall Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Pacific Town Square Llc
Bought by
Rigg Charles G and Rigg Jean K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
8%
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
Kennedy John P $1,360,000 Chicago Title Company
Segall Mark -- First American Title Company
Segall Mark -- First American Title Company
Segall Mark -- First American Title Co
Segall Mark M $833,000 First American Title Co
Rigg Charles G $696,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy John P $1,088,000
Previous Owner Segall Mark $581,000
Previous Owner Segall Mark $647,600
Previous Owner Segall Mark M $650,000
Previous Owner Rigg Charles G $452,000
Closed Rigg Charles G $34,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $1,360,000 +14.8% $604 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $1,185,000 -- $527 / 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 $9,144 $575,168 $375,304 $199,864
2023 $9,144 $552,836 $360,732 $192,104
2022 $8,667 $541,997 $353,659 $188,338
2021 $8,325 $531,371 $346,725 $184,646
2020 $8,228 $525,923 $343,170 $182,753
2019 $8,091 $515,612 $336,442 $179,170
2018 $7,851 $505,503 $329,846 $175,657
2017 $7,679 $495,592 $323,379 $172,213
2016 $7,337 $485,876 $317,039 $168,837
2015 $7,216 $478,578 $312,277 $166,301
2014 $7,040 $469,204 $306,160 $163,044
Source: Public Records

Agents Affiliated with this Home

  • Leslie Woods

    Seller's Agent in 2013

    Leslie Woods

    Sereno Group

    (650) 796-9580

    4 in this area

    68 Total Sales

    Leslie Woods
    Section Image

  • S

    Buyer's Agent in 2013

    Suzie Provo

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81322432

MLSListings

APN: 071-461-030

California San Mateo County Menlo Park 94025 Downtown Menlo Park

720 University Dr, Menlo Park, CA

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