NOT LISTED FOR SALE

724 Oak Grove Ave Unit 7 Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $800,625 - $1,193,000

1 Bed
1 Bath
598 Sq Ft
0.38 Acres

Last Sold September 07, 2016

Last sale price $725,000 $1,212 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,956/month

17 Days on Market

Highlights

  • 0.38 Acre Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • Encinal Elementary School Rated A
  • Subterranean Parking

About This Home

As of September 2016

Charming one bedroom condo in downtown Menlo Park. Unit was completely remodeled approximately two years ago. The tastefully remodeled kitchen features top quality Whirlpool appliances and plentiful cherry cabinetry. Vaulted ceiling in the living room area add to the light filled ambiance of this home. Engineered hardwood floors are throughout. Living room opens to a wrap around deck. The added allure of this unit is that it is in a small condominium development that is located in the heart of downtown Menlo Park within walking distance of Caltrans station as well as easy driving access to major highways. Close proximity to Stanford University and Stanford shopping center. Award winning Menlo Park schools. Includes extra storage.

Last Agent to Sell the Property

Joseph Merkert

Compass License #01365311 Listed on: 08/05/2016

Last Buyer's Agent

Barbara Slaton

Compass License #01855977

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,943

Year Built

  • Built in 1985

Lot Details

  • 0.38

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 598 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Radiant Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, decks, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, reserves, roof
  • Oak Grove Res. Assoc. Association

Listing and Financial Details

  • Assessor Parcel Number 112-170-070

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,943

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 598
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: RC0000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 598
  • Stories: 2
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 260
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Reserves, Roof
  • H O A Name Text: Oak Grove Res. Assoc.
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 112-170-070
  • Lot Acres: 0.3790
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16488.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16488.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Lumpkins Lawrence and Lumpkins Susan A
Bought by
Lumpkins Revocable Trust and Lumpkins
Current Estimated Value
$898,363

Purchase Details

Listed on
Aug 5, 2016
Closed on
Aug 30, 2016
Sold by
Snell Rebecca L
Bought by
Lumpkins Lawrence and Lumpkins Susan
Seller's Agent
Joseph Merkert
Compass
Buyer's Agent
Barbara Slaton
Compass
List Price
$730,000
Sold Price
$725,000
Premium/Discount to List
-$5,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%

Purchase Details

Listed on
Jun 7, 2014
Closed on
Jul 24, 2014
Sold by
Marchi Gene
Bought by
Snell Rebecca L
Seller's Agent
Pamela Culp
Compass
Buyer's Agent
Joseph Merkert
Compass
List Price
$488,000
Sold Price
$602,000
Premium/Discount to List
$114,000
23.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
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
Lumpkins Revocable Trust -- None Listed On Document
Lumpkins Lawrence -- None Listed On Document
Lumpkins Lawrence $725,000 Lawyers Title Company
Snell Rebecca L $602,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $725,000 -0.7% $1,212 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $730,000 +21.3% $1,221 / Sq Ft
07/28/2014 07/28/14 Sold $602,000 +23.4% $1,007 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $488,000 -- $816 / 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 $11,943 $841,419 $252,425 $588,994
2023 $11,943 $808,748 $242,624 $566,124
2022 $11,399 $792,891 $237,867 $555,024
2021 $11,023 $777,345 $233,203 $544,142
2020 $10,919 $769,375 $230,812 $538,563
2019 $10,750 $754,290 $226,287 $528,003
2018 $10,454 $739,500 $221,850 $517,650
2017 $10,255 $725,000 $217,500 $507,500
2016 $8,759 $611,180 $183,354 $427,826
2015 $8,632 $602,000 $180,600 $421,400
2014 $4,423 $233,430 $46,679 $186,751
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Merkert

    Compass

  • B

    Buyer's Agent in 2016

    Barbara Slaton

    Compass

    Section Image
  • Pamela Culp

    Seller's Agent in 2014

    Pamela Culp

    Compass

    (415) 640-3293

    2 in this area

    72 Total Sales

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Map

Source: MLSListings

MLS Number: ML81598733

MLSListings

APN: 112-170-070

California San Mateo County Menlo Park 94025 Downtown Menlo Park

724 Oak Grove Ave Unit 7, Menlo Park, CA

This home is located at 724 Oak Grove Ave Unit 7, Menlo Park, CA 94025 since 05 August 2016 and is currently estimated at $945,156, approximately $1,580 per square foot. This property was built in 1985. 724 Oak Grove Ave Unit 7 is a home located in San Mateo County with nearby schools including Encinal Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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