NOT LISTED FOR SALE

Estimated Value: $2,895,000 - $3,628,000

2 Beds
1 Bath
957 Sq Ft
$3,423/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Balcony
  • Storage Room
  • Oak Knoll Elementary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Jack W. Lyle Park

About This Home

As of April 2024

Welcome home to this charming ground level 2 bedroom, 1 bath unit that lives like a single family home with no shared walls. Enter into the charming living room with vaulted ceilings, fireplace, and built-in cabinetry. The spacious kitchen features granite counters, plentiful cabinet space, a pantry, recessed lighting, and a suite of stainless-steel appliances including gas range, dishwasher, microwave, and refrigerator. The two good-size bedrooms share a bathroom with large tile shower. Multiple doors lead to the enchanting private yard with brick patio, large shade tree, and hedges for privacy. Included is a carport and storage unit. Shared laundry room with only two other units. Children attend top-Menlo Park Schools including Oak Knoll Elementary, Hillview Middle, and Menlo-Atherton High. Opportunities for recreation are nearby at both Lyle Park and Nealon Park. Shopping and dining in Downtown Menlo Park are mere minutes away. Water and trash are included in the rent. No pets.

Last Agent to Rent the Property

Heng Seroff Group

Keller Williams Palo Alto License #70010137 Listed on: 02/09/2024

Last Renter's Agent

Heng Seroff Group

Keller Williams Palo Alto License #70010137 Listed on: 02/09/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $40,039

Year Built

  • 1951

Lot Details

  • 5,619

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Storage Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Additional Features

  • Balcony
  • Back Yard

Community Details

Listing and Financial Details

  • Security Deposit $4,398
  • Property Available on 3/12/24
  • Rent includes gardener, hot water, laundry facilities, sewer, trash removal, water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$40,039

Year Built

1951

Lot Details

0

Rental Info

  • Available: 03/12/2024
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener, Hot Water, Laundry Facilities, Sewer, Trash Removal, Water
  • Security Deposit: 4398

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Age: 73
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 957
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 957
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

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

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Oak Knoll Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 663
  • Middle School: 642

Green Features

  • Energy Features: Thermostat Controller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Graff Annette P and The Annette P Graff Trust
Bought by
Halun Antonio Layon and Moreira Rebecca
Current Estimated Value
$3,275,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Outstanding Balance
$1,602,514
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,672,994

Purchase Details

Closed on
May 15, 2009
Sold by
Graff Annette P
Bought by
Graff Annette P and The Annette P Graff Trust

Purchase Details

Closed on
Dec 12, 2008
Sold by
Graff Annette P and The Josie Hadley Living Trust
Bought by
Graff Annette P

Purchase Details

Closed on
Jul 12, 2005
Sold by
Hadley Josefa
Bought by
Hadley Josie and The Josie Hadley Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2005
Sold by
Graff Nancy C and Graff 1997 Revocable T Nancy C
Bought by
Hadley Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 1997
Sold by
Graff Nancy
Bought by
Graff Nany C and Graff 1997 Revocable T Nancy C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Halun Antonio Layon $2,950,000 First American Title Company
Graff Annette P -- None Available
Graff Annette P -- None Available
Hadley Josie -- --
Hadley Josefa $1,000,000 Alliance Title Company
Graff Nany C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halun Antonio Layon $1,770,000
Previous Owner Hadley Josefa $483,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Rented $4,155 -5.5% --
04/17/2024 04/17/24 Under Contract -- -- --
04/02/2024 04/02/24 Price Changed $4,398 -2.2% $5 / Sq Ft
03/12/2024 03/12/24 Price Changed $4,498 -4.2% $5 / Sq Ft
02/28/2024 02/28/24 Price Changed $4,695 -5.2% $5 / Sq Ft
02/09/2024 02/09/24 For Rent $4,950 -- --
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 $40,039 $3,193,173 $2,435,472 $757,701
2023 $40,039 $3,069,180 $2,340,900 $728,280
2022 $38,177 $3,009,000 $2,295,000 $714,000
2021 $21,140 $1,456,176 $970,786 $485,390
2020 $20,945 $1,441,245 $960,832 $480,413
2019 $20,584 $1,412,987 $941,993 $470,994
2018 $20,004 $1,385,282 $923,523 $461,759
2017 $19,592 $1,358,120 $905,415 $452,705
2016 $18,979 $1,331,491 $887,662 $443,829
2015 $18,676 $1,311,492 $874,329 $437,163
2014 $18,208 $1,285,803 $857,203 $428,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81953873

MLSListings

APN: 071-291-220