NOT LISTED FOR SALE

Estimated Value: $3,999,000 - $4,459,000

3 Beds
2 Baths
1,810 Sq Ft
$2,296/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $3,525,000 $1,948 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $25,386/month

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Workshop
  • Laurel Elementary School Rated A
  • Covered Patio or Porch
  • Separate Outdoor Workshop

About This Home

As of August 2023

This vintage ranch style home freshly painted. Includes 3 bedrooms, 2 bathrooms, an extra large 20,272 SQ FT lot (per county record) in the highly desirable Menlo Oaks area. Fully fenced in a spacious and private back, front and sides yards with many fruit trees and flowering plants. Conveniently located close to Menlo Park Schools, Facebook, downtown Menlo Park, downtown Palo Alto, Stanford Shopping, and major routes offering easy access to all Bay Area amenities. This unique opportunity allows you to move in or build your dream home. On the market for the first time in over 68 years, with roots dating back to 1955.

Last Agent to Sell the Property

Rona Arjomand

Avenue Properties License #01509308 Listed on: 07/20/2023

Last Buyer's Agent

Valerie Smith

License #01808822

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,026

Year Built

  • Built in 1955

Lot Details

  • 0.47 Acre Lot
  • Back and Front Yard
  • Property is zoned R10025

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Partial Copper Plumbing

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Well
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 9 / 9
  • Assessor Parcel Number 062190010
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,026

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 650-714-2490
  • Other Phone Number: 650-714-2490
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Well Report: Yes
  • Zoning: R10025
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 062190010
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1810.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Sunken Living Room, Tile Counters
  • Stories: 1
  • Entry Location: Front yard
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1947.51
  • Room Type: Entry, Family Room, Kitchen, Living Room, Master Bedroom, Workshop

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • Patio And Porch Features: Concrete, Covered, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven
  • Heating Type: Fireplace(s), Floor Furnace, Natural Gas, Wood
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Park

Schools

  • School District: San Mateo Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 20272.00
  • Lot Size Acres: 0.4654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20272.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 6139.00
  • Tax Lot: 9
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Falasinnu Titilola Oluwatosin and Falasinnu Oluwatosin John
Bought by
Falasinnu Family Trust and Falasinnu
Current Estimated Value
$4,155,640

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 21, 2023
Sold by
James Ferrando Revocable Trust
Bought by
Falasinnu Oluwatosin and Falasinnu Titilola
Seller's Agent
Rona Arjomand
Avenue Properties
Buyer's Agent
Valerie Smith
List Price
$3,988,000
Sold Price
$3,525,000
Premium/Discount to List
-$463,000
-11.61%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$2,115,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2015
Sold by
Ferrando James
Bought by
Ferrando James and James Ferrando Revocable Trust

Purchase Details

Closed on
Jan 22, 2013
Sold by
Ferrando James
Bought by
Ferrando James

Purchase Details

Closed on
Dec 7, 2012
Sold by
Ferrando Lena
Bought by
Ferrando James

Purchase Details

Closed on
Oct 31, 2008
Sold by
Ferrando Lena
Bought by
Ferrando Lena
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
Falasinnu Family Trust -- None Listed On Document
Falasinnu Oluwatosin $3,525,000 Old Republic Title
Ferrando James -- None Available
Ferrando James -- None Available
Ferrando James -- None Available
Ferrando James -- None Available
Ferrando Lena -- None Available
Ferrando Lena -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falasinnu Oluwatosin $2,115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $3,525,000 -11.6% $1,948 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $3,988,000 -- $2,203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $41,026 $3,595,500 $3,544,500 $51,000
2023 $41,026 $163,239 $67,127 $96,112
2022 $4,386 $160,039 $65,811 $94,228
2021 $4,104 $156,902 $64,521 $92,381
2020 $4,017 $155,294 $63,860 $91,434
2019 $3,938 $152,250 $62,608 $89,642
2018 $3,804 $149,266 $61,381 $87,885
2017 $3,694 $146,340 $60,178 $86,162
2016 $3,429 $143,472 $58,999 $84,473
2015 $3,336 $141,318 $58,113 $83,205
2014 $2,377 $138,551 $56,975 $81,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23125464

California Regional Multiple Listing Service (CRMLS)

APN: 062-190-010