NOT LISTED FOR SALE

Estimated Value: $6,404,000 - $8,753,646

3 Beds
2.5 Baths
3,220 Sq Ft
$2,472/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $3,500,000 $1,087 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $47,412/month

34 Days on Market

Highlights

  • Vaulted Ceiling
  • Marble Flooring
  • 3 Fireplaces
  • Oak Knoll Elementary School Rated A
  • Marble Bathroom Countertops
  • Formal Dining Room

About This Home

As of July 2015

Gorgeous One Story Custom Built! High Ceilings, Elegant Living Room with Fireplace. Gourmet Kitchen with Center Island, Separate Family Room with 16ft+/- Ceilings, Exquisite Master Suite with Dual Closets and Private Master Bath Overlooking Garden. Award Winning Menlo Park Schools!

Last Agent to Sell the Property

Keri Nicholas

Compass License #01198898 Listed on: 05/22/2015

Compass

Last Buyer's Agent

Loren Dakin

Compass License #01030193

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,412

Year Built

  • Built in 1999

Lot Details

  • 10,716 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10010

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,220 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Built-In Barbecue
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 071-232-280

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,412

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3220
  • Year Built: 1999
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Built-in BBQ Grill, Cooktop - Gas, Dishwasher, Garbage Disposal, Hookups - Gas, Ice Maker, Island with Sink, Microwave, Oven - Built-In, Oven - Gas, Oven - Self Cleaning, Refrigerator, Skylight
  • Living Sq Ft: 3220
  • Stories: 1
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Pass Through, Marble, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-232-280
  • Lot Acres: 0.2460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10710.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10710.00

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities

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

Closed on
Nov 25, 2019
Sold by
Cheng Albert Y and Cheng Cheryl T
Bought by
Cheng Albert Yo Ming and Cheng Cheryl Tam
Current Estimated Value
$7,961,412

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 13, 2015
Sold by
Owen Patricia G
Bought by
Cheng Albert Y and Cheng Cheryl T
Seller's Agent
Keri Nicholas
Compass
Buyer's Agent
Loren Dakin
Compass
List Price
$3,698,000
Sold Price
$3,500,000
Premium/Discount to List
-$198,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$2,450,000
Outstanding Balance
$1,833,243
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,128,169

Purchase Details

Closed on
Nov 15, 2010
Sold by
Owen Patricia G
Bought by
Owen Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Owen Patricia
Bought by
Owen Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Owen Patricia G
Bought by
Owen Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2000
Sold by
Owen Patricia G
Bought by
Owen Patricia G

Purchase Details

Closed on
Apr 23, 1997
Sold by
Pearl Moore and Pearl John R
Bought by
Owen Patricia G
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
Cheng Albert Yo Ming -- None Available
Cheng Albert Y $3,500,000 Lawyers Title Company
Owen Patricia G -- Accommodation
Owen Patricia G -- Fidelity National Title Co
Owen Patricia G -- Fidelity National Title Co
Owen Patricia -- Fidelity National Title Co
Owen Patricia G -- Old Republic Title Company
Owen Patricia G -- Old Republic Title Company
Owen Patricia G -- --
Owen Patricia G $705,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Albert Y $2,450,000
Previous Owner Owen Patricia G $625,000
Previous Owner Owen Patricia $625,000
Previous Owner Owen Patricia G $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2015 07/14/15 Sold $3,500,000 -5.4% $1,087 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $3,698,000 -- $1,148 / 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 $66,412 $5,940,262 $2,071,644 $3,868,618
2023 $66,412 $5,709,596 $1,991,200 $3,718,396
2022 $63,487 $5,597,644 $1,952,157 $3,645,487
2021 $62,400 $5,487,887 $1,913,880 $3,574,007
2020 $62,128 $5,431,616 $1,894,256 $3,537,360
2019 $61,311 $5,325,114 $1,857,114 $3,468,000
2018 $59,848 $5,220,700 $1,820,700 $3,400,000
2017 $29,249 $2,434,000 $1,785,000 $649,000
2016 $40,843 $3,500,000 $1,750,000 $1,750,000
2015 $13,185 $1,012,840 $478,031 $534,809
2014 $12,924 $993,001 $468,668 $524,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81466537

MLSListings

APN: 071-232-280