NOT LISTED FOR SALE

772 Partridge Ave Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,811,000 - $4,196,874

4 Beds
2 Baths
2,311 Sq Ft
$1,552/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $2,850,000 $1,233 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $22,183/month

9 Days on Market

Highlights

  • Wood Flooring
  • Park or Greenbelt View
  • Balcony
  • Oak Knoll Elementary School Rated A
  • Granite Countertops
  • Security Gate

About This Home

As of July 2016

Ranch Style late 1950's Duplex located in the coveted Allied Arts district of downtown Menlo Park. Situated less than a block from El Camino Real this central location cannot be beat! Nearby parks include Nealon Park, Little House Recreation Center and Burgess Park. There are two side by side flats both offering two bedrooms and one bath. The premium all level 9350 square foot lot offers plenty of yard and off street parking. Both units will be delivered vacant which makes it perfect for the owner occupant seeking rental income or for the developer looking and upside potential based on the prime location and lot size! Sunday Open House 7/17 1:00-5:00

Last Agent to Sell the Property

David Otero

Corcoran Icon Properties License #01107560 Listed on: 07/10/2016

Corcoran Icon Properties

Last Buyer's Agent

Jackie Schoelerman

Coldwell Banker Realty License #01092400

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,725

Year Built

  • 1958

Lot Details

  • 9,365 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,311 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Park or Greenbelt Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,725

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Ranch
  • Age: 58
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2311
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 2311
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • View: Park
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Common Parking Area, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Security Gate

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

Lot Info

  • Lot Description: Corners Marked - No, Grade - Level, Paved
  • Lot Acres: 0.2150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9347.98
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9347.98

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Tankless Water Heater

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 1950.95

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Parking, Fee - Property Management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Jul 21, 2016
Sold by
Rivas Richard Randall
Bought by
Koo Shane and Koo Carlos
Seller's Agent
David Otero
Corcoran Icon Properties
Buyer's Agent
Jackie Schoelerman
Coldwell Banker Realty
List Price
$1,949,000
Sold Price
$2,850,000
Premium/Discount to List
$901,000
46.23%
Total Days on Market
9
Current Estimated Value
$3,585,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,969
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Oct 18, 2004
Sold by
Rivas B Sueann and Rivas Richard R
Bought by
Rivas B Sueann and Rivas Richard R

Purchase Details

Closed on
Dec 23, 1993
Sold by
Rivas William and Sueann Rivas B
Bought by
Rivas William D and Sueann Rivas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.67%

Purchase Details

Closed on
Dec 14, 1993
Sold by
Rivas William and Sueann Rivas B
Bought by
Rivas William and Sueann Rivas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.67%
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
Koo Shane $2,850,000 Old Republic Title Company
Rivas B Sueann -- --
Rivas William D -- --
Rivas William -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koo Shane $1,863,050
Previous Owner Rivas William $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $2,850,000 +46.2% $1,233 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $1,949,000 -- $843 / 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 $31,725 $2,500,000 $1,725,000 $775,000
2023 $31,725 $2,500,000 $1,725,307 $774,693
2022 $34,666 $2,820,000 $1,946,145 $873,855
2021 $37,698 $3,107,281 $2,144,404 $962,877
2020 $37,480 $3,075,421 $2,122,416 $953,005
2019 $36,944 $3,015,120 $2,080,800 $934,320
2018 $35,760 $2,932,000 $2,040,000 $892,000
2017 $34,930 $2,850,000 $2,000,000 $850,000
2016 $7,509 $402,522 $140,878 $261,644
2015 $7,337 $396,476 $138,762 $257,714
2014 $7,095 $388,710 $136,044 $252,666
Source: Public Records

Agents Affiliated with this Home

  • David Otero

    Seller's Agent in 2016

    David Otero

    Corcoran Icon Properties

    (510) 869-4239

    15 Total Sales

    David Otero
    Section Image

  • J

    Buyer's Agent in 2016

    Jackie Schoelerman

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81594465

MLSListings

APN: 071-412-400

California San Mateo County Menlo Park 94025 Downtown Menlo Park

772 Partridge Ave, Menlo Park, CA

This home is located at 772 Partridge Ave, Menlo Park, CA 94025 since 10 July 2016 and is currently estimated at $3,585,969, approximately $1,551 per square foot. This property was built in 1958. 772 Partridge Ave is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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