NOT LISTED FOR SALE

773 Partridge Ave Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,763,000 - $5,383,000

8 Beds
5 Baths
4,512 Sq Ft
$928/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $3,437,000 $762 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $25,583/month

282 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Granite Countertops
  • Oak Knoll Elementary School Rated A
  • Attic
  • Balcony

About This Home

As of November 2019

This unique multi-unit recently remodeled property is located on a tree-lined street in the Allied Arts neighborhood of Menlo Park. Each unit provides open concept living. The lower level is comprised of a 3/BR 1.5/BA unit that features a marble fireplace in the living room. The second unit on the lower level offers a french door entry into a darling 2/BR 1/BA that has been updated throughout. The third unit 3BR/2BA encompasses the entire second floor. A massive great room as you enter is perfect for entertaining. The expansive deck off the living room offers year round entertaining. Granite counter tops, a Thermadore stove, and wine storage complete the open concept kitchen. The master BR features a marble fireplace for cool seasonal evenings. The property is situated on a 7,500 SQ FT lot (per county records) and provides 4,490 SQ FT of living space (per appraisal). This is a perfect property for an investor or a multi-generational home. Rental income is estimated.

Last Agent to Sell the Property

Grayson Martin

Compass License #02057945 Listed on: 01/19/2019

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,352

Year Built

  • 1947

Lot Details

  • 7,501 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Duplex
  • Custom Home
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 4,512 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Washer and Dryer
  • Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Radiant Heating System
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $198,600

Community Details

Overview

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Utility Expense $2,700
  • Trash Expense $340
  • Operating Expense $56,440
  • Gross Income $198,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,352

Year Built

1947

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Custom
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4512
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Trash Compactor
  • Living Sq Ft: 4512
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Attic, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Parking Restrictions, Tandem Parking, Varies By Unit

Utilities

  • Heating System: Central Forced Air - Gas, Electric, Fireplace, Radiant, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

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: Grade - Level
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 19.39

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expenses Total: 56440
  • Expenses Utility: 2700
  • Expense Trash: 340
  • Income Annual Gross: 198600.00
  • Income Annual Rental: 198600
  • Income Gross Scheduled: 198600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
Nov 7, 2019
Sold by
Cavallaro Massimo L and The Massimo Cavallaro Trust
Bought by
Poux Phillippe Andre Edouard and Poux Elizabeth Jo Hur
Seller's Agent
Grayson Martin
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,850,000
Sold Price
$3,437,000
Premium/Discount to List
-$413,000
-10.73%
Current Estimated Value
$4,185,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,084
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Jun 20, 2017
Sold by
Cavallaro Massimo L and Brown Aimee E
Bought by
Cavallaro Massimo L and Massimo Cavallaro Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2017
Sold by
Brown Paul
Bought by
Brown Aimee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2017
Sold by
Cavallaro Massimo L
Bought by
Cavallaro Massimo L and Brown Aimee E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2015
Sold by
Cavallaro Massimo L
Bought by
Cavallaro Massimo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2015
Sold by
Cavallaro Massimo L
Bought by
Cavallaro Massimo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 28, 2015
Sold by
Cavallaro Galyna
Bought by
Cavallaro Massimo L

Purchase Details

Closed on
Nov 6, 2013
Sold by
Cavallaro Massimo L
Bought by
Cavallaro Massimo L

Purchase Details

Closed on
Dec 8, 2004
Sold by
Cavallaro Massimo L
Bought by
Pastorius Andrew S and Pastorius Lilly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2004
Sold by
Pastorius Andrew S and Pastorius Lilly C
Bought by
Cavallaro Massimo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Cavallaro Massimo L
Bought by
Pastorius Andrew S and Pastorius Lilly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2004
Sold by
Pastorius Andrew S and Pastorius Lilly C
Bought by
Cavallaro Massimo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2000
Sold by
Pastorius Andrew S & L C Trs and Massimo Cavallaro
Bought by
Pastorius Andrew S and Pastorius Lilly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.39%

Purchase Details

Closed on
Jul 13, 1994
Sold by
Pastorius Andrew S and Pastorius Lilly C
Bought by
Pastorius Andrew S and Pastorius Lilly 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
Poux Phillippe Andre Edouard $3,437,000 Fidelity National Title Co
Cavallaro Massimo L -- None Available
Brown Aimee E -- Chicago Title Co
Cavallaro Massimo L $287,500 Orange Coast Title Co Norcal
Cavallaro Massimo L -- None Available
Cavallaro Massimo L -- None Available
Cavallaro Massimo L -- None Available
Cavallaro Massimo L -- None Available
Cavallaro Massimo L -- None Available
Cavallaro Massimo L -- None Available
Pastorius Andrew S -- --
Cavallaro Massimo L -- Old Republic Title Company
Pastorius Andrew S -- --
Cavallaro Massimo L -- --
Pastorius Andrew S -- Commonwealth Land Title Ins
Pastorius Andrew S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavallaro Massimo L $575,000
Previous Owner Cavallaro Massimo L $480,000
Previous Owner Cavallaro Massimo L $350,000
Previous Owner Cavallaro Massimo L $125,000
Previous Owner Cavallaro Massimo $100,000
Previous Owner Cavallaro Massimo L $200,000
Previous Owner Cavallaro Massimo L $200,000
Previous Owner Pastorius Andrew S $170,000
Previous Owner Pastorius Andrew S $170,000
Closed Pastorius Andrew S $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $3,437,000 -10.7% $762 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $3,850,000 +12.0% $853 / Sq Ft
08/29/2019 08/29/19 Off Market $3,437,000 -- --
08/29/2019 08/29/19 For Sale $3,850,000 0.0% $853 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $3,850,000 -10.2% $853 / Sq Ft
01/19/2019 01/19/19 For Sale $4,288,000 -- $950 / 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 $33,352 $2,700,510 $1,156,948 $1,543,562
2023 $33,352 $2,595,648 $1,112,023 $1,483,625
2022 $31,806 $2,544,754 $1,090,219 $1,454,535
2021 $31,141 $2,494,858 $1,068,843 $1,426,015
2020 $30,872 $2,469,277 $1,057,884 $1,411,393
2019 $6,796 $284,429 $32,952 $251,477
2018 $6,559 $278,853 $32,306 $246,547
2017 $6,361 $273,386 $31,673 $241,713
2016 $6,025 $268,026 $31,052 $236,974
2015 $5,860 $264,001 $30,586 $233,415
2014 $5,638 $258,830 $29,987 $228,843
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Grayson Martin

    Compass

    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81750103

MLSListings

APN: 071-413-020

California San Mateo County Menlo Park 94025 Downtown Menlo Park

773 Partridge Ave, Menlo Park, CA

This home is located at 773 Partridge Ave, Menlo Park, CA 94025 since 19 January 2019 and is currently estimated at $4,185,084, approximately $927 per square foot. This property was built in 1947. 773 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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