NOT LISTED FOR SALE

Estimated Value: $2,452,000 - $6,750,529

3 Beds
2 Baths
4,853 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $4,768,000 $982 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $34,256/month

14 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Forced Air Heating System
  • Oak Knoll Elementary School Rated A
  • 2 Car Detached Garage
  • Dining Room

About This Home

As of July 2016

Incredible and rare opportunity-Chic designer main home almost entirely rebuilt in 2004 with acute attention to detail. Beautifully appointed with hardwood floors, stunning gourmet kitchen with Carrera marble, onyx island, and stainless steel appliances. Luxurious master bedroom and bathroom with heated floors and free standing tub. Two additional bedrooms on first floor with beautiful trim and wood windows. Spacious upper-level enormous room that offers flexible use as a wonderful home office or extra bedrooms. PLUS on the property is a remodeled apartment building which consists of a 1-bed, 1/bath and a 2 bedroom 1-bath unit, hardwood floors, with a 1-car garage and a dedicated parking space-current rent for apartment $5,900. This is a unique opportunity with flexible uses and tremendous income potential. The total square footage is all inclusive-buyer to verify. Within blocks to downtown Menlo Park, Palo Alto, shops, restaurants and Stanford University.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 06/13/2016

Compass

Last Buyer's Agent

Dan Hunnicutt

Compass License #01368148

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R20000

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,853 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Marble Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 071-413-350

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4853
  • Year Built: 1926
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Countertop - Stone
  • Living Sq Ft: 4853
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Parking Restrictions

Utilities

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

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-413-350
  • Lot Acres: 0.2580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11242.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11242.00

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jun 29, 2016
Sold by
Adams Peter A and Adams Nyla V
Bought by
Fan Yi
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Dan Hunnicutt
Compass
List Price
$4,898,000
Sold Price
$4,768,000
Premium/Discount to List
-$130,000
-2.65%
Current Estimated Value
$5,615,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,132
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Apr 24, 2003
Sold by
Lencioni Eugene J
Bought by
Adams Peter A and Adams Nyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.72%

Purchase Details

Closed on
Mar 15, 1994
Sold by
Lencioni Eugene J and Lencioni Robert J
Bought by
Urban Helen Lencioni
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fan Yi $4,768,000 Lawyers Title Company
Adams Peter A $1,000,000 First American Title Company
Urban Helen Lencioni $570,000 First American Title Ins Co
Lencioni Eugene J -- First American Title Ins Co
Lencioni Robert J -- First American Title Ins Co
Lencioni Louis J -- --
Lencioni Louis J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Peter A $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $4,768,000 -2.7% $982 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $4,898,000 -- $1,009 / Sq Ft
Source: MLSListings

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 $64,997 $5,533,666 $2,766,833 $2,766,833
2023 $64,997 $5,318,790 $2,659,395 $2,659,395
2022 $62,067 $5,214,500 $2,607,250 $2,607,250
2021 $60,984 $5,112,256 $2,556,128 $2,556,128
2020 $60,659 $5,059,838 $2,529,919 $2,529,919
2019 $59,796 $4,960,626 $2,480,313 $2,480,313
2018 $58,308 $4,863,360 $2,431,680 $2,431,680
2017 $57,414 $4,768,000 $2,384,000 $2,384,000
2016 $20,445 $1,470,728 $611,729 $858,999
2015 $20,131 $1,448,638 $602,541 $846,097
2014 $19,641 $1,420,264 $590,739 $829,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81590270

MLSListings

APN: 071-413-350

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