$3,300,000
SOLD MAR 14, 2025
3 Beds
1.5 Baths
1,380 Sq Ft
8,002 Sq Ft Lot

Recently Sold

$2,391 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • Forced Air Heating System
  • Washer and Dryer
  • 1-Story Property
  • Oak Knoll Elementary School Rated A
  • Dining Area

About This Home

As of March 2025

Rare chance to own a single-family home in the highly sought-after Allied Arts neighborhood of Menlo Park. Perfectly located for ultimate convenience just moments from downtown Palo Alto, downtown Menlo Park, Stanford University, parks, and shopping. This home, offers endless possibilities: live in as-is, remodel to your vision, or build your dream home. Positioned to take full advantage of natural light, the spacious living room features fireplace, complemented by multiple south-facing windows and hardwood floors. The separate dining area with corner windows offers a cheerful space for dining. The kitchen features retro Formica countertops, tile, and a gas range, and is conveniently located off the mudroom with a washer/dryer and half-bath for added convenience. Three generously sized bedrooms, all with hardwood floors, share a full bathroom. The expansive lot features mature guava and persimmon trees and offering incredible potential for future development. Existing plans-pending recording to subdivide the lot and build two single-family homes. With highly rated Menlo Park schools this property offers tremendous potential for investors or those looking to make their mark in one of the most coveted areas of the Peninsula.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 01/26/2025

Compass

Co-Listed By

Talia Citron

Compass License #01987761

Last Buyer's Agent

Jennifer Yiu

Redfin License #02096586

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,434

Year Built

  • Built in 1947

Lot Details

  • 8,002 Sq Ft Lot
  • Zoning described as R20000

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 071-413-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,434

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 1380
  • Year Built: 1947
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1380
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Oak Knoll Elementary
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 663

Lot Info

  • Parcel Number: 071-413-010
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

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
Jan 26, 2025
Closed on
Mar 13, 2025
Sold by
Partridge Home Lp
Bought by
Xie Xueying and Yuan Eric
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Jennifer Yiu
Redfin
List Price
$3,475,000
Sold Price
$3,300,000
Premium/Discount to List
-$175,000
-5.04%
Views
45
Current Estimated Value
$3,339,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,023
Avg. Annual Appreciation
2.65%
Original Mortgage
$900,000
Outstanding Balance
$896,994
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$2,442,029

Purchase Details

Closed on
Jan 28, 2021
Sold by
785 Partridge Llc
Bought by
Partridge Home Lp

Purchase Details

Closed on
Oct 23, 2020
Sold by
Wertz Karen G and Wertz Adam
Bought by
785 Patridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2007
Sold by
Wertz Karen G
Bought by
Wertz Karen G and Wertz Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2003
Sold by
Rising Robert H
Bought by
Wertz Karen G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,300,000 Lawyers Title
Grant Deed $2,975,000 Old Republic Title Company
Grant Deed $2,500,000 Old Republic Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $1,487,500 Credit Line Revolving
Previous Owner $2,125,000 Commercial
Previous Owner $575,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $3,300,000 -5.0% $2,391 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $3,475,000 -- $2,518 / 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 $37,434 $3,220,234 $3,111,992 $108,242
2023 $37,434 $3,095,190 $2,991,150 $104,040
2022 $35,749 $3,034,500 $2,932,500 $102,000
2021 $34,223 $2,900,000 $2,800,000 $100,000
2020 $3,706 $112,933 $62,078 $50,855
2019 $3,626 $110,719 $60,861 $49,858
2018 $3,489 $108,549 $59,668 $48,881
2017 $3,373 $106,422 $58,499 $47,923
2016 $3,115 $104,336 $57,352 $46,984
2015 $3,022 $102,770 $56,491 $46,279
2014 $2,905 $100,758 $55,385 $45,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81989613

MLSListings

APN: 071-413-010