NOT LISTED FOR SALE

8 Garland Place Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $5,528,000 - $6,350,000

4 Beds
3 Baths
2,940 Sq Ft
$2,017/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $5,151,000 $1,752 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $35,678/month

38 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Forced Air Heating System
  • Oak Knoll Elementary School Rated A
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of July 2024

HUGE $503K PRICE REDUCTION! Location is everything, & this home sits on a superb street on an extra wide lot in the highly desirable Central Menlo neighborhood! A prime court location off a tree lined street w/ shovel ready & approved plans to build a brand new single family home w/ apx. 7,385SF of living space including 5 bedrooms, 6.5 bathrooms, w/ a full basement, home theatre, gym, wet bar, recreation room, sauna, & an attached ADU w/ 1 bedroom 1 bathroom. Apx. 4,505SF single family home, 2,081SF basement, 799SF attached ADU, & 490SF garage. Conveniently located near downtown Menlo Park, top rated schools, Stanford Shopping Center, parks, & some of Silicon Valley's best shopping & dining! A special opportunity to build your dream home in such an amazing neighborhood! Seller can also be engaged to build property per the approved plans for apx. $5.5M+/- depending on finishes!

Last Agent to Sell the Property

Chris Sabido

eXp Realty of California Inc License #01712312 Listed on: 10/02/2023

eXp Realty of California Inc

Last Buyer's Agent

ShopProp Realty

ShopProp, Inc License #01881220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,745

Year Built

  • Built in 1950

Lot Details

  • 0.35 Acre Lot
  • Zoning described as R10010

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 071-364-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,745

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2940
  • Year Built: 1950
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2940
  • Stories: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 071-364-030
  • Lot Acres: 0.3535
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15400.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jul 11, 2024
Sold by
Garland Home Llc
Bought by
Rvn Ventures Llc
Seller's Agent
Chris Sabido
eXp Realty of California Inc
Buyer's Agent
ShopProp Realty
ShopProp, Inc
List Price
$5,998,000
Sold Price
$5,151,000
Premium/Discount to List
-$847,000
-14.12%
Views
67
Current Estimated Value
$5,928,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$777,982
Avg. Annual Appreciation
11.62%
Original Mortgage
$7,700
Outstanding Balance
$1,340
Interest Rate
7.03%
Mortgage Type
Construction
Estimated Equity
$5,927,642

Purchase Details

Closed on
Aug 20, 2021
Sold by
Veader Joan L and Joan L Veader Trust
Bought by
Garland Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2009
Sold by
Veader Joan L
Bought by
Veader Joan L
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
Rvn Ventures Llc $5,151,000 Provident Title Company
Garland Home Llc $4,650,000 Fidelity National Title Co
Veader Joan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rvn Ventures Llc $7,700
Previous Owner Garland Home Llc $2,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $5,151,000 -6.3% $1,752 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/02/2023 11/02/23 Price Changed $5,495,000 -8.4% $1,869 / Sq Ft
10/02/2023 10/02/23 For Sale $5,998,000 -- $2,040 / 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 $55,745 $7,595,000 $5,000,000 $2,595,000
2023 $55,745 $4,743,000 $4,539,000 $204,000
2022 $53,277 $4,650,000 $4,450,000 $200,000
2021 $3,893 $229,696 $70,407 $159,289
2020 $3,849 $227,342 $69,686 $157,656
2019 $3,766 $222,885 $68,320 $154,565
2018 $3,644 $218,516 $66,981 $151,535
2017 $3,546 $214,232 $65,668 $148,564
2016 $3,443 $210,032 $64,381 $145,651
2015 $3,366 $206,878 $63,414 $143,464
2014 $3,253 $202,826 $62,172 $140,654
Source: Public Records

Agents Affiliated with this Home

  • Chris Sabido

    Seller's Agent in 2024

    Chris Sabido

    eXp Realty of California Inc

    (650) 922-8888

    1 in this area

    70 Total Sales

    Chris Sabido
    Section Image
  • ShopProp Realty

    Buyer's Agent in 2024

    ShopProp Realty

    ShopProp, Inc

    (888) 821-0556

    3 in this area

    1,105 Total Sales

    ShopProp Realty
    Section Image
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Map

Source: MLSListings

MLS Number: ML81943786

MLSListings

APN: 071-364-030

California San Mateo County Menlo Park 94025 Central Menlo Park

8 Garland Place, Menlo Park, CA

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