NOT LISTED FOR SALE

Estimated Value: $4,480,000 - $6,236,000

6 Beds
7 Baths
4,138 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $4,788,000 $1,157 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $34,336/month

20 Days on Market

Highlights

  • Open to Family Room
  • Electric Vehicle Home Charger
  • Family or Dining Combination
  • Laurel Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of April 2024

Public: EXCEPTIONAL NEW CONSTRUCION with High End Workmanship and Attention to Detail throughout the Home. Gourmet Eat-in Kitchen with Quartz Center Island, Custom Cabinetry, Herringbone Backsplash, Spacious Pantry, and Thermador Appliances Opens to the Expansive Living Room with Custom Stone Fireplace and Attached Dining Area. 6 Spacious Bedrooms plus Office/Den Area. 5 Full Bathrooms and 2 Powder Rooms that are all Custom Designed. Standalone Contemporary Tub, Custom Shower, and Italian Stone Finishes. French Oak Floors throughout the Home and Tile sourced from All Over the World. Upstairs Laundry Room with Three Zone HVAC system. Lower Level is an Entertainer's Dream with Generous Ceilings and Great Room for Gatherings of All Sizes. Beautiful Garage with two 240V Electric Chargers. Lovely Landscaped Yard. Close to Downtown Palo Alto, Meta, Amazon, Alphabet and Stanford University and many other top silicon valley employers. Appraised at $5.5M. Nearby home SOLD for $5.6M. Award Winning Menlo Park Schools.

Last Agent to Sell the Property

Ozzy Niazi

Realty One Group Infinity License #01933145 Listed on: 03/06/2024

Realty One Group Infinity

Last Buyer's Agent

Vendy Chan

CENTURY 21 Masters License #01146205

CENTURY 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,792

Year Built

  • Built in 2023

Lot Details

  • 5,201 Sq Ft Lot
  • Zoning described as R10008

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 062-334-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,792

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 4138
  • Year Built: 2023
  • Zoning Description: R10008
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Family Room
  • Living Sq Ft: 4138
  • Stories: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 1 (120 volts), Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Parcel Number: 062-334-100
  • Lot Acres: 0.1194
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5200.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Laurel Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 2, 2024
Sold by
Niazi Levent and Niazi Alexandra N
Bought by
Dennis And Loura Kobza Living Trust and Kobza
Seller's Agent
Ozzy Niazi
Realty One Group Infinity
Buyer's Agent
Vendy Chan
CENTURY 21 Masters
List Price
$518,888,888
Sold Price
$4,788,000
Premium/Discount to List
-$514,100,888
-99.08%
Views
126
Current Estimated Value
$5,329,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,765
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Jun 23, 2023
Sold by
Niazi Levent and Niazi Alexandra N
Bought by
Niazi Levent and Niazi Alexandra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
9.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Shine David T
Bought by
Niazi Levent and Ulicki Alexandra

Purchase Details

Closed on
Jun 22, 2007
Sold by
Shine David T
Bought by
Shine David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 23, 1995
Sold by
Shine Ann
Bought by
Shine Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Dennis And Loura Kobza Living Trust $4,788,000 Old Republic Title
Niazi Levent -- Pacific Coast Title
Niazi Levent $2,150,000 Chicago Title Co
Shine David T -- Chicago Title Co
Shine Thomas P -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennis And Loura Kobza Living $745,000
Previous Owner Niazi Levent $3,000,000
Previous Owner Shine David T $125,000
Previous Owner Shine David T $120,000
Previous Owner Shine Thomas P $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $4,788,000 0.0% $1,157 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/24/2024 03/24/24 Price Changed $4,788,000 -7.7% $1,157 / Sq Ft
03/06/2024 03/06/24 Price Changed $5,188,000 -99.0% $1,254 / Sq Ft
03/06/2024 03/06/24 For Sale $518,888,888 -- $125,396 / 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
2023 $57,792 $3,655,627 $2,058,627 $1,597,000
2022 $34,077 $2,887,262 $2,018,262 $869,000
2021 $24,093 $1,978,689 $1,978,689 $0
2020 $23,952 $1,958,400 $1,958,400 $0
2019 $26,232 $2,150,000 $1,920,000 $230,000
2018 $3,376 $98,871 $32,306 $66,565
2017 $3,263 $96,933 $31,673 $65,260
2016 $3,007 $95,033 $31,052 $63,981
2015 $2,915 $93,606 $30,586 $63,020
2014 $2,800 $91,773 $29,987 $61,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956614

MLSListings

APN: 062-334-100