NOT LISTED FOR SALE

850 Cambridge Ave Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $5,591,000 - $7,770,000

5 Beds
7 Baths
4,098 Sq Ft
$1,646/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $5,000,000 $1,220 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $40,817/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Open to Family Room
  • Oak Knoll Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of May 2016

Classic East Coast style, stunning home on three levels. Beautiful hardwood floors in every room, refined mill-work, high ceilings, soft neutral palette. Newly constructed in 2014 and located in the heart of Allied Arts, just blocks from downtown Menlo Park and Palo Alto. 5 bedrooms each with en suite bath plus 2 half baths. Recreational media room, office, possible wine cellar, beautiful landscaped grounds with spacious rear yard and 2-car garage. Top rated Menlo Park Schools.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 04/02/2016

Compass

Last Buyer's Agent

Lori Buecheler

Compass License #01859485

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,118

Year Built

  • Built in 2014

Lot Details

  • 7,492 Sq Ft Lot
  • Zoning described as R20000

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,098 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Dining Room
  • Open to Family Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 071-405-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,118

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4098
  • Year Built: 2014
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 4098
  • Stories: 3
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • High School: 658

Lot Info

  • Parcel Number: 071-405-160
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.03
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.03

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
Apr 2, 2016
Closed on
May 5, 2016
Sold by
First Sunnyside Development Llc
Bought by
Kmtb Family Trust and Eggemeier Katherine Mckeon
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Lori Buecheler
Compass
List Price
$4,650,000
Sold Price
$5,000,000
Premium/Discount to List
$350,000
7.53%
Current Estimated Value
$6,745,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,423
Avg. Annual Appreciation
3.21%
Original Mortgage
$3,750,000
Outstanding Balance
$2,990,113
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$3,755,310

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 7, 2014
Sold by
Bellair Way Llc
Bought by
First Sunnyside Development Llc
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Debora Smith
Intero Real Estate Services-Woodside
List Price
$3,998,000
Sold Price
$4,000,000
Premium/Discount to List
$2,000
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Listed on
Sep 22, 2012
Closed on
Oct 31, 2012
Sold by
Gross Gary W
Bought by
Bellair Way Llc
Seller's Agent
Deb Hoyt
Hoyt & Hufford
Buyer's Agent
Deb Hoyt
Hoyt & Hufford
List Price
$1,425,000
Sold Price
$1,435,000
Premium/Discount to List
$10,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.75%
Original Mortgage
$797,500
Interest Rate
3.36%
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
Kmtb Family Trust $5,000,000 Lawyers Title Company
First Sunnyside Development Llc $4,000,000 First American Title Company
Bellair Way Llc $1,435,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kmtb Family Trust $3,750,000
Previous Owner Bellair Way Llc $797,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2016 05/11/16 Sold $5,000,000 +7.5% $1,220 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $4,650,000 +16.3% $1,135 / Sq Ft
07/09/2014 07/09/14 Sold $4,000,000 +0.1% $875 / Sq Ft View Prior Sale
06/18/2014 06/18/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $3,998,000 +178.6% $874 / Sq Ft
11/07/2012 11/07/12 Sold $1,435,000 +0.7% $932 / Sq Ft View Prior Sale
10/05/2012 10/05/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $1,425,000 -- $925 / 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 $66,118 $5,918,982 $2,959,491 $2,959,491
2023 $66,118 $5,689,142 $2,844,571 $2,844,571
2022 $63,202 $5,577,592 $2,788,796 $2,788,796
2021 $62,118 $5,468,228 $2,734,114 $2,734,114
2020 $61,845 $5,412,160 $2,706,080 $2,706,080
2019 $61,031 $5,306,040 $2,653,020 $2,653,020
2018 $59,577 $5,202,000 $2,601,000 $2,601,000
2017 $58,752 $5,100,000 $2,550,000 $2,550,000
2016 $47,075 $4,061,000 $2,030,500 $2,030,500
2015 $46,690 $4,000,000 $2,000,000 $2,000,000
2014 $22,280 $1,817,151 $1,361,151 $456,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Judy Citron

    Compass

    Section Image
  • Lori Buecheler

    Buyer's Agent in 2016

    Lori Buecheler

    Compass

    (650) 387-2716

    60 Total Sales

    Lori Buecheler
    Section Image

  • T

    Seller's Agent in 2014

    Tom LeMieux

    Compass

    Section Image

  • D

    Buyer's Agent in 2014

    Debora Smith

    Intero Real Estate Services-Woodside

    Section Image

  • D

    Seller's Agent in 2012

    Deb Hoyt

    Hoyt & Hufford

    (831) 600-1080

    5 Total Sales

    Deb Hoyt
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81578263

MLSListings

APN: 071-405-160

California San Mateo County Menlo Park 94025 Downtown Menlo Park

850 Cambridge Ave, Menlo Park, CA

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