Tim Proschold
Luxuriant Realty
(650) 753-7481
27 Total Sales
2 in Downtown Menlo Park
$2.9M - $3M Price Range
866 Roble Ave Menlo Park, CA 94025
Downtown Menlo Park NeighborhoodEstimated Value: $3,062,000 - $3,844,378
4
Beds
4
Baths
3,472
Sq Ft
$975/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Wood Flooring
- Beamed Ceilings
- Encinal Elementary School Rated A
- Granite Countertops
- 3-minute walk to Nealon Park
About This Home
As of August 2019Quality fourplex located in the highly desirable Downtown/West Menlo Park neighborhood with a short walk to Draeger's and the many restaurants, retailers and service providers in Downtown Menlo Park. All units are 1 Bedroom 1 Bath and they have all been attractively remodeled at various times ranging from 2013 to 2019. All units feature hardwood floors, cathedral ceilings & stainless steel front appliances. 3 Units have built-in shelving.Two units have a large private patio, walk-in closet, skylight, DW & microwave. Property consists of two separate 2 unit buildings designed so that each unit has a distinct entry and privacy. Exterior was painted in +- 2016 and the roofs and gutters were installed in +-2016. There are four spacious resident storage closets in the carport area and two of the units have an additional storage closet by their front door. Each unit has it's own water heater. located in the laundry room. Buyer should verify all square footage figures shown prior to purchase.
Last Agent to Sell the Property
Keith Suddjian
Cornish & Carey Commercial License #00673961 Listed on: 08/09/2019
Co-Listed By
Michelle Clark
Cornish & Carey Commercial License #01918902
Last Buyer's Agent
Keith Suddjian
Cornish & Carey Commercial License #00673961 Listed on: 08/09/2019
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Property Details
Home Type
- Multi-Family
Year Built
- 1955
Lot Details
- 4,848
Home Design
- Quadruplex
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 3,472 Sq Ft Home
- Beamed Ceilings
- Vaulted Ceiling
- Skylights in Kitchen
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Vinyl
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Tandem Parking
- Uncovered Parking
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Additional Features
- Balcony
- 4,848 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $120,600
- Month-to-Month Lease Term
Community Details
Building Details
- 4 Leased Units
- Insurance Expense $1,593
- Maintenance Expense $1,105
- Other Expense $1,915
- Utility Expense $3,541
- Operating Expense $45,661
- Gross Income $116,256
Additional Features
- 3,472 Sq Ft Building
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2019
Closed on
Aug 23, 2019
Sold by
Bought by
Seller's Agent
Keith Suddjian
Cornish & Carey Commercial
Buyer's Agent
Keith Suddjian
Cornish & Carey Commercial
List Price
$2,880,000
Sold Price
$3,030,000
Premium/Discount to List
$150,000
5.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,459
Avg. Annual Appreciation
1.60%
Purchase Details
Closed on
Sep 6, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2005
Sold by
Bought by
Purchase Details
Closed on
Apr 29, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,250
Interest Rate
4.69%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Menlo Park, CA
-
Tim Proschold
-
Susan Sims
Susan Sims
The Agency
(650) 885-9151
23 Total Sales
1 in Downtown Menlo Park
$3,100,000 Price
-
Ayelet Gingold
Ayelet Gingold
Agam Real Estate
(669) 202-4727
93 Total Sales
1 in Downtown Menlo Park
$2,200,000 Price
-
Carrie Davis
Carrie Davis
Coldwell Banker Realty
(650) 744-0360
60 Total Sales
1 in Downtown Menlo Park
$2,250,000 Price
-
Lynn North
Lynn North
The Agency
(650) 747-8423
44 Total Sales
1 in Downtown Menlo Park
$2,125,000 Price
-
Dan Hunnicutt
Dan Hunnicutt
eXp Realty of Northern California, Inc.
(650) 562-8757
21 Total Sales
1 in Downtown Menlo Park
$1,495,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,030,000 | First American Title Company | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title | ||
| $1,150,000 | Chicago Title Co | ||
| $957,500 | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $871,000 | ||
| Previous Owner | $700,000 | ||
| Previous Owner | $670,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2019 08/26/19 | Sold | $3,030,000 | +5.2% | $873 / Sq Ft |
| 08/19/2019 08/19/19 | Pending | -- | -- | -- |
| 08/09/2019 08/09/19 | For Sale | $2,880,000 | -- | $829 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $42,686 | $3,313,744 | $2,220,099 | $1,093,645 |
| 2023 | $42,686 | $3,193,049 | $2,133,891 | $1,059,158 |
| 2022 | $40,686 | $3,130,429 | $2,092,050 | $1,038,379 |
| 2021 | $39,889 | $3,069,202 | $2,051,030 | $1,010,360 |
| 2020 | $39,523 | $3,030,000 | $2,030,000 | $1,000,000 |
| 2019 | $21,949 | $1,436,992 | $718,496 | $718,496 |
| 2018 | $21,304 | $1,408,816 | $704,408 | $704,408 |
| 2017 | $20,844 | $1,381,194 | $690,597 | $690,597 |
| 2016 | $20,187 | $1,354,112 | $677,056 | $677,056 |
| 2015 | $19,827 | $1,333,772 | $666,886 | $666,886 |
| 2014 | $19,276 | $1,307,646 | $653,823 | $653,823 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Keith Suddjian
Cornish & Carey Commercial
-
M
Seller Co-Listing Agent in 2019
Michelle Clark
Cornish & Carey Commercial
Map
Source: MLSListings
MLS Number: ML81763974
APN: 071-311-130
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