NOT LISTED FOR SALE

874 Cambridge Ave Unit 2 Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,724,213 - $3,590,000

3 Beds
2 Baths
1,750 Sq Ft
$1,860/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $2,000,000 $1,143 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $19,389/month

15 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Breakfast Area or Nook
  • Oak Knoll Elementary School Rated A
  • Den
  • 1 Car Attached Garage

About This Home

As of July 2015

Tucked away on a flag lot in desirable Allied Arts, this updated, one story residence offers an attractive layout and lots of natural light. Floors newly refinished, interior and exterior freshly painted render the three bedroom, two bath home particularly appealing. Outside, a Trex deck overlooks the fully-fenced rear garden, a sunny lawn is surrounded by mature trees and brightened by a variety of flowering shrubs. Located near downtown Menlo Park, Stanford Shopping Center, and Stanford University.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 06/15/2015

Compass

Last Buyer's Agent

Judy Citron

Compass License #01825569

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,234

Year Built

  • Built in 1959

Lot Details

  • 4,879 Sq Ft Lot
  • Back Yard Fenced
  • Flag Lot
  • Zoning described as R20000

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 071-531-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,234

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1750
  • Year Built: 1959
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Oven - Gas, Refrigerator
  • Living Sq Ft: 1750
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Composition, Shingle
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 658

Lot Info

  • Lot Description: Flag Lot
  • Parcel Number: 071-531-020
  • Lot Acres: 0.1120
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4877.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4877.00

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
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2018
Sold by
Chen Nicole and Castellarnau Alex Alvarez
Bought by
Castellarnau Alex Enric Alvarez and Chen Nicole Y
Current Estimated Value
$3,254,803

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 9, 2015
Sold by
Goldsmith Mark A and Midler Anne E
Bought by
Chen Nicole and Castellarnau Alex Alvarez
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$1,850,000
Sold Price
$2,000,000
Premium/Discount to List
$150,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,500,000
Outstanding Balance
$1,175,709
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$2,079,094

Purchase Details

Closed on
Nov 10, 2011
Sold by
Goldsmith Mildred M and Goldsmith Mark A
Bought by
Goldsmith Mark A and Midler Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2008
Sold by
Goldsmith Mildred M
Bought by
Goldsmith Mildred M and Goldsmith Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
Sold by
Goldsmith Mildred M and Goldsmith Mark A
Bought by
Goldsmith Mildred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Scheck Dianne M and Kern Dianne M
Bought by
Goldsmith Mildred M and Goldsmith Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Castellarnau Alex Enric Alvarez -- None Available
Chen Nicole $2,000,000 Lawyers Title Company
Goldsmith Mark A -- First American Title Company
Goldsmith Mark A -- First American Title Company
Goldsmith Mildred M -- None Available
Goldsmith Mildred M -- Accommodation
Goldsmith Mildred M $1,270,000 Fidelity National Title Co
Scheck Diann M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Nicole $1,500,000
Previous Owner Goldsmith Mark A $735,000
Previous Owner Goldsmith Mildred M $285,000
Previous Owner Goldsmith Mildred M $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2015 07/21/15 Sold $2,000,000 +8.1% $1,143 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $1,850,000 -- $1,057 / 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 $28,234 $2,367,587 $1,914,197 $453,390
2023 $28,234 $2,275,652 $1,839,867 $435,785
2022 $26,940 $2,231,033 $1,803,792 $427,241
2021 $26,350 $2,187,288 $1,768,424 $418,864
2020 $26,195 $2,164,861 $1,750,291 $414,570
2019 $25,831 $2,122,414 $1,715,972 $406,442
2018 $25,263 $2,080,799 $1,682,326 $398,473
2017 $24,875 $2,040,000 $1,649,340 $390,660
2016 $24,199 $2,000,000 $1,617,000 $383,000
2015 $16,737 $1,323,620 $780,952 $542,668
2014 $16,427 $1,297,694 $765,655 $532,039
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom LeMieux

    Compass

    Section Image

  • J

    Buyer's Agent in 2015

    Judy Citron

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81470353

MLSListings

APN: 071-531-020

California San Mateo County Menlo Park 94025 Downtown Menlo Park

874 Cambridge Ave Unit 2, Menlo Park, CA

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