NOT LISTED FOR SALE

Estimated Value: $2,783,000 - $3,074,000

4 Beds
2 Baths
1,880 Sq Ft
$1,577/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $2,100,000 $1,117 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $18,633/month

7 Days on Market

Highlights

  • Pool and Spa
  • High Ceiling
  • Balcony
  • Encinal Elementary School Rated A
  • Formal Dining Room
  • Open to Family Room

About This Home

As of November 2019

The very first time on the market. Wonderful cul-de-sac location with easy access to shopping, schools, and HWY 101. Only 3.1 Miles to FaceBook! Theresa Court has underground utilities, providing unobstructed views. Four bedrooms including a master suite, two full bathrooms, spacious living room, separate dining room, eat-in kitchen with adjoining family room. Beautiful Mexican pavers, imported from the town of Saltillo, span the living areas and kitchen. New carpeting in all four bedrooms and the hall. Kitchen features stainless appliances including newer electric range with glass cooktop. Beautiful plantation shutters throughout. Attached 2 Car Garage with washer and dryer, additional loft storage, and a work bench. Beautiful backyard provides ideal space for relaxing or entertaining with patio for dining and a sparkling fenced pool with spa. Located in the acclaimed Menlo Park School District (Encinal, Hillview Middle, Menlo-Atherton High, Buyer to verify).

Last Agent to Sell the Property

Colleen Cooley

Coldwell Banker Realty License #70000645 Listed on: 09/19/2019

Coldwell Banker Realty

Last Buyer's Agent

Mehul Majmudar

Alliance Bay Realty License #01429041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,110

Year Built

  • Built in 1974

Lot Details

  • 7,000 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R10000

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Pool

  • Pool and Spa
  • In Ground Pool

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 061-021-710

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,110

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1880
  • Year Built: 1974
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1880
  • Stories: 1
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Pool Description: Pool - In Ground, Pool / Spa Combo
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Encinal Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 627
  • Middle School: 642

Lot Info

  • Parcel Number: 061-021-710
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 21, 2019
Sold by
Gracheff Patricia
Bought by
Ayyar Srikant Ramakrishna and Ramachandran Prasanna
Seller's Agent
Colleen Cooley
Coldwell Banker Realty
Buyer's Agent
Mehul Majmudar
Alliance Bay Realty
List Price
$1,998,888
Sold Price
$2,100,000
Premium/Discount to List
$101,112
5.06%
Current Estimated Value
$2,960,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,190
Avg. Annual Appreciation
5.57%
Original Mortgage
$1,400,000
Outstanding Balance
$1,231,390
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,638,908
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
Ayyar Srikant Ramakrishna $2,100,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayyar Srikant Ramakrishna $728,500
Open Ayyar Srikant Ramakrishna $1,400,000
Previous Owner Gracheff Patricia $365,500
Previous Owner Gracheff Nicholas $310,000
Previous Owner Gracheff Nicholas $325,000
Previous Owner Gracheff Nicholas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $2,100,000 +5.1% $1,117 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $1,998,888 0.0% $1,063 / Sq Ft
10/09/2017 10/09/17 Rented $6,500 0.0% --
10/03/2017 10/03/17 For Rent $6,500 0.0% --
05/31/2017 05/31/17 Rented $6,500 0.0% --
03/22/2017 03/22/17 For Rent $6,500 0.0% --
05/13/2016 05/13/16 Rented $6,500 0.0% --
05/02/2016 05/02/16 For Rent $6,500 -- --
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 $29,110 $2,438,854 $1,990,434 $448,420
2023 $29,110 $2,344,153 $1,913,144 $431,009
2022 $27,078 $2,240,190 $1,875,632 $364,558
2021 $25,676 $2,121,755 $1,838,855 $282,900
2020 $25,525 $2,100,000 $1,820,000 $280,000
2019 $4,074 $149,805 $34,517 $115,288
2018 $3,935 $146,869 $33,841 $113,028
2017 $3,821 $143,990 $33,178 $110,812
2016 $3,557 $141,168 $32,528 $108,640
2015 $3,464 $139,049 $32,040 $107,009
2014 $3,263 $136,326 $31,413 $104,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81769307

MLSListings

APN: 061-021-710