NOT LISTED FOR SALE

986 Menlo Ave Menlo Park, CA 94025

Downtown Menlo Park Neighborhood

Estimated Value: $2,269,000 - $2,478,713

2 Beds
2.5 Baths
1,834 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $1,700,000 $927 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,953/month

10 Days on Market

Highlights

  • Skyline View
  • 1.05 Acre Lot
  • Vaulted Ceiling
  • Oak Knoll Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2015

Quiet, bright Contemporary 2BD/2.5BA townhome on a cul-de-sac in prime downtown Menlo Park. Spacious open split- level floor plan, soaring ceilings. Living Room with fireplace, DIning area with built-in shelving. Wonderful loft/office upstairs with built-in desk & shelves. Two master suites. Charming dutch door leads to private patio off of kitchen, Dual pane windows, inside laundry and hardwoods floors a few of the thoughtful elements and design. This hidden beauty is not to be missed..MP Schools

Last Agent to Sell the Property

Owen Halliday

Christie's International Real Estate Sereno License #01453658 Listed on: 04/13/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

The reSolve Group

Zane MacGregor License #70010012

Zane MacGregor

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,735

Year Built

  • Built in 1988

Lot Details

  • 1.05

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Dining Area
  • Loft
  • Wood Flooring
  • Skyline Views
  • Alarm System
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 112-520-060

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area
  • 15 Units
  • Pepper Tree Court Homeowners Association
  • Built by Pepper Tree Court

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,735

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Pets - Number Restrictions, Pets - Restrictions
  • Age: 27
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 15
  • Structure Sq Ft: 1834
  • Complex Name: Pepper Tree Court
  • Year Built: 1988
  • Zoning Description: R30000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Pantry
  • Living Sq Ft: 1834
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer, Upper Floor
  • Flooring: Hardwood
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower and Tub, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 723
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area
  • H O A Name Text: Pepper Tree Court Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 112-520-060
  • Lot Acres: 1.0540
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 11, 2015
Sold by
Joy Pamela
Bought by
Pope Arthur Robert
Seller's Agent
Owen Halliday
Christie's International Real Estate Sereno
Buyer's Agent
The reSolve Group
Zane MacGregor
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Current Estimated Value
$2,354,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,628
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,275,000
Outstanding Balance
$987,520
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$1,394,822

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 7, 2014
Sold by
Joy Robin
Bought by
Joy Pamela
Seller's Agent
Barb Conkin-Orrock
Compass
Buyer's Agent
Patrice R. Horvath
Compass
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 2, 2014
Sold by
Moutsanas John
Bought by
Joy Pamela
Seller's Agent
Barb Conkin-Orrock
Compass
Buyer's Agent
Patrice R. Horvath
Compass
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2012
Closed on
Jun 21, 2012
Sold by
Reeves Nancy L
Bought by
Moutsanas John
Seller's Agent
Elyse Barca
Compass
Buyer's Agent
Barb Conkin-Orrock
Compass
List Price
$929,000
Sold Price
$1,086,000
Premium/Discount to List
$157,000
16.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.73%

Purchase Details

Closed on
Mar 20, 2003
Sold by
Reeves Nancy L
Bought by
Reeves Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,784
Interest Rate
5.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 1, 1999
Sold by
Reeves Nancy L
Bought by
Reeves Nancy L

Purchase Details

Closed on
Jun 17, 1999
Sold by
Reeves Louise G Trust
Bought by
Reeves Nancy L
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
Pope Arthur Robert $1,700,000 Old Republic Title Company
Joy Pamela -- First American Title Company
Joy Pamela $1,595,000 First American Title Company
Moutsanas John $1,086,000 Chicago Title Company
Reeves Nancy L -- Fidelity National Title
Reeves Nancy L -- --
Reeves Nancy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pope Arthur Robert $1,275,000
Previous Owner Joy Pamela $1,100,000
Previous Owner Reeves Nancy L $100,000
Previous Owner Reeves Nancy L $407,784
Previous Owner Reeves Nancy L $400,000
Previous Owner Reeves Louise G $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2015 05/19/15 Sold $1,700,000 +0.3% $927 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $1,695,000 +6.3% $924 / Sq Ft
07/11/2014 07/11/14 Sold $1,595,000 0.0% $870 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,595,000 +46.9% $870 / Sq Ft
06/27/2012 06/27/12 Sold $1,086,000 +16.9% $592 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $929,000 -- $507 / 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 $24,735 $2,043,136 $612,938 $1,430,198
2023 $24,735 $1,963,800 $589,138 $1,374,662
2022 $23,546 $1,925,295 $577,587 $1,347,708
2021 $23,004 $1,887,545 $566,262 $1,321,283
2020 $22,938 $1,868,191 $560,456 $1,307,735
2019 $22,618 $1,831,561 $549,467 $1,282,094
2018 $22,055 $1,795,649 $538,694 $1,256,955
2017 $21,714 $1,760,441 $528,132 $1,232,309
2016 $21,101 $1,725,924 $517,777 $1,208,147
2015 $19,638 $1,595,000 $478,500 $1,116,500
2014 $14,291 $1,112,748 $333,824 $778,924
Source: Public Records

Agents Affiliated with this Home

  • Owen Halliday

    Seller's Agent in 2015

    Owen Halliday

    Sereno Group

    (650) 492-0062

    1 in this area

    50 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    The reSolve Group

    Zane MacGregor

    Section Image
  • Barb Conkin-Orrock

    Seller's Agent in 2014

    Barb Conkin-Orrock

    Compass

    (650) 996-4106

    26 Total Sales

    Section Image

  • P

    Buyer's Agent in 2014

    Patrice R. Horvath

    Compass

    Section Image

  • E

    Seller's Agent in 2012

    Elyse Barca

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81459586

MLSListings

APN: 112-520-060

California San Mateo County Menlo Park 94025 Downtown Menlo Park

986 Menlo Ave, Menlo Park, CA

This home is located at 986 Menlo Ave, Menlo Park, CA 94025 since 13 April 2015 and is currently estimated at $2,382,178, approximately $1,298 per square foot. This property was built in 1988. 986 Menlo Ave is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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