NOT LISTED FOR SALE

Estimated Value: $1,255,000 - $1,501,000

3 Beds
1 Bath
1,140 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $1,250,000 $1,096 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,511/month

29 Days on Market

Highlights

  • Wine Cellar
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • Menlo-Atherton High School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of March 2024

Welcome to 1247 Madera Ave, located in Menlo Park, one of California's fastest-growing areas. This single-story home features a great floor plan with 3 bedrooms, 1 full bath, and 1,140 sqft of living space. The living room boasts elegant wooden flooring and a sophisticated brick fireplace. Each bedroom is furnished with comfortable carpeting. The kitchen features beautiful mahogany-hued cabinets, recessed lighting, and a stunning countertop paired with a cool backsplash. The backyard is a great place to spend time with the family. Additionally, a detached parking garage is included, equipped with a garage door opener and recessed lighting.

Last Agent to Sell the Property

Malinda Rideaux

Proxima Realty License #02132904 Listed on: 01/18/2024

Last Buyer's Agent

Fan Wang

Keller Williams Thrive License #02131128

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,682

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,750 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 1 Fireplace
  • Wine Cellar
  • Great Room
  • Living Room

Kitchen

  • Free-Standing Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Tandem Parking
  • Uncovered Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances

Utilities

  • No Cooling
  • Central Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 062-101-230

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,682

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1948
  • Architectural Style: Traditional
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Wine Refrigerator, Self/Cont Clean Oven, Microwave, Gas Water Heater, Free Standing Refrigerator, Free Standing Electric Oven, ENERGY STAR Qualified Appliances, Disposal
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bathrooms: 1
  • Dining Room Features: Space in Kitchen
  • Family Room Features: Great Room
  • Living Room Features: Great Room
  • Room Type: Wine Storage Area, Master Bedrooms 2+, Master Bathroom, Living Room, Laundry, Kitchen
  • Main Level: Street Entrance, Master Bedroom, Living Room, Kitchen, Garage, Bedroom(s)
  • Price Per Square Foot: 1096.49
  • Square Footage: 1140.00
  • Window Features: Caulked/Sealed

Exterior Features

  • Construction Materials: Wood, Stucco, Shingle Siding
  • Disclosures/Documents: Attached Docs
  • Fencing: Back Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1300000.00
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled, Original
  • Roof: Tile
  • Spa: No
  • Land Use: Residential

Garage/Parking

  • Parking Features: Uncovered Parking Space, Garage Facing Front
  • Total Parking Spaces: 2.00
  • Parking Type: On Site (Single Family Only)
  • Parking Fees: No
  • Parking Access: Tandem
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Internet Available, Cable Connected, Cable Available
  • Cooling: None
  • Heating: Central
  • Laundry Features: Hookups Only
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Land Lease: No

Green Features

  • Energy Efficient: Appliances

Lot Info

  • Irrigation: Public District
  • Lot Size Acres: 0.1320
  • Lot Size Sq Ft: 5750.00

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 062-101-230
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Mateo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 21, 2024
Sold by
Allen Gina
Bought by
Zhang Family Trust and Zhang
Seller's Agent
Malinda Rideaux
Proxima Realty
Buyer's Agent
Fan Wang
Keller Williams Thrive
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Current Estimated Value
$1,413,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,880
Avg. Annual Appreciation
6.65%
Original Mortgage
$812,500
Outstanding Balance
$800,235
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$571,105

Purchase Details

Closed on
Jun 30, 2007
Sold by
Jackson Jimmie Lee
Bought by
Allen Gina

Purchase Details

Closed on
Dec 4, 1993
Sold by
Jackson Jimmie Lee
Bought by
Jackson Jimmie Lee and Allen Gina
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
Zhang Family Trust $1,250,000 Old Republic Title
Allen Gina -- None Available
Jackson Jimmie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Family Trust $812,500
Previous Owner Allen Gina $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $1,250,000 -3.8% $1,096 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,300,000 -- $1,140 / Sq Ft
Source: MetroList

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 $9,682 $1,275,000 $928,200 $346,800
2023 $9,682 $694,370 $568,126 $126,244
2022 $9,054 $680,756 $556,987 $123,769
2021 $8,873 $667,409 $546,066 $121,343
2020 $8,774 $660,566 $540,467 $120,099
2019 $8,735 $647,615 $529,870 $117,745
2018 $8,545 $634,918 $519,481 $115,437
2017 $8,222 $622,470 $509,296 $113,174
2016 $8,063 $610,265 $499,310 $110,955
2015 $7,891 $601,099 $491,810 $109,289
2014 $6,879 $516,000 $422,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 424002828

MetroList

APN: 062-101-230