1131 Hobart Street

1131 Hobart Street in Menlo Park, CA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 14 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 1131 Hobart Street has 5,430 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,840 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 890 ft and the linear feet between the front and back of the lot is 1,130. In total, the area measurement of the land is 10,057 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1131 Hobart Street sold most recently in Sep 24, 2020 for a total of $5,250,000. If you work out the math, that's approximately a cost of $966.85 per sqft. Before that, the property was also sold for $3,950,000 in Jul 2, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $60,812 in taxes each year. 1131 Hobart Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $5,355,000. If we break it down further, the land itself was valued at $2,677,500. Improvements to the property, however, were assessed at a total of $2,677,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.