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1165 San Mateo Drive

1165 San Mateo Drive, Menlo Park, CA 94025
Sold May 19, 2021
$7,702,500
$4,006,625 by First Republic Bank
Mortgage Due Jun 01, 2051
1165 San Mateo Drive has been categorized by the local assessors in Menlo Park, CA as a residential type of property. The building on the property was first built in 1936 and is 88 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1165 San Mateo Drive has 3,320 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,400 ft and across the front of the lot is 1,050 ft. The area measurement of the land has been determined as 35,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Mediterranean style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of tile. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 14, 2021 for $7,702,500. That's $1,816.63 per sqft. 1165 San Mateo Drive was last assessed in 2022. The total value of the property was assessed at $7,856,550. Specifically, the land the property is located on was valued at $6,671,310. While improvements on the property were assessed at a total of $1,185,240. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $87,902. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Mediterranean
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 440
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,700
  • Lot Size Depth Feet: 3,400
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 4,240
  • Gross Building Area: 4,240
  • Building Area: 3,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PIERCE TRACT
  • Land Acres: 0.82
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SE 105 FT OF LOT 11 PIERCE TRACT

Ownership

  • Current Owner : DARKE CAITLIN
  • Current Owner 2: HARTWELL PETER G
  • Previous Owner : SAVAGE JOHN CLIFTON
  • Previous Owner 2: SAVAGE DIANE WILKINS
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612700

Zoning

  • Zoning: R10025

Geography

  • Assessors Map Reference: 43-D1
  • Parcel: 071-061-130
  • Lot: 11
  • Latitude: 37.4453
  • Longitude: -122.192

    Address

  • Full Address: 1165 San Mateo Dr
  • Address - House Number: 1165
  • Address - Street Name: San Mateo
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 5522
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $87,902
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 6,526,220
  • High Value: 7,991,188
  • Low Value: 5,061,252

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,006,625
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $4,006,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: May 19, 2021
  • Second Open Lien Mortgage Loan Amount: $1,000,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 26, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,856,550
  • Assessed Land Value: $6,671,310
  • Assessed Improvements Value: $1,185,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836790247
  • Current Sale Price: $7,702,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-078905

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $4,006,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 1165 San Mateo Drive located in?
The 1165 San Mateo Drive is a located in the neighborhood of Central Menlo Park in Central Menlo Park, Menlo Park.
What is the average sales price for listings in 1165 San Mateo Drive?
The average sales price for units in 1165 San Mateo Drive is $0 currently.

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