See Home Value
$2,025,000 - $2,473,000
House - Off Market

1322 University DR

MENLO PARK, CA 94025
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2155 Sqft
Sold Feb 29, 2024
$2,249,000
$1,500,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2054
Sold May 16, 2008
$1,150,000

About This Property

Rare opportunity in downtown Menlo Park! Attached, single family home in a boutique development (6 homes) with private yard, mature landscaping, and community pool. Large, open layout with hardwood flooring throughout, open kitchen with newer appliances, quartz countertops, recessed lighting. Main level suite, multiple sliding doors to private yard, inside laundry, dual sink vanities, newer painting and so much more! Top schools: Encinal Elementary, Hillview Middle, Menlo-Atherton High

The manager has listed the unit size as 2155 square feet.
Unit Size
2,155Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$1,044
Property Type
House
Property Taxes
-
HOA Dues
$800
Year Built
1975

Price History

Date / Event Date Event Price
Feb 7, 2024 No longer available -
No longer available
Jan 25, 2024 Listed $2,249,000
Listed
Dec 25, 2023 No longer available -
No longer available
Nov 9, 2023 Listed $2,249,000
Listed
Rare opportunity in downtown Menlo Park! Attached, single family home in a boutique development (6 homes) with mature landscaping and pool. Large, open layout with hardwood flooring throughout, open kitchen with newer appliances, quartz countertops, recessed lighting. Main level suite, multiple sliding doors to yard, inside laundry, dual sink vanities, newer painting and so much more! Top schools: Encinal Elementary, Hillview Middle, Menlo-Atherton High The manager has listed the unit…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 530
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,986
  • Total Building Area: 2,155
  • Gross Building Area: 2,155
  • Building Area: 2,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,155
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHADOW PINES TOWNHOUSES
  • Land Acres: 0.046
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 SHADOW PINES TOWNHOUSES RSM 86/11

Ownership

  • Current Owner : DAVID L VARGAS LIVING TRUST
  • Current Owner 2: VARGAS
  • Previous Owner : DONALD ALLAN LIVING TRUST
  • Owner Before Previous Owner: COMERICA BANK
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Jul 27, 2023

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612600

Zoning

  • Zoning: R1000U

Geography

  • Assessors Map Reference: 37-D6
  • Parcel: 071-091-580
  • Lot: 6
  • Latitude: 37.452
  • Longitude: -122.189

    Address

  • Full Address: 1322 University Dr
  • Address - House Number: 1322
  • Address - Street Name: University
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 4223
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,209
  • Tax Rate Code Area: 08-004

    Appraisal Valuation

  • Standard Deviation: 0.0851
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 2,211,824
  • High Value: 2,400,171
  • Low Value: 2,023,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 29, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Mar 01, 2054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,423,412
  • Assessed Land Value: $711,706
  • Assessed Improvements Value: $711,706

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Transaction ID: 11922357146
  • Current Sale Price: $2,249,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11063
  • Previous Sale Recording Date: May 16, 2008
  • Previous Sale Contract Date: May 14, 2008
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 29, 2024
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Menlo Park


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Frequently Asked Questions

When was property at 1322 University Drive built and last sold?
The property at 1322 University Drive was built in 1975 and last sold on Feb 16, 2024 for $2,249,000.
How much is this home worth?
The estimated value of the home located at 1322 University Drive is $2,271,490.
What are some comparable homes to 1322 University Drive?
There are currently no comparable homes to 1322 University Drive.

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