See Home Value
$9,878,445*
House - Off Market

17 Shasta LN

MENLO PARK, CA 94025
bedrooms
7 Beds
bathrooms
9 Baths, 2 Half Baths
square feet
7023 Sqft
$8,999,000 - $10,997,000
Reference Base Price*
-1.20%
Since Dec 1, 2021
CA-San Francisco
Primary Model
Sold Nov 30, 2021
$9,000,000
$3,500,000 by First Republic Bank
Mortgage Due Jan 01, 2052
Sold Nov 21, 2017
$3,550,000

About This Property

This stunning new home is the best of luxury-living in sought-after Sharon Heights. With an elevated private setting that looks serenely out over Sharon Heights Golf Course, and spans near half an acre to include a sparkling pool and spa, an eco-friendly synthetic lawn and a rooftop deck to savor the views. Inside, the three-level, elevator-connected floor plan includes 6 bedrooms, an office and 2 half-baths - all 6 bedrooms with en suite baths. White oak floors span the top two floors while practical wood-like tile in a designer pattern finishes the lower level ready for entertaining with its full bar, customized wine cellar, and home theatre. At the heart of the main floor is a wonderful chefs kitchen and family room plus formal living and dining rooms. A separate pool house adds to the living space for outdoor entertaining, ideal guest quarters, or optional office. Near to acclaimed Las Lomitas schools and Stanford U, and five-star dining in Flea Street and Rosewood Sand Hill

The manager has listed the unit size as 7023 square feet.
Unit Size
7,023Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,424
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold to Brian D Lee, Yehbin J Song $9,000,000
Sold to Brian D Lee, Yehbin J Song
Nov 5, 2021 No longer available -
No longer available
Aug 31, 2021 Listed $9,998,000
Listed
Nov 21, 2017 Sold to Cynthia Yip, Yi Ran Wu $3,550,000
Sold to Cynthia Yip, Yi Ran Wu
Aug 1, 2014 Sold to Susan Schultz Under Trust D... $1,198,000
Sold to Susan Schultz Under Trust D...

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,554
  • Garage Type: Underground/basement
  • Garage Square Area: 840
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,200
  • Total Building Area: 7,266
  • Gross Building Area: 7,266
  • Building Area: 6,783
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHARON HEIGHTS UNIT NO 8
  • Land Acres: 0.395
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 60 SHARON HEIGHTS UNIT NO 8 RSM 57/22 23

Ownership

  • Current Owner : LEE BRIAN D
  • Current Owner 2: SONG YEHBIN J
  • Previous Owner : SHAEC CO LLC
  • Owner Before Previous Owner: SCHULTZ DAVID CRAMER
  • Owner Before Previous Owner 2: SCHULTZ ELISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 613000

Zoning

  • Zoning: R10010

Geography

  • Assessors Map Reference: 43-B4
  • Parcel: 074-260-500
  • Lot: 60
  • Latitude: 37.4229
  • Longitude: -122.215

    Address

  • Full Address: 17 Shasta Ln
  • Address - House Number: 17
  • Address - Street Name: Shasta
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C046
  • 4-Digit Zip Code: 7049
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,746
  • Tax Rate Code Area: 08-023

    Appraisal Valuation

  • Standard Deviation: 0.0852
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 93
  • Final Value: 10,834,325
  • High Value: 11,758,342
  • Low Value: 9,910,308

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,500,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Nov 30, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $1,000,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 26, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,000,000
  • Assessed Land Value: $4,500,000
  • Assessed Improvements Value: $4,500,000

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11872914658
  • Current Sale Price: $9,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-164212
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 13, 2017
  • Previous Sale Amount: $3,550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $3,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    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
In Contract
House
6 Beds
6.5 Baths
6,157 ft²
$1,948/ft²
$11,995,000 Mar 7, 2022
-
-

About Sharon Height


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Frequently Asked Questions

When was property at 17 Shasta Lane built and last sold?
The property at 17 Shasta Lane was built in 2020 and last sold on Nov 11, 2021 for $9,000,000.
How much is this home worth?
The estimated value of the home located at 17 Shasta Lane is $10,026,477.
What are some comparable homes to 17 Shasta Lane?
There are currently no comparable homes to 17 Shasta Lane.

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