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1923 Menalto Avenue

1923 Menalto Avenue, Menlo Park, CA 94025
Property in The Willows
1923 Menalto Avenue in Menlo Park, CA was first built in 1946 and is 78 years old. This has been categorized as a commercial property type. 1923 Menalto Avenue has 4,400 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. In total, the area measurement of the land is 8,990 square feet.

Learn more about the property and building on this page. 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, 1923 Menalto Avenue sold most recently in Dec 20, 2018 for a total of $2,300,000. If you work out the math, that's approximately a cost of $522.73 per sqft. Before that, the property was also sold for $1,864,000 in Aug 17, 2016. 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 $30,449 in taxes each year. 1923 Menalto Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,417,708. If we break it down further, the land itself was valued at $1,797,514. Improvements to the property, however, were assessed at a total of $620,194. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,990
  • Total Building Area: 4,400
  • Gross Building Area: 4,400
  • Building Area: 4,400
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: NORTH PALO ALTO
  • Land Acres: 0.206
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: NLY 43.23 FT OF LOT 2 & SLY 16.77 FT OF LOT 3 BLOCK 9 NORTH PALO ALTO

Ownership

  • Current Owner : CHAVEZ RAMIRO
  • Current Owner 2: CHAVEZ CLAUDIA
  • Previous Owner : MAO GE BASCOM LLC
  • Owner Before Previous Owner: ZACARI INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 613900

Zoning

  • Zoning: C20000

Geography

  • Assessors Map Reference: 38-A5
  • Parcel: 062-366-150
  • Block: 9
  • Lot: 2,3
  • Latitude: 37.4592
  • Longitude: -122.153

    Address

  • Full Address: 1923 Menalto Ave
  • Address - House Number: 1923
  • Address - Street Name: Menalto
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C043
  • 4-Digit Zip Code: 2863
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,449
  • Tax Rate Code Area: 08-107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: MAO GE BASCOM LLC
  • First Open Lien Mortgage Recording Date: Jan 03, 2019
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,417,708
  • Assessed Land Value: $1,797,514
  • Assessed Improvements Value: $620,194

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Transaction ID: 11558723665
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-000588
  • Previous Sale Recording Date: Sep 13, 2016
  • Previous Sale Contract Date: Aug 17, 2016
  • Previous Sale Amount: $1,864,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAO GE BASCOM LLC
  • First Mortgage Transaction Date: Jan 03, 2019
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Sep 13, 2016
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About The Willows



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1923 Menalto Avenue located in?
The 1923 Menalto Avenue is a located in the neighborhood of The Willows in The Willows, Menlo Park.
What is the average sales price for listings in 1923 Menalto Avenue?
The average sales price for units in 1923 Menalto Avenue is $0 currently.

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