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342 O'connor Street

342 O'connor Street, Menlo Park, CA 94025
House in The Willows
Sold Oct 28, 2021
$4,380,000
$3,000,000 by First Republic Bank
Mortgage Due Jun 01, 2052
Sold Oct 02, 2020
$2,300,000
$1,681,463 by Conventus Llc
Mortgage
342 O'connor Street 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 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 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, 342 O'connor Street has 3,591 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 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,503 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 garage for those who require parking. The garage measured 448 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 composition shingle. 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. 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, 342 O'connor Street sold most recently in Oct 27, 2021 for a total of $4,380,000. If you work out the math, that's approximately a cost of $1,219.72 per sqft. Before that, the property was also sold for $2,300,000 in Sep 30, 2020. 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 $49,578 in taxes each year. 342 O'connor Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $4,380,000. If we break it down further, the land itself was valued at $2,880,000. Improvements to the property, however, were assessed at a total of $1,500,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Parking

Attached Garage
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: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 448
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,503
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,591
  • Gross Building Area: 3,591
  • Building Area: 3,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,591
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PALMDALE
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 PALMDALE RSM 96/19

Ownership

  • Current Owner : MORALES MICHAEL TIMOTHY
  • Current Owner 2: MORALES ALLISON MARGO
  • Previous Owner : DESIGN STAGE AND SELL LLC
  • Owner Before Previous Owner: SPIER ROBERT E
  • Owner Before Previous Owner 2: SPIER NANETTE B
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612101

Zoning

  • Zoning: R10008

Geography

  • Assessors Map Reference: 38-B5
  • Parcel: 063-430-740
  • Lot: 3
  • Latitude: 37.4604
  • Longitude: -122.148

    Address

  • Full Address: 342 Oconnor St
  • Address - House Number: 342
  • Address - Street Name: Oconnor
  • Address - Suffix Type: St
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C043
  • 4-Digit Zip Code: 2663
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,578
  • Tax Rate Code Area: 08-036

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 4,134,017
  • High Value: 5,039,694
  • Low Value: 3,228,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,380,000
  • Assessed Land Value: $2,880,000
  • Assessed Improvements Value: $1,500,000

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11865937637
  • Current Sale Price: $4,380,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-151560
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CONVENTUS LLC
  • Previous Mortgage Transaction Date: Oct 02, 2020
  • Previous Mortgage Loan Amount: $1,681,463
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About The Willows



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Frequently Asked Questions

What neighborhood is 342 O'connor Street located in?
The 342 O'connor Street is a house located in the neighborhood of The Willows in The Willows, Menlo Park.
What is the average sales price for listings in 342 O'connor Street?
The average sales price for units in 342 O'connor Street is $0 currently.

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