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Off market
  • $1,690,300

    550 Market Pl, Menlo Park, CA 94025

    --beds
    0baths
    3,118sqft
    MultiFamily
    Built in 1961
    -- sqft lot
    $1,690,300 Zestimate®
    $542/sqft
    $4,406 Estimated rent

    Home value

    $1,690,300

    $1.52M - $1.88M

    $4,406/mo

    Zestimate® history
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    $4,406/mo

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    $4,406/mo

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    $10,656/mo

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    $10,656/mo

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    What's special

    GREAT OPPORTUNITY FOR THE SAVY INVESTOR!! BEST DEAL IN THE PENINSULA! Building is located in a desirable rental area and close to Facebook camps and Stanford University . This Building has lots of Capitola improvements and it has 3 large 2 bedrooms units totally renovated a little bet over a year with new kitchen with granite counters and stainless appliances, bathroom with ceramic tile, engineerings and elegant floors, new paint, windows and heatings and more. Plus it has 2 car spaces per unit and very low maintenance. Current rents $8,650 a month with 14.92 Gross Rent Multiplier..

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Washer
    • Laundry: Hookups Only
    Features
    • Flooring: Carpet, Laminate
    Interior area
    • Total interior livable area: 3,118 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport
    Lot
    • Size: 6,229 Square Feet
    Details
    • Parcel number: 062016020

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Utilities for property: Public Utilities

    Community & HOA

    Location
    • Region: Menlo Park

    Financial & listing details

    • Price per square foot: $542/sqft
    • Tax assessed value: $1,596,585
    • Annual tax amount: $22,848

    Price history

    DateEventPrice
    12/23/2020Sold$1,475,000-4.2%$473/sqft
    Source: MLSListings Inc #ML81797856 Report a problem
    11/2/2020Price change$1,539,000-0.6%$494/sqft
    Source: Intero Real Estate Services #ML81797856 Report a problem
    9/14/2020Price change$1,549,000-6.1%$497/sqft
    Source: Intero Real Estate Services #ML81797856 Report a problem
    8/1/2020Price change$1,649,000-8.3%$529/sqft
    Source: Intero Real Estate Services #ML81797856 Report a problem
    6/23/2020Listed for sale$1,798,000-10.1%$577/sqft
    Source: Intero Real Estate Services #ML81797856 Report a problem
    4/3/2019Listing removed$1,998,998$641/sqft
    Source: South Bay Realty #ML81734060 Report a problem
    3/19/2019Price change$1,998,998-8.9%$641/sqft
    Source: South Bay Realty #ML81734060 Report a problem
    3/1/2019Listed for sale$2,195,000$704/sqft
    Source: South Bay Realty #ML81734060 Report a problem
    3/1/2019Pending sale$2,195,000$704/sqft
    Source: South Bay Realty #ML81734060 Report a problem
    1/3/2019Listed for sale$2,195,000+19.4%$704/sqft
    Source: South Bay Realty #ML81734060 Report a problem
    6/12/2018Listing removed$1,838,000$589/sqft
    Source: Intero Real Estate Services #ML81693531 Report a problem
    4/9/2018Price change$1,838,000-6.6%$589/sqft
    Source: Intero Real Estate Services #ML81693531 Report a problem
    2/22/2018Listed for sale$1,968,000+297.6%$631/sqft
    Source: Intero Real Estate Services #ML81693531 Report a problem
    8/14/2010Listing removed$495,000$159/sqft
    Source: NRT California #81019470 Report a problem
    8/12/2010Listed for sale$495,000-13.2%$159/sqft
    Source: NRT California #81019470 Report a problem
    7/30/2010Sold$570,000-1.1%$183/sqft
    Source: Public Record Report a problem
    7/2/2010Listed for sale$576,300+23.9%$185/sqft
    Source: NRT California #81032476 Report a problem
    5/17/2010Sold$465,111-6%$149/sqft
    Source: Public Record Report a problem
    5/11/2010Price change$495,000-16.8%$159/sqft
    Source: NRT California #81019470 Report a problem
    4/30/2010Price change$595,000-8.5%$191/sqft
    Source: NRT California #81019470 Report a problem
    4/24/2010Listed for sale$650,000-15.5%$208/sqft
    Source: NRT California #81019470 Report a problem
    3/21/2005Sold$769,000$247/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,848 +2.5%$1,596,585 +2%
    2024$22,284 +1.9%$1,565,281 +2%
    2023$21,859 +4.9%$1,534,590 +2%
    2022$20,838 +2%$1,504,500 +2%
    2021$20,426 +78.7%$1,475,000 +120.9%
    2020$11,430 +1.2%$667,732 +2%
    2019$11,294 +2.8%$654,641 +2%
    2018$10,990 +4.2%$641,806 +2%
    2017$10,547 +2.4%$629,222 +2%
    2016$10,302 +6.7%$616,885 +1.5%
    2015$9,652 $607,620 +2%
    2014$9,652 $595,719 +0.5%
    2013-- $593,028 +2%
    2012-- $581,400
    2011-- $581,400 -30%
    2010-- $830,412 -0.2%
    2009-- $832,386 +2%
    2008-- $816,066 +2%
    2007-- $800,066 +2%
    2006-- $784,380
    2005-- $784,380 +361.7%
    2004-- $169,896 +1.9%
    2003-- $166,783 +2%
    2002-- $163,514 +2%
    2001-- $160,309 +2%
    2000-- $157,167
    Find assessor info on the county website

    Neighborhood: Belle Haven

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,690,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,690,300