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Off market
  • $3,606,300

    675 University Dr, Menlo Park, CA 94025

    --beds
    0baths
    2,456sqft
    MultiFamily
    Built in 1951
    -- sqft lot
    $3,606,300 Zestimate®
    $1,468/sqft
    $7,379 Estimated rent

    Home value

    $3,606,300

    $3.25M - $4.00M

    $7,379/mo

    Zestimate® history
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    $7,379/mo

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    Rent Zestimate®

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    $22,735/mo

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    $22,735/mo

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    What's special

    The 1x1 units have large light filled open floor plans with walk in pantry in kitchen with eating area and a large master bedroom and vanity area off master bathroom. Large walk in storage are on the first floor below the stairwell could be rented as bike locker or storage for additional income. Pitched composite roof and all dual pane windows. Ample parking with 4 carport parking spaces with storage lockers and 2 open parking spaces. The property appears to have all copper plumbing (buyer to verify). All units appear to have hardwood flooring under the carpets throughout the units other than the kitchen and bathroom area (buyer to verify). Rents are well below market. Unit #2 is vacant, financial information assumes market rent. Unit 1 will be vacant by May 31, 2019 and current rent assumes furnished market rent. Market GRM: 17.46 and Market Cap: 4.03%

    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
    Heating
    • Gas
    Cooling
    • None
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 2,456 sqft

    Property

    Parking
    • Parking features: Carport
    Lot
    • Size: 7,535 Square Feet
    Details
    • Parcel number: 071302080

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1951

    Utilities & green energy

    • Utilities for property: Individual Electric Meters

    Community & HOA

    Location
    • Region: Menlo Park

    Financial & listing details

    • Price per square foot: $1,468/sqft
    • Tax assessed value: $2,450,000
    • Annual tax amount: $34,418

    Price history

    DateEventPrice
    6/28/2019Sold$3,250,000-3%$1,323/sqft
    Source: MLSListings Inc #ML81736065 Report a problem
    5/1/2019Price change$3,350,000-4%$1,364/sqft
    Source: Newmark Cornish & Carey #ML81736065 Report a problem
    1/22/2019Listed for sale$3,488,000$1,420/sqft
    Source: Newmark Cornish & Carey #ML81736065 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,418 -25.1%$2,450,000 -31.1%
    2024$45,925 +2.2%$3,554,346 +2%
    2023$44,943 +2.7%$3,484,654 +2%
    2022$43,780 +2%$3,416,328 +2%
    2021$42,939 +0.7%$3,349,342 +1%
    2020$42,649 +224.8%$3,315,000 +418.5%
    2019$13,130 +3.3%$639,296 +2%
    2018$12,706 +2.8%$626,761 +2%
    2017$12,356 +4.1%$614,472 +2%
    2016$11,865 +6.6%$602,425 +1.5%
    2015$11,126 $593,377 +2%
    2014$11,126 $581,755 +0.5%
    2013-- $579,127 +2%
    2012-- $567,772
    2011-- $567,772 +2.8%
    2010-- $552,480 -0.2%
    2009-- $553,794 +2%
    2008-- $542,936 +2%
    2007-- $532,291 +2%
    2006-- $521,855
    2005-- $521,855 +4%
    2004-- $501,592 +1.9%
    2003-- $492,400 +2%
    2002-- $482,746 +2%
    2001-- $473,281 +2%
    2000-- $464,002
    Find assessor info on the county website

    Neighborhood: Downtown Menlo Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,606,300
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    Estimated market value
    $3,606,300