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1240 Middle Avenue

1240 Middle Avenue, Menlo Park, CA 94025
Refi May 12, 2020
Transfer
$400,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jun 01, 2050
1240 Middle Avenue 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 1951 and is 73 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 1240 Middle Avenue has 2,030 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 1,100 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 10,450 square feet.

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 430 sqft. According to our sources, there are a total of 2 available parking spaces. 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. 1240 Middle Avenue was last assessed in 2022. The total value of the property was assessed at $943,835. Specifically, the land the property is located on was valued at $574,705. While improvements on the property were assessed at a total of $369,130. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $13,115. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,450
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,030
  • Gross Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF MENLO PARK
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 104 OAKVILLE TERRACE RSM 29/6 CITY OF MENLO PARK

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612700

Zoning

  • Zoning: R10010

Geography

  • Assessors Map Reference: 43-D2
  • Parcel: 071-251-210
  • Lot: 104
  • Latitude: 37.4409
  • Longitude: -122.185

    Address

  • Full Address: 1240 Middle Ave
  • Address - House Number: 1240
  • Address - Street Name: Middle
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C030
  • 4-Digit Zip Code: 5846
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,115
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 3,680,803
  • High Value: 4,496,706
  • Low Value: 2,864,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $943,835
  • Assessed Land Value: $574,705
  • Assessed Improvements Value: $369,130

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1240 Middle Avenue located in?
The 1240 Middle Avenue is a located in the neighborhood of Central Menlo Park in Central Menlo Park, Menlo Park.
What is the average sales price for listings in 1240 Middle Avenue?
The average sales price for units in 1240 Middle Avenue is $0 currently.

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