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For Sale
(MLS-listed)
$1,448,000
1250 MILLS St Menlo Park, CA 94025
| Beds: | 8 |
| Baths: | 4 |
| Sq. Ft.: | 3,453 |
| $/Sq. Ft.: | $419 |
| Lot Size: | 9,000 Sq. Ft. |
| Stories: | 2 |
| View: | Neighborhood |
| Year Built: | 1951 |
| Community: | Middlefield to El Camino |
| County: | San Mateo |
| MLS#: | 80938238 |
| Source: | MLSListings |
| Status: | Active |
| On Redfin: | 108 days |
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$50,000 price reduction, GREAT INVESTMENT LOCATION, LOCATION, BIKE TO STANFORD, WALK TO DOWNTOWN MENLO PARK THIS BUILDING IS WELL MAINTAINED AND PRIDE OF OWNERSHIP. THREE OF THE FOUR UNITS HAVE BEEN REMODELED, EACH OF THE UNITS HAVE HARDWOOD FLOORS, WOOD BLINDS, UPDATED APPLIANCES. THEY ARE SPACIOUS WITH AN EXELLENT LAYOUT
Laundry Information
- Coin-Operated Washer/Dryer (Owned)
- Laundry Area (In Garage)
Utility Information
- City/Public Water
- Sewer in and Connected
- Individual Electric Meter
- Individual Gas Meter
- Individual Water Meter
- Master Electric Meter
- Master Gas Meter
- Master Water Meter
Property Features
- Carpets (Some Units)
- Disposal (All Units)
- Microwave (Some Units)
- Oven/Range (All Units)
- Refrigerator (All Units)
- Window Coverings (All Units)
Unit 2 Information
- # of Bedrooms: 2
- # of Baths: 1
- Size: 864
- Rent: $1,750
Lot Information
- Parcel Number: 061-401-220
Community Information
- 4 Units
School Information
- Elementary School: Laurel
- Middle School: Hillview
- High School: Menlo-Atherton
- Elementary District: Menlo Park City Elementary
- High School District: Sequoia Union High
Flooring Information
- Tile
- Granite Floors
- Hardwood
Building Information
- # of Units (Total): 4
- Concrete Perimeter Foundation
- Composition Roof
Multi-Family Information
- 2 Bedroom Unit(s)
- Vacancy Factor: 0
- Vacancy Amount: 0
- Existing Rental Terms: Month-to-Month Rental(s)
- Existing Rental Terms: Lease(s) Less than 1 Year
- Existing Rental Terms: Lease(s) 1 Year
Unit 3 Information
- # of Bedrooms: 2
- # of Baths: 1
- Size: 864
- Rent: $1,650
Location Information
- Cross Street: OAKGROVE
- City Limits: City Limits
Financial Information
- Tax Amount: $17,845.24
- Gross Rent Multiplier: 16.94
- Laundry Income: $1,500
- Rental Income: $84,000
- Net Income: $61,955
- Gross Scheduled Income: $85,500
- Gross Annual Income: $85,500
- Gross Annual Income Includes: Laundry
- Capitalization Rate: 4.2790000000
- Financial Information Source: Tax Return
- Financial Information Source: Accountant
- Financial Information Source: Owner
Listing Information
- AVM: Allow AVM
- Commenting: Allow Commenting
Heating & Cooling
- Wall Furnace
Parking Information
- Carport(s)
- 1 Space Per Unit
Unit 1 Information
- # of Bedrooms: 2
- # of Baths: 1
- Size: 864
- Rent: $1,800
Unit 4 Information
- # of Bedrooms: 2
- # of Baths: 1
- Size: 864
- Rent: $1,800
Property Information
- # of Buildings: 1
- Zoning: R3
Expense Information
- Garbage
- Gardener
- Insurance
- Water
- Garbage: $1,200
- Insurance: $2,500
- Maintenance: $1,000
- Water/Sewer: $1,000
- Total: $23,545
- Owner Pays Garbage
- Owner Pays Gardener
- Tenant Pays Gas
- Tenant Pays Water
- Tenant Pays Electric
Listing last changed
November 13, 2009, 2:54 PM
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Overhead View of 1250 MILLS St, Menlo Park, CA 94025
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Property History for 1250 MILLS St
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Sep 08, 2009 | Price Changed | $1,448,000 | -- | MLSListings #80938238 |
| Aug 08, 2009 | Listed | $1,498,000 | -- | MLSListings #80938238 |
| Apr 06, 2005 | Sold (Public Records) | $1,360,000 | 6.6%/yr | Public Records |
| Jul 02, 2002 | Sold (Public Records) | $1,140,000 | -- | Public Records |
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 1250 MILLS St
| Beds: | 8 |
| Baths: | 4.0 |
| Finished Sqft: | 3453 |
| Unfinished Sqft: | - |
| Total Sqft: | 3453 |
| Floors: | 2 |
| Lot Size: | 9,000 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1951 |
| Year Renovated: | - |
| County: | San Mateo County |
| APN: | 061401220 |
| Last Updated: | November 18, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $736,053 |
| Additions | $736,053 |
| Total | $1,472,106 |
| Tax (2008) | $18,383 |
Home Value Estimates for 1250 MILLS St
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More Info
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Nearby Similar Sales
More Info
Closest homes similar to 1250 MILLS St, which sold within the past six months:
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Link to this page at
http://www.redfin.com/CA/Menlo-Park/1250-Mills-St-94025/home/857364
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Rave Reviews of our Agents
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Buyer
in 94043
(11/18/2009)
About Brad Le
"Brad and his assistant Jen have been fantastic to work with. I purchased a condo that had four offers, and mine was sel…" -
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in 94087
(11/12/2009)
About Jim Holt
"Overall, not bad. Prompt response on both email and phone, handled most thing professionally. But anyone who wants to u…" -
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in Redwood Shores
(11/12/2009)
About Brad Le
"Brad was able to help us to win a bidding war and walk us through the buying process with patience. He was very kind and…"
