This home presents a rare opportunity in the highly sought-after Allied Arts neighborhood. It is a short stroll to downtown Menlo Park with its wonderful shops, restaurants, grocery stores, and train station, and also to downtown Palo Alto and the Stanford shopping center. The area has award-winning Menlo Park schools, Stanford University, and easy access to numerous Silicon Valley businesses. The charming single-level home has a lovely living room with fireplace, garden views, and gleaming hardwood floors. The patio leads to a yard bordered with mature shade trees. The home could be refreshed, expanded, or rebuilt and makes for an ideal site to build your dream home in the future. Buyers are encouraged to do their own investigation with the City of Menlo Park Planning Dept regarding what can be built on the lot. Check out the three preliminary design sketches for an ADU (located in the disclosure package, MLS photos or property website). This special property has incredible potential!
Single-familyProperty Type
1941Year Built
6,500 sq ftLot Size
$2,643Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Terri Mayall•DRE #01085181• Christie's International Real Estate Sereno
Listed by Leslie Woods•DRE #01855901• Christie's International Real Estate Sereno
A rare opportunity to live in Menlo Park's desirable Allied Arts neighborhood within close proximity to the downtown, Stanford University and two wonderful parks. This charming 3 bedroom, 2 bath home is move-in ready with gleaming hardwood floors & an updated cook's kitchen with stainless steel appliances. The total Sq. Feet does not include the spacious family room which offers an add'l ~400 SF.
Public Records
Jun 29, 2007
Sold
$1,455,000
$1,347/sq ft
MLSListings #ML80730341
Jun 29, 2007
Listing Removed
—
Jun 15, 2007
Sold
$1,455,000
$1,347/sq ft
Jun 4, 2007
Listed
$1,295,000
$1,199/sq ft
+4
CHARMING COMPLET REMOD HM, DESIRBLE ALLIED ARTS. SUNNY GOURM KIT W/ SLAB GRANIT CNTRS, STAINLSS APPLIAN; LR/DR W/ FPLCE; FAB. REMOD BTHS, BEAUT LANDSC YRD W/ CUSTOM "OUTDOOR DIN. RM" SQ FT DOES NOT INCLD CONVRTD GAR. DP'S IN LO & ONLINE
Public Records
Feb 20, 2003
Sold
$715,000
$662/sq ft
MLSListings #ML80304689
Feb 20, 2003
Listing Removed
—
Feb 6, 2003
Sold
$715,000
$662/sq ft
Jan 27, 2003
Listed
$725,000
$671/sq ft
Public Records
Feb 10, 1977
Sold
$96,500
$89/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$31,142 (+2.6%)
$2,266,739 + $1,889,000
$4,155,739
2024
$30,361 (+2.0%)
$2,222,294 + $337,089
$2,559,383
2023
$29,770 (+23.4%)
$2,178,720 + $330,480
$2,509,200
2022
$24,127 (+2.3%)
$2,136,000 + $324,000
$2,460,000
2021
$23,576 (+0.6%)
$1,501,703 + $462,058
$1,963,761
2020
$23,430 (+1.4%)
$1,472,258 + $452,999
$1,925,257
2019
$23,103 (+2.6%)
$1,457,162 + $448,355
$1,905,517
2018
$22,522 (+1.6%)
$1,428,591 + $439,564
$1,868,155
2017
$22,168 (+2.9%)
$1,373,118 + $422,497
$1,795,615
2016
$21,544 (+1.0%)
$1,373,118 + $422,497
$1,795,615
2015
$21,329 (+1.8%)
$1,346,195 + $414,213
$1,760,408
2014
$20,955 (+11.2%)
$1,300,000 + $400,000
$1,700,000
2012
$18,843 (+17.7%)
$1,072,000 + $228,000
$1,300,000
2011
$16,003 (+0.8%)
$1,279,996 + $271,998
$1,551,994
2010
$15,872 (−3.7%)
$1,070,000 + $230,000
$1,300,000
2009
$16,489 (−7.1%)
$1,070,000 + $230,000
$1,300,000
2008
$17,749
$1,248,480 + $265,302
$1,513,782
Tax history for 490 Yale Rd
Year
Property tax
Land + Additions
Assessment*
2025
$31,142 (+2.6%)
$2,266,739 + $1,889,000
$4,155,739
2024
$30,361 (+2.0%)
$2,222,294 + $337,089
$2,559,383
2023
$29,770 (+23.4%)
$2,178,720 + $330,480
$2,509,200
2022
$24,127 (+2.3%)
$2,136,000 + $324,000
$2,460,000
2021
$23,576 (+0.6%)
$1,501,703 + $462,058
$1,963,761
2020
$23,430 (+1.4%)
$1,472,258 + $452,999
$1,925,257
2019
$23,103 (+2.6%)
$1,457,162 + $448,355
$1,905,517
2018
$22,522 (+1.6%)
$1,428,591 + $439,564
$1,868,155
2017
$22,168 (+2.9%)
$1,373,118 + $422,497
$1,795,615
2016
$21,544 (+1.0%)
$1,373,118 + $422,497
$1,795,615
2015
$21,329 (+1.8%)
$1,346,195 + $414,213
$1,760,408
2014
$20,955 (+11.2%)
$1,300,000 + $400,000
$1,700,000
2012
$18,843 (+17.7%)
$1,072,000 + $228,000
$1,300,000
2011
$16,003 (+0.8%)
$1,279,996 + $271,998
$1,551,994
2010
$15,872 (−3.7%)
$1,070,000 + $230,000
$1,300,000
2009
$16,489 (−7.1%)
$1,070,000 + $230,000
$1,300,000
2008
$17,749
$1,248,480 + $265,302
$1,513,782
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,533 Sq. Ft.
Year renovated
—
Sq. Ft.
1,080
Year built
1941
Style
Single Family Residential
County
San Mateo County
APN
071392010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Oct 7, 2025 • Active
Revision
Relocate an office window and remove a coat closet. Swap the locations of the water heaters, modify doors, and perform minor alterations to the building plan.
Remodel
Jul 30, 2025 • Active
Building
Install a roof-mounted photovoltaic solar system and energy storage system on a single-family home.
Battery
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Tankless Water Heater
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Water Information
Water: Public
Location
2nd Unit Information
Unit Description: ADU Schematics
Multi-Unit Information
# of Stories: 1
School Information
Elementary School: Oak Knoll Elementary
Elementary School District: Menlo Park City Elementary
Middle School: Hillview Middle
High School: Menlo-Atherton High
High School District: Sequoia Union High
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,080
Stories: 1.0
Lot Size: 6,533 square feet
Style: Single Family Residential
Year Built: 1941
Year Renovated: —
County: San Mateo County
APN: 071392010
Home facts updated by county records on Sep 2, 2026
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Oak Knoll Elementary School
Public K-5 • Assigned • 1.2mi
10/10
Hillview Middle School
Public 6-8 • Assigned • 0.9mi
9/10
Menlo-Atherton High School
Public 9-12 • Assigned • 1.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Menlo Park continues to attract buyers looking for long-term value, especially in neighborhoods close to downtown and top-rated schools. Well-prepared homes are still generating strong interest, while buyers are taking a little more time to compare...
Menlo Park feels like the quiet secret sibling of Palo Alto. A pedestrian bridge at the end of San Mateo Drive links the city to Stanford land. Allied Arts Guild gives the community a creative heartbeat, and Barrone Café has been the town’s go‑to...
spot to see and be seen, for regulars and newcomers.