1111 Hobart Street, Menlo Park, California 94025, Menlo Park, 94025 - 4 bed, 2 bath
ACTIVE$4,395,000$1,983/sqft
Est. Value: $4,006,705
-8%
AboveEstimate
1111 Hobart Street, Menlo Park, California 94025
4Beds
2Baths
1,983Sqft
9,775Lot
Price Vs. Estimate
The estimated value ($4,006,704.76) is $388,295.24 (8%) lower than the list price ($4,395,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9775, living area = 1983.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1983, other record living area = 1740.
Compared to the nearby listings
Price:$4.39M vs avg $3.12M (+$1,270,000)75%
Size:1,983 sqft vs avg 1,996.5 sqft50%
Price/sqft:$2.2K vs avg $1.6K92%
More Insights
Built in 1952 (74 years old).
Condition: The property, built in 1952, is well-maintained and move-in ready, with clean interiors and updated flooring in many areas. However, the kitchen, while functional with updated white cabinets and some stainless steel appliances, features a backsplash and countertops that appear dated. The bathrooms are clean but exhibit styles (tile, vanity) consistent with renovations from 15-30 years ago, rather than recent modern updates. While the home has seen regular upkeep, the overall aesthetic of key areas like the kitchen and bathrooms, combined with the age of the original structure, suggests it would require minor updates to meet current market expectations and styles, aligning with a 'Fair' condition rating.
Year Built
1952
Close
-
List price
$4.39M
Original List price
$4.39M
Price/Sqft
$2,216
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031474
Home ConditionFair
Features
Pool
Patio
View-
About this home
Beautiful 4 Bedroom 2 Bathroom Home in Award Winning Oak Knoll School District. Formal Entry. Elegant Living Room with Fireplace. Formal Dining Area. Beautiful Kitchen with Ample Natural Light. Separate Family Room. 4 Spacious Bedrooms. 2 Bathrooms. Primary Suite Retreat Features Access to Lovely Landscaped Yard. Sparking Pool. Close to Downtown Menlo Park. Award Winning Oak Knoll School District
K
Keri Nicholas
Listing Agent
Nearby schools
9/10
Oak Knoll Elementary School
Public,•K-5•0.7mi
10/10
Las Lomitas Elementary School
Public,•K-3•1.1mi
8/10
Lucille M. Nixon Elementary School
Public,•K-5•2.7mi
8/10
Hillview Middle School
Public,•6-8•0.2mi
8/10
La Entrada Middle School
Public,•4-8•1.0mi
7/10
Terman Middle School
Public,•6-8•4.4mi
7/10
Menlo-Atherton High School
Public,•9-12•1.7mi
9/10
Henry M. Gunn High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
11/15/00
Sold
$1,412,500
01/02/03
Sold
$1,150,000
Condition Rating
Fair
The property, built in 1952, is well-maintained and move-in ready, with clean interiors and updated flooring in many areas. However, the kitchen, while functional with updated white cabinets and some stainless steel appliances, features a backsplash and countertops that appear dated. The bathrooms are clean but exhibit styles (tile, vanity) consistent with renovations from 15-30 years ago, rather than recent modern updates. While the home has seen regular upkeep, the overall aesthetic of key areas like the kitchen and bathrooms, combined with the age of the original structure, suggests it would require minor updates to meet current market expectations and styles, aligning with a 'Fair' condition rating.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9775, living area = 1983.
Great Schools: Elementary School: Las Lomitas Elementary School (10/10). High School: Henry M. Gunn High School (9/10).
Exceptional Location: Situated in highly desirable Menlo Park, offering proximity to Downtown amenities and a prestigious address.
Top-Tier School District: Located within the 'Award Winning Oak Knoll School District,' a significant draw for families seeking excellent educational opportunities.
Private Outdoor Oasis: Features a 'Sparkling Pool' and 'Lovely Landscaped Yard,' providing a private retreat for relaxation and entertaining.
Versatile Living Spaces: The home boasts a functional layout with a Formal Entry, Elegant Living Room with Fireplace, Formal Dining Area, and a Separate Family Room, catering to diverse lifestyle needs.
Spacious Lot: A generous 9775 sqft lot size offers ample outdoor space and potential for expansion or further landscaping enhancements.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1983, other record living area = 1740.
Property Age: Built in 1952, the home's age may suggest a need for updates to systems (e.g., HVAC, electrical, plumbing) or a more modern aesthetic, despite current descriptions.
High Investment Threshold: The list price of $4.395 million places it in a premium market segment, narrowing the potential buyer pool.
Bathroom-to-Bedroom Ratio: With 4 bedrooms and only 2 bathrooms, some prospective buyers may find the bathroom count to be less than ideal for a home of this size and price point.