Realty Concert's North Fair Oaks Real Estate Information and Trends

Time to (google) Juice Up the MLS-2 Blog

2007-07-19T11:56:00.001-07:00

We've been stocking the pond over at the MLS-2 blog. Come by to check it out (spiders welcome!) at MLS Listings on Maps - the blog (http://www.mls-2.com/blog)

More play on the big Z

2007-07-18T14:34:00.000-07:00

Today we switched the profile over from North Fair Oaks Menlo Park real estate to reflect the greater service area of MLS-2.com - see it here
MLS listings on maps, MLS-2.com

Experimenting with Zillow

2007-07-17T10:53:00.000-07:00

For a bit now I've been experimenting with Zillow and their advertising features. Here is a link to my North Fair Oaks Real Estate Profile on their service.

There is an ongoing discussion between myself with our MLS Listings on Maps service MLS-2.com, and others in the real estate 2.0 space about whether Zillow will stick with advertising only or will move into a transaction business model. I personally think they will move to transactions (and that's our model at MLS-2), and based on their advertising effectiveness, they'd be well advised!

Sale Pending -433 Encina Avenue "Sold in 3 days"

2007-05-17T11:58:00.000-07:00

Type: Detached Single Family
Status: Pending do not show
List Date: 05/07/07
Price: $2,095,000
Last Modification Date: 05/10/07
Location: 433 ENCINA AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 4
Bathrooms Full: 3
Bathrooms Half: 1
Approx. Sq. Ft.: 3765
Approx. Lot Size: 10,500sf
Approx age: 5

Sale Pending - 640 10th Ave.

2007-05-15T12:04:00.000-07:00

Type: Detached Single Family
Status: Pending w/o release
List Date: 04/14/07
Price: $849,000
Last Modification Date: 05/15/07
Location: 640 10TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 2
Bathrooms Full: 1
Bathrooms Half: n/a
Approx. Sq. Ft.: 1010
Approx. Lot Size: 6,429sf
Approx age: 63
MLS#: 719392

Closed Sale - 715 18th Avenue

2007-05-10T16:27:00.000-07:00

Type: Detached Single Family
Status: Sold
List Date: 03/24/07
Price: $829,000
Sale Price: $839,000
Close of escrow: 5/10/2007
Bedrooms: 3
Bathrooms Full: 1
Approx. Sq. Ft.: 920
Approx age: 57
MLS#: 714999

Closed Sale - 663 17th Avenue

2007-05-07T16:38:00.000-07:00

Type: Detached Single Family
Status: Sold
List Date: 03/11/07
Price: $898,000
Sale Price : $921,000
Close of Escrow : 05/08/2007
Area: 311
Bedrooms: 3
Bathrooms Full: 2
Approx. Sq. Ft.: 1690
Approx. Lot Size: 5,350sf
Approx age: 67
MLS#: 712051

Closed Sold - 655 14th Ave. "Sold in 9 days"

2007-05-02T11:19:00.000-07:00

Type: Detached Single Family
Status: SOLD
Sale date:5/2/2007
List Date: 04/09/07
List Price: $995,000
Sale Price : $1,150,000
Close of Escrow 05/02/07
Location: 655 14TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 4
Bathrooms Full: 2
Bathrooms Half: n/a
Approx. Sq. Ft.: 1900
Approx. Lot Size: 5,350sf
Approx age: 66
MLS#: 717902

Sale Pending - 523 Encina Avenue "Sold in 11 days"

2007-05-01T11:26:00.000-07:00

Status: Pending do not show
List Date: 04/20/07
Close of escrow : 05/16/07
Price: $1,249,000
Location: 556 ENCINA AV, Menlo Park, CA
Area: 311
Bedrooms: 3
Bathrooms Full: 2
Approx. Sq. Ft.: 2001
Approx. Lot Size: 11,603sf
Approx age: 55
MLS#: 720837

Sale Pending - 3420 Edison Way

2007-04-25T11:32:00.000-07:00

Type: Detached Single Family
Status: Pending w/o release
List Date: 04/13/07
Close of escrow: 05/25/07
Price: $669,000
Location: 3420 EDISON WY, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms Full: 2
Bathrooms Half: n/a
Approx. Sq. Ft.: 1050
Approx. Lot Size: n/a
Approx age: 52
MLS#: 719266

Closed Sale - 523 Encina Avenue

2007-04-23T16:49:00.000-07:00

Type: Detached Single Family
Status: Pending w/release
List Date: 01/03/07
Price: $2,350,000
Sale: $2,135,000
Close of escrow :4/23/2007
Bedrooms: 5
Bathrooms: 4
Approx. Sq. Ft.: 3500
Approx. Lot Size: 8,100sf
MLS#: 700220

Derry Project Update

2007-04-12T16:59:00.000-07:00

The O'Brien Group (representing the Derry Project developers) and a separate group of individuals representing the organizers of the petition to stop this development have been negotiating privately in an attempt to come up with a compromise for this mixed-use commercial and housing project which was originally approved last year for development near the Menlo Park train station.

Look for an update in the coming weeks. At that point, the whole Derry Project and its related referendum matter will likely come back to the City Council for action. With or without a compromise by the two parties above, the ultimate decision will come back to staff, the Planning Commission, the City Council, and the public. If the two private parties do reach a compromise, it will only be a starting point from which the public process will begin. If a revised plan is submitted, the public will most certainly have an opportunity to review it and add their comments.

City and School Decide Against Synthetic Turf Field at Encinal

2007-04-12T16:58:00.000-07:00

As reported in early March, the Menlo Park City School District informed the City that they planned to redevelop the athletic field at Encinal School this summer. They had asked Menlo Park to consider paying for the incremental cost of using a synthetic turf instead of traditional turf. Installation of synthetic turf would have been quicker (enabling use as early as this Fall) and would have helped meet the need for a city-wide, full sized, multi-use sport field. The synthetic turf, with it's reduced maintenance requirements would have allowed increased usage (up to 38% more days of availability) and would have eliminated the need for watering and fertilization.

However, many local residents were not in favor of this proposal, and there was a significant, organized effort to block the use of synthetic turf at Encinal. Key arguments against it included claims and concerns about health, environmental impact, traffic, and appropriateness of a full-sized, synthetic field at an elementary school where young children would have limited other grass fields on which to play.

This was a difficult decision given the desperate need in our city for more playing fields set against the concerns noted above. In the final analysis, I felt that, based on the data that I had received from various experts, many of the health and environmental claims against modern synthetic turf were unsubstantiated (and in fact, arguably favored synthetic turf) and that the "pros" outweighed the "cons" in this case. Rich Cline and I voted to authorize a financial contribution from the city (pending development of a mutually agreeable design and use plan). The majority of the council, however, voted against any subsidy from the City for a synthetic field at Encinal. Based on Council's decision, the school board decided the next night to move forward with a smaller, grass field.

It will be a great field, but outside use for non-school activities will be limited due to its reduced size and the normal requirements for "down time" that natural grass fields require. We will also be without any usable sport field at Encinal this Fall since the natural grass field is expected to not be ready for use until at least December or January.

On the Road ....

2007-04-12T16:57:00.000-07:00

I've received lots of questions about various transportation projects recently. Here's a quick update:

1. Valparaiso. The north side of this road is in Atherton and the south side is in Menlo Park, so the repaving work has been a shared responsibility. Atherton just finished their work on the base on their half (the road fully re-opened today!). Menlo Park will be patching our side of the road probably in late May or early June (it is out to bid right now). After our patching is done, Atherton will have responsibility for repaving a final 2 inch top over the entire road (both sides) to ensure a smooth, seamless finish. The job is expected to be completed before the end of the Summer.

2. El Camino Real. The work currently being done near Middle and El Camino will result in a new left turn lane and access into the Safeway off of north-bound El Caminon Real. This new access will be similar to the north-bound turn lanes into Stanford Shopping Center off El Camino in Palo Alto. They will help off load traffic and delays on Middle.

3. Willow Road. This work, currently underway, will provide for improvements to sidewalks, paving, and landscaping on Willow Road, Durham St., and Chester St. The objective of the improvements is to enhance the local area and provide for a more visually appealing entryway to the City. Estimated completion date: May 2007.

4. Sand Hill Road. Work is scheduled to begin in late April for a resurfacing project for most of Sand Hill Road, from Santa Cruz to I280. The road will receive an new 2 inch topping made of a rubberized asphalt blend that is expected to reduce noise and provide a longer life. Since it utilizes ground up tires that no longer find their way to our landfills, it's also an environmentally sound solution! We are benefitting from federal grant money to help subsidize this project which should also be completed before the end of Summer.

Road Improvements (Or Not?)

2007-04-05T22:03:00.000-07:00

Here is a guest post from a concerned neighbor on 8th:

Hi Neighbors,

Great to see you at the meeting Monday night.
I promised to send a link to the road improvement schedule to some
people and I've done a bit of reading on the county web site so
thought I'd circulate that information to help us move forward.

Here's a link to the North Fair Oaks road improvement list, with
priorities and dates as they were apparently set in 2002:
http://www.co.sanmateo.ca.us/smc/department/dpw/home/
0,,5562541_5562593_784436660,00.html

From the county site, I learned something interesting by I following
this link: http://www.co.sanmateo.ca.us/smc/department/cmo/home/
0,2242,1909_222285,00.html
and reading document A-1 (County Manager's Budget Message) pages A5-
A6 on Roads.

Basically, the county is well aware that certain roads in North Fair
Oaks are "below minimum standards". Interestingly, the repair money
comes from a gasoline tax rather than
property taxes. The state has been "borrowing" this money and for
this and various other reasons the county road fund has been
consistently losing money.
Something called "Measure A" allocated an additional 1/2 cent tax
that many other cities (like Foster city and San Carlos) have been
able to use to re-surface almost all their roads.
We however have more rural roads with bigger problems and I guess
there hasn't been enough money (i.e. enough hasn't been allocated to
our area) to repair many of the roads in need.

If the county really will have some extra money coming in that they
can be persuaded to use on North Fair Oaks, then it's all going to
come down to focusing on priorities and getting some funding
allocated to those. We haven't been told yet what the budget is. But,
we do know that the roads in many parts of North Fair Oaks are in
terrible shape with dirt, dust, debris, potholes, flooding and even
sewage. It might be most beneficial to us to frame this as a health
and safety issue. In any case, I think we need to be clear with them
that the current schedule for improvements is completely unacceptable
and that we are demanding additional funding/highest priority for
these long overdue improvements.

I'd like to come up with a plan for next steps to address this and
other immediate concerns we have. I know funding for our local park
is another major issue, and one that FOBA should be representing at
these meetings considering they have the task of raising the funds to
keep the park open. I was surprised to see so few residents from our
part of the area were at the meeting. I *think* we all have similar
concerns. We can at least let as many neighbors know as possible
through word of mouth.

I'd be happy to get a petition going for road repair on 8th and/or
take pictures of the various streets in disrepair in our neighborhood.

Let me know if you have any thoughts.

Thanks!
- Katie Grandy
8th Ave

Pending Sales now updated if SOLD

2007-04-05T22:00:00.000-07:00

look below for the older posts of pending sales if you want to see how they turned out. We simply updated the old post to be "Sold" rather than make a new post.

Things are picking up in the ol' 311!

Close Sale - 652 San Benito Ave.

2007-04-02T21:09:00.000-07:00

Status: Pending do not show
List Date: 02/09/07
List Price: $1,099,000
Sale Price: $1,075,000
Close of escrow Date:04/3/07
Location: 652 SAN BENITO AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 4
Bathrooms: 3
Approx. Sq. Ft.: 2140
Approx. Lot Size: 5,350sf
Approx age: 31
MLS#: 706587

Closed Sale - 555 8TH AV, Menlo Park

2007-03-23T21:05:00.000-07:00

Status:
Sold
List Date: 02/16/07
List Price: $829,000
Sales Price: $856,000
Close of escrow Date: 03/02/07
Location: 555 8TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms: 1
Approx. Sq. Ft.: 1390
Approx. Lot Size: 5,300sf
Approx age: 70
MLS#: 707760

Closed Sale - 658 11TH AV, Menlo Park

2007-03-16T21:18:00.000-07:00

Status: Sold
List Date: 01/18/07
List Price: $585,000
Sale Price: $570,000
Close of escrow Date: 04/15/07
Location: 658 11TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms: 1
Approx. Sq. Ft.: 920
Approx. Lot Size: 2,675sf
Approx age: 53
MLS#: 702612

Closed Sales - 612 12TH AV, Menlo Park

2007-03-16T21:07:00.000-07:00

Status: Sold
List Date: 02/11/07
List Price: $899,000
Sale Price: $935,000
Close of escrow Date: 03/16/07
Location: 612 12TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms: 2
Approx. Sq. Ft.: 1270
Approx. Lot Size: 5,136sf
Approx age: 73
MLS#: 706938

Closed Sale - 491 9TH AV, Menlo Park,

2007-03-08T21:18:00.000-08:00

Status: Sold
List Date: 01/22/07
List Price: $799,000
Sale Price:$$816,000
Close of escrow Date: 03/07/07
Location: 491 9TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms: 1
Approx. Sq. Ft.: 1210
Approx. Lot Size: n/a
Approx age: 99
MLS#: 703150

Closed Sale - 638 16TH AV, Menlo Park

2007-03-06T20:59:00.000-08:00

Status: Sold
List Date: 02/25/07
List Price: $1,449,000
Sale Price: $1,551,000
Close of Escrow Date: 03/16/07
Location: 638 16TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 4
Bathrooms: 3
Approx. Sq. Ft.: 2541
Approx. Lot Size: 5,500sf
Approx age: 13

Closed Sale - 646 9th Ave. Menlo Park

2007-03-02T14:31:00.000-08:00

Listed for $849,000
Sold for $857,000
Closed 3/2/2007
County Area/Fair Oaks Ave
(Area 311)
Detached Single Family (Class 1)
Bed/Bath: 3/2
SqFt: 1090 (County)
Lot: 5,350 sq ft
Age: 56 years
Parcel #: 060-116-150

Closed Sale - 635 17TH AV, Menlo Park

2007-02-28T21:03:00.000-08:00

Status: Sold
List Date: 02/18/07
List Price: $858,000
Sale Price: $1,000,000
Close of escrow Date: 03/14/07
Location: 635 17TH AV, Menlo Park, CA 94025 (map)
Area: 311
Bedrooms: 3
Bathrooms: 2
Approx. Sq. Ft.: 1310
Approx. Lot Size: 5,350sf
Approx age: 35
MLS#: 708197

FOBA Bigwigs

2007-01-28T13:25:00.001-08:00

Pirates at Fair Oaks & Twelth

2007-01-26T09:16:00.001-08:00

Fair Oaks repairs done

2007-01-26T09:13:00.000-08:00

Fair Oaks Winter Mixer Right Around The Corner!

2007-01-24T06:27:00.000-08:00

SUNDAY, SUNDAY, SUNDAY! One day only!
1/28 12-3 PM - Riekes Center, 3455 Edison Way, Menlo Park

There will be a bouncy house, batting cage and chocolate fountain to name just a few activities. Come meet your neighbors, talk about FOBA and the playground, and have some coffee & tea.

I'll be at the batting cage the first hour if you want to say 'hi' or talk about the market!

Market's Improving

2007-01-23T07:00:00.000-08:00

We're seeing signs that the market is firming up. Activity on MLS-2.com, and anecdotal evidence in the open houses gives us some good feelings about '07. This is not to say prices will go up 20% this year!

What exactly does that mean?

It might take one less week and or one less Open House to sell a home; Say 7 instead of 8 if it's priced right. I predict avg. DOM to decrease 5% (more if we only look at listings put on in '07 that are priced right).
Buyers will see their competition at open homes and will be more likely to decide to write an offer, and will include less concessions to them.
Buyers will have the confidence to buy now and not get hammered on value in '07 & '08.
Sellers STILL NEED to keep properties in great showing condition.
Sellers STILL NEED to be reasonable on price.
Competition with other listings will still play a big role in a paticular listing's marketabilty.

Closed Sales - 461 7th AVENUE,MENLO PARK

2006-12-08T21:52:00.000-08:00

Price: $634,000

Sale Price: $624,000

Sale Date: 12/07/06

DOM: 45

Bedrooms: 2

Bathrooms: 1

Approx. Sq. Ft.: 790

Approx. Lot Size: 6,000

Approx age: 65

COMING SOON - Trade Up in North Fair Oaks!

2006-12-07T18:16:00.000-08:00

PERFECT FOR TRADE UP BUYERS....ready for a change, need more space??

CHARMING AND SUN FILLED HOME AT END OF QUIET CUL DE SAC, FRONT YARD FENCED & NICELY LANDSCAPED. BKYRD PRIVATE & SUNNY. DOUBLE PANED WINDOWS THROUGHOUT, UPDATED GRANITE COUNTER TOPS, HARDWOOD FLOORS.
FRESHLY PAINTED AND READY TO MOVE INTO.

Call Patrick at Realty Concert for more info.

Closed Sale - 635 14TH AVENUE, MENLO PARK

2006-12-01T21:56:00.000-08:00

Price: $649,000

Sale Price: $635,000

Sale Date: 11/02/06

DOM: 20

COE: 11/30/06

Bedrooms: 2

Bathrooms: 2

Approx. Sq. Ft.: 1100

Approx age: 61

Closed Sale - 446 8th AVENUE, MENLO PARK

2006-11-25T10:28:00.000-08:00

Price: $699,000

Sale Price: $680,000

Sale Date: 10/26/06

DOM: 24

COE: 11/21/06

Bedrooms: 1

Bathrooms: 1

Approx. Sq. Ft.970

Approx.Lot Size: 5,350

MLS-2.com Launches

2006-11-19T20:52:00.000-08:00

Be sure to check out Realty Concert's new web service, www.MLS-2.com, Offering complete local MLS search, Market Data, Maps, and local Real Estate Information

North Fair Oaks Playground Fundraiser Update

2006-11-19T20:50:00.000-08:00

To date (Nove 19th), eighty-seven North Fair Oaks households sent an average of $57, for a total of $4,920. The goal is $6,000! It's the giving season and of course the gift is tax-deductible...Contact Patrick Boyle for more info.

Please help keep this North Fair Oaks neighborhood gem in our crown!

Closed Sale - 819 15th AVENUE, MENLO PARK

2006-11-18T22:10:00.000-08:00

Price: $719,000

Sale Price: $725,000

Sale Date: 10/20/06

DOM: 17

COE: 11/17/06

Area: 311

Bedrooms: 2

Bathrooms: 1

Approx. Sq. Ft.: 880

Approx. Lot Size: 6,700s

Approx age: 55

MLS#: 662196

Closed Sale - 3820 EDISON WAY, North Fair Oaks, Menlo Park, CA

2006-10-31T21:59:00.000-08:00

List Price: $665,000
Sale Price: $650,000
Original Price: $735,000
List Date: 08/14/06
Sale Date: 10/08/06
DOM: 55
COE: 10/31/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 730
Approx Lot Size: 8350sf
Approx age: 82

Closed Sale - 443 9TH AV. North Fair Oaks, Menlo Park CA

2006-10-24T22:30:00.000-07:00

List Price: $1,099,000
Sale Price: $1,152,000
List Date: 09/18/06
Sale Date: 10/02/06
DOM: 14
COE: 10/23/06
Bedrooms: 4
Bathrooms: 3
Approx Square Feet: 2490
Approx Lot Size: 5300SF
Approx age: 17

Proposed Automall - What will it do for North Fair Oaks Real Estate

2006-10-11T10:29:00.000-07:00

While While North Fair Oaks doesn't benefit from any Menlo Park city tax revenues, the proximity to our neighborhood makes this an interesting development:

Last night the Menlo Park City Council unanimously voted to take next steps to securing a new auto-mall at the northern gateway to Menlo Park—at the Bay Front Expressway and Willow Rd, near the Dumbarton Bridge.

The Automall is a 22 acre site that would be accessed off Bayfront Expressway. General Motors expects to purchase this property in 60 days from Tyco. It would use 8 1/2 acres for GM dealerships, and intends to put other dealerships, related operations, and or destination retail on the remaining acreage.

According to the Council, the Major Deal Makers/Breakers are:

1. The first is a tax sharing arrangement between GM and the city as follows: We will initially split tax revenues 50/50. After 15 years, or more probably after GM recovers $10million, all the city share of tax proceeds go to us. Such arrangements are fairly common place, as the Council heard, and is necessitated in this case, by the extraordinary costs associated with developing a brown-field site.
2. Secondly, Caltrans must agree to the installation of a traffic signal on Bay Front Expressway, to permit a left hand turn into the site. A traffic study will be conducted in conjunction with this request and GM will pay for both the light and the study.
3. Retail tenants for the remaining 13 1/2 acres must be found. All in progress.
Anticipated Revenues to the City would accrue from both sales and property taxes. Sales taxes, with the split tax arrangement, on the 8 1/2 acres, are expected to initially generate $750,000 a year, just on the 8 1/2 acre portion controlled by GM.

Nothing's Sold! (as of today)

2006-10-04T16:34:00.000-07:00

Lot's of canceled listings, but no closed sales yet for North Fair Oaks Menlo Park (area 311 in our MLS).
417 9TH AV & 443 9TH AV are Pending sale, so we'll let you know.

That 6% Article

2006-09-20T23:07:00.000-07:00

There's been a lot of talk about this article in the Merc:

Here's what we say to buyers:

The article makes the market look bad, and may give you pause as a buyer. But remember that sellers are reading it too! Now is a great time to buy because sellers are really really scared. We can negotiate with them to give you a price that will protect you from a possible downturn in the market, or will actually make you money...
Next spring, when sellers see that it's not so bad, and buyers keep buying (just slower), they will be reluctant to drop their prices or give us some great concessions. We still see plenty of buyer interest, and more people moving into the area for jobs - just look at all the out-of-state license plates. We see these people are coming to our open houses, but they're not buying just yet, they're renting. This pent-up demand may start to show itself next spring, and the good 'bottom feeding' will be gone!

Here's what we say to Sellers:

The article makes the market look bad, and may give you pause as a seller. And know that buyers are reading it too! Now is a tough time to sell because buyers are really really scared.

We have to give them a price that will make them feel comfortable if a possible downturn in the market happens.

Next spring, it may be a different story. We feel buyers will keep buying (just slower), as we still see plenty of buyer interest, and more people moving into the area for jobs . Just look at all the out-of-state license plates. These people are coming to our open houses, but they're not buying just yet, and they're renting. This pent-up demand may start to show itself next spring, and all the 'bottom feeding' will be gone!

Some areas are not declining. Palo Alto is very competitive for buyers right now!

Playground Fundraiser Update

2006-09-01T11:06:00.000-07:00

According to Jill Kinney-Andre, our esteemed playground co-ordinator at FOBA, we've raised approximately $2500 and contributions continue to come in. Please help if you haven't already, and thanks to those who have! Email Jill if you want to donate: jillkin {at} mac DOT com

Homes on market over 100 days

2006-09-01T10:32:00.000-07:00

By looking at data other than "solds" you get a more complete picture of the market. In a "normalizing" (softer) market, one needs to study active listings that are not moving, and expired, canceled or withdrawn listings. Here are a few for our area that have / had 100+ DOM (Days On Market):

PENDING SALE, close of escrow approx mid Oct.
3304 EDISON WY, Menlo Park
DOM: 164
$599,000 : 3 bed / 2 bath

Active listing
433 8TH AV.
DOM: 124
$997,500 : 3 bed / 2 bath (started at $1,060,000)

Expired
575 9TH AV
DOM: 101
$1,789,000 : 4 bed / 4+ bath

Closed Sale - 467 8TH AV, North Fair Oaks, Menlo Park, CA

2006-08-11T12:56:00.000-07:00

List Price: $725,000
Sale Price: $785,678
List Date: 07/23/06
DOM: 9
COE: 08/11/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 990
Approx Lot Size: n/a
Approx age: 58

Closed Sale - 740 17TH AV. North Fair Oaks, Menlo Park CA

2006-08-09T12:46:00.000-07:00

List Price: $729,000
Sale Price: $757,000
List Date: 05/18/06
DOM: 51
COE: 08/09/06
Bedrooms: 4
Bathrooms: 2
Approx Square Feet: n/a
Approx Lot Size: 5350SF
Approx age: n/a
NOTE: This was a former 1-1 duplex converted to a single family.

Closed Sale - 811 MARSH RD. North Fair Oaks, Menlo Park CA

2006-08-07T12:50:00.000-07:00

List Price: $609,000
Sale Price: $627,000
List Date: 05/19/06
DOM: 61
COE: 08/07/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 880
Approx Lot Size: 4700SF
Approx age: 57

Closed Sale - 3422 OAK DR.North Fair Oaks, Menlo Park CA

2006-07-31T12:42:00.000-07:00

List Price: $875,000
Sale Price: $875,000
DOM: 23
COE: 07/31/06
Bedrooms: 3
Bathrooms: 1&1/2
Approx Square Feet: 1450
Approx Lot Size: 5300 sf
Approx age: 56

Closed Sale - 4205 Fair Oaks Ave. North Fair Oaks, Menlo Park

2006-07-18T11:35:00.000-07:00

List Price: $899,000
Sale Price: $875,000
List Date: 05/12/06
DOM: 32
COE: 07/18/06
Bedrooms: 3
Bathrooms: 1
Approx Square Feet: 1220
Approx Lot Size: 5875SF
Approx age: 58

Closed Sale - 688 17TH AV North Fair Oaks, Menlo Park, CA

2006-07-12T11:51:00.000-07:00

List Price: $699,000
Sale Price: $699,000
DOM: 14
COE: 07/12/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 970
Approx Lot Size: 4280 sf
Approx age: 54

Closed Sale - 675 10TH AV, North Fair Oaks, Menlo Park, CA

2006-07-11T11:28:00.000-07:00

List Price: $729,000
Sale Price: $712,000
List Date: 05/19/06
Sale Date: 06/28/06
DOM: 40
COE: 07/14/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 930
Approx Lot Size: 5775 sf
Approx age: 51

Closed Sale - 3308 EDISON WY, North Fair Oaks, Menlo Park, CA

2006-07-07T12:27:00.000-07:00

List Price: $798,000
Sale Price: $770,000
List Date: 05/02/06
DOM: 39
COE: 07/07/06
Bedrooms: 2
Bathrooms: 2
Approx Square Feet: 1190
Approx Lot Size: 7800sf
Approx age: 96

Closed Sale - 3775 BAY RD., North Fair Oaks, Menlo Park

2006-07-01T12:34:00.000-07:00

List Price: $749,000
Sale Price: $750,000
DOM: 15
COE: 06/30/06
Bedrooms: 2
Bathrooms: 1
Approx Square Feet: 990
Approx Lot Size: 5500 sf
Approx age: 56

The North Fair Oaks Park & Property Values

2006-06-30T22:17:00.000-07:00

The North Fair Oaks community park and playground is at a crossroads, and needs the community's help.

Located at the end of Fair Oaks Ave, at Edison, this park was put together by community volunteers and is maintained solely by fundraisers and donations. Many NFO residents think this park is a county park, funded by the county -- it's not.

No government gives us money to run the park. And fundraisers don't pull in enough for the year. Currently it needs about $6,000/yr. to simply maintain itself.

The park is used by many in the area, from little children playing, to older kids using the basketball court, to families having an outdoor birthday party.

A park such as this benefits every home owner's property value, and to have a cohesive community which we (real estate agents) can point to when we market a home for sale is a big advantage. You should overhear an agent (a good agent) saying to someone at an open house "This is such a great, tight-knit, family orientated community. They even built a park just down the street!"

FOBA is organizing a straight-forward fundraising letter to NFO community residents. When you receive it, please consider what it means to have a local park for our kids, and what it means to the greater value of the North Fair Oaks neighborhood, and please give generously.

Closed Sale - 811 17TH AV, North Fair Oaks, Menlo Park

2006-06-30T13:18:00.000-07:00

811 17th Ave., Menlo Park, CA
List Price: $849,000
Sale Price: $871,000
List Date: 05/31/06
Sale Date: 06/09/06
DOM: 9
COE: 06/28/06
Bedrooms: 3
Bathrooms: 2
Approx Square Feet: 1230
Approx Lot Size: 8300
SF Approx age: 56

Closed Sale - 4024 Fair Oaks Ave., Menlo Park

2006-06-27T12:49:00.000-07:00

4024 FAIR OAKS AV, Menlo Park, CA 94025
(N/W corner Fair Oaks & 15th/Palmer)
List Price: $1,099,000
Sale Price: $1,175,000
List Date: 06/11/06
Sale Date: 06/11/06
COE: 06/26/06
Bedrooms: 5
Bathrooms: 2
Approx Square Feet: 2130
Approx Lot Size: 10250 SF
Approx age: 75

Patrick Boyle, Host & Full-Time Realtor

2006-06-20T21:15:00.000-07:00

This is a North Fair Oaks Real Estate Blog

I'll try to add as much to the local real estate discussion as I can. The North Fair Oaks (NFO) area is a beautiful, architecturally diverse, and close-knit community. I live here in North Fair Oaks with my wife Anne-France and my two young ones. We use the park and enjoy walks on what I call the "walking circuit."

Please feel free to post a comment, call or email me with questions, about the community, the value of your North Fair Oaks home, or real estate in general.

I'm a full-time Realtor and managing broker of my own company, Realty Concert. When you or your friends need real estate help, check out my profile and consider what my 15 years experience could do for you on your next purchase, sale or investment of real estate.

Recently Sold - 678 San Benito Ave., North Fair Oaks, Menlo Park, CA

2006-06-16T13:42:00.000-07:00

This one was one of ours, and it was a tougher sell.

We sold 676 San Benito (next door), then started working on 678 San Benito when an Intero agent who was trying to sell it was not getting any traction (for about 50 days)

678 was completely remodeled and showed nice (at least from the inside). You can still see photos and a virtual tour - take a look at www.678sanbenito.com.

We rearranged the staging, adding some of our own pieces, and made some recommendations for the seller to give the home more curb appeal.

We listed it at 819K to give some room for negotiations; We targeted 800K sales price. We sold it for 795K.

List Price: $819,000
Sale Price: $795,000
List Date: 04/22/06
Sale Date: 05/24/06
DOM: 32
COE: 06/15/06
Bedrooms: 3
Bathrooms: 2
Approx Square Feet: 1250
Approx Lot Size: 3959 SF
Approx age: 42

Closed Sale - 527 PALMER LN, North Fair Oaks, Menlo Park, CA

2006-06-15T13:32:00.000-07:00

527 PALMER LN, Menlo Park, CA

List Price: $1,150,000
Sale Price: $1,250,000
List Date: 04/28/06
Sale Date: 05/10/06
DOM: 12
COE: 06/13/06
Bedrooms: 3
Bathrooms: 2
Approx Square Feet: 1350
Approx Lot Size: 10055SF
Approx age: 55

Summer '06 ... Time For a North Fair Oaks Real Estate BLOG

2006-05-28T15:23:00.000-07:00

...Just a quick note to let you know what's going on here.

I thought I'd experiment with a blog tool to edit a North Fair Oaks (NFO) newsletter.

Yes, there are some discussion boards over at www.foba.org, but this blog will primarily focus on the real estate market for "Area 311" as it's known in the MLS, or North Fair Oaks, Menlo Park, CA.

We'll snail mail a few copies out to homes in the area; yes, defeating the purpose of a blog, but perhaps we can generate extra interest & info. And it gives me the newsletter without any extra formatting!

Patrick Boyle
9th Ave Resident (they're tearing up my street right now)
Managing Broker
Realty Concert
www.RealtyConcert.com

playground appreciation day on May 20th

2006-05-15T12:45:00.000-07:00

Let’s Swing

FOBA's putting on a playground appreciation day on May 20th. Everyone is welcome! They do need some volunteers before and during the event. Older children can help with the games. Just a little help from each family will make a big difference.

Annual Playground Appreciation Day
Saturday May 20th 10-1
A bit of clean-up and maintenance (Bring gloves & a rake)
Help plan for future improvements
Children’s Activities
•Face Painting
•Plant-a-Sunflower
•Games and music

Do you have any other ideas for activities?

Please contact Jill Kinney-Andre for more info & to volunteer!
jillkin -at- mac.com

TO:

2006-01-24T06:41:00.000-08:00

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These are 3 pages printed from our Blog at www.NFOrealestate.blogspot.com - check it out online for all the closed sales for the past 60 days. Call your NFO neighbor & Realtor Patrick Boyle for any real estate question or need: 650-464-9816