9 days on rocket

541 Palmer Ln, Menlo Park, CA, 94025

$2,798,000

4 Bedrooms
3 Full Baths
2,140 SqFt
$1,307/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Garage2 spaces
Year Built1922
HeatingForced Air
CoolingNone
FireplaceLiving Room, Wood Burning
MLS #ML81962787
Lot Size0.28 Acres
StatusActive

About 541 Palmer Ln

Opportunity meets charm at 541 Palmer Ave, nestled in Menlo Park's North Fair Oaks neighborhood. This property offers the chance to build your dream home or remodel/expand the existing four-bedroom, three-bathroom residence, complemented by a detached garage with bonus space. Situated on a flat, rectangular 12,000 square foot lot, the potential is endless. Palmer Lane boasts several newer and larger homes, offering a unique canvas to customize your next home. Step inside to discover a privately fenced sanctuary featuring large windows that flood the interior with natural light. Hardwood floors add warmth and character to the flexible floorplan, which includes a formal dining room ideal for elegant gatherings and cherished memories. Centrally located near downtown Menlo Park, Palo Alto, 101, Stanford, and Atherton, this property combines serenity with accessibility. Don't miss this chance to create your ideal living space in Silicon Valley. Schedule a tour today and unlock the possibilities awaiting you at 541 Palmer Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 2,140 SqFt

Listing Office:

  • Office Name: Represent Realty
  • Office Phone: (650) 804-2393
  • Listing Agent: Dana Carmel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Flooring Type: Wood
  • Interior: Walk-In Closet(s), Workshop
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Menlo-Atherton High School, Public Magnet Grades 9-12

Other

Directions Information:

  • Directions: Cross Street: Middlefield Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,798,000
  • Price Per SqFt: $1,307/SqFt

Tax Information:

  • Annual Amount: $21,381
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Menlo Park, CA.

Med. Sold Price

$2.4M

Med. Price/SqFt

$1,401

Avg. Days On Market

12

# of Sold Homes

29

541 Palmer Ln vs Menlo Park

9 DAYS ON ROCKET

-3 Days

$2,798,000

+$396.6K More

$1,307/SqFt

-$95 Less

KEY TAKEAWAY

This property is $396.6K more than the Median Sold Price and $95/SqFt less than other homes in Menlo Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81962787

Listing Office:

  • Office Name: Represent Realty
  • Office Phone: (650) 804-2393
  • Listing Agent: Dana Carmel

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2020Home Sold
$2,500,000
Dec 10, 2014Home Sold
$1,668,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,381$2,500,000
2020$21,245$1,833,027
2019$20,618$1,797,086
2018$20,619$1,761,850
2017$20,221$1,727,305

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,455

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-5752747
6
/10
  • Menlo-Atherton High School

  • 555 Middlefield Rd

  • 1.31 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $126,563. Typical income of Menlo Park, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 541 Palmer Ln

What is the listing price of this property?

The listing price of 541 Palmer Ln property is $2,798,000.

What type of property is this?

The property 541 Palmer Ln is a house located in Menlo Park, California, 94025.

Is this property for sale now?

Active Listing: 541 Palmer Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 541 Palmer Ln are:
Menlo-Atherton High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,381 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 31, 2020 for $2,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 541 Palmer Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 541 Palmer Ln is 2,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 541 Palmer Ln is 1922.
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Rocket HomesCaliforniaSan Mateo CountyMenlo Park94025541 Palmer Ln

This home is located at 541 Palmer Ln in Menlo Park, CA and zip code 94025 in the Barney Park neighborhood. This 2,140 square foot home, which was built in 1922, sits on a 0.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,798,000.

Menlo Park, CA housing market in April 2024 saw over 14 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. Between March 2024 and April 2024, Menlo Park, CA real estate market has seen increase in the number of listings by 31%. Listings spent 12 days on the market in April 2024, and had a median list price of $2,401,333 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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