Property Overview:
1056 Pine St, #3 is a condominium unit in Menlo Park, CA, built in 1962. It features 2 bedrooms, 1 bathroom, and 1,355 sq. ft. of living space. The home includes a parking garage, fireplace, central heating, and cooling system. The estimated home value is $1,921,000 (last sold for $1,270,000 in 2016).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8.3% (lower than state average of 11.8%).
- Property crime risk: 9.6% (lower than state average of 10.8%).
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Schools:
Nearby schools include Menlo-Atherton High, Encinal Elementary, Packard Children’s Hospital/Stanford, and Hillview Middle.- Average SAT score: 1100 (above state average of 975).
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Job Market:
- 73.9% white-collar jobs, 26.1% blue-collar jobs.
- Unemployment rate: 2.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,986 (10% growth since 2000).
- 59% families with children.
- Largest age group: 35-44 years (16.02%); second largest: 45-54 years (14.98%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 87.0°F (July).
- Average rainfall: 17.4 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $107,463.
- Average annual spending: $72,061.
Property Features:
- Condominium unit with 2 bedrooms and 1 bathroom.
- 1,355 sq. ft. of living space.
- Parking garage.
- Fireplace.
- Central heating and cooling system.
Location Benefits:
- Family-friendly community with a high percentage of families with children.
- Safe neighborhood with lower-than-average crime rates.
- Strong job market and high-performing schools.
- Convenient access to local amenities and schools.
- Desirable Menlo Park location with steady property value growth.