Property Overview:
732 University Dr is a detached condominium in Menlo Park, CA, built in 1984. It features 3 bedrooms, 2.5 bathrooms, and 1,630 sq. ft. of living space. The home includes an attached 2-car garage, private wrap-around garden, and has an estimated value of $2,143,000 (last sold for $1,680,000 in 2017).
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 Hillview Middle, Menlo-Atherton High, Encinal Elementary, and Oak Knoll Elementary.- Average SAT score: 1100 (566 Math, 534 English), above state average of 975.
- Close to top-rated Menlo Park schools and Stanford University.
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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:
- Recently remodeled with luxury upgrades and contemporary finishes.
- Open great room: Dining and living area with stone gas fireplace and access to a lush, private garden.
- Kitchen: Waterfall countertops, Shaker cabinetry, stainless appliances.
- Primary suite: Vaulted/cathedral ceiling, dual walk-in closets, fireplace, private deck/balcony, and full bath.
- Refinished hardwood floors and dual-paned windows.
- Finished garage can serve as a versatile bonus room.
- Upper-level laundry, flexible office/playroom, tankless water heater, and newly upgraded roofing.
- Two fireplaces (living room and primary suite).
Location Benefits:
- Prime location: Steps from Downtown Menlo Park, Santa Cruz Ave shops and restaurants, and Nealon Park.
- Convenient access to Stanford University, Highways 101 & 280.
- Walking/biking distance to four city parks.
- Family-friendly community with top schools and outdoor recreation nearby.