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248 San Mateo Dr

Menlo Park, CA 94025

3 bd 2 ba 1,750 sqft Built 1950 Lot 14,000 sqft single_family
Most recent sale
$5,210,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $5,210,000 MLS #ML81891888
May 16, 2022 Listed $5,125,000 MLS #ML81891888
Jun 20, 2000 Sold $2,000,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $183,000 $4,347,000 $4,530,000 $52,777
2024 $183,000 $4,347,000 $4,530,000 $52,290
2023 $183,000 $4,347,000 $4,530,000 $52,294
2022 $1,448,332 $1,448,332 $2,896,664 $34,185
2021 $1,419,934 $1,419,934 $2,839,868 $33,499
2020 $1,405,375 $1,405,375 $2,810,750 $33,322
2019 $1,377,819 $1,377,819 $2,755,638 $32,871
2018 $1,350,803 $1,350,803 $2,701,606 $32,071
2017 $1,324,317 $1,324,317 $2,648,634 $31,601
2016 $1,298,350 $1,298,350 $2,596,700 $30,794
2015 $1,278,848 $1,278,848 $2,557,696 $30,519
2014 $1,253,798 $1,253,798 $2,507,596 $30,014
2013 $1,248,132 $1,248,132 $2,496,264 $29,347
2012 $1,223,659 $1,223,659 $2,447,318 $28,872
2011 $1,199,666 $1,199,666 $2,399,332 $28,330
2010 $1,190,701 $1,190,701 $2,381,402 $28,032
2009 $1,193,530 $1,193,530 $2,387,060 $27,516
2008 $1,170,128 $1,170,128 $2,340,256 $26,864
2007 $1,147,185 $1,147,185 $2,294,370 $26,119

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,750 sqft
Lot size
14,000 sqft
ZIP code
94025
City
Menlo Park
Street
San Mateo Dr
Coordinates
37.44082, -122.18132

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$31,260
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 248 San Mateo Dr last sell?
248 San Mateo Dr most recently sold on May 27, 2022 for $5,210,000.
What is the current tax assessment for 248 San Mateo Dr?
The most recent total assessment for 248 San Mateo Dr (year 2025) is $4,530,000 with $52,777 in property tax.
How does 248 San Mateo Dr's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $5,210,000.
When was 248 San Mateo Dr built?
248 San Mateo Dr was built in 1950.
How does 248 San Mateo Dr compare to others on San Mateo Dr?
We track 8 other properties on San Mateo Dr. Browse the list under "Other properties on San Mateo Dr" to compare beds, baths, and sale history.
What are the property facts for 248 San Mateo Dr?
248 San Mateo Dr is a 3 bed, 2 bath, 1,750 sqft, 14,000 sqft lot single_family.
Is 248 San Mateo Dr a flip candidate?
No — 248 San Mateo Dr does not appear in our flips dataset.
Is 248 San Mateo Dr a tax-appeal candidate?
No — 248 San Mateo Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$4.29M
2026 Q4
$4.3M
ZIP 94025 — Median Price History + Forecast

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