Seller's Agent in 2022
Eva Chen
Compass
(415) 971-5171
1 in this area
82 Total Sales
118 Selby Ln Atherton, CA 94027
Estimated Value: $6,159,000 - $14,752,242
6
Beds
7.5
Baths
14,603
Sq Ft
$716/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Home Theater
- Primary Bedroom Suite
- Menlo-Atherton High School Rated A
- Private Pool
- 1.15 Acre Lot
About This Home
As of October 2022Major Price Improvement! Evoking an air of timeless elegance, this showstopping 6bd/7.5ba estate is tucked behind private gates in one of Atherton's most coveted enclaves. An idyllic sanctuary nestled in trees, the Mediterranean inspired modern oasis boasts voluminous rooms and a functional floor plan of light-soaked luxury in a resort-like setting. Met with 9' front doors, guests are ushered into a grandiose entry foyer with floor-to-ceiling glass, lavish staircase, 23' to an ethereal rotunda. Custom built in 2014 with impeccable craftsmanship and steel frame construction, the tri-level residence has been meticulously designed with indoor/outdoor entertaining and living in mind. Lower level poised for revelry, with guest suite, bar, wine cellar, theater, game room. 4-Car garage with EV charging, this exquisite estate cues up five-star feels with a pool, hot tub, cabana, outdoor kitchen, & dining room pavilion. America's priciest zip-code located midway between SF and Silicon Valley.
Co-Listed By
Jeff Chen
Compass License #02020235
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $181,307
Year Built
- 2014
Lot Details
- 1.15 Acre Lot
- Northeast Facing Home
- Sprinklers on Timer
- Grass Covered Lot
- Back Yard
Parking
- 4 Car Garage
- Secured Garage or Parking
Home Design
- Slab Foundation
- Steel Frame
- Tile Roof
- Stucco
- Stone
Interior Spaces
- 14,603 Sq Ft Home
- 3-Story Property
- Wet Bar
- Central Vacuum
- High Ceiling
- Double Pane Windows
- Formal Entry
- Wine Cellar
- Formal Dining Room
- Home Theater
- Den
- Library
- Recreation Room
- Wood Flooring
Kitchen
- Open to Family Room
- Gas Oven
- Warming Drawer
- Dishwasher
- Wine Refrigerator
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Marble Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Marble Bathroom Countertops
- Bidet
- Dual Sinks
- Soaking Tub in Primary Bathroom
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- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Alarm System
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Energy-Efficient HVAC
- Energy-Efficient Insulation
- ENERGY STAR/CFL/LED Lights
Outdoor Features
- Private Pool
- Balcony
- Outdoor Kitchen
- Shed
- Barbecue Area
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 220 Volts
- Power Generator
Community Details
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2022
Closed on
Oct 21, 2022
Sold by
Lai Family Trust
Bought by
197 Greenoaks Llc
Seller's Agent
Eva Chen
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$20,000,000
Sold Price
$16,000,000
Premium/Discount to List
-$4,000,000
-20%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,544,379
Avg. Annual Appreciation
-14.58%
Original Mortgage
$9,600,000
Outstanding Balance
$9,113,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,342,621
Purchase Details
Closed on
Oct 1, 2005
Sold by
Nee Lai Chong K and Nee Lai
Bought by
Nee Lai Chong K and Nee Lai
Purchase Details
Closed on
Oct 21, 2004
Sold by
Alles Malini
Bought by
Nee Lai Chong K and Nee Lai Ang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 7, 2003
Sold by
Alles Malini and Pena Dolhun Eduardo
Bought by
Alles Malini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 9, 2001
Sold by
Ying Wang and Ying David
Bought by
Kanagasabapathy Malini
Purchase Details
Closed on
Sep 20, 1999
Sold by
Purcell Patricia Ann
Bought by
Yuan David and Wang Ying
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 1986
Sold by
Purcell Theodore H and Purcell Patricia Ann
Bought by
Purcell Theodore H and Purcell Patricia Ann
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 197 Greenoaks Llc | $16,000,000 | First American Title | |
| Nee Lai Chong K | -- | -- | |
| Nee Lai Chong K | $2,515,000 | First American Title Company | |
| Alles Malini | -- | North American Title Company | |
| Kanagasabapathy Malini | $3,600,000 | Bridgespan Title Company | |
| Yuan David | $1,860,000 | First American Title | |
| Purcell Theodore H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 197 Greenoaks Llc | $9,600,000 | |
| Previous Owner | Lai Chong K | $1,000,000 | |
| Previous Owner | Nee Lai Chong K | $1,500,000 | |
| Previous Owner | Alles Malini | $1,000,000 | |
| Previous Owner | Alles Malini | $1,000,000 | |
| Previous Owner | Yuan David | $800,000 | |
| Closed | 197 Greenoaks Llc | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2022 10/26/22 | Sold | $16,000,000 | -5.9% | $1,096 / Sq Ft |
| 09/30/2022 09/30/22 | Pending | -- | -- | -- |
| 09/08/2022 09/08/22 | Price Changed | $17,000,000 | -15.0% | $1,164 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $20,000,000 | -- | $1,370 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $181,307 | $16,000,000 | $8,000,000 | $8,000,000 |
| 2022 | $109,916 | $10,115,269 | $2,955,416 | $7,159,853 |
| 2021 | $108,820 | $9,916,931 | $2,897,467 | $7,019,464 |
| 2020 | $107,331 | $9,815,247 | $2,867,758 | $6,947,489 |
| 2019 | $106,906 | $9,622,793 | $2,811,528 | $6,811,265 |
| 2018 | $104,036 | $9,434,112 | $2,756,400 | $6,677,712 |
| 2017 | $103,488 | $9,249,130 | $2,702,353 | $6,546,777 |
| 2016 | $102,012 | $9,067,776 | $2,649,366 | $6,418,410 |
| 2015 | $98,261 | $8,931,571 | $2,609,571 | $6,322,000 |
| 2014 | $66,989 | $6,050,454 | $2,558,454 | $3,492,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eva Chen
-
J
Seller Co-Listing Agent in 2022
Jeff Chen
Compass
-
Michael Repka
Buyer's Agent in 2022
Michael Repka
Deleon Realty
(650) 488-7325
27 in this area
793 Total Sales
Map
Source: MLSListings
MLS Number: ML81900014
APN: 059-330-060
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