NOT LISTED FOR SALE

Estimated Value: $7,743,000 - $13,347,104

8 Beds
8.5 Baths
8,803 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $14,000,000 $1,590 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $67,853/month

1 Day on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Colonial Architecture
  • Encinal Elementary School Rated A
  • Primary Bedroom Suite
  • Recreation Room

About This Home

As of June 2021

This custom colonial-style home built by Pacific Peninsula Group provides many options for elegant indoor/outdoor entertaining, yet is comfortable enough for a relaxed Bay Area lifestyle. Perfect for multi-generational living with an elevator that services all three floors. The main floor includes an eat-in kitchen with professional-grade appliances, formal dining room, inviting living and family rooms, office, and guest bedroom. The generous primary suite features a private balcony, dressing area, and spa-like bathroom. The home's basement level includes a deluxe home theatre, temperature-controlled wine room, fitness studio, and two additional bedrooms. In the backyard you will find a pool, spa, impressive outdoor kitchen, and pool cabana. This home is rich in luxurious details and high-end finishes. Located in the Lindenwood area of Atherton, a prestigious neighborhood near downtown Menlo Park, Stanford University, excellent schools, and convenient commuter access.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 06/17/2021

Golden Gate Sotheby's International Realty

Co-Listed By

Stephanie Von Thaden

Golden Gate Sotheby's International Realty License #01950203

Last Buyer's Agent

Michael Warren

Compass License #01968537

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $163,705

Year Built

  • 2007

Lot Details

  • 0.92 Acre Lot
  • Sprinklers on Timer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,803 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven
  • Kitchen Island

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Private Pool
  • Outdoor Fireplace
  • Outdoor Kitchen

Additional Features

  • 363 SF Accessory Dwelling Unit
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$163,705

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Style: Colonial
  • Age: 14
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 363
  • Structure Sq Ft: 8803
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Outside, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Island With Sink, Oven - Double, Oven Range - Gas, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 8803
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Additional Rooms: Den / Study / Office, Laundry Room, Recreation Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 8
  • Minimum Numberof Bedrooms: 8
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Bathroom: Double Sinks, Half On Ground Floor, Marble, Oversized Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Shingle
  • Yard/Grounds: Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto
  • Pool: Heated - Solar, Pool - Cover, Spa - Jetted

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Video / Audio System

Schools

  • School District: Sequoia Union High
  • Elementary School: Encinal Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 627
  • Middle School: 642

Lot Info

  • Lot Acres: 0.9182
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 39996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 39996.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 22, 2021
Sold by
Hodgett Martin H and Hodgett Sabrina L
Bought by
Li Fang Roger and Luo Jing
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Michael Warren
Compass
List Price
$12,800,000
Sold Price
$14,000,000
Premium/Discount to List
$1,200,000
9.38%
Total Days on Market
1
Current Estimated Value
$10,215,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,784,965
Avg. Annual Appreciation
-7.15%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Hodgett Martin H and Hodgett Sabrina L Francis
Bought by
Hodgett Martin H and Hodgett Sabrina L Francis

Purchase Details

Closed on
Oct 8, 2004
Sold by
Schulman Robert M and Schulman Victoria L
Bought by
Hodgett Martin H and Hodgett Sabrina T F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1993
Sold by
Hargis June Miller and Miller Clay Lowell
Bought by
Schulman Robert M and Schulman Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Fang Roger $14,000,000 Lawyers Title Company
Hodgett Martin H -- None Available
Hodgett Martin H -- None Available
Hodgett Martin H $2,625,000 First American Title Company
Schulman Robert M $760,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodgett Martin H $1,500,000
Previous Owner Hodgett Martin H $1,100,000
Previous Owner Schulman Robert M $250,000
Previous Owner Schulman Robert M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $14,000,000 +9.4% $1,590 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $12,800,000 -- $1,454 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2025 $163,705 $15,154,050 $7,577,025 $7,577,025
2023 $163,705 $14,565,600 $7,282,800 $7,282,800
2022 $156,881 $14,280,000 $7,140,000 $7,140,000
2021 $80,588 $7,199,633 $3,219,409 $3,980,224
2020 $79,954 $7,125,811 $3,186,398 $3,939,413
2019 $79,021 $6,986,092 $3,123,920 $3,862,172
2018 $77,107 $6,849,112 $3,062,667 $3,786,445
2017 $76,776 $6,714,818 $3,002,615 $3,712,203
2016 $75,022 $6,583,158 $2,943,741 $3,639,417
2015 $74,397 $6,484,276 $2,899,524 $3,584,752
2014 $73,042 $6,357,261 $2,842,727 $3,514,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849395

MLSListings

APN: 061-154-060