NOT LISTED FOR SALE

Estimated Value: $8,249,000 - $14,993,203

1.85 Acres
$5,668,001 Price per Acre
80,586 Sq Ft Lot

Last Sold April 25, 2018

Last sale price $7,840,000 $936 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $66,206/month

11 Days on Market

Highlights

  • 1.85 Acre Lot
  • Secluded Lot
  • Partially Fenced Property
  • Encinal Elementary School Rated A

About This Lot

As of April 2018

Complete privacy. Eco-friendly urban living... A rare opportunity to have it all. A completely level lot of ~1.85 acres with undeniable privacy, this property is just a 3-min drive or 9-min walk to downtown. One of the 5 largest Atherton residential lots between Middlefield and El Camino Real. Savor the current home and its illustrious heritage, delight in the adventure of a renovation, or find the lot ideal for a new home.

Last Agent to Sell the Property

Jakki Harlan

Golden Gate Sotheby's International Realty License #01407129 Listed on: 02/12/2018

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Zachary Trailer

Compass License #01371338

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108,097

Lot Details

  • 1.85 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Secluded Lot
  • Level Lot
  • Flag Lot

Property Details

Property Type

Land

Est. Annual Taxes

$108,097

Lot Details

0

Listing Details

  • Zoning: R1001A
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: May Not Be Subdivided
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing, Wood

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Connected

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 Description: Flag Lot, Grade - Level, Private / Secluded
  • Lot Acres: 1.8500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 80586.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 80586.00
  • Parcel Access: Accessible, City Street

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Apr 13, 2018
Sold by
Grindley William Cecil and Platt Grindley Helen Caroline
Bought by
Downtown Pahh Llc
Seller's Agent
Jakki Harlan
Golden Gate Sotheby's International Realty
Buyer's Agent
Zachary Trailer
Compass
List Price
$9,988,000
Sold Price
$7,840,000
Premium/Discount to List
-$2,148,000
-21.51%
Current Estimated Value
$10,356,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,516,560
Avg. Annual Appreciation
4.03%
Original Mortgage
$2,600,000
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2012
Sold by
Grindley Grindley Helen Caroline Platt Helen Caroline Platt
Bought by
Grindley William Paul and Grindley Helen Katherine

Purchase Details

Closed on
Feb 24, 2012
Sold by
Grindley William Cecil and Grindley Helen Platt
Bought by
Grindley William Cecil and Grindley Helen Caroline Platt

Purchase Details

Closed on
Jan 13, 2012
Sold by
Grindley William Cecil and Grindley Helen Caroline Platt
Bought by
Grindley William Cecil and Grindley Helen Platt

Purchase Details

Closed on
Mar 19, 2009
Sold by
Grindley William Cecil and Grindley Helen Caroline Platt
Bought by
Grindley William Cecil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 27, 2000
Sold by
Grindley Helen Caroline Platt
Bought by
Grindley William Cecil and Grindley Helen Caroline Platt

Purchase Details

Closed on
Apr 4, 1994
Sold by
Grindley William C and Grindley Helen P
Bought by
Grindley William Cecil and Grindley Helen Caroline Platt
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
Downtown Pahh Llc $7,840,000 Chicago Title Ins Co
Grindley William Paul -- None Available
Grindley William Cecil -- Old Republic Title Company
Grindley William Paul -- None Available
Grindley William Cecil -- Old Republic Title Company
Grindley William Cecil -- First American Title Company
Grindley William Cecil -- First American Title Company
Grindley William Cecil -- --
Grindley William Cecil -- --
Grindley William Cecil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downtown Pahh Llc $2,350,000
Closed Downtown Pahh Llc $2,600,000
Closed Downtown Pahh Llc $2,000,000
Closed Downtown Pahh Llc $2,600,000
Previous Owner Grindley William Cecil $350,000
Previous Owner Grindley William Cecil $275,000
Previous Owner Grindley William C $452,500
Previous Owner Grindley William Cecil $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $7,840,000 0.0% $936 / Sq Ft
04/25/2018 04/25/18 Sold $7,840,000 -21.5% $936 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/24/2018 02/24/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $9,988,000 0.0% $1,192 / Sq Ft
04/24/2017 04/24/17 For Sale $9,988,000 -- $1,192 / 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 $108,097 $9,651,648 $8,761,284 $890,364
2023 $108,097 $9,426,903 $8,421,074 $1,005,829
2022 $100,743 $9,075,062 $8,255,955 $819,107
2021 $91,976 $8,241,238 $8,094,074 $147,164
2020 $91,261 $8,156,736 $8,011,080 $145,656
2019 $90,203 $7,996,800 $7,854,000 $142,800
2018 $5,774 $329,315 $259,894 $69,421
2017 $6,388 $322,859 $254,799 $68,060
2016 $6,083 $316,529 $249,803 $66,726
2015 $5,975 $311,775 $246,051 $65,724
2014 $5,815 $305,669 $241,232 $64,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81692179

MLSListings

APN: 061-370-020