NOT LISTED FOR SALE

180 Elena Ave Atherton, CA 94027

Estimated Value: $8,755,000

5 Beds
5.5 Baths
5,500 Sq Ft
$1,592/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $12,000,000 $2,182 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $68,786/month

12 Days on Market

Highlights

  • Private Pool
  • 1.28 Acre Lot
  • Park or Greenbelt View
  • Oak Knoll Elementary School Rated A
  • Secluded Lot
  • Formal Dining Room

About This Home

As of April 2021

Located in the heart of prestigious West Atherton you will find this rare development opportunity. With mature trees lining the perimeter, this large 1.28 acre flat lot offers privacy and tranquility. Originally imagined as a French Chateau, possibilities abound to create a custom, well-appointed luxury estate. Directly facing the lot are the lush and graceful grounds of the Menlo Circus Club. The property is conveniently located between San Francisco and San Jose, and in the highly rated Menlo Park City School District. Truly a gem of an opportunity. Owner occupied, please do not walk the grounds without contacting listing agents.

Last Agent to Sell the Property

Joaquin Garcia

Compass License #01518820 Listed on: 01/09/2021

Last Buyer's Agent

Mary Gullixson

Compass License #70001879

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252,996

Year Built

  • 1970

Lot Details

  • 1.28 Acre Lot
  • Secluded Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Reinforced Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$252,996

Year Built

1970

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 5500
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 5500
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Shingle
  • View: Greenbelt
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level, Private / Secluded
  • Lot Acres: 1.2816
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 55825.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 55825.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Devgan Anirudh and Jain Richa
Bought by
Devgan Anirudh and Jain Richa
Current Estimated Value
$8,755,000

Purchase Details

Listed on
Jan 9, 2021
Closed on
Apr 21, 2021
Sold by
Dolch Debra J and Charlotte A Wolfe Bypass Trust
Bought by
Devgan Anirudh and Jain Richa
Seller's Agent
Joaquin Garcia
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$13,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,000,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.96%
Original Mortgage
$7,000,000
Outstanding Balance
$6,259,871
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$2,546,129

Purchase Details

Closed on
Oct 4, 2016
Sold by
Wolfe Lawrence I
Bought by
Wolfe Lawrence I

Purchase Details

Closed on
May 12, 2011
Sold by
Wolfe Lawrence I and Wolfe Charlotte A
Bought by
Wolfe Lawrence I and Wolfe Charlotte A
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
Devgan Anirudh -- None Available
Devgan Anirudh $12,000,000 Lawyers Title Company
Wolfe Lawrence I -- None Available
Wolfe Lawrence I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devgan Anirudh $7,000,000
Previous Owner Wolfe Douglas A $4,450,000
Previous Owner Wolfe Douglas A $0
Previous Owner Wolfe Douglas A $20,000
Previous Owner Wolfe Lawrence I $3,056,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $12,000,000 -7.7% $2,182 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $13,000,000 -- $2,364 / 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 $252,996 $25,191,063 $12,935,063 $12,256,000
2023 $252,996 $13,261,780 $12,432,780 $829,000
2022 $134,925 $12,240,000 $12,189,000 $51,000
2021 $8,242 $537,919 $171,215 $366,704
2020 $8,125 $532,404 $169,460 $362,944
2019 $8,000 $521,966 $166,138 $355,828
2018 $7,770 $511,732 $162,881 $348,851
2017 $8,434 $501,699 $159,688 $342,011
2016 $8,012 $491,862 $156,557 $335,305
2015 $7,890 $484,475 $154,206 $330,269
2014 $7,696 $474,986 $151,186 $323,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81825187

MLSListings

APN: 070-330-150