NOT LISTED FOR SALE

2 Serrano Dr Atherton, CA 94027

Estimated Value: $7,012,000 - $15,139,001

5 Beds
6.5 Baths
8,255 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $11,000,000 $1,333 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $70,946/month

Highlights

  • Private Pool
  • 0.87 Acre Lot
  • Formal Dining Room
  • Menlo-Atherton High School Rated A
  • Fireplace in Primary Bedroom
  • Solar Heating System

About This Home

As of July 2020

Premier West Atherton estate, built by Pacific Peninsula Group, showcases traditional style and elegance blended with everything needed for today's California lifestyle. Three levels include six bedrooms-each with an en suite bath, a library, family room, media room and custom wine cellar. The impressive grounds have beautiful gardens, a pool, spa, fireplace and an outdoor kitchen with barbecue.

Last Agent to Sell the Property

Courtney Charney

Parc Agency Corporation License #01756013 Listed on: 07/06/2020

Last Buyer's Agent

Steve Lessard

Compass License #01183468

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,030

Year Built

  • Built in 2001

Lot Details

  • 0.87 Acre Lot
  • Zoning described as R1001A

Parking

  • 3 Car Garage

Home Design

  • Shake Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,255 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Solar Heating System
  • Private Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 059-281-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,030

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 8255
  • Year Built: 2001
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 8255
  • Stories: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake, Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Solar and Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 059-281-070
  • Lot Acres: 0.8678
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 37800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 37800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 6, 2020
Sold by
Lee Joseph William and The Joseph William Lee Trust
Bought by
Acra Roland Henri and Corre Catherine Helene
Seller's Agent
Courtney Charney
Parc Agency Corporation
Buyer's Agent
Steve Lessard
Compass
Sold Price
$11,000,000
Current Estimated Value
$11,118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,000
Avg. Annual Appreciation
0.21%

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jan 8, 2015
Sold by
Two Serrano Drive Llc
Bought by
Lee Joseph William and The Joseph William Lee Trust
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
Sam Anagnostou
Coldwell Banker
List Price
$7,200,000
Sold Price
$7,000,000
Premium/Discount to List
-$200,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$4,550,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2001
Sold by
Pacific Peninsula Group Inc
Bought by
Two Serrano Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,290,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2000
Sold by
Gardner Marilee K
Bought by
Pacific Peninsula Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700,000
Interest Rate
8.38%
Mortgage Type
Construction
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
Acra Roland Henri $11,000,000 Lawyers Title Company
Lee Joseph William $7,000,000 Fidelity Natl Title Ins Co
Two Serrano Drive Llc $7,150,000 First American Title Co
Pacific Peninsula Group Inc $2,850,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Joseph William $4,550,000
Previous Owner Two Serrano Drive Llc $3,875,000
Previous Owner Two Serrano Drive Llc $4,290,000
Previous Owner Pacific Peninsula Group Inc $5,700,000
Previous Owner Gardner Marilee K $180,000
Previous Owner Gardner Marilee K $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $11,000,000 +57.1% $1,333 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
01/16/2015 01/16/15 Sold $7,000,000 0.0% $848 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
12/31/2014 12/31/14 Off Market $7,000,000 -- --
09/02/2014 09/02/14 For Sale $7,200,000 0.0% $872 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $7,200,000 0.0% $872 / Sq Ft
07/18/2013 07/18/13 Rented $25,000 0.0% --
07/18/2013 07/18/13 Under Contract -- -- --
06/25/2013 06/25/13 For Rent $25,000 -- --
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 $130,030 $11,906,753 $8,118,241 $3,788,512
2023 $130,030 $11,444,400 $7,803,000 $3,641,400
2022 $121,974 $11,220,000 $7,650,000 $3,570,000
2021 $120,763 $11,000,000 $7,500,000 $3,500,000
2020 $84,478 $7,692,569 $4,406,744 $3,285,825
2019 $84,140 $7,541,736 $4,320,338 $3,221,398
2018 $81,873 $7,393,860 $4,235,626 $3,158,234
2017 $81,570 $7,248,883 $4,152,575 $3,096,308
2016 $80,380 $7,106,749 $4,071,152 $3,035,597
2015 $77,379 $7,000,000 $3,500,000 $3,500,000
2014 $78,803 $7,132,000 $3,566,000 $3,566,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81800146

MLSListings

APN: 059-281-070