NOT LISTED FOR SALE

2 Somerset Ln Atherton, CA 94027

Estimated Value: $8,323,000 - $23,883,899

6 Beds
10 Baths
10,909 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $19,900,000 $1,824 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $105,121/month

9 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Private Pool
  • Oak Knoll Elementary School Rated A
  • Home Theater
  • Sauna

About This Home

As of May 2017

This magnificent property was built for the current owners in 2005 by the Pacific Peninsula Group, with interior design by Bob Miller. Privately situated on a 1.06 acre corner lot in the prestigious Menlo Circus Club area, the main home spans 3 levels, all connected by elevator. 6 en-suite bedrooms, two-story library, tremendous kitchen/family room, recreation room, theatre, music room, fitness center, spa bath, and outstanding wine cellar. Radiant heated limestone or carpeted floors throughout. Attached 3-car garage and large gated motor court. The formal resort-llke grounds feature a 1-bedroom/1 bath guest house with full kitchen, pool and spa, barbecue kitchen, fire pit terrace, playground, arbor-covered dining pavilion and a sanded path that encircles the property and leads to a secret fountain garden. Menlo Park schools: Oak Knoll/Hillview. Close to Stanford University, Silicon Valley tech and venture capital centers, and 2 international airports

Last Agent to Sell the Property

Mary Gullixson

Compass License #70001879 Listed on: 04/21/2017

Compass

Last Buyer's Agent

Mary Gullixson

Compass License #70001879 Listed on: 04/21/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247,995

Year Built

  • 2005

Lot Details

  • 1.06 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,909 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • 4 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Sauna
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Balcony
  • Fire Pit
  • Barbecue Area

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$247,995

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 10909
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Island With Sink, Microwave, Oven - Built-In, Oven Range - Gas, Pantry, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 10909
  • Stories: 3
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Stone
  • Additional Rooms: Basement - Finished, Formal Entry, Guest House, Laundry Room, Library, Media / Home Theater, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Marble, Sauna, Shower And Tub, Stall Shower, Steam Shower, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Bbq Area, Fenced, Fire Pit
  • Pool: Pool - Heated, Pool - In Ground, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Heat Pump, Heating - 2+ Zones, Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Oak Knoll Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 663
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.0600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46184.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 46184.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Cozadd Bruce C and Cozadd Hala Kurdi
Bought by
Cozadd Bruce C and Cozadd Hala Kurdi
Current Estimated Value
$16,103,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$7,592,605
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$8,510,845

Purchase Details

Closed on
Jul 12, 2019
Sold by
Cozadd Bruce C
Bought by
Cozadd Bruce C and Cozadd Hala Kurdi

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 22, 2017
Sold by
Ravi Sudhakar and Ravi Sumithra
Bought by
Cozadd Bruce C
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$19,900,000
Sold Price
$19,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.50%

Purchase Details

Closed on
Jun 5, 2003
Sold by
Ravi Sudhakar and Ravi Sumithra
Bought by
Ravi Sudhakar and Ravi Sumithra

Purchase Details

Closed on
May 23, 2001
Sold by
Cochran Nina Wells and Wells Carolyn
Bought by
Ravi Sudhakar and Ravi Sumithra

Purchase Details

Closed on
Nov 3, 2000
Sold by
Cochran Nina Wells Tr
Bought by
Wells Carolyn and Marcussen Fred A

Purchase Details

Closed on
Aug 20, 2000
Sold by
Campbell Thomas J
Bought by
Campbell Nina J
Source: Public Records

Range of Values:

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Average Value
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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
Cozadd Bruce C -- Lawyers Title Company
Cozadd Bruce C -- None Available
Cozadd Bruce C $19,900,000 Lawyers Title Company
Ravi Sudhakar -- --
Ravi Sudhakar $3,900,000 First American Title Co
Wells Carolyn -- --
Wells Carolyn -- --
Cochran Nina Wells -- --
Campbell Nina J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozadd Bruce C $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $19,900,000 0.0% $1,824 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $19,900,000 -- $1,824 / 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 $247,995 $23,095,657 $10,990,747 $12,104,910
2023 $247,995 $22,198,826 $10,563,964 $11,634,862
2022 $237,704 $21,763,556 $10,356,828 $11,406,728
2021 $234,118 $21,336,820 $10,153,753 $11,183,067
2020 $232,385 $21,118,038 $10,049,639 $11,068,399
2019 $229,739 $20,703,960 $9,852,588 $10,851,372
2018 $224,251 $20,298,000 $9,659,400 $10,638,600
2017 $117,019 $10,362,330 $5,063,591 $5,298,739
2016 $114,439 $10,159,148 $4,964,305 $5,194,843
2015 $113,519 $10,006,549 $4,889,737 $5,116,812
2014 $111,482 $9,810,535 $4,793,954 $5,016,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81648035

MLSListings

APN: 070-320-100