T
Seller's Agent in 2023
Tom LeMieux
Compass
224 Park Ln Atherton, CA 94027
Estimated Value: $7,556,000 - $20,164,773
6
Beds
9
Baths
8,779
Sq Ft
$1,579/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Media Room
- 1.01 Acre Lot
- Oak Knoll Elementary School Rated A
- Heated In Ground Pool
- Living Room with Fireplace
About This Home
As of June 2023Located behind double gates on the premier street in the Menlo Circus Club area, this home exudes classic and timeless estate living. The grand residence, built in 2007, spans 3 levels of superbly appointed interiors with a wonderful flow for entertaining as well as comfortable everyday living. Formal rooms are grand-scaled, the kitchen and family room combination is the perfect central gathering space, plus there is a library, customized office for two, and upstairs reading lounge. The lower level unfolds with a recreation lounge and bar, oversized wine cellar, cinema-quality theatre, plus a bedroom suite customized for a fitness center with steam shower. There are 6 spacious bedrooms each with en suite bath, including the upstairs primary suite with second steam shower. Adding to the accommodations is a detached guest house with adjoining loggia and fireplace terrace with barbecue center. A pool and spa and soccer-sized lawn assist with the healthy lifestyle this home affords.
Last Agent to Sell the Property
Tom LeMieux
Compass License #01066910 Listed on: 05/08/2023
Co-Listed By
Jennifer Bitter
Compass License #01847627
Home Details
Home Type
- Single Family
Year Built
- Built in 2007
Lot Details
- 1.01 Acre Lot
- Fenced
- Sprinkler System
- Back Yard
- Zoning described as R1001A
Parking
- 3 Car Detached Garage
Home Design
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 8,779 Sq Ft Home
- 3-Story Property
- Central Vacuum
- Vaulted Ceiling
- Wood Burning Fireplace
- Gas Log Fireplace
- Mud Room
- Formal Entry
- Wine Cellar
- Separate Family Room
- Living Room with Fireplace
- 5 Fireplaces
- Formal Dining Room
- Media Room
- Den
- Library
- Recreation Room
- Washer and Dryer
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
Pool
- Heated In Ground Pool
- In Ground Spa
- Spa Cover
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Barbecue Area
- 320 SF Accessory Dwelling Unit
Listing and Financial Details
- Assessor Parcel Number 070-330-070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2023
Closed on
Jun 8, 2023
Sold by
Atherton 224 Park Lane Llc
Bought by
224 Park Estate Llc
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$19,950,000
Sold Price
$19,500,000
Premium/Discount to List
-$450,000
-2.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,639,613
Avg. Annual Appreciation
-12.39%
Purchase Details
Closed on
Mar 24, 2011
Sold by
Lamb Randolph F and Lamb Lisa Carey
Bought by
Atherton 224 Park Lane Llc
Purchase Details
Closed on
Dec 19, 2007
Sold by
224 Park Lane Llc
Bought by
Lamb Randolph F and Lamb Lisa Carey
Purchase Details
Closed on
Jun 15, 2007
Sold by
Lamb Randolph F and Lamb Lisa Carey
Bought by
224 Park Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 18, 2005
Sold by
Lamb Partners Llc
Bought by
224 Park Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,975,000
Interest Rate
5.97%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 26, 2004
Sold by
Allen Caren
Bought by
Allen Dennis James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.29%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 20, 2004
Sold by
Lucas Lucas Donald L Donald L
Bought by
Lamb Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.29%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 224 Park Estate Llc | $19,500,000 | Lawyers Title Company | |
| Atherton 224 Park Lane Llc | $15,500,000 | Fidelity National Title Co | |
| Lamb Randolph F | -- | None Available | |
| 224 Park Lane Llc | -- | Commonwealth Land Title | |
| Lamb Randolph F | -- | Commonwealth Land Title | |
| 224 Park Lane Llc | -- | Chicago Title Insurance Co | |
| Allen Dennis James | -- | Chicago Title Insurance Comp | |
| Lamb Partners Llc | $4,775,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lamb Randolph F | $5,000,000 | |
| Previous Owner | 224 Park Lane Llc | $7,975,000 | |
| Previous Owner | Lamb Partners Llc | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $19,500,000 | -2.3% | $2,221 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/08/2023 05/08/23 | For Sale | $19,950,000 | -- | $2,272 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $218,269 | $20,287,800 | $10,263,546 | $10,024,254 |
| 2023 | $218,269 | $19,087,140 | $9,543,570 | $9,543,570 |
| 2022 | $204,832 | $18,712,884 | $9,356,442 | $9,356,442 |
| 2021 | $201,713 | $18,345,966 | $9,172,983 | $9,172,983 |
| 2020 | $200,213 | $18,157,852 | $9,078,926 | $9,078,926 |
| 2019 | $197,931 | $17,801,816 | $8,900,908 | $8,900,908 |
| 2018 | $193,198 | $17,452,762 | $8,726,381 | $8,726,381 |
| 2017 | $191,331 | $17,110,552 | $8,555,276 | $8,555,276 |
| 2016 | $187,220 | $16,775,052 | $8,387,526 | $8,387,526 |
| 2015 | $185,755 | $16,523,076 | $8,261,538 | $8,261,538 |
| 2014 | $182,456 | $16,199,412 | $8,099,706 | $8,099,706 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2023
Jennifer Bitter
Compass
-
Michael Repka
Buyer's Agent in 2023
Michael Repka
Deleon Realty
(650) 488-7325
26 in this area
734 Total Sales
Map
Source: MLSListings
MLS Number: ML81927435
APN: 070-330-070
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