NOT LISTED FOR SALE

227 Park Ln Atherton, CA 94027

Estimated Value: $8,924,000 - $17,053,510

5 Beds
7 Baths
6,866 Sq Ft
$1,892/Sq Ft Est. Value

About This Home

This home is located at 227 Park Ln, Atherton, CA 94027 and is currently estimated at $12,988,755, approximately $1,891 per square foot. 227 Park Ln is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Skanda Real Estate Holdings Llc
Bought by
Magdalena Irrevocable Trust
Current Estimated Value
$12,988,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,919,000
Outstanding Balance
$7,379,250
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$5,609,505

Purchase Details

Closed on
Oct 6, 2021
Sold by
Balwani Ramesh
Bought by
Real Estate Holdings Llc

Purchase Details

Closed on
Mar 8, 2018
Sold by
Hmfr Llc
Bought by
Balwani Ramesh

Purchase Details

Closed on
Jul 16, 2013
Sold by
Keller John and Keller Michelle
Bought by
Hmfr Llc

Purchase Details

Closed on
May 25, 2006
Sold by
Mansouri Michael and Mansouri Parvin A
Bought by
Keller John and Keller Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,475,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Garlock William F and Garlock Rosemarie A
Bought by
Mansouri Michael and Mansouri Parvin H

Purchase Details

Closed on
Feb 11, 1999
Sold by
Garlock Rosemarie
Bought by
Garlock William F and Garlock Rosemarie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 1999
Sold by
Garlock William F
Bought by
Garlock Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 1997
Sold by
Garlock William F and Garlock Rosemarie A
Bought by
Garlock William F and Garlock Rosemarie A

Purchase Details

Closed on
Apr 18, 1996
Sold by
Hancock Kristina A
Bought by
Garlock William F and Garlock Rosemarie A

Purchase Details

Closed on
Jun 20, 1994
Sold by
Parks Adele and Stockman Adele P
Bought by
Parks Adele
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Magdalena Irrevocable Trust $15,838,000 Lawyers Title
Magdalena Irrevocable Trust $15,838,000 Lawyers Title
Real Estate Holdings Llc -- None Available
Balwani Ramesh $7,944,000 Accommodation
Hmfr Llc $9,000,000 First American Title Company
Keller John $12,950,000 First American Title Company
Mansouri Michael $6,800,000 First American Title Company
Garlock William F -- North American Title Insuran
Garlock Rosemarie -- North American Title Insuran
Garlock Rosemarie -- North American Title Insuran
Garlock William F -- North American Title Insuran
Garlock William F $2,100,000 North American Title Co
Parks Adele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdalena Irrevocable Trust $7,919,000
Closed Magdalena Irrevocable Trust $7,919,000
Previous Owner Keller John $6,475,000
Previous Owner Garlock William F $750,000
Previous Owner Garlock Rosemarie $2,340,000
Source: Public Records

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 $181,329 $14,500,000 $12,156,000 $2,344,000
2023 $181,329 $16,154,760 $13,543,560 $2,611,200
2022 $186,712 $17,035,146 $13,938,627 $3,096,519
2021 $183,850 $16,701,124 $13,665,321 $3,035,803
2020 $182,478 $16,529,875 $13,525,200 $3,004,675
2019 $180,395 $16,205,760 $13,260,000 $2,945,760
2018 $108,335 $9,696,329 $7,670,875 $2,025,454
2017 $107,592 $9,506,206 $7,520,466 $1,985,740
2016 $105,205 $9,319,810 $7,373,006 $1,946,804
2015 $104,355 $9,179,819 $7,262,257 $1,917,562
2014 $102,478 $9,000,000 $7,120,000 $1,880,000
Source: Public Records

Map

California San Mateo County Atherton 94027

227 Park Ln, Atherton, CA

This home is located at 227 Park Ln, Atherton, CA 94027 and is currently estimated at $12,988,755, approximately $1,891 per square foot. 227 Park Ln is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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