$13,800,000
SOLD OCT 16, 2019

24 Adam Way Atherton, CA 94027

6 Beds
9 Baths
13,480 Sq Ft
1.02 Acres

Recently Sold

$1,024 Per Sq Ft

13% Below List Price

161 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Menlo-Atherton High School Rated A
  • Heated In Ground Pool
  • 1.02 Acre Lot

About This Home

As of October 2019

Luxurious estate property with open-concept floor plan built in 2013 with high ceilings and a light-filled contemporary design, completed with Exudes quality and meticulous design. Fantastic layout with 3 levels including an elevator, theater, wine cellar, sports court, and incredible outdoor entertaining. Gourmet kitchen with the finest finishes and top of line appliances. 6 en-suited bedrooms (4 on upper/ 1 on main floor,1 on lower floor) in main house plus office and maid room. Downstairs recreation room features bar counter top, customized cabinets, open sitting area and great room for ping pong table and air hockey. Resort-like backyard are a spectacular setting and includes pool and spa,sports court, vegetable garden and barbecue center with refrigerator, gas cooktop and stone fireplace. Exceptionally private, architecturally unique inside and out - truly a home of distinction.

Last Agent to Sell the Property

Shawn Luo

AEZ Investment, Inc. License #01853029 Listed on: 04/19/2019

Co-Listed By

Wilson Liang

AEZ Investment, Inc. License #01913387

Last Buyer's Agent

Liz Daschbach

Compass License #00969220

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $165,588

Year Built

  • Built in 2013

Lot Details

  • 1.02 Acre Lot
  • Gated Home
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1001A

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 13,480 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Utility Room
  • Neighborhood Views
  • Finished Basement
  • Crawl Space

Kitchen

  • <<builtInOvenToken>>
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • <<tubWithShowerToken>>
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Spa Cover

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 059-311-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$165,588

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 13480
  • Year Built: 2013
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Gas Starter, Living Room, Primary Bedroom, Outside, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Oven - Built-In, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 13480
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreate - 2+, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Basement - Finished, Formal Entry, Great Room, Laundry Room, Library, Media / Home Theater, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Full on Ground Floor, Granite, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Showers over Tubs - 2+, Stone, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Wood Frame
  • Pool Description: Pool - Heated, Pool - In Ground, Spa - Cover, Spa - In Ground
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: BBQ Area, Fenced, Fire Pit, Outdoor Fireplace, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced, Gate
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 059-311-160
  • Lot Acres: 1.0207
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44460.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44460.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller

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
Apr 19, 2019
Closed on
Oct 11, 2019
Sold by
Liu Na
Bought by
Jefferson Properties Llc
Seller's Agent
Shawn Luo
AEZ Investment, Inc.
Buyer's Agent
Liz Daschbach
Compass
List Price
$15,900,000
Sold Price
$13,800,000
Premium/Discount to List
-$2,100,000
-13.21%
Current Estimated Value
$11,927,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,872,723
Avg. Annual Appreciation
-2.50%
Original Mortgage
$8,280,000
Outstanding Balance
$7,234,044
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$4,693,233

Purchase Details

Listed on
Apr 29, 2013
Closed on
Sep 9, 2013
Sold by
Adam Way Investments Llc
Bought by
Liu
Seller's Agent
Natalie Comartin
Coldwell Banker Realty
Buyer's Agent
Hanwei Kong
Choice Properties
List Price
$14,250,000
Sold Price
$12,500,000
Premium/Discount to List
-$1,750,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Knudsen Robert Henry and Knudsen Sara Lynn
Bought by
Adam Way Investments Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $13,800,000 Fidelity National Title Co
Grant Deed $12,500,000 First American Title Company
Grant Deed $3,200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,280,000 New Conventional
Previous Owner $4,365,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $13,800,000 -7.4% $1,024 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $14,900,000 -3.9% $1,105 / Sq Ft
08/09/2019 08/09/19 Price Changed $15,500,000 -2.5% $1,150 / Sq Ft
04/19/2019 04/19/19 For Sale $15,900,000 +27.2% $1,180 / Sq Ft
09/11/2013 09/11/13 Sold $12,500,000 -3.5% $927 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
05/31/2013 05/31/13 Price Changed $12,950,000 -9.1% $961 / Sq Ft
04/29/2013 04/29/13 For Sale $14,250,000 -- $1,057 / 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
2023 $165,588 $14,506,262 $7,358,249 $7,148,013
2022 $155,319 $14,221,826 $7,213,970 $7,007,856
2021 $153,761 $13,942,968 $7,072,520 $6,870,448
2020 $151,649 $13,800,000 $7,000,000 $6,800,000
2019 $153,241 $13,736,467 $6,373,721 $7,362,746
2018 $149,100 $13,467,126 $6,248,747 $7,218,379
2017 $147,901 $13,203,066 $6,126,223 $7,076,843
2016 $145,747 $12,944,183 $6,006,101 $6,938,082
2015 $140,278 $12,749,750 $5,915,884 $6,833,866
2014 $136,986 $12,500,000 $5,800,000 $6,700,000
Source: Public Records

Agents Affiliated with this Home

  • Shawn Luo

    Seller's Agent in 2019

    Shawn Luo

    AEZ Investment, Inc.

    (408) 329-3793

    1 in this area

    148 Total Sales

    Shawn Luo
    Section Image

  • W

    Seller Co-Listing Agent in 2019

    Wilson Liang

    AEZ Investment, Inc.

    Section Image

  • L

    Buyer's Agent in 2019

    Liz Daschbach

    Compass

    Section Image

  • N

    Seller's Agent in 2013

    Natalie Comartin

    Coldwell Banker Realty

  • H

    Buyer's Agent in 2013

    Hanwei Kong

    Choice Properties

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81747887

MLSListings

APN: 059-311-160

California San Mateo County Atherton 94027

24 Adam Way, Atherton, CA

This home is located at 24 Adam Way, Atherton, CA 94027 and is currently priced at $13,800,000, approximately $1,023 per square foot. This property was built in 2013. 24 Adam Way is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

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