$12,500,000
SOLD SEP 11, 2013

24 Adam Way Atherton, CA 94027

6 Beds
9 Baths
13,480 Sq Ft
1.02 Acres

Recently Sold

$927 Per Sq Ft

12% Below List Price

108 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Cape Cod Architecture
  • Menlo-Atherton High School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of October 2019

New price! Unparelleled new construction in West Atherton on Adam Way - One of the best kept secrets with it's neighborhood appeal - tucked away, yet minutes to everything! Fantastic layout with 3 levels including an elevator, theater, wine cellar, bocce ball court, and incredible outdoor entertaining. 6 bedroom main house with separate 1 bedroom guest house. Exudes quality and meticulous design!

Last Agent to Sell the Property

Natalie Comartin

Coldwell Banker Realty License #01484129 Listed on: 04/29/2013

Last Buyer's Agent

Hanwei Kong

Choice Properties License #01720628

Choice Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $165,588

Year Built

  • Built in 2013

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R100

Home Design

  • Cape Cod Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 13,480 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • <<microwave>>
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Guest Parking
  • Off-Street Parking

Pool

  • Private Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

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

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod
  • Sale Price Per Sq Ft: 927.30
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 13480
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 2
  • Map Top Coordinate: D
  • Thomas Bros Page: 790
  • Thomas Brothers: D2
  • Year Built: 2013
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Pantry, Garbage Disposal, Dishwashers - 2+, Microwave, Ovens - 2+, Oven - Self Cleaning, Refrigerators - 2+, Oven - Built-In, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 13480
  • Stories: 3
  • Security: Security Alarm - Owned, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Utility Room, Library, Rec/Rumpus Room, Formal Entry, Basement - Full, Guest Quarters, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 8
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 8
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Half Bath - More than 1

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa / Hot Tub, In Ground Concrete, Heated - Gas, Pool - Cover, Pool - Yes
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area
  • Pool: Yes
  • Exterior: Wood

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar, Built-in Vacuum

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 059-311-160
  • List Price per Sq Ft: 960.68
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44016.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 44016.00
  • Lot Size Area Min Search: 44016.00
  • Maximum Lot Size: 44016.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

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
2025 $165,588 $15,394,158 $7,808,631 $7,585,527
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

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Map

Source: MLSListings

MLS Number: ML81314190

MLSListings

APN: 059-311-160