NOT LISTED FOR SALE

247 Atherton Ave Atherton, CA 94027

Estimated Value: $8,855,000 - $18,642,041

6 Beds
9 Baths
7,403 Sq Ft
$1,832/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $13,000,000 $1,756 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $86,600/month

17 Days on Market

Highlights

  • 0.94 Acre Lot
  • 5 Fireplaces
  • 4 Car Detached Garage
  • Oak Knoll Elementary School Rated A
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Prime West Atherton Location, European estate with stunning interiors, acute attention to detail including imported windows and doors.Timeless allure combining modern luxury and the quintessential California lifestyle.Hand -hewn hardwood and limestone tiles throughout the home with ceiling detail and expanses of windows and French doors.Stunning kitchen, with top of the line stainless steel appliances, built-in office center, adjoining breakfast and family rooms all opening to rear yard.Arranged over three levels with lavish amenities including approx 2,000-wine cellar with private dining room, recreation area with cinema screen, dedicated office with fireplace.Luxurious master bedroom with fireplace and backyard views and additional bedrooms are all en-suite.Extraordinary grounds with guest house,4-car garage, flagstone walkways,vast lawn, pool, spa, bocce court,back up generator, Crestron home automation, security and surveillance. Award winning Menlo Park Schools. Private tours only

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 06/19/2020

Compass

Last Buyer's Agent

Judy Citron

Compass License #01825569 Listed on: 06/19/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152,292

Year Built

  • 2007

Lot Details

  • 0.94 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,403 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Alarm System
  • Washer and Dryer

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$152,292

Year Built

2007

Lot Details

0

Parking

4

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 7403
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 7403
  • Stories: 3
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Radiant
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High
  • High School: Menlo-Atherton High
  • High School: 658

Lot Info

  • Lot Acres: 0.9442
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41128.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 41128.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 4, 2020
Sold by
Lahas Llc
Bought by
Fobes Malcolm R and Fobes Lavon H
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$13,249,000
Sold Price
$13,000,000
Premium/Discount to List
-$249,000
-1.88%
Current Estimated Value
$13,564,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,347
Avg. Annual Appreciation
0.65%
Original Mortgage
$11,000,000
Outstanding Balance
$9,819,056
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$3,611,212

Purchase Details

Listed on
Oct 26, 2015
Closed on
May 17, 2016
Sold by
Teymouriari Nariman S and Teymourian Gail Suzanne Marie
Bought by
Lahas Llc
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
Brandee Krzanich
Real Estate EBroker Inc.
List Price
$11,990,000
Sold Price
$10,800,000
Premium/Discount to List
-$1,190,000
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$7,560,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2015
Sold by
Teymourian Nariman S and Teymourian Gail Suzanne Marie
Bought by
Teymourian Nariman S and Teymourian Gail Suzanne Marie

Purchase Details

Closed on
Jun 27, 2003
Sold by
Koenig George H and Koenig Lizabeth E
Bought by
Teymourian Nariman S and Teymourian Gail Ferrando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Koenig George and Koenig Lizabeth
Bought by
Koenig George H and Koenig Lizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fobes Malcolm R $13,000,000 Lawyers Title Company
Lahas Llc $10,800,000 Chicago Title Company
Teymourian Nariman S -- Old Republic Title Company
Teymourian Nariman S $2,775,000 First American Title Company
Koenig George H -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fobes Malcolm R $6,000,000
Open Fobes Malcolm R $11,000,000
Previous Owner Lahas Llc $7,560,000
Previous Owner Teymourian Nariman S $10,500,000
Previous Owner Teymourian Nariman $5,100,000
Previous Owner Teymourian Nariman S $500,000
Previous Owner Teymourian Nariman S $5,850,000
Previous Owner Teymourian Nariman S $4,631,250
Previous Owner Teymourian Nariman S $1,803,750
Previous Owner Koenig George H $500,000
Previous Owner Koenig George $60,000
Previous Owner Koenig Md George H $260,000
Previous Owner Koenig George H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $13,000,000 -1.9% $1,756 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $13,249,000 +22.7% $1,790 / Sq Ft
05/18/2016 05/18/16 Sold $10,800,000 -9.9% $1,459 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $11,990,000 0.0% $1,620 / Sq Ft
03/07/2016 03/07/16 Price Changed $11,990,000 +11.0% $1,620 / Sq Ft
12/21/2015 12/21/15 Off Market $10,800,000 -- --
10/26/2015 10/26/15 For Sale $12,880,000 -- $1,740 / 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 $152,292 $14,071,616 $9,850,131 $4,221,485
2023 $152,292 $13,525,200 $9,467,640 $4,057,560
2022 $145,941 $13,260,000 $9,282,000 $3,978,000
2021 $143,580 $13,000,000 $9,100,000 $3,900,000
2020 $129,755 $11,690,265 $8,313,078 $3,377,187
2019 $128,264 $11,461,045 $8,150,077 $3,310,968
2018 $125,184 $11,236,320 $7,990,272 $3,246,048
2017 $124,218 $11,016,000 $7,833,600 $3,182,400
2016 $69,816 $6,102,940 $2,972,589 $3,130,351
2015 $69,232 $6,011,269 $2,927,938 $3,083,331
2014 $67,968 $5,893,518 $2,870,584 $3,022,934
Source: Public Records

Agents Affiliated with this Home

  • Judy Citron

    Seller's Agent in 2020

    Judy Citron

    Compass

    (650) 400-8424

    17 in this area

    220 Total Sales

    Section Image
  • Hugh Cornish

    Seller's Agent in 2016

    Hugh Cornish

    Coldwell Banker Realty

    (650) 566-5353

    24 in this area

    114 Total Sales

    Section Image

  • V

    Seller Co-Listing Agent in 2016

    Valerie Soltau

    Compass

    Section Image

  • B

    Buyer's Agent in 2016

    Brandee Krzanich

    Real Estate EBroker Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81797399

MLSListings

APN: 070-132-010

California San Mateo County Atherton 94027

247 Atherton Ave, Atherton, CA

This home is located at 247 Atherton Ave, Atherton, CA 94027 since 19 June 2020 and is currently estimated at $13,564,347, approximately $1,832 per square foot. This property was built in 2007. 247 Atherton Ave is a home located in San Mateo County with nearby schools including Oak Knoll Elementary School, Hillview Middle School, and Menlo-Atherton High School.

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