NOT LISTED FOR SALE

251 Polhemus Ave Atherton, CA 94027

Atherton Area

Estimated Value: $8,625,000 - $10,279,502

4 Beds
2.5 Baths
3,160 Sq Ft
$2,916/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Last sale price $10,500,000 $3,323 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $49,309 / mo

132 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Family Room with Fireplace
  • Las Lomitas Elementary School Rated A+
  • 1.22 Acre Lot
  • Jetted Soaking Tub in Primary Bathroom

About This Home

As of February 2024

Excellent opportunity to own a premium parcel of land in coveted central Atherton on approximately 1.22 acres. Set back from the street in a flag lot position at the end of a cul-de-sac with complete privacy. Planning study by Pacific Peninsula Architecture available with MFA including ADU of 10,366 SF / 10,766 SF above ground. (Buyer to confirm with the Town of Atherton) Existing mid-century 4-bedroom, 2.5-bath home on the lot. Swimming pool was drained and has holes in it to prevent it from "popping" There is a tennis court (two fences removed and surface has many cracks). Garage was converted into a playroom. Outstanding Las Lomitas School District. Located in the #1 ZIP code in America close to Stanford University, Sand Hill Road venture capital centers, and Silicon Valley tech companies.

Last Agent to Sell the Property

Mary Gullixson

Compass License #70001879 Listed on: 10/06/2023

Compass

Last Buyer's Agent

Timothy Trailer

Compass License #00426209

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 1.22 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Flag Lot
  • Sprinklers on Timer
  • Zoning described as R1001A

Parking

  • Off-Street Parking

Home Design

  • Fixer Upper
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,160 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Tennis Courts

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number ---070-040-030

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

1.22 Acres

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 3160
  • Year Built: 1955
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Other, Dishwasher, Freezer, Oven Range - Gas
  • Living Sq Ft: 3160
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor
  • Laundry: Dryer, In Utility Room, Washer
  • Flooring: Carpet, Tile, Vinyl / Linoleum, Wood
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Laundry Room, Workshop
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Sprinklers - Auto, Sprinklers - Lawn, Tennis Court
  • Pool: Yes
  • Fencing: Not Surveyed, Partial Fencing

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Lot Description: Flag Lot, Grade - Level
  • Parcel Number: ---070-040-030
  • Lot Acres: 1.2190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 53100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 53100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Bought by
Current Estimated Value
$9,214,834

Purchase Details

Listed on
Oct 6, 2023
Closed on
Feb 26, 2024
Sold by
Bought by
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Timothy Trailer
Compass
List Price
$11,695,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,195,000
-10.22%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.38%

Purchase Details

Closed on
Nov 22, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$10,500,000 Lawyers Title Company
-- --
-- None Listed On Document
-- None Available
-- None Available
-- None Available
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $10,500,000 -4.1% $3,323 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
11/09/2023 11/09/23 Price Changed $10,950,000 -6.4% $3,465 / Sq Ft
10/06/2023 10/06/23 For Sale $11,695,000 -- $3,701 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,866 $10,710,000 $10,648,800 $61,200
2023 $4,866 $304,628 $116,146 $188,482
2022 $4,640 $298,656 $113,869 $184,787
2021 $4,559 $292,801 $111,637 $181,164
2020 $4,457 $289,800 $110,493 $179,307
2019 $4,531 $284,119 $108,327 $175,792
2018 $3,986 $278,549 $106,203 $172,346
2017 $4,463 $273,088 $104,121 $168,967
2016 $4,294 $267,734 $102,080 $165,654
2015 $4,210 $263,713 $100,547 $163,166
2014 $4,161 $258,548 $98,578 $159,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81944255

MLSListings

APN: 070-040-030

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