NOT LISTED FOR SALE

255 Atherton Ave Atherton, CA 94027

Estimated Value: $5,348,000 - $20,484,301

2 Beds
2 Baths
1,560 Sq Ft
$8,765/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $5,100,000 $3,269 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $83,282/month

21 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Formal Dining Room
  • Oak Knoll Elementary School Rated A
  • Cottage
  • Eat-In Kitchen

About This Home

As of March 2014

255 Atherton Ave is on a 40k s.f. lot on the south side of Atherton Ave. There is currently a charming 1929 ‘summer cottage’ on the property; however, this parcel presents an opportunity for a complete redevelopment. This sale is a probate sale subject to court confirmation (3/26/14 9am at the San Mateo Superior Court, 400 County Center, held in Dept. 28). The minimum public overbid is $5,355,500.

Last Agent to Sell the Property

Jeffrey Holman

Golden Gate Sotheby's International Realty License #01372150 Listed on: 02/11/2014

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Steve Lessard

Coldwell Banker Realty License #01183468

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,859

Year Built

  • Built in 1929

Lot Details

  • Zoning described as R1001

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 070-132-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,859

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 85
  • Sale Price Per Sq Ft: 3269.23
  • Listing Class: Residential
  • Structure Sq Ft: 1560
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 4
  • Map Top Coordinate: C
  • Thomas Bros Page: 790
  • Thomas Brothers: C4
  • Year Built: 1929
  • Zoning Description: R1001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 1560
  • Stories: 1
  • Flooring: Tile, Hardwood, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 070-132-140
  • Lot Location: Corner
  • List Price per Sq Ft: 2817.31
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 40000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 40000.00
  • Lot Size Area Min Search: 40000.00
  • Maximum Lot Size: 40000.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 2, 2014
Sold by
Ravi Sudhakar
Bought by
The Sudhakar Ravi & Sumithra Ravi Revoca and Ravi Sumithra
Seller's Agent
Jeffrey Holman
Golden Gate Sotheby's International Realty
Buyer's Agent
Steve Lessard
Coldwell Banker Realty
List Price
$4,395,000
Sold Price
$5,100,000
Premium/Discount to List
$705,000
16.04%
Current Estimated Value
$13,673,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,573,100
Avg. Annual Appreciation
8.89%

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 28, 2014
Sold by
Sadler Carolyn J
Bought by
Ravi Sudhakar
Seller's Agent
Jeffrey Holman
Golden Gate Sotheby's International Realty
Buyer's Agent
Steve Lessard
Coldwell Banker Realty
List Price
$4,395,000
Sold Price
$5,100,000
Premium/Discount to List
$705,000
16.04%

Purchase Details

Closed on
Apr 9, 2002
Sold by
Nietert Pamela A
Bought by
Nietert Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.29%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
The Sudhakar Ravi & Sumithra Ravi Revoca -- Accommodation
Ravi Sudhakar $5,100,000 Fidelity National Title Co
Nietert Pamela A -- First American Title Guarant
Nietert Pamela A -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nietert Pamela A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $5,100,000 +16.0% $3,269 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $4,395,000 -- $2,817 / 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 $138,859 $12,805,945 $6,190,607 $6,615,338
2023 $138,859 $12,308,676 $5,950,219 $6,358,457
2022 $133,060 $12,067,331 $5,833,549 $6,233,782
2021 $130,958 $11,830,717 $5,719,166 $6,111,551
2020 $129,964 $11,709,408 $5,660,523 $6,048,885
2019 $128,471 $11,479,813 $5,549,533 $5,930,280
2018 $125,385 $11,254,719 $5,440,719 $5,814,000
2017 $111,642 $9,874,039 $5,334,039 $4,540,000
2016 $75,113 $6,584,450 $5,229,450 $1,355,000
2015 $59,691 $5,150,899 $5,150,899 $0
2014 $8,955 $549,277 $481,689 $67,588
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Holman

    Golden Gate Sotheby's International Realty

    Section Image

  • S

    Buyer's Agent in 2014

    Steve Lessard

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81404524

MLSListings

APN: 070-132-140

California San Mateo County Atherton 94027

255 Atherton Ave, Atherton, CA

This home is located at 255 Atherton Ave, Atherton, CA 94027 since 11 February 2014 and is currently estimated at $13,673,100, approximately $8,764 per square foot. This property was built in 1929. 255 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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