NOT LISTED FOR SALE

261 Atherton Ave Atherton, CA 94027

Estimated Value: $6,958,000 - $16,033,243

4 Beds
3.5 Baths
4,370 Sq Ft
$2,433/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $9,000,000 $2,059 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $64,126/month

Highlights

  • Tennis Courts
  • Wine Cellar
  • 0.98 Acre Lot
  • Oak Knoll Elementary School Rated A
  • Private Pool
  • Family Room with Fireplace

About This Home

As of May 2021

Spanning just under one acre in the heart of central Atherton, this property exudes resort living with a pool and spa, tennis court, and vast terraces for lounging and dining. The private corner lot with gated entrance surrounds a classic California ranch home that is traditional and timeless with hardwood floors, refined moldings, and numerous French doors. The spacious one-story home has 5 bedrooms arranged in two separate wings, plus a family room and pool-side recreation room. Resort-inspired grounds include a vast terrace with fire pit and built-in barbecue center with refrigerator and sink, separate terrace with wood-burning fireplace, arbor-covered dining area, pool and spa, plus tennis courtAdding the finishing touch is access to excellent Menlo Park schools.

Last Agent to Sell the Property

Erika Demma

Compass License #01230766 Listed on: 05/14/2021

Compass

Last Buyer's Agent

Bob Taylor

Taylor Properties License #00303612

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 0.98 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Electric Gate
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,370 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights in Kitchen
  • Garden Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0.98 Acres

Parking

3

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4370
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Outside
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Hood Over Range, Island, Oven - Double, Pantry, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 4370
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Tub In Primary Bedroom, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Tennis Court
  • Fencing: Complete Perimeter, Fenced, Gate
  • Pool: Heated - Solar, Pool - Cover, Pool - In Ground, Pool / Spa Combo

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Guest / Visitor Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Skylight, Walk-In Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.9789
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42640.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42640.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
May 19, 2021
Sold by
Crouch Laurence E and Crouch Manon E
Bought by
Young William H and Young Jennifer R
Seller's Agent
Erika Demma
Compass
Buyer's Agent
Bob Taylor
Taylor Properties
List Price
$8,849,000
Sold Price
$9,000,000
Premium/Discount to List
$151,000
1.71%
Current Estimated Value
$10,631,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,631,081
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Dec 11, 2014
Sold by
Crouch Laurence E and Crouch Manon E
Bought by
Crouch Laurence E and Crouch Manon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,895,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2007
Sold by
Crestrock Holdings Ltd
Bought by
Crouch Laurence E and Crouch Mandy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 7, 2006
Sold by
Martin Joseph W and Martin Zoe B
Bought by
Crestrock Holdings Ltd

Purchase Details

Closed on
Sep 10, 1997
Sold by
Martin Joseph W and Martin Z B
Bought by
Martin Joseph W and Martin Zoe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
7.12%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Martin Joseph W and Martin Z B
Bought by
Martin Joseph W and Martin Zoe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young William H $9,000,000 Lawyers Title Company
Crouch Laurence E -- First American Title
Crouch Laurence E $4,595,000 First American Title Company
Crestrock Holdings Ltd $3,995,000 Chicago Title Company
Martin Joseph W -- American Title
Martin Joseph W -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crouch Laurence E $1,895,000
Previous Owner Crouch Laurence E $100,000
Previous Owner Crouch Laurence E $3,446,250
Previous Owner Martin Joseph W $962,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $9,000,000 +1.7% $2,059 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $8,849,000 -- $2,025 / Sq Ft
Source: MLSListings

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 $114,271 $14,123,457 $8,659,457 $5,464,000
2023 $114,271 $9,363,600 $8,323,200 $1,040,400
2022 $101,877 $9,180,000 $8,160,000 $1,020,000
2021 $64,166 $5,687,498 $5,569,918 $117,580
2020 $63,650 $5,629,181 $5,512,806 $116,375
2019 $62,900 $5,518,806 $5,404,712 $114,094
2018 $61,368 $5,410,595 $5,298,738 $111,857
2017 $61,246 $5,304,506 $5,194,842 $109,664
2016 $59,812 $5,200,497 $5,092,983 $107,514
2015 $59,301 $5,122,382 $5,016,482 $105,900
2014 $58,209 $5,022,043 $4,918,217 $103,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81843951

MLSListings

APN: 070-151-010

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