NOT LISTED FOR SALE

265 Polhemus Ave Atherton, CA 94027

Estimated Value: $8,475,000

5 Beds
3.5 Baths
3,720 Sq Ft
$2,278/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $7,980,000 $2,145 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $52,791/month

21 Days on Market

Highlights

  • Pool and Spa
  • Skyline View
  • Post and Beam
  • Las Lomitas Elementary School Rated A+
  • 1 Acre Lot
  • Wood Flooring

About This Home

As of September 2018

Welcome to this 4 Bedroom 3.5 bath home located in Central Atherton. Short distance to downtown Menlo Park. This home has an abundance of natural light through many skylights. Some of the many features include formal living room with gas fireplace, kitchen with granite counter tops, new appliances and a wine refrigerator for over 167 bottles. Large master suite with a state of the art bathroom. Family room opens to the garden and pool, it has 78 TV with 4K and built in audio speakers, fireplace and built in cabinets. 4th bedroom has custom built in cabinet and closets it is currently being used as an office. Travertine floors and hardwood maple floors throughout. House was repainted inside and stucco outside. In late 2014 the owner remodeled 75% of the house.The owner opted to remove the 5th bedroom and made the garage into a 3 car garage and built 1 lift in order to be able to park 4 cars.

Last Agent to Sell the Property

Carla Anisman

Compass License #00916725 Listed on: 05/04/2018

Compass

Last Buyer's Agent

Bradley Smith

Pacific Peninsula Group License #01075230

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Wood Fence
  • Lot Sloped Down
  • Back Yard
  • Zoning described as R1001A

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Skyline
  • Garden

Home Design

  • Post and Beam
  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,720 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • 2 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Storage Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Black Bottom Pool
  • In Ground Pool

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 070-032-400

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 3720
  • Year Built: 1977
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Microwave, Oven - Built-In, Oven - Electric, Pantry, Refrigerator, Skylight, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 3720
  • Stories: 1
  • Security: Closed Circuit Monitoring (24-hour), Fire Alarm, Secured Garage / Parking, Security Alarm, Security Lights
  • Laundry: Dryer, Electricity Hookup (220V), Washer
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Attic, Laundry Room, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Dual Flush Toilet, Granite, Shower and Tub, Skylight, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Beam
  • Pool Description: Pool - Black Bottom, Pool - In Ground, Pool / Spa Combo
  • Roof: Composition
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Fenced, Porch - Enclosed
  • Pool: Yes
  • Fencing: Fenced, Gate, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Workshop in Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 070-032-400
  • Lot Acres: 1.0038
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43725.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43725.00
  • Soil: Adobe

Green Features

  • Energy Features: Ceiling Insulation, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Las Lomitas Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Pacific Peninsula Group
Bought by
Dholakia Trust and Dholakia
Current Estimated Value
$8,475,000

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 18, 2018
Sold by
Valdevit Ezio
Bought by
Pacific Peninsula Group
Seller's Agent
Carla Anisman
Compass
Buyer's Agent
Bradley Smith
Pacific Peninsula Group
List Price
$8,488,000
Sold Price
$7,980,000
Premium/Discount to List
-$508,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$4,495,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 15, 2000
Sold by
Hillman Gary L and Hillman Patricia C
Bought by
Valdevit Ezio
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

Date Buyer Sale Price Title Company
Dholakia Trust $14,600,000 Lawyers Title
Pacific Peninsula Group $7,980,000 First American Title Co
Valdevit Ezio $5,000,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific Peninsula Group $4,495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $7,980,000 -6.0% $2,145 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $8,488,000 -- $2,282 / 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 $254,863 $23,348,696 $10,824,321 $12,524,375
2023 $254,863 $22,442,040 $10,404,000 $12,038,040
2022 $243,958 $22,002,000 $10,200,000 $11,802,000
2021 $162,281 $14,600,000 $10,000,000 $4,600,000
2020 $87,833 $7,946,000 $7,446,000 $500,000
2019 $92,849 $7,980,000 $7,300,000 $680,000
2018 $76,409 $6,754,048 $3,377,024 $3,377,024
2017 $74,474 $6,621,616 $3,310,808 $3,310,808
2016 $73,950 $6,491,782 $3,245,891 $3,245,891
2015 $66,479 $5,842,000 $2,921,000 $2,921,000
2014 $62,361 $5,400,000 $2,700,000 $2,700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81704061

MLSListings

APN: 070-032-400