NOT LISTED FOR SALE

291 Polhemus Ave Atherton, CA 94027

Estimated Value: $7,237,000 - $19,881,093

7 Beds
10 Baths
11,430 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $9,250,000 $809 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $73,603/month

346 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Primary Bedroom Suite
  • Las Lomitas Elementary School Rated A+
  • Sauna
  • Fireplace in Primary Bedroom

About This Home

As of September 2014

This prestigious home presents unparalleled luxury in desirable west Atherton. Exemplifying a classic, time-honored appeal, the home is stylishly appointed with exceptional finishes spanning 3 luxurious levels, all serviced by elevator. Completed in 2004, it offers 7 bedrooms, 8 full baths, and 2 half-baths in the main residence, a guest house with full kitchen and bath, and Las Lomitas schools.

Last Agent to Sell the Property

Shary Symon

Compass License #70000736 Listed on: 09/23/2013

Compass

Last Buyer's Agent

Kay Wang

Compass License #01936871

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Security Fence
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1001

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 11,430 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Dryer
  • Utility Room
  • Sauna
  • Neighborhood Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Patio
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 070-032-040

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

1.06 Acres

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 809.27
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 11430
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 5
  • Map Top Coordinate: B
  • Thomas Bros Page: 790
  • Thomas Brothers: B5
  • Year Built: 2004
  • Zoning Description: R1001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Pantry, Garbage Disposal, Oven Range, Dishwashers - 2+, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Refrigerators - 2+, Hookups - Gas
  • Living Sq Ft: 11430
  • Stories: 3
  • Security: Security Alarm - Owned, Fire Alarm, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Area, Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Utility Room, Den / Study / Office, Rec/Rumpus Room, Formal Entry, Basement - Full, Guest House, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 9
  • Minimum Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Steam Shower, Tub in Primary Bedroom, Tub with Jets, Bidet, Half Bath - More than 1, Sauna

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Slate
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Elevator(s)/Lift(s), Double Pane Windows(s), High Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 070-032-040
  • List Price per Sq Ft: 857.39
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 46225.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 46225.00
  • Lot Size Area Min Search: 46225.00
  • Maximum Lot Size: 46225.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Sep 8, 2014
Sold by
Goldberg David and Sandberg Sheryl
Bought by
New Cosmos Ventures Llc
Seller's Agent
Shary Symon
Compass
Buyer's Agent
Kay Wang
Compass
List Price
$10,499,000
Sold Price
$9,250,000
Premium/Discount to List
-$1,249,000
-11.9%
Current Estimated Value
$12,184,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,934,698
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Dec 10, 2004
Sold by
Bonakdar Jafar and Bonakdar Susan
Bought by
Goldberg David and Sandberg Sheryl

Purchase Details

Closed on
Mar 15, 2004
Sold by
Bonakdar Jafar and Bonakdar Suzan
Bought by
Bonakdar Jafar and Bonakdar Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bonakdar Jafar and Bonakdar Suzan
Bought by
Bonakdar Jafar and Bonakdar Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 4, 2002
Sold by
Bonakdar Jafar and Bonakdar Suzan
Bought by
Bonakdar Jafar and Bonakdar Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 3, 2000
Sold by
Clements Jordan
Bought by
Bonakdar Jafar and Bonakdar Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
8.3%

Purchase Details

Closed on
May 1, 1998
Sold by
Cotter Jerry J and Cotter Mary J
Bought by
Peterson Daniel S
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
New Cosmos Ventures Llc $9,250,000 Old Republic Title Company
Goldberg David $7,995,000 Financial Title Company
Bonakdar Jafar -- --
Bonakdar Jafar -- Old Republic Title Company
Bonakdar Jafar -- North American Title Co
Bonakdar Jafar $3,995,000 Fidelity National Title Co
Peterson Daniel S $1,650,454 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonakdar Jafar $4,000,000
Previous Owner Bonakdar Jafar $1,000,000
Previous Owner Bonakdar Jafar $2,500,000
Closed Bonakdar Jafar $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $9,250,000 -5.6% $809 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
03/03/2014 03/03/14 Price Changed $9,800,000 -6.7% $857 / Sq Ft
11/04/2013 11/04/13 For Sale $10,499,000 0.0% $919 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $10,499,000 -- $919 / 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 $122,449 $11,171,792 $6,057,324 $5,114,468
2023 $122,449 $10,737,979 $5,822,111 $4,915,868
2022 $117,217 $10,527,431 $5,707,952 $4,819,479
2021 $115,380 $10,321,012 $5,596,032 $4,724,980
2020 $112,813 $10,215,184 $5,538,652 $4,676,532
2019 $115,891 $9,965,867 $5,430,051 $4,535,816
2018 $110,275 $9,770,459 $5,323,580 $4,446,879
2017 $107,334 $9,578,883 $5,219,197 $4,359,686
2016 $106,627 $9,391,062 $5,116,860 $4,274,202
2015 $104,666 $9,250,000 $5,040,000 $4,210,000
2014 $104,196 $9,091,046 $5,685,458 $3,405,588
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Shary Symon

    Compass

    Section Image

  • K

    Buyer's Agent in 2014

    Kay Wang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81335140

MLSListings

APN: 070-032-040

California San Mateo County Atherton 94027

291 Polhemus Ave, Atherton, CA

Not Listed for Sale

Detached

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