NOT LISTED FOR SALE

Estimated Value: $10,864,152

4 Beds
3 Baths
2,340 Sq Ft
$4,643/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $5,575,000 $2,382 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $73,617/month

146 Days on Market

Highlights

  • In Ground Pool
  • High Ceiling
  • Bathtub with Shower
  • Las Lomitas Elementary School Rated A+
  • Granite Countertops
  • Tile Flooring

About This Home

As of May 2017

A circular driveway adds impressive curb appeal to this remodeled ranch home in west Atherton. Resort-inspired grounds with vast drought-tolerant terraces, a sparkling pool, and defined vegetable gardens enhance the almost one-acre lot. The one-level home takes full advantage of the beautiful setting with floor-to-ceiling windows and glass doors, fine hardwood finishes the floor throughout, and the kitchen is beautifully appointed with timeless appeal. There are 4 spacious bedrooms, including one privately located for guests or an office. Adding the finishing touch is the home's access to top-rated Las Lomitas schools as well as proximity to Sand Hill Road venture capital centers and Stanford University.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 12/05/2016

Compass

Co-Listed By

Jennifer Bitter

Compass License #01847627

Last Buyer's Agent

Irene Reed

Intero Real Estate Services License #01879122

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $163,392

Year Built

  • Built in 1950

Lot Details

  • 0.97 Acre Lot
  • Back Yard Fenced
  • Zoning described as R1001A

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Laundry Tub

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 070-031-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$163,392

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 2340
  • Year Built: 1950
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Oven Range
  • Living Sq Ft: 2340
  • Stories: 1
  • Laundry: Hookup - Electric, Tub / Sink
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Granite, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Pool: Yes
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Parcel Number: 070-031-010
  • Lot Acres: 0.9700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42253.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42253.00

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

Listed on
Dec 5, 2016
Closed on
May 22, 2017
Sold by
Zaheri Michael and Zaheri Saloumeh
Bought by
Chen David J and Chen Kateryna
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Irene Reed
Intero Real Estate Services
List Price
$5,950,000
Sold Price
$5,575,000
Premium/Discount to List
-$375,000
-6.3%
Current Estimated Value
$10,864,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,289,152
Avg. Annual Appreciation
8.44%
Original Mortgage
$2,575,000
Outstanding Balance
$2,149,218
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$8,666,745

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hokmabadi Ahmad and Hokmabadi Mitra
Bought by
Zaheri Michael and Zaheri Saloumeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2008
Sold by
Hokmabadi Ahmad and Hokmabadi Mitra
Bought by
Hokmabadi Ahmad and Hokmabadi Mitra

Purchase Details

Closed on
Apr 18, 2006
Sold by
Lamkin Bryan and Carughi Arianna
Bought by
Hokmabadi Ahmad and Hokmabadi Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Millard Richard S and Edwards Millard Jessica
Bought by
Lamkin Bryan and Carughi Arianna

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
6.84%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Hoskinson Barbara Girvin Tr
Bought by
Millard Richard S and Edwards Millard Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
4.95%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 25, 1998
Sold by
Gi Hoskinson Barbara
Bought by
Hoskinson Barbara Girvin
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
Chen David J $5,575,000 Chicago Title Company
Zaheri Michael $2,450,000 First American Title Company
Hokmabadi Ahmad -- None Available
Hokmabadi Ahmad $2,950,000 First American Title Company
Lamkin Bryan $2,600,000 Chicago Title Co
Millard Richard S $2,100,000 Commonwealth Land Title Ins
Hoskinson Barbara Girvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen David J $2,575,000
Previous Owner Zaheri Michael $1,451,000
Previous Owner Zaheri Michael $340,000
Previous Owner Zaheri Michael $1,909,000
Previous Owner Zaheri Michael $1,925,000
Previous Owner Zaheri Michael $1,960,000
Previous Owner Hokmabadi Ahmad $2,000,000
Previous Owner Lamkin Bryan $1,000,000
Previous Owner Lamkin Bryan $100,000
Previous Owner Lamkin Bryan $1,000,000
Previous Owner Millard Richard S $1,680,000
Closed Lamkin Bryan $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $5,575,000 -6.3% $2,382 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $5,950,000 -- $2,543 / 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 $163,392 $14,960,361 $6,029,241 $8,931,120
2023 $163,392 $11,372,119 $5,795,119 $5,577,000
2022 $81,577 $7,281,490 $5,681,490 $1,600,000
2021 $71,825 $6,370,089 $5,570,089 $800,000
2020 $65,998 $5,916,234 $5,512,975 $403,259
2019 $68,086 $5,800,230 $5,404,878 $395,352
2018 $64,796 $5,686,500 $5,298,900 $387,600
2017 $31,784 $2,704,568 $2,594,179 $110,389
2016 $31,545 $2,651,538 $2,543,313 $108,225
2015 $30,950 $2,611,711 $2,505,111 $106,600
2014 $30,688 $2,560,552 $2,456,040 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81633229

MLSListings

APN: 070-031-010