NOT LISTED FOR SALE

Estimated Value: $7,669,000 - $14,367,139

5 Beds
8 Baths
7,631 Sq Ft
$1,444/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2021

Last sale price $13,600,000 $1,782 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $71,425 / mo

About This Home

This home is located at 35 Mccormick Ln, Atherton, CA 94027 and is currently estimated at $11,018,070, approximately $1,443 per square foot. 35 Mccormick Ln is a home located in San Mateo County with nearby schools including Encinal Elementary School, Hillview Middle School, and Menlo-Atherton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Oct 11, 2021
Sold by
Smith Stephen M and Smith Sandra W
Bought by
Kierlet Llc
Seller's Agent
Liz Daschbach
Compass
Buyer's Agent
Molly Foy Rich
Midtown Realty
List Price
$13,200,000
Sold Price
$13,600,000
Premium/Discount to List
$400,000
3.03%
Current Estimated Value
$11,018,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,581,930
Avg. Annual Appreciation
-4.51%

Purchase Details

Closed on
May 2, 2011
Sold by
Fanlo Saturnino
Bought by
Smith Stephen M and Smith Sandra W

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
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Fanlo Saturnino and Fanlo Elizabeth Babb
Bought by
Fanlo Saturnino

Purchase Details

Closed on
May 25, 2006
Sold by
Schell Joseph M and Schell Deborah Harris
Bought by
Fanlo Saturnino and Fanlo Elizabeth Babb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Schell Joseph M and Schell Deborah H
Bought by
Schell Joseph M and Schell Deborah Harris

Purchase Details

Closed on
Sep 1, 2000
Sold by
Gleason Donald H and Gleason Erela M
Bought by
Schell Joseph M and Schell Deborah H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Kierlet Llc $13,600,000 Old Republic Title Company
Smith Stephen M $7,200,000 Chicago Title Company
Fanlo Saturnino -- None Available
Fanlo Saturnino $7,600,000 First American Title Company
Schell Joseph M -- --
Schell Joseph M $15,000,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Stephen M $2,500,000
Previous Owner Fanlo Saturnino $4,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $13,600,000 +3.0% $1,782 / Sq Ft View Prior Sale
10/12/2021 10/12/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $13,200,000 -- $1,730 / Sq Ft

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 $156,122 $14,432,428 $10,612,080 $3,820,348
2023 $156,122 $13,872,000 $10,200,000 $3,672,000
2022 $149,613 $13,600,000 $10,000,000 $3,600,000
2021 $97,930 $8,796,523 $4,260,996 $4,535,527
2020 $97,172 $8,706,327 $4,217,305 $4,489,022
2019 $96,046 $8,535,616 $4,134,613 $4,401,003
2018 $93,235 $8,323,253 $4,053,543 $4,269,710
2017 $91,762 $8,075,700 $3,974,062 $4,101,638
2016 $89,182 $7,870,296 $3,896,140 $3,974,156
2015 $88,451 $7,752,079 $3,837,617 $3,914,462
2014 $86,850 $7,600,228 $3,762,444 $3,837,784
Source: Public Records

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