NOT LISTED FOR SALE

40 Selby Ln Atherton, CA 94027

Estimated Value: $6,033,000 - $7,992,000

5 Beds
4 Baths
4,075 Sq Ft
$1,608/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $5,200,000 $1,276 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $39,092/month

12 Days on Market

Highlights

  • Private Pool
  • 1.01 Acre Lot
  • Formal Dining Room
  • Menlo-Atherton High School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2021

ENJOY TODAY OR TRANSFORM FOR THE FUTURE This incredible property offers numerous opportunities on over one acre in sought-after central Atherton. Fine hardwood, tile floors and a granite-finished kitchen create a setting ready to move in and enjoy today or lease as an investment property while planning for the future. The spacious multi-level home has 5 bedrooms, 4 baths plus a large pool house for recreation and entertainment. The residence's position on a beautiful corner lot with two gated entrances makes this the perfect place for creating a dream home in this most desirable community of estate properties. The close-in location puts downtown Menlo Park and Redwood City close at hand as well as proximity to numerous private schools, Stanford University, and Sand Hill Road business centers. Per the paid third party vendor, the Main house is 3250 square feet and the Pool House is 825 square feet. The County Record shows the house is 2210 square feet. Buyer to verify the square feet.

Last Agent to Sell the Property

Schoelerman Group

Coldwell Banker Realty License #70010196 Listed on: 03/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1939

Lot Details

  • 1.01

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,075 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Private Pool
  • 1.01 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4075
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 4075
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 658

Lot Info

  • Lot Acres: 1.0110
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44030.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44030.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 1, 2021
Sold by
Chiang Shao Ming and Chiang Kuel Yang
Bought by
Hsueh Walter and Hu Hsiao Lin
Seller's Agent
Schoelerman Group
Coldwell Banker Realty
List Price
$5,200,000
Sold Price
$5,200,000
Current Estimated Value
$6,550,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,350,926
Avg. Annual Appreciation
4.98%
Original Mortgage
$3,900,000
Outstanding Balance
$3,521,227
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,029,699

Purchase Details

Closed on
Mar 30, 2000
Sold by
Chiang Chao Ming and Lee Kuei Yang Chiang
Bought by
Shelby International Inc

Purchase Details

Closed on
Apr 12, 1999
Sold by
Paroli Robert J and Paroli Martha
Bought by
Chiang Chao Ming and Chiang Shao Ming
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hsueh Walter $5,200,000 Lawyers Title Company
Shelby International Inc -- --
Chiang Chao Ming $1,612,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsueh Walter $3,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $5,200,000 0.0% $1,276 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $5,200,000 -- $1,276 / 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 $62,110 $5,628,645 $5,520,403 $108,242
2023 $62,110 $5,410,080 $5,306,040 $104,040
2022 $58,259 $5,304,000 $5,202,000 $102,000
2021 $26,510 $2,335,430 $1,167,715 $1,167,715
2020 $26,136 $2,311,484 $1,155,742 $1,155,742
2019 $26,013 $2,266,162 $1,133,081 $1,133,081
2018 $25,280 $2,221,728 $1,110,864 $1,110,864
2017 $25,594 $2,178,166 $1,089,083 $1,089,083
2016 $25,174 $2,135,458 $1,067,729 $1,067,729
2015 $24,251 $2,103,382 $1,051,691 $1,051,691
2014 $23,780 $2,062,180 $1,031,090 $1,031,090
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLSListings

MLS Number: ML81832198

MLSListings

APN: 059-153-110