NOT LISTED FOR SALE

5 Faxon Forest Atherton, CA 94027

Estimated Value: $8,373,000 - $23,511,411

5 Beds
7 Baths
9,587 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $23,050,000 $2,404 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $109,178/month

4 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Oak Knoll Elementary School Rated A
  • Private Pool
  • 1.01 Acre Lot

About This Home

As of June 2021

This magnificent property, built in 2007 by renowned builder Pacific Peninsula Group, presents a timeless architectural style which has been extensively renovated inside and out. Truly designer perfection! Unique custom lighting selections from top design houses complement most rooms along with a palette of crisp white linear millwork and contrasting espresso-hued hardwood floors. The result is chic modern sophistication on the street deemed to be the most desirable in all of Atherton. Total finished and unfinished square footage: 11,175. Main House: 9540, Guest House: 780, 1- Car Garage: 330, 2-Carr Garage: 475

Last Agent to Sell the Property

Erika Demma

Compass License #01230766 Listed on: 05/21/2021

Compass

Last Buyer's Agent

Tom LeMieux

Compass License #01066910

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $267,753

Year Built

  • 2007

Lot Details

  • 1.01 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 3 Car Detached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Guest Parking

Home Design

  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 9,587 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Entertainment System
  • Vaulted Ceiling
  • Skylights
  • Circular Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 7 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Utility Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Lights
  • Security Gate
  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Fire Pit
  • Shed

Additional Features

  • 780 SF Accessory Dwelling Unit
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$267,753

Year Built

2007

Lot Details

0

Parking

3

Listing Details

  • Zoning: R10000
  • Subclass: Single Family Home
  • Age: 14
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 780
  • Structure Sq Ft: 9587
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Primary Bedroom, Outside
  • Dining Room: Breakfast Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Island With Sink, Microwave, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 9587
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-Hour), Fire Alarm, Fire System - Sprinkler, Security Alarm, Security Lights, Video / Audio System
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Media / Home Theater, Office Area, Recreation Room, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 7
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Slate
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Fire Pit, Outdoor Fireplace, Outdoor Kitchen, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Complete Perimeter
  • Pool: Pool - Cover, Pool - Heated, Pool - In Ground, Spa - Cover, Spa - In Ground, Spa - Jetted

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Car Hookup, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Security Gate, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet, Wet Bar

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.0053
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43791.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43791.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Guest/Pool Hous

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Talasaz And Eskandari 2017 Family Trust and Talasaz Amirali
Bought by
Faxon Forest Holdings Llc
Current Estimated Value
$15,942,206

Purchase Details

Listed on
May 21, 2021
Closed on
May 26, 2021
Sold by
Foley Mark J and Foley Dana Lynne
Bought by
Park Lane Holdings Llc
Seller's Agent
Erika Demma
Compass
Buyer's Agent
Tom LeMieux
Compass
List Price
$21,995,000
Sold Price
$23,050,000
Premium/Discount to List
$1,055,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.33%

Purchase Details

Closed on
Jul 13, 2016
Sold by
Keshavarz Arezou
Bought by
Foley Mark J and Foley Dana Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 2014
Sold by
Keshavarz Hamid and Elmieh Fardenah
Bought by
The Keshavarz Legacy Trust

Purchase Details

Closed on
Jul 18, 2007
Sold by
Pacific Peninsula Group
Bought by
Keshavarz Hamid and Elmieh Fardenah

Purchase Details

Closed on
Apr 8, 2005
Sold by
Rosenkranz Ricardo
Bought by
Pacific Peninsula Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,075,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 1998
Sold by
Osullivan Benjamin C
Bought by
Rosenkranz Ricardo
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
Faxon Forest Holdings Llc -- None Listed On Document
Talasaz And Eskandari 2017 Family Trust -- None Listed On Document
Park Lane Holdings Llc $23,050,000 Lawyers Title Company
Foley Mark J $15,500,000 Lawyers Title Company
The Keshavarz Legacy Trust -- First American Title Company
Keshavarz Hamid $15,900,000 None Available
Pacific Peninsula Group $6,150,000 First American Title Co
Rosenkranz Ricardo $2,125,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Mark J $7,750,000
Previous Owner Foley Mark J $7,750,000
Previous Owner Pacific Peninsula Group $8,200,000
Previous Owner Pacific Peninsula Group 5 Faxon $85,000
Previous Owner Pacific Peninsula Group $3,075,000
Closed Pacific Peninsula Group $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $23,050,000 +4.8% $2,404 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $21,995,000 -- $2,294 / 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 $267,753 $24,950,060 $12,475,030 $12,475,030
2023 $267,753 $23,981,220 $11,990,610 $11,990,610
2022 $256,652 $23,511,000 $11,755,500 $11,755,500
2021 $182,884 $16,619,132 $11,392,147 $5,226,985
2020 $181,518 $16,448,724 $11,275,335 $5,173,389
2019 $179,444 $16,126,200 $11,054,250 $5,071,950
2018 $175,148 $15,810,000 $10,837,500 $4,972,500
2017 $173,518 $15,500,000 $10,625,000 $4,875,000
2016 $179,253 $16,050,786 $6,803,462 $9,247,324
2015 $177,847 $15,809,689 $6,701,268 $9,108,421
2014 -- $15,500,000 $7,750,000 $7,750,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81845207

MLSListings

APN: 070-180-310