53 Magnolia Dr Atherton, CA 94027
Lindenwood NeighborhoodEstimated Value: $7,912,000 - $11,108,348
4
Beds
3.5
Baths
4,390
Sq Ft
$2,176/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 3 Fireplaces
- Formal Dining Room
- Encinal Elementary School Rated A
- Den
- Open to Family Room
About This Home
As of February 2017Constructed in 2001 with additional recent renovations, this custom home offering 4 bedrooms, an office, and 3.5 bathrooms is a masterpiece of East Coast-influenced architecture from the signature wraparound front porch to the perfect symmetry of the shuttered windows. The home's grandeur begins with the magnificent curb appeal and continues inside where beautiful appointments include hardwood flooring throughout, European stone selections, and architectural columns. Tall ceilings and wide passageways enhance the spacious dimensions of ~4,400 square feet. Equally impressive this private setting of almost one acre is discretely situated away from the road at the end of a cul-de-sac with a gated entrance. This estate is surrounded by verdant shade and sun gardens, crushed stone paths, manicured landscaping plus a vast limestone terrace ideal for entertaining. Located in the heart of desirable Lindenwood on approximately one acre, this home benefits from acclaimed Menlo Park schools.
Last Agent to Sell the Property
Tom LeMieux
Compass License #01066910 Listed on: 08/08/2016
Co-Listed By
Jennifer Bitter
Compass License #01847627
Last Buyer's Agent
Courtney Charney
Compass License #01756013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $113,496
Year Built
- Built in 2000
Lot Details
- 0.99 Acre Lot
- Property is Fully Fenced
- Zoning described as R1001A
Parking
- 3 Car Garage
Home Design
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,390 Sq Ft Home
- 2-Story Property
- 3 Fireplaces
- Wood Burning Fireplace
- Formal Dining Room
- Den
- Wood Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Built-In Oven
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 061-122-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2016
Closed on
Feb 9, 2017
Sold by
Efros Sergey and Efros Olga
Bought by
Munzig Peter and Munzig Margaret
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Courtney Charney
Compass
List Price
$7,100,000
Sold Price
$6,675,000
Premium/Discount to List
-$425,000
-5.99%
Total Days on Market
161
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,878,337
Avg. Annual Appreciation
4.41%
Original Mortgage
$3,500,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 23, 2016
Sold by
Efros Sergey and Efros Olga
Bought by
Efros Family Irrevocable Trust 05232016
Purchase Details
Closed on
Oct 26, 2007
Sold by
Efros Sergey M and Efros Olga
Bought by
Efros Sergey and Efros Olga
Purchase Details
Closed on
Oct 25, 2007
Sold by
Carlson Alan B and Carlson Patricia N
Bought by
Efros Sergey M and Efros Olga
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munzig Peter | $6,675,000 | Lawyers Title Company | |
| Efros Family Irrevocable Trust 05232016 | -- | None Available | |
| Efros Sergey | -- | First American Title Co | |
| Efros Sergey M | $4,700,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Munzig Living Trust | $4,000,000 | |
| Closed | Munzig Peter | $3,500,000 | |
| Previous Owner | Carlson Alan B | $250,000 | |
| Previous Owner | Carlson Alan B | $1,545,000 | |
| Previous Owner | Carlson Alan B | $999,500 | |
| Previous Owner | Carlson Alan B | $1,000,000 | |
| Previous Owner | Carlson Alan B | $1,000,000 | |
| Previous Owner | Carlson Alan B | $500,000 | |
| Previous Owner | Carlson Alan B | $1,175,000 | |
| Previous Owner | Carlson Alan B | $534,000 | |
| Previous Owner | Carlson Alan B | $665,000 | |
| Previous Owner | Carlson Alan B | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2017 02/22/17 | Sold | $6,675,000 | -6.0% | $1,521 / Sq Ft |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- |
| 08/08/2016 08/08/16 | For Sale | $7,100,000 | -- | $1,617 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $113,496 | $10,018,747 | $5,577,594 | $4,441,153 |
| 2022 | $107,234 | $9,683,086 | $5,468,230 | $4,214,856 |
| 2021 | $80,124 | $7,156,948 | $5,361,010 | $1,795,938 |
| 2020 | $79,494 | $7,083,563 | $5,306,040 | $1,777,523 |
| 2019 | $78,566 | $6,944,670 | $5,202,000 | $1,742,670 |
| 2018 | $76,663 | $6,808,500 | $5,100,000 | $1,708,500 |
| 2017 | $61,409 | $5,319,334 | $4,753,450 | $565,884 |
| 2016 | $60,048 | $5,215,035 | $4,660,246 | $554,789 |
| 2015 | $59,537 | $5,136,701 | $4,590,245 | $546,456 |
| 2014 | $58,443 | $5,036,081 | $4,500,329 | $535,752 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Tom LeMieux
Compass
(650) 465-7459
11 in this area
105 Total Sales
-
Seller Co-Listing Agent in 2017
Jennifer Bitter
Compass
(650) 223-5838
8 in this area
94 Total Sales
-
Buyer's Agent in 2017
Courtney Charney
Compass
(650) 773-3758
1 in this area
37 Total Sales
Map
Source: MLSListings
MLS Number: ML81598901
APN: 061-122-040
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