NOT LISTED FOR SALE

53 Mandarin Way Atherton, CA 94027

West of the Alameda Neighborhood

Estimated Value: $7,059,000 - $8,880,606

5 Beds
3.5 Baths
3,350 Sq Ft
$2,311/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2023

Last sale price $7,000,000 $2,090 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $49,226 / mo

5 Days on Market

Highlights

  • Heated Pool
  • Wood Flooring
  • 2 Car Attached Garage
  • Las Lomitas Elementary School Rated A+
  • Open to Family Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Opportunity knocks at this level mid-century estate in desirable West Atherton. It is located on a quiet cul-de-sac with mature trees. The 3,350 SF home has tall ceilings and walls of windows on the main level. The rear grounds feature mature landscaping, a pool, an organic vegetable garden, and a tennis court. It is lovingly maintained and updated. Inside, it features a primary suite with tall ceilings, two oversized walk-in closets, five bedrooms, an oversized loft, and a total of 4 1/2 Baths The eat-in kitchen is connected to the family room with a fireplace. There is also a loft/office and a 2-car garage. Other features include hardwood floors, a "wine cellar." and a loft. It is on a fully buildable, wide, and level 1.17-acre level parcel. This property presents an excellent opportunity to build the estate of your dreams while generating cash flow during the entitlement process: excellent Las Lomitas School District, minutes to Downtown Menlo Park, Sand Hill Rd, and Stanford.

Last Agent to Sell the Property

Arthur Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 09/07/2023

Sotheby's Intl Rlty

Last Buyer's Agent

Hossein Djalali

Coldwell Banker Realty License #01215831

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 1.17 Acre Lot
  • Zoning described as R1001A

Parking

  • 2 Car Attached Garage

Home Design

  • Reinforced Concrete Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Open to Family Room

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Heated Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 070-031-270

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

1.17 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3350
  • Year Built: 1962
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 3350
  • Stories: 2
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised, Reinforced Concrete
  • Pool Description: Pool - Heated
  • Roof: Composition
  • Pool: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 070-031-270
  • Lot Acres: 1.1651
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 50750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 50750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 6, 2023
Sold by
Bought by
Seller's Agent
Arthur Sharif
Sotheby's Intl Rlty
Buyer's Agent
Hossein Djalali
Coldwell Banker Realty
List Price
$7,498,000
Sold Price
$7,000,000
Premium/Discount to List
-$498,000
-6.64%
Views
40
Current Estimated Value
$7,896,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,896
Avg. Annual Appreciation
3.77%
Original Mortgage
$3,996,000
Interest Rate
0.0712%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,000,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,996,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $7,000,000 -6.6% $2,090 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $7,498,000 -- $2,238 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $78,878 $7,140,000 $7,038,000 $102,000
2023 $78,878 $421,614 $177,630 $243,984
2022 $5,777 $413,348 $174,148 $239,200
2021 $5,680 $405,244 $170,734 $234,510
2020 $5,550 $401,090 $168,984 $232,106
2019 $5,644 $393,226 $165,671 $227,555
2018 $5,376 $385,517 $162,423 $223,094
2017 $6,240 $377,959 $159,239 $218,720
2016 $6,160 $370,549 $156,117 $214,432
2015 $6,027 $364,984 $153,772 $211,212
2014 $5,921 $357,835 $150,760 $207,075
Source: Public Records

Agents Affiliated with this Home

  • Arthur Sharif

    Seller's Agent in 2023

    Arthur Sharif

    Sotheby's Intl Rlty

    (650) 804-4770

    1 in this area

    62 Total Sales

    Arthur Sharif
    Section Image
  • Hossein Djalali

    Buyer's Agent in 2023

    Hossein Djalali

    Coldwell Banker Realty

    (650) 740-2233

    3 in this area

    52 Total Sales

    Hossein Djalali
    Section Image
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Map

Source: MLSListings

MLS Number: ML81939535

MLSListings

APN: 070-031-270

California San Mateo County Atherton 94027 West of the Alameda

53 Mandarin Way, Atherton, CA

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