$1,700,000
SOLD OCT 30, 2015

57 N Gate Atherton, CA 94027

2 Beds
1 Bath
932 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$1,824 Per Sq Ft

3% Below List Price

56 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 1 Car Detached Garage
  • Menlo-Atherton High School Rated A
  • Double Oven
  • Skylights

About This Home

As of December 2017

The Cottage at N. Gate, is nestled amongst a grove of giant sequoia redwoods and heritage oaks. Timeless enhancements appeal to today’s lifestyle, inlaid hardwood flooring, plantation shutters, new paint, and granite countertops evoke designer elegance. Redwood deck and adjoining brick patio on the extra-deep lot provide an inviting venue for outdoor living. Ready to move in and enjoy today, and contemplate the wonderful opportunity to potentially expand or build new in sought-after central Atherton.

Last Agent to Sell the Property

Tom LeMieux

Compass License #01066910 Listed on: 07/27/2015

Compass

Last Buyer's Agent

Andrew Bi

Realty World-SVI Group License #01380420

Realty World-SVI Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,655

Year Built

  • Built in 1927

Lot Details

  • 6,752 Sq Ft Lot
  • Zoning described as R1000A

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 070-103-230

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,655

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 932
  • Year Built: 1927
  • Zoning Description: R1000A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Oven - Double
  • Living Sq Ft: 932
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Selby Lane Elementary
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 673

Lot Info

  • Parcel Number: 070-103-230
  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Selby Lane Elementary
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Oct 30, 2017
Sold by
Farhangi John Anthony and Jali Ebraham
Bought by
Chen Xiang
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Kevin Chen
AEZ Investment, Inc.
List Price
$3,988,000
Sold Price
$4,260,000
Premium/Discount to List
$272,000
6.82%
Current Estimated Value
$5,793,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,533,646
Avg. Annual Appreciation
4.07%
Original Mortgage
$2,500,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 28, 2015
Sold by
Assadi Farsina
Bought by
Jalili Ebrahim
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Andrew Bi
Realty World-SVI Group
List Price
$1,749,000
Sold Price
$1,700,000
Premium/Discount to List
-$49,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.00%
Original Mortgage
$1,360,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 1993
Sold by
Neubauer David M
Bought by
Neubauer David M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,260,000 Chicago Title Co
Interfamily Deed Transfer -- Lawyers Title Company Of Ca
Grant Deed $1,700,000 Lawyers Title Company Of Ca
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,360,000 Adjustable Rate Mortgage/ARM
Previous Owner $657,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $600,000 No Value Available
Previous Owner $510,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $4,260,000 0.0% $1,100 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
11/25/2017 11/25/17 Off Market $4,260,000 -- --
11/10/2017 11/10/17 For Sale $3,988,000 0.0% $1,030 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $3,988,000 +134.6% $1,030 / Sq Ft
10/30/2015 10/30/15 Sold $1,700,000 -2.8% $1,824 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $1,749,000 -- $1,877 / 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 $53,655 $4,847,149 $2,275,657 $2,571,492
2023 $53,655 $4,658,931 $2,187,292 $2,471,639
2022 $50,328 $4,567,580 $2,144,404 $2,423,176
2021 $49,817 $4,478,020 $2,102,357 $2,375,663
2020 $49,128 $4,432,104 $2,080,800 $2,351,304
2019 $48,920 $4,345,200 $2,040,000 $2,305,200
2018 $47,582 $4,260,000 $2,000,000 $2,260,000
2017 $24,448 $2,101,500 $1,606,500 $495,000
2016 $20,038 $1,700,000 $1,575,000 $125,000
2015 $4,693 $328,481 $323,267 $5,214
2014 $4,594 $322,047 $316,935 $5,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81497046

MLSListings

APN: 070-103-230