NOT LISTED FOR SALE

Estimated Value: $5,353,000 - $6,931,000

3 Beds
2.5 Baths
2,680 Sq Ft
$2,253/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $5,200,000 $1,940 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $35,746/month

53 Days on Market

Highlights

  • Secluded Lot
  • Ranch Style House
  • Rear Porch
  • Las Lomitas Elementary School Rated A+
  • Enclosed Parking
  • Double Pane Windows

About This Home

As of February 2024

Located in the top Las Lomitas school district! Nestled in the wealthiest zip code in the country, Atherton, CA - 57 Ridge View Dr represents a luxurious and exclusive residential opportunity. Built in 1967, this classic home exudes a distinctive vintage charm, while equipped with modern upgrades to enhance comfort and convenience. The home offers 2,680 square feet of living area - a three-bedroom/two-and-a-half bathroom situated on a (1) acre lot for additional development or redevelopment potential. Preserving the authenticity of its era, the home retains original details such as hardwood floors, vintage fixtures, and classic molding, contributing to the overall character and warmth of the residence. Large windows throughout the home allow for an abundance of natural light, creating a bright and inviting atmosphere. Set on an expansive 1-acre lot, the property provides ample outdoor space for recreation, relaxation or an expansion off the current home. Mature trees, a well-maintained garden, and a sense of seclusion make the backyard a private retreat. Ridge View Drive is synonymous with prestige in Atherton, offering a tranquil setting while being in proximity to the thriving Silicon Valley.

Last Agent to Sell the Property

Andrew Black

Engel & Völkers San Francisco License #02076033 Listed on: 12/04/2023

Engel & Völkers San Francisco

Last Buyer's Agent

Marshall Ward

Compass Danville License #01919391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,972

Year Built

  • Built in 1967

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Secluded Lot

Home Design

  • Ranch Style House
  • Ranch Property
  • Fixer Upper
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,680 Sq Ft Home
  • Double Pane Windows

Parking

  • 6 Car Garage
  • Enclosed Parking
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Uncovered Parking

Outdoor Features

  • Rear Porch

Listing and Financial Details

  • Assessor Parcel Number 073-182-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,972

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Attached
  • Architectural Style: Ranch
  • Property Condition: Fixer, Original
  • Year Built: 1967
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Number Of Rooms: 7
  • Price Per Square Foot: 1940.30
  • Square Footage: 2680.00
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Concrete, Wood, Wood Siding
  • Driveway Sidewalks: Paved Driveway
  • Fencing: Back Yard
  • Foundation: Concrete Perimeter
  • Patio And Porch Features: Back Porch
  • Roof: Shingle, Wood

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Enclosed, Garage Door Opener, Garage Facing Front, Uncovered Parking Space
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 6.00

Lot Info

  • Assessor Parcel Number: 073-182-090
  • Land Use: Ranch, Residential
  • Lot Features: Secluded
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Lot Size Units: SqFt
  • Price Per Acre: 5200000.00
  • Topography: Hillside,Lot Sloped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Feb 16, 2024
Sold by
Gregory J Raugi Living Trust and Dana Raugi Revocable Trust
Bought by
Nguyen Dat T and Nguyen Rosette D
Seller's Agent
Andrew Black
Engel & Völkers San Francisco
Buyer's Agent
Marshall Ward
Compass Danville
List Price
$6,488,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,288,000
-19.85%
Views
161
Current Estimated Value
$6,037,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,129
Avg. Annual Appreciation
10.25%
Original Mortgage
$2,425,000
Outstanding Balance
$2,384,437
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$3,652,692

Purchase Details

Closed on
Dec 13, 2023
Sold by
Victorine G Raugi 2000 Trust
Bought by
Brandon Raugi Revocable Trust and Dana Raugi Revocable Trust

Purchase Details

Closed on
Jul 12, 2014
Sold by
Raugi Gregory J
Bought by
Raugi Gregory J

Purchase Details

Closed on
Apr 26, 2000
Sold by
Victorine Raugi
Bought by
Revocab Raugi Victorine G
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
Nguyen Dat T $5,200,000 Old Republic Title
Brandon Raugi Revocable Trust -- None Listed On Document
Raugi Gregory J -- None Available
Raugi Gregory J -- None Available
Revocab Raugi Victorine G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Dat T $2,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $5,200,000 -19.9% $1,940 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $6,488,000 -- $2,421 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $42,972 $5,304,000 $5,242,800 $61,200
2023 $42,972 $3,669,185 $3,089,221 $579,964
2022 $41,124 $3,597,242 $3,028,649 $568,593
2021 $40,479 $3,526,709 $2,969,264 $557,445
2020 $39,582 $3,490,548 $2,938,818 $551,730
2019 $40,795 $3,422,107 $2,881,195 $540,912
2018 $38,833 $3,355,007 $2,824,701 $530,306
2017 $38,280 $3,289,223 $2,769,315 $519,908
2016 $38,002 $3,224,729 $2,715,015 $509,714
2015 $37,291 $3,176,291 $2,674,233 $502,058
2014 $36,991 $3,114,073 $2,621,849 $492,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423925274

San Francisco Association of REALTORS® MLS

APN: 073-182-090