NOT LISTED FOR SALE

Estimated Value: $5,606,000 - $5,877,000

4 Beds
4.5 Baths
3,380 Sq Ft
$1,684/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $5,125,101 $1,516 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $34,818/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.34 Acre Lot
  • Wood Flooring
  • Encinal Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of October 2021

Quintessential Atherton luxury takes center stage in this beautiful home that blends timeless design with modern style. Inside, nearly 3,400 sf of space enjoys high-end appointments including hardwood floors, marble finishes, and fine millwork. A fireplace and built-in entertainment center anchor the family room, the dining room adjoins the chefs kitchen for easy entertaining, and the entire home enjoys a bright, light ambiance. The homes 4 en suite bedrooms provide comfortable accommodations, highlighted by the primary suite with a spa-like bathroom. Outside, the backyard affords private space for outdoor enjoyment, while the detached 2-car garage and extended paver driveway ensure ample parking. Just blocks to Holbrook-Palmer Park, this home is also convenient to both downtown Menlo Park and Palo Alto, and the soon-to-be-completed Atherton Town Center. Plus, children may attend acclaimed schools including Encinal Elementary and Hillview Middle (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 09/13/2021

Last Buyer's Agent

Kamala Venkatesan

7 Hills SV Group License #01387418

7 Hills SV Group

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 0.34 Acre Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,380 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Separate Family Room
  • Formal Dining Room
  • Storage Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Split Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Low Flow Toliet
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Panic Alarm
  • Fire Sprinkler System

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10000
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3380
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Log
  • Dining Room: Breakfast Bar, Dining Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Marble, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Microwave, Oven - Gas, Oven Range, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3380
  • Stories: 2
  • Security: Fire System - Sprinkler, Panic Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, Inside, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Storage
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Tub With Jets, Shower And Tub, Shower Over Tub - 1, Showers Over Tubs - 2+, Split Bath, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Mixed Height / Type, Wood
  • Property Faces: Southeast

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 7
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking, Room For Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan, Central Ac, Multi-Zone
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14854.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14854.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 23, 2021
Sold by
Lempres Michael T and Lempres Stephanie M
Bought by
Ramgopal Karthik and Jin Yuxi
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Kamala Venkatesan
7 Hills SV Group
List Price
$4,488,000
Sold Price
$5,125,101
Premium/Discount to List
$637,101
14.2%
Current Estimated Value
$5,691,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,602
Avg. Annual Appreciation
2.51%
Original Mortgage
$2,999,999
Outstanding Balance
$2,729,776
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,961,927

Purchase Details

Closed on
Sep 5, 2018
Sold by
Lam Tuan and Shu Hwa Chu Suzanne
Bought by
Lempres Michael T and Lempres Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,140,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2008
Sold by
Lam Tuan and Chu Suzanne Shu Hwa
Bought by
Lam Tuan and Chu Suzanne Shu Hwa

Purchase Details

Closed on
Sep 5, 2006
Sold by
Kelly Gordon Development Corp
Bought by
Lam Tuan and Chu Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Jelincich Tony and Jelincich Vinka
Bought by
Kelly Brian J and Kelly Brian J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramgopal Karthik $5,125,500 First American Title Company
Lempres Michael T $4,500,000 Lawyers Title Co
Lam Tuan -- None Available
Lam Tuan $2,688,000 Old Republic Title Company
Kelly Brian J $3,150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramgopal Karthik $2,999,999
Previous Owner Lempres Michael T $2,140,000
Previous Owner Lam Tuan $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $5,125,101 +14.2% $1,516 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $4,488,000 -- $1,328 / 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 $60,666 $5,438,798 $3,714,228 $1,724,570
2023 $60,666 $5,227,603 $3,570,000 $1,657,603
2022 $58,084 $5,125,101 $3,500,000 $1,625,101
2021 $52,764 $4,637,551 $3,091,701 $1,545,850
2020 $52,329 $4,590,000 $3,060,000 $1,530,000
2019 $51,707 $4,500,000 $3,000,000 $1,500,000
2018 $36,800 $3,165,106 $1,582,553 $1,582,553
2017 $36,823 $3,103,046 $1,551,523 $1,551,523
2016 $35,888 $3,042,202 $1,521,101 $1,521,101
2015 $35,555 $2,996,506 $1,498,253 $1,498,253
2014 $34,875 $2,937,810 $1,468,905 $1,468,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862436

MLSListings

APN: 060-323-290