60 Michaels Way Atherton, CA 94027
Estimated Value: $7,024,000 - $11,715,508
6
Beds
4.5
Baths
6,295
Sq Ft
$1,475/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Home Theater
- Skyline View
- Encinal Elementary School Rated A
- Primary Bedroom Suite
- 0.67 Acre Lot
About This Home
As of November 2017This recently constructed Atherton masterpiece strikes a perfect balance between classic styling and contemporary functionality. The three-level floorplan offers open concept living areas, high tech amenities, and spacious private areas, all bathed natural light. Fine millwork, custom finishes, and top of the line materials make for a stunning presentation, and the home is ideally located just blocks from Downtown and top rated Menlo Park Schools. The 29k plus lot offers the capacity for a pool and cabana/guest house, and currently features a custom tennis court. A modern interpretation of a classic Victorian, newly constructed in 2009 6 bedrooms and 4.5 baths spread over three levels plus top-level loft Approximately 6,295 square feet of living space Smart features include programmable lighting and rain sensor skylights 18 zone programmable radiant heat, and air conditioning Detached oversized 2-car garage Just over two-thirds acre (29,328 square feet)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $129,800
Year Built
- Built in 2009
Lot Details
- 0.67 Acre Lot
- Gated Home
- Fenced Front Yard
- Sprinklers on Timer
- Zoning described as R1001A
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Electric Gate
- Guest Parking
- Off-Street Parking
Home Design
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,295 Sq Ft Home
- Central Vacuum
- Vaulted Ceiling
- Skylights
- Double Pane Windows
- Great Room
- Separate Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Den
- Recreation Room
- Utility Room
- Skyline Views
- Finished Basement
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Marble Bathroom Countertops
- Dual Sinks
- Dual Flush Toilets
- Low Flow Toliet
- Bathtub with Shower
- Steam Shower
- Walk-in Shower
Laundry
- Laundry in Utility Room
- Washer and Dryer
Home Security
- Security Gate
- Smart Home
Outdoor Features
- Tennis Courts
Utilities
- Zoned Heating and Cooling System
- Vented Exhaust Fan
- Radiant Heating System
- 220 Volts
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 070-355-080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2017
Closed on
Nov 1, 2017
Sold by
Shermis Shermis J and Shermis Felicia
Bought by
Jung Mark and Jung Michelle
Seller's Agent
Derk T. Brill
Compass
Buyer's Agent
M.D. Jaco
Investment Capital Partners
List Price
$10,950,000
Sold Price
$10,000,000
Premium/Discount to List
-$950,000
-8.68%
Total Days on Market
33
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
-$714,497
Avg. Annual Appreciation
-0.55%
Original Mortgage
$5,000,000
Outstanding Balance
$4,221,005
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,373,259
Purchase Details
Closed on
Sep 15, 2005
Sold by
Shermis James Herschel and Shermis Felicia
Bought by
Shermis J Herschel and Shermis Felicia
Purchase Details
Closed on
Jan 14, 2000
Sold by
Wilder Charles E & E S Trs
Bought by
Shermis James Herschel and Shermis Felicia
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 |
|---|---|---|---|
| Jung Mark | $10,000,000 | Old Republic Title Company | |
| Shermis J Herschel | -- | -- | |
| Shermis James Herschel | $2,400,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jung Mark | $5,000,000 | |
| Previous Owner | Shermis J Herschel | $999,975 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2017 11/14/17 | Sold | $10,000,000 | -8.7% | $1,589 / Sq Ft |
| 10/14/2017 10/14/17 | Pending | -- | -- | -- |
| 09/10/2017 09/10/17 | For Sale | $10,950,000 | -- | $1,739 / 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 | $129,800 | $11,488,325 | $7,655,521 | $3,832,804 |
| 2022 | $124,374 | $11,263,065 | $7,505,413 | $3,757,652 |
| 2021 | $122,319 | $11,042,223 | $7,358,249 | $3,683,974 |
| 2020 | $121,386 | $10,929,000 | $7,282,800 | $3,646,200 |
| 2019 | $114,409 | $10,200,000 | $7,140,000 | $3,060,000 |
| 2018 | $111,657 | $10,000,000 | $7,000,000 | $3,000,000 |
| 2017 | $66,478 | $5,772,616 | $3,178,374 | $2,594,242 |
| 2016 | $63,523 | $5,530,904 | $3,116,053 | $2,414,851 |
| 2015 | $62,638 | $5,416,439 | $3,069,247 | $2,347,192 |
| 2014 | $60,858 | $5,253,476 | $3,009,125 | $2,244,351 |
Source: Public Records
Agents Affiliated with this Home
-
Derk T. Brill
Seller's Agent in 2017
Derk T. Brill
Compass
(650) 543-1117
37 Total Sales
-
M.D. Jaco
M
Buyer's Agent in 2017
M.D. Jaco
Investment Capital Partners
(650) 743-2444
11 Total Sales
Map
Source: MLSListings
MLS Number: ML81677303
APN: 070-355-080
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