B
Seller's Agent in 2020
Billy McNair
Compass
70 Gresham Ln Atherton, CA 94027
Estimated Value: $6,543,000 - $18,376,010
7
Beds
10
Baths
9,836
Sq Ft
$1,267/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Heated In Ground Pool
- Primary Bedroom Suite
- Menlo-Atherton High School Rated A
- Solar Power System
- Skyline View
About This Home
As of October 2020Constructed in 2017 by PNC Properties as a custom residence on an extremely private acre of land, this timeless estate offers the finest materials and exceptional craftsmanship. Approached by a gated drive, the stunning home seamlessly blends traditional east coast architecture with modern California livability. The immaculate kitchen will please the most discerning chef, while the adjacent great room offers a compelling venue for gatherings that flow to resort-inspired grounds. The main level features two bedroom suites in addition to a tranquil home office perfect for today's remote work environment. The upper level offers a luxurious primary retreat and three additional bedroom suites. Interior comfort transitions to outdoor amenities suited for the current home-centric lifestyle, including a full guest house, gym pavilion, covered loggia, sport court, putting green, pool, outdoor kitchen, expansive lawn and terrace. This exceptional residence is moments from top private schools.
Last Agent to Sell the Property
Billy McNair
Compass License #01343603 Listed on: 09/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $170,279
Year Built
- Built in 2017
Lot Details
- 1.1 Acre Lot
- Fenced
- Level Lot
- Sprinklers on Timer
- Back Yard
- Zoning described as R1001A
Parking
- 4 Car Garage
- Electric Vehicle Home Charger
- Garage Door Opener
- Electric Gate
- Guest Parking
Home Design
- Ceiling Insulation
- Slate Roof
- Concrete Perimeter Foundation
Interior Spaces
- 9,836 Sq Ft Home
- 2-Story Property
- Entertainment System
- Wired For Sound
- Vaulted Ceiling
- Skylights
- Double Pane Windows
- Mud Room
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- 6 Fireplaces
- Great Room
- Living Room with Fireplace
- Formal Dining Room
- Den
- Library
- Utility Room
- Skyline Views
- Alarm System
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Range Hood
- Ice Maker
- Dishwasher
- Wine Refrigerator
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Stone
- Marble
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Marble Bathroom Countertops
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Eco-Friendly Details
- Solar Power System
Pool
- Heated In Ground Pool
- In Ground Spa
- Outside Bathroom Access
- Pool Cover
- Spa Cover
Outdoor Features
- Balcony
- Outdoor Fireplace
- Outdoor Kitchen
- Fire Pit
- Shed
- Barbecue Area
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 059-303-350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Oct 20, 2020
Sold by
Nikcevic Paul and Nikcevic Claudia
Bought by
Starfish Bay Llc
Seller's Agent
Billy McNair
Compass
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$14,800,000
Sold Price
$14,250,000
Premium/Discount to List
-$550,000
-3.72%
Total Days on Market
21
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
-$2,216,822
Avg. Annual Appreciation
-3.45%
Purchase Details
Closed on
May 30, 2012
Sold by
Habibi Ali and Naraghi Jinous
Bought by
Nikcevic Paul and Nikcevic Claudia
Purchase Details
Closed on
Mar 11, 2008
Sold by
Habibi Ali
Bought by
Habibi Ali and Naraghi Jinous
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,735,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 20, 2006
Sold by
Freeman Marcelline J
Bought by
Habibi Ali and Naraghi Jinous
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 17, 2006
Sold by
Habibi Ali and Naraghi Jinous
Bought by
Habibi Ali and Naraghi Jinous
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Starfish Bay Llc | $14,250,000 | Lawyers Title Company | |
| Nikcevic Paul | $2,900,000 | First American Title Company | |
| Habibi Ali | -- | Chicago Title Co | |
| Habibi Ali | -- | Chicago Title Co | |
| Habibi Ali | -- | Chicago Title Co | |
| Habibi Ali | $2,950,000 | First American Title Company | |
| Habibi Ali | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nikcevic Paul | $3,950,000 | |
| Previous Owner | Nikcevic Paul | $1,100,000 | |
| Previous Owner | Habibi Ali | $1,694,000 | |
| Previous Owner | Habibi Ali | $500,000 | |
| Previous Owner | Habibi Ali | $1,735,000 | |
| Previous Owner | Habibi Ali | $2,000,000 | |
| Previous Owner | Freeman Marcelline J | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2020 10/22/20 | Sold | $14,250,000 | -3.7% | $1,449 / Sq Ft |
| 10/10/2020 10/10/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $14,800,000 | -- | $1,505 / 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 |
|---|---|---|---|---|
| 2025 | $170,279 | $15,424,657 | $9,741,889 | $5,682,768 |
| 2023 | $170,279 | $14,825,700 | $9,363,600 | $5,462,100 |
| 2022 | $159,707 | $14,535,000 | $9,180,000 | $5,355,000 |
| 2021 | $158,086 | $14,250,000 | $9,000,000 | $5,250,000 |
| 2020 | $85,300 | $7,592,230 | $3,215,809 | $4,376,421 |
| 2019 | $84,906 | $7,443,363 | $3,152,754 | $4,290,609 |
| 2018 | $82,518 | $7,297,416 | $3,090,936 | $4,206,480 |
| 2017 | $77,316 | $6,740,330 | $3,030,330 | $3,710,000 |
| 2016 | $46,756 | $4,078,912 | $2,970,912 | $1,108,000 |
| 2015 | $34,313 | $3,030,797 | $2,926,287 | $104,510 |
| 2014 | $33,648 | $2,971,429 | $2,868,966 | $102,463 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Julie Lau
Coldwell Banker Realty
(650) 752-0745
1 in this area
57 Total Sales
Map
Source: MLSListings
MLS Number: ML81811642
APN: 059-303-350
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