72 Magnolia Dr Atherton, CA 94027
Lindenwood NeighborhoodEstimated Value: $7,528,000 - $9,731,548
5
Beds
5.5
Baths
5,920
Sq Ft
$1,482/Sq Ft
Est. Value
Highlights
- Home Theater
- Heated In Ground Pool
- 3 Fireplaces
- Encinal Elementary School Rated A
- Wood Flooring
- Bonus Room
About This Home
As of May 2016Within this warm East Coast shingled home awaits a combination of luxury and practical living sure to appeal to a broad audience. Having undergone a major renovation in 2004, the stunning interiors include a custom media room, a fabulous kitchen and family room combination plus formal living and dining venues for hosting events. A fully customized office easily accommodates 4, while 5 bedrooms accommodate multi-generational families and/or staff. A detached workshop is also designed for the maker movement. A pool and spa, two steam showers, and a fitness center area add the finishing touches for health and wellness. The main home is ~ 5,920 SF plus additional space of ~900 SF for the workshop.
Last Agent to Sell the Property
Tom LeMieux
Compass License #01066910 Listed on: 04/25/2016
Co-Listed By
Jennifer Bitter
Compass License #01847627
Last Buyer's Agent
Kay Wang
Compass License #01936871
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $100,536
Year Built
- Built in 1954
Lot Details
- 0.93 Acre Lot
- Sprinkler System
- Zoning described as R1001A
Parking
- 3 Car Garage
- Guest Parking
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,920 Sq Ft Home
- 3 Fireplaces
- Gas Fireplace
- Formal Dining Room
- Home Theater
- Bonus Room
- Workshop
- Wood Flooring
- Washer and Dryer
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Oven or Range
- Dishwasher
- Wine Refrigerator
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- Heated In Ground Pool
- Pool Cover
Additional Homes
- 900 SF Accessory Dwelling Unit
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 061-123-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2016
Closed on
Apr 21, 2016
Sold by
Coker John L and Coker Renee L
Bought by
Chen Yang Community Property Trust and Yang Ping
Seller's Agent
Tom LeMieux
Compass
Buyer's Agent
Kay Wang
Compass
List Price
$6,850,000
Sold Price
$7,100,000
Premium/Discount to List
$250,000
3.65%
Total Days on Market
2
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
$1,674,637
Avg. Annual Appreciation
1.96%
Purchase Details
Closed on
Apr 14, 2003
Sold by
Brand Richard A and Brand Dianne
Bought by
Coker John L and Coker Renee L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2002
Sold by
Brand Richard A and Brand Dianne
Bought by
Brand Richard A and Brand Dianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,000
Interest Rate
6.8%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 5, 1996
Sold by
Cupertino National Bank & Trust
Bought by
Brand Richard A and Brand Dianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.33%
Purchase Details
Closed on
Dec 6, 1995
Sold by
Cupertino National Bank & Trust
Bought by
Russey Deborah Kert
Purchase Details
Closed on
Aug 31, 1995
Sold by
University Bank & Trust Company
Bought by
Cupertino National Bank & Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Yang Community Property Trust | $7,100,000 | Lawyers Title Company | |
| Coker John L | $2,850,000 | First American Title Company | |
| Brand Richard A | -- | Fidelity National Title Co | |
| Brand Richard A | $1,400,000 | North American Title Co | |
| Russey Deborah Kert | -- | Stewart Title | |
| Cupertino National Bank & Trust | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Xun | $3,550,000 | |
| Previous Owner | Coker John L | $500,000 | |
| Previous Owner | Coker John L | $1,852,500 | |
| Previous Owner | Brand Richard A | $955,000 | |
| Previous Owner | Brand Richard A | $982,850 | |
| Previous Owner | Brand Richard A | $990,000 | |
| Previous Owner | Brand Richard A | $993,000 | |
| Previous Owner | Brand Richard A | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2016 05/10/16 | Sold | $7,100,000 | +3.6% | $1,199 / Sq Ft |
| 04/28/2016 04/28/16 | Pending | -- | -- | -- |
| 04/25/2016 04/25/16 | For Sale | $6,850,000 | -- | $1,157 / 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 | $100,536 | $8,187,946 | $5,956,534 | $2,231,412 |
| 2022 | $89,353 | $8,027,400 | $5,839,740 | $2,187,660 |
| 2021 | $87,868 | $7,870,002 | $5,725,236 | $2,144,766 |
| 2020 | $87,182 | $7,789,306 | $5,666,531 | $2,122,775 |
| 2019 | $86,168 | $7,636,575 | $5,555,423 | $2,081,152 |
| 2018 | $84,084 | $7,486,840 | $5,446,494 | $2,040,346 |
| 2017 | $83,187 | $7,297,000 | $5,339,700 | $1,957,300 |
| 2016 | $44,699 | $3,819,753 | $1,743,441 | $2,076,312 |
| 2015 | $44,303 | $3,762,377 | $1,717,253 | $2,045,124 |
| 2014 | $43,474 | $3,688,679 | $1,683,615 | $2,005,064 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2016
Tom LeMieux
Compass
(650) 465-7459
11 in this area
105 Total Sales
-
Seller Co-Listing Agent in 2016
Jennifer Bitter
Compass
(650) 223-5838
8 in this area
94 Total Sales
-
Buyer's Agent in 2016
Kay Wang
Compass
(650) 888-6968
1 in this area
12 Total Sales
Map
Source: MLSListings
MLS Number: ML81581995
APN: 061-123-040
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