NOT LISTED FOR SALE

Estimated Value: $8,305,000

1.2 Acres
$6,920,833 Price per Acre
52,272 Sq Ft Lot

Last Sold August 24, 2016

Last sale price $10,000,000 $2,079 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $51,732/month

66 Days on Market

About This Lot

As of August 2016

VIEWS! VIEWS! VIEWS! Exceptional 180 degree, sweeping Bay views including Moffett field and Stanford University's Hoover tower. Build your dream home on this incredible 1.24 acre vacant parcel. Completely private; neighbors can't see in. Permit approved for well on property for landscape irrigation. The highest point in Atherton is located on this property. Great sunlight all day long; property is sunny in the morning and until late in the day. Quick access to Highway 280 (5 minutes) and close proximity to Silicon Valley tech and Sand Hill Road venture capital centers. Las Lomitas schools

Last Agent to Sell the Property

Mary Gullixson

Compass License #70001879 Listed on: 06/13/2016

Compass

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Property Details

Property Type

  • Land

Lot Details

  • 1.2 Acre Lot
  • Chain Link Fence
  • Lot Sloped Up

Property Views

  • Bay
  • City

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: R100
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Building Site Cleared
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, City
  • Fencing: Chain Link

Utilities

  • Sewer/Septic System: Sewer Available

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 1.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 52272.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 52272.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 17, 2016
Sold by
76 Ridge View Partners Llc
Bought by
Deeter Byron B and Deeter Allison K
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$10,800,000
Sold Price
$10,000,000
Premium/Discount to List
-$800,000
-7.41%
Current Estimated Value
$8,305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,695,000
Avg. Annual Appreciation
-1.96%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Chuard Alain Marc and Ransom Victoria Kate
Bought by
76 Ridge View Partners Llc

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 20, 2013
Sold by
Ross Alison and Ross Kenneth
Bought by
Chuard Alain Marc and Ransom Victoria Kate
Seller's Agent
Tom LeMieux
Coldwell Banker
Buyer's Agent
Buffy Bianchini
Coldwell Banker Realty
List Price
$4,695,000
Sold Price
$4,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Schilling Alexander H
Bought by
Ross Kenneth and Ross Alison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Deeter Byron B $10,000,000 Chicago Title Company
76 Ridge View Partners Llc -- None Available
Chuard Alain Marc $4,695,000 First American Title Company
Ross Kenneth $1,330,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Kenneth $1,012,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2016 08/24/16 Sold $10,000,000 -7.4% $2,079 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $10,800,000 +130.0% $2,245 / Sq Ft
03/22/2013 03/22/13 Sold $4,695,000 0.0% $976 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $4,695,000 -- $976 / 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 $319,068 $29,365,667 $10,083,934 $19,281,733
2023 $319,068 $27,700,363 $9,692,363 $18,008,000
2022 $180,625 $16,302,317 $9,502,317 $6,800,000
2021 $163,830 $14,715,998 $9,315,998 $5,400,000
2020 $127,028 $11,520,474 $9,220,474 $2,300,000
2019 $109,852 $9,439,681 $9,039,681 $400,000
2018 $100,148 $8,862,433 $8,862,433 $0
2017 $97,545 $8,688,660 $8,688,660 $0
2016 $44,470 $3,807,262 $3,807,262 $0
2015 $55,420 $4,810,545 $3,750,074 $1,060,471
2014 $55,006 $4,716,314 $3,676,616 $1,039,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81590415

MLSListings

APN: 073-181-450