NOT LISTED FOR SALE

80 Macbain Ave Atherton, CA 94027

Estimated Value: $6,280,000 - $9,086,852

5 Beds
7 Baths
4,891 Sq Ft
$1,585/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $7,250,000 $1,482 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $50,707/month

181 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Encinal Elementary School Rated A
  • Wood Flooring
  • Subterranean Parking

About This Home

As of August 2020

New construction in prime Atherton location. Transitional design with an abundance of light on all three levels. Walk to downtown Menlo Park. 1/2 block to both Menlo School and Sacred Heart Schools. Private showings available to meet your schedule. Very flexible to schedule showings.

Last Agent to Sell the Property

Tim Yaeger

Yaeger Residential Brokerage License #01305139 Listed on: 01/21/2020

Last Buyer's Agent

Courtney Charney

Parc Agency Corporation License #01756013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,157

Year Built

  • 2019

Lot Details

  • 0.33 Acre Lot
  • Property is Fully Fenced

Parking

  • 2 Car Garage

Home Design

  • Reinforced Concrete Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 4,891 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Family or Dining Combination
  • Alarm System
  • Open to Family Room
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,157

Year Built

2019

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Age: 1
  • Estimated Completion Date: 01/16/2020
  • Listing Class: Residential
  • Structure Sq Ft: 4891
  • Construction: Completed-Never Occupied
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log
  • Dining Room: Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 4891
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Shower And Tub, Tub In Primary Bedroom

Exterior Features

  • Foundation: Reinforced Concrete
  • Roof: Metal
  • Fencing: Complete Perimeter
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Underground Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Schools

  • School District: Sequoia Union High
  • Elementary School: Encinal Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 627
  • Middle School: 642

Lot Info

  • Lot Acres: 0.3273
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14258.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14258.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Aug 5, 2020
Sold by
80 Macbain Llc
Bought by
Arditi Robert Charles and Arditi Kelly Mackenzie
Seller's Agent
Tim Yaeger
Yaeger Residential Brokerage
Buyer's Agent
Courtney Charney
Parc Agency Corporation
List Price
$7,750,000
Sold Price
$7,250,000
Premium/Discount to List
-$500,000
-6.45%
Total Days on Market
181
Current Estimated Value
$7,753,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,963
Avg. Annual Appreciation
0.98%
Original Mortgage
$4,050,000
Outstanding Balance
$3,592,677
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,007,179

Purchase Details

Closed on
Jul 6, 2017
Sold by
Lee Claudia B and The Lee Family Trust
Bought by
80 Macbain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1998
Sold by
Lee Francis A and Lee Claudia B
Bought by
Lee Francis A and Lee Claudia B
Source: Public Records

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Range of Values:

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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
Arditi Robert Charles $7,250,000 Lawyers Title Company
80 Macbain Llc $3,000,000 Lawyers Title Company
Lee Francis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arditi Robert Charles $4,050,000
Previous Owner 80 Macbin Llc $4,598,000
Previous Owner 80 Macbain Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $7,250,000 0.0% $1,482 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/18/2020 07/18/20 Price Changed $7,250,000 -3.3% $1,482 / Sq Ft
06/19/2020 06/19/20 Price Changed $7,500,000 -3.2% $1,533 / Sq Ft
06/17/2020 06/17/20 For Sale $7,750,000 +6.9% $1,585 / Sq Ft
06/17/2020 06/17/20 Off Market $7,250,000 -- --
05/05/2020 05/05/20 Price Changed $7,750,000 -1.9% $1,585 / Sq Ft
03/12/2020 03/12/20 Price Changed $7,899,000 -2.5% $1,615 / Sq Ft
02/21/2020 02/21/20 Price Changed $8,098,000 -4.7% $1,656 / Sq Ft
01/21/2020 01/21/20 For Sale $8,499,000 -- $1,738 / 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
2023 $86,157 $7,542,900 $4,161,600 $3,381,300
2022 $82,523 $7,395,000 $4,080,000 $3,315,000
2021 $81,135 $7,250,000 $4,000,000 $3,250,000
2020 $59,206 $5,319,180 $3,069,180 $2,250,000
2019 $42,512 $3,759,000 $3,009,000 $750,000
2018 $33,984 $3,000,000 $2,950,000 $50,000
2017 $2,607 $75,163 $57,011 $18,152
2016 $2,537 $73,691 $55,894 $17,797
2015 $3,324 $72,585 $55,055 $17,530
2014 $2,378 $71,164 $53,977 $17,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779629

MLSListings

APN: 070-354-070