NOT LISTED FOR SALE

87 Patricia Dr Atherton, CA 94027

Estimated Value: $7,828,000 - $14,541,971

5 Beds
6.5 Baths
6,535 Sq Ft
$1,612/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $9,950,000 $1,523 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $67,057/month

275 Days on Market

Highlights

  • Private Pool
  • 1.15 Acre Lot
  • Formal Dining Room
  • Menlo-Atherton High School Rated A
  • Fireplace in Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of March 2020

Unparalleled elegance in Central Atherton. English gardens and limestone walkways set behind a gated entrance lead to a magnificent home with timeless architecture and classic style. Beautifully appointed interior finishes throughout with elegant formal rooms including a grand two-story foyer, formal living and dining rooms, a finely tailored study, central family room and incredible chef's kitchen. Five spacious bedrooms each with en suite bath, two on the main level and three, including the lavish master suite, on the upper level. The rear grounds present a spectacular setting for relaxing or entertaining, 80-foot pool with spa, stone terraces with Rumford fireplace, heated loggia, built-in outdoor kitchen, and separate heated poolside pavilion. Detached 3-car garage with customized exercise studio with kitchen and full bath in one bay.

Last Agent to Sell the Property

Hugh Cornish

Coldwell Banker Realty License #00912143 Listed on: 05/24/2019

Coldwell Banker Realty

Co-Listed By

Stephanie Elkins

Coldwell Banker Realty License #00897565

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118,941

Year Built

  • 1999

Lot Details

  • 1.15

Parking

  • 2 Car Detached Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,535 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Private Pool
  • 1.15 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$118,941

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 6535
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 6535
  • Stories: 2
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Shake

Garage/Parking

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

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 1.1524
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 50200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 50200.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Mar 9, 2020
Sold by
Dostart Steven
Bought by
Jiang Xiao Lan and Zhao Wei
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$10,795,000
Sold Price
$9,950,000
Premium/Discount to List
-$845,000
-7.83%
Current Estimated Value
$10,487,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,663
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Meers Sharon Indira
Bought by
Meers Sharon I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1999
Sold by
The Owen Companies
Bought by
Dostart Steven Peter and Meers Sharon Indira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
7.3%

Purchase Details

Closed on
Oct 17, 1996
Sold by
The Owen Companies
Bought by
The Owen Companies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
8.37%

Purchase Details

Closed on
May 14, 1996
Sold by
Canvin Jack H
Bought by
The Owen Company
Source: Public Records

Range of Values:

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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
Jiang Xiao Lan $9,950,000 Lawyers Title Company
Meers Sharon I -- First American Title Company
Dostart Steven -- First American Title Company
Dostart Steven Peter $4,300,000 First American Title Guarant
The Owen Companies -- Golden California Title Co
The Owen Company $1,350,000 Golden California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dostart Steven $1,100,000
Previous Owner Dostart Steven Peter $1,345,000
Previous Owner Dostart Steven Peter $1,340,000
Previous Owner Dostart Steven Peter $1,725,000
Previous Owner The Owen Companies $2,375,000
Previous Owner The Owen Companies $742,500
Closed Dostart Steven Peter $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $9,950,000 -5.2% $1,523 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $10,495,000 -2.8% $1,606 / Sq Ft
12/20/2019 12/20/19 For Sale $10,795,000 +8.5% $1,652 / Sq Ft
12/18/2019 12/18/19 Off Market $9,950,000 -- --
10/28/2019 10/28/19 Price Changed $10,795,000 -6.1% $1,652 / Sq Ft
10/02/2019 10/02/19 Price Changed $11,495,000 -4.2% $1,759 / Sq Ft
07/22/2019 07/22/19 Price Changed $11,995,000 -38.5% $1,836 / Sq Ft
05/24/2019 05/24/19 For Sale $19,500,000 -- $2,984 / 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 $118,941 $10,881,776 $9,295,991 $1,585,785
2023 $118,941 $10,459,225 $8,935,017 $1,524,208
2022 $111,572 $10,254,143 $8,759,821 $1,494,322
2021 $110,462 $10,053,082 $8,588,060 $1,465,022
2020 $68,765 $6,243,299 $3,021,567 $3,221,732
2019 $68,485 $6,120,883 $2,962,321 $3,158,562
2018 $66,631 $6,000,868 $2,904,237 $3,096,631
2017 $66,494 $5,883,206 $2,847,292 $3,035,914
2016 $65,511 $5,767,850 $2,791,463 $2,976,387
2015 $63,070 $5,681,213 $2,749,533 $2,931,680
2014 $61,850 $5,569,928 $2,695,674 $2,874,254
Source: Public Records

Agents Affiliated with this Home

  • Hugh Cornish

    Seller's Agent in 2020

    Hugh Cornish

    Coldwell Banker Realty

    (650) 566-5353

    24 in this area

    113 Total Sales

    Section Image
  • Stephanie Elkins

    Seller Co-Listing Agent in 2020

    Stephanie Elkins

    Coldwell Banker Realty

    (650) 324-4456

    17 in this area

    74 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81753474

MLSListings

APN: 059-301-020

California San Mateo County Atherton 94027

87 Patricia Dr, Atherton, CA

This home is located at 87 Patricia Dr, Atherton, CA 94027 since 24 May 2019 and is currently estimated at $10,534,324, approximately $1,611 per square foot. This property was built in 1999. 87 Patricia Dr is a home located in San Mateo County with nearby schools including Garfield Elementary School, John F. Kennedy Middle School, and Menlo-Atherton High School.

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