NOT LISTED FOR SALE

Estimated Value: $8,885,000 - $17,547,809

6 Beds
6.5 Baths
8,800 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $16,000,000 $1,818 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $86,385/month

221 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • 2.54 Acre Lot
  • Menlo-Atherton High School Rated A
  • Solar Heated In Ground Pool
  • Marble Flooring

About This Home

As of December 2015

Exuding the magnificence of a grand and elegant residence, the serene villa weaves a spell of enchantment that invigorates the mind and spirit. Single level custom home on approx 2.5 acres. Extraordinary grounds. 4 car attached garage plus 3 car detached garage with separate entrance. Luxurious appointments and dramatic presentation.

Last Agent to Sell the Property

Carolyn Mansell

Mansell & Company, Inc. License #00449754 Listed on: 03/16/2015

Last Buyer's Agent

Gloria Darke

Compass License #00570470

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 2.54 Acre Lot
  • Property is Fully Fenced
  • Back Yard
  • Zoning described as R1001A

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,800 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Formal Dining Room
  • Den
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite

Pool

  • Solar Heated In Ground Pool
  • Spa
  • Pool Sweep

Outdoor Features

  • Fire Pit
  • Barbecue Area

Additional Homes

  • Guest House
  • 1,200 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Well

Community Details

  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 059-312-280

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 1200
  • Structure Sq Ft: 8800
  • Year Built: 1954
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Island with Sink, Microwave, Wine Refrigerator
  • Living Sq Ft: 8800
  • Stories: 1
  • Security: Controlled / Secured Access
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Marble, Tile, Travertine
  • Additional Rooms: Den / Study / Office, Guest House, In-Law Unit, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Heated, Heated - Solar, Pool - In Ground, Spa / Hot Tub, Pool - Sweep
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Fire Pit
  • Pool: Yes
  • Fencing: Complete Perimeter
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Gate, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Lot Info

  • Parcel Number: 059-312-280
  • Lot Acres: 2.5400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 110642.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 110642.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Second Unit Description: 2BR/1BA

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Nov 19, 2015
Sold by
Sousa Walter J and Sousa Karin R
Bought by
Wagner Family Trust
Seller's Agent
Carolyn Mansell
Mansell & Company, Inc.
Buyer's Agent
Gloria Darke
Compass
List Price
$17,825,000
Sold Price
$16,000,000
Premium/Discount to List
-$1,825,000
-10.24%
Current Estimated Value
$13,216,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,783,595
Avg. Annual Appreciation
-1.87%
Original Mortgage
$8,000,000
Outstanding Balance
$6,084,371
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,132,034

Purchase Details

Closed on
Dec 27, 2006
Sold by
Sousa Walter J and Sousa Karin
Bought by
Sousa Walter J and Sousa Karin R

Purchase Details

Closed on
Apr 9, 1996
Sold by
Bouskos Ernest M and Bouskos Frances M
Bought by
Sousa Walter J and Sousa Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wagner Family Trust $16,000,000 Chicago Title Company
Sousa Walter J -- None Available
Sousa Walter J -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Family Trust $8,000,000
Previous Owner Sousa Walter J $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2015 12/07/15 Sold $16,000,000 -5.3% $1,818 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/16/2015 10/16/15 Price Changed $16,900,000 -3.4% $1,920 / Sq Ft
06/22/2015 06/22/15 Price Changed $17,500,000 -1.8% $1,989 / Sq Ft
03/16/2015 03/16/15 For Sale $17,825,000 0.0% $2,026 / Sq Ft
05/06/2014 05/06/14 Rented $23,500 -32.9% --
05/05/2014 05/05/14 Under Contract -- -- --
12/10/2012 12/10/12 For Rent $35,000 -- --
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 $207,312 $19,050,120 $17,685,936 $1,364,184
2023 $207,312 $18,310,383 $16,999,170 $1,311,213
2022 $194,471 $17,951,357 $16,665,853 $1,285,504
2021 $192,551 $17,599,371 $16,339,072 $1,260,299
2020 $189,931 $17,418,912 $16,171,535 $1,247,377
2019 $188,123 $16,979,327 $15,854,447 $1,124,880
2018 $183,114 $16,646,400 $15,543,576 $1,102,824
2017 $181,916 $16,320,000 $15,238,800 $1,081,200
2016 $179,349 $16,000,000 $14,940,000 $1,060,000
2015 $62,547 $5,613,594 $3,857,948 $1,755,646
2014 $61,340 $5,503,633 $3,782,377 $1,721,256
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: MLSListings

MLS Number: ML81455234

MLSListings

APN: 059-312-280