NOT LISTED FOR SALE

Estimated Value: $5,332,000 - $7,512,358

6 Beds
3 Baths
6,005 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $4,665,000 $777 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $39,667/month

48 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Forced Air Heating System
  • Las Lomitas Elementary School Rated A+
  • Open to Family Room

About This Home

As of January 2020

Welcome to one of Atherton's last great opportunities. Nestled on 1.24 acres, this property offers the perfect location for an Atherton buyer's dream residence. Remodel or build new, the choice is yours. Resting in the West of Alameda, this home is part of the renowned Las Lomitas School District and is minutes from both Downtown Menlo Park and 280 Freeway. This private estate offers a peaceful creekside setting in a prime location location of Atherton. Separate guest house staged and perfect. Being sold 100% as is! Builders, contractors or buyers ... hurry hurry this won't last.

Last Listed By

George Anagnostou

Compass License #02072138 Listed on: 09/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,852

Year Built

  • Built in 1900

Lot Details

  • 1.24 Acre Lot
  • Zoning described as R01

Parking

  • 2 Car Garage

Home Design

  • Masonry Perimeter Foundation
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Bedrooms
  • 6,005 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Flooring

  • Wood Flooring
  • No Floor Coverings

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 073-202-960

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,852

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 119
  • Listing Class: Residential
  • Structure Sq Ft: 6005
  • Year Built: 1900
  • Zoning Description: R01
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen, No Formal Dining Room
  • Living Sq Ft: 6005
  • Flooring: Hardwood, Unfinished
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Masonry Perimeter, Wood Frame
  • Roof: Tile
  • Construction Type: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 073-202-960
  • Lot Acres: 1.2372
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 53893.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 53893.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Peninsula Finance Corporation
Bought by
399 Atherton Venture Llc
Total Days on Market
48
Current Estimated Value
$6,258,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$898,349
Interest Rate
6.44%
Mortgage Type
Seller Take Back
Estimated Equity
$5,240,386

Purchase Details

Closed on
Oct 15, 2024
Sold by
Peak Foreclosure Services Inc
Bought by
Peninsula Finance Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$898,349
Interest Rate
6.44%
Mortgage Type
Seller Take Back
Estimated Equity
$5,240,386

Purchase Details

Closed on
Jan 16, 2024
Sold by
Nirvana Investment Group Llc
Bought by
399 Atherton Llc

Purchase Details

Closed on
Aug 16, 2022
Sold by
Nirvana Investment Group Llc
Bought by
Nirvana Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 19, 2019
Sold by
Gray Nancy Baltzer
Bought by
Nirvana Investment Group Llc
Seller's Agent
George Anagnostou
Compass
Buyer's Agent
Dana Cappiello
Sotheby's Intl Rlty
List Price
$4,695,000
Sold Price
$4,665,000
Premium/Discount to List
-$30,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$3,450,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2018
Sold by
Gray Kent A
Bought by
Gray Nancy Baltzer

Purchase Details

Closed on
May 11, 2018
Sold by
Heimbuck Jeffrey and Heimbuck Caron
Bought by
Gray Nancy Baltzer

Purchase Details

Closed on
Feb 25, 2006
Sold by
Heimbuck Jeffrey and Heimbuck Caron
Bought by
Batchelder James R and Batchelder Nicole C

Purchase Details

Closed on
Feb 24, 2006
Sold by
Batchelder James R and Batchelder Nicole C
Bought by
Heimbuck Jeffrey and Heimbuck Caron

Range of Values:

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Average Value
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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
399 Atherton Venture Llc $5,375,000 Fidelity National Title
399 Atherton Venture Llc $5,375,000 Fidelity National Title
Peninsula Finance Corporation $876,086 None Listed On Document
399 Atherton Llc -- None Listed On Document
Nirvana Investment Group Llc -- --
Nirvana Investment Group Llc $4,665,000 Chicago Title Company
Gray Nancy Baltzer -- Lawyers Title Co
Gray Nancy Baltzer $4,700,000 Lawyers Title Co
Batchelder James R -- None Available
Heimbuck Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 399 Atherton Venture Llc $900,000
Closed 399 Atherton Venture Llc $900,000
Open 399 Atherton Venture Llc $7,200,200
Closed 399 Atherton Venture Llc $7,200,200
Previous Owner Nirvana Investment Group Llc $350,000
Previous Owner Nirvana Investment Group Llc $250,000
Previous Owner Nirvana Investment Group Llc $750,000
Previous Owner Nirvana Investment Group Llc $4,500,000
Previous Owner Nirvana Property Group Llc $1,100,000
Previous Owner Nirvana Investment Group Group Llc $200,000
Previous Owner Nirvana Investment Group Llc $3,300,000
Previous Owner Nirvana Investment Group Llc $1,000,000
Previous Owner Nirvana Investment Group Llc $3,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $4,665,000 -0.6% $777 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $4,695,000 -- $782 / 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 $56,852 $4,903,746 $4,835,421 $68,325
2022 $54,413 $4,807,595 $4,740,609 $66,986
2021 $53,561 $4,713,329 $4,647,656 $65,673
2020 $54,821 $4,889,880 $4,785,840 $104,040
2019 $56,539 $4,794,000 $4,692,000 $102,000
2018 $25,701 $2,175,818 $1,087,909 $1,087,909
2017 $25,587 $2,133,156 $1,066,578 $1,066,578
2016 $25,311 $2,091,330 $1,045,665 $1,045,665
2015 $24,829 $2,059,918 $1,029,959 $1,029,959
2014 $24,605 $2,019,568 $1,009,784 $1,009,784
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81768741

MLSListings

APN: 073-202-960