Atherton

Post image for Menlo Park and Atherton are among top 5 cities on 2016-17 property assessment roll

With a percentage growth of 12.5%, Menlo Park led San Mateo County in increased property tax assessment for 2016-17. Atherton was fourth on the list with a gain of 9.25%. Others in the top five include #2 Redwood City (+9.86%), #3 Foster City (+9.25%), and #5 Hillsborough (+7.79%).

“The [Property Assessment] Roll is now nearly 35.5% larger than it was in 2010,” said San Mateo County Assessor Mark Church. “This is the fifth year in a row that a new historical high has been set, and the sixth consecutive year the Roll has moved in a positive direction, reflecting the county’s thriving economy.”

“As home to industry leaders in the fastest-growing sectors of the world economy, business expansion within San Mateo County again created significant growth of new construction, high job growth and increasing real estate prices, resulting in another record roll value” Church added.

The shared property tax funding base is approximately 1% of the county’s property assessment roll, and will thus increase to $1.91 billion. Approximately 45% of revenue is allocated to schools within the county, 22% to the County, 17% to cities, 9% to special districts, and 7% to former redevelopment agencies. “The county’s share will be approximately $420 million, an increase of $29.7 million over last year,” said Church.

The Property Assessment Roll is the assessed value of all properties as of January 1 each year, and reflects changes in ownership, new construction, and declines/restorations in value from the previous January 1. The Property Assessment Roll is composed of two sections, the Secured Roll and the Unsecured Roll. When combined, the two sections are referred to as the Combined Roll.

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94027 Atherton is America’s most expensive zip code, according to Forbes

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94027 Atherton is America’s most expensive zip code, according to Forbes Magazine. The research was conducted by Altos Research, which looked at median home price data for more than 29,500 zip codes, covering 95% of the U.S. population. The median price for a home in Atherton was $10,564,038, with an average days on market of […]

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Menlo Park and Atherton plan National Night Out events on Aug. 5

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The City of Menlo Park is asking those planning National Night Out neighborhood or block parties on Tuesday, August 5 to sign up in advance. One planned event is at Menalto Corners in the Willow neighborhood. Emails Cafe Zoe owner Kathleen Daly: “[There will be]Bounce houses at Spa in the Park, Menlo Park trivia contest sponsored […]

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Faculty and staff at Sacred Heart Schools in Atherton give back via community service day

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Faculty and staff members from Sacred Heart Schools in Atherton spent the morning of January 6, 2014, giving back to local community organizations during the Schools’ second annual Director’s Day of Service. Over 250 individuals participated and collectively gave 750 hours to 12 nonprofit organizations. Rolling up their sleeves, working with their hands, and collaborating […]

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Tesla S leads the way in new car registrations in Atherton

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It’s no secret that the Tesla Model S is the newest “must-have” toy among America’s most affluent citizens. But a shocking analysis from Edmunds.com, the premier resource for car shopping and automotive information, finds that in some of the country’s richest communities, the Model S sells better than any other car on the market. According […]

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InMenlo’s most read 2012 posts: #11 to 20

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Here’s what captured the attention of InMenlo readers during 2012. Results include only posts that went live during the past 12 months. The top ten list will be published tomorrow. 11. Howard M. Daschbach, Jr.: Longtime Atherton resident, local attorney, passes away A man of deep faith and strong community ties, Howard Daschbach died on February […]

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The Groove Kings perform at Holbrook Palmer Park on June 28

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The Groove Kings are appearing at Holbrook-Palmser Park in Atherton on Thursday, June 28 from 6:00 to 8:00, performing popular rock n’ roll and classic R&B. The family-friendly concert is free, and attendees are encouraged to bring a blanket to sit on and picnic dinner to eat.

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Atherton: Loneliest train station on the Peninsula (almost)

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This InMenlo contributor grew up on Hillview Drive in west Menlo Park, and my father took the Southern Pacific (now Caltrain) commuter train every day to the City and back (except on weekends when he drove the company car home). On my 16th birthday, my mother handed me the keys to their huge Pontiac Bonneville […]

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