NOT LISTED FOR SALE

Estimated Value: $6,423,000 - $9,868,433

5 Beds
8.5 Baths
6,746 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $5,800,000 $860 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $50,225/month

360 Days on Market

Highlights

  • Cabana
  • Bay View
  • Deck
  • North Hillsborough School Rated A
  • 1.53 Acre Lot
  • Wood Flooring

About This Home

As of September 2019

With over 1.5 mostly usable acres, this is one of the best deals in all of Hillsborough. Move right in, expand the recently renovated 6,500+ square foot home, or build your dream estate complete with bay views and canyon views. Seemingly endless possibilities await for the discerning buyer waiting for the perfect opportunity. Just minutes from highway 280 for easy access to San Francisco and Silicon Valley while still being close to Downtown Burlingame.

Last Agent to Sell the Property

Dani Chrisman

Coldwell Banker Realty License #01257952 Listed on: 08/31/2018

Coldwell Banker Realty

Last Buyer's Agent

LAURA BRYANT

KW Advisors License #01818707

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,261

Year Built

  • Built in 1954

Lot Details

  • 1.53 Acre Lot
  • Security Fence
  • Gated Home
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10025

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Canyon
  • Mountain
  • Hills

Home Design

  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,746 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Bay Window
  • Garden Windows
  • Mud Room
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Wood Flooring
  • Security Gate
  • Finished Basement

Kitchen

  • Built-In Double Oven
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Cabana
  • In Ground Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 027-303-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,261

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 6746
  • Year Built: 1954
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Marble, Dishwasher, Island, Island with Sink, Oven - Built-In, Oven - Double, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 6746
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, In Utility Room, Inside
  • Flooring: Wood
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Storage, Utility Room
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Pillars / Posts / Piers
  • Pool Description: Cabana / Dressing Room, Pool - Cover, Pool - In Ground
  • Roof: Tar and Gravel
  • View: Bay, Canyon, Hills, Mountains, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Deck, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Fenced, Gate, Wood
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, High Ceiling, Security Gate, Skylight, Walk-in Closet

Schools

  • School District: San Mateo Union High
  • Elementary School: North Hillsborough
  • Middle School: Crocker Middle
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 685
  • Middle School: 625

Lot Info

  • Lot Description: Views
  • Parcel Number: 027-303-030
  • Lot Acres: 1.5300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 66646.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 66646.80

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: North Hillsborough
  • High School Text: Burlingame High
  • Middle School Text: Crocker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Sep 25, 2019
Sold by
300 Wall Sttreet Llc
Bought by
Pegasaurus Llc
Seller's Agent
Dani Chrisman
Coldwell Banker Realty
Buyer's Agent
LAURA BRYANT
KW Advisors
List Price
$6,450,000
Sold Price
$5,800,000
Premium/Discount to List
-$650,000
-10.08%
Current Estimated Value
$7,990,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,190,358
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
May 19, 2015
Closed on
Dec 2, 2015
Sold by
Beale Denise
Bought by
300 Wall Street Llc
Seller's Agent
Richard Beale
Beale Properties
Buyer's Agent
Pierre & Alex Buljan
Coldwell Banker Realty
List Price
$7,800,000
Sold Price
$5,000,000
Premium/Discount to List
-$2,800,000
-35.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$3,250,000
Interest Rate
3.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 16, 1995
Sold by
Posey Gerald V
Bought by
Posey Gerald V and Leboff Emma B

Purchase Details

Closed on
Nov 24, 1993
Sold by
Leboff Emma B
Bought by
Posey Gerald V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.74%
Source: Public Records

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
Pegasaurus Llc $5,800,000 Old Republic Title Company
300 Wall Street Llc $5,000,000 Old Republic Title Company
Posey Gerald V -- Chicago Title Insurance Co
Posey Gerald V -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2004 Dennis J Paustenbach Trus $1,501,180
Open Pegsaurus Llc $3,000,000
Previous Owner 300 Wall Street Llc $3,250,000
Previous Owner Posey Gerald $500,000
Previous Owner Posey Gerald V $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $5,800,000 -3.3% $860 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $5,995,000 -7.1% $889 / Sq Ft
06/01/2019 06/01/19 For Sale $6,450,000 +11.2% $956 / Sq Ft
06/01/2019 06/01/19 Off Market $5,800,000 -- --
04/08/2019 04/08/19 Price Changed $6,450,000 -7.8% $956 / Sq Ft
08/31/2018 08/31/18 For Sale $6,995,000 +39.9% $1,037 / Sq Ft
12/09/2015 12/09/15 Sold $5,000,000 -15.3% $799 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
11/05/2015 11/05/15 Price Changed $5,900,000 -7.1% $942 / Sq Ft
11/03/2015 11/03/15 Price Changed $6,350,000 -5.9% $1,014 / Sq Ft
09/28/2015 09/28/15 Price Changed $6,750,000 -7.5% $1,078 / Sq Ft
08/29/2015 08/29/15 Price Changed $7,300,000 +5.8% $1,166 / Sq Ft
07/14/2015 07/14/15 Price Changed $6,900,000 -11.5% $1,102 / Sq Ft
03/05/2015 03/05/15 For Sale $7,800,000 -- $1,246 / 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 $81,261 $6,850,000 $3,558,500 $3,291,500
2023 $81,261 $6,740,000 $3,501,715 $3,238,285
2022 $81,705 $6,932,286 $3,813,098 $3,119,188
2021 $75,468 $6,375,084 $3,738,332 $2,636,752
2020 $68,617 $5,800,000 $3,700,000 $2,100,000
2019 $46,244 $3,780,842 $3,246,319 $534,523
2018 $0 $3,780,785 $3,241,162 $539,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81736564

MLSListings

APN: 027-303-140