NOT LISTED FOR SALE

Estimated Value: $2,972,000 - $3,835,000

3 Beds
2.5 Baths
2,610 Sq Ft
$1,300/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $2,700,000 $1,034 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $21,300/month

7 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Primary Bedroom Suite
  • Tierra Linda Middle School Rated A
  • Bay View
  • Vaulted Ceiling

About This Home

As of September 2020

This stately home greets you with polished landscaping with a paver pathway, a portico with columns, and high cathedral ceilings at the entry. The living room has a soaring ceiling, new hardwood floor, and stylish fireplace. A long breakfast bar between the kitchen and the family room is the perfect place for casual family meals and hanging out while entertaining. The kitchen features crisp white cabinetry and stainless steel appliances, including a Thermador gas range with grill/griddle. The family room with vaulted ceilings has a slider out to the flat, spacious backyard where you'll find an inviting pool, a built-in BBQ area, and a grassy area. The master suite on the second level is a definite retreat! A sitting area, a large bathroom and walk-in closet, and a private outdoor deck with far-reaching views out to the bay and the hills make this level a sanctuary. To top it off, this home has access to the excellent San Carlos schools and is near beautiful hiking trails and parks!

Last Agent to Sell the Property

Vandervort Group

Veritas Homes License #70010088 Listed on: 07/22/2020

Last Buyer's Agent

Vicky Yu

Compass License #02002759

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,123

Year Built

  • Built in 1998

Lot Details

  • 10,006 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as U00000

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Hills

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wine Cellar
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Private Pool
  • Solar Heated Pool
  • Pool Cover

Additional Features

  • Built-In Barbecue
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 049-411-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,123

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 22
  • Listing Class: Residential
  • Structure Sq Ft: 2610
  • Incorporated: Yes
  • Year Built: 1998
  • Zoning Description: U00000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Built-in BBQ Grill, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2610
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Hardwood
  • Additional Rooms: Bonus / Hobby Room, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - Cover
  • Roof: Composition
  • View: Bay, Hills
  • Yard/Grounds: Back Yard, Fenced
  • Pool: Yes
  • Fencing: Wood

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 049-411-050
  • Lot Acres: 0.2297
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10004.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10004.00

Green Features

  • Energy Features: Solar Heating - Pool

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 20, 2020
Sold by
Lips Robert F and Lips Natalie Y
Bought by
Lin Brian and Ip Hau Yan
Seller's Agent
Vandervort Group
Veritas Homes
Buyer's Agent
Vicky Yu
Compass
List Price
$2,598,000
Sold Price
$2,700,000
Premium/Discount to List
$102,000
3.93%
Current Estimated Value
$3,393,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,758
Avg. Annual Appreciation
4.68%
Original Mortgage
$2,160,000
Outstanding Balance
$1,924,672
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,469,086

Purchase Details

Closed on
May 28, 2013
Sold by
Lips Robert F and Lips Natalie Y
Bought by
Lips Robert F and Lips Natalie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 12, 2011
Sold by
Nissim Michael and Nissim Tania
Bought by
Lips Robert F and Lips Natalie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1999
Sold by
Degroot Shu C
Bought by
Nissim Michael and Nissim Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.5%
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
Lin Brian $2,700,000 Fidelity National Title Co
Lips Robert F -- First American Title Company
Lips Robert F $1,270,000 First American Title Company
Nissim Michael $795,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Brian $2,160,000
Previous Owner Lips Robert F $500,000
Previous Owner Lips Robert F $1,000,000
Previous Owner Lips Robert F $948,000
Previous Owner Lips Robert F $950,000
Previous Owner Lips Robert F $200,000
Previous Owner Lips Robert F $980,000
Previous Owner Lips Robert F $1,013,000
Previous Owner Lips Robert F $1,016,000
Previous Owner Nissim Michael $455,250
Previous Owner Nissim Michael $50,000
Previous Owner Nissim Michael $398,000
Previous Owner Nissim Michael $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $2,700,000 +3.9% $1,034 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $2,598,000 -- $995 / 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 $34,123 $3,227,545 $2,056,620 $1,170,925
2023 $34,123 $2,809,080 $1,976,760 $832,320
2022 $32,013 $2,754,000 $1,938,000 $816,000
2021 $31,615 $2,700,000 $1,900,000 $800,000
2020 $18,224 $1,487,762 $743,881 $743,881
2019 $17,950 $1,458,592 $729,296 $729,296
2018 $17,485 $1,429,994 $714,997 $714,997
2017 $17,273 $1,401,956 $700,978 $700,978
2016 $16,927 $1,374,468 $687,234 $687,234
2015 $16,868 $1,353,824 $676,912 $676,912
2014 $16,428 $1,327,306 $663,653 $663,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81799022

MLSListings

APN: 049-411-050