NOT LISTED FOR SALE

16379 Skyline Blvd Redwood City, CA 94062

Estimated Value: $2,785,000 - $8,983,513

5 Beds
8 Baths
10,650 Sq Ft
$533/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $7,300,000 $685 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $36,297/month

304 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • Deck
  • Ormondale Elementary School Rated A+
  • 11 Acre Lot
  • Contemporary Architecture

About This Home

As of August 2022

Extraordinary, contemporary home privately tucked away on a magnificent compound of almost 11 acres with unbelievable Bay views. The home's design boasts soaring ceilings, walls of glass and myriad decks which create an indoor-outdoor living environment. The floorplan supports casual everyday living and recreation, but with multiple office spaces, it allows for a perfect life-work balance. Large, primary bedroom with sitting area and attached office/nursery. Gourmet chef and caterer's kitchen. The home is rich in detail, but its natural environment is the soul of the property. Resort like landscaping and outdoor entertainment spots. There are an abundance of amenities: guest house, gym, infinity pool, fire pit, retractable awning, spa, vineyard spot, orchard, two level lawns, 6 car garage with workshop, generator, two wells for irrigation, access to Wunderlich Park. After a long day out, you'll breathe a sigh of relief when you return home to your private retreat. 16379skylineblvd.com

Last Agent to Sell the Property

Shaler Barnes

Golden Gate Sotheby's International Realty License #01446634 Listed on: 09/15/2021

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,241

Year Built

  • 1995

Lot Details

  • 11 Acre Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Sprinklers on Timer

Parking

  • 4 Car Detached Garage
  • Electric Vehicle Home Charger
  • Workshop in Garage
  • Tandem Parking
  • Electric Gate
  • Uncovered Parking

Property Views

  • Bay
  • Forest

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,650 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Workshop
  • Utility Room
  • Finished Basement

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit
  • Shed
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Heating System Uses Propane
  • 220 Volts
  • Power Generator
  • Propane
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,241

Year Built

1995

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 10650
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Gas, Island With Sink, Microwave, Oven - Built-In, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 10650
  • Stories: 3
  • Laundry: Electricity Hookup (220V), Inside, Tub / Sink
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Library, Recreation Room, Storage, Utility Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Raised
  • Roof: Metal
  • View: Bay, Forest / Woods
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Fenced, Fire Pit, Sprinklers - Auto, Storage Shed / Structure
  • Horse Property: Possible
  • Fencing: Fenced Back, Fenced Front, Gate
  • Pool: Cabana / Dressing Room, Pool - Cover, Spa - Above Ground
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Covered Parking, Detached Garage, Drive Through, Electric Car Hookup, Electric Gate, Room For Oversized Vehicle, Tandem Parking, Uncovered Parking, Workshop In Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Baseboard, Electric, Forced Air, Gas, Heating - 2+ Zones, Propane, Radiant
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Walk-In Closet, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Ormondale Elementary
  • Middle School: Corte Madera Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 664
  • Middle School: 623

Lot Info

  • Lot Description: Views
  • Lot Acres: 11.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 479160.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 479160.00

Multi Family

  • Utilities: Diesel, Generator, Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Aug 21, 2022
Sold by
Palazzolo Family Trust
Bought by
Njemanze Hugh
Seller's Agent
Shaler Barnes
Golden Gate Sotheby's International Realty
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$9,495,000
Sold Price
$7,300,000
Premium/Discount to List
-$2,195,000
-23.12%
Current Estimated Value
$5,679,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,620,872
Avg. Annual Appreciation
-10.90%
Original Mortgage
$5,000,000
Outstanding Balance
$4,721,927
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$453,301

Purchase Details

Listed on
Sep 15, 2021
Closed on
Aug 18, 2022
Sold by
Njemanze Cheri Marie
Bought by
Njemanze Hugh
Seller's Agent
Shaler Barnes
Golden Gate Sotheby's International Realty
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$9,495,000
Sold Price
$7,300,000
Premium/Discount to List
-$2,195,000
-23.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,721,927
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$453,301

Purchase Details

Listed on
May 18, 2012
Closed on
Jan 15, 2013
Sold by
Rappaport Andrew S and Rappaport Deborah C
Bought by
Palazzolo James A and Palazzolo Lori L
Seller's Agent
Sarah Rivers
Coldwell Banker Realty
Buyer's Agent
Barbara Stogner
Golden Gate Sotheby's International Realty
List Price
$6,500,000
Sold Price
$5,100,000
Premium/Discount to List
-$1,400,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,100,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2012
Closed on
Jan 14, 2013
Sold by
Palazzolo James A and Palazzolo Lori L
Bought by
Palazzolo James A and Palazzolo Lori L
Seller's Agent
Sarah Rivers
Coldwell Banker Realty
Buyer's Agent
Barbara Stogner
Golden Gate Sotheby's International Realty
List Price
$6,500,000
Sold Price
$5,100,000
Premium/Discount to List
-$1,400,000
-21.54%

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
3.12%
Mortgage Type
New Conventional
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
Njemanze Hugh $7,300,000 Chicago Title
Njemanze Hugh -- Chicago Title
Palazzolo James A $5,100,000 Fidelity National Title Co
Palazzolo James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Njemanze Hugh $5,000,000
Closed Njemanze Hugh $5,000,000
Previous Owner Palazzolo Lori L $500,000
Previous Owner Palazzolo James A $1,100,000
Previous Owner Rappaport Andrew S $5,000,000
Previous Owner Rappaport Andrew S $1,500,000
Previous Owner Rappaport Andrew S $250,000
Previous Owner Rappaport Andrew S $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $7,300,000 -7.5% $685 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
10/31/2021 10/31/21 Price Changed $7,895,000 -16.9% $741 / Sq Ft
09/15/2021 09/15/21 For Sale $9,495,000 +86.2% $892 / Sq Ft
01/18/2013 01/18/13 Sold $5,100,000 -10.5% $479 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
08/14/2012 08/14/12 Price Changed $5,700,000 -12.3% $535 / Sq Ft
05/18/2012 05/18/12 For Sale $6,500,000 -- $610 / 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 $64,241 $5,934,441 $2,688,393 $3,246,048
2023 $64,241 $5,704,000 $2,584,000 $3,120,000
2022 $49,208 $4,461,781 $1,444,737 $3,017,044
2021 $48,563 $4,374,296 $1,416,409 $2,957,887
2020 $48,375 $4,329,444 $1,401,886 $2,927,558
2019 $47,859 $4,244,554 $1,374,399 $2,870,155
2018 $45,493 $4,161,328 $1,347,450 $2,813,878
2017 $44,959 $4,079,734 $1,321,030 $2,758,704
2016 $44,174 $3,999,740 $1,295,128 $2,704,612
2015 $43,874 $3,939,661 $1,275,674 $2,663,987
2014 $42,806 $3,862,490 $1,250,686 $2,611,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862806

MLSListings

APN: 072-332-370