NOT LISTED FOR SALE

Estimated Value: $3,739,000 - $4,178,000

5 Beds
3.5 Baths
3,401 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $3,675,000 $1,081 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $24,135/month

47 Days on Market

Highlights

  • Spa
  • Bay View
  • Skylights
  • Sequoia High School Rated A
  • Vaulted Ceiling
  • 3 Car Attached Garage

About This Home

As of November 2023

Originally built in 1982 & thoughtfully enhanced over the years, this modern & eclectic Palomar Park home offers incredible custom details & breathtaking views; a true entertainer's dream. Custom kitchen with Thermador gas range overlooking the dining room. A large living room with vaulted ceilings, grand fireplace & expansive telescoping doors that open up to the vast decks for the ultimate in indoor-outdoor enjoyment. Soak in the views & soak in the private hot tub off the spacious primary suite, which also boasts a luxurious steam shower & walk-in closet. Tranquil outdoor space with a large, grassy backyard & fenced garden with flower beds. The home also offers an attached 1-bedroom in-law unit with a private entrance & a separate multi-purpose room. This high tech home has owned solar panels, NEST & AC. 3-car garage. All the benefits of a tranquil canyon setting while also conveniently located within minutes from 280, downtown San Carlos & Redwood City, & Clifford Elementary.

Last Agent to Sell the Property

Bob Johnston

Coldwell Banker Realty License #01228365 Listed on: 09/14/2023

Coldwell Banker Realty

Co-Listed By

Francesca Lampert

Coldwell Banker Realty License #02039065

Last Buyer's Agent

Michael Lee

Compass License #01965026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,674

Year Built

  • Built in 1982

Lot Details

  • 0.29 Acre Lot
  • Zoning described as R10025

Parking

  • 3 Car Attached Garage

Property Views

  • Bay
  • Bridge
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,401 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Additional Features

  • Solar owned by seller
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 051-053-250

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,674

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3401
  • Year Built: 1982
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 3401
  • Laundry: Inside
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Spa / Hot Tub
  • Roof: Composition, Tar and Gravel
  • View: Bay, Bridge, City Lights, Hills, Mountains, Neighborhood

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Existing Septic

Association/Amenities

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

Lot Info

  • Parcel Number: 051-053-250
  • Lot Acres: 0.2870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12500.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: Sequoia Union High

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 15, 2023
Sold by
Solomongray Trust
Bought by
Lam James Mun Fay
Seller's Agent
Bob Johnston
Coldwell Banker Realty
Buyer's Agent
Michael Lee
Compass
List Price
$3,850,000
Sold Price
$3,675,000
Premium/Discount to List
-$175,000
-4.55%
Views
75
Current Estimated Value
$3,943,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,867
Avg. Annual Appreciation
3.67%
Original Mortgage
$2,756,250
Outstanding Balance
$2,708,076
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$1,235,791

Purchase Details

Closed on
Nov 13, 2020
Sold by
Gray Ilan N and Gray Gilad Asher
Bought by
Gray Moshe and Soloman Esther

Purchase Details

Closed on
Sep 30, 2020
Sold by
Solomon Esther and Gray Moshe
Bought by
Solomongray Trust and Gay

Purchase Details

Closed on
Sep 6, 2019
Sold by
Solomon Esther and Gray Moshe
Bought by
Solomon Esther and Gray Moshe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2016
Sold by
Gray Mosha and Solomon Esther
Bought by
Solomon Esther and Gray Moshe

Purchase Details

Closed on
Sep 10, 2012
Sold by
Wattenmaker Pamela L
Bought by
Gray Moshe and Solomon Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2011
Sold by
Wattenmaker Pamela
Bought by
Wattenmaker Pamela

Purchase Details

Closed on
Jan 2, 2003
Sold by
Wattenmaker Jeffrey A and Wattenmaker Pamela D
Bought by
Wattenmaker Jeff and Wattenmaker Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 19, 2002
Sold by
Wattenmaker Jeff and Wattenmaker Pamela
Bought by
Wattenmaker Jeffery A and Wattenmaker Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 10, 1999
Sold by
Wattenmaker Jeffrey A and Wattenmaker P L
Bought by
Wattenmaker Jeff and Wattenmaker Pamela

Purchase Details

Closed on
May 31, 1994
Sold by
Coleman Anthony G and Coleman Jennifer F
Bought by
Baldwin Warren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
3.62%

Purchase Details

Closed on
May 25, 1994
Sold by
Baldwin Warren B
Bought by
Wattenmaker Jeffrey A and Wattenmaker Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
3.62%
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
Lam James Mun Fay $3,675,000 Old Republic Title
Gray Moshe -- None Available
Solomongray Trust -- Gray Moshe
Solomon Esther -- Chicago Title Company
Solomon Esther $253,181 Placer Title Company
Gray Moshe $1,250,000 Fidelity National Title Co
Wattenmaker Pamela -- None Available
Wattenmaker Jeff -- --
Wattenmaker Jeffery A -- Chicago Title Insurance Comp
Wattenmaker Jeff -- --
Baldwin Warren B -- First American Title Ins Co
Wattenmaker Jeffrey A $545,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam James Mun Fay $2,756,250
Previous Owner Solomon Esther $1,070,000
Previous Owner Gray Moshe $500,000
Previous Owner Wattenmaker Jeffery A $300,700
Previous Owner Wattenmaker Jeffrey A $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $3,675,000 -4.5% $1,081 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $3,850,000 -- $1,132 / 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 $40,674 $3,748,500 $2,422,500 $1,326,000
2023 $40,674 $1,008,913 $537,680 $471,233
2022 $10,698 $989,132 $527,138 $461,994
2021 $10,593 $969,738 $516,802 $452,936
2020 $13,345 $1,219,844 $762,376 $457,468
2019 $10,410 $940,976 $501,474 $439,502
2018 $10,137 $922,527 $491,642 $430,885
2017 $10,026 $904,439 $482,002 $422,437
2016 $9,858 $886,705 $472,551 $414,154
2015 $9,489 $873,387 $465,453 $407,934
2014 $9,306 $856,280 $456,336 $399,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941925

MLSListings

APN: 051-053-250