NOT LISTED FOR SALE

Estimated Value: $7,699,000 - $10,888,229

7 Beds
9 Baths
7,023 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $9,000,000 $1,282 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $58,778/month

68 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Las Lomitas Elementary School Rated A+
  • Private Pool
  • Golf Course View

About This Home

As of November 2021

This stunning new home is the best of luxury-living in sought-after Sharon Heights. With an elevated private setting that looks serenely out over Sharon Heights Golf Course, and spans near half an acre to include a sparkling pool and spa, an eco-friendly synthetic lawn and a rooftop deck to savor the views. Inside, the three-level, elevator-connected floor plan includes 6 bedrooms, an office and 2 half-baths - all 6 bedrooms with en suite baths. White oak floors span the top two floors while practical wood-like tile in a designer pattern finishes the lower level ready for entertaining with its full bar, customized wine cellar, and home theatre. At the heart of the main floor is a wonderful chefs kitchen and family room plus formal living and dining rooms. A separate pool house adds to the living space for outdoor entertaining, ideal guest quarters, or optional office. Near to acclaimed Las Lomitas schools and Stanford U, and five-star dining in Flea Street and Rosewood Sand Hill

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 08/26/2021

Keller Williams Palo Alto

Last Buyer's Agent

Judy Bogard-Tanigami

Compass License #00298975

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,761

Year Built

  • 2021

Lot Details

  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Golf Course
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,023 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Bonus Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,761

Year Built

2021

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 7023
  • Construction: Completed
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Dining Area, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Island With Sink, Microwave, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 7023
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, In Utility Room, Inside, Tub / Sink
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Half On Ground Floor, Shower Over Tub - 1, Stall Shower, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition, Shingle
  • View: Golf Course, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back
  • Pool: Pool - In Ground, Spa - In Ground

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Video / Audio System, Walk-In Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17662.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17662.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 11, 2021
Sold by
Shaec Co Llc
Bought by
Lee Brian D and Song Yehbin J
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Judy Bogard-Tanigami
Compass
List Price
$9,998,000
Sold Price
$9,000,000
Premium/Discount to List
-$998,000
-9.98%
Current Estimated Value
$9,441,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,807
Avg. Annual Appreciation
1.28%
Original Mortgage
$1,000,000
Outstanding Balance
$896,989
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$8,544,818

Purchase Details

Closed on
May 28, 2021
Sold by
Wu Yi Ran and Yip Cynthia
Bought by
Shaec Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
3%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 5, 2021
Sold by
Yip Wai
Bought by
Yip Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
3%
Mortgage Type
Assumption

Purchase Details

Closed on
Sep 20, 2018
Sold by
Wu Yi Ran and Yip Cynthia
Bought by
Shaec Llc

Purchase Details

Closed on
Nov 15, 2017
Sold by
Yip Wai
Bought by
Yip Cynthia

Purchase Details

Closed on
Nov 13, 2017
Sold by
Schultz David Cramer and Schultz Elise
Bought by
Wu Yi Ran and Yip Cynthia

Purchase Details

Closed on
Jul 31, 2014
Sold by
Bradley Robert D and Bradley Jocelyn I
Bought by
David & Susan Schultz Under Trust and Schultz Susan Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,204
Interest Rate
4.13%
Mortgage Type
Seller Take Back
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
Lee Brian D $9,000,000 Chicago Title Company
Shaec Co Llc -- None Available
Yip Cynthia -- Chicago Title Company
Wu Yi Ran -- Chicago Title Company
Wu Yi Ran -- Chicago Title Company
Shaec Llc -- None Available
Yip Cynthia -- Lawyers Title Company
Wu Yi Ran -- Lawyers Title Company
Wu Yi Ran $3,550,000 Lawyers Title Company
David & Susan Schultz Under Trust $1,198,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brian D $1,000,000
Open Lee Brian D $3,500,000
Previous Owner Shaec Co Llc $3,750,000
Previous Owner Wu Yi Ran $3,750,000
Previous Owner Schultz David Cramer $1,135,000
Previous Owner David & Susan Schultz Under Trust $692,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $9,000,000 -10.0% $1,282 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $9,998,000 -- $1,424 / 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 $92,761 $8,220,000 $4,110,000 $4,110,000
2023 $92,761 $8,220,000 $4,110,000 $4,110,000
2022 $100,746 $9,000,000 $4,500,000 $4,500,000
2021 $80,512 $7,125,535 $3,153,535 $3,972,000
2020 $57,690 $5,107,200 $3,121,200 $1,986,000
2019 $40,185 $3,342,000 $3,060,000 $282,000
2018 $41,350 $3,550,000 $3,000,000 $550,000
2017 $30,052 $2,588,887 $2,361,065 $227,822
2016 $29,846 $2,538,125 $2,314,770 $223,355
2015 $29,293 $2,500,000 $2,280,000 $220,000
2014 $3,560 $205,172 $65,984 $139,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81860095

MLSListings

APN: 074-260-500