NOT LISTED FOR SALE

Estimated Value: $3,367,000 - $4,097,000

5 Beds
3 Baths
4,340 Sq Ft
$884/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $2,250,000 $518 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $22,806/month

21 Days on Market

Highlights

  • Docks
  • Primary Bedroom Suite
  • Deck
  • Brewer Island Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of September 2013

Once in a lifetime opportunity to own the largest custom built home in Foster City. Built in 1975 & tastefully updated in 2013, this home boasts 5 bedrooms & 3 full baths on a double waterfront lot of over 17,500 Sq.ft. w/ a private dock. Executive resort style living at it's best! New roof, new kitchen cabinets with granite counter tops, new appliances & approx 1000 sq.ft. new deck. A MUST SEE!!!

Last Agent to Sell the Property

Abe Matar

Landmark Real Estate Services License #01417693 Listed on: 05/20/2013

Last Buyer's Agent

Abe Matar

Landmark Real Estate Services License #01417693 Listed on: 05/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,583

Year Built

  • Built in 1975

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 094-101-280

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,583

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Sale Price Per Sq Ft: 518.43
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4340
  • Incorporated: Yes
  • Map Book Page: 749
  • Map Side Coordinate: 3
  • Map Top Coordinate: G
  • Thomas Bros Page: 749
  • Thomas Brothers: G3
  • Year Built: 1975
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 4340
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Formal Entry
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto, Boat Dock, Deck

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 094-101-280
  • Lot Location: Waterfront
  • List Price per Sq Ft: 506.68
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17710.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 17710.00
  • Lot Size Area Min Search: 17710.00
  • Maximum Lot Size: 17710.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2016
Sold by
Zhang Larry and Bai Xiaobo
Bought by
Zhang & Bai Living Trust and Bai Xiaobo
Current Estimated Value
$3,835,271

Purchase Details

Listed on
May 20, 2013
Closed on
Sep 9, 2013
Sold by
Krause Donna L
Bought by
Zhang Larry and Bai Xiaobo
Seller's Agent
Abe Matar
Landmark Real Estate Services
Buyer's Agent
Abe Matar
Landmark Real Estate Services
List Price
$2,199,000
Sold Price
$2,250,000
Premium/Discount to List
$51,000
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,320,000
Outstanding Balance
$927,957
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,907,314

Purchase Details

Closed on
May 6, 2011
Sold by
Krause Lawrence A
Bought by
Krause Donna L

Purchase Details

Closed on
Jan 20, 2005
Sold by
Krause Donna and Krause Donna L
Bought by
Krause Lawrence and Krause Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Krause Lawrence and Krause Donna
Bought by
Krause Donna L

Purchase Details

Closed on
Dec 11, 2002
Sold by
Krause Donna L
Bought by
Krause Lawrence and Krause Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Interest Rate
8.5%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Krause Lawrence A
Bought by
Krause Donna L

Purchase Details

Closed on
Dec 6, 2000
Sold by
Krause Donna L
Bought by
Krause Lawrence and Krause Donna

Purchase Details

Closed on
Dec 29, 1999
Sold by
Krause Lawrence A
Bought by
Krause Donna L

Purchase Details

Closed on
Jan 14, 1998
Sold by
Krause Lawrence A and Krause D L
Bought by
Krause Lawrence A and Krause Donna Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
9.12%
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
Zhang & Bai Living Trust -- None Available
Zhang Larry $2,250,000 Fidelity National Title Co
Krause Donna L -- None Available
Krause Lawrence -- Chicago Title Co
Krause Donna L -- --
Krause Lawrence -- Old Republic Title Company
Krause Donna L -- --
Krause Lawrence -- Commonwealth Land Title Ins
Krause Donna L -- --
Krause Lawrence A -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Larry $1,320,000
Previous Owner Krause Lawrence $995,000
Previous Owner Krause Lawrence $895,000
Previous Owner Krause Lawrence A $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $2,250,000 +2.3% $518 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $2,199,000 -- $507 / 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 $31,583 $2,758,182 $1,569,099 $1,189,083
2023 $31,583 $2,651,080 $1,508,170 $1,142,910
2022 $30,624 $2,599,099 $1,478,599 $1,120,500
2021 $30,244 $2,548,137 $1,449,607 $1,098,530
2020 $29,410 $2,522,010 $1,434,744 $1,087,266
2019 $27,853 $2,472,560 $1,406,612 $1,065,948
2018 $27,070 $2,424,080 $1,379,032 $1,045,048
2017 $26,772 $2,376,550 $1,351,993 $1,024,557
2016 $26,439 $2,329,952 $1,325,484 $1,004,468
2015 $25,830 $2,294,954 $1,305,574 $989,380
2014 $25,176 $2,250,000 $1,280,000 $970,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81326494

MLSListings

APN: 094-101-280