NOT LISTED FOR SALE

20 Tea Tree Ct Hillsborough, CA 94010

Skyfarm Neighborhood

Estimated Value: $4,921,958 - $5,380,000

5 Beds
3.5 Baths
3,380 Sq Ft
$1,538/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $4,450,000 $1,317 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $31,831/month

14 Days on Market

Highlights

  • Jetted Soaking Tub in Primary Bathroom
  • 2 Fireplaces
  • Enclosed Parking
  • West Hillsborough Rated A+
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of March 2023

This beautiful home in the Skyfarm neighborhood of Hillsborough features an over 25k sq ft lot w/a lush garden perfect for enjoying the sun. Inside, you'll find a tastefully updated interior where you and your loved ones will live in the lap of luxury. Entertaining is a pleasure in the great room which offers an open floor plan and includes a family room/kitchen w/high end appliances such as a Sub-Zero refrigerator and Bertazzoni range. Wakeup to the vast primary suite on the garden level which has beautiful greenery everywhere you look. The formal dining room also flows nicely to the living room with the open concept this home provides. The upstairs contains 4 bedrooms & 2 full baths, one of them being another primary suite w/a balcony overlooking the front of the home. Let your troubles melt away with the serene views of the bay and San Mateo Bridge which you can see from two of the bedrooms in the upper floor. Start your new life in this beautiful home today!

Last Agent to Sell the Property

Daniel Cheng

eXp Realty of California Inc License #70010235 Listed on: 01/31/2023

eXp Realty of California Inc

Last Buyer's Agent

Steven Tam

eXp Realty of Northern CA Inc. License #02031695

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.58 Acre Lot
  • Zoning described as R10025

Parking

  • 3 Car Attached Garage
  • Enclosed Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,380 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Circular Fireplace
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Alarm System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028-373-060

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3380
  • Year Built: 1974
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3380
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-hour), Security Alarm
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Stall Shower, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 028-373-060
  • Lot Acres: 0.5808
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25302.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 23, 2023
Sold by
Cheng Daniel K and Cheng Annie S
Bought by
Wu Zuo Family Trust
Seller's Agent
Daniel Cheng
eXp Realty of California Inc
Buyer's Agent
Steven Tam
eXp Realty of Northern CA Inc.
List Price
$3,900,000
Sold Price
$4,450,000
Premium/Discount to List
$550,000
14.1%
Views
220
Current Estimated Value
$5,236,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,418
Avg. Annual Appreciation
5.58%
Original Mortgage
$750,000
Outstanding Balance
$719,989
Interest Rate
4.95%
Mortgage Type
New Conventional
Estimated Equity
$4,477,751

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 22, 2019
Sold by
Chao Derrick
Bought by
Cheng Daniel K and Cheng Annie S
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$3,680,000
Sold Price
$3,350,000
Premium/Discount to List
-$330,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,515,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 6, 2015
Closed on
Sep 4, 2015
Sold by
Shih Elizabeth
Bought by
Chao Derrick
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$2,680,000
Sold Price
$2,500,000
Premium/Discount to List
-$180,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,500,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Zuo Family Trust $4,450,000 Doma Title
Cheng Daniel K $3,350,000 Orange Coast Ttl Co Of Nocal
Chao Derrick $2,500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zuo Family Trust $750,000
Previous Owner Cheng Daniel K $1,515,000
Previous Owner Chao Derrick $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2023 03/13/23 Sold $4,450,000 +14.1% $1,317 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $3,900,000 +16.4% $1,154 / Sq Ft
11/26/2019 11/26/19 Sold $3,350,000 -9.0% $991 / Sq Ft View Prior Sale
11/11/2019 11/11/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $3,680,000 +47.2% $1,089 / Sq Ft
09/10/2015 09/10/15 Sold $2,500,000 -6.7% $740 / Sq Ft View Prior Sale
07/23/2015 07/23/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $2,680,000 -- $793 / 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 $56,641 $4,629,780 $3,443,724 $1,186,056
2023 $56,641 $3,521,447 $2,627,946 $893,501
2022 $43,374 $3,452,400 $2,576,418 $875,982
2021 $42,461 $3,384,706 $2,525,900 $858,806
2020 $41,710 $3,350,000 $2,500,000 $850,000
2019 $33,902 $2,653,018 $2,416,369 $236,649
2018 $32,882 $2,600,999 $2,368,990 $232,009
2017 $32,279 $2,550,000 $2,322,540 $227,460
2016 $31,399 $2,500,000 $2,277,000 $223,000
2015 $8,986 $467,830 $74,955 $392,875
2014 $8,083 $458,667 $73,487 $385,180
Source: Public Records

Agents Affiliated with this Home

  • Daniel Cheng

    Seller's Agent in 2023

    Daniel Cheng

    eXp Realty of California Inc

    (650) 627-3700

    1 in this area

    74 Total Sales

    Daniel Cheng
    Section Image

  • S

    Buyer's Agent in 2023

    Steven Tam

    eXp Realty of Northern CA Inc.

  • Stanley Lo

    Seller's Agent in 2019

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    11 in this area

    385 Total Sales

    Stanley Lo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81917573

MLSListings

APN: 028-373-060

California San Mateo County Hillsborough 94010 Skyfarm

20 Tea Tree Ct, Hillsborough, CA

Not Listed for Sale

Detached

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