2055 Forest View Ave Hillsborough, CA 94010
4
Beds
4.5
Baths
2,840
Sq Ft
1.21
Acres
Highlights
- 1.21 Acre Lot
- Formal Dining Room
- Separate Family Room
- North Hillsborough School Rated A
- Open to Family Room
About This Home
As of September 2024PRIME LOWER HILLSBOROUGH ESTATE WITH 1.2-ACRES OF MOSTLY USABLE LAND. This is THE BEST DEAL you will find in Lower Hillsborough right now! This RARE property presents a unique opportunity for development, to make it your own. This location is surrounded by scores of other multi-million-dollar mansions just down the street; this home is nestled in one of Hillsborough's most prestigious neighborhoods. You can move into the existing home, and while you live there you can design and expand to create your dream space! ENDLESS POTENTIAL. Don't settle for less than the best, and don't think of any other property until you've seen this one! Plans and surveys are available.
Last Agent to Sell the Property
Green Banker Realty License #00874415 Listed on: 07/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,695
Year Built
- Built in 1894
Lot Details
- 1.21 Acre Lot
- Zoning described as R10025
Parking
- 2 Car Garage
Interior Spaces
- 2,840 Sq Ft Home
- 2-Story Property
- Separate Family Room
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Open to Family Room
- Breakfast Bar
Bedrooms and Bathrooms
- 4 Bedrooms
Listing and Financial Details
- Assessor Parcel Number 028-072-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Aug 27, 2024
Sold by
Lay Derrick
Bought by
Benjamin H Woo And Amanda T Woo Family Living and Woo
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$5,200,000
Sold Price
$5,500,000
Premium/Discount to List
$300,000
5.77%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,710
Avg. Annual Appreciation
1.57%
Original Mortgage
$4,125,000
Outstanding Balance
$4,074,646
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,510,064
Purchase Details
Closed on
Sep 21, 2010
Sold by
Baker Deborah and Stanyan Mary D
Bought by
Lay Derrick
Purchase Details
Closed on
Sep 20, 2010
Sold by
Wang Yayun
Bought by
Lay Derrick
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,500,000 | Orange Coast Title | |
| Grant Deed | $2,550,000 | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,125,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $5,500,000 | +5.8% | $1,937 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $5,200,000 | -- | $1,831 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $41,695 | $5,500,000 | $3,300,000 | $2,200,000 |
| 2023 | $41,695 | $3,140,134 | $2,832,282 | $307,852 |
| 2022 | $39,341 | $3,078,564 | $2,776,748 | $301,816 |
| 2021 | $38,502 | $3,018,201 | $2,722,302 | $295,899 |
| 2020 | $37,815 | $2,987,254 | $2,694,389 | $292,865 |
| 2019 | $36,919 | $2,928,681 | $2,641,558 | $287,123 |
| 2018 | $35,815 | $2,871,257 | $2,589,763 | $281,494 |
| 2017 | $35,179 | $2,814,959 | $2,538,984 | $275,975 |
| 2016 | $34,235 | $2,759,764 | $2,489,200 | $270,564 |
| 2015 | $33,697 | $2,718,310 | $2,451,810 | $266,500 |
| 2014 | $32,820 | $2,665,063 | $2,403,783 | $261,280 |
Source: Public Records
Agents Affiliated with this Home
-
Stanley Lo
Seller's Agent in 2024
Stanley Lo
Green Banker Realty
(650) 222-1045
48 in this area
392 Total Sales
Map
Source: MLSListings
MLS Number: ML81973388
APN: 028-072-020
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