$6,544,800
SOLD DEC 30, 2024

2275 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood
10 Beds
8.5 Baths
8,785 Sq Ft
2.34 Acres

Recently Sold

$745 Per Sq Ft

45% Below List Price

172 Days on Market

Highlights

  • Wine Cellar
  • Pool and Spa
  • Primary Bedroom Suite
  • North Hillsborough School Rated A
  • Solar Power Battery
  • 2.34 Acre Lot

About This Home

As of December 2024

HILLSBOROUGH'S BEST DEAL, YOU WILL NOT FIND ANYTHING BETTER IN 2024!!! PRICE REDUCED OVER $5 MILLION FROM ORIGINAL PRICE!!! ONLY $794/SQFT, IT DOES NOT GET BETTER THAN THIS!!! PRIME LOWER HILLSBOROUGH, 3 HOMES ON ONE ESTATE, SOME REMODELED INTERIORS WITH CONTEMPORARY DESIGNS, SPARKLING POOL & SPA, BACK-UP POWER FOR ENTIRE PROPERTY WITH TESLA POWERWALLS & SOLAR POWER, PLAYGROUNDS, GARDENS, MODERN KITCHENS, HIGH-END HISTORIC CHARM, MAIN HOUSE / COTTAGE / GATEHOUSE, AND SO SO MUCH MORE!!! THIS IS TRULY A ONCE-IN-A-LIFETIME OPPORTUNITY, DO NOT WAIT!!!

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 05/31/2024

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415 Listed on: 05/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,871

Year Built

  • Built in 1914

Lot Details

  • 2.34 Acre Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10025

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,785 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • 7 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub

Eco-Friendly Details

  • Solar Power Battery

Pool

  • Pool and Spa
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 027-283-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,871

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 110
  • Listing Class: Residential
  • Structure Sq Ft: 8785
  • Incorporated: Yes
  • Year Built: 1914
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Countertop - Other, Countertop - Tile, Dishwasher, Garbage Disposal, Island, Exhaust Fan, Oven Range, Refrigerator, Oven - Gas
  • Living Sq Ft: 8785
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Tub / Sink
  • Flooring: Marble, Tile, Hardwood
  • Additional Rooms: Attic, Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Mud Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 7
  • Maximum Numberof Bedrooms: 10
  • Minimum Numberof Bedrooms: 10
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Bathroom: Marble, Stall Shower, Shower and Tub, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Brick, Post and Pier, Concrete Perimeter
  • Pool Description: Pool - In Ground, Pool / Spa Combo
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Yes
  • Construction Type: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 027-283-050
  • Lot Acres: 2.3350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 101712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 101712.00

Green Features

  • Energy Features: Skylight, Solar Power Battery Backup

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
May 31, 2024
Closed on
Dec 5, 2024
Sold by
Ranch Hand Family Trust and Henrikson Kevin Michael
Bought by
Ng/Liaw Family Trust and Ng
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$12,000,000
Sold Price
$6,544,800
Premium/Discount to List
-$5,455,200
-45.46%
Views
181
Current Estimated Value
$7,086,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,758
Avg. Annual Appreciation
13.02%
Original Mortgage
$4,000,000
Outstanding Balance
$3,971,704
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$3,114,854

Purchase Details

Closed on
Sep 11, 2015
Sold by
Henrikson Kevin M and Henrikson Jenise U
Bought by
The Ranch Hand Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2015
Sold by
Friedman Robert E and Kiehl Kristina
Bought by
Henrikson Kevin M and Henrikson Jenise U
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 Type Sale Price Title Company
Grant Deed $6,545,000 Orange Coast Title
Interfamily Deed Transfer -- North American Title Company
Grant Deed $5,600,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Previous Owner $1,100,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $6,544,800 -6.2% $745 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $6,980,000 -12.6% $795 / Sq Ft
09/19/2024 09/19/24 Price Changed $7,990,000 -11.1% $910 / Sq Ft
09/05/2024 09/05/24 Price Changed $8,990,000 -10.0% $1,023 / Sq Ft
07/03/2024 07/03/24 Price Changed $9,988,000 -16.8% $1,137 / Sq Ft
05/31/2024 05/31/24 For Sale $12,000,000 -- $1,366 / 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 $80,871 $6,544,800 $5,542,000 $1,002,800
2023 $80,871 $6,580,557 $6,226,422 $354,135
2022 $76,343 $6,451,528 $6,104,336 $347,192
2021 $74,839 $6,325,029 $5,984,644 $340,385
2020 $73,580 $6,260,175 $5,923,279 $336,896
2019 $71,955 $6,137,428 $5,807,137 $330,291
2018 $69,880 $6,017,087 $5,693,272 $323,815
2017 $67,761 $5,799,106 $5,581,640 $217,466
2016 $66,100 $5,685,399 $5,472,197 $213,202
2015 $44,491 $3,708,422 $1,561,438 $2,146,984
2014 $43,359 $3,635,780 $1,530,852 $2,104,928
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2024

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    5 in this area

    391 Total Sales

    Stanley Lo
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Map

Source: MLSListings

MLS Number: ML81967868

MLSListings

APN: 027-283-050

California San Mateo County Hillsborough 94010 Burlingame Hills

2275 Summit Dr, Hillsborough, CA

This home is located at 2275 Summit Dr, Hillsborough, CA 94010 and is currently priced at $6,544,800, approximately $744 per square foot. This property was built in 1914. 2275 Summit Dr is a home located in San Mateo County with nearby schools including North Hillsborough School, Crocker Middle School, and Burlingame High School.

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