NOT LISTED FOR SALE

2445 Summit Dr Hillsborough, CA 94010

Easton Addition Neighborhood

Estimated Value: $5,026,000 - $6,224,000

5 Beds
5.5 Baths
4,405 Sq Ft
$1,305/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $3,825,000 $868 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $34,375/month

5 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • 0.41 Acre Lot
  • North Hillsborough School Rated A
  • Primary Bedroom Suite
  • Craftsman Architecture

About This Home

As of August 2019

Nestled in northern Hillsborough, this 3 story home of approximately 4403 square feet displays 4 luxurious bedrooms and 4.5 baths, featuring a sprawling open kitchen/family room living space that makes it the heart of family gatherings. The recently renovated gourmet kitchen is fully equipped with high-end appliances accompanied by a generously-sized island made for casual dining. With high-pitched ceilings and exposed beams, the property presents a grand and spacious environment. The home design utilizes marvelous rustic reclaimed wood for accents throughout and includes a separate in-law suite constructed with a modern full bath and access to the backyard. The low maintenance, eco-friendly backyard highlights a basketball hoop, outdoor deck and plenty of space for entertaining guests. Just a short drive to Downtown Burlingame and minutes to the San Francisco Airport, this property is the perfect Bay Area Home.

Last Agent to Sell the Property

Phil Chen

Compass License #01715177 Listed on: 08/01/2019

Compass

Last Buyer's Agent

Phil Chen

Compass License #01715177 Listed on: 08/01/2019

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.41 Acre Lot
  • Wood Fence
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R10025

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • On-Street Parking

Property Views

  • Bay
  • Skyline

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,405 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Family or Dining Combination
  • Den
  • Storage Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-312-080

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Craftsman
  • Listing Class: Residential
  • Structure Sq Ft: 4405
  • Year Built: 1956
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Double, Oven Range - Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 4405
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Storage, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Primary - Tub with Jets, Showers over Tubs - 2+, Skylight, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 615

Lot Info

  • Parcel Number: 027-312-080
  • Lot Acres: 0.4104
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17879.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17879.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: North Hillsborough
  • High School Text: Burlingame High
  • Middle School Text: Crocker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 3, 2019
Sold by
Nasser Kamran and Yazdanian Marjan
Bought by
Nasser Kamran and Yazdanian Marjan
Seller's Agent
Phil Chen
Compass
Buyer's Agent
Phil Chen
Compass
List Price
$3,800,000
Sold Price
$3,825,000
Premium/Discount to List
$25,000
0.66%
Current Estimated Value
$5,750,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,925,591
Avg. Annual Appreciation
6.59%
Original Mortgage
$2,677,500
Outstanding Balance
$2,526,082
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,224,509

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 27, 2019
Sold by
Goeltz Robert C and Goeltz Megan M
Bought by
Nasser Kamran and Yazdanian Marjan
Seller's Agent
Phil Chen
Compass
Buyer's Agent
Phil Chen
Compass
List Price
$3,800,000
Sold Price
$3,825,000
Premium/Discount to List
$25,000
0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,677,500
Outstanding Balance
$2,526,082
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,224,509

Purchase Details

Listed on
Aug 24, 2015
Closed on
Sep 22, 2015
Sold by
Wong Tuck M and Wong Krizia
Bought by
Goeltz Robert C and Goeltz Megan M
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Phil Chen
KW Advisors
List Price
$3,128,000
Sold Price
$2,800,000
Premium/Discount to List
-$328,000
-10.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$2,100,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2004
Sold by
Wong Tuck M and Wong Krizia
Bought by
Wong Tuck M and Wong Krizia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 29, 2004
Sold by
Wong Tuck M and Wong Krizia
Bought by
Tuck M & Krizia Wong Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 24, 2003
Sold by
Duda Kenneth James and Duda Jennifer Lee Hwang
Bought by
Wong Tuck M and Wong Krizia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Falk David L and Falk Tamey T
Bought by
Duda Kenneth James and Duda Jennifer Lee Hwang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
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
Nasser Kamran -- None Available
Nasser Kamran $3,825,000 Fidelity National Title Co
Goeltz Robert C $2,800,000 North American Title Co Inc
Wong Tuck M -- First American Title Co
Tuck M & Krizia Wong Revocable Trust -- --
Wong Tuck M $1,750,000 First American Title Co
Duda Kenneth James $1,475,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasser Kamran $2,677,500
Previous Owner Goeltz Robert C $2,100,000
Previous Owner Wong Tuck M $1,500,000
Previous Owner Wong Tuck M $1,400,000
Previous Owner Duda Kenneth James $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2019 08/28/19 Sold $3,825,000 +0.7% $868 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $3,800,000 +35.7% $863 / Sq Ft
09/28/2015 09/28/15 Sold $2,800,000 -10.5% $603 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $3,128,000 -- $674 / 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 $51,665 $4,183,191 $2,843,478 $1,339,713
2023 $51,665 $4,020,755 $2,733,063 $1,287,692
2022 $48,755 $3,941,918 $2,679,474 $1,262,444
2021 $47,746 $3,864,627 $2,626,936 $1,237,691
2020 $46,912 $3,825,000 $2,600,000 $1,225,000
2019 $37,386 $2,971,381 $2,287,964 $683,417
2018 $36,269 $2,913,119 $2,243,102 $670,017
2017 $35,628 $2,856,000 $2,199,120 $656,880
2016 $34,674 $2,800,000 $2,156,000 $644,000
2015 $26,581 $2,070,255 $1,951,959 $118,296
2014 $25,872 $2,029,702 $1,913,723 $115,979
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Phil Chen

    Compass

    Section Image
  • Stanley Lo

    Seller's Agent in 2015

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    7 in this area

    386 Total Sales

    Stanley Lo
    Section Image

  • M

    Buyer Co-Listing Agent in 2015

    Maryann Garay-Gutierrez

    JDR Real Estate Co.

See All Agents

Map

Source: MLSListings

MLS Number: ML81762937

MLSListings

APN: 027-312-080

California San Mateo County Hillsborough 94010 Easton Addition

2445 Summit Dr, Hillsborough, CA

Not Listed for Sale

Detached

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