NOT LISTED FOR SALE

2745 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $2,282,000 - $3,097,000

3 Beds
2 Baths
1,820 Sq Ft
$1,509/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $1,410,000 $775 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $15,998/month

53 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring
  • Hoover Elementary School Rated A
  • Deck
  • Breakfast Area or Nook

About This Home

As of June 2013

First time on the market in over 7yrs. Outstanding opportunity located in Burlingame Hills with land to roam with a lot size over 10,000sqft. This classic ranch has 3BD/2BA plus a family rm,very nice updated kitchen. Perfect for entertaining, quaint patio off the family rm. What's impressive is not only the canyon view, but one can also see the BOfA building in San Francisco from the living room.

Last Agent to Sell the Property

Lou Realyvasquez

Compass License #00771468 Listed on: 03/14/2013

Compass

Last Buyer's Agent

Lou Realyvasquez

Compass License #00771468 Listed on: 03/14/2013

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R100

Parking

  • 2 Car Garage
  • Off-Street Parking

Property Views

  • City Lights
  • Canyon

Home Design

  • Mudsill Foundation
  • Masonry Perimeter Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security System Owned
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 027-224-200

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 774.73
  • Listing Class: Residential
  • Structure Sq Ft: 1820
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 7
  • Map Top Coordinate: C
  • Thomas Bros Page: 728
  • Thomas Brothers: C7
  • Year Built: 1953
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Hookups - Gas
  • Living Sq Ft: 1820
  • Stories: 1
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Masonry Perimeter, Mudsill, Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Canyon, City Lights
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Deck, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Wet Bar

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Parcel Number: 027-224-200
  • List Price per Sq Ft: 766.48
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10695.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10695.00
  • Lot Size Area Min Search: 10695.00
  • Maximum Lot Size: 10695.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 31, 2013
Sold by
Frank Garrett and Frank Virginia Rush
Bought by
Yadav Namit and Kumar Bhavana
Seller's Agent
Lou Realyvasquez
Compass
Buyer's Agent
Lou Realyvasquez
Compass
List Price
$1,475,000
Sold Price
$1,410,000
Premium/Discount to List
-$65,000
-4.41%
Current Estimated Value
$2,746,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,671
Avg. Annual Appreciation
5.44%
Original Mortgage
$1,128,000
Outstanding Balance
$798,090
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,948,581

Purchase Details

Closed on
Dec 31, 2009
Sold by
Frank Garrett and Frank Virginia Rush
Bought by
Frank Garrett and Frank Virginia Rush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Mcgeever Michael and Slack Darrel
Bought by
Frank Garrett Rush and Frank Virginia Rush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1999
Sold by
Nikta Llc
Bought by
Mcgeever Michael and Slack Darrel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,600
Interest Rate
7%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Shnider Jack C & Leah R W Living Trust and Carl Jack
Bought by
Nikta Llc
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
Yadav Namit $1,410,000 Fidelity National Title Co
Frank Garrett -- Chicago Title Company
Frank Garrett Rush $1,344,500 Chicago Title Company
Mcgeever Michael $751,000 Chicago Title Co
Nikta Llc $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadav Namit $1,128,000
Previous Owner Frank Garrett $925,000
Previous Owner Frank Garrett Rush $925,000
Previous Owner Mcgeever Michael $600,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2013 06/06/13 Sold $1,410,000 +1.1% $775 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/04/2013 05/04/13 Price Changed $1,395,000 -2.1% $766 / Sq Ft
04/12/2013 04/12/13 Price Changed $1,425,000 -3.4% $783 / Sq Ft
03/14/2013 03/14/13 For Sale $1,475,000 -- $810 / 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 $19,629 $1,736,298 $868,149 $868,149
2023 $19,629 $1,668,878 $834,439 $834,439
2022 $18,931 $1,636,156 $818,078 $818,078
2021 $18,955 $1,604,076 $802,038 $802,038
2020 $18,560 $1,587,630 $793,815 $793,815
2019 $18,152 $1,556,500 $778,250 $778,250
2018 $17,807 $1,525,982 $762,991 $762,991
2017 $17,676 $1,496,062 $748,031 $748,031
2016 $17,029 $1,466,728 $733,364 $733,364
2015 $16,953 $1,444,698 $722,349 $722,349
2014 $16,706 $1,416,400 $708,200 $708,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lou Realyvasquez

    Compass

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Map

Source: MLSListings

MLS Number: ML81308043

MLSListings

APN: 027-224-200

California San Mateo County Hillsborough 94010 Burlingame Hills

2745 Summit Dr, Hillsborough, CA

Not Listed for Sale

Detached

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