NOT LISTED FOR SALE

2760 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $2,756,000 - $3,118,965

3 Beds
2 Baths
2,020 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $2,815,000 $1,394 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,195/month

16 Days on Market

Highlights

  • Forced Air Heating System
  • Dining Area
  • 1-Story Property
  • Hoover Elementary School Rated A

About This Home

As of July 2024

Welcome 2760 Summit Drive Burlingame - A stones throw away from Hillsborough. Perfect for those who would like to update or refresh this Mid Century Home. The Owner has approved architecture plans to build a modern contemporary two story single family home over 5000 square feet with a 3 car garage approximately 798 square ft. The lot sits on nearly half an acre. Amazing mountain views, with lots of privacy, definitely one of the few opportunities in the peninsula to build a home of this size. *Note the 3D rendering is only for illustration purposes.

Last Agent to Sell the Property

Mitch Wong

Compass License #01375495 Listed on: 05/13/2024

Compass

Last Buyer's Agent

Lila Kazemi

Compass License #01268305

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,130

Year Built

  • Built in 1955

Lot Details

  • 0.47 Acre Lot
  • Zoning described as R10000

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Wood Shingle Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-251-190

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,130

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 2020
  • Year Built: 1955
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2020
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 027-251-190
  • Lot Acres: 0.4706
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20500.00

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
May 13, 2024
Closed on
Jul 19, 2024
Sold by
Edward Shen Family Trust and Shen Edward
Bought by
Moein Anita and Shalmani Armin Masroor
Seller's Agent
Mitch Wong
Compass
Buyer's Agent
Lila Kazemi
Compass
List Price
$2,298,000
Sold Price
$2,815,000
Premium/Discount to List
$517,000
22.5%
Views
30
Current Estimated Value
$2,893,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,741
Avg. Annual Appreciation
2.18%
Original Mortgage
$2,100,000
Outstanding Balance
$2,077,502
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$801,857

Purchase Details

Closed on
Jun 11, 2021
Sold by
Shen Edward
Bought by
Shen Edward and The Edward Shen Family Trust

Purchase Details

Closed on
Feb 9, 2021
Sold by
Mancini Lisa and Estate Of Philip Richard Howla
Bought by
Shen Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,585,780
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moein Anita $2,815,000 Stewart Title Of California
Shen Edward -- None Available
Shen Edward $2,265,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moein Anita $2,100,000
Previous Owner Shen Edward $1,585,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $2,815,000 +22.5% $1,394 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $2,298,000 -- $1,138 / 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 $29,130 $2,815,000 $2,200,000 $615,000
2023 $29,130 $2,357,026 $1,664,640 $692,386
2022 $27,974 $2,310,810 $1,632,000 $678,810
2021 $30,983 $2,524,888 $1,860,173 $664,715
2020 $30,310 $2,499,000 $1,841,100 $657,900
2019 $3,363 $131,849 $26,372 $105,477
2018 $3,334 $129,264 $25,855 $103,409
2017 $3,242 $126,731 $25,349 $101,382
2016 $3,178 $124,247 $24,852 $99,395
2015 $3,171 $122,381 $24,479 $97,902
2014 $3,150 $119,985 $24,000 $95,985
Source: Public Records

Agents Affiliated with this Home

  • Mitch Wong

    Seller's Agent in 2024

    Mitch Wong

    Compass

    (650) 802-7780

    2 in this area

    42 Total Sales

    Section Image
  • Lila Kazemi

    Buyer's Agent in 2024

    Lila Kazemi

    Compass

    (408) 206-4536

    1 in this area

    123 Total Sales

    Section Image
  • Robert Aguilera

    Buyer Co-Listing Agent in 2024

    Robert Aguilera

    Compass

    (408) 204-4654

    1 in this area

    63 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81965494

MLSListings

APN: 027-251-190

California San Mateo County Hillsborough 94010 Burlingame Hills

2760 Summit Dr, Hillsborough, CA

This home is located at 2760 Summit Dr, Hillsborough, CA 94010 since 13 May 2024 and is currently estimated at $2,893,741, approximately $1,432 per square foot. This property was built in 1955. 2760 Summit Dr is a home located in San Mateo County with nearby schools including Hoover Elementary School, Burlingame Intermediate School, and Burlingame High School.

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