NOT LISTED FOR SALE

2778 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $3,012,000 - $3,191,000

4 Beds
3.5 Baths
2,340 Sq Ft
$1,331/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $2,632,500 $1,125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,539/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Canyon View
  • Wood Flooring
  • Hoover Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wine Refrigerator

About This Home

As of January 2024

This wonderful large light-filled, multi-level home provides an exciting opportunity to live in the sought-after Burlingame community, with award winning schools. Located on the border of Hillsborough, with a larger than typical wooded lot. Over 2300 square feet of incredible living potential. Gourmet kitchen with eat-in area. Secluded downstairs primary suite with fireplace and walk-in closet. Additional downstairs room that would be perfect for an office or nursery.

Last Agent to Sell the Property

Connie Gravagno

Vabrato License #02033766 Listed on: 11/21/2023

Co-Listed By

Vivienne Kelvin

Vabrato License #01909927

Last Buyer's Agent

Alice Pak

Side, Inc License #01916680

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.45 Acre Lot
  • Gentle Sloping Lot
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Den
  • Canyon Views

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 027-251-050

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 2340
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Dining Area in Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2340
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, In Garage, Washer
  • Flooring: Stone, Wood
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Showers over Tubs - 2+, Stall Shower, Stone, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Canyon
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level
  • Parcel Number: 027-251-050
  • Lot Acres: 0.4545
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19800.00

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
Nov 21, 2023
Closed on
Jan 16, 2024
Sold by
Yuen-Hurwitz Revocable Trust
Bought by
Alice Pak And Eric Chu Family Trust and Pak
Seller's Agent
Connie Gravagno
Vabrato
Buyer's Agent
Alice Pak
Side, Inc
List Price
$2,700,000
Sold Price
$2,632,500
Premium/Discount to List
-$67,500
-2.5%
Current Estimated Value
$3,113,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,453
Avg. Annual Appreciation
9.29%
Original Mortgage
$2,106,000
Outstanding Balance
$2,061,777
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,052,176

Purchase Details

Closed on
Mar 2, 2007
Sold by
Yuen Alan R and Hurwitz Mark V
Bought by
Yuen Alan and Hurwitz Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1998
Sold by
Tukeman Cyril and Tukeman Ruth
Bought by
Yuen Alan R and Hurwitz Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 1994
Sold by
Tukeman Cyril Saul and Tukeman Ruth
Bought by
Tukeman Cyril and Tukeman Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Alice Pak And Eric Chu Family Trust $2,632,500 Fidelity National Title Compan
Yuen Alan -- Financial Title Company
Yuen Alan R $715,000 North American Title Insuran
Tukeman Cyril -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alice Pak And Eric Chu Family Trust $2,106,000
Previous Owner Yuen Alan $417,000
Previous Owner Yuen Alan R $71,500
Previous Owner Yuen Alan R $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $2,632,500 -2.5% $1,125 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $2,700,000 -- $1,154 / 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 $14,686 $2,685,150 $1,836,000 $849,150
2023 $14,686 $1,088,959 $538,689 $550,270
2022 $14,050 $1,067,608 $528,127 $539,481
2021 $13,988 $1,046,676 $517,772 $528,904
2020 $13,669 $1,035,944 $512,463 $523,481
2019 $13,335 $1,015,632 $502,415 $513,217
2018 $13,115 $995,719 $492,564 $503,155
2017 $12,952 $976,196 $482,906 $493,290
2016 $12,531 $957,057 $473,438 $483,619
2015 $12,483 $942,683 $466,327 $476,356
2014 $12,326 $924,219 $457,193 $467,026
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Connie Gravagno

    Vabrato

    (650) 302-3715

    1 in this area

    3 Total Sales

    Connie Gravagno
    Section Image
  • Vivienne Kelvin

    Seller Co-Listing Agent in 2024

    Vivienne Kelvin

    Vabrato

    (650) 291-7241

    1 in this area

    82 Total Sales

    Vivienne Kelvin
    Section Image

  • A

    Buyer's Agent in 2024

    Alice Pak

    Side, Inc

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81948419

MLSListings

APN: 027-251-050

California San Mateo County Hillsborough 94010 Burlingame Hills

2778 Summit Dr, Hillsborough, CA

Not Listed for Sale

Detached

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