NOT LISTED FOR SALE

2785 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $4,730,000 - $5,747,000

3 Beds
2 Baths
1,850 Sq Ft
$2,898/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $1,750,000 $946 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $32,444/month

12 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Breakfast Area or Nook
  • West Hillsborough Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of July 2012

This charming 3BR/2BA ranch-style home is situated on a commanding .52 acre corner lot with partial Bay views. The one-story floor plan features picture frame windows, gorgeous hardwood floors, ample closet space and an oversized two-car garage with a huge laundry area. The lovely private grounds offer multiple patios lined with tall hedges, colorful rose bushes and mature fruit and citrus trees.

Last Agent to Sell the Property

Jim Arbeed

Coldwell Banker Realty License #01060476 Listed on: 06/01/2012

Coldwell Banker Realty

Last Buyer's Agent

Gina Haggarty

Coldwell Banker Realty License #01163760

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry in Garage
  • Bay Views

Kitchen

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

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 027-253-050

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 945.95
  • Listing Class: Residential
  • Structure Sq Ft: 1850
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 7
  • Map Top Coordinate: C
  • Thomas Bros Page: 728
  • Thomas Brothers: C7
  • Year Built: 1951
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Insert, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1850
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Flooring: Tile, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Formal Entry, Storage
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Parcel Number: 027-253-050
  • Lot Location: Corner
  • List Price per Sq Ft: 916.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 22800.00
  • Lot Size Area Min Search: 22800.00
  • Maximum Lot Size: 22800.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

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

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jul 11, 2012
Sold by
Chen Mary W
Bought by
Sims Robert E and Kameda Roberta R W
Seller's Agent
Jim Arbeed
Coldwell Banker Realty
Buyer's Agent
Gina Haggarty
Coldwell Banker Realty
List Price
$1,695,000
Sold Price
$1,750,000
Premium/Discount to List
$55,000
3.24%
Current Estimated Value
$5,361,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,611,168
Avg. Annual Appreciation
8.62%
Original Mortgage
$1,300,000
Outstanding Balance
$862,690
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,498,478
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
Sims Robert E $1,750,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Robert E $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $1,750,000 +3.2% $946 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $1,695,000 -- $916 / Sq Ft
Source: MLSListings

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 $54,597 $4,443,391 $1,847,139 $2,596,252
2023 $54,597 $4,270,851 $1,775,413 $2,495,438
2022 $51,395 $4,175,109 $1,740,601 $2,434,508
2021 $49,131 $3,983,441 $1,706,472 $2,276,969
2020 $48,277 $3,942,597 $1,688,975 $2,253,622
2019 $47,168 $3,865,292 $1,655,858 $2,209,434
2018 $45,780 $3,789,503 $1,623,391 $2,166,112
2017 $45,031 $3,715,200 $1,591,560 $2,123,640
2016 $41,573 $3,431,853 $1,560,353 $1,871,500
2015 $25,172 $1,941,916 $1,536,916 $405,000
2014 $22,900 $1,757,945 $1,506,810 $251,135
Source: Public Records

Agents Affiliated with this Home

  • Jim Arbeed

    Seller's Agent in 2012

    Jim Arbeed

    Coldwell Banker Realty

    (650) 430-7653

    3 in this area

    82 Total Sales

    Jim Arbeed
    Section Image

  • G

    Buyer's Agent in 2012

    Gina Haggarty

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81220793

MLSListings

APN: 027-253-050

California San Mateo County Hillsborough 94010 Burlingame Hills

2785 Summit Dr, Hillsborough, CA

Not Listed for Sale

Detached

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