NOT LISTED FOR SALE

Estimated Value: $1,144,000 - $1,320,000

2 Beds
2.5 Baths
1,530 Sq Ft
$818/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $1,250,000 $817 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,788/month

9 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Clubhouse
  • South San Francisco High School Rated A-
  • Primary Bedroom Suite
  • Quartz Countertops

About This Home

As of June 2022

Nestled in the PRIME Terrabay community w/ no neighbors directly in front or behind. This stunning tri-level home has been tastefully updated w/ modern designer finishes. Large gatherings are a breeze w/ effortless flow from living/dining area through kitchen & to backyard. The living room's wood-burning fireplace has been designed w/ floor to ceiling tiles & a pine floating mantel. The kitchen updated w/ quartz countertops, undermount cabinet lighting, tile backsplash & Samsung stainless steel appliances. Retreat in the primary bedroom w/ dual closets & a stunning en-suite bathroom, consisting of an over-sized custom shower, dual vanities, quartz countertop, LED mirror & designer tiled flooring. This home features all new dual pane windows & slider doors, custom iron staircase railings, SPC flooring & recessed lighting. Conveniently located w/ easy access to Highway 101, Costco Wholesales Business Center, Caltrain & a short drive to downtown. This is the home you've been waiting for!

Last Agent to Sell the Property

Alexander Lam

Compass License #01953858 Listed on: 04/19/2022

Compass

Co-Listed By

Kristle Lam

Compass License #02136869

Last Buyer's Agent

Jimmy Gu

Next Realty License #02010166

Next Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,025

Year Built

  • 1997

Lot Details

  • 2,017 Sq Ft Lot
  • Partially Fenced Property
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

  • Bay
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include maintenance - common area, maintenance - road, reserves, roof
  • Terrabay Master & Subassociation Association
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,025

Year Built

1997

Lot Details

0

HOA Fees

$553 per month

Parking

2

Listing Details

  • Zoning: TS00PD
  • Subclass: Single Family Home
  • Restrictions: Parking Restrictions, Pets - Rules
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 1530
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1530
  • Stories: 3
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower And Tub, Tile, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile
  • View: Bay, City Lights, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto
  • Fencing: Partial Fencing
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Terrabay
  • HOA Fees: 553
  • HOA Amenities: Club House, Gym / Exercise Facility, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Maintenance - Road, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Terrabay Master & Subassociation

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.0463
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2016.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2016.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Cupit Thomas T and Allred Gerald
Bought by
Lam Alexander and Lam Kristle Grace
Current Estimated Value
$1,290,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Outstanding Balance
$703,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$614,643

Purchase Details

Closed on
Dec 8, 2011
Sold by
Cupit Thomas T
Bought by
Cupit Thomas T

Purchase Details

Closed on
Dec 17, 1998
Sold by
Centex Homes
Bought by
Cupit Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Lam Alexander $960,000 Fidelity National Title Co
Cupit Thomas T -- None Available
Cupit Thomas T $363,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Alexander $768,000
Previous Owner Cupit Thomas T $213,000
Previous Owner Cupit Thomas T $226,000
Previous Owner Cupit Thomas T $200,000
Previous Owner Cupit Thomas T $190,000
Previous Owner Cupit Thomas T $150,000
Previous Owner Cupit Thomas T $263,500
Previous Owner Cupit Thomas T $272,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $1,250,000 -0.6% $817 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,258,000 -- $822 / 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 $14,025 $1,260,000 $745,500 $514,500
2023 $14,025 $1,210,000 $716,000 $494,000
2022 $13,205 $1,180,000 $770,000 $410,000
2021 $6,287 $525,726 $262,863 $262,863
2020 $6,208 $520,336 $260,168 $260,168
2019 $6,142 $510,134 $255,067 $255,067
2018 $5,996 $500,132 $250,066 $250,066
2017 $5,834 $490,326 $245,163 $245,163
2016 $5,696 $480,712 $240,356 $240,356
2015 $5,602 $473,492 $236,746 $236,746
2014 $5,479 $464,218 $232,109 $232,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81887542

MLSListings

APN: 007-600-810