NOT LISTED FOR SALE

2860 Summit Dr Hillsborough, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $3,724,000 - $4,941,000

5 Beds
3 Baths
2,960 Sq Ft
$1,387/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $2,700,000 $912 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $24,518/month

7 Days on Market

Highlights

  • Skyline View
  • Post and Beam
  • Marble Bathroom Countertops
  • Hoover Elementary School Rated A
  • Marble Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2015

Spectacular private retreat property nestled in a glen of oaks! This home features hardwood floors throughout, spacious living and dining rooms, family room with vaulted beamed ceilings, 5 large bedrooms, 3 full bathrooms including a fabulous master suite with master bath and walk-in closet. A detached cottage garage unit with potential for 4 cars with current usage as a 2 car with office or exercise room that could easily revert back. Great schools. Close to SF and Silicon Valley!

Last Agent to Sell the Property

Patty Dwyer Group

Coldwell Banker Realty License #70010007 Listed on: 05/08/2015

Coldwell Banker Realty

Last Buyer's Agent

Carly Seiff

Coldwell Banker Realty License #01902323

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Detached Garage

Property Views

  • Skyline
  • Garden

Home Design

  • Post and Beam
  • Brick Exterior Construction
  • Foundation Moisture Barrier
  • Mudsill Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,960 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Den
  • Storage Room
  • Crawl Space

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 027-241-340

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 2960
  • Year Built: 1955
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Double, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2960
  • Stories: 1
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Additional Rooms: Formal Entry, Laundry Room, Office Area, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower and Tub, Skylight, Stall Shower, Tile, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Foundation Moisture Barrier, Mudsill, Post and Beam
  • Roof: Composition, Shingle
  • View: Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Partial Fencing
  • Construction Type: Brick, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Parking Area

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Walk-in Closet

Schools

  • High School: 615

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 027-241-340
  • Lot Acres: 0.3800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16552.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16552.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Jun 1, 2015
Sold by
Amend William J C and Amend Constance R
Bought by
Schmidt Edward and Schmidt Susan
Seller's Agent
Patty Dwyer Group
Coldwell Banker Realty
Buyer's Agent
Carly Seiff
Coldwell Banker Realty
List Price
$2,188,000
Sold Price
$2,700,000
Premium/Discount to List
$512,000
23.4%
Current Estimated Value
$4,106,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406,732
Avg. Annual Appreciation
4.02%
Original Mortgage
$500,000
Outstanding Balance
$387,540
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,719,192

Purchase Details

Closed on
Oct 25, 2002
Sold by
Amend William J C and Amend Constance R
Bought by
Amend William J C and Amend Constance R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Edward $2,700,000 North American Title Co Inc
Amend William J C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Edward $500,000
Open Schmidt Edward $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $2,700,000 +23.4% $912 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $2,188,000 -- $739 / 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 $37,809 $3,244,984 $1,622,492 $1,622,492
2023 $37,809 $3,118,980 $1,559,490 $1,559,490
2022 $36,341 $3,057,824 $1,528,912 $1,528,912
2021 $36,316 $2,997,868 $1,498,934 $1,498,934
2020 $35,530 $2,967,130 $1,483,565 $1,483,565
2019 $34,700 $2,908,952 $1,454,476 $1,454,476
2018 $34,067 $2,851,914 $1,425,957 $1,425,957
2017 $33,752 $2,795,996 $1,397,998 $1,397,998
2016 $32,566 $2,741,174 $1,370,587 $1,370,587
2015 $6,480 $413,808 $60,540 $353,268
2014 $6,410 $405,703 $59,355 $346,348
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patty Dwyer Group

    Coldwell Banker Realty

    Section Image

  • C

    Buyer's Agent in 2015

    Carly Seiff

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81464261

MLSListings

APN: 027-241-340

California San Mateo County Hillsborough 94010 Burlingame Hills

2860 Summit Dr, Hillsborough, CA

Not Listed for Sale

Detached

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