NOT LISTED FOR SALE

Estimated Value: $4,505,000 - $5,757,000

4 Beds
3.5 Baths
3,920 Sq Ft
$1,316/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $3,450,000 $880 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $30,751/month

21 Days on Market

Highlights

  • Wine Cellar
  • 0.45 Acre Lot
  • Recreation Room
  • South Hillsborough Elementary School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2020

Light and bright contemporary style home in a prime lower Hillsborough location with approximately 3920 square feet of living space on a 19,440 +/- lot. Featuring high ceilings, spacious rooms, skylights and walls of glass creating an easy indoor-outdoor flow over two levels. Surrounded by greenery, this private setting is perfect for relaxing or entertaining with inviting red brick paths and patio in front and a welcoming gallery as you enter the home on the upper level. With a thoughtfully designed floor plan and space available to adapt the home to meet your needs, this is a special opportunity in a quiet cul-de-sac location.

Last Agent to Sell the Property

Ellen Ashley

Compass License #01364212 Listed on: 07/03/2020

Compass

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415

Home Details

Home Type

  • Single Family

Year Built

  • 1961

Lot Details

  • 0.45 Acre Lot
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,920 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 3920
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 3920
  • Stories: 1
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Laundry Room, Recreation Room, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Courtyard, Low Maintenance
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Lot Info

  • Lot Acres: 0.4463
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19440.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 3, 2020
Sold by
Obrien Eileen T and 2019 Carlene J Kahn Revocable
Bought by
Chao Derrick and Derrick Chao Revocable Trust
Seller's Agent
Ellen Ashley
Compass
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$3,850,000
Sold Price
$3,450,000
Premium/Discount to List
-$400,000
-10.39%
Current Estimated Value
$5,157,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,707,631
Avg. Annual Appreciation
7.78%
Original Mortgage
$2,350,000
Outstanding Balance
$2,083,540
Interest Rate
2.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,074,091

Purchase Details

Closed on
Apr 12, 2019
Sold by
Kahn Carlene J
Bought by
Kahn Carlene J and 2019 Carlene J Kahn Revocable

Purchase Details

Closed on
Aug 17, 2017
Sold by
Lowe Michael
Bought by
Lowe Michael G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chao Derrick $3,450,000 Wfg National Title Ins Co
Kahn Carlene J -- None Available
Lowe Michael G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chao Derrick $2,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $3,450,000 -1.4% $880 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $3,500,000 -9.1% $893 / Sq Ft
07/03/2020 07/03/20 For Sale $3,850,000 -- $982 / 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 $47,624 $3,807,611 $3,030,809 $776,802
2023 $47,624 $3,659,760 $2,913,120 $746,640
2022 $44,941 $3,588,000 $2,856,000 $732,000
2021 $43,257 $3,450,000 $2,800,000 $650,000
2020 $31,078 $1,044,141 $546,468 $497,673
2019 $15,995 $1,023,668 $535,753 $487,915
2018 $15,469 $1,003,598 $525,249 $478,349
2017 $15,063 $983,920 $514,950 $468,970
2016 $14,559 $964,628 $504,853 $459,775
2015 $14,205 $950,139 $497,270 $452,869
2014 $13,786 $931,528 $487,530 $443,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81799430

MLSListings

APN: 032-340-140