NOT LISTED FOR SALE

Estimated Value: $5,269,000 - $5,660,000

5 Beds
4.5 Baths
3,300 Sq Ft
$1,638/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $3,950,000 $1,197 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $33,819/month

5 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Wine Refrigerator
  • Las Lomitas Elementary School Rated A+
  • 2 Fireplaces
  • Formal Dining Room

About This Home

As of August 2016

Welcome to 361 Vine, nestled on a country-like road in the hidden gem neighborhood of University Heights, two blocks from Sand Hill Rd. & a short distance to Stanford University! Newly completed, this brand new construction marries today's modern yet rustic tastes into a modern farmhouse. An inviting living room parlor flows into the generous dining room w/ wainscoting detail. A stunning kitchen featuring an expansive calacatta marble island with seating opens to a casual dining area and the sun-lit family room beyond. A convenient downstairs bedroom suite can be used as a guest room or office. Upstairs, enjoy repose in the magnificent master suite w/ 10' ceilings, a sizable master closet & a stunning master bath. An additional en-suite, two more bedrooms with a jack-and-jill bath, and the laundry room complete the upstairs level. Located in the heart of the Peninsula and so close to Stanford and the downtowns of Menlo Park and Palo Alto. Within the coveted Las Lomitas School District.

Last Agent to Sell the Property

Caroline Huo

KW Advisors License #01419566 Listed on: 07/22/2016

KW Advisors

Last Buyer's Agent

Elizabeth Stolrow

KW Advisors License #01998523

KW Advisors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 7,928 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Open to Family Room
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 074-101-270

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3300
  • Construction: Completed
  • Incorporated: Yes
  • Year Built: 2016
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Marble, Countertop - Other, Dishwasher, Exhaust Fan, Island, Island with Sink, Microwave, Oven Range - Built-In, Gas, Pantry, Refrigerator, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 3300
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Post and Pier
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 658

Lot Info

  • Parcel Number: 074-101-270
  • Lot Acres: 0.1820
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7949.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7949.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Las Lomitas Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2018
Sold by
Hwang Peter H and Hwang Eunice K
Bought by
Hwang Peter H and Hwang Eunice K
Current Estimated Value
$5,708,336

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 5, 2016
Sold by
Cerros Partners Llc
Bought by
Hwang Peter H and Hwang Eunice K
Seller's Agent
Caroline Huo
KW Advisors
Buyer's Agent
Elizabeth Stolrow
KW Advisors
List Price
$3,650,000
Sold Price
$3,950,000
Premium/Discount to List
$300,000
8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Balzhiser Lynn Kathryn and Ruth Mary Utzinger Family Trus
Bought by
Cerros Partners Llc

Purchase Details

Closed on
Feb 1, 2002
Sold by
Utzinger Ruth Mary
Bought by
Utzinger Ruth Mary and Ruth Mary Utzinger Family Trus
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
Hwang Peter H -- None Available
Hwang Peter H $3,950,000 Old Republic Title Company
Cerros Partners Llc $2,950,000 Old Republic Title Company
Utzinger Ruth Mary -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $3,950,000 +8.2% $1,197 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $3,650,000 -- $1,106 / 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 $51,182 $4,584,306 $2,292,153 $2,292,153
2023 $51,182 $4,406,294 $2,203,147 $2,203,147
2022 $48,982 $4,319,898 $2,159,949 $2,159,949
2021 $48,212 $4,235,196 $2,117,598 $2,117,598
2020 $47,142 $4,191,770 $2,095,885 $2,095,885
2019 $48,604 $4,109,580 $2,054,790 $2,054,790
2018 $46,261 $4,029,000 $2,014,500 $2,014,500
2017 $44,708 $3,950,000 $1,975,000 $1,975,000
2016 $14,866 $1,213,241 $770,241 $443,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81596629

MLSListings

APN: 074-101-270