$5,088,000
SOLD FEB 18, 2015

372 Poett Rd Hillsborough, CA 94010

5 Beds
4.5 Baths
5,586 Sq Ft
0.95 Acres

Recently Sold

$911 Per Sq Ft

13% Below List Price

366 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Traditional Architecture
  • South Hillsborough Elementary School Rated A
  • Family Room with Fireplace
  • Attic

About This Home

As of November 2021

5BR/4.5BA WITH OLD WORLD CHARM ON A HUGE LEVEL 1 ACRE LOT! PRIME LOCATION IN LOWER HILLSBOROUGH, NEWLY REMODELED LIKE A SHOWCASE, ADDITIONAL FAMILY ROOM PLUS REC ROOM, ELEVATOR, EXTRA STORAGE DON'T MISS THE LARGE LEVEL USABLE YARD SURROUNDED BY SHRUBBERY

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 10/28/2013

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415 Listed on: 10/28/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,018

Year Built

  • Built in 1925

Lot Details

  • Level Lot
  • Zoning described as R100

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,586 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Zoned Heating and Cooling System
  • Radiant Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 032-260-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,018

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 89
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 5586
  • Incorporated: Yes
  • Map Book Page: 748
  • Map Side Coordinate: 2
  • Map Top Coordinate: G
  • Thomas Bros Page: 748
  • Thomas Brothers: G2
  • Year Built: 1925
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 5586
  • Stories: 2
  • Security: Fire Alarm
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Hardwood - Partial, Carpet - Wall to Wall
  • Additional Rooms: Den / Study / Office, Rec/Rumpus Room, Basement - Full, Attic, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)
  • Exterior: Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Radiant
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: San Mateo Union High
  • Middle School: Crocker Middle
  • Middle School: 625

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 032-260-010
  • Lot Location: Corner
  • List Price per Sq Ft: 981.02
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 41400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 41400.00
  • Lot Size Area Min Search: 41400.00
  • Maximum Lot Size: 41400.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Crocker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Nov 10, 2021
Sold by
Li Kevin K and Li Caroline
Bought by
Liu Xingjie and Tian Yuan
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Jim Arbeed
Coldwell Banker Realty
List Price
$9,600,000
Sold Price
$8,150,000
Premium/Discount to List
-$1,450,000
-15.1%
Current Estimated Value
$8,026,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,111
Avg. Annual Appreciation
-0.40%
Original Mortgage
$4,890,000
Outstanding Balance
$4,428,656
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$3,598,233

Purchase Details

Closed on
Sep 23, 2019
Sold by
Li Kevin K and Li Caroline
Bought by
Li Kevin K and Li Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Li Caroline
Bought by
Li Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2016
Sold by
Li Stephen C
Bought by
Li Kevin K and Li Caroline

Purchase Details

Closed on
May 12, 2015
Sold by
Jz 1630 Mr Llc
Bought by
Li Kevin and Li Caro

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 15, 2015
Sold by
Su Zhao Hong and Li Xin
Bought by
Jz 1630 Mr Llc
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$5,880,000
Sold Price
$5,088,000
Premium/Discount to List
-$792,000
-13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$1,500,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 15, 2011
Sold by
Dennis Marvin D
Bought by
Su Zhao Hong and Li Xin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,938,800
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2010
Sold by
Dennis Marvin D
Bought by
Dennis Marvin D

Purchase Details

Closed on
May 4, 2004
Sold by
Dennis Marvin D and Dennis Nancy A
Bought by
Dennis Marvin D and Dennis Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2003
Sold by
Dennis Marvin D and Dennis Nancy A
Bought by
Dennis Marvin D and Dennis Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
5.04%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2002
Sold by
Dennis Marvin D and Dennis Nancy A
Bought by
Dennis Marvin D and Dennis Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.31%

Purchase Details

Closed on
Apr 11, 1994
Sold by
Dennis Marvin D and Dennis Nancy A
Bought by
Dennis Marvin D and Dennis Nancy A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,150,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $5,700,000 Chicago Title Company
Grant Deed $5,088,000 Chicago Title Company
Grant Deed $3,888,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,890,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $1,500,000 Stand Alone Second
Previous Owner $2,798,400 Adjustable Rate Mortgage/ARM
Previous Owner $1,938,800 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Unknown
Previous Owner $1,000,000 New Conventional
Previous Owner $641,000 Unknown
Previous Owner $641,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $650,000 No Value Available
Closed $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $8,150,000 -8.9% $1,445 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $8,950,000 -6.8% $1,587 / Sq Ft
03/15/2021 03/15/21 For Sale $9,600,000 +88.7% $1,702 / Sq Ft
02/18/2015 02/18/15 Sold $5,088,000 -7.2% $911 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
07/09/2014 07/09/14 Price Changed $5,480,000 -6.8% $981 / Sq Ft
10/28/2013 10/28/13 For Sale $5,880,000 -- $1,053 / 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 $101,018 $8,687,604 $5,093,798 $3,593,806
2023 $101,018 $8,313,000 $4,896,000 $3,417,000
2022 $95,027 $8,150,000 $4,800,000 $3,350,000
2021 $76,062 $6,434,844 $5,973,542 $461,302
2020 $73,634 $6,263,950 $5,912,291 $351,659
2019 $72,009 $6,141,128 $5,796,364 $344,764
2018 $69,933 $6,020,714 $5,682,710 $338,004
2017 $68,907 $5,902,662 $5,571,285 $331,377
2016 $67,298 $5,786,925 $5,462,045 $324,880
2015 $48,478 $4,063,359 $3,135,308 $928,051
2014 $47,254 $3,983,764 $3,073,892 $909,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81339234

MLSListings

APN: 032-260-010