NOT LISTED FOR SALE

Estimated Value: $6,097,000 - $11,765,543

5 Beds
6.5 Baths
7,657 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $11,500,000 $1,502 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $60,295/month

42 Days on Market

Highlights

  • Home Theater
  • Pool and Spa
  • Solar Power System
  • West Hillsborough Rated A+
  • Newly Remodeled
  • Canyon View

About This Home

As of March 2018

A Swatt/Miers modern masterpiece, this one taking full advantage of the broad lot just before the end of a cul du sac. The all glass entry is grounded by a single large pivoting door of the same cedar that clads some of the exterior walls as well as the soaring ceiling in the main living space. The view from the front passes all the way through the house to the tall sliding glass doors that open beyond to the infinity pool and sprawling level lawn. The back of the property is bordered by the private woods of scrub oak and pine trees that covers the slope up to a ridge without any other homes. The feeling is expansive. That same sensation is evoked looking back at the home from the lawn, which may be the best view of the gorgeous home. Seamless indoor and outdoor areas, 23ft living room ceilings with walls of glass with sandstone clad fireplace, 12ft solid Calacatta island counters, Boffi cabinets, Smart Home Automation and 13kw Solar Panels round out this amazing home.

Last Agent to Sell the Property

Phil Chen

KW Advisors License #01715177 Listed on: 01/08/2018

KW Advisors

Last Buyer's Agent

Anita Hunter

Compass License #01294883

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $150,578

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.97 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Zoning described as R10000

Parking

  • 3 Car Attached Garage

Property Views

  • Canyon
  • Mountain
  • Hills
  • Forest
  • Garden

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Combination Foundation
  • Stucco

Interior Spaces

  • 7,657 Sq Ft Home
  • Entertainment System
  • High Ceiling
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 028-441-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$150,578

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Modern / High Tech
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 7657
  • Construction: Completed-Never Occupied
  • Year Built: 2017
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Marble, Countertop - Quartz, Dishwasher, Exhaust Fan, Hood Over Range, Island, Island with Sink, Microwave, Oven - Built-In, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 7657
  • Security: Fire System - Sprinkler
  • Laundry: Gas Hookup, Upper Floor
  • Flooring: Hardwood, Stone
  • Additional Rooms: Den / Study / Office, Media / Home Theater
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination
  • Pool Description: Pool - Cover, Pool - In Ground, Pool / Spa Combo
  • View: Canyon, Forest / Woods, Garden / Greenbelt, Hills, Mountains
  • Yard/Grounds: Balcony / Patio, BBQ Area, Outdoor Kitchen, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Partial Fencing
  • Construction Type: Steel, Stucco, Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Video / Audio System, Walk-in Closet

Schools

  • School District: San Mateo Union High
  • Elementary School: West Hillsborough
  • Middle School: Crocker Middle
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 679
  • Middle School: 625

Lot Info

  • Lot Description: Grade - Varies
  • Parcel Number: 028-441-080
  • Lot Acres: 0.9734
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42400.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: West Hillsborough
  • High School Text: Burlingame High
  • Middle School Text: Crocker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 7, 2018
Sold by
Cinnamon Ventures Llc
Bought by
La Cannelle Llc
Seller's Agent
Phil Chen
KW Advisors
Buyer's Agent
Anita Hunter
Compass
List Price
$12,500,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,000,000
-8%
Current Estimated Value
$9,104,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,395,819
Avg. Annual Appreciation
-3.01%

Purchase Details

Closed on
Apr 22, 2014
Sold by
United Property Development Corp
Bought by
Cinnamon Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,017,000
Interest Rate
4.28%
Mortgage Type
Construction
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
La Cannelle Llc $11,500,000 Lawyers Title Co
Cinnamon Ventures Llc $1,780,000 Fidelity Natl Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cinnamon Ventures Llc $4,017,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2018 03/09/18 Sold $11,500,000 -8.0% $1,502 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $12,500,000 -- $1,632 / 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 $150,578 $13,195,467 $9,275,583 $3,919,884
2023 $150,578 $12,683,073 $8,915,401 $3,767,672
2022 $142,190 $12,434,387 $8,740,590 $3,693,797
2021 $139,508 $12,190,577 $8,569,206 $3,621,371
2020 $137,231 $12,065,579 $8,481,340 $3,584,239
2019 $133,231 $11,730,000 $8,315,040 $3,414,960
2018 $61,802 $5,265,718 $1,917,718 $3,348,000
2017 $43,929 $3,899,058 $1,880,116 $2,018,942
2016 $28,681 $2,512,871 $1,843,251 $669,620
2015 $20,804 $1,815,564 $1,815,564 $0
2014 $6,081 $453,907 $453,907 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81688290

MLSListings

APN: 028-441-080