NOT LISTED FOR SALE

418 Summit Dr Emerald Hills, CA 94062

Estimated Value: $1,927,000 - $2,277,000

4 Beds
2 Baths
1,750 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $1,500,000 $857 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,840/month

128 Days on Market

Highlights

  • Above Ground Spa
  • City Lights View
  • Wood Flooring
  • Woodside High School Rated A
  • Traditional Architecture
  • Formal Dining Room

About This Home

As of January 2024

Bring your vision to this fantastic and rare opportunity in Emerald Hills. This property has four bedrooms, 2 upstairs and 2 downstairs, with 2 full baths. It also features a living and dining area, as well as a large eat-in kitchen with updated stainless steel electric appliances. The property is situated on a spacious corner lot, offering the potential for expansion. Additionally, you can enjoy exceptional views of the city from the deck. This property is perfect for contractors, as it provides various possibilities, from remodeling to rebuilding. It emits a unique ambiance, making it ideal for constructing your dream home, with the possibility of an Accessory Dwelling Unit (ADU). Nestled in the hills, it is conveniently located near Handleys' Rock, Emerald Lake Country Club, and the Community Shopping area, making it an excellent choice for convenience and outdoor experiences. The possibilities are open to either repairing the original structure or starting anew with a fresh design.

Last Agent to Sell the Property

Pamela Tyson

Compass License #01721213 Listed on: 08/02/2023

Compass

Last Buyer's Agent

Michelle Carey

Carey Realty License #02086768

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Level Lot
  • Mostly Level
  • Zoning described as RH0S18

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Guest Parking
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Masonry Perimeter Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage Room
  • City Lights Views
  • Finished Basement
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • Above Ground Spa
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 057-143-310

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1750
  • Incorporated: Yes
  • Year Built: 1942
  • Zoning Description: RH0S18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Ice Maker, Island, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1750
  • Stories: 2
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Additional Rooms: Basement - Finished, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Masonry Perimeter, Post and Pier, Sealed Crawlspace, Wood Frame
  • Pool Description: Spa - Above Ground, Spa / Hot Tub
  • Roof: Composition
  • View: City Lights
  • Fencing: Fenced, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Site Parking, On Street, Room for Oversized Vehicle, Workshop in Garage

Utilities

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

Schools

  • High School: 684

Lot Info

  • Lot Description: Grade - Level, Grade - Mostly Level, Views
  • Parcel Number: 057-143-310
  • Lot Acres: 0.2826
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12309.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12309.00
  • Soil: Rocky, Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Clifford School
  • High School Text: Woodside High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 28, 2023
Sold by
David Ross 2005 Trust
Bought by
Mahoney John and Schoof Carla
Seller's Agent
Pamela Tyson
Compass
Buyer's Agent
Michelle Carey
Carey Realty
List Price
$1,899,000
Sold Price
$1,500,000
Premium/Discount to List
-$399,000
-21.01%
Views
135
Current Estimated Value
$2,111,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,695
Avg. Annual Appreciation
19.07%
Original Mortgage
$650,000
Outstanding Balance
$639,193
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,472,502

Purchase Details

Closed on
Apr 5, 2006
Sold by
Ross David
Bought by
Ross David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2005
Sold by
Ross Pamela
Bought by
Ross David

Purchase Details

Closed on
Jun 28, 2005
Sold by
Ross David
Bought by
Ross David and The David Ross 2005 Trust

Purchase Details

Closed on
Aug 10, 2001
Sold by
Ross Pamela
Bought by
Ross David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.75%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahoney John $1,500,000 Lawyers Title Company
Ross David J -- North American Title Co
Ross David -- North American Title Company
Ross David -- None Available
Ross David -- --
Ross David -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahoney John $650,000
Previous Owner Ross David J $157,500
Previous Owner Ross David J $787,500
Previous Owner Ross David $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $1,500,000 -21.0% $857 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $1,899,000 0.0% $1,085 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $1,899,000 0.0% $1,085 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $1,899,000 -- $1,085 / 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 $9,313 $1,530,000 $1,479,000 $51,000
2023 $9,313 $658,774 $329,387 $329,387
2022 $8,716 $645,858 $322,929 $322,929
2021 $8,572 $633,196 $316,598 $316,598
2020 $8,404 $626,704 $313,352 $313,352
2019 $8,302 $614,416 $307,208 $307,208
2018 $8,049 $602,370 $301,185 $301,185
2017 $7,841 $590,560 $295,280 $295,280
2016 $7,451 $578,982 $289,491 $289,491
2015 $7,171 $570,286 $285,143 $285,143
2014 $7,011 $559,116 $279,558 $279,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937043

MLSListings

APN: 057-143-310