NOT LISTED FOR SALE

440 Severn Ln Hillsborough, CA 94010

Estimated Value: $5,069,000 - $7,025,000

5 Beds
4.5 Baths
4,740 Sq Ft
$1,278/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $5,200,000 $1,097 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $38,319/month

6 Days on Market

Highlights

  • Post and Beam
  • 2 Fireplaces
  • 2 Car Attached Garage
  • South Hillsborough Elementary School Rated A
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of May 2023

Nestled on a quiet street in lower South Hillsborough, this grand 1920's home features 10 foot ceilings, privacy and filled with natural light. The foyer is the perfect welcoming spot that leads you to the oversized formal living and dining rooms. There's rich hardwood flooring throughout much of the home and the kitchen features a walk-in butler's pantry as well as eating area. The truly spectacular office is also on the main level as well as a powder room and family room. Upstairs are 4 ensuite bedrooms including a primary bedroom with two walk-in closets (or a 5th bedroom/office). There's a two-car attached garage. Outside, enjoy 2 dedicated spaces to entertain: the private patio off the living and dining rooms as well as the backyard lawn and play area off the family room (all on approximately 0.4 level acres). Plus, this home is just a few blocks from Hillsborough's highly rated South School as well as restaurants, movie theaters and Caltrain.

Last Agent to Sell the Property

Patty Dwyer Group

Compass License #70010007 Listed on: 03/31/2023

Compass

Last Buyer's Agent

Jim Arbeed

Coldwell Banker Realty License #01060476

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,798

Year Built

  • Built in 1923

Lot Details

  • 0.4 Acre Lot
  • Zoning described as R10025

Parking

  • 2 Car Attached Garage

Home Design

  • Post and Beam
  • Shingle Roof

Interior Spaces

  • 4,740 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Separate Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 032-242-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,798

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 100
  • Listing Class: Residential
  • Structure Sq Ft: 4740
  • Year Built: 1923
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 4740
  • Stories: 2
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Beam
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 032-242-080
  • Lot Acres: 0.4017
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 20, 2023
Sold by
Nelson 1998 Trust
Bought by
You And Li Family Trust
Seller's Agent
Patty Dwyer Group
Compass
Buyer's Agent
Jim Arbeed
Coldwell Banker Realty
List Price
$5,200,000
Sold Price
$5,200,000
Views
34
Current Estimated Value
$6,057,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,923
Avg. Annual Appreciation
6.71%
Original Mortgage
$3,000,000
Outstanding Balance
$2,920,218
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$3,137,705

Purchase Details

Closed on
Dec 29, 1998
Sold by
Nelson Carol N
Bought by
Nelson Carol
Source: Public Records

Range of Values:

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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
You And Li Family Trust $5,200,000 Lawyers Title Company
Nelson Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open You And Li Family Trust $3,000,000
Previous Owner Nelson Kipp Macqueen $2,992,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $5,200,000 0.0% $1,097 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $5,200,000 -- $1,097 / 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 $66,798 $5,710,080 $3,152,412 $2,557,668
2023 $66,798 $317,775 $83,644 $234,131
2022 $8,194 $311,545 $82,004 $229,541
2021 $7,955 $305,438 $80,397 $225,041
2020 $7,760 $302,307 $79,573 $222,734
2019 $7,385 $296,380 $78,013 $218,367
2018 $7,079 $290,570 $76,484 $214,086
2017 $6,762 $284,874 $74,985 $209,889
2016 $7,077 $279,289 $73,515 $205,774
2015 $6,793 $275,095 $72,411 $202,684
2014 $6,548 $269,707 $70,993 $198,714
Source: Public Records

Agents Affiliated with this Home

  • Patty Dwyer Group

    Seller's Agent in 2023

    Patty Dwyer Group

    Compass

    (650) 931-2035

    35 in this area

    284 Total Sales

    Patty Dwyer Group
    Section Image
  • Jim Arbeed

    Buyer's Agent in 2023

    Jim Arbeed

    Coldwell Banker Realty

    (650) 430-7653

    25 in this area

    84 Total Sales

    Jim Arbeed
    Section Image
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Map

Source: MLSListings

MLS Number: ML81923289

MLSListings

APN: 032-242-080

California San Mateo County Hillsborough 94010

440 Severn Ln, Hillsborough, CA

This home is located at 440 Severn Ln, Hillsborough, CA 94010 since 31 March 2023 and is currently estimated at $6,057,923, approximately $1,278 per square foot. This property was built in 1923. 440 Severn Ln is a home located in San Mateo County with nearby schools including South Hillsborough Elementary School, Crocker Middle School, and San Mateo High School.

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