NOT LISTED FOR SALE

Estimated Value: $8,256,000 - $9,124,000

4 Beds
4.5 Baths
5,580 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $5,200,000 $932 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $58,013/month

11 Days on Market

Highlights

  • Heated Pool
  • Bay View
  • 3 Fireplaces
  • West Hillsborough Rated A+
  • 2 Acre Lot
  • High Ceiling

About This Home

As of October 2016

Sky's The Limit at Hillsborough's 2 Acre Corridor. Opportunity to renovate, expand or build a new dream estate on one of the best 2.acre settings in recent years. Home in pristine original condition. Once home to legendary high-tech pioneer and Fortune 250 CEO Dr. An Wang. Many eight figure estates dot this area including recent sales that do not match the caliber of this lot. 1960s house is mostly original but with strong architectural bones of 10 foot ceilings, large rooms, and vistas. Floorplan mostly on one level, plus huge downstairs media room that opens to pool. Imagine a renovation, expansion or new dream mansion. Current tennis court site may accommodate future new pool, pool house, or guesthouse. Ultimate privacy and lot orientation. Views into San Francisco skyscrapers. Sky's the Limit!

Last Agent to Sell the Property

Geoffrey Nelson

Compass License #01313666 Listed on: 09/08/2016

Compass

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 2 Acre Lot
  • Zoning described as R1002A

Parking

  • 3 Car Attached Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,580 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Heated Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 030-083-080

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 5580
  • Year Built: 1964
  • Zoning Description: R1002A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Living Sq Ft: 5580
  • Stories: 1
  • Fireplaces Min: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Heated
  • Roof: Tile
  • View: Bay, City Lights
  • Pool: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Wet Bar

Lot Info

  • Parcel Number: 030-083-080
  • Lot Acres: 2.0010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 87163.56
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 87163.56

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

Closed on
May 21, 2018
Sold by
Adakite 1031 Llc
Bought by
456 Pullman Road Llc
Current Estimated Value
$8,655,900

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 11, 2016
Sold by
Wang Frederick A and Wang Courtney S
Bought by
Adakite 1031 Llc
Seller's Agent
Geoffrey Nelson
Compass
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$5,800,000
Sold Price
$5,200,000
Premium/Discount to List
-$600,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$2,860,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
456 Pullman Road Llc $11,350,000 Chicago Title Co
Adakite 1031 Llc $5,200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adakite 1031 Llc $2,860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $5,200,000 -10.3% $932 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $5,800,000 -- $1,039 / 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 $153,547 $10,795,570 $10,183,570 $612,000
2023 $153,547 $12,804,508 $9,788,131 $3,016,377
2022 $138,978 $12,141,675 $9,596,207 $2,545,468
2021 $136,655 $11,930,875 $9,408,047 $2,522,828
2020 $134,423 $11,808,540 $9,311,580 $2,496,960
2019 $131,564 $11,577,000 $9,129,000 $2,448,000
2018 $70,065 $6,026,496 $3,927,000 $2,099,496
2017 $61,287 $5,200,000 $3,850,000 $1,350,000
2016 $26,520 $2,052,560 $943,748 $1,108,812
2015 $26,055 $2,021,730 $929,573 $1,092,157
2014 $25,358 $1,982,128 $911,364 $1,070,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81613409

MLSListings

APN: 030-083-080