K
Seller's Agent in 2017
Kim Gelman
Golden Gate Sotheby's International Realty
485 Edgewood Rd San Mateo, CA 94402
San Mateo Park NeighborhoodEstimated Value: $6,888,000 - $8,293,256
5
Beds
4.5
Baths
4,704
Sq Ft
$1,575/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Heated In Ground Pool
- Family Room with Fireplace
- Borel Middle School Rated A-
- 0.62 Acre Lot
- Marble Flooring
About This Home
As of December 2017Absolutely Stunning Spanish Revival with amazing architectural details! Expanded and rebuilt leaving intact just one wall, subfloors of existing footprint and fireplaces of original 1925 structure, making practically everything in this home built with brand new construction. Hand-textured walls, arched entryways, rich hardwood floors, tall ceilings, exposed beams and curated period light fixtures add to authenticity of the Spanish revival style. Living room showcases a majestic stone fireplace. The dining room with its exquisite 18th century chandelier is surrounded by windows on 3 sides. Spacious chefs kitchen features top appliances including 2 subzero integrated refrigerators, 2 dishwashers a Lacanche range, eat-in dining area and butlers pantry. Main level luxurious master suite, and 2nd suite. Lower level media room with surround sound laundry, office, gym, mud/rec room. Park like landscaped grounds with sparkling swimming pool with adjacent expansive limestone terrace.
Last Agent to Sell the Property
Kim Gelman
Golden Gate Sotheby's International Realty License #01226392 Listed on: 11/10/2017
Last Buyer's Agent
Vicky Heron
Coldwell Banker Realty License #01389116
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,693
Year Built
- Built in 1925
Lot Details
- 0.62 Acre Lot
- Back and Front Yard Fenced
- Lot Sloped Down
- Sprinklers on Timer
- Zoning described as R10010
Parking
- 2 Car Garage
- Garage Door Opener
- Electric Gate
- Uncovered Parking
Home Design
- Spanish Architecture
- Wood Frame Construction
- Clay Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,704 Sq Ft Home
- 3-Story Property
- Entertainment System
- Wired For Sound
- Beamed Ceilings
- High Ceiling
- Double Pane Windows
- Mud Room
- Wine Cellar
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Den
- Fire Sprinkler System
- Laundry Room
Kitchen
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Marble Bathroom Countertops
- Dual Sinks
- Bathtub
- Walk-in Shower
Outdoor Features
- Heated In Ground Pool
- Seasonal Stream
- Balcony
- Barbecue Area
Utilities
- Forced Air Heating System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 031-082-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2020
Sold by
Pal Sumant and Pal Seth Alpna
Bought by
Pal Sumant and Pal Seth Alpna
Current Estimated Value
Purchase Details
Listed on
Nov 10, 2017
Closed on
Dec 20, 2017
Sold by
Wilson Keith M and Wilson Jennifer L
Bought by
Pal Sumant and Pal Seth Alpna
Seller's Agent
Kim Gelman
Golden Gate Sotheby's International Realty
Buyer's Agent
Vicky Heron
Coldwell Banker Realty
List Price
$5,998,000
Sold Price
$5,550,000
Premium/Discount to List
-$448,000
-7.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,999,000
Outstanding Balance
$1,622,130
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,787,184
Purchase Details
Closed on
Jun 8, 2012
Sold by
Frank Melvin D and Frank Jean D
Bought by
Wilson Keith M and Wilson Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,500
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2004
Sold by
Frank Melvin D and Frank Jean D
Bought by
Frank Melvin D and Frank Jean D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pal Sumant | -- | None Available | |
| Pal Sumant | $5,550,000 | North American Title Co Inc | |
| Wilson Keith M | $1,965,000 | North American Title Company | |
| Frank Melvin D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pal Sumant | $1,999,000 | |
| Previous Owner | Wilson Keith M | $1,375,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2017 12/27/17 | Sold | $5,550,000 | -7.5% | $1,180 / Sq Ft |
| 12/05/2017 12/05/17 | Pending | -- | -- | -- |
| 11/10/2017 11/10/17 | For Sale | $5,998,000 | -- | $1,275 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $71,693 | $6,314,948 | $2,844,571 | $3,470,377 |
| 2023 | $71,693 | $6,069,733 | $2,734,114 | $3,335,619 |
| 2022 | $69,976 | $5,950,719 | $2,680,504 | $3,270,215 |
| 2021 | $69,394 | $5,834,040 | $2,627,946 | $3,206,094 |
| 2020 | $67,422 | $5,774,220 | $2,601,000 | $3,173,220 |
| 2019 | $65,108 | $5,661,000 | $2,550,000 | $3,111,000 |
| 2018 | $64,024 | $5,550,000 | $2,500,000 | $3,050,000 |
| 2017 | $23,227 | $1,862,678 | $1,063,319 | $799,359 |
| 2016 | $15,648 | $1,339,583 | $1,042,470 | $297,113 |
| 2015 | $26,533 | $2,053,624 | $1,026,812 | $1,026,812 |
| 2014 | $24,984 | $2,013,398 | $1,006,699 | $1,006,699 |
Source: Public Records
Agents Affiliated with this Home
-
-
V
Buyer's Agent in 2017
Vicky Heron
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81684431
APN: 031-082-010
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