NOT LISTED FOR SALE

511 Lakemead Way Emerald Hills, CA 94062

Estimated Value: $2,786,000 - $3,211,000

6 Beds
5 Baths
3,370 Sq Ft
$897/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $3,005,000 $892 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $17,663/month

12 Days on Market

Highlights

  • Bay View
  • Family Room with Fireplace
  • Wood Flooring
  • Roy Cloud Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of November 2020

2 SEPARATE HOMES ON AN APPROXIMATELY 16,000+- SQ. FT. LOT WITH SWEEPING BAY VIEWS. This one of a kind property is located in desirable Emerald Hills and has 2 individual custom built homes. House #1: 511 Lakemead Way features approximately 2,400 sq.ft of living space - 4 large bedrooms - 3 bathrooms - Updated kitchen - Living room with beamed ceilings and amazing bay views - Formal dining room - Family room with a fireplace - Beautifully landscaped, private back yard - 2 car garage. House #2: 3936 Brookline Way features approximately 1,000 sq. ft. of living space - 2 good sized bedrooms - 2 bathrooms - Open living/dining room with vaulted beamed ceilings - Updated kitchen - Deck with gorgeous bay views - Large yard - 3+ car garage. This is the first time that these properties have ever been on the market. Custom built by a local contractor for himself. Prime Emerald Hills location. Roy Cloud School. This is truly an amazing opportunity with endless possibilities!

Last Agent to Sell the Property

Craig Smith

Intero Real Estate Services License #01210116 Listed on: 09/05/2020

Intero Real Estate Services

Last Buyer's Agent

Karen Kovacs

KW Advisors License #01408745

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,302

Year Built

  • 1974

Lot Details

  • 0.37 Acre Lot
  • Wood Fence
  • Sprinkler System
  • Back Yard

Parking

  • 5 Car Attached Garage

Property Views

  • Bay
  • Bridge
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,370 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,302

Year Built

1974

Lot Details

0

Parking

5

Listing Details

  • Zoning: RH0S18
  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 3370
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric
  • Fireplace: Yes
  • Living Sq Ft: 3370
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • View: Bay, Bridge, City Lights, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 5
  • Garage Max: 5
  • Garage Min: 5
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, Open Beam Ceiling, Skylight, Vaulted Ceiling, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Roy Cloud Elementary
  • Middle School: Roy Cloud School
  • High School: Woodside High
  • High School: 684
  • Elementary School: 622
  • Middle School: 37466

Lot Info

  • Lot Description: Views
  • Lot Acres: 0.3651
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15905.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15905.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 27, 2020
Sold by
Budde Randolph David and Budde Stephanie Lafferty
Bought by
Verducci Peter J and Milinois Effie K
Seller's Agent
Craig Smith
Intero Real Estate Services
Buyer's Agent
Karen Kovacs
KW Advisors
List Price
$2,848,000
Sold Price
$3,005,000
Premium/Discount to List
$157,000
5.51%
Current Estimated Value
$3,024,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,283
Avg. Annual Appreciation
0.16%
Original Mortgage
$1,767,200
Outstanding Balance
$1,333,189
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$1,695,328

Purchase Details

Closed on
Nov 15, 2018
Sold by
Sebource Patricia and Budde Randolph D
Bought by
Lafferty Budde Randoplh David and Lafferty Budde Stephaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
Budde Wilhelm J and Budde Karin M
Bought by
Collins Ernest L and Collins Josephine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back
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
Verducci Peter J $3,005,000 Fidelity National Title
Lafferty Budde Randoplh David -- First American Title Co
Collins Ernest L $139,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verducci Peter J $1,767,200
Previous Owner Lafferty Budde Randoplh David $1,195,500
Previous Owner Collins Ernest L $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $3,005,000 +5.5% $892 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $2,848,000 -- $845 / 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 $20,302 $1,694,005 $1,109,492 $584,513
2023 $20,302 $1,628,226 $1,066,410 $561,816
2022 $19,027 $1,596,300 $1,045,500 $550,800
2021 $18,784 $1,565,000 $1,025,000 $540,000
2020 $11,403 $896,314 $523,416 $372,898
2019 $3,345 $157,510 $26,324 $131,186
2018 $3,148 $154,422 $25,808 $128,614
2017 $2,993 $151,395 $25,302 $126,093
2016 $2,670 $148,427 $24,806 $123,621
2015 $2,570 $146,199 $24,434 $121,765
2014 $2,499 $143,336 $23,956 $119,380
Source: Public Records

Agents Affiliated with this Home

  • Craig Smith

    Seller's Agent in 2020

    Craig Smith

    Intero Real Estate Services

    (650) 622-1009

    1 in this area

    27 Total Sales

    Craig Smith
    Section Image

  • K

    Buyer's Agent in 2020

    Karen Kovacs

    KW Advisors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81809462

MLSListings

APN: 057-263-010

California San Mateo County Emerald Hills 94062

511 Lakemead Way, Emerald Hills, CA

This home is located at 511 Lakemead Way, Emerald Hills, CA 94062 since 05 September 2020 and is currently estimated at $3,024,283, approximately $897 per square foot. This property was built in 1974. 511 Lakemead Way is a home located in San Mateo County with nearby schools including Roy Cloud Elementary School, John F. Kennedy Middle School, and Woodside High School.

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