NOT LISTED FOR SALE

525 El Cerrito Ave Hillsborough, CA 94010

Baywood-Aragon Neighborhood

Estimated Value: $6,524,000 - $8,278,000

7 Beds
5.5 Baths
5,800 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $5,600,000 $966 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $45,229/month

37 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • 0.83 Acre Lot
  • South Hillsborough Elementary School Rated A
  • Private Pool
  • Colonial Architecture

About This Home

As of June 2017

A Gatsby inspired setting in this exquisite Colonial Dutch Gambrel Estate. On an approx. .827-flat acre lot, with park like grounds and a double gated U shaped drive. The estate with Approx 5800 total sq/ft includes a lighted tennis court, pool house with full bath and Sauna, large heated pool, expansive entertainment deck with covered loggia and hot tub. Above the two-car detached garage is a one-bedroom apartment with full kitchen. Lower level features a Wine Cellar. Recent $1.6M update includes seismic retrofit, New Electrical, Copper Plumbing, HVAC and Master Bedroom Bath. Public rooms include formal living, dining room, family room with a large breakfast and fireplace overlooking the pool and rear grounds. a poolside cabana great for year-round entertaining. One of the very few lighted Tennis Courts in all of Hillsboorough. Great location, Great Value and Great opportunity to remodel, add on, or build new. Privately situated in the lower South flats. Great Hillsborough schools.

Last Agent to Sell the Property

Art Sharif

Sotheby's Intl Rlty License #01481940 Listed on: 04/10/2017

Sotheby's Intl Rlty

Last Buyer's Agent

Catherine Lee

C&H Realty License #01845034

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,829

Year Built

  • 1918

Lot Details

  • 0.83

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Quake Bracing

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Private Pool
  • 0.83 Acre Lot
  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,829

Year Built

1918

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Style: Colonial
  • Age: 99
  • Listing Class: Residential
  • Structure Sq Ft: 5800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Hood Over Range
  • Fireplace: Yes
  • Living Sq Ft: 5800
  • Stories: 2
  • Security: Controlled / Secured Access
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Guest House, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Quake Bracing
  • Pool Description: Yes
  • Roof: Composition, Shingle
  • Pool: Pool - Heated, Pool - In Ground, Spa / Hot Tub
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: San Mateo Union High
  • Elementary School: South Hillsborough
  • Middle School: Crocker Middle
  • Elementary School: 681
  • Middle School: 625

Lot Info

  • Lot Acres: 0.8270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 36024.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 36024.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 14, 2017
Sold by
Mufg Union Bank National Association
Bought by
Harris Christopher and Harris Jamie
Seller's Agent
Art Sharif
Sotheby's Intl Rlty
Buyer's Agent
Catherine Lee
C&H Realty
List Price
$5,800,000
Sold Price
$5,600,000
Premium/Discount to List
-$200,000
-3.45%
Current Estimated Value
$7,370,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,770,208
Avg. Annual Appreciation
3.34%
Original Mortgage
$3,600,000
Outstanding Balance
$2,884,496
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,485,712
Source: Public Records

Range of Values:

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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
Harris Christopher $5,600,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Christopher $3,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $5,600,000 -3.4% $966 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $5,800,000 -- $1,000 / 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 $79,829 $6,875,379 $5,580,093 $1,295,286
2023 $79,829 $6,489,217 $5,363,412 $1,125,805
2022 $75,359 $6,361,979 $5,258,248 $1,103,731
2021 $73,873 $6,237,236 $5,155,146 $1,082,090
2020 $72,628 $6,173,282 $5,102,287 $1,070,995
2019 $71,023 $6,052,239 $5,002,243 $1,049,996
2018 $66,645 $5,712,000 $4,904,160 $807,840
2017 $31,003 $2,433,402 $1,216,701 $1,216,701
2016 $30,151 $2,385,690 $1,192,845 $1,192,845
2015 $29,651 $2,349,856 $1,174,928 $1,174,928
2014 $28,870 $2,303,826 $1,151,913 $1,151,913
Source: Public Records

Agents Affiliated with this Home

  • Art Sharif

    Seller's Agent in 2017

    Art Sharif

    Sotheby's Intl Rlty

    (650) 804-4770

    76 Total Sales

    Art Sharif
    Section Image

  • C

    Buyer's Agent in 2017

    Catherine Lee

    C&H Realty

    Section Image

  • R

    Buyer Co-Listing Agent in 2017

    Richard Brinegar

See All Agents

Map

Source: MLSListings

MLS Number: ML81646083

MLSListings

APN: 031-213-100

California San Mateo County Hillsborough 94010 Baywood-Aragon

525 El Cerrito Ave, Hillsborough, CA

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