NOT LISTED FOR SALE

Estimated Value: $6,617,000 - $8,097,000

5 Beds
2.5 Baths
4,544 Sq Ft
$1,579/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $5,100,000 $1,122 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $43,166/month

144 Days on Market

Highlights

  • Media Room
  • Private Pool
  • Deck
  • West Hillsborough Rated A+
  • Bay View
  • Contemporary Architecture

About This Home

As of February 2021

SUBSTANTIAL PRICE REDUCTION!! Must See!! STUNNING CONTEMPORARY- A JUST COMPLETED HIGH-END REMODEL WITH STATE-OF-THE-ART SMART HOME FEATURES AND BAY VIEWS-Carolands. High ceilings with crisp white level-5-smooth walls, new hardwood floors, exceptional all-white kitchen with island open to the family room, formal DR and large LR, home office and luxurious primary suite, all with bay views, extend throughout the main level. There are four additional bedrooms, including one adjacent to the primary suite. The lower level features a recreation room that doubles as a home theatre complete with Dolby 7.4.2 surround sound. Lutron HomeWorks controls the automation of all window coverings as well as the new LED lighting throughout and climate control, which includes new dual-zone air conditioning. Behind the scenes, owned solar panels power the electricity, all new wiring allows for the best cell and networking service, and smart controls operate irrigation and pool equipment.

Last Agent to Sell the Property

Vicky Heron

Coldwell Banker Realty License #01389116 Listed on: 09/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Jenn Gilson

Golden Gate Sotheby's International Realty License #70010127

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1965

Lot Details

  • 0.53 Acre Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,544 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Vaulted Ceiling
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Media Room
  • Den
  • Recreation Room
  • Storage Room
  • Bay Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Concrete Kitchen Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Washer and Dryer
  • Laundry Tub

Home Security

  • Smart Home
  • Monitored
  • Fire Sprinkler System

Outdoor Features

  • Private Pool
  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Security Service

Home Details

Home Type

Single Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 4544
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Concrete, Countertop - Quartz, Dishwasher, Garbage Disposal, Island, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4544
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Service, Video / Audio System
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Wood
  • Additional Rooms: Den / Study / Office, Formal Entry, Media / Home Theater, Recreation Room, Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Sunken Tub, Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Pool Description: Yes
  • Roof: Composition
  • View: Bay
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Fenced Back
  • Pool: Pool - Heated, Pool - In Ground, Pool - Sweep

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, Parking Area

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Video / Audio System, Walk-In Closet

Lot Info

  • Lot Acres: 0.5250
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 22871.00

Green Features

  • Energy Features: Smart Home System

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Feb 23, 2021
Sold by
Babineau Michael and Babineau Lillian
Bought by
Mahdavian Mitra and Kavousian Amir Ehsan
Seller's Agent
Vicky Heron
Coldwell Banker Realty
Buyer's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
List Price
$5,995,000
Sold Price
$5,100,000
Premium/Discount to List
-$895,000
-14.93%
Current Estimated Value
$7,172,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,072,734
Avg. Annual Appreciation
7.30%
Original Mortgage
$3,570,000
Outstanding Balance
$3,200,252
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,972,482

Purchase Details

Closed on
Oct 1, 2020
Sold by
Babineau Michael and Babineau Lillian
Bought by
Babineau Michael and Babineau Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 19, 2018
Sold by
Cases Philippe and Cases Sylvaine
Bought by
Babineau Michael and Chou Lillian
Seller's Agent
Andrea Swetland
Vanguard Properties
Buyer's Agent
Paige Babineau
Berkshire Hathaway HomeServices DrysdaleProperties
List Price
$4,150,000
Sold Price
$4,500,000
Premium/Discount to List
$350,000
8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$3,150,000
Interest Rate
4.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2001
Sold by
Gallaway Carolyn E
Bought by
Cases Philippe and Cases Sylvaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahdavian Mitra $5,100,000 First American Title Company
Babineau Michael -- First American Title Company
Babineau Michael $4,500,000 Lawyers Title Co
Cases Philippe $1,890,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahdavian Mitra $3,570,000
Previous Owner Babineau Michael $350,000
Previous Owner Babineau Michael $3,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2021 02/25/21 Sold $5,100,000 -7.2% $1,122 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
10/04/2020 10/04/20 Price Changed $5,495,000 -8.3% $1,209 / Sq Ft
09/01/2020 09/01/20 For Sale $5,995,000 +33.2% $1,319 / Sq Ft
10/25/2018 10/25/18 Sold $4,500,000 +8.4% $990 / Sq Ft View Prior Sale
10/03/2018 10/03/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $4,150,000 -- $913 / 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 $68,365 $5,711,142 $3,030,809 $2,680,333
2023 $68,365 $5,488,040 $2,913,120 $2,574,920
2022 $63,157 $5,245,000 $2,856,000 $2,389,000
2021 $56,257 $4,637,552 $2,576,418 $2,061,134
2020 $55,290 $4,590,000 $2,550,000 $2,040,000
2019 $54,114 $4,500,000 $2,500,000 $2,000,000
2018 $32,319 $2,549,180 $1,251,477 $1,297,703
2017 $31,723 $2,499,198 $1,226,939 $1,272,259
2016 $30,855 $2,450,196 $1,202,882 $1,247,314
2015 $30,349 $2,413,393 $1,184,814 $1,228,579
2014 $29,551 $2,366,120 $1,161,606 $1,204,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81808612

MLSListings

APN: 030-032-130