$5,500,000
SOLD MAR 21, 2025
4 Beds
2.5 Baths
3,500 Sq Ft
0.53 Acres

Recently Sold

$1,571 Per Sq Ft

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • West Hillsborough Rated A+
  • Vaulted Ceiling
  • Jetted Tub in Primary Bathroom

About This Home

As of March 2025

This home is located at 575 Craig Rd, Hillsborough, CA 94010 and is currently priced at $5,500,000, approximately $1,571 per square foot. This property was built in 1950. 575 Craig Rd is a home located in San Mateo County with nearby schools including West Hillsborough, Crocker Middle School, and Burlingame High School.

Last Agent to Sell the Property

Debbie Elowson

Compass License #01757074 Listed on: 03/20/2025

Compass

Last Buyer's Agent

Jim Arbeed

Coldwell Banker Realty License #01060476

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,101

Year Built

  • Built in 1950

Lot Details

  • 0.53 Acre Lot
  • Mostly Level
  • Zoning described as R10025

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Built-In Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 030-033-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,101

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 3500
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Built-In, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 3500
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Tub with Jets, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 030-033-080
  • Lot Acres: 0.5337
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23250.00

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

Listed on
Mar 20, 2025
Closed on
Mar 18, 2025
Sold by
Elowson Family Trust and Elowson Deborah
Bought by
Lin Hor Family Trust and Hor
Seller's Agent
Debbie Elowson
Compass
Buyer's Agent
Jim Arbeed
Coldwell Banker Realty
Sold Price
$5,500,000
Views
11
Current Estimated Value
$5,416,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,758
Avg. Annual Appreciation
-3.43%
Original Mortgage
$4,125,000
Outstanding Balance
$4,100,330
Interest Rate
5.07%
Mortgage Type
New Conventional
Estimated Equity
$1,315,912

Purchase Details

Closed on
Dec 8, 2016
Sold by
Elowson Deborah
Bought by
Elowson Deborah

Purchase Details

Closed on
Jul 25, 2016
Sold by
Elowson Ture E and Elowson Deborah
Bought by
Elowson Deborah

Purchase Details

Closed on
Jul 19, 2016
Sold by
Elowson Ture E
Bought by
Elowson Deborah

Purchase Details

Closed on
May 2, 2005
Sold by
Elowson Ture E and Elowson Deborah
Bought by
Elowson Ture E and Elowson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2005
Sold by
Platt Richard L and Platt Joan P
Bought by
Elowson Ture E and Elowson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1999
Sold by
Sullivan James P and Sullivan Mary C
Bought by
Platt Richard L and Platt Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Boler James F and Boler Judith R
Bought by
Sullivan James P and Sullivan Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,500,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- North American Title Co
Individual Deed $2,555,000 North American Title Co
Grant Deed $1,415,000 North American Title Insuran
Interfamily Deed Transfer $995,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,125,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $411,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $971,000 Unknown
Previous Owner $1,001,000 Unknown
Previous Owner $1,000,000 No Value Available
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $5,500,000 -- $1,571 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
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 $24,101 $1,669,763 $599,934 $1,069,829
2023 $24,101 $1,604,926 $576,639 $1,028,287
2022 $22,718 $1,573,458 $565,333 $1,008,125
2021 $22,175 $1,542,607 $554,249 $988,358
2020 $21,744 $1,526,790 $548,566 $978,224
2019 $21,174 $1,496,854 $537,810 $959,044
2018 $20,504 $1,467,505 $527,265 $940,240
2017 $20,041 $1,438,731 $516,927 $921,804
2016 $19,427 $1,410,522 $506,792 $903,730
2015 $19,028 $1,389,336 $499,180 $890,156
2014 $18,495 $1,362,122 $489,402 $872,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81999086

MLSListings

APN: 030-033-080