NOT LISTED FOR SALE

614 Somerset Ln Foster City, CA 94404

Sea Colony Neighborhood

Estimated Value: $2,315,920 - $2,524,000

3 Beds
2.5 Baths
1,970 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $1,300,000 $660 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $14,323/month

17 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Foster City Elementary School Rated A
  • Atrium Room
  • Traditional Architecture

About This Home

As of July 2014

Rare, sought after Sea Colony rancher. Lovely 3BR/2.5 BA with office (originally designed as 4BR). Inviting entry opens to sunny atrium. Spacious LR/DR combo with fplc. Cozy family room/kitchen with fplc opens to backyard - perfect for entertaining. Elegant master suite with remodeled tile shower stall. Lustrous laminate floor throughout. Enjoy Sea Colony amenities: Pool/tennis/spa.

Last Agent to Sell the Property

Edd McKibben

Compass License #00577941 Listed on: 06/06/2014

Compass

Last Buyer's Agent

Andy Gan

Prudential California Realty License #01868784

Prudential California Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,076

Year Built

  • Built in 1979

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Garden Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Atrium Room
  • Storage Room
  • Neighborhood Views
  • Security System Owned
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Low Flow Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Thermostat
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 094-884-110

Community Details

Overview

  • Property has a Home Owners Association
  • Sea Colony Association

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,076

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 35
  • Sale Price Per Sq Ft: 659.90
  • Listing Class: Residential
  • Structure Sq Ft: 1970
  • Incorporated: Yes
  • Map Book Page: 749
  • Map Side Coordinate: 5
  • Map Top Coordinate: G
  • Thomas Bros Page: 749
  • Thomas Brothers: G5
  • Year Built: 1979
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In
  • Living Sq Ft: 1970
  • Stories: 1
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Laminate, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Formal Entry, Atrium, Attic, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa - Community Facility, In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 156
  • HOA Amenities: Tennis Court / Facility
  • H O A Name Text: Sea Colony
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Garden Window, High Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • School District: San Mateo Union High
  • Elementary School: Foster City Elementary
  • Middle School: Bowditch Middle
  • Elementary School: 631
  • Middle School: 611

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 094-884-110
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 674.52
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown, Low Flow Shower, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Foster City Elementary
  • Middle School Text: Bowditch Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 15, 2014
Sold by
Petsche Raymond Joseph and Yakushi Susan Michi
Bought by
Cheng Hong and Yu Chun
Seller's Agent
Edd McKibben
Compass
Buyer's Agent
Andy Gan
Prudential California Realty
List Price
$1,328,800
Sold Price
$1,300,000
Premium/Discount to List
-$28,800
-2.17%
Current Estimated Value
$2,448,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,148,730
Avg. Annual Appreciation
5.77%
Original Mortgage
$975,000
Outstanding Balance
$693,830
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,754,900

Purchase Details

Closed on
Oct 24, 1996
Sold by
Grieco Mark V and Grieco Joanne M
Bought by
Petsche Raymond Joseph and Petsche Susan Michi Yakushi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.62%

Purchase Details

Closed on
Jun 15, 1996
Sold by
Grieco Mark V
Bought by
Grieco Mark and Grieco Joanne M
Source: Public Records

Range of Values:

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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
Cheng Hong $1,300,000 Fidelity National Title Co
Petsche Raymond Joseph $474,000 Commonwealth Land Title Co
Grieco Mark -- --
Grieco Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Hong $975,000
Previous Owner Petsche Raymond Joseph $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $1,300,000 -2.2% $660 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,328,800 -- $675 / 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 $18,076 $1,562,398 $781,199 $781,199
2023 $18,076 $1,501,730 $750,865 $750,865
2022 $17,472 $1,472,286 $736,143 $736,143
2021 $17,248 $1,443,418 $721,709 $721,709
2020 $16,773 $1,428,618 $714,309 $714,309
2019 $15,889 $1,400,606 $700,303 $700,303
2018 $15,315 $1,373,144 $686,572 $686,572
2017 $15,143 $1,346,220 $673,110 $673,110
2016 $15,039 $1,319,824 $659,912 $659,912
2015 $14,691 $1,300,000 $650,000 $650,000
2014 $7,190 $629,754 $314,877 $314,877
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Edd McKibben

    Compass

    Section Image

  • A

    Buyer's Agent in 2014

    Andy Gan

    Prudential California Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81420128

MLSListings

APN: 094-884-110

California San Mateo County Foster City 94404 Sea Colony

614 Somerset Ln, Foster City, CA

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