NOT LISTED FOR SALE

703 Lakemead Way Emerald Hills, CA 94062

Estimated Value: $2,819,000 - $6,127,158

4 Beds
3 Baths
1,800 Sq Ft
$2,707/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $2,025,500 $1,125 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $32,162/month

60 Days on Market

Highlights

  • In Ground Pool
  • Bay View
  • Deck
  • Roy Cloud Elementary School Rated A-
  • 0.63 Acre Lot
  • Contemporary Architecture

About This Home

As of February 2017

Chance of a lifetime to own a home with panoramic views in a high demand neighborhood. Room to do almost any upgrade or a completely new mansion!

Last Listed By

Frank Frisella

RE/MAX Gold Redwood Shores. License #00308204 Listed on: 12/07/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,712

Year Built

  • Built in 1949

Lot Details

  • 0.63 Acre Lot
  • Wood Fence
  • Mostly Level
  • Grass Covered Lot
  • Back Yard
  • Zoning described as RH0S18

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Uncovered Parking
  • Off-Street Parking
  • Off-Site Parking

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Workshop

Kitchen

  • No Kitchen Appliances
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 068-091-330 & 068-091-290

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,712

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Property Condition: Fixer Upper
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1800
  • Year Built: 1949
  • Zoning Description: RH0S18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Ceramic, Countertop - Tile, Garbage Disposal, No Appliances
  • Living Sq Ft: 1800
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Concrete
  • Additional Rooms: Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - In Ground
  • Roof: Composition
  • View: Bay, City, City Lights, Panoramic
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Deck, Low Maintenance, Storage Shed / Structure
  • Horse Property: Possible
  • Pool: Yes
  • Fencing: Wood
  • Horse Property Description: Unimproved
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Site Parking, Off-Street Parking, Room for Oversized Vehicle, Uncovered Parking, Workshop in Garage

Utilities

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

Schools

  • School District: Sequoia Union High
  • High School: Sequoia High
  • High School: 674

Lot Info

  • Lot Description: Additional Land Available, Grade - Mostly Level, Unknown, Views
  • Parcel Number: 068-091-330 & 068-091-290
  • Lot Acres: 0.6300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27442.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27442.80
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Sequoia High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Nikolich Karoly and Nikolich Eva
Bought by
Nikolich Karoly and Nikolich Eva
Total Days on Market
60
Current Estimated Value
$4,871,719

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 10, 2017
Sold by
Mancini Lisa and Estate Of Michael B Kowtko
Bought by
Nikolich Karoly and Nikolich Eva
Seller's Agent
Frank Frisella
RE/MAX Gold Redwood Shores.
Buyer's Agent
Kevin Wakelin
Compass
List Price
$1,899,000
Sold Price
$2,025,500
Premium/Discount to List
$126,500
6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Jun 20, 2016
Sold by
Kowtko Antonia
Bought by
The San Mateo County Public Administrato

Purchase Details

Closed on
Mar 31, 2000
Sold by
Kowtko Antonia
Bought by
Kowtko Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
8.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 8, 1995
Sold by
Cortenbach Raymond R and Cortenbach Ellen V
Bought by
Kowtko Michael Bennett and Kowtko Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.62%

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
Nikolich Karoly -- None Available
Nikolich Karoly $2,025,500 Lawyers Title Company
The San Mateo County Public Administrato -- None Available
Kowtko Michael B -- North American Title Co
Kowtko Michael Bennett $507,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kowtko Michael B $535,000
Previous Owner Kowtko Michael B $524,000
Previous Owner Kowtko Michael Bennett $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $2,025,500 +6.7% $1,125 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $1,899,000 -- $1,055 / 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
2023 $58,712 $5,040,717 $1,952,157 $3,088,560
2022 $55,059 $4,941,880 $1,913,880 $3,028,000
2021 $37,981 $3,329,793 $1,876,353 $1,453,440
2020 $31,668 $2,765,514 $1,857,114 $908,400
2019 $25,009 $2,123,700 $1,820,700 $303,000
2018 $24,141 $2,066,010 $1,785,000 $281,010
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Frank Frisella

    RE/MAX

  • K

    Buyer's Agent in 2017

    Kevin Wakelin

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81633432

MLSListings

APN: 068-091-440

California San Mateo County Emerald Hills 94062

703 Lakemead Way, Emerald Hills, CA

Homes for Sale in Emerald Hills, CA

This home is located at 703 Lakemead Way, Emerald Hills, CA 94062 since 07 December 2016 and is currently estimated at $4,871,719, approximately $2,706 per square foot. This property was built in 1949. 703 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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