NOT LISTED FOR SALE

Estimated Value: $2,744,000 - $3,372,000

4 Beds
2 Baths
2,070 Sq Ft
$1,500/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $2,500,000 $1,208 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $19,456/month

8 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Soaking Tub in Primary Bathroom
  • Brittan Acres Elementary School Rated A
  • Deck
  • 5-minute walk to Burton Park

About This Home

As of October 2020

Perched on a small knoll just above Burton Park and a half mile to downtown San Carlos, this updated expansive home offers style, grace, and comfort all in one. An updated designer kitchen is the hub of the open floor plan, with plenty of room to prepare and host guests in a bright and sunny space. Flow through the dining area into the expansive yard with decking, dining, and daydreaming. Sit on the swing while and listen to the gentle waterfall, or watch kids play in the low maintenance, high impact yard. An outdoor fireplace warms the cool evenings, and the central air conditioning cools off the hot summer days. Inside you'll find oversized bedrooms, gleaming refinished hardwood floors, and windows capturing views of the area. A friendly and welcoming neighborhood sits just outside the private oasis and features nearby top rated schools and award winning restaurants. Minutes to everything but a world away, just about the perfect place to be.

Last Agent to Sell the Property

Brian Ayer

Golden Gate Sotheby's International Realty License #01870281 Listed on: 08/31/2020

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Fred Glick

Arrivva, Inc. License #01507615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,060

Year Built

  • 1947

Lot Details

  • 5,293 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,070 Sq Ft Home
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,060

Year Built

1947

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 2070
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Oven - Built-In, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2070
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, In Utility Room, Inside, Washer
  • Flooring: Hardwood
  • Additional Rooms: Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Oversized Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Fire Pit, Outdoor Fireplace
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Brittan Acres Elementary
  • Middle School: Central Middle
  • High School: Sequoia High
  • High School: 674
  • Elementary School: 613
  • Middle School: 619

Lot Info

  • Lot Acres: 0.1215
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5292.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5292.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 15, 2020
Sold by
Schwaab William T and Schwaab Cynthia A
Bought by
Kapoor Revant and Srivastava Shraiya
Seller's Agent
Brian Ayer
Golden Gate Sotheby's International Realty
Buyer's Agent
Fred Glick
Arrivva, Inc.
List Price
$2,298,000
Sold Price
$2,500,000
Premium/Discount to List
$202,000
8.79%
Current Estimated Value
$3,104,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,350
Avg. Annual Appreciation
4.54%
Original Mortgage
$2,000,000
Outstanding Balance
$1,769,897
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,334,453

Purchase Details

Closed on
Sep 17, 2015
Sold by
Schwaab William T and Schwaab Cynthia A
Bought by
The Schwaab Family Trust and Schwaab Cynthia A

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
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2007
Sold by
Schwaab William T and Schwaab Cynthia A
Bought by
Schwaab William T and Schwaab Cynthia A

Purchase Details

Closed on
Aug 4, 2000
Sold by
Runkel Richard W and Runkel Anne E
Bought by
Schwaab William T and Schwaab Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
7.87%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Mathis Jordan Reed
Bought by
Runkel Richard William and Runkel Anne Elizabeth

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
7.12%

Purchase Details

Closed on
Nov 10, 1995
Sold by
Mathis Tammy Sue
Bought by
Mathis Jordan Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,715
Interest Rate
9.35%
Mortgage Type
Assumption

Purchase Details

Closed on
Oct 30, 1995
Sold by
Mathis Jordan Reed
Bought by
Mathis Jordan Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,715
Interest Rate
9.35%
Mortgage Type
Assumption
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
Kapoor Revant $2,500,000 Orange Coast Ttl Co Of Nocal
The Schwaab Family Trust -- Chicago Title Company
Schwaab William T -- Chicago Title Company
Schwaab William T -- None Available
Schwaab William T $929,000 Chicago Title Insurance Co
Runkel Richard William $400,000 Chicago Title Co
Mathis Jordan Reed -- Stewart Title
Mathis Jordan Reed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Revant $2,000,000
Previous Owner Schwaab William T $1,411,750
Previous Owner Schwaab William T $1,000,000
Previous Owner Schwaab William T $250,000
Previous Owner Schwaab William T $150,000
Previous Owner Schwaab William T $765,000
Previous Owner Schwaab William T $635,000
Previous Owner Schwaab William T $100,000
Previous Owner Schwaab William T $635,000
Previous Owner Schwaab William T $100,000
Previous Owner Schwaab William T $634,900
Previous Owner Schwaab William T $625,000
Previous Owner Schwaab William T $625,000
Previous Owner Runkel Richard William $80,000
Previous Owner Runkel Richard William $416,499
Previous Owner Runkel Richard William $360,000
Previous Owner Mathis Jordan Reed $70,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $2,500,000 +8.8% $1,208 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $2,298,000 -- $1,110 / 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 $32,060 $2,736,251 $1,894,256 $841,995
2023 $32,060 $2,630,000 $1,820,700 $809,300
2022 $29,769 $2,550,000 $1,785,000 $765,000
2021 $29,395 $2,500,000 $1,750,000 $750,000
2020 $15,912 $1,279,980 $639,990 $639,990
2019 $15,657 $1,254,884 $627,442 $627,442
2018 $15,249 $1,230,280 $615,140 $615,140
2017 $15,059 $1,206,158 $603,079 $603,079
2016 $14,753 $1,182,508 $591,254 $591,254
2015 $14,701 $1,164,746 $582,373 $582,373
2014 $14,301 $1,141,932 $570,966 $570,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81807148

MLSListings

APN: 050-293-040