NOT LISTED FOR SALE

Estimated Value: $2,594,000 - $3,297,843

3 Beds
2 Baths
1,820 Sq Ft
$1,592/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $3,000,000 $1,648 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $18,515/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.01 Acre Lot
  • Deck
  • Sequoia High School Rated A
  • Canyon View
  • Contemporary Architecture

About This Home

As of February 2021

Its time to see the world from a whole new vantage point. Set in the picturesque hills of Palomar Park, this remarkable property offers a huge 39,600 sq ft lot and a 3BD/2BA primary residence that will instantly stoke inspiration, clarity, and optimism. This stellar mid-century modern masterpiece features a great layout, hardwood floors, beautiful updates, and walls of windows that celebrate the stunning views and scenery from every direction. A gorgeous wraparound redwood deck adds tons of outdoor living and entertaining space and puts you in the middle of the scene-stealing setting. The absolutely charming 1BD/1BA guest cottage with a full kitchen and laundry room offers extra space for friends, family, or working from home. You're just minutes from downtown Redwood City, San Carlos, and major commute routes but you'll feel like you're living in your own private treehouse with the privacy, beauty, and room you crave!

Last Agent to Sell the Property

Bedbury Group

Golden Gate Sotheby's International Realty License #70010069 Listed on: 01/08/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Alex Wang

Rainmaker Real Estate License #01351503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,067

Year Built

  • 1951

Lot Details

  • 1.01 Acre Lot
  • South Facing Home
  • Secluded Lot
  • Lot Sloped Up
  • Sprinklers on Timer
  • Hillside Location
  • Mostly Level

Property Views

  • Canyon
  • Ridge
  • Mountain
  • Hills
  • Valley
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Parking

  • 15 Parking Spaces
  • 2 Carport Spaces
  • Electric Vehicle Home Charger
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Insulation
  • 565 SF Accessory Dwelling Unit

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,067

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R10025
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 70
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 565
  • Structure Sq Ft: 1820
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: No Family Room
  • Fireplace: Free Standing, Gas Burning, Living Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Stone, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Oven Range - Gas, Pantry, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1820
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Slate, Stone, Tile
  • Additional Rooms: Laundry Room, Storage, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Marble, Primary - Oversized Tub, Shower Over Tub - 1, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Raised
  • Roof: Flat / Low Pitch, Tar And Gravel
  • View: Canyon, Greenbelt, Hills, Mountains, Neighborhood, Ridge, Valley
  • Yard/Grounds: Balcony / Patio, Deck, Gazebo, Sprinklers - Auto, Sprinklers - Lawn
  • Property Faces: South
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 15
  • Garage Parking Features: Carport, Electric Car Hookup, Guest / Visitor Parking, Off-Street Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Existing Septic, Septic Connected, Septic Standard

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Hillside, Grade - Mostly Level, Grade - Sloped Up, Private / Secluded, Views
  • Lot Acres: 1.0101
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44000.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Insulation - Per Owner, Skylight, Tankless Water Heater, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: 1 bedroom home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 1, 2021
Sold by
Keller James B and Keller Bonnie L
Bought by
Jacobsen Morton Steen and Triplett Nell
Seller's Agent
Bedbury Group
Golden Gate Sotheby's International Realty
Buyer's Agent
Alex Wang
Rainmaker Real Estate
List Price
$2,395,000
Sold Price
$3,000,000
Premium/Discount to List
$605,000
25.26%
Current Estimated Value
$2,878,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,625
Avg. Annual Appreciation
0.02%
Original Mortgage
$2,250,000
Outstanding Balance
$2,018,164
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$984,013

Purchase Details

Closed on
Aug 27, 1999
Sold by
Critchlow Terri L
Bought by
Wiegman Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Lusignan Bruce B and Lusignan Eleanor C
Bought by
Wiegman Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 8, 1996
Sold by
Dern Dagmar L
Bought by
Dern Dagmar L and Dern James A
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
Jacobsen Morton Steen $3,000,000 Old Republic Title Company
Wiegman Michael A -- Old Republic Title Company
Wiegman Michael A $875,000 Old Republic Title Company
Dern Dagmar L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Morton Steen $2,250,000
Previous Owner Keller James B $250,000
Previous Owner Keller James B $600,000
Previous Owner Keller James $200,000
Previous Owner Wiegman Michael A $510,000
Previous Owner Lusignan Bruce B $70,000
Previous Owner Lusignan Bruce B $280,000
Previous Owner Lusignan Bruce B $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $3,000,000 +25.3% $1,648 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $2,395,000 -- $1,316 / 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 $33,067 $3,052,457 $2,359,701 $692,756
2023 $33,067 $2,933,928 $2,268,072 $665,856
2022 $31,023 $2,876,400 $2,223,600 $652,800
2021 $14,675 $1,338,024 $669,012 $669,012
2020 $14,402 $1,324,306 $662,153 $662,153
2019 $14,348 $1,298,340 $649,170 $649,170
2018 $13,971 $1,272,884 $636,442 $636,442
2017 $13,818 $1,247,926 $623,963 $623,963
2016 $13,598 $1,223,458 $611,729 $611,729
2015 $13,088 $1,205,082 $602,541 $602,541
2014 $12,836 $1,181,478 $590,739 $590,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81825074

MLSListings

APN: 051-471-060