NOT LISTED FOR SALE

1215 La Cumbre Rd Hillsborough, CA 94010

Estimated Value: $7,022,000 - $11,453,001

8 Beds
8 Baths
7,789 Sq Ft
$1,106/Sq Ft Est. Value

About This Home

This home is located at 1215 La Cumbre Rd, Hillsborough, CA 94010 and is currently estimated at $8,617,750, approximately $1,106 per square foot. 1215 La Cumbre Rd is a home located in San Mateo County with nearby schools including North Hillsborough School, Crocker Middle School, and San Mateo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2023
Sold by
Cgi Development Group Llc
Bought by
Cgi Development Group Llc
Current Estimated Value
$8,617,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,520,000
Outstanding Balance
$6,329,606
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$2,221,308

Purchase Details

Closed on
Aug 12, 2022
Sold by
Shan Li Trust
Bought by
Cgi Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,640,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2017
Sold by
Lam P C
Bought by
Li Shan

Purchase Details

Closed on
Mar 15, 2013
Sold by
Lam Poon Chung
Bought by
Lam P C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2008
Sold by
Lam P C
Bought by
Lam P C

Purchase Details

Closed on
Jan 20, 2005
Sold by
Lam P C and Lam Margaret
Bought by
Lam P C and Lam Margaret

Purchase Details

Closed on
Jul 1, 2003
Sold by
Lam P C and Lam Margaret
Bought by
Lam P C and Lam Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1997
Sold by
Lam P C P and Lam Margaret
Bought by
Lam P C and Lam Margaret
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cgi Development Group Llc -- Chicago Title Company
Cgi Development Group Llc $7,140,000 First American Title
Li Shan $4,750,000 Old Republic Title Company
Lam P C -- Accommodation
Lam Poon Chung -- Lsi Title Agency Inc
Lam P C -- None Available
Lam P C -- --
Lam P C -- First American Title Company
Lam P C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cgi Development Group Llc $6,520,000
Previous Owner Cgi Development Group Llc $5,640,000
Previous Owner Lam Poon Chung $275,000
Previous Owner Lam P C $500,000
Previous Owner Lam P C $575,000
Previous Owner Lam P C $715,000
Source: Public Records

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 $89,000 $7,784,456 $4,577,760 $3,206,696
2023 $89,000 $7,266,000 $4,400,000 $2,866,000
2022 $67,482 $5,638,470 $3,499,666 $2,138,804
2021 $64,778 $5,404,384 $3,431,046 $1,973,338
2020 $63,678 $5,348,969 $3,395,865 $1,953,104
2019 $62,256 $5,244,088 $3,329,280 $1,914,808
2018 $61,664 $5,253,000 $3,264,000 $1,989,000
2017 $19,638 $1,401,933 $377,491 $1,024,442
2016 $18,382 $1,374,445 $370,090 $1,004,355
2015 $18,007 $1,353,800 $364,531 $989,269
2014 $18,114 $1,327,282 $357,391 $969,891
Source: Public Records

Map

California San Mateo County Hillsborough 94010

1215 La Cumbre Rd, Hillsborough, CA

This home is located at 1215 La Cumbre Rd, Hillsborough, CA 94010 and is currently estimated at $8,617,750, approximately $1,106 per square foot. 1215 La Cumbre Rd is a home located in San Mateo County with nearby schools including North Hillsborough School, Crocker Middle School, and San Mateo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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