Seller's Agent in 2023
Daniel Cheng
eXp Realty of California Inc
(650) 627-3700
1 in this area
76 Total Sales
20 Tea Tree Ct Hillsborough, CA 94010
Skyfarm NeighborhoodEstimated Value: $4,869,000 - $5,419,000
5
Beds
3.5
Baths
3,380
Sq Ft
$1,525/Sq Ft
Est. Value
Highlights
- Jetted Soaking Tub in Primary Bathroom
- 2 Fireplaces
- Bathroom on Main Level
- West Hillsborough Rated A+
- Formal Dining Room
- Forced Air Heating and Cooling System
About This Home
As of March 2023This beautiful home in the Skyfarm neighborhood of Hillsborough features an over 25k sq ft lot w/a lush garden perfect for enjoying the sun. Inside, you'll find a tastefully updated interior where you and your loved ones will live in the lap of luxury. Entertaining is a pleasure in the great room which offers an open floor plan and includes a family room/kitchen w/high end appliances such as a Sub-Zero refrigerator and Bertazzoni range. Wakeup to the vast primary suite on the garden level which has beautiful greenery everywhere you look. The formal dining room also flows nicely to the living room with the open concept this home provides. The upstairs contains 4 bedrooms & 2 full baths, one of them being another primary suite w/a balcony overlooking the front of the home. Let your troubles melt away with the serene views of the bay and San Mateo Bridge which you can see from two of the bedrooms in the upper floor. Start your new life in this beautiful home today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,641
Year Built
- Built in 1974
Lot Details
- 0.58 Acre Lot
- Zoning described as R10025
Parking
- 3 Car Garage
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,380 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Circular Fireplace
- Wood Burning Fireplace
- Separate Family Room
- Formal Dining Room
- Alarm System
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Sinks
- Jetted Soaking Tub in Primary Bathroom
- Bathtub
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 028-373-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2023
Closed on
Feb 23, 2023
Sold by
Cheng Daniel K and Cheng Annie S
Bought by
Wu Zuo Family Trust
Seller's Agent
Daniel Cheng
eXp Realty of California Inc
Buyer's Agent
Steven Tam
eXp Realty of Northern CA Inc.
List Price
$3,900,000
Sold Price
$4,450,000
Premium/Discount to List
$550,000
14.1%
Total Days on Market
14
Views
220
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,532
Avg. Annual Appreciation
7.19%
Original Mortgage
$750,000
Outstanding Balance
$726,100
Interest Rate
4.95%
Mortgage Type
New Conventional
Estimated Equity
$4,429,432
Purchase Details
Listed on
Oct 18, 2019
Closed on
Nov 22, 2019
Sold by
Chao Derrick
Bought by
Cheng Daniel K and Cheng Annie S
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$3,680,000
Sold Price
$3,350,000
Premium/Discount to List
-$330,000
-8.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,515,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Jul 6, 2015
Closed on
Sep 4, 2015
Sold by
Shih Elizabeth
Bought by
Chao Derrick
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$2,680,000
Sold Price
$2,500,000
Premium/Discount to List
-$180,000
-6.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,500,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wu Zuo Family Trust | $4,450,000 | Doma Title | |
| Cheng Daniel K | $3,350,000 | Orange Coast Ttl Co Of Nocal | |
| Chao Derrick | $2,500,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Zuo Family Trust | $750,000 | |
| Previous Owner | Cheng Daniel K | $1,000 | |
| Previous Owner | Cheng Daniel K | $1,515,000 | |
| Previous Owner | Cheng Daniel K | $1,500,000 | |
| Previous Owner | Chao Derrick | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2023 03/13/23 | Sold | $4,450,000 | +14.1% | $1,317 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 01/31/2023 01/31/23 | For Sale | $3,900,000 | +16.4% | $1,154 / Sq Ft |
| 11/26/2019 11/26/19 | Sold | $3,350,000 | -9.0% | $991 / Sq Ft |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- |
| 10/18/2019 10/18/19 | For Sale | $3,680,000 | +47.2% | $1,089 / Sq Ft |
| 09/10/2015 09/10/15 | Sold | $2,500,000 | -6.7% | $740 / Sq Ft |
| 07/23/2015 07/23/15 | Pending | -- | -- | -- |
| 07/06/2015 07/06/15 | For Sale | $2,680,000 | -- | $793 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $56,641 | $3,521,447 | $2,627,946 | $893,501 |
| 2022 | $43,374 | $3,452,400 | $2,576,418 | $875,982 |
| 2021 | $42,461 | $3,384,706 | $2,525,900 | $858,806 |
| 2020 | $41,710 | $3,350,000 | $2,500,000 | $850,000 |
| 2019 | $33,902 | $2,653,018 | $2,416,369 | $236,649 |
| 2018 | $32,882 | $2,600,999 | $2,368,990 | $232,009 |
| 2017 | $32,279 | $2,550,000 | $2,322,540 | $227,460 |
| 2016 | $31,399 | $2,500,000 | $2,277,000 | $223,000 |
| 2015 | $8,986 | $467,830 | $74,955 | $392,875 |
| 2014 | $8,083 | $458,667 | $73,487 | $385,180 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Cheng
-
S
Buyer's Agent in 2023
Steven Tam
eXp Realty of Northern CA Inc.
-
Stanley Lo
Seller's Agent in 2019
Stanley Lo
Green Banker Realty
(650) 222-1045
10 in this area
398 Total Sales
Map
Similar Homes in the area
Source: MLSListings
MLS Number: ML81917573
APN: 028-373-060
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