NOT LISTED FOR SALE

Estimated Value: $1,663,396 - $1,821,000

4 Beds
3 Baths
3,480 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,800,000 $517 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,427/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • 1.36 Acre Lot
  • Private Lot
  • Vallecito Elementary School Rated A-
  • Maid or Guest Quarters
  • Living Room with Fireplace

About This Home

As of October 2024

Exclusively sited on a 1+ acre site with hillside views, this unspoiled, mid-century vintage home offers unending possibilities for modernization or the fabrication of your new Dream Home.'' Originally constructed in 1960 and occupied by the original owners, it has remained true to its original design and therefore is a prime candidate for a modernizing transformation. Over the years, the owners added the lower level with a separate entrance, ideal for an ADU, home office, or guest quarters. The potential for development presents itself to the new owner to optionally increase exposure, view, size, orientation and landscaping on the gorgeous private, spacious grounds so cherished by those who seek and inhabit the pastoral, peaceful Los Ranchitos'', long appreciated for its large lots and easy life-style. Enjoy mild summer nights on the various patios and level zones, encompassing the generous parcel, tucked away in a private setting. There are 3+ bedrooms 2 baths, a formal step- down living room, kitchen/family room combination, each with a floor to ceiling concrete fireplace, servicing both areas. There is a laundry room, and outdoor access to decks and the expansive grounds.

Last Listed By

Marcus Robinson

Coldwell Banker Realty License #00609415 Listed on: 09/25/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,201

Year Built

  • Built in 1960

Lot Details

  • 1.36 Acre Lot
  • Landscaped
  • Private Lot
  • Secluded Lot

Property Views

  • Woods
  • Hills

Home Design

  • Fixer Upper
  • Concrete Foundation

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • 2 Carport Spaces
  • No Garage
  • Gravel Driveway

Additional Features

  • Covered patio or porch
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 179-261-60

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,201

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Interior Amenities: Formal Entry, Skylight(s)
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Attached, Detached
  • Directions To Property: N. San Pedro Rd., to Los Ranchitos Rd., to Glenside Way
  • Lot Size Acres: 1.3590
  • Levels: Two
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Cook Top
  • Number Of Fireplaces: 2
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Family Combo, Space in Kitchen
  • Living Room Features: Sunken, View
  • Flooring: Carpet, Concrete, Linoleum, Tile, Vinyl
  • Square Footage: 3480.00
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3
  • Family Room Features: View
  • Fireplace Features: Family Room, Living Room
  • Kitchen Features: Breakfast Area, Kitchen/Family Combo, Laminate Counter
  • Room Type: Family Room, Great Room, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Storage
  • Lower Level: Bedroom(s), Family Room, Full Bath(s), Kitchen, Living Room
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Construction Materials: Concrete, Wood
  • Foundation: Concrete
  • Lot Features: Landscape Misc, Private, Secluded
  • Property Condition: Fixer, Original
  • Patio And Porch Features: Covered Patio
  • View: Hills, Woods

Garage/Parking

  • Parking Features: No Garage, Uncovered Parking Space
  • Total Parking Spaces: 10.00
  • Carport Spaces: 2.00
  • OpenParkingSpaces: 8.00
  • Driveway/Sidewalks: Gravel

Utilities

  • Cooling: See Remarks
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Lot Info

  • Assessor Parcel Number: 179-261-60
  • Lot Size Sq Ft: 59198.00

Building Info

  • Year Built: 1960

Multi Family

  • Second Unit Bedrooms: 1
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 15, 2024
Sold by
Smith Brian Kendall and Smith Bruce Kendall
Bought by
Mcgillan Glen and Mcgillan Rusul
Seller's Agent
Marcus Robinson
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,800,000
Premium/Discount to List
$205,000
12.85%
Total Days on Market
7
Views
13
Current Estimated Value
$1,745,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,151
Avg. Annual Appreciation
-4.87%
Original Mortgage
$1,440,000
Outstanding Balance
$1,435,578
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$318,271

Purchase Details

Closed on
Sep 14, 2023
Sold by
Smith Robert Warren
Bought by
Mercurio Kristin Suzanne

Purchase Details

Closed on
Jun 26, 2021
Sold by
Smith Robert W
Bought by
Smith Bruce Kendall and Mercurio Kristin Suzanne

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
Mcgillan Glen $1,800,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgillan Glen $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,800,000 +12.9% $517 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $1,595,000 -- $458 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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
2024 $8,201 $486,946 $128,802 $358,144
2023 $5,699 $273,928 $72,457 $201,471
2022 $5,440 $268,558 $71,036 $197,522
2021 $5,181 $263,292 $69,643 $193,649
2020 $5,093 $260,593 $68,929 $191,664
2019 $4,745 $255,485 $67,578 $187,907
2018 $4,664 $250,475 $66,253 $184,222
2017 $4,355 $245,565 $64,954 $180,611
2016 $4,247 $240,751 $63,681 $177,070
2015 $4,088 $237,121 $62,719 $174,402
2014 $3,804 $232,477 $61,491 $170,986
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324076119

Bay Area Real Estate Information Services (BAREIS)

APN: 179-261-60