tomo logo

$7,988,000

Beds
6
Baths
7.0
sq ft
4,889

1225 La Cumbre Rd, Hillsborough, CA 94010

1225 La Cumbre Rd

Hillsborough, CA 94010

  • 2 days on market
    • Open house Sep 21
This Hillsborough estate is a true masterpiece of contemporary design and craftsmanship. Nearly 5,700 sf of total living space. Spanning three levels, the home is filled with exquisite details and premium materials, with a bold use of glass that floods every corner with natural light. A magnificent great room, a gourmet kitchen, and an inviting family room provide ideal venues for both entertaining and daily life. Designed for seamless indoor/outdoor living, glass walls fully retract to reveal five-star grounds with an infinity pool, an outdoor kitchen, and patio space. Each bedroom is en suite, with the stunning primary suite boasting a fireplace and a private balcony, while the detached guest home provides an additional bedroom and bathroom. Conveniently close to downtown Burlingame, a prestigious country club, parks, SFO, and commute options. Additionally, families will appreciate access to top-rated public schools and nearby private institutions (buyer to verify eligibility).

Details

Property type

Single Family Residence

Est. home value

$7,479,839

Lot size

0.4995 acres

Price per sq ft

$1,634

Year built

2018

Price History

09/16/2024
BridgeMLS

BridgeMLS #ML81980486

Listed
$7,988,000
+32.03%
04/12/2019
MLSL

MLSL #ML81742081

Sold
$6,050,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Mateo Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Silicon Valley Bank

Loan start date

April 2019

Original loan amount

$4,550,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Mohamad H Makhzoumi and Katherine Makhzoumi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 10:05 AM

Listing updated: 09/18/2024 at 6:32 PM

Listed by: Deleon Team, Deleon Realty Phone #: (650) 543-8500

MLS: BridgeMLS #ML81980486

BridgeMLS logo

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