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738 Hillcrest Way

738 Hillcrest Way, Redwood City, CA 94062
Property in Emerald Hills
Sold Jul 30, 2019
$3,470,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Sold Jun 07, 2017
$1,751,000
$1,225,700 by Mufg Union Bank Na
Mortgage Due Jul 01, 2047
738 Hillcrest Way has been categorized by the local assessors in Redwood City, CA as a residential type of property. The building on the property was first built in 1949 and is 75 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 738 Hillcrest Way has 2,928 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,191 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 800 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 738 Hillcrest Way sold most recently in Jul 27, 2019 for a total of $3,470,000. If you work out the math, that's approximately a cost of $930.79 per sqft. Before that, the property was also sold for $1,751,000 in May 30, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $40,274 in taxes each year. 738 Hillcrest Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,576,067. If we break it down further, the land itself was valued at $1,236,680. Improvements to the property, however, were assessed at a total of $2,339,387. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,191
  • Garage Type: Underground/basement
  • Garage Square Area: 800
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,728
  • Gross Building Area: 3,728
  • Building Area: 2,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS OF EMERALD LAKE NO 3
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 26 BLOCK 308 LOT 27 BLOCK 308 HIGHLANDS OF EMERALD LAKE NO 3 RSM 14/47 48 49 50

Ownership

  • Current Owner : BASOGLU MEHMET
  • Current Owner 2: BASOGLU MERVE NUR
  • Previous Owner : DUONG SCOTT L
  • Previous Owner 2: DUONG LEANNE K
  • Owner Before Previous Owner: TALBOY DEAN
  • Owner Before Previous Owner 2: SPOUSAL TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609700

Zoning

  • Zoning: RH0S18

Geography

  • Assessors Map Reference: 36-C5
  • Parcel: 068-071-060
  • Block: 308
  • Lot: 26,27
  • Latitude: 37.4626
  • Longitude: -122.267

    Address

  • Full Address: 738 Hillcrest Way
  • Address - House Number: 738
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Emerald Hills
  • Carrier Code: C019
  • 4-Digit Zip Code: 3428
  • Zip Code: 94062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,274
  • Tax Rate Code Area: 73-047

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,928,232
  • High Value: 3,577,316
  • Low Value: 2,279,147

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 30, 2019
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,576,067
  • Assessed Land Value: $1,236,680
  • Assessed Improvements Value: $2,339,387

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Transaction ID: 11635172987
  • Current Sale Price: $3,470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-059705
  • Previous Sale Recording Date: Jun 07, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $1,751,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 30, 2019
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Jun 07, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,225,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Emerald Lake Hills



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Frequently Asked Questions

What neighborhood is 738 Hillcrest Way located in?
The 738 Hillcrest Way is a located in the neighborhood of Emerald Hills in Emerald Lake Hills, Redwood City.
What is the average sales price for listings in 738 Hillcrest Way?
The average sales price for units in 738 Hillcrest Way is $0 currently.

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