NOT LISTED FOR SALE

1005 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $4,511,000 - $4,873,000

5 Beds
4.5 Baths
3,168 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $2,115,000 $668 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $29,161/month

24 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Traditional Architecture
  • Roosevelt Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of August 2012

Reduced Price for this pristine 5 BR, 4.5 BA home perfectly located at the intersection of Burlingame's Easton Addition and Hillsborough's Newhall Manor. Situated on a slightly oversized lot, this wonderful home features 3 bedroom suites, including the private guest suite on the main level. Kitchen/family room combo. High ceilings with dentil moldings,2 car garage, and sparkling pool.

Last Agent to Sell the Property

John Sabol

Coldwell Banker Realty License #01337829 Listed on: 05/23/2012

Coldwell Banker Realty

Last Buyer's Agent

Jerylann Mateo

Compass License #01362250

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,522

Year Built

  • Built in 1996

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R100

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Security System Owned

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • In Ground Pool
  • Outdoor Pool
  • Pool Cover

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Barbecue Area

Listing and Financial Details

  • Assessor Parcel Number 026-185-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,522

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Sale Price Per Sq Ft: 667.61
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3168
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 728
  • Thomas Brothers: E6
  • Year Built: 1996
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Ovens - 2+, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3168
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Storage
  • Maximum Bathrooms: 5
  • Minimum Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: In Ground Concrete, Pool - Cover, Pool - Yes
  • Roof: Tile
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Heating - 2+ Zones, Gas - Natural, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 026-185-110
  • List Price per Sq Ft: 677.08
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Unknown, Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Reed Mike and Reed Kate
Bought by
Eugene And Lauren Lee Family Trust
Current Estimated Value
$4,727,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,350,087
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$2,377,256

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 31, 2012
Sold by
Cunningham Gordon and Braid Fiona
Bought by
Reed Mike and Reed Kate
Seller's Agent
John Sabol
Coldwell Banker Realty
Buyer's Agent
Jerylann Mateo
Compass
List Price
$2,195,000
Sold Price
$2,115,000
Premium/Discount to List
-$80,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Mountanos Melanie P
Bought by
Cunningham Gordon and Braid Fiona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,348,750
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1998
Sold by
Mountanos Michael
Bought by
Mountanos Melanie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Eugene And Lauren Lee Family Trust $4,400,000 New Title Company Name
Reed Mike $2,115,000 First American Title Company
Cunningham Gordon $2,075,000 First American Title Company
Mountanos Melanie P -- Fidelity National Title Co
Mountanos Melanie P $1,050,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eugene And Lauren Lee Family Trust $2,500,000
Previous Owner Cunningham Gordon $1,348,750
Previous Owner Mountanos Melanie P $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2012 08/06/12 Sold $2,115,000 -1.4% $668 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
06/14/2012 06/14/12 Price Changed $2,145,000 -2.3% $677 / Sq Ft
05/23/2012 05/23/12 For Sale $2,195,000 -- $693 / Sq Ft
Source: MLSListings

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 $51,522 $4,669,314 $2,610,571 $2,058,743
2023 $51,522 $3,830,000 $2,141,000 $1,689,000
2022 $27,960 $2,454,240 $1,227,120 $1,227,120
2021 $28,001 $2,406,118 $1,203,059 $1,203,059
2020 $27,420 $2,381,448 $1,190,724 $1,190,724
2019 $26,807 $2,334,754 $1,167,377 $1,167,377
2018 $26,296 $2,288,976 $1,144,488 $1,144,488
2017 $26,104 $2,244,096 $1,122,048 $1,122,048
2016 $25,146 $2,200,096 $1,100,048 $1,100,048
2015 $25,036 $2,167,050 $1,083,525 $1,083,525
2014 $24,671 $2,124,602 $1,062,301 $1,062,301
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Sabol

    Coldwell Banker Realty

    Section Image
  • Jerylann Mateo

    Buyer's Agent in 2012

    Jerylann Mateo

    Compass

    (650) 743-7895

    76 Total Sales

    Jerylann Mateo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81219466

MLSListings

APN: 026-185-110

California San Mateo County Burlingame 94010 Easton Addition

1005 Drake Ave, Burlingame, CA

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