NOT LISTED FOR SALE

1025 Paloma Ave Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $1,824,099 - $2,556,000

4 Beds
4 Baths
1,750 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $1,225,000 $700 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,350/month

Highlights

  • Guest House
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub
  • Roosevelt Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Paloma Playground

About This Home

As of November 2012

Fantastic home in Burlingame Terrace. Large living rm and dining rm w/ fireplace & hardwood flrs. Remodeled gourmet kitchen with breakfast rm, 3 bedrooms with their own bathrooms including the master suite w/ Jacuzzi tub, walk-in closet & vaulted ceilings. Huge bonus includes a detached legal Cottage w/ granite countertops, slate tile bathroom & separate entrance with patio; can be a great rental!

Last Agent to Sell the Property

Dan Gilmartin

Gilmartin Group License #01220872 Listed on: 08/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,941

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R200

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Neighborhood Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Patio
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 026-213-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,941

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 92
  • Sale Price Per Sq Ft: 700.00
  • Listing Class: Residential
  • Structure Sq Ft: 1750
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 728
  • Thomas Brothers: E6
  • Year Built: 1920
  • Zoning Description: R200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Living Sq Ft: 1750
  • Stories: 1
  • Flooring: Tile, Hardwood
  • Additional Rooms: Guest House
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: San Mateo Union High
  • Middle School: Burlingame Intermediate
  • Middle School: 675

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 026-213-060
  • List Price per Sq Ft: 696.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5750.00
  • Lot Size Area Min Search: 5750.00
  • Maximum Lot Size: 5750.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2016
Sold by
Patki Mahesh Y and Brown Brian C
Bought by
The Mahesh Patki Ang Brian Brown Revocab and Brown Brian
Current Estimated Value
$2,240,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Outstanding Balance
$484,735
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$1,805,712

Purchase Details

Closed on
Oct 29, 2014
Sold by
Patki Mahesh and Brown Brian
Bought by
Patki Mahesh and Liv Brian Brown Revocable

Purchase Details

Closed on
Nov 5, 2013
Sold by
Patki Mahesh Y and Brown Brian C
Bought by
Patki Mahesh Y and Brown Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 4, 2012
Sold by
Patki Mahesh Y and Brown Brian C
Bought by
Patki Mahesh Y and Brown Brian C
Seller's Agent
Dan Gilmartin
Gilmartin Group
List Price
$1,218,000
Sold Price
$1,225,000
Premium/Discount to List
$7,000
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$934,000
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 2, 2012
Sold by
Lee Nancy and Rosario Joe
Bought by
Patki Mahesh Y and Brown Brian C
Seller's Agent
Dan Gilmartin
Gilmartin Group
List Price
$1,218,000
Sold Price
$1,225,000
Premium/Discount to List
$7,000
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,000
Interest Rate
3.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2009
Sold by
Lee Nancy and Lee Nancy K
Bought by
Lee Nancy and Rosario Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2003
Sold by
Bean Bruce H and Bean Pamela J
Bought by
Lee Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2000
Sold by
Robert Pilston David
Bought by
Bean Bruce H and Bean Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
The Mahesh Patki Ang Brian Brown Revocab -- First American Title Company
Patki Mahesh Y -- First American Title Company
Patki Mahesh -- None Available
Patki Mahesh -- None Available
Patki Mahesh Y -- Old Republic Title Company
Patki Mahesh Y -- First American Title Company
Patki Mahesh Y $1,225,000 First American Title Company
Lee Nancy -- First American Title
Lee Nancy K $625,000 Old Republic Title Company
Bean Bruce H $660,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patki Mahesh $200,000
Open Patki Mahesh Y $605,000
Closed Patki Mahesh Y $622,500
Closed Patki Mahesh Y $934,000
Previous Owner Lee Nancy $413,000
Previous Owner Lee Nancy $417,000
Previous Owner Lee Nancy K $500,000
Previous Owner Lee Nancy K $500,000
Previous Owner Bean Bruce H $500,000
Closed Lee Nancy K $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $1,225,000 +0.6% $700 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $1,218,000 -- $696 / 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 $16,941 $1,508,486 $754,243 $754,243
2023 $16,941 $1,449,910 $724,955 $724,955
2022 $16,338 $1,421,482 $710,741 $710,741
2021 $16,358 $1,393,610 $696,805 $696,805
2020 $16,018 $1,379,322 $689,661 $689,661
2019 $15,663 $1,352,278 $676,139 $676,139
2018 $15,365 $1,325,764 $662,882 $662,882
2017 $15,251 $1,299,770 $649,885 $649,885
2016 $14,777 $1,274,286 $637,143 $637,143
2015 $14,624 $1,255,146 $627,573 $627,573
2014 $14,411 $1,230,560 $615,280 $615,280
Source: Public Records

Agents Affiliated with this Home

  • Dan Gilmartin

    Seller's Agent in 2012

    Dan Gilmartin

    Gilmartin Group

    (650) 348-2020

    1 in this area

    47 Total Sales

    Dan Gilmartin
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Map

Source: MLSListings

MLS Number: ML81235990

MLSListings

APN: 026-213-060

California San Mateo County Burlingame 94010 Burlingame Terrace

1025 Paloma Ave, Burlingame, CA

This home is located at 1025 Paloma Ave, Burlingame, CA 94010 since 24 August 2012 and is currently estimated at $2,240,700, approximately $1,280 per square foot. This property was built in 1920. 1025 Paloma Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, Burlingame Intermediate School, and Burlingame High School.

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