NOT LISTED FOR SALE

1048 Balboa Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $3,743,000 - $4,385,000

4 Beds
3.5 Baths
2,784 Sq Ft
$1,498/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2020

Last sale price $3,410,000 $1,225 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $25,373 / mo

1 Day on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Marble Countertops
  • Roosevelt Elementary School Rated A
  • Wood Flooring
  • Marble Bathroom Countertops

About This Home

As of July 2020

Located in the highly desirable Easton Addition Burlingame neighborhood lies a beautiful custom rebuilt and expanded Spanish Revival. The home features 4 bedrooms/3.5 baths, bright formal living room, a study nook, an open concept chefs kitchen that comes complete with Viking appliances wrapping around the custom island connecting the family room. Off the family room lies the large deck perfect for outdoor entertaining that overlooks an enclosed spacious backyard giving the home a feeling of privacy while connecting the main house to the detached one car garage. The sundrenched master suite features a luxurious dual sink bathroom, walk-in shower, oversized tub, and walk-in closet. A quick walk to Burlingame's original downtown area, high rated schools, and shopping, this home provides convenience and comfort.

Last Agent to Sell the Property

Phil Chen

Compass License #01715177 Listed on: 06/26/2020

Compass

Last Buyer's Agent

Anita Gat

Keller Williams Palo Alto License #01912656

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 5,998 Sq Ft Lot
  • Gated Home
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Neighborhood Views
  • Security Gate
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

5,998 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Style: Contemporary, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 2784
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Dishwasher, Hood Over Range, Island, Microwave, Oven - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2784
  • Stories: 2
  • Laundry: Inside, Upper Floor
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Shower And Tub, Solid Surface, Stall Shower, Stone, Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Drought Tolerant Plants, Fenced, Sprinklers - Auto
  • Fencing: Fenced, Gate
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air, Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-In Closet

Schools

  • High School: 615

Lot Info

  • Lot Description: Corners Marked, Grade - Level
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Energy Star Appliances, Low Flow Toilet, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 29, 2020
Sold by
Cheng Wilson X and Teng Dorothy H
Bought by
Nada Hany and Nada Mary
Seller's Agent
Phil Chen
Compass
Buyer's Agent
Anita Gat
Keller Williams Palo Alto
List Price
$3,250,000
Sold Price
$3,410,000
Premium/Discount to List
$160,000
4.92%
Current Estimated Value
$4,171,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,600
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
May 19, 2011
Sold by
Aird V Katherine
Bought by
Cheng Wilson X and Teng Dorothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2000
Sold by
Graig Chapman and Graig Rosalie A
Bought by
Aird V Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Craig Chapman
Bought by
Chapman Craig and Chapman Rosalie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nada Hany $3,410,000 First American Title Company
Cheng Wilson X $1,010,000 North American Title Co Inc
Aird V Katherine $780,000 First American Title Co
Chapman Craig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Wilson X $600,000
Previous Owner Aird V Katherine $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $3,410,000 +4.9% $1,225 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $3,250,000 -- $1,167 / Sq Ft
Source: MLSListings

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 $40,891 $3,691,091 $2,413,822 $1,277,269
2023 $40,891 $3,547,764 $2,320,092 $1,227,672
2022 $39,428 $3,478,200 $2,274,600 $1,203,600
2021 $39,489 $3,410,000 $2,230,000 $1,180,000
2020 $18,421 $1,586,441 $591,591 $994,850
2019 $17,933 $1,555,336 $579,992 $975,344
2018 $17,591 $1,524,840 $568,620 $956,220
2017 $17,541 $1,494,942 $557,471 $937,471
2016 $13,837 $1,193,082 $546,541 $646,541
2015 $12,578 $1,076,664 $538,332 $538,332
2014 $12,395 $1,055,574 $527,787 $527,787
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Phil Chen

    Compass

    Section Image

  • A

    Buyer's Agent in 2020

    Anita Gat

    Keller Williams Palo Alto

    Section Image

  • H

    Buyer Co-Listing Agent in 2020

    Houy Kirkpatrick

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81798466

MLSListings

APN: 026-164-250

California San Mateo County Burlingame 94010 Easton Addition

1048 Balboa Ave, Burlingame, CA

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