NOT LISTED FOR SALE

Estimated Value: $1,585,089

0.11 Acre
$14,953,670 Price per Acre
4,617 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $1,850,000 $1,072 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,763/month

340 Days on Market

About This Lot

As of January 2020

Highly visible corner lot within walking distance to Burlingame Cal Trains Station and Downtown Burlingame. This superbly located lot situated on over 4600 sq ft of flat land is zoned C-2 and part of the North California Drive Commercial District, offering lots of potential for owner-users or developers. Initial research suggests 55 height limit may be possible and live-work use may be allowed above ground floor. The existing 2-level property has a full bathroom on both floors and front, rear and side entries. Relax and entertain co-workers and guests on the rear sunny patio. There is a large garage at the rear of the property, accessed off California St, plus a driveway behind a security gate leading to a side yard, allowing for additional parking. Work on the corner of a charming tree-lined community with fabulous weather and experience an unforgettable lifestyle. Buyers to satisfy themselves and perform research for zoning restrictions and development possibilities.

Last Agent to Sell the Property

Tim Brown

Keller Williams San Francisco License #00580970 Listed on: 02/02/2019

Co-Listed By

Mark Brown

Keller Williams San Francisco License #01850707

Last Buyer's Agent

Mark Brown

Keller Williams San Francisco License #01850707

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,597

Lot Details

  • 4,617 Sq Ft Lot
  • Partially Fenced Property

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,597

Lot Details

0

Listing Details

  • Zoning: CH00C2
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1060
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4617.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4617.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Jan 17, 2020
Sold by
Kafka Jeffrey Hall
Bought by
Tseng Jack and Zhang Kate Calxia
Seller's Agent
Tim Brown
Keller Williams San Francisco
Buyer's Agent
Mark Brown
Keller Williams San Francisco
List Price
$2,295,000
Sold Price
$1,850,000
Premium/Discount to List
-$445,000
-19.39%
Current Estimated Value
$1,585,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$264,911
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Jan 3, 2017
Sold by
Aloy Karen June Kafka
Bought by
Kafka Jeffrey Hall

Purchase Details

Closed on
May 8, 2012
Sold by
Kafka Jeffrey
Bought by
The Douglas Avenue Trust

Purchase Details

Closed on
May 9, 2007
Sold by
Weaver W Douglas and Heighton Mary J
Bought by
Kafka Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2002
Sold by
Weaver Wesley Douglas
Bought by
Weaver W Douglas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tseng Jack $1,850,000 First American Title Company
Kafka Jeffrey Hall -- First American Title Company
Kafka Jeffrey Hall -- None Available
The Douglas Avenue Trust -- None Available
Kafka Jeffrey $1,200,000 First American Title Company
Weaver W Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kafka Jeffrey $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $1,850,000 -19.4% $1,072 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
02/02/2019 02/02/19 For Sale $2,295,000 -- $1,330 / 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 $17,597 $1,560,600 $1,456,560 $104,040
2023 $17,597 $1,944,677 $1,282,436 $662,241
2022 $21,856 $1,906,547 $1,257,291 $649,256
2021 $19,378 $1,650,000 $1,090,000 $560,000
2020 $17,950 $1,549,362 $1,432,630 $116,732
2019 $17,551 $1,518,984 $1,404,540 $114,444
2018 $17,217 $1,489,200 $1,377,000 $112,200
2017 $11,949 $1,003,253 $884,206 $119,047
2016 $11,511 $983,582 $866,869 $116,713
2015 $11,459 $968,808 $853,848 $114,960
2014 $11,294 $949,832 $837,123 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81775355

MLSListings

APN: 029-133-120