1140 Paloma Ave Burlingame, CA 94010
Burlingame Terrace Neighborhood
5
Beds
4
Baths
4,460
Sq Ft
5,750
Sq Ft Lot
Highlights
- Arts and Crafts Architecture
- 5-minute walk to Broadway
- 4 Car Detached Garage
- Roosevelt Elementary School Rated A
- Wood Flooring
- Walk-In Closet
About This Home
As of October 2024This home is located at 1140 Paloma Ave, Burlingame, CA 94010 and is currently priced at $2,400,000, approximately $538 per square foot. This property was built in 1949. 1140 Paloma Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, Burlingame Intermediate School, and Burlingame High School.
Last Agent to Sell the Property
A.V.R. Realty, Inc. License #01003888 Listed on: 04/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,043
Year Built
- 1949
Lot Details
- 5,750 Sq Ft Lot
Parking
- 4 Car Detached Garage
Home Design
- Quadruplex
- Arts and Crafts Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 4,460 Sq Ft Home
- 2-Story Property
- Washer and Dryer
Flooring
- Wood
- Carpet
Utilities
- Wall Furnace
- Separate Meters
Listing and Financial Details
- Total Actual Rent $99,540
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,500
- Insurance Expense $3,498
- Maintenance Expense $3,450
- Manager Expense $6,450
- Other Expense $473
- Utility Expense $3,126
- Trash Expense $1,668
- Operating Expense $24,350
- Gross Income $99,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2025
Sold by
Jeffrey B Lo And Juliana C Lo Family Liv and Lo Jeffrey Bryan
Bought by
1140 Paloma Llc
Total Days on Market
153
Current Estimated Value
Purchase Details
Listed on
Apr 14, 2024
Closed on
Oct 8, 2024
Sold by
Springer Family Trust and Springer Edgar
Bought by
Jeffrey B Lo And Juliana C Lo Family Living T and Lo
Seller's Agent
Sally Navarro
A.V.R. Realty, Inc.
Buyer's Agent
Dana Carmel
Represent Realty
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$1,320,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 1996
Sold by
Springer Ludwig G
Bought by
Springer Ludwig G and Springer Maria E
Similar Homes in Burlingame, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $2,400,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,320,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $2,400,000 | -10.9% | $538 / Sq Ft |
| 09/15/2024 09/15/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $2,695,000 | 0.0% | $604 / Sq Ft |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- |
| 04/14/2024 04/14/24 | For Sale | $2,695,000 | -- | $604 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $4,043 | $2,400,000 | $1,500,000 | $900,000 |
| 2023 | $4,043 | $306,397 | $87,684 | $218,713 |
| 2022 | $3,906 | $300,390 | $85,965 | $214,425 |
| 2021 | $3,906 | $294,501 | $84,280 | $210,221 |
| 2020 | $3,827 | $291,482 | $83,416 | $208,066 |
| 2019 | $3,752 | $285,768 | $81,781 | $203,987 |
| 2018 | $3,684 | $280,166 | $80,178 | $199,988 |
| 2017 | $3,656 | $274,673 | $78,606 | $196,067 |
| 2016 | $3,573 | $269,288 | $77,065 | $192,223 |
| 2015 | $3,507 | $265,244 | $75,908 | $189,336 |
| 2014 | $3,458 | $260,050 | $74,422 | $185,628 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Sally Navarro
A.V.R. Realty, Inc.
(650) 342-2073
2 in this area
9 Total Sales
-
Buyer's Agent in 2024
Dana Carmel
Represent Realty
(650) 804-2393
1 in this area
67 Total Sales
Map
Source: MLSListings
MLS Number: ML81961371
APN: 026-193-230
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