NOT LISTED FOR SALE

Estimated Value: $4,874,000 - $5,084,568

8 Beds
8 Baths
5,652 Sq Ft
$881/Sq Ft Est. Value

About This Home

This home is located at 12 Lorton Ave, Burlingame, CA 94010 and is currently estimated at $4,979,284, approximately $880 per square foot. 12 Lorton Ave is a home located in San Mateo County with nearby schools including Washington Elementary School, Burlingame Intermediate School, and Burlingame High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
12 Lorton Avenue Llc
Bought by
Post 101 Llc
Current Estimated Value
$4,979,284

Purchase Details

Closed on
Jul 23, 2020
Sold by
12 Lorton Llc
Bought by
12 Lorton Avenue Llc

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
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 2019
Sold by
315 Occidental Llc
Bought by
12 Lorton Avenue Llc

Purchase Details

Closed on
Jul 24, 2018
Sold by
Lbd Enterprises Llc
Bought by
315 Occidental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2016
Sold by
Adams George I
Bought by
Lbd Enterprises Llc and Spieker Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Post 101 Llc $5,000,000 Fidelity National Title
12 Lorton Avenue Llc -- Chicago Title Company
12 Lorton Avenue Llc -- None Available
315 Occidental Llc $4,025,000 Chicago Title Insurance Co
Lbd Enterprises Llc $2,750,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 12 Lorton Avenue Llc $2,500,000
Previous Owner 315 Occidental Llc $1,000,000
Previous Owner Lbd Enterprises Llc $1,100,000
Source: Public Records

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 $49,792 $5,100,000 $2,754,000 $2,346,000
2023 $49,792 $4,315,611 $1,072,201 $3,243,410
2022 $48,008 $4,230,992 $1,051,178 $3,179,814
2021 $48,080 $4,148,032 $1,030,567 $3,117,465
2020 $47,077 $4,105,500 $1,020,000 $3,085,500
2019 $46,021 $4,025,000 $1,000,000 $3,025,000
2018 $32,259 $2,805,000 $693,600 $2,111,400
2017 $32,297 $2,750,000 $680,000 $2,070,000
2016 $2,460 $168,129 $54,858 $113,271
2015 $2,445 $165,604 $54,034 $111,570
2014 $2,412 $162,361 $52,976 $109,385
Source: Public Records

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