NOT LISTED FOR SALE

1257 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $4,604,000 - $5,312,000

5 Beds
4.5 Baths
3,068 Sq Ft
$1,590/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $4,550,000 $1,483 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $29,933/month

9 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Solar owned by seller
  • Roosevelt Elementary School Rated A
  • Open to Family Room

About This Home

As of November 2023

This stunning Craftsman offers a seamless blend of timeless charm and modern luxury. Nestled on a 6,250 sqft lot, the residence offers 5 bedrooms & 4.5 bathrooms. The landscaped front yard & porch set the tone for the warmth and character found within. The exterior showcases the classic Craftsman architectural style, w/vaulted ceilings and an open floor plan. The interior effortlessly marries the craftsmanship of contemporary conveniences. Rich hardwood floors guide you through the open-concept living spaces, where natural light enhances the welcoming atmosphere. The kitchen boasts high-end stainless steel appliances, quartz countertops, & custom cabinetry that transitions to the dining & family area, creating an ideal space for entertaining. The master suite features a spa-like bathroom with modern fixtures and finishes. Additional bedrooms provide flexibility for guests or growing family. Enjoy the convenience of being just moments away from the eclectic mix of shops & restaurants.

Last Agent to Sell the Property

Jenn Gilson

Golden Gate Sotheby's International Realty License #01889172 Listed on: 11/10/2023

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jenn Gilson

Golden Gate Sotheby's International Realty License #01889172 Listed on: 11/10/2023

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 6,251 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Solar owned by seller

Listing and Financial Details

  • Assessor Parcel Number 026-172-030

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

6,251 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3068
  • Year Built: 2011
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Dining Area, Formal Dining Room
  • Living Sq Ft: 3068
  • Stories: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 026-172-030
  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Solar Panels - Owned

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 28, 2023
Sold by
Wulander Family Trust
Bought by
Wulander Family Trust and Wu
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
List Price
$4,000,000
Sold Price
$4,550,000
Premium/Discount to List
$550,000
13.75%
Views
25
Current Estimated Value
$4,877,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,960
Avg. Annual Appreciation
3.06%
Original Mortgage
$1,500,000
Outstanding Balance
$1,471,438
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$3,406,522

Purchase Details

Listed on
Nov 10, 2023
Closed on
Nov 21, 2023
Sold by
Cheng Ronald and Cheng Lingfeng
Bought by
Wulander Family Trust and Wu
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
List Price
$4,000,000
Sold Price
$4,550,000
Premium/Discount to List
$550,000
13.75%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,471,438
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$3,406,522

Purchase Details

Listed on
Mar 14, 2013
Closed on
Mar 18, 2013
Sold by
Simonson Richard A and Simonson Lee A
Bought by
Cheng Ronald and Cheng Lingfeng
Seller's Agent
Vicky Heron
Coldwell Banker Realty
Buyer's Agent
Richard Michaels
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,550,000
Premium/Discount to List
$55,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Miller Otto
Bought by
Simonson Richard A and Simonson Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Gunzel Raymond C and Gunzel Barbara J
Bought by
Miller Otto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Gunzel Raymond
Bought by
Gunzel Raymond C and Gunzel Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wulander Family Trust -- Orange Coast Title
Wulander Family Trust $4,550,000 Wfg National Title
Cheng Ronald $2,550,000 Fidelity National Title Co
Simonson Richard A $2,350,000 Chicago Title Company
Miller Otto $1,195,000 Chicago Title Co
Gunzel Raymond C -- None Available
Gunzel Raymond C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wulander Family Trust $1,500,000
Previous Owner Simonson Richard A $700,000
Previous Owner Miller Otto $776,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2023 11/27/23 Sold $4,550,000 +13.8% $1,483 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $4,000,000 +56.9% $1,304 / Sq Ft
03/25/2013 03/25/13 Sold $2,550,000 +2.2% $831 / Sq Ft View Prior Sale
03/16/2013 03/16/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $2,495,000 -- $813 / 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 $51,299 $4,641,000 $2,601,000 $2,040,000
2023 $51,299 $3,018,202 $1,509,101 $1,509,101
2022 $33,621 $2,959,022 $1,479,511 $1,479,511
2021 $33,672 $2,901,002 $1,450,501 $1,450,501
2020 $32,972 $2,871,256 $1,435,628 $1,435,628
2019 $32,233 $2,814,958 $1,407,479 $1,407,479
2018 $31,617 $2,759,764 $1,379,882 $1,379,882
2017 $31,387 $2,705,652 $1,352,826 $1,352,826
2016 $30,234 $2,652,600 $1,326,300 $1,326,300
2015 $30,103 $2,612,756 $1,306,378 $1,306,378
2014 $29,663 $2,561,576 $1,280,788 $1,280,788
Source: Public Records

Agents Affiliated with this Home

  • Jenn Gilson

    Seller's Agent in 2023

    Jenn Gilson

    Golden Gate Sotheby's International Realty

    (650) 642-6957

    28 in this area

    169 Total Sales

    Jenn Gilson
    Section Image

  • V

    Seller's Agent in 2013

    Vicky Heron

    Coldwell Banker Realty

    Section Image

  • R

    Buyer's Agent in 2013

    Richard Michaels

    Coldwell Banker Realty

    (650) 888-9963

    5 Total Sales

    Richard Michaels
    Section Image
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Map

Source: MLSListings

MLS Number: ML81947694

MLSListings

APN: 026-172-030

California San Mateo County Burlingame 94010 Easton Addition

1257 Drake Ave, Burlingame, CA

Not Listed for Sale

Detached

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