NOT LISTED FOR SALE

Estimated Value: $2,932,000 - $3,877,000

4 Beds
2.5 Baths
2,700 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $1,779,000 $659 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $19,989/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Spanish Architecture
  • Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of July 2013

Happy cheerful executive home. Award winning Lincoln Elm, Burlingame Intermediate & Burlingame HS. Old world charm & beauty with the updates you want. Cherry & Granite eat in kitchen. 1930s craftsmanship with cornice work, moldings and parquet hardwood floors. Your own backyard park for kids to play safe and happy. A mile to Millbrae BART>

Last Agent to Sell the Property

Tom Thompson

Realty World Thompson Properties License #01343030 Listed on: 05/09/2013

Last Buyer's Agent

Anna Wong

Compass License #01337969

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,286

Year Built

  • Built in 1932

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Composition Roof
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026-074-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,286

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 658.89
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2700
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 5
  • Map Top Coordinate: D
  • Thomas Bros Page: 728
  • Thomas Brothers: D5
  • Year Built: 1932
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2700
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: Dryer, Washer, Gas Hookup
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Pool - No
  • Roof: Clay, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), High Ceiling, Wet Bar

Schools

  • High School: 615

Lot Info

  • Parcel Number: 026-074-010
  • Lot Location: Corner
  • List Price per Sq Ft: 592.22
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight, Thermostat Controller

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Lincoln Elementary
  • High School Text: Burlingame High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 21, 2013
Sold by
Masterson Neill T and Masterson Kathryn M
Bought by
Perez Eduardo and Valadez Cristina
Seller's Agent
Tom Thompson
Realty World Thompson Properties
Buyer's Agent
Anna Wong
Compass
List Price
$1,599,000
Sold Price
$1,779,000
Premium/Discount to List
$180,000
11.26%
Current Estimated Value
$3,432,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,653,247
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,200,000
Outstanding Balance
$864,917
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$2,567,330

Purchase Details

Closed on
Dec 11, 2009
Sold by
Gale Marcus W and Gale Wendy K
Bought by
Masterson Neill T and Masterson Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2005
Sold by
Spinelli Thomas Michael and Spinelli Rosalie
Bought by
Gale Marcus W and Gale Wendy K

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
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perez Eduardo $1,779,000 First American Title Company
Masterson Neill T $1,200,000 North American Title Company
Gale Marcus W $1,400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Eduardo $1,200,000
Previous Owner Masterson Neill T $960,000
Previous Owner Gale Marcus W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $1,779,000 +11.3% $659 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $1,599,000 -- $592 / 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 $24,286 $2,180,802 $1,090,401 $1,090,401
2023 $24,286 $2,096,120 $1,048,060 $1,048,060
2022 $23,418 $2,055,020 $1,027,510 $1,027,510
2021 $23,451 $2,014,726 $1,007,363 $1,007,363
2020 $22,963 $1,994,068 $997,034 $997,034
2019 $22,450 $1,954,970 $977,485 $977,485
2018 $22,021 $1,916,638 $958,319 $958,319
2017 $22,105 $1,879,058 $939,529 $939,529
2016 $21,055 $1,842,214 $921,107 $921,107
2015 $20,962 $1,814,544 $907,272 $907,272
2014 $20,655 $1,779,000 $889,500 $889,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81315935

MLSListings

APN: 026-074-010