$1,550,000
SOLD MAY 20, 2019
2 Beds
1 Bath
1,050 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$1,476 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • 1 Car Detached Garage
  • Tandem Parking
  • Northeast Facing Home
  • Lincoln Elementary School Rated A
  • Dining Room
  • 1-Story Property

About This Home

As of October 2020

On one of Burlingame's most charming streets. Pour into this home your remodeling touches.

Last Agent to Sell the Property

Karl Dresden

Terrace Associates License #00525686 Listed on: 05/07/2019

Last Buyer's Agent

Ron Halleran

Re/Max Gold Coast Realtors

Re/Max Gold Coast Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,883

Year Built

  • Built in 1923

Lot Details

  • 5,998 Sq Ft Lot
  • Northeast Facing Home

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 026-086-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,883

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1050
  • Year Built: 1923
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1050
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, Tandem Parking

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 026-086-090
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Seiter Matthew and Seiter Maria Theresa
Bought by
2023 Seiter Family Revocable Trust
Current Estimated Value
$4,492,345

Purchase Details

Listed on
Oct 13, 2020
Closed on
Oct 9, 2020
Sold by
Gilson Patrick and Zubrow Jamie
Bought by
Seiter Matthew and Seiter Maria Theresa
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Emma Elfving
Compass
List Price
$4,000,000
Sold Price
$4,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$3,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2019
Sold by
Gilson Patrick
Bought by
Gilson Patrick and Zubrow Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 7, 2019
Closed on
May 17, 2019
Sold by
Ambots Herbert
Bought by
Gilson Patrick
Seller's Agent
Karl Dresden
Terrace Associates
Buyer's Agent
Ron Halleran
Re/Max Gold Coast Realtors
List Price
$1,450,000
Sold Price
$1,550,000
Premium/Discount to List
$100,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Ambots Herbert
Bought by
Ambots Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.86%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $4,000,000 North American Title Co Inc
Interfamily Deed Transfer -- North American Title Co
Grant Deed $1,550,000 First American Title Company
Interfamily Deed Transfer -- Title Court Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Previous Owner $500,000 Commercial
Previous Owner $632,500 Negative Amortization
Previous Owner $606,500 Unknown
Previous Owner $552,500 Unknown
Previous Owner $389,000 Fannie Mae Freddie Mac
Previous Owner $340,000 Unknown
Previous Owner $205,000 Unknown
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $4,000,000 0.0% $1,342 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $4,000,000 +158.1% $1,342 / Sq Ft
05/20/2019 05/20/19 Sold $1,550,000 +6.9% $1,476 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $1,450,000 -- $1,381 / 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 $47,883 $4,416,320 $2,539,384 $1,876,936
2023 $47,883 $4,161,600 $2,392,920 $1,768,680
2022 $46,168 $4,080,000 $2,346,000 $1,734,000
2021 $46,240 $4,000,000 $2,300,000 $1,700,000
2020 $18,359 $1,581,000 $1,530,000 $51,000
2019 $1,233 $75,329 $31,839 $43,490
2018 $1,212 $73,853 $31,215 $42,638
2017 $1,537 $72,405 $30,603 $41,802
2016 $1,157 $70,986 $30,003 $40,983
2015 $1,150 $69,921 $29,553 $40,368
2014 $1,134 $68,553 $28,975 $39,578
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81750692

MLSListings

APN: 026-086-090