NOT LISTED FOR SALE

1369 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $2,573,000 - $4,561,000

3 Beds
2 Baths
1,490 Sq Ft
$2,655/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $2,210,000 $1,483 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $24,902/month

Highlights

  • Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Roosevelt Elementary School Rated A
  • Eat-In Kitchen

About This Home

As of October 2018

Discover this great opportunity to live in highly desirable Easton Addition. This charming home features a large living room, dining room combination along with eat in kitchen. 3 bedrooms and 2 full bathrooms complete the inside while a large backyard with shed awaits entertaining friends and family. Enjoy the benefits of being close to downtown shopping, excellent schools and a fabulous neighborhood you will be proud to call home. Dishwasher, Hardwood floors, Oven / range, Refrigerator

Last Agent to Rent the Property

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 09/12/2018

Gilmartin Group

Last Renter's Agent

Paul Beaudreau

Gilmartin Group License #01910286 Listed on: 09/12/2018

Gilmartin Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,125

Year Built

  • 1946

Lot Details

  • 5,998

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 1,490 Sq Ft Home
  • Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,998 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 9/12/18
  • 9-Month Min and 18-Month Max Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,125

Year Built

1946

Lot Details

0

Parking

1

Rental Info

  • Available: 09/12/2018
  • Maximum Lease Months: 18
  • Minimum Lease Months: 9
  • Security Deposit: 4500

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Allowed
  • Age: 72
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1490
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1490
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Central Forced Air

Schools

  • School District: San Mateo Union High

Lot Info

  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 22, 2018
Sold by
Gentner Ernest K and Labarbara Trust
Bought by
Adler Nicholas and Adler Sara
Seller's Agent
Dan Gilmartin
Gilmartin Group
Buyer's Agent
Jose Payne-Johnson
Unlocked Brokerage, Inc.
List Price
$1,850,000
Sold Price
$2,210,000
Premium/Discount to List
$360,000
19.46%
Current Estimated Value
$3,956,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,746,167
Avg. Annual Appreciation
8.51%
Original Mortgage
$1,326,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Adler Nicholas $2,210,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adler Nicholas $1,326,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Rented $4,750 +5.6% --
09/24/2018 09/24/18 Under Contract -- -- --
09/12/2018 09/12/18 For Rent $4,500 0.0% --
08/29/2018 08/29/18 Sold $2,210,000 +19.5% $1,483 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $1,850,000 -- $1,242 / 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 $47,125 $4,260,533 $2,119,483 $2,141,050
2023 $47,125 $4,095,093 $2,037,182 $2,057,911
2022 $45,438 $4,014,798 $1,997,238 $2,017,560
2021 $31,491 $2,711,077 $1,958,077 $753,000
2020 $23,419 $2,028,000 $1,938,000 $90,000
2019 $25,400 $2,210,000 $1,900,000 $310,000
2018 $4,073 $327,309 $206,335 $120,974
2017 $4,041 $320,892 $202,290 $118,602
2016 $3,893 $314,601 $198,324 $116,277
2015 $3,874 $309,876 $195,345 $114,531
2014 $3,893 $303,807 $191,519 $112,288
Source: Public Records

Agents Affiliated with this Home

  • Dan Gilmartin

    Seller's Agent in 2018

    Dan Gilmartin

    Gilmartin Group

    (650) 348-2020

    1 in this area

    47 Total Sales

    Dan Gilmartin
    Section Image
  • Paul Beaudreau

    Landlord's Agent in 2018

    Paul Beaudreau

    Gilmartin Group

    (650) 302-6329

    28 Total Sales

    Paul Beaudreau
    Section Image

  • J

    Buyer's Agent in 2018

    Jose Payne-Johnson

    Unlocked Brokerage, Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81723105

MLSListings

APN: 026-057-020

California San Mateo County Burlingame 94010 Easton Addition

1369 Drake Ave, Burlingame, CA

This home is located at 1369 Drake Ave, Burlingame, CA 94010 since 12 September 2018 and is currently priced at $3,956,167. This property was built in 1946. 1369 Drake Ave is a home located in San Mateo County with nearby schools including Roosevelt Elementary School, Burlingame Intermediate School, and Burlingame High School.

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