NOT LISTED FOR SALE

1429 Cortez Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $3,837,000 - $4,170,000

5 Beds
3 Baths
3,160 Sq Ft
$1,285/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $3,450,000 $1,092 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $24,367/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Fireplace
  • Lincoln Elementary School Rated A
  • 1 Car Detached Garage
  • Kitchen Island

About This Home

As of October 2020

Short Term 6 Month Lease Available. Comfortable living in the beautifully famed Easton Addition. This two level home offers an abundance of space with quality finishes. Enjoy entertaining, and relaxing in the fully fenced yard with mature landscaping. Conveniently located in a great walk-able neighborhood close to downtown Burlingame and Broadway. Rental is being offered non-furnished.

Last Agent to Rent the Property

Mani Bhachu

Coldwell Banker Realty License #02054119 Listed on: 08/24/2020

Coldwell Banker Realty

Last Renter's Agent

Carol Cassetta

KW Advisors License #01387251

KW Advisors

Home Details

Home Type

  • Single Family

Year Built

  • 1916

Lot Details

  • 5,998

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Security Deposit $7,500
  • Property Available on 10/29/20
  • Rent includes gardener
  • 6-Month Min and 8-Month Max Lease Term

Home Details

Home Type

Single Family

Year Built

1916

Lot Details

5,998 Sq Ft Lot

Parking

1

Rental Info

  • Available: 10/29/2020
  • Lease Terms: Month To Month
  • Maximum Lease Months: 8
  • Minimum Lease Months: 6
  • Rent Includes: Gardener
  • Security Deposit: 7500

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3160
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3160
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas

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 8, 2020
Closed on
Aug 17, 2020
Sold by
Johnson Paul G and Johnson Tamara S
Bought by
Murakami Eric Takaji and Duncanson Melissa Ellen
Seller's Agent
Becky Geller
Compass
Buyer's Agent
Becky Geller
Compass
List Price
$3,575,000
Sold Price
$3,450,000
Premium/Discount to List
-$125,000
-3.5%
Current Estimated Value
$4,061,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,001
Avg. Annual Appreciation
3.01%
Original Mortgage
$1,409,000
Outstanding Balance
$1,249,882
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$2,811,119

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 4, 2019
Sold by
Wentworth Kathleen and Kathleen A Wentworth Revocable
Bought by
Johnson Paul G and Johnson Tamara S
Seller's Agent
Alisa Ruiz-Johnson
Compass
Buyer's Agent
Becky Geller
Compass
List Price
$2,949,000
Sold Price
$3,450,000
Premium/Discount to List
$501,000
16.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,895,852
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2018
Sold by
Hansen Gregory D and Mifflin Iongrid S
Bought by
Wentworth Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2011
Sold by
Wentworth Kathleen
Bought by
Wentworth Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Wentworth Kathleen
Bought by
Wentworth Kathleen

Purchase Details

Closed on
Nov 5, 1996
Sold by
Mahoney Michael J and Mahoney Joanne S
Bought by
Wentworth Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.95%
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
Murakami Eric Takaji $3,450,000 North American Title Co
Johnson Paul G $3,450,000 North American Title Co Inc
Wentworth Kathleen A $2,625,000 Old Republic Title Co
Wentworth Kathleen -- First American Title Company
Wentworth Kathleen -- First American Title Company
Wentworth Kathleen -- --
Wentworth Kathleen $605,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murakami Eric Takaji $1,409,000
Previous Owner Johnson Paul G $1,895,852
Previous Owner Wentworth Kathleen A $210,000
Previous Owner Wentworth Kathleen $400,000
Previous Owner Wentworth Kathleen $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2020 10/31/20 Rented $8,500 0.0% --
10/19/2020 10/19/20 For Rent $8,500 0.0% --
10/19/2020 10/19/20 Price Changed $8,500 +13.3% $3 / Sq Ft
10/15/2020 10/15/20 Rented $7,500 -11.8% --
09/14/2020 09/14/20 Under Contract -- -- --
08/24/2020 08/24/20 For Rent $8,500 0.0% --
08/21/2020 08/21/20 Sold $3,450,000 -3.5% $1,092 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $3,575,000 +3.6% $1,131 / Sq Ft
04/11/2019 04/11/19 Sold $3,450,000 +17.0% $1,092 / Sq Ft View Prior Sale
03/21/2019 03/21/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $2,949,000 -- $933 / 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 $41,365 $3,734,387 $2,447,377 $1,287,010
2023 $41,365 $3,589,379 $2,352,344 $1,237,035
2022 $39,885 $3,519,000 $2,306,220 $1,212,780
2021 $39,690 $3,450,000 $2,261,000 $1,189,000
2020 $39,962 $3,519,000 $2,244,000 $1,275,000
2019 $10,009 $868,712 $434,356 $434,356
2018 $9,737 $851,680 $425,840 $425,840
2017 $9,662 $834,982 $417,491 $417,491
2016 $9,297 $818,610 $409,305 $409,305
2015 $9,253 $806,314 $403,157 $403,157
2014 $9,418 $790,520 $395,260 $395,260
Source: Public Records

Agents Affiliated with this Home

  • Mani Bhachu

    Landlord's Agent in 2020

    Mani Bhachu

    Coldwell Banker Realty

    (650) 558-4200

    1 in this area

    53 Total Sales

    Mani Bhachu
    Section Image
  • Becky Geller

    Seller's Agent in 2020

    Becky Geller

    Compass

    (415) 225-8172

    21 Total Sales

    Becky Geller
    Section Image
  • Carol Cassetta

    Tenant's Agent in 2020

    Carol Cassetta

    KW Advisors

    (650) 627-3700

    8 Total Sales

    Carol Cassetta
    Section Image

  • A

    Seller's Agent in 2019

    Alisa Ruiz-Johnson

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81807579

MLSListings

APN: 026-051-020

California San Mateo County Burlingame 94010 Easton Addition

1429 Cortez Ave, Burlingame, CA

Not Listed for Sale

Detached

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