$2,800,000
SOLD MAR 24, 2014

1436 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood
5 Beds
3.5 Baths
2,950 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$949 Per Sq Ft

4 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Lincoln Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2017

Unique craftsman home in the heart of Easton Addition. This home embodies the essence of the movement while offering modern amenities. The shingled façade boasts true craftsman style. This family home features a contemporary, open floor plan including a gourmet chef’s kitchen & family room with a central hall. One bedroom on the main level w/four bedrooms, two baths and laundry upstairs.

Last Agent to Sell the Property

Timothy Gilmartin

Gilmartin Group License #00841354 Listed on: 03/14/2014

Last Buyer's Agent

Mary Bee Thrasher

Golden Gate Sotheby's International Realty License #00882849

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,603

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Bay Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 026-042-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,603

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 9
  • Sale Price Per Sq Ft: 949.15
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2950
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 6
  • Map Top Coordinate: D
  • Thomas Bros Page: 728
  • Thomas Brothers: D6
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 2950
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Flooring: Carpet - Area, Hardwood
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Bay, Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Deck, Fenced

Garage/Parking

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

Utilities

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

Schools

  • School District: San Mateo Union High
  • Middle School: Burlingame Intermediate
  • Middle School: 675

Lot Info

  • Parcel Number: 026-042-100
  • List Price per Sq Ft: 948.47
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Multi Family

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

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jun 12, 2017
Sold by
Wu Yi and Xing Jie
Bought by
Kim Kenneth and Kim Sarah
Seller's Agent
Mary Bee Thrasher
Golden Gate Sotheby's International Realty
Buyer's Agent
Sarah Hillhouse
Coldwell Banker Realty
List Price
$3,350,000
Sold Price
$3,400,000
Premium/Discount to List
$50,000
1.49%
Current Estimated Value
$4,342,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,093
Avg. Annual Appreciation
3.07%
Original Mortgage
$2,550,000
Outstanding Balance
$2,070,321
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,271,772

Purchase Details

Listed on
Mar 14, 2014
Closed on
Mar 19, 2014
Sold by
Strambi Daniel J
Bought by
Wu Yi and Xing Jie
Seller's Agent
Timothy Gilmartin
Gilmartin Group
Buyer's Agent
Mary Bee Thrasher
Golden Gate Sotheby's International Realty
List Price
$2,798,000
Sold Price
$2,800,000
Premium/Discount to List
$2,000
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Molloy Julia
Bought by
Strambi Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2001
Sold by
Nolan Dennis A
Bought by
Strambi Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
5.87%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Nolan Helen E and Nolan Helene
Bought by
Nolan Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.1%

Purchase Details

Closed on
May 31, 1996
Sold by
Helen Nolan
Bought by
Nolan Helen E and Nolan Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.1%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Nolan Helen E
Bought by
The Helen E Nolan Living Trust
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 Type Sale Price Title Company
Grant Deed $3,400,000 Old Republic Title Company
Grant Deed $2,800,000 Fidelity National Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $580,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,550,000 Adjustable Rate Mortgage/ARM
Previous Owner $411,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $102,000 Unknown
Previous Owner $625,500 New Conventional
Previous Owner $729,750 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $729,750 New Conventional
Previous Owner $430,000 Credit Line Revolving
Previous Owner $1,495,000 Negative Amortization
Previous Owner $333,700 Unknown
Previous Owner $333,700 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $462,000 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $3,400,000 +1.5% $1,153 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $3,350,000 +19.6% $1,136 / Sq Ft
03/24/2014 03/24/14 Sold $2,800,000 +0.1% $949 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $2,798,000 -- $948 / 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 $43,603 $4,024,905 $2,722,731 $1,302,174
2023 $43,603 $3,792,761 $2,565,692 $1,227,069
2022 $42,040 $3,718,394 $2,515,385 $1,203,009
2021 $42,103 $3,645,485 $2,466,064 $1,179,421
2020 $41,227 $3,608,106 $2,440,778 $1,167,328
2019 $40,299 $3,537,360 $2,392,920 $1,144,440
2018 $39,526 $3,468,000 $2,346,000 $1,122,000
2017 $34,258 $2,957,484 $1,478,742 $1,478,742
2016 $33,000 $2,899,496 $1,449,748 $1,449,748
2015 $32,856 $2,855,944 $1,427,972 $1,427,972
2014 $13,483 $1,143,976 $686,913 $457,063
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Bee Thrasher

    Golden Gate Sotheby's International Realty

    Section Image

  • S

    Buyer's Agent in 2017

    Sarah Hillhouse

    Coldwell Banker Realty

    Section Image
  • Timothy Gilmartin

    Seller's Agent in 2014

    Timothy Gilmartin

    Gilmartin Group

    (408) 348-5013

    1 in this area

    22 Total Sales

    Timothy Gilmartin
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81408120

MLSListings

APN: 026-042-100

California San Mateo County Burlingame 94010 Easton Addition

1436 Drake Ave, Burlingame, CA

This home is located at 1436 Drake Ave, Burlingame, CA 94010 and is currently priced at $2,800,000, approximately $949 per square foot. This property was built in 2005. 1436 Drake Ave is a home located in San Mateo County with nearby schools including Lincoln Elementary School, Burlingame Intermediate School, and Burlingame High School.

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