NOT LISTED FOR SALE

1499 Oak Grove Ave Unit 103 Burlingame, CA 94010

Downtown Burlingame Neighborhood

Estimated Value: $1,181,000 - $1,530,000

2 Beds
2 Baths
1,475 Sq Ft
0.35 Acres

Last Sold May 06, 2016

Last sale price $960,000 $651 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,251/month

11 Days on Market

Highlights

  • 0.35 Acre Lot
  • Two Way Fireplace
  • Mediterranean Architecture
  • McKinley Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Ground Level Unit

About This Home

As of May 2016

Convenient to thriving Burlingame Avenue this elegant condo features beautiful finishes, and a light-filled floor plan, that includes a cozy outdoor patio. The wonderful ambiance allows effortless living so you can take the advantage of the many amenities that are just minutes from your door. Two spacious bedrooms and two full baths. Master has a walk-in closet. Spacious eat-in kitchen with granite countertops, and light-filled casual breakfast nook opens to an inviting patio. Built in 1997, this condo offers wonderful updates and amenities including in-unit laundry, gas range and double-sided gas fireplace.

Last Agent to Sell the Property

Tatum Joyce And Tatum Real Esta

Christie's International Real Estate Sereno License #70010026 Listed on: 03/28/2016

Christie's International Real Estate Sereno

Last Buyer's Agent

Yuli Lyman

Coldwell Banker Realty License #01121833

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,683

Year Built

  • Built in 1997

Lot Details

  • 0.35

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Off-Site Parking

Home Design

  • Mediterranean Architecture
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Granite Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Home Security

Additional Features

  • Balcony
  • Ground Level Unit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 103-810-030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, landscaping / gardening, management fee, roof, sewer, water
  • 16 Units
  • Davis Sterling Association
  • Built by Oak Grove
  • Rental Restrictions

Amenities

  • Community Barbecue Grill
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,683

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Park Rental Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 16
  • Structure Sq Ft: 1475
  • Complex Name: Oak Grove
  • Year Built: 1997
  • Zoning Description: RM0000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Dual See Thru
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Hood Over Range, Ice Maker, Microwave, Oven Range - Gas, Refrigerator, Trash Compactor
  • Living Sq Ft: 1475
  • Stories: 1
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Foam
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Off-Site Parking, Underground Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 560
  • HOA Amenities: BBQ Area, Elevator
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Landscaping / Gardening, Management Fee, Roof, Sewer, Water
  • H O A Name Text: Davis Sterling
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Lot Description: Ground Floor
  • Parcel Number: 103-810-030
  • Lot Acres: 0.3470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15132.74
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15132.74

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: McKinley Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 28, 2016
Sold by
Bender Micnael D and Bender Pearl W
Bought by
Dong Xiaoman and Wang Xiaohong
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Yuli Lyman
Coldwell Banker Realty
List Price
$918,000
Sold Price
$960,000
Premium/Discount to List
$42,000
4.58%
Current Estimated Value
$1,367,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,477
Avg. Annual Appreciation
3.80%
Original Mortgage
$768,000
Outstanding Balance
$612,375
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$755,102

Purchase Details

Listed on
Mar 28, 2016
Closed on
Mar 24, 2016
Sold by
Wylie Nora and Bender Pearl
Bought by
Bender Pearl
Seller's Agent
Tatum Joyce And Tatum Real Esta
Christie's International Real Estate Sereno
Buyer's Agent
Yuli Lyman
Coldwell Banker Realty
List Price
$918,000
Sold Price
$960,000
Premium/Discount to List
$42,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Outstanding Balance
$612,375
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$755,102

Purchase Details

Closed on
Feb 8, 2012
Sold by
Bender Michael D and Bender Pearl W
Bought by
Bender Michael D and Bender Pearl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Wang Chieh
Bought by
Wang Chieh and Wylie Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 26, 2004
Sold by
Bender Michael D and Bender Pearl W
Bought by
Bender Michael D and Bender Pearl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 10, 1997
Sold by
Borel/Poplar Development Inc
Bought by
Bender Michael D and Bender Pearl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
7.86%
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
Dong Xiaoman $960,000 North American Title Co Inc
Bender Pearl -- None Available
Bender Michael D -- North American Title Co Inc
Bender Michael D -- North American Title Co Inc
Wang Chieh -- --
Bender Michael D -- --
Bender Michael D -- --
Bender Michael D -- North American Title Co
Bender Michael D $365,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Xiaoman $768,000
Previous Owner Bender Michael D $152,000
Previous Owner Bender Michael D $172,500
Previous Owner Bender Michael D $182,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $960,000 +4.6% $651 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $918,000 -- $622 / 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 $12,683 $1,136,436 $340,929 $795,507
2023 $12,683 $1,092,309 $327,692 $764,617
2022 $12,234 $1,070,892 $321,267 $749,625
2021 $12,251 $1,049,895 $314,968 $734,927
2020 $11,999 $1,039,131 $311,739 $727,392
2019 $11,732 $1,018,757 $305,627 $713,130
2018 $11,511 $998,783 $299,635 $699,148
2017 $11,426 $979,200 $293,760 $685,440
2016 $5,940 $502,162 $150,643 $351,519
2015 $5,915 $494,620 $148,381 $346,239
2014 $5,833 $484,932 $145,475 $339,457
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tatum Joyce And Tatum Real Esta

    Christie's International Real Estate Sereno

    (650) 714-5852

    2 in this area

    169 Total Sales

    Tatum Joyce And Tatum Real Esta
    Section Image

  • Y

    Buyer's Agent in 2016

    Yuli Lyman

    Coldwell Banker Realty

    (650) 941-7040

    13 Total Sales

    Yuli Lyman
    Section Image
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Map

Source: MLSListings

MLS Number: ML81577141

MLSListings

APN: 103-810-030

California San Mateo County Burlingame 94010 Downtown Burlingame

1499 Oak Grove Ave Unit 103, Burlingame, CA

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