NOT LISTED FOR SALE

1499 Oak Grove Ave Unit 203 Burlingame, CA 94010

Downtown Burlingame Neighborhood

Estimated Value: $1,199,000 - $1,583,000

2 Beds
2 Baths
1,475 Sq Ft
$600/mo HOA Fee

Last Sold July 18, 2018

Last sale price $1,225,000 $831 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,258/month

47 Days on Market

Highlights

  • 0.35 Acre Lot
  • Two Way Fireplace
  • Jetted Tub in Primary Bathroom
  • McKinley Elementary School Rated A
  • Marble Flooring
  • Granite Countertops

About This Home

As of July 2018

Exquisite luxury condo located in the heart of Burlingame. The living area features a gas fireplace and airy formal dining room. Crown molding throughout. The kitchen area features, granite countertops nook, pantry and ample cabinet space. The sliding glass doors in the dining nook open onto a large private balcony. The master bedroom includes a spacious master suite with walk-in closet. The luxurious master bathroom includes a jet tub and a walk-in shower. Laundry in unit and 2 assigned underground parking spaces come with 4 large storage cabinets. Walkable to Downtown Burlingame Ave. McKinley Elementary just across the street. Easy access to El Camino Real, Hwys 101 and 280, BART and Caltrain stations for an effortless commute to San Francisco or the Silicon Valley

Last Agent to Sell the Property

Stephen Lee

Linz Financial & Realty License #01174243 Listed on: 05/03/2018

Last Buyer's Agent

Maria Brooks

Homestead Realty License #01220639

Homestead Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,202

Year Built

  • Built in 1997

Lot Details

  • 0.35

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Secured Garage or Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Intercom

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 103-820-030

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance, insurance - common area, landscaping / gardening, maintenance - common area, management fee, reserves, roof
  • Oak Grove HOA

Security

  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,202

Year Built

Built in 1997

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 1475
  • Year Built: 1997
  • Zoning Description: RM0000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Dual See Thru, Gas Burning, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1475
  • Stories: 1
  • Security: Controlled / Secured Access, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Formal Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Primary - Tub with Jets, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • View: Neighborhood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 600
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Roof
  • H O A Name Text: Oak Grove HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 103-820-030
  • Lot Acres: 0.3474
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15134.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15134.00

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

Listed on
May 3, 2018
Closed on
Jul 10, 2018
Sold by
Liu Shirley Shin Yi
Bought by
Schimmer Joel R and Silva Anna Sheil De
Seller's Agent
Stephen Lee
Linz Financial & Realty
Buyer's Agent
Maria Brooks
Homestead Realty
List Price
$1,228,000
Sold Price
$1,225,000
Premium/Discount to List
-$3,000
-0.24%
Current Estimated Value
$1,405,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,121
Avg. Annual Appreciation
1.90%
Original Mortgage
$918,750
Outstanding Balance
$787,164
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$617,957

Purchase Details

Closed on
Jun 7, 2013
Sold by
Liu Shirley Shin Yi
Bought by
Liu Shirley Shin Yi

Purchase Details

Closed on
Nov 21, 2007
Sold by
Walker Barry and Walker Debra
Bought by
Liu Shirley Shin Yi

Purchase Details

Closed on
Jul 7, 2006
Sold by
Walker Barry R and Walker Debra J
Bought by
Walker Barry and Walker Debra

Purchase Details

Closed on
Mar 14, 2006
Sold by
Nichol Cynthia A
Bought by
Walker Barry R and Walker Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2003
Sold by
Farnham Lawrence W and Farnham Elaine Chia Ling
Bought by
Nichol Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Farnham Lawrence W and Farnham Elaine C
Bought by
Farnham Lawrence W and Farnham Elaine Chia Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 2001
Sold by
Farnham Lawrence W and Farnham Elaine Chia Ling
Bought by
Farnham Lawrence W and Farnham Elaine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2001
Sold by
Farnham Lawrence W and Farnham Elaine Chia Ling
Bought by
The Lawrence W & Elaine Chia Ling Farnha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Lawrence W & Elaine Chia Ling Farnham Re
Bought by
Farnham Lawrence W and Farnham Elaine Chia Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1997
Sold by
Borel/Poplar Developments Inc
Bought by
Farnham Lawrence W and Farnham Elaine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.81%
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
Schimmer Joel R $1,225,000 Fidelity National Title Co
Liu Shirley Shin Yi -- None Available
Liu Shirley Shin Yi $735,000 North American Title Co
Walker Barry -- Old Republic Title Company
Walker Barry R $680,000 Old Republic Title Company
Nichol Cynthia A $610,000 Commonwealth Land Title Ins
Farnham Lawrence W -- --
Farnham Lawrence W -- Chicago Title Insurance Co
The Lawrence W & Elaine Chia Ling Farnha -- --
Farnham Lawrence W -- Chicago Title Insurance Co
Farnham Lawrence W $385,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schimmer Joel R $918,750
Previous Owner Walker Barry R $340,000
Previous Owner Nichol Cynthia A $488,000
Previous Owner Farnham Lawrence W $84,800
Previous Owner Farnham Lawrence W $275,000
Previous Owner Farnham Lawrence W $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $1,225,000 -0.2% $831 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $1,228,000 -- $833 / 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 $15,202 $1,366,505 $409,393 $957,112
2023 $15,202 $1,313,445 $393,497 $919,948
2022 $14,662 $1,287,692 $385,782 $901,910
2021 $14,683 $1,262,444 $378,218 $884,226
2020 $14,381 $1,249,500 $374,340 $875,160
2019 $14,059 $1,225,000 $367,000 $858,000
2018 $9,893 $848,482 $254,543 $593,939
2017 $9,822 $831,846 $249,552 $582,294
2016 $9,460 $815,536 $244,659 $570,877
2015 $9,419 $803,286 $240,984 $562,302
2014 $9,285 $787,552 $236,264 $551,288
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stephen Lee

    Linz Financial & Realty

    (650) 935-6168

    4 Total Sales

    Stephen Lee
    Section Image

  • M

    Buyer's Agent in 2018

    Maria Brooks

    Homestead Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81703829

MLSListings

APN: 103-820-030

California San Mateo County Burlingame 94010 Downtown Burlingame

1499 Oak Grove Ave Unit 203, Burlingame, CA

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