NOT LISTED FOR SALE

1500 Willow Ave Unit 202 Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $853,174 - $1,001,000

2 Beds
2 Baths
1,032 Sq Ft
$389/mo HOA Fee

Last Sold March 30, 2022

Last sale price $865,000 $838 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,019/month

6 Days on Market

Highlights

  • Quartz Countertops
  • Breakfast Area or Nook
  • Baseboard Heating
  • McKinley Elementary School Rated A
  • Electric Gate
  • Washer and Dryer

About This Home

As of March 2022

Just updated, this 2-bedroom, 2-bath second-story condominium home features two exclusive-use balconies overlooking the Burlingame Terrace neighborhood, just one short block from Hillsborough. This 1,032-square-foot (per county records) home provides a comfortable ambiance. Its well-planned layout is perfect for entertaining guests. The entire south-facing, sun-filled interior has been freshly painted. Most rooms have designer light fixtures and just-installed wall-to-wall carpeting or LVT flooring. Updated kitchen includes eat-in area; gleaming, unused GE stainless stove, refrigerator, and dishwasher; granite countertops; freshly painted cabinets and cupboards; a big pantry closet. Remodeled hall bathroom features new vanity with quartz countertop and soft-close drawers and doors, reglazed shower over tub, Glacier Bay toilet, new mirror, designer light fixture, newly installed LVT floor. Laundry closet contains newly installed stacked washer and dryer.

Last Agent to Sell the Property

Langford & Sinclair

Compass License #70010171 Listed on: 02/24/2022

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,282

Year Built

  • 1981

Lot Details

  • 0.35

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Gate

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Baseboard Heating
  • 220 Volts

Community Details

  • Association fees include common area electricity, garbage, hot water, insurance, landscaping / gardening, management fee, roof, sewer, water
  • Willow Circle Homeowners'association Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,282

Year Built

1981

Lot Details

0

HOA Fees

$389 per month

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 202
  • Max Numberof Unitsin Building: 18
  • Structure Sq Ft: 1032
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Dining "L"
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Quartz, Dishwasher, Hood Over Range, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1032
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Electric Gate, Underground Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 389
  • 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, Garbage, Hot Water, Insurance, Landscaping / Gardening, Management Fee, Roof, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Willow Circle Homeowners'Association

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 22, 2022
Sold by
Joan B Adams Trust
Bought by
Kim Jeongwon
Seller's Agent
Langford & Sinclair
Compass
Buyer's Agent
David Kim
Compass
List Price
$828,000
Sold Price
$865,000
Premium/Discount to List
$37,000
4.47%
Current Estimated Value
$907,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,294
Avg. Annual Appreciation
1.34%
Original Mortgage
$692,000
Outstanding Balance
$648,275
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$259,019

Purchase Details

Closed on
Jan 13, 2012
Sold by
Ow Yeang Yuan F and Hamman Sari
Bought by
Adams Joan B

Purchase Details

Closed on
Sep 24, 2009
Sold by
Ow Yeang Yuan F and Hamman Sari
Bought by
Ow Yeang Yuan F and Hamman Sari

Purchase Details

Closed on
Nov 19, 2007
Sold by
Ferren Susan R
Bought by
Ow Yeang Yuan F and Hamman Sari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Ferren Susan R
Bought by
Ferren Susan R

Purchase Details

Closed on
Aug 17, 1999
Sold by
Mills Margaret E
Bought by
Ferren Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1998
Sold by
Eisler Shirley E
Bought by
Eisler Benjamin D and Eisler Shirley Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1998
Sold by
Orwitz Michael
Bought by
Mills Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1997
Sold by
Rosen Stephen
Bought by
Rosen Kim Orwitz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.95%
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
Kim Jeongwon $865,000 New Title Company Name
Adams Joan B $525,000 First American Title Company
Ow Yeang Yuan F -- None Available
Ow Yeang Yuan F $584,000 Fidelity National Title Co
Ferren Susan R -- None Available
Ferren Susan R $310,000 First American Title Co
Eisler Benjamin D -- North American Title Insuran
Mills Margaret E $243,000 North American Title Insuran
Rosen Kim Orwitz -- North American Title Insuran
Orwitz Orwitz Michael Michael -- North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jeongwon $692,000
Previous Owner Ow Yeang Yuan F $467,200
Previous Owner Ferren Susan R $248,000
Previous Owner Mills Margaret E $194,400
Closed Ferren Susan R $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $865,000 +4.5% $838 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $828,000 -- $802 / 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 $10,282 $917,943 $275,382 $642,561
2023 $10,282 $882,300 $264,690 $617,610
2022 $1,423 $106,467 $36,942 $69,525
2021 $1,423 $104,380 $36,218 $68,162
2020 $1,398 $103,311 $35,847 $67,464
2019 $1,371 $101,287 $35,145 $66,142
2018 $1,348 $99,302 $34,456 $64,846
2017 $1,355 $97,356 $33,781 $63,575
2016 $1,286 $95,448 $33,119 $62,329
2015 $1,280 $94,015 $32,622 $61,393
2014 $1,264 $92,174 $31,983 $60,191
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Langford & Sinclair

    Compass

  • David Kim

    Buyer's Agent in 2022

    David Kim

    Compass

    (650) 988-5114

    1 in this area

    167 Total Sales

    David Kim
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Map

Source: MLSListings

MLS Number: ML81879669

MLSListings

APN: 108-360-020

California San Mateo County Burlingame 94010 Burlingame Terrace

1500 Willow Ave Unit 202, Burlingame, CA

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