NOT LISTED FOR SALE

1501 Alturas Dr Burlingame, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $2,856,000 - $3,332,000

5 Beds
3 Baths
2,550 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $2,500,000 $980 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $18,347/month

75 Days on Market

Highlights

  • Wood Flooring
  • Den
  • 2 Car Attached Garage
  • Hoover Elementary School Rated A
  • Open to Family Room
  • Kitchen Island

About This Home

As of March 2021

Back on Market with updated primary suite and walk-in closet! Modern style meets timeless beauty. The Ruiz-Johnson team is excited to present our latest Design to Sell project in collaboration with the owners. Located in the desirable Burlingame Hills, this large home recently underwent a complete designer transformation both inside and out, is nearby all the area's top schools, and less than 30 minutes from both San Francisco and Silicon Valley. Featuring 5 bedrooms, 3 bathrooms, floor to ceiling windows in the living room, and a home office, the modern finishes, open space concept and a majorly cool exterior color scheme balances these elements, creating an aesthetically pleasing design in every room. The split-level, dynamic floor plan of this home accommodates changing lifestyles, whether that's working or learning from home, expanding your family, or simply enjoying life. Fresh landscaping helps its guests truly capture the privacy and functionality of the dual outdoor spaces.

Last Agent to Sell the Property

Alisa Ruiz-Johnson

Christie's International Real Estate Sereno License #00901508 Listed on: 12/12/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

SALA Homes Group

Hestia Real Estate Inc. License #70010183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,078

Year Built

  • 1955

Lot Details

  • 8,660 Sq Ft Lot
  • Wood Fence
  • Corners Of The Lot Have Been Marked

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • Dining Room
  • Den
  • Wood Flooring
  • Crawl Space

Kitchen

  • Open to Family Room
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,078

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2550
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room
  • Kitchen: Dishwasher, Island, Microwave, Refrigerator
  • Living Sq Ft: 2550
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Wood
  • Additional Rooms: Den / Study / Office
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Corners Marked
  • Lot Acres: 0.1988
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8660.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8660.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Mar 18, 2021
Sold by
Reynolds Marc Andrew and Ann Spirz Living Trust
Bought by
Gong Lei and Gao Chen
Seller's Agent
Alisa Ruiz-Johnson
Christie's International Real Estate Sereno
Buyer's Agent
SALA Homes Group
Hestia Real Estate Inc.
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%
Current Estimated Value
$3,026,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,305
Avg. Annual Appreciation
4.26%
Original Mortgage
$2,000,000
Outstanding Balance
$1,793,769
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,232,536

Purchase Details

Listed on
Dec 12, 2020
Closed on
Mar 3, 2021
Sold by
Spirz Robert C
Bought by
Spirz Ann Frances and Ann Spirz Living Trust
Seller's Agent
Alisa Ruiz-Johnson
Christie's International Real Estate Sereno
Buyer's Agent
SALA Homes Group
Hestia Real Estate Inc.
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,793,769
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,232,536

Purchase Details

Closed on
Sep 20, 2020
Sold by
Spirz Ann Frances and Reynolds Ann F
Bought by
Spirz Ann Frances and Ann Spirz 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 Buyer Sale Price Title Company
Gong Lei $2,500,000 Chicago Title Company
Spirz Ann Frances -- Chicago Title Company
Spirz Ann Frances -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Lei $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $2,500,000 +0.6% $980 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $2,485,000 -7.8% $975 / Sq Ft
02/12/2021 02/12/21 For Sale $2,695,000 +7.8% $1,057 / Sq Ft
01/21/2021 01/21/21 Off Market $2,500,000 -- --
01/14/2021 01/14/21 Price Changed $2,695,000 -3.6% $1,057 / Sq Ft
12/12/2020 12/12/20 For Sale $2,795,000 -- $1,096 / 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 $30,078 $2,706,078 $1,948,377 $757,701
2023 $30,078 $2,601,000 $1,872,720 $728,280
2022 $29,001 $2,550,000 $1,836,000 $714,000
2021 $2,331 $165,725 $33,959 $131,766
2020 $2,028 $164,026 $33,611 $130,415
2019 $1,986 $160,810 $32,952 $127,858
2018 $2,202 $157,657 $32,306 $125,351
2017 $2,184 $154,567 $31,673 $122,894
2016 $2,104 $151,537 $31,052 $120,485
2015 $2,091 $149,262 $30,586 $118,676
2014 $2,062 $146,339 $29,987 $116,352
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alisa Ruiz-Johnson

    Christie's International Real Estate Sereno

    Section Image

  • S

    Buyer's Agent in 2021

    SALA Homes Group

    Hestia Real Estate Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81823089

MLSListings

APN: 027-047-060

California San Mateo County Burlingame 94010 Burlingame Hills

1501 Alturas Dr, Burlingame, CA

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