NOT LISTED FOR SALE

1508 Arc Way Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $2,705,000 - $3,738,000

3 Beds
3 Baths
2,436 Sq Ft
$1,370/Sq Ft Est. Value

Highlights

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

About This Home

As of February 2019

Location Location Location! Wonderful home near downtown Burlingame. Formal entry opens to a large living room with hardwood flooring and fireplace. Updated kitchen and adjoining family room. Three generous -sized bedrooms. Master bedroom en-suite with a remodeled bathroom. Lovely front patio with built -in bbq great for indoor/outdoor entertaining. Washer and Dryer included. Great storage. Two car garage. Close to restaurants, shopping and corridor commute routes!

Last Agent to Rent the Property

Patty Dwyer Group

Compass License #70010007 Listed on: 01/25/2019

Compass

Last Renter's Agent

Taylor Hill

Compass License #01974793

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,291

Year Built

  • 1940

Lot Details

  • 6,730 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Barbecue Area
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 1/25/19
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,291

Year Built

1940

Lot Details

0

Parking

2

Rental Info

  • Available: 01/25/2019
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2436
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Eat In Kitchen
  • Kitchen: Dishwasher, Island, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2436
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Back Yard, Bbq Area

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air

Schools

  • High School: 615

Lot Info

  • Lot Acres: 0.1545
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6731.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6731.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2011
Sold by
Choy Gavin S and Choy Eileen T
Bought by
Choy Gavin S and Choy Eileen T
Current Estimated Value
$3,336,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$35,188
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$3,301,420

Purchase Details

Closed on
Aug 12, 2006
Sold by
Choy Gavin S and Choy Eileen T
Bought by
Choy Gavin S and Choy Eileen T

Purchase Details

Closed on
Feb 12, 2003
Sold by
Wohler William J and Brinton Lynn
Bought by
Choy Gavin S and Choy Eileen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
5.93%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Lee Stinson Nell
Bought by
Wohler William J and Brinton Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Choy Gavin S -- Old Republic Title Company
Choy Gavin S -- Old Republic Title Company
Choy Gavin S -- None Available
Choy Gavin S $995,000 First American Title Company
Wohler William J $540,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choy Gavin S $496,000
Closed Choy Gavin S $596,000
Previous Owner Wohler William J $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Rented $6,450 +3.2% --
02/07/2019 02/07/19 Under Contract -- -- --
01/25/2019 01/25/19 For Rent $6,250 -- --
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 $16,291 $1,441,078 $720,539 $720,539
2023 $16,291 $1,385,120 $692,560 $692,560
2022 $15,714 $1,357,962 $678,981 $678,981
2021 $15,734 $1,331,336 $665,668 $665,668
2020 $15,408 $1,317,686 $658,843 $658,843
2019 $15,069 $1,291,850 $645,925 $645,925
2018 $14,784 $1,266,520 $633,260 $633,260
2017 $15,169 $1,241,688 $620,844 $620,844
2016 $14,137 $1,217,342 $608,671 $608,671
2015 $14,074 $1,199,058 $599,529 $599,529
2014 $13,872 $1,175,572 $587,786 $587,786
Source: Public Records

Agents Affiliated with this Home

  • Patty Dwyer Group

    Landlord's Agent in 2019

    Patty Dwyer Group

    Compass

    (650) 931-2035

    3 in this area

    281 Total Sales

    Patty Dwyer Group
    Section Image
  • Taylor Hill

    Tenant's Agent in 2019

    Taylor Hill

    Compass

    (650) 678-9513

    1 in this area

    49 Total Sales

    Taylor Hill
    Section Image
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Map

Source: MLSListings

MLS Number: ML81736632

MLSListings

APN: 028-132-110

California San Mateo County Burlingame 94010 Burlingame Terrace

1508 Arc Way, Burlingame, CA

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