NOT LISTED FOR SALE

1509 Sanchez Ave Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $4,016,000 - $5,449,000

5 Beds
4.5 Baths
4,150 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $3,888,000 $937 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $27,932/month

80 Days on Market

Highlights

  • Private Pool
  • Deck
  • Balcony
  • McKinley Elementary School Rated A
  • Formal Dining Room
  • 4-minute walk to Paloma Playground

About This Home

As of May 2021

Stunning custom-built 2-story showcase home nestled on flat land and has been tastefully updated throughout the years. Some highlights include a cathedral ceiling, floor-to-ceiling windows, recessed lighting, surrounded sound system throughout the house, stainless steel railing, six surveillance cameras, custom-built cabinets in the garage, and a sparkling pool with a spa. Runtal Radiators operate as part of a closed-loop hydronic (hot water) heating system. The home perfectly balances privacy with relaxation, and elegance with ample charm; this home is in move-in ready condition. Walk to many amenities and Caltrain Station on Broadway. Less than a block away from the nearest bus station and less than a mile driving distance to Downtown Burlingame. Easy access to San Francisco and Silicon Valley via Highway 101.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 01/18/2021

Last Buyer's Agent

Richard Kuhr

Real Estate eBroker Inc License #01804072

Home Details

Home Type

  • Single Family

Year Built

  • 1985

Lot Details

  • 7,048 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,150 Sq Ft Home
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Monitored
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Deck

Utilities

  • Radiant Heating System

Home Details

Home Type

Single Family

Year Built

1985

Lot Details

7,048 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4150
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4150
  • Security: Video / Audio System
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Pool Description: Yes
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck
  • Fencing: Fenced
  • Pool: Pool - In Ground, Spa - In Ground

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.1618
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7050.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jun 15, 2021
Sold by
Fisher Matthew and Collins Jason
Bought by
Fisher Matthew and Collins Jason
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Richard Kuhr
Real Estate eBroker Inc
List Price
$5,270,000
Sold Price
$3,888,000
Premium/Discount to List
-$1,382,000
-26.22%
Current Estimated Value
$4,706,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,180
Avg. Annual Appreciation
4.06%
Original Mortgage
$3,000,000
Outstanding Balance
$2,681,206
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,024,974

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 13, 2021
Sold by
Korotky Yelena
Bought by
Fisher Matthew and Collins Jason
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Richard Kuhr
Real Estate eBroker Inc
List Price
$5,270,000
Sold Price
$3,888,000
Premium/Discount to List
-$1,382,000
-26.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,681,206
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,024,974

Purchase Details

Closed on
May 30, 1996
Sold by
Regos Oscar J
Bought by
Korotky Leonid and Korotky Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fisher Matthew -- None Available
Fisher Matthew $3,888,000 Orange Coast Ttl Co Of Nocal
Korotky Leonid $500,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Matthew $3,000,000
Previous Owner Korotky Leonid $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $3,888,000 -2.3% $937 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
02/22/2021 02/22/21 Price Changed $3,980,000 -18.8% $959 / Sq Ft
02/09/2021 02/09/21 Price Changed $4,899,000 -7.0% $1,180 / Sq Ft
01/18/2021 01/18/21 For Sale $5,270,000 -- $1,270 / Sq Ft
Source: MLSListings

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 $44,547 $4,208,494 $2,247,128 $1,961,366
2023 $44,547 $4,045,074 $2,159,870 $1,885,204
2022 $44,844 $3,965,760 $2,117,520 $1,848,240
2021 $9,528 $795,801 $383,682 $412,119
2020 $9,331 $787,642 $379,748 $407,894
2019 $9,128 $772,199 $372,302 $399,897
2018 $8,956 $757,058 $365,002 $392,056
2017 $8,949 $742,216 $357,846 $384,370
2016 $8,563 $727,664 $350,830 $376,834
2015 $8,522 $716,736 $345,561 $371,175
2014 $8,399 $702,697 $338,792 $363,905
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2021

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    4 in this area

    382 Total Sales

    Stanley Lo
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Kuhr

    Real Estate eBroker Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81826241

MLSListings

APN: 028-131-250

California San Mateo County Burlingame 94010 Burlingame Terrace

1509 Sanchez Ave, Burlingame, CA

Not Listed for Sale

Detached

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