NOT LISTED FOR SALE

1516 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $3,004,000 - $3,309,508

3 Beds
2 Baths
2,360 Sq Ft
$1,365/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $1,705,000 $722 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $18,824/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Burning Stove
  • Spanish Architecture
  • Lincoln Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of March 2014

Character & classic detail hightlight this exquisite 3BD/2BA home on a cul-de-sac in sought after Easton Addition. Huge master bedroom & bathroom. Hardwood & tile floors throughout, kitchen with breakfast room + office nook. Separate dining room, Bonus solarium & attic room. Perfect blend of charm & traditional formality. A rare find.

Last Agent to Sell the Property

Michael Liffmann

Compass License #01487212 Listed on: 02/07/2014

Compass

Last Buyer's Agent

Todd Beardsley

Menlo Atherton Realty License #01109812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,587

Year Built

  • Built in 1925

Lot Details

  • Fenced
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Solarium
  • Neighborhood Views
  • Washer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026-032-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,587

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 722.46
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2360
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 5
  • Map Top Coordinate: D
  • Thomas Bros Page: 728
  • Thomas Brothers: D5
  • Year Built: 1925
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Stove, Yes
  • Dining Room: Formal Dining Room, Breakfast Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, 220 Volt Outlet
  • Living Sq Ft: 2360
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry, Solarium, Attic
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Post and Pier, Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Gazebo, Patio(s), Sprinkler(s) - Front, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Radiant, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 026-032-110
  • List Price per Sq Ft: 709.75
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 28, 2014
Sold by
Neal John O and Neal Regina O
Bought by
The Chu & Chiu Family Trust and Chu Kevin T
Seller's Agent
Michael Liffmann
Compass
Buyer's Agent
Todd Beardsley
Menlo Atherton Realty
List Price
$1,675,000
Sold Price
$1,705,000
Premium/Discount to List
$30,000
1.79%
Current Estimated Value
$3,220,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,515,877
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,364,000
Outstanding Balance
$1,033,863
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$2,187,014

Purchase Details

Closed on
Oct 28, 2009
Sold by
Oneal John and Oneal Regina S
Bought by
Oneal John and Oneal Regina

Purchase Details

Closed on
Jun 18, 2009
Sold by
Oneal John and Oneal Regina S
Bought by
Oneal John and Oneal Regina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1994
Sold by
Oneal John and Oneal Regina S
Bought by
Oneal John and Oneal Regina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.65%
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
The Chu & Chiu Family Trust $1,705,000 North American Title Co Inc
Oneal John -- None Available
Oneal John -- Fidelity National Title Co
Oneal John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Chu & Chiu Family Trust $1,364,000
Previous Owner Oneal John $143,000
Previous Owner Oneal John $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2014 03/11/14 Sold $1,705,000 +1.8% $722 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,675,000 -- $710 / 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 $23,587 $2,117,721 $1,808,144 $309,577
2023 $23,587 $2,035,491 $1,737,933 $297,558
2022 $22,744 $1,995,581 $1,703,856 $291,725
2021 $22,776 $1,956,454 $1,670,448 $286,006
2020 $22,303 $1,936,395 $1,653,320 $283,075
2019 $21,805 $1,898,428 $1,620,902 $277,526
2018 $21,388 $1,861,206 $1,589,120 $272,086
2017 $21,230 $1,824,713 $1,557,961 $266,752
2016 $20,450 $1,788,935 $1,527,413 $261,522
2015 $20,359 $1,762,065 $1,504,470 $257,595
2014 $5,027 $371,278 $155,395 $215,883
Source: Public Records

Agents Affiliated with this Home

  • Michael Liffmann

    Seller's Agent in 2014

    Michael Liffmann

    Compass

    (650) 307-5100

    24 Total Sales

    Michael Liffmann
    Section Image

  • T

    Buyer's Agent in 2014

    Todd Beardsley

    Menlo Atherton Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81403799

MLSListings

APN: 026-032-110

California San Mateo County Burlingame 94010 Easton Addition

1516 Drake Ave, Burlingame, CA

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