NOT LISTED FOR SALE

1518 Albemarle Way Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $2,258,000 - $4,510,060

4 Beds
2 Baths
3,130 Sq Ft
$985/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $1,550,000 $495 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $18,976/month

10 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Ray Park
  • Lincoln Elementary School Rated A

About This Home

As of November 2013

Duplex in Prime Ray Park location! Private cul-de-sac! Backs up to creek-side location! Identical units with approximately 1,550 sq. ft. each totaling 3,130 sq. ft. They both have 2 bedrooms 1 1/4 bath plus a bonus room. Each unit has one garage parking spot, additional parking in front each unit. They are split levels with some hardwood flooring. Each unit has its own private backyard.

Last Agent to Sell the Property

Glenn Sennett

Coldwell Banker Realty License #00809271 Listed on: 09/30/2013

Coldwell Banker Realty

Last Buyer's Agent

Eric Chen

Coldwell Banker Realty License #00997658

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,539

Year Built

  • 1946

Lot Details

  • 0.27

Home Design

  • 3,130 Sq Ft Home
  • Duplex
  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Composition Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Gas Dryer Hookup
  • Energy-Efficient Insulation
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $49,800
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 3,130 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Operating Expense $5,425
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,539

Year Built

1946

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 67
  • Inspections Reports: Geological/Flood, Pest Control, Property Inspection
  • Sale Price Per Sq Ft: 495.21
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3130
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Garbage Disposal, Varies By Unit, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3130
  • Security: Fire Alarm
  • Laundry: 220 Volt Outlet, Gas Hookup, Laundry Area - In All Units
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: San Mateo Union High
  • Elementary School: Lincoln Elementary
  • Middle School: Burlingame Intermediate
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 677
  • Middle School: 675

Lot Info

  • Lot Location: River/Stream/Lake, Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11717.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 11717.00
  • Lot Size Area Min Search: 11717.00
  • Maximum Lot Size: 11717.00

Green Features

  • Energy Features: Caulked/Sealed, Ceiling Insulation, Walls Insulated

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.08

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expense Maintenance: 500
  • Expenses Total: 5425
  • Income Annual Gross: 49800.00
  • Income Annual Rental: 49800
  • Income Gross Scheduled: 49800
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Maintenance - Repair
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Stenzel Reiner and Stenzel Hatsuko A
Bought by
Stenzel Andreas Ryuta and Yao Chie
Current Estimated Value
$3,084,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,002,200
Outstanding Balance
$914,585
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,320,457

Purchase Details

Listed on
Sep 30, 2013
Closed on
Oct 23, 2013
Sold by
Johnson Marvin A and Johnson Helen K
Bought by
Stenzel Reiner and Stenzel Hatsuko A
Seller's Agent
Glenn Sennett
Coldwell Banker Realty
Buyer's Agent
Eric Chen
Coldwell Banker Realty
List Price
$1,498,000
Sold Price
$1,550,000
Premium/Discount to List
$52,000
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$1,130,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2010
Sold by
Johnson Marvin and Johnson Helen K
Bought by
Johnson Marvin A and Johnson Helen K
Source: Public Records

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Range of Values:

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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
Stenzel Andreas Ryuta -- Wfg National Title Ins Co
Stenzel Reiner $1,550,000 Cornerstone Title Company
Johnson Marvin A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stenzel Andreas Ryuta $1,002,200
Closed Stenzel Reiner $1,130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $1,550,000 +3.5% $495 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $1,498,000 -- $479 / 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
2023 $21,539 $1,826,294 $913,147 $913,147
2022 $20,772 $1,790,486 $895,243 $895,243
2021 $20,797 $1,755,380 $877,690 $877,690
2020 $20,363 $1,737,382 $868,691 $868,691
2019 $19,916 $1,703,316 $851,658 $851,658
2018 $19,537 $1,669,918 $834,959 $834,959
2017 $19,392 $1,637,176 $818,588 $818,588
2016 $18,684 $1,605,076 $802,538 $802,538
2015 $18,598 $1,580,968 $790,484 $790,484
2014 $18,327 $1,550,000 $775,000 $775,000
Source: Public Records

Agents Affiliated with this Home

  • Glenn Sennett

    Seller's Agent in 2013

    Glenn Sennett

    Coldwell Banker Realty

    (650) 558-4250

    49 Total Sales

    Section Image
  • Eric Chen

    Buyer's Agent in 2013

    Eric Chen

    Coldwell Banker Realty

    (650) 400-3135

    12 Total Sales

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Map

Source: MLSListings

MLS Number: ML81336038

MLSListings

APN: 025-228-120

California San Mateo County Burlingame 94010 Easton Addition

1518 Albemarle Way, Burlingame, CA

This home is located at 1518 Albemarle Way, Burlingame, CA 94010 since 30 September 2013 and is currently estimated at $3,084,265, approximately $985 per square foot. This property was built in 1946. 1518 Albemarle Way is a home located in San Mateo County with nearby schools including Lincoln Elementary School, Burlingame Intermediate School, and Burlingame High School.

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