NOT LISTED FOR SALE

1540 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $3,194,000 - $4,944,000

5 Beds
4 Baths
3,770 Sq Ft
$1,103/Sq Ft Est. Value

About This Home

This home is located at 1540 Drake Ave, Burlingame, CA 94010 and is currently estimated at $4,160,154, approximately $1,103 per square foot. 1540 Drake Ave is a home located in San Mateo County with nearby schools including Lincoln Elementary School, Burlingame Intermediate School, and Burlingame High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2018
Sold by
Velarde Elizabeth S
Bought by
Velarde Elizabeth S and Velarde Trust
Current Estimated Value
$4,160,154

Purchase Details

Closed on
Oct 2, 2018
Sold by
Mccrum Christopher and Velarde Elizabeth S
Bought by
Velarde Elizabeth S

Purchase Details

Closed on
Apr 1, 2016
Sold by
Mccrum Christopher J and Velarde Elizabeth Sotto
Bought by
Mccrum Christopher and Velarde Elizabeth S

Purchase Details

Closed on
Sep 13, 2000
Sold by
Coulston Keith R
Bought by
Mccrum Christopher J and Velarde Elizabeth Sotto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$367,970
Interest Rate
8.38%
Estimated Equity
$3,792,184

Purchase Details

Closed on
Aug 3, 1994
Sold by
Raffin Steven B and Raffin Sherry M
Bought by
Coulston Keith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.73%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Velarde Elizabeth S -- None Available
Velarde Elizabeth S -- None Available
Mccrum Christopher -- None Available
Mccrum Christopher J $1,650,000 Old Republic Title Company
Coulston Keith R -- Old Republic Title Company
Coulston Keith R $720,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrum Christopher J $990,000
Previous Owner Coulston Keith R $370,000
Source: Public Records

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 $27,768 $2,486,290 $1,243,145 $1,243,145
2023 $27,768 $2,389,746 $1,194,873 $1,194,873
2022 $26,773 $2,342,890 $1,171,445 $1,171,445
2021 $26,809 $2,296,952 $1,148,476 $1,148,476
2020 $26,249 $2,273,400 $1,136,700 $1,136,700
2019 $25,664 $2,228,824 $1,114,412 $1,114,412
2018 $25,173 $2,185,122 $1,092,561 $1,092,561
2017 $24,987 $2,142,278 $1,071,139 $1,071,139
2016 $24,070 $2,100,274 $1,050,137 $1,050,137
2015 $23,961 $2,068,726 $1,034,363 $1,034,363
2014 $23,611 $2,028,204 $1,014,102 $1,014,102
Source: Public Records

Map

California San Mateo County Burlingame 94010 Easton Addition

1540 Drake Ave, Burlingame, CA

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