NOT LISTED FOR SALE

1540 Los Montes Dr Burlingame, CA 94010

Burlingame Hills Neighborhood

Estimated Value: $3,437,505 - $3,865,000

4 Beds
3 Baths
2,540 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $3,810,000 $1,500 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $22,613/month

9 Days on Market

Highlights

  • Bay View
  • 2 Fireplaces
  • Laundry in Utility Room
  • Franklin Elementary School Rated A
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of October 2024

Beautiful single family home w/ amazing bay views nestled in Burlingame Hills! Featuring 3 bedrooms, 2 bathrooms, a living room/dining room upstairs, & a family room w/ 1 bedroom 1 bathroom downstairs. Updated eat-in kitchen w/ custom cabinetry, quartz countertops, & stainless steel appliances w/ a 5-burner gas stove. A light & bright floor plan w/ refinished hardwood floors, 2 wood burning fireplaces, updated bathrooms, double pane windows, newer interior & exterior paint, & a separate laundry room. A spacious deck & large backyard patio area w/ bay views plus two additional tiers w/ so much potential. Highly sought after location & conveniently located within a desirable school district, Highway 280, Burlingame Plaza Shopping Center, Mills-Peninsula Medical Center, Bart, & San Francisco International Airport!

Last Agent to Sell the Property

Chris Sabido

eXp Realty of California Inc License #01712312 Listed on: 08/26/2024

eXp Realty of California Inc

Last Buyer's Agent

Daniel Cheng

eXp Realty of California Inc License #01376398

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,879

Year Built

  • Built in 1965

Lot Details

  • 10,267 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights
  • Neighborhood

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,540 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 027-015-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,879

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 2540
  • Year Built: 1965
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Living Sq Ft: 2540
  • Laundry: In Utility Room, Washer / Dryer
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle
  • View: Bay, City Lights, Neighborhood

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 027-015-160
  • Lot Acres: 0.2357
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10269.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10269.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 25, 2024
Sold by
Leong Catherine K
Bought by
Li Binzhi and Yang Yun
Seller's Agent
Chris Sabido
eXp Realty of California Inc
Buyer's Agent
Daniel Cheng
eXp Realty of California Inc
List Price
$2,990,000
Sold Price
$3,810,000
Premium/Discount to List
$820,000
27.42%
Views
26
Current Estimated Value
$3,688,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,064
Avg. Annual Appreciation
-5.01%
Original Mortgage
$3,000,000
Outstanding Balance
$2,975,008
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$675,958

Purchase Details

Closed on
Jan 6, 2021
Sold by
Leong George A
Bought by
Leong Catherine K

Purchase Details

Closed on
Sep 5, 2019
Sold by
Long Yu
Bought by
Leong Catherine K and Leong George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2019
Sold by
Leong Shirley N S
Bought by
Leong George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1998
Sold by
Hiroyoshi Cho
Bought by
Yu Long
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
Li Binzhi $3,810,000 Fidelity National Title
Leong Catherine K $1,100,000 None Available
Leong Catherine K $2,200,000 Chicago Title Company
Leong George A -- Chicago Title Company
Yu Long $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Binzhi $1,500,000
Open Li Binzhi $3,000,000
Previous Owner Leong Catherine K $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $3,810,000 +27.4% $1,500 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $2,990,000 -- $1,177 / 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 $26,879 $3,810,000 $2,200,000 $1,610,000
2023 $26,879 $2,312,590 $1,892,120 $420,470
2022 $25,917 $2,267,246 $1,855,020 $412,226
2021 $26,032 $2,222,792 $1,818,648 $404,144
2020 $25,489 $2,200,000 $1,800,000 $400,000
2019 $6,383 $513,843 $195,151 $318,692
2018 $6,265 $503,769 $191,325 $312,444
2017 $6,218 $493,892 $187,574 $306,318
2016 $5,992 $484,209 $183,897 $300,312
2015 $5,963 $476,937 $181,135 $295,802
2014 $5,878 $467,595 $177,587 $290,008
Source: Public Records

Agents Affiliated with this Home

  • Chris Sabido

    Seller's Agent in 2024

    Chris Sabido

    eXp Realty of California Inc

    (650) 922-8888

    1 in this area

    71 Total Sales

    Section Image

  • D

    Buyer's Agent in 2024

    Daniel Cheng

    eXp Realty of California Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81978015

MLSListings

APN: 027-015-160

California San Mateo County Burlingame 94010 Burlingame Hills

1540 Los Montes Dr, Burlingame, CA

This home is located at 1540 Los Montes Dr, Burlingame, CA 94010 since 26 August 2024 and is currently estimated at $3,729,376, approximately $1,468 per square foot. This property was built in 1965. 1540 Los Montes Dr is a home located in San Mateo County with nearby schools including Franklin Elementary School, Burlingame Intermediate School, and Burlingame High School.

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