NOT LISTED FOR SALE

1547 Drake Ave Burlingame, CA 94010

Easton Addition Neighborhood

Estimated Value: $4,064,000 - $4,407,000

4 Beds
4.5 Baths
2,557 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $3,000,000 $1,173 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $25,085/month

8 Days on Market

Highlights

  • Family Room with Fireplace
  • Soaking Tub in Primary Bathroom
  • Traditional Architecture
  • Lincoln Elementary School Rated A
  • Marble Flooring
  • Marble Bathroom Countertops

About This Home

As of August 2017

OPEN a HOUSE THURSDAY 7/6 from 4-6. Gorgeous Home located in the most sought after Cul de Sac Location on Drake Ave! Perfectly proportioned home with an open concept floor plan. Stunning Hardwood Floors through out the main level offer a cohesive sophisticated look. One main Floor Bedroom Suite as well as a powder room, and Three Additional bedroom suites upstairs. Master with balcony overlooks beautiful yard. All bathrooms have a consistent feel and use of materials. High Ceilings, indoor outdoor entertaining flow, fabulous Street, great schools!

Last Agent to Sell the Property

Ellen Mazzoni

Compass License #00911540 Listed on: 06/29/2017

Compass

Last Buyer's Agent

Nicole Aron

Compass License #00952657

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,773

Year Built

  • Built in 2005

Lot Details

  • 5,998 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,557 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Crawl Space
  • Intercom

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026-033-260

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,773

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2557
  • Incorporated: Yes
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Dining Area, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Microwave, Oven - Self Cleaning, Oven Range, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2557
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Upper Floor
  • Flooring: Carpet, Hardwood, Marble
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Marble, Primary - Oversized Tub, Shower and Tub, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Property Faces: Northeast
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 615

Lot Info

  • Lot Description: Grade - Level, Grade - Mostly Level
  • Parcel Number: 026-033-260
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • High School Text: Burlingame High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 2, 2017
Sold by
Cimmet Peter E and Cimmet Mary L
Bought by
Yeom Kristen W and Duh Michael J
Seller's Agent
Ellen Mazzoni
Compass
Buyer's Agent
Nicole Aron
Compass
List Price
$2,850,000
Sold Price
$3,000,000
Premium/Discount to List
$150,000
5.26%
Current Estimated Value
$4,191,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,115
Avg. Annual Appreciation
4.15%
Original Mortgage
$250,000
Outstanding Balance
$208,154
Interest Rate
3.88%
Mortgage Type
Unknown
Estimated Equity
$3,982,961

Purchase Details

Closed on
Jul 18, 2008
Sold by
Miolla Raymond L and Liebes Cristine
Bought by
Cimmet Peter E and Cimmet Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Miller Otto
Bought by
Miolla Raymond L and Liebes Cristine

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
5.65%
Mortgage Type
Credit Line Revolving
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
Yeom Kristen W $3,000,000 Lawyers Title Company
Cimmet Peter E $2,225,000 Fidelity National Title Co
Miolla Raymond L $2,000,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeom Kristen W $250,000
Open Yeom Kristen W $700,000
Previous Owner Cimmet Peter E $1,000,000
Previous Owner Miolla Raymond L $450,000
Previous Owner Miolla Raymond L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $3,000,000 +5.3% $1,173 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $2,850,000 -- $1,115 / 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 $37,773 $3,413,483 $2,389,439 $1,024,044
2023 $37,773 $3,280,935 $2,296,655 $984,280
2022 $36,420 $3,216,604 $2,251,623 $964,981
2021 $36,474 $3,153,534 $2,207,474 $946,060
2020 $35,715 $3,121,200 $2,184,840 $936,360
2019 $34,912 $3,060,000 $2,142,000 $918,000
2018 $34,243 $3,000,000 $2,100,000 $900,000
2017 $28,592 $2,468,816 $1,234,408 $1,234,408
2016 $27,541 $2,420,408 $1,210,204 $1,210,204
2015 $25,898 $2,250,000 $1,125,000 $1,125,000
2014 $24,596 $2,125,000 $1,062,500 $1,062,500
Source: Public Records

Agents Affiliated with this Home

  • Ellen Mazzoni

    Seller's Agent in 2017

    Ellen Mazzoni

    Compass

    (650) 464-2097

    6 in this area

    26 Total Sales

    Ellen Mazzoni
    Section Image

  • N

    Buyer's Agent in 2017

    Nicole Aron

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81668033

MLSListings

APN: 026-033-260

California San Mateo County Burlingame 94010 Easton Addition

1547 Drake Ave, Burlingame, CA

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