NOT LISTED FOR SALE

1548 Balboa Ave Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $3,802,154 - $4,558,000

2 Beds
1 Bath
1,350 Sq Ft
$3,117/Sq Ft Est. Value

Last Sold October 06, 2016

Last sale price $1,480,000 $1,096 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $23,745/month

4 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Double Oven
  • Lincoln Elementary School Rated A
  • Formal Dining Room
  • 3-minute walk to Ray Park

About This Home

As of October 2016

Charming "Ray Park" ranch-style home conveniently located close to shopping, BART, parks and schools. This 2-Bed, 1-Bath, home features, separate dining room, updated bathroom, hardwood flooring, 2-car garage, laundry room off the kitchen and landscaped backyard with patio and water feature. Great Upside for first time homeowners or investors.

Last Agent to Sell the Property

RECIP

Out of Area Office License #00000000 Listed on: 08/24/2016

Last Buyer's Agent

Marla Perego

Coldwell Banker Realty License #01414560

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,482

Year Built

  • Built in 1948

Lot Details

  • 5,489 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Double Oven
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 025-228-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,482

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1350
  • Year Built: 1948
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Ceramic, Dishwasher, Garbage Disposal, Oven - Double
  • Living Sq Ft: 1350
  • Flooring: Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Concrete, Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Wood Frame

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 Connected, Sewer in Street

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 025-228-200
  • Lot Acres: 0.1260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5501.63
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5501.63

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Fu James Z J and Liu Zhi Hui
Bought by
Du Alexander V and Chen Diyang
Current Estimated Value
$3,903,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,497,881
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$929,792

Purchase Details

Closed on
Feb 28, 2018
Sold by
Li Edward Y and Liu Zhi Hui
Bought by
Fu James Z J and Liu Zhi Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2016
Closed on
Sep 30, 2016
Sold by
Fu James Zhong Jian
Bought by
Liu Zhi Hui
Seller's Agent
RECIP
Out of Area Office
Buyer's Agent
Marla Perego
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,480,000
Premium/Discount to List
$181,000
13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$888,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2016
Closed on
Sep 21, 2016
Sold by
Navarro Larry
Bought by
Li Edward Y and Liu Zhi Hui
Seller's Agent
RECIP
Out of Area Office
Buyer's Agent
Marla Perego
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,480,000
Premium/Discount to List
$181,000
13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2013
Sold by
Navarro Larry
Bought by
Navarro Larry
Source: Public Records

Range of Values:

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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
Du Alexander V $4,389,000 Wfg National Title
Fu James Z J -- Accommodation
Liu Zhi Hui -- Chicago Title Company
Li Edward Y $1,480,000 Chicago Title Company
Navarro Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Alexander V $2,500,000
Previous Owner Fu James Z J $2,340,000
Previous Owner Fu James Z J $500,000
Previous Owner Fu James Z J $978,000
Previous Owner Li Edward Y $888,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $1,480,000 +13.9% $1,096 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $1,299,000 -- $962 / 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 $28,482 $2,559,192 $1,661,510 $897,682
2024 $28,482 $2,509,014 $1,628,932 $880,082
2023 $28,482 $2,459,821 $1,596,993 $862,828
2022 $27,466 $2,411,593 $1,565,681 $845,912
2021 $22,332 $1,912,076 $1,534,982 $377,094
2020 $19,876 $1,716,456 $1,519,244 $197,212
2019 $20,499 $1,777,146 $1,489,455 $287,691
2018 $17,483 $1,509,600 $1,300,500 $209,100
2017 $17,356 $1,480,000 $1,275,000 $205,000
2016 $1,599 $104,538 $37,250 $67,288
2015 $1,590 $102,969 $36,691 $66,278
2014 $1,569 $100,953 $35,973 $64,980
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    RECIP

    Out of Area Office

  • Marla Perego

    Buyer's Agent in 2016

    Marla Perego

    Coldwell Banker Realty

    (650) 868-1266

    30 Total Sales

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Map

Source: MLSListings

MLS Number: ML81601461

MLSListings

APN: 025-228-200

California San Mateo County Burlingame 94010 Ray Park

1548 Balboa Ave, Burlingame, CA

This home is located at 1548 Balboa Ave, Burlingame, CA 94010 since 24 August 2016 and is currently estimated at $4,208,539, approximately $3,117 per square foot. This property was built in 1948. 1548 Balboa Ave 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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