Seller's Agent in 2021
Shawn Luo
AEZ Investment, Inc.
(408) 329-3793
1 in this area
147 Total Sales
1557 Albemarle Way Burlingame, CA 94010
Ray Park NeighborhoodEstimated Value: $2,993,000 - $3,249,000
4
Beds
2.5
Baths
2,060
Sq Ft
$1,512/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Soaking Tub in Primary Bathroom
- Main Floor Bedroom
- Lincoln Elementary School Rated A
- Wood Flooring
- 4-minute walk to Ray Park
About This Home
As of December 2021Gorgeous Single family home with open and bright floor plan in highly desirable Ray Park neighborhood. Complete remodeling in 2017 with extensive upgrades interior & exterior. State of art living room with hardwood floors, fireplace and bountiful natural lights. The impeccably kitchen features custom cabinetry with quartz counter top and top of line stainless steel appliance. The spacious master suites with double sink, walk-in closet and huge balcony. Distinctive features include European oak engineered hardwood flooring, 200 amp electrical panel, 4 years old composition shingle roof, EV charging, double pane windows & doors, copper piping, paver/artificial grass and much more. Amazing location close to commute routes, within walking distance to the downtown, park, schools, shopping mall. Minutes away Tech companies and easy access to Freeways . Award wining Schools!
Last Agent to Sell the Property
AEZ Investment, Inc. License #01853029 Listed on: 09/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,414
Year Built
- 1947
Lot Details
- 5,502 Sq Ft Lot
- Fenced
- Grass Covered Lot
- Back Yard
Parking
- 1 Car Garage
Home Design
- Wood Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,060 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Living Room with Fireplace
- Formal Dining Room
- Washer and Dryer
Kitchen
- Oven or Range
- Range Hood
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Stone Countertops In Bathroom
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Bathtub Includes Tile Surround
Utilities
- Forced Air Heating and Cooling System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2016
Closed on
Feb 13, 2017
Sold by
Borgert John Gunter Chiu and Borgert Mee Tcheng
Bought by
Jiang Rui and Han Xi
Seller's Agent
Rachel Chao
KW Peninsula Estates
Buyer's Agent
Maggie Guo
NextHome Lifestyles
List Price
$1,280,000
Sold Price
$1,680,000
Premium/Discount to List
$400,000
31.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,436,249
Avg. Annual Appreciation
7.52%
Original Mortgage
$1,340,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jiang Rui | $1,680,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jiang Rui | $1,519,500 | |
| Closed | Jiang Rui | $1,575,000 | |
| Closed | Jiang Rui | $1,340,000 | |
| Previous Owner | Borgert John Gunther Chiu | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $2,750,000 | -4.5% | $1,335 / Sq Ft |
| 10/28/2021 10/28/21 | Pending | -- | -- | -- |
| 09/14/2021 09/14/21 | For Sale | $2,880,000 | +71.4% | $1,398 / Sq Ft |
| 02/27/2017 02/27/17 | Sold | $1,680,000 | 0.0% | $816 / Sq Ft |
| 01/27/2017 01/27/17 | Pending | -- | -- | -- |
| 01/23/2017 01/23/17 | Price Changed | $1,680,000 | -7.7% | $816 / Sq Ft |
| 12/08/2016 12/08/16 | Price Changed | $1,820,000 | +42.2% | $883 / Sq Ft |
| 12/08/2016 12/08/16 | For Sale | $1,280,000 | -- | $621 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $32,414 | $2,918,322 | $1,857,114 | $1,061,208 |
| 2023 | $32,414 | $2,805,000 | $1,785,000 | $1,020,000 |
| 2022 | $31,256 | $2,750,000 | $1,750,000 | $1,000,000 |
| 2021 | $20,984 | $1,801,298 | $1,393,862 | $407,436 |
| 2020 | $20,548 | $1,782,829 | $1,379,570 | $403,259 |
| 2019 | $20,090 | $1,747,872 | $1,352,520 | $395,352 |
| 2018 | $19,723 | $1,713,600 | $1,326,000 | $387,600 |
| 2017 | $4,142 | $323,943 | $125,020 | $198,923 |
| 2016 | $3,991 | $317,592 | $122,569 | $195,023 |
| 2015 | $3,973 | $312,822 | $120,728 | $192,094 |
| 2014 | $3,916 | $306,696 | $118,364 | $188,332 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Haiyue Zhu
AEZ Investment, Inc.
(408) 769-0001
1 in this area
39 Total Sales
-
Buyer's Agent in 2021
Gavin Chan
KW Advisors
(650) 597-1800
1 in this area
10 Total Sales
-
R
Seller's Agent in 2017
Rachel Chao
KW Peninsula Estates
-
M
Buyer's Agent in 2017
Maggie Guo
NextHome Lifestyles
Map
Source: MLSListings
MLS Number: ML81862572
APN: 025-228-280
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