NOT LISTED FOR SALE

1557 Drake Ave Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $3,050,000 - $4,427,000

4 Beds
8 Baths
3,010 Sq Ft
$1,269/Sq Ft Est. Value

About This Home

This home is located at 1557 Drake Ave, Burlingame, CA 94010 and is currently estimated at $3,819,934, approximately $1,269 per square foot. 1557 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
Jun 1, 2021
Sold by
Garcia Janet Ellen
Bought by
Garcia Janet Ellen and Janet Garcia Living Trust
Current Estimated Value
$3,819,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$744,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,075,715

Purchase Details

Closed on
Apr 5, 2021
Sold by
Garcia Jay A and Jay A Garcia Trust
Bought by
Garcia Janet Ellen and Janet Garcia Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$744,219
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,075,715

Purchase Details

Closed on
Mar 13, 2019
Sold by
Garcia Jay A
Bought by
Garcia Jay A and Jay A Garcia Trust

Purchase Details

Closed on
Jun 26, 2017
Sold by
Garcia Janet Ellen and Garcia Janet E
Bought by
Garcia Janet Ellen and Janet Garcia Living Trust

Purchase Details

Closed on
Nov 26, 2013
Sold by
Garcia Jay A and Garcia Janet E
Bought by
Garcia Jay A and Garcia Janet E

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
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
Sold by
Homer Charles W and Homer Elizabeth E
Bought by
Garcia Jay A and Garcia Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.75%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Bilinski Patricia D
Bought by
Homer Charles W and Homer Elizabeth E

Purchase Details

Closed on
Sep 28, 1999
Sold by
Bilinski Patricia D Tr
Bought by
Bilinski Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 1997
Sold by
Diane Bilinski Patricia
Bought by
Bilinski Patricia D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Garcia Janet Ellen -- Chicago Title Company
Garcia Janet Ellen -- Chicago Title Company
Garcia Janet Ellen -- Chicago Title Company
Garcia Jay A -- None Available
Garcia Janet Ellen -- None Available
Garcia Jay A -- Chicago Title Company
Garcia Jay A -- Chicago Title Company
Garcia Jay A $750,000 Chicago Title Insurance Comp
Homer Charles W $750,000 Chicago Title Insurance Co
Bilinski Patricia D -- Commonwealth Land Title Ins
Bilinski Patricia D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Janet Ellen $822,000
Closed Garcia Jay A $1,000,000
Closed Garcia Jay A $600,000
Previous Owner Bilinski Patricia D $100,000
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 $23,924 $2,143,038 $649,237 $1,493,801
2024 $23,924 $2,101,018 $636,507 $1,464,511
2023 $22,495 $1,957,823 $522,027 $1,435,796
2022 $32,509 $2,863,031 $1,445,212 $1,417,819
2021 $22,051 $1,881,801 $501,757 $1,380,044
2020 $21,592 $1,862,507 $496,613 $1,365,894
2019 $21,112 $1,825,988 $486,876 $1,339,112
2018 $20,711 $1,790,185 $477,330 $1,312,855
2017 $20,559 $1,755,084 $467,971 $1,287,113
2016 $19,806 $1,720,672 $458,796 $1,261,876
2015 $19,718 $1,694,827 $451,905 $1,242,922
2014 $19,432 $1,661,628 $443,053 $1,218,575
Source: Public Records

Map

California San Mateo County Burlingame 94010 Ray Park

1557 Drake Ave, Burlingame, CA

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