NOT LISTED FOR SALE

1625 Marco Polo Way Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $3,329,000 - $3,820,000

4 Beds
4.5 Baths
1,945 Sq Ft
$1,795/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $2,900,000 $1,491 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $21,450/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Radiant Floor
  • Lincoln Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • Marble Countertops

About This Home

As of September 2018

Perfectly situated in the heart of the Ray Park! This property has a stunning offering of new and modern landscaping, expansive front & back lawn areas, architectural vegetation, perimeter redwood fence/gates and expansive concrete surfaces: modern stepping stones, driveway with pebble-filled drainage channels, front porch & a 20-foot+/- back patio that seamlessly plunges onto the expansive and private lawn area. Extensive remodel and expansion, taken down to the studs, of approximately 1,950 sf +/- (plus an attached fitted garage) Great room configuration that promotes indoor/outdoor living, entertaining and relaxation. Stunning master suite w/ vaulted ceilings, dual fitted walk-in closets, expansive marble bathroom, floating two-sink vanity, stunning chandelier & light fixtures, and expansive sliding glass door to the private patio/yard.

Last Agent to Sell the Property

The Sharp Group

KW Advisors License #70010101 Listed on: 08/24/2018

KW Advisors

Last Buyer's Agent

Disen Cai

KW Advisors License #01928373

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,881

Year Built

  • Built in 1948

Lot Details

  • 5,502 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,945 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 025-196-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,881

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1945
  • Year Built: 1948
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Living Room, Dining Bar, Eat in Kitchen
  • Kitchen: Countertop - Marble, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1945
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Stone, Tile, Wood
  • Additional Rooms: Attic, Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Primary - Oversized Tub, Showers over Tubs - 2+, Stall Shower, Stone, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Metal
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Fireplace, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 025-196-070
  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

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

Listed on
Aug 24, 2018
Closed on
Sep 26, 2018
Sold by
Red Fortune Properties Llc
Bought by
Liu Qiaoling and Shi Cong
Seller's Agent
The Sharp Group
KW Advisors
Buyer's Agent
Disen Cai
KW Advisors
List Price
$2,898,000
Sold Price
$2,900,000
Premium/Discount to List
$2,000
0.07%
Current Estimated Value
$3,492,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,148
Avg. Annual Appreciation
2.66%
Original Mortgage
$2,320,000
Outstanding Balance
$2,023,178
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,468,970

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 7, 2017
Sold by
Underhill James L
Bought by
Red Fortune Properties Llc
Seller's Agent
The Harber Group
Compass
Buyer's Agent
Debbie Sharp
KW Advisors
List Price
$1,428,000
Sold Price
$1,601,000
Premium/Discount to List
$173,000
12.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.34%
Original Mortgage
$1,801,800
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2015
Sold by
Underhill James L
Bought by
Underhill James L

Purchase Details

Closed on
Feb 21, 2000
Sold by
Panattieri Dante J Tr
Bought by
Panattieri Dante J

Purchase Details

Closed on
Apr 28, 1997
Sold by
Panattieri T J
Bought by
Panattieri Tillie J
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
Liu Qiaoling $2,900,000 First American Title Co
Red Fortune Properties Llc $1,601,000 First American Title Company
Underhill James L -- None Available
Panattieri Dante J -- --
Panattieri Tillie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Qiaoling $2,320,000
Previous Owner Red Fortune Properties Llc $1,801,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $2,900,000 +0.1% $1,491 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $2,898,000 +81.0% $1,490 / Sq Ft
08/28/2017 08/28/17 Sold $1,601,000 +12.1% $1,177 / Sq Ft View Prior Sale
06/10/2017 06/10/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,428,000 -- $1,050 / 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 $35,881 $3,235,000 $1,896,380 $1,338,620
2023 $35,881 $3,109,384 $1,822,743 $1,286,641
2022 $34,599 $3,048,416 $1,787,003 $1,261,413
2021 $34,651 $2,988,644 $1,751,964 $1,236,680
2020 $33,931 $2,958,000 $1,734,000 $1,224,000
2019 $33,170 $2,900,000 $1,700,000 $1,200,000
2018 $18,515 $1,601,000 $1,400,000 $201,000
2017 $15,260 $1,326,000 $1,173,000 $153,000
2016 $14,945 $1,300,000 $1,150,000 $150,000
2015 $1,511 $102,969 $36,691 $66,278
2014 $1,489 $100,953 $35,973 $64,980
Source: Public Records

Agents Affiliated with this Home

  • The Sharp Group

    Seller's Agent in 2018

    The Sharp Group

    KW Advisors

    (650) 766-5333

    153 Total Sales

    The Sharp Group
    Section Image
  • Disen Cai

    Buyer's Agent in 2018

    Disen Cai

    KW Advisors

    (650) 622-2156

    1 in this area

    320 Total Sales

    Disen Cai
    Section Image

  • T

    Seller's Agent in 2017

    The Harber Group

    Compass

  • Debbie Sharp

    Buyer's Agent in 2017

    Debbie Sharp

    KW Advisors

    (650) 865-8108

    5 Total Sales

    Debbie Sharp
    Section Image
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Map

Source: MLSListings

MLS Number: ML81720384

MLSListings

APN: 025-196-070

California San Mateo County Burlingame 94010 Ray Park

1625 Marco Polo Way, Burlingame, CA

This home is located at 1625 Marco Polo Way, Burlingame, CA 94010 since 24 August 2018 and is currently estimated at $3,492,148, approximately $1,795 per square foot. This property was built in 1948. 1625 Marco Polo Way 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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