Seller's Agent in 2025
Steve Zirelli
Cornish & Carey Commercial
(650) 688-8508
1 in this area
37 Total Sales
1632 Albemarle Way Burlingame, CA 94010
Ray Park Neighborhood
4
Beds
2
Baths
2,178
Sq Ft
7,200
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Tandem Parking
- 1-Story Property
- Lincoln Elementary School Rated A
- Forced Air Heating System
About This Home
As of September 2025Welcome to 1632 Albemarle Way, a quintessential Ray Park duplex in Burlingame. Each home features extra large 2 bedroom and 1 bathroom floorplans with fireplace and laundry room. Fantastic courtyard and very large backyard that could be utilized for an ADU. New electrical panels and water heaters. The residences also benefit from dual pane windows and updated kitchens. Shared 2 car garage. House 1632 is 1134 square feet and 1634 is 1063 square feet and are situated on a sizeable 7200 square foot lot. Incredible: investment, live/rent, family/friend compound. Property tour/open house 7/29 from 10:00 am to 1:00 pm.
Last Agent to Sell the Property
Cornish & Carey Commercial License #01929245 Listed on: 07/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,806
Year Built
- 1951
Parking
- 2 Car Detached Garage
- Tandem Parking
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,178 Sq Ft Home
- 1-Story Property
Additional Features
- 7,200 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $80,400
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $1,500
- Insurance Expense $3,832
- Maintenance Expense $1,500
- Operating Expense $31,960
- Gross Income $77,988
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2025
Closed on
Aug 23, 2025
Sold by
Adriana Precivale 2003 Trust and Joseph & Shelley Eberle 2013 Trust
Bought by
Wong Stephanie and Yuen Victor C
Seller's Agent
Steve Zirelli
Cornish & Carey Commercial
Buyer's Agent
Steve Zirelli
Cornish & Carey Commercial
List Price
$2,200,000
Sold Price
$2,200,000
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$1,320,000
Outstanding Balance
$1,318,486
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$924,851
Purchase Details
Closed on
Mar 27, 2013
Sold by
Eberle Shelley P
Bought by
Eberle Joseph A and Eberle Shelley P
Purchase Details
Closed on
Nov 19, 2003
Sold by
Precivale Adriana M
Bought by
Precivale Adriana
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,200,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,320,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $2,200,000 | 0.0% | $1,010 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | For Sale | $2,200,000 | -- | $1,010 / 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 | $9,806 | $844,435 | $253,318 | $591,117 |
| 2023 | $9,806 | $811,646 | $243,482 | $568,164 |
| 2022 | $9,462 | $795,732 | $238,708 | $557,024 |
| 2021 | $9,471 | $780,130 | $234,028 | $546,102 |
| 2020 | $9,276 | $772,132 | $231,629 | $540,503 |
| 2019 | $8,998 | $756,993 | $227,088 | $529,905 |
| 2018 | $8,828 | $742,151 | $222,636 | $519,515 |
| 2017 | $8,761 | $727,600 | $218,271 | $509,329 |
| 2016 | $8,440 | $713,335 | $213,992 | $499,343 |
| 2015 | $8,399 | $702,621 | $210,778 | $491,843 |
| 2014 | $8,321 | $688,859 | $206,650 | $482,209 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Zirelli
-
Joel Hopman
J
Seller Co-Listing Agent in 2025
Joel Hopman
Newmark Cornish & Carey
(650) 688-8536
1 in this area
42 Total Sales
Map
Source: MLSListings
MLS Number: ML82015593
APN: 025-206-090
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