NOT LISTED FOR SALE

1637 Albemarle Way Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $2,391,000 - $2,588,000

3 Beds
2 Baths
1,520 Sq Ft
$1,636/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,970,000 $1,296 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $15,213/month

4 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Balcony
  • Lincoln Elementary School Rated A
  • Granite Countertops
  • 5-minute walk to Ray Park

About This Home

As of January 2021

Charming Ray Park home accented by a living room with dramatic high ceilings and fireplace ,open concept kitchen with stainless steel appliances and center island, recessed lighting, hardwood floors, laundry room . Yard with rustic brick patio, 2 car detached garage. walking distance to great schools, park, and shopping.

Last Agent to Sell the Property

Lisa Karson

Golden Gate Sotheby's International Realty License #01775831 Listed on: 12/26/2020

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Todd Zebb

Golden Gate Sotheby's International Realty License #01324423

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,309

Year Built

  • 1948

Lot Details

  • 5,001 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,309

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1520
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1520
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • School District: San Mateo Union High
  • Elementary School: Lincoln Elementary
  • Middle School: Burlingame Intermediate
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 677
  • Middle School: 675

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jan 18, 2021
Sold by
Kwuan Linco C and Zhen Ye Lian
Bought by
Johnson Eric Cimino and Johnson Colleen Heyler
Seller's Agent
Lisa Karson
Golden Gate Sotheby's International Realty
Buyer's Agent
Todd Zebb
Golden Gate Sotheby's International Realty
List Price
$1,998,000
Sold Price
$1,970,000
Premium/Discount to List
-$28,000
-1.4%
Current Estimated Value
$2,487,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,282
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,379,000
Outstanding Balance
$1,232,724
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,237,794

Purchase Details

Closed on
Jun 9, 2020
Sold by
Kwuan Linco C and Zhen Ye Lian
Bought by
Kwuan Linco C and Zhen Ye Lian

Purchase Details

Closed on
Jan 7, 2020
Sold by
Zhen Ye Lian and Kwuan Linco C
Bought by
Kwuan Linco C and Zhen Ye Lian

Purchase Details

Closed on
May 31, 2017
Sold by
Kwuan Edward C and Chung Sow Fun
Bought by
Kwuan Linco C and Zhen Ye Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2017
Sold by
Kwuan Linco C
Bought by
Zhen Ye Lian

Purchase Details

Closed on
Oct 5, 2007
Sold by
Asimos Dean
Bought by
Kwuan Edward C and Chung Sow Fun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2007
Sold by
Asimos Dean
Bought by
Asimos Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Asimos Dean
Bought by
Asimos Dean and Asimakopoulos Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 2004
Sold by
Kane Mary Helen
Bought by
Asimos Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 28, 1998
Sold by
Thuer Patricia M
Bought by
Thuer Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Johnson Eric Cimino $1,970,000 Fidelity National Title Co
Kwuan Linco C -- None Available
Kwuan Linco C -- None Available
Kwuan Linco C $1,100,000 Fidelity National Title Co
Zhen Ye Lian -- Fidelity National Title Co
Kwuan Linco C -- Fidelity National Title Co
Kwuan Edward C $965,000 First American Title Co
Asimos Dean -- First American Title Company
Asimos Dean -- First American Title Company
Asimos Dean $870,000 First American Title Co
Asimos Dean $870,000 First American Title Company
Thuer Patricia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Eric Cimino $1,379,000
Previous Owner Kwuan Linco C $540,000
Previous Owner Kwuan Edward C $415,000
Previous Owner Asimos Dean $715,000
Previous Owner Asimos Dean $652,500
Previous Owner Thuer Patricia M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,970,000 -1.4% $1,296 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $1,998,000 -- $1,314 / 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 $24,309 $2,204,809 $1,589,010 $615,799
2023 $24,309 $2,085,087 $1,527,307 $557,780
2022 $22,867 $2,009,400 $1,497,360 $512,040
2021 $18,841 $1,608,301 $1,393,862 $214,439
2020 $18,450 $1,591,811 $1,379,570 $212,241
2019 $18,041 $1,560,600 $1,352,520 $208,080
2018 $17,698 $1,530,000 $1,326,000 $204,000
2017 $12,908 $1,092,154 $546,077 $546,077
2016 $12,355 $1,070,740 $535,370 $535,370
2015 $12,300 $1,054,658 $527,329 $527,329
2014 $12,121 $1,034,000 $517,000 $517,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Karson

    Seller's Agent in 2021

    Lisa Karson

    Golden Gate Sotheby's International Realty

    (650) 759-4644

    1 in this area

    97 Total Sales

    Lisa Karson
    Section Image
  • Todd Zebb

    Buyer's Agent in 2021

    Todd Zebb

    Golden Gate Sotheby's International Realty

    (650) 823-3292

    1 in this area

    18 Total Sales

    Todd Zebb
    Section Image
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Map

Source: MLSListings

MLS Number: ML81824056

MLSListings

APN: 025-205-080

California San Mateo County Burlingame 94010 Ray Park

1637 Albemarle Way, Burlingame, CA

This home is located at 1637 Albemarle Way, Burlingame, CA 94010 since 26 December 2020 and is currently estimated at $2,487,282, approximately $1,636 per square foot. This property was built in 1948. 1637 Albemarle 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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