NOT LISTED FOR SALE

1637 Marco Polo Way Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $2,949,672 - $3,381,000

3 Beds
3 Baths
1,864 Sq Ft
$1,679/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $1,450,000 $778 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $18,213/month

96 Days on Market

Highlights

  • Outdoor Pool
  • Sunken Shower or Bathtub
  • 2 Car Attached Garage
  • Lincoln Elementary School Rated A
  • Gazebo
  • Double Pane Windows

About This Home

As of November 2012

Back on market as of 10/22/2012. Lux Ray Park Home. 3Br 3 Baths (2 Mastersuites) plus Den/Family room, sunroom built w/permit, Chef's kit w/Viking appliances & granite countertops, great schools, swimming pool and Gazebo in the back yard.

Last Agent to Sell the Property

George Lai

Far East Realty License #00986068 Listed on: 08/03/2012

Last Buyer's Agent

George Lai

Far East Realty License #00986068 Listed on: 08/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,029

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Zoning described as R100

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Family or Dining Combination
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sunken Shower or Bathtub
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

  • Outdoor Pool
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating System
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 025-196-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,029

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Sale Price Per Sq Ft: 777.90
  • Listing Class: Residential
  • Structure Sq Ft: 1864
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 5
  • Map Top Coordinate: C
  • Thomas Bros Page: 728
  • Thomas Brothers: C5
  • Year Built: 1948
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Dining Area in Family Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Hookups - Gas
  • Living Sq Ft: 1864
  • Stories: 1
  • Laundry: Gas Hookup
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Sunken Tub, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Yes
  • Roof: Composition
  • Yard/Grounds: Gazebo, Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Not Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: San Mateo Union High
  • Middle School: Burlingame Intermediate
  • Middle School: 675

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 025-196-040
  • List Price per Sq Ft: 804.18
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Weather Stripped Door(s), Double Pane Windows, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Lam Yee Lung Wade and Zhou Ying Mian
Bought by
Lam Yee Lung Wade and Zhou Ying Mian
Current Estimated Value
$3,129,668

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
Outstanding Balance
$834,423
Interest Rate
3.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,295,245

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 15, 2012
Sold by
Huei Tze Ping and Tom Kit Jing
Bought by
Lam Yee Lung Wade and Zhou Ying Mian
Seller's Agent
George Lai
Far East Realty
Buyer's Agent
George Lai
Far East Realty
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Rodriguez Benedicto and Rodriguez Deborah
Bought by
Huei Tze Ping and Tom Kit Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 1994
Sold by
Rodriguez Benedicto
Bought by
Rodriguez Benedicto and Rodriguez Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

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Average Value
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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
Lam Yee Lung Wade -- Chicago Title Company
Lam Yee Lung Wade $1,450,000 Fidelity National Title Co
Huei Tze Ping $1,160,000 Alliance Title
Rodriguez Benedicto -- Fidelity National Title Ins
Rodriguez Benedicto $11,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Yee Lung Wade $1,000,000
Previous Owner Huei Tze Ping $58,000
Previous Owner Huei Tze Ping $870,000
Previous Owner Rodriguez Benedicto $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $1,450,000 -3.3% $778 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
10/21/2012 10/21/12 For Sale $1,499,000 0.0% $804 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $1,499,000 -- $804 / 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 $20,029 $1,785,560 $892,780 $892,780
2023 $20,029 $1,716,226 $858,113 $858,113
2022 $19,317 $1,682,576 $841,288 $841,288
2021 $19,344 $1,649,586 $824,793 $824,793
2020 $18,944 $1,632,672 $816,336 $816,336
2019 $18,524 $1,600,660 $800,330 $800,330
2018 $18,172 $1,569,276 $784,638 $784,638
2017 $18,039 $1,538,506 $769,253 $769,253
2016 $17,377 $1,508,340 $754,170 $754,170
2015 $17,301 $1,485,684 $742,842 $742,842
2014 $17,050 $1,456,582 $728,291 $728,291
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Lai

    Far East Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81229183

MLSListings

APN: 025-196-040

California San Mateo County Burlingame 94010 Ray Park

1637 Marco Polo Way, Burlingame, CA

This home is located at 1637 Marco Polo Way, Burlingame, CA 94010 since 03 August 2012 and is currently estimated at $3,129,668, approximately $1,679 per square foot. This property was built in 1948. 1637 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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