NOT LISTED FOR SALE

1641 Albemarle Way Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $2,534,161 - $3,290,000

3 Beds
2 Baths
1,840 Sq Ft
$1,547/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $1,425,000 $774 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $16,674/month

13 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage
  • Lincoln Elementary School Rated A
  • Formal Dining Room
  • 5-minute walk to Ray Park

About This Home

As of August 2015

Sweet ranch style house in coveted Ray Park neighborhood. Open plan, Bright, eat-in kitchen which overlooks the back yard, Living room/formal dining area with a fireplace, hardwood floors, front porch, 2-level rear yard/patio and deck areas, 1 car attached garage. Many upgrades, with room for your own touches! Near schools, shopping, transportation and highways 101 & 280, El Camino Real and more... AS IS Sale.

Last Agent to Sell the Property

John Asdourian

Sotheby's International Realty License #00952669 Listed on: 07/17/2015

Last Buyer's Agent

Bob Guglielmi

SC Properties License #00642075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,932

Year Built

  • Built in 1948

Lot Details

  • Zoning described as R100

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 025-205-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,932

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1840
  • Incorporated: Yes
  • Year Built: 1948
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 1840
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 025-205-070
  • 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: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 20, 2015
Sold by
Bournellis Helen
Bought by
Borella Marc R and Borella Cheryl L
Seller's Agent
John Asdourian
Sotheby's International Realty
Buyer's Agent
Bob Guglielmi
SC Properties
List Price
$1,455,000
Sold Price
$1,425,000
Premium/Discount to List
-$30,000
-2.06%
Current Estimated Value
$2,847,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,422,290
Avg. Annual Appreciation
7.16%
Original Mortgage
$855,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Smith Joseph A and Smith Bessie
Bought by
Smith Joseph A and Smith Bessie

Purchase Details

Closed on
Mar 18, 1997
Sold by
Smith Joseph A
Bought by
Smith Joseph A and Smith Bessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.74%

Purchase Details

Closed on
May 31, 1995
Sold by
Smith Joseph A and Smith Bessie
Bought by
Smith Joseph A and Smith Bessie
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
Borella Marc R $1,425,000 Fidelity National Title Co
Smith Joseph A -- --
Smith Joseph A -- Commonwealth Land Title Co
Smith Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borella Marc R $855,000
Previous Owner Smith Joseph A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $1,425,000 -2.1% $774 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $1,455,000 -- $791 / 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 $18,932 $1,686,906 $1,538,934 $147,972
2023 $18,932 $1,621,403 $1,479,176 $142,227
2022 $18,260 $1,589,612 $1,450,173 $139,439
2021 $18,285 $1,558,444 $1,421,739 $136,705
2020 $17,907 $1,542,465 $1,407,161 $135,304
2019 $17,510 $1,512,221 $1,379,570 $132,651
2018 $17,178 $1,482,570 $1,352,520 $130,050
2017 $17,053 $1,453,500 $1,326,000 $127,500
2016 $16,427 $1,425,000 $1,300,000 $125,000
2015 $2,042 $142,769 $36,691 $106,078
2014 $2,014 $139,974 $35,973 $104,001
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Asdourian

    Sotheby's International Realty

  • Bob Guglielmi

    Buyer's Agent in 2015

    Bob Guglielmi

    SC Properties

    (650) 269-8516

    19 Total Sales

    Bob Guglielmi
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Map

Source: MLSListings

MLS Number: ML81485572

MLSListings

APN: 025-205-070

California San Mateo County Burlingame 94010 Ray Park

1641 Albemarle Way, Burlingame, CA

This home is located at 1641 Albemarle Way, Burlingame, CA 94010 since 17 July 2015 and is currently estimated at $2,847,290, approximately $1,547 per square foot. This property was built in 1948. 1641 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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