NOT LISTED FOR SALE

1701 Sequoia Ave Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $2,555,000 - $3,609,681

4 Beds
2 Baths
3,435 Sq Ft
$888/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $1,526,000 $444 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $17,598/month

19 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • 1-Story Property
  • Franklin Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of September 2013

Rare West Side Duplex Opportunity in Burlingame...Mirror Image Units, each with private entrance, gracious living room with wood burning fireplace, dining room with built-in cabinets, eat-in kitchen, den, 2 bedrooms, 1.5 baths, 2 car garage with laundry hook ups and rear fenced yards. The only common wall is between the garages. A must see!

Last Agent to Sell the Property

Stephanie Flahavan

Coldwell Banker Realty License #01053772 Listed on: 08/12/2013

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Flahavan

Coldwell Banker Realty License #01053772 Listed on: 08/12/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • Lot Sloped Up

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Ceiling Insulation
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,435 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry in Garage

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $52,800
  • The owner pays for services - gardener/landscaping
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,435 Sq Ft Building

Building Details

  • Gardener Expense $1,080
  • Insurance Expense $1,600
  • Maintenance Expense $2,400
  • Operating Expense $7,426
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Sewer/Septic, Flood Zone
  • Sale Price Per Sq Ft: 444.25
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3435
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Living Sq Ft: 3435
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer Or Septic Inspection Req'd, Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9600.00
  • Lot Size Area Min Search: 9600.00
  • Maximum Lot Size: 9600.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 28.39

Multi Family

  • Expense Insurance: 1600
  • Expense Landscape: 1080
  • Expense Maintenance: 2400
  • Expenses Total: 7426
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 17, 2013
Sold by
Jones Douglas M and Jones Margaret A
Bought by
Gm & Sons Investors Llc
Seller's Agent
Stephanie Flahavan
Coldwell Banker Realty
Buyer's Agent
Stephanie Flahavan
Coldwell Banker Realty
List Price
$1,498,888
Sold Price
$1,526,000
Premium/Discount to List
$27,112
1.81%
Current Estimated Value
$3,049,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,523,670
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Sep 1, 2004
Sold by
Jones William R
Bought by
Jones William R and Jones Deanna Lael

Purchase Details

Closed on
Jun 7, 1997
Sold by
Jones Douglas M and Ann Mrgaret
Bought by
Jones Douglas M and Jones Margaret A

Purchase Details

Closed on
Feb 25, 1995
Sold by
Jones Douglas M and Jones William R
Bought by
Jones Douglas M and Jones Margaret Ann

Purchase Details

Closed on
Feb 9, 1994
Sold by
Jones Douglas M and Jones William R
Bought by
Jones Douglas M and Jones William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gm & Sons Investors Llc $1,526,000 North American Title Co Inc
Jones William R -- --
Jones Douglas M -- --
Jones Douglas M -- --
Jones Douglas M -- First American Title Ins Co
Jones Douglas M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Douglas M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $1,526,000 +1.8% $444 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $1,498,888 -- $436 / 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 $21,140 $1,870,658 $935,329 $935,329
2023 $21,140 $1,798,020 $899,010 $899,010
2022 $20,387 $1,762,766 $881,383 $881,383
2021 $20,413 $1,728,202 $864,101 $864,101
2020 $19,987 $1,710,482 $855,241 $855,241
2019 $19,547 $1,676,944 $838,472 $838,472
2018 $19,176 $1,644,064 $822,032 $822,032
2017 $19,034 $1,611,828 $805,914 $805,914
2016 $18,338 $1,580,224 $790,112 $790,112
2015 $18,255 $1,556,488 $778,244 $778,244
2014 $18,138 $1,526,000 $763,000 $763,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stephanie Flahavan

    Coldwell Banker Realty

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Map

Source: MLSListings

MLS Number: ML81329613

MLSListings

APN: 025-141-150

California San Mateo County Burlingame 94010 Ray Park

1701 Sequoia Ave, Burlingame, CA

Not Listed for Sale

MultiFamily

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