NOT LISTED FOR SALE

1759 Sequoia Ave Burlingame, CA 94010

Ray Park Neighborhood

Estimated Value: $3,051,000 - $4,443,688

6 Beds
3 Baths
3,595 Sq Ft
$991/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $2,495,000 $694 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $21,526/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Enclosed Parking
  • Washer and Dryer
  • Franklin Elementary School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2016

Rarely offered sprawling one-story duplex consisting of a 4-br./2-ba. home with a 2-br./1-ba. front unit. Both have large private yards and garages. Newer roof and landscaping. Approximately 3,600 +/- s/f of living area on a 9,450+/- mostly level lot. Perfect for an extended family, or for an owner to afford a nice home with bonus income so close to fine, Burlingame schools. Close to train, BART and shopping, this is a wonderful property.

Last Agent to Sell the Property

Victor Borelli

Compass License #00823134 Listed on: 11/10/2016

Last Buyer's Agent

Vincent Cheng

Vista Investment & Realty License #01029829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,350

Year Built

  • 1956

Lot Details

  • 9,453 Sq Ft Lot
  • Mostly Level

Parking

  • 3 Car Garage
  • Enclosed Parking
  • Varies By Unit

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,595 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $102,000

Community Details

Overview

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $5,500
  • Maintenance Expense $5,050
  • Other Expense $2,500
  • Utility Expense $500
  • Trash Expense $1,080
  • Operating Expense $40,830
  • Gross Income $99,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,350

Year Built

1956

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3595
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 3595
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Enclosed, Varies By Unit

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

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

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2170
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9450.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9450.00

Rental Info

  • Gross Rent Multiplier: 23.52

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 5500
  • Expense Landscape: 1200
  • Expense Maintenance: 5050
  • Expenses Other: 2500
  • Expenses Total: 40830
  • Expenses Utility: 500
  • Expense Trash: 1080
  • Income Annual Gross: 99960.00
  • Income Annual Rental: 102000
  • Income Gross Scheduled: 102000
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Capital Improvements, Reserve Fund
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 5, 2016
Sold by
Auran Joan and Nocentini Kenneth
Bought by
Yang Jun
Seller's Agent
Victor Borelli
Compass
Buyer's Agent
Vincent Cheng
Vista Investment & Realty
List Price
$2,399,000
Sold Price
$2,495,000
Premium/Discount to List
$96,000
4%
Current Estimated Value
$3,562,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,067,172
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Mar 28, 2009
Sold by
Nocentini Josephine and Auran Timothy F
Bought by
Nocentini Josephine and Auran Timothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Nocentini Josephine and Auran Timothy F
Bought by
Nocentini Josephine and Auran Timothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Wedgeworth Robert Wayne and Naylor Georgette N
Bought by
Nocentini Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Auran Timothy F and Auran Joan A
Bought by
Auran Janele Marie and Hranicky Amy Elizabeth

Purchase Details

Closed on
Sep 8, 2003
Sold by
Wedgeworth Robert Wayne and Naylor Georgette N
Bought by
Wedgeworth Robert Wayne and Naylor Georgette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1995
Sold by
Balzarini Frank and Balzarini Genevieve
Bought by
Rainfarth Jean B and Bridges Joan
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
Yang Jun $2,495,000 Fidelity National Title Co
Nocentini Josephine -- Chicago Title Insurance Co
Nocentini Josephine -- --
Hranicky Amy Elizabeth -- First American Title Co
Auran Timothy F -- First American Title Co
Nocentini Josephine -- First American Title Co
Nocentini Josephine -- First American Title Co
Auran Janele Marie -- First American Title Co
Wedgeworth Robert Wayne $900 --
Wedgeworth Robert Wayne $900,000 First American Title Co
Rainfarth Jean B -- --
Balzarini Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nocentini Josephine $492,000
Previous Owner Auran Timothy F $460,000
Previous Owner Nocentini Josephine $50,000
Previous Owner Wedgeworth Robert Wayne $645,000
Closed Wedgeworth Robert Wayne $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $2,495,000 +4.0% $694 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $2,399,000 -- $667 / 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 $32,350 $2,895,656 $1,735,072 $1,160,584
2023 $32,350 $2,783,216 $1,667,698 $1,115,518
2022 $31,195 $2,728,645 $1,634,999 $1,093,646
2021 $31,239 $2,675,143 $1,602,941 $1,072,202
2020 $30,587 $2,647,713 $1,586,505 $1,061,208
2019 $29,906 $2,595,798 $1,555,398 $1,040,400
2018 $29,335 $2,544,900 $1,524,900 $1,020,000
2017 $29,120 $2,495,000 $1,495,000 $1,000,000
2016 $15,078 $1,290,816 $645,408 $645,408
2015 $15,010 $1,271,428 $635,714 $635,714
2014 $14,875 $1,246,526 $623,263 $623,263
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Victor Borelli

    Compass

  • V

    Buyer's Agent in 2016

    Vincent Cheng

    Vista Investment & Realty

    (650) 888-9841

    13 Total Sales

    Vincent Cheng
    Section Image
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Map

Source: MLSListings

MLS Number: ML81631473

MLSListings

APN: 025-141-030

California San Mateo County Burlingame 94010 Ray Park

1759 Sequoia Ave, Burlingame, CA

This home is located at 1759 Sequoia Ave, Burlingame, CA 94010 since 10 November 2016 and is currently estimated at $3,562,172, approximately $990 per square foot. This property was built in 1956. 1759 Sequoia Ave is a home located in San Mateo County with nearby schools including Franklin Elementary School, Burlingame Intermediate School, and Burlingame High School.

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