NOT LISTED FOR SALE

Estimated Value: $2,872,000 - $3,300,000

4 Beds
3.5 Baths
2,180 Sq Ft
$1,394/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $2,330,000 $1,069 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $18,184/month

26 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Lincoln Elementary School Rated A
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of April 2019

[3D tour avail.] This cheerful and sophisticated home in Ray Park has a gracious split-level floor plan, spacious rooms and a beautiful backyard. The striking exterior boasts tremendous curb appeal. The living room is embraced by high ceilings, a wall of windows and a cozy fireplace. The sunny dining room flows into a well-appointed kitchen with a gourmet gas range and sweeping countertops. Two large bedrooms complete this level on opposite ends of the hallway, one overlooks the lush garden. The upper level is a well-designed addition to the original floor plan. Up a graceful wooden staircase, an open and generous mezzanine room can be used as a family room or home office. This level has two tranquil bedrooms, including a master suite. The covered patio provides a relaxing space to enjoy the well-maintained landscape in the backyard. This is a desirable neighborhood known for its great schools and proximity to popular restaurants, downtown and easy commute to SF or the South Bay.

Last Agent to Sell the Property

Annie Chang

Sequoia Real Estate License #01476872 Listed on: 02/28/2019

Last Buyer's Agent

Donovan Yi

Sequoia Real Estate License #02065440

Sequoia Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,249 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 025-193-120

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2180
  • Year Built: 1950
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Hood Over Range
  • Living Sq Ft: 2180
  • Stories: 2
  • Laundry: Gas Hookup, In Garage
  • Flooring: Hardwood, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Schools

  • High School: 615

Lot Info

  • Parcel Number: 025-193-120
  • Lot Acres: 0.1205
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5250.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 8, 2019
Sold by
Lin Rachel T and The Rachel T Lin Revocable Tru
Bought by
Zheng Yijiu and Chen Xu
Seller's Agent
Annie Chang
Sequoia Real Estate
Buyer's Agent
Donovan Yi
Sequoia Real Estate
List Price
$2,490,000
Sold Price
$2,330,000
Premium/Discount to List
-$160,000
-6.43%
Current Estimated Value
$3,038,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,917
Avg. Annual Appreciation
4.00%
Original Mortgage
$186,400
Outstanding Balance
$164,209
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,874,708

Purchase Details

Closed on
Jul 29, 2003
Sold by
Lin Rachel Tsai
Bought by
Lin Rachel T

Purchase Details

Closed on
Mar 1, 1996
Sold by
Raffo Gloria
Bought by
Lin Rachel Tsai
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
Zheng Yijiu $2,330,000 First American Title Company
Lin Rachel T -- --
Lin Rachel Tsai $325,000 North American Title Co
Raffo Gloria -- North American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Yijiu $186,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $2,330,000 -6.4% $1,069 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $2,490,000 -- $1,142 / 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 $28,830 $2,599,155 $2,231,036 $368,119
2023 $28,830 $2,498,228 $2,144,403 $353,825
2022 $27,798 $2,449,244 $2,102,356 $346,888
2021 $27,839 $2,401,221 $2,061,134 $340,087
2020 $27,260 $2,376,600 $2,040,000 $336,600
2019 $6,753 $559,848 $241,990 $317,858
2018 $6,629 $548,872 $237,246 $311,626
2017 $6,580 $538,111 $232,595 $305,516
2016 $6,339 $527,561 $228,035 $299,526
2015 $6,310 $519,637 $224,610 $295,027
2014 $6,221 $509,459 $220,211 $289,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81740663

MLSListings

APN: 025-193-120