NOT LISTED FOR SALE

Estimated Value: $1,255,000 - $2,106,192

4 Beds
2 Baths
1,597 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $1,100,000 $689 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,356/month

5 Days on Market

Highlights

  • Detached Garage
  • Washington Elementary School Rated A
  • 1-Story Property

About This Home

As of July 2016

This home is located at 325 Rollins Rd, Burlingame, CA 94010 since 14 July 2016 and is currently estimated at $1,725,048, approximately $1,080 per square foot. This property was built in 1944. 325 Rollins Rd is a home located in San Mateo County with nearby schools including Washington Elementary School, Burlingame Intermediate School, and Burlingame High School.

Last Agent to Sell the Property

Marilyn Becklehimer

BHG J.F. Finnegan Realtors License #00989982 Listed on: 07/14/2016

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,518

Year Built

  • 1944

Lot Details

  • 5,489 Sq Ft Lot

Home Design

  • Duplex
  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Detached Garage
  • 2 Carport Spaces

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $100
  • Insurance Expense $900
  • Maintenance Expense $4,000
  • Manager Expense $3,420
  • Operating Expense $11,645
  • Gross Income $57,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,518

Year Built

1944

Lot Details

0

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1597
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Living Sq Ft: 1597
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Raised, Sealed Crawlspace
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Detached Garage
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer In Street

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5501.63
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5501.63

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.71
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expense Landscape: 100
  • Expense Maintenance: 4000
  • Expense Management: 3420
  • Expenses Total: 11645
  • Income Annual Gross: 57624.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Anezinos Panagiotis K and Anezinos Chris
Bought by
Anezinos Peter K and Anezinos Chris
Current Estimated Value
$1,725,048

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jul 22, 2016
Sold by
Tse Consuelo
Bought by
Anezinos Panagiotis K and Anezinos Chris
Seller's Agent
Marilyn Becklehimer
BHG J.F. Finnegan Realtors
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$666,000
Outstanding Balance
$532,012
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,193,036

Purchase Details

Listed on
Jan 31, 2016
Closed on
Mar 25, 2016
Sold by
Tse Kwok Wai
Bought by
Tse Consuelo
Seller's Agent
Dave Marino
Real Property Sales, Inc.
Buyer's Agent
Marilyn Becklehimer
BHG J.F. Finnegan Realtors
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,200,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 31, 2016
Closed on
Mar 24, 2016
Sold by
Gavin Laurence A
Bought by
Tse Consuelo
Seller's Agent
Dave Marino
Real Property Sales, Inc.
Buyer's Agent
Marilyn Becklehimer
BHG J.F. Finnegan Realtors
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 12, 2012
Sold by
Gavin Laurence A
Bought by
Gavin Laurence A

Purchase Details

Closed on
Nov 22, 1993
Sold by
Gavin Laurence A and Gavin Ina P
Bought by
Gavin Laurence A and Gavin Ina P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Anezinos Peter K -- None Available
Anezinos Panagiotis K $1,100,000 Lawyers Title Company
Tse Consuelo -- First American Title Company
Tse Consuelo $1,100,000 First American Title Company
Gavin Laurence A -- None Available
Gavin Laurence A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anezinos Panagiotis K $666,000
Previous Owner Tse Consuelo $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2016 07/27/16 Sold $1,100,000 0.0% $689 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $1,100,000 0.0% $689 / Sq Ft
03/31/2016 03/31/16 Sold $1,100,000 -6.4% $688 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $1,175,000 -- $734 / 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 $14,518 $1,276,639 $1,114,159 $162,480
2023 $14,518 $1,227,068 $1,070,896 $156,172
2022 $14,005 $1,203,009 $1,049,899 $153,110
2021 $14,022 $1,179,421 $1,029,313 $150,108
2020 $13,731 $1,167,328 $1,018,759 $148,569
2019 $13,431 $1,144,440 $998,784 $145,656
2018 $13,178 $1,122,000 $979,200 $142,800
2017 $13,081 $1,100,000 $960,000 $140,000
2016 $3,238 $244,565 $82,740 $161,825
2015 $3,221 $240,893 $81,498 $159,395
2014 $3,177 $236,175 $79,902 $156,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595205

MLSListings

APN: 029-194-050