NOT LISTED FOR SALE

405 Chapin Ln Hillsborough, CA 94010

Burlingame Park Neighborhood

Estimated Value: $1,697,000 - $8,442,000

9 Beds
9 Baths
5,474 Sq Ft
$926/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $6,750,000 $1,233 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $28,558/month

160 Days on Market

Highlights

  • Private Pool
  • 0.58 Acre Lot
  • Breakfast Room
  • McKinley Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Heritage Park

About This Home

As of August 2020

Once in a lifetime opportunity to own arguably the best property in all of Burlingame! This classic Gardner Dailey designed home with Thomas Church landscaping is the ultimate rarity: over half an acre in prime Downtown Burlingame with access to Hillsborough Schools. The best part? The property has plans by master builder RG Developments for an extensive renovation of the home that would put the total square footage at over 7,000 sq. ft. spread amongst three levels, a guest house and a pool house. As configured, the house is approximately 5,400 sq. ft. with 7BR and 5.5BA and library. An additional 2BR/2BA guest house with rumpus room and 3-car garage complete the expansive property. The property encompasses several parcels, including one parcel in Hillsborough, making this an extremely unique Burlingame property that allows residents to attend Hillsborough Schools. The home sits on a quiet cul-de-sac a literal two-block walk to Downtown Burlingame!

Last Agent to Sell the Property

Pierre & Alex Buljan

Compass License #70014994 Listed on: 01/10/2020

Compass

Last Buyer's Agent

Rebecca Ford

Ford, Rebecca License #00669828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,583

Year Built

  • 1938

Lot Details

  • 0.58

Parking

  • 3 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,474 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms

Additional Features

  • Private Pool
  • 0.58 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,583

Year Built

1938

Lot Details

0

Parking

3

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 5474
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 5474
  • Stories: 2
  • Flooring: Wood
  • Maximum Numberof Bedrooms: 9
  • Minimum Numberof Bedrooms: 9
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: San Mateo Union High
  • High School: Burlingame High
  • High School: 615

Lot Info

  • Lot Acres: 0.5834
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25413.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25413.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Aug 3, 2020
Sold by
Tombstone Properties Llc
Bought by
Wyatt John T and Wyatt Cheryl F
Seller's Agent
Pierre & Alex Buljan
Compass
Buyer's Agent
Rebecca Ford
Ford, Rebecca
List Price
$7,295,000
Sold Price
$6,750,000
Premium/Discount to List
-$545,000
-7.47%
Current Estimated Value
$5,069,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,680,500
Avg. Annual Appreciation
-4.24%
Original Mortgage
$3,999,999
Outstanding Balance
$3,514,493
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,898,007

Purchase Details

Closed on
Nov 7, 2018
Sold by
Leininger Paul G and Leininger Carol M
Bought by
Tombstone Properties Llc

Purchase Details

Closed on
Jul 24, 2003
Sold by
Littlefield Jeannik M
Bought by
Leininger Paul G and Leininger Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Wyatt John T $6,750,000 Chicago Title Company
Tombstone Properties Llc $5,000,000 First American Title Co
Leininger Paul G $2,750,000 Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyatt John T $3,999,999
Previous Owner Leininger Paul G $1,650,000
Closed Leininger Paul G $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $6,750,000 0.0% $1,233 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/15/2020 03/15/20 Off Market $6,750,000 -- --
02/03/2020 02/03/20 Price Changed $6,995,000 -4.1% $1,278 / Sq Ft
01/10/2020 01/10/20 For Sale $7,295,000 -- $1,333 / 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 $18,583 $1,570,604 $1,016,402 $554,202
2023 $18,583 $1,509,619 $976,935 $532,684
2022 $17,386 $1,460,020 $957,780 $502,240
2021 $16,158 $1,351,000 $939,000 $412,000
2020 $5,726 $408,000 $204,000 $204,000
2019 $5,635 $400,000 $200,000 $200,000
2018 $4,648 $312,382 $156,191 $156,191
2017 $4,610 $306,258 $153,129 $153,129
2016 $4,524 $300,254 $150,127 $150,127
2015 $4,472 $295,744 $147,872 $147,872
2014 $4,373 $289,952 $144,976 $144,976
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pierre & Alex Buljan

    Compass

    Section Image

  • R

    Buyer's Agent in 2020

    Rebecca Ford

    Ford, Rebecca

  • Cam Thompson

    Buyer's Agent in 2020

    Cam Thompson

    Coldwell Banker Realty

    (650) 302-2611

    1 in this area

    52 Total Sales

    Cam Thompson
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81778697

MLSListings

APN: 028-282-280

California San Mateo County Hillsborough 94010 Burlingame Park

405 Chapin Ln, Hillsborough, CA

This home is located at 405 Chapin Ln, Hillsborough, CA 94010 since 10 January 2020 and is currently estimated at $5,069,500, approximately $926 per square foot. This property was built in 1938. 405 Chapin Ln is a home located in San Mateo County with nearby schools including McKinley Elementary School, Burlingame Intermediate School, and Burlingame High School.

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