NOT LISTED FOR SALE

Estimated Value: $1,837,000 - $3,017,079

3 Beds
2 Baths
1,528 Sq Ft
$1,432/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $1,288,000 $843 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,948/month

4 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Laundry Room
  • Washington Elementary School Rated A
  • 2 Car Attached Garage
  • 1-minute walk to Trenton Park

About This Home

As of December 2017

Owner has purchased another home and says SELL now! Both units owner occupied. Two modern, bright, and renovated units to be delivered vacant at COE. The first is a 2BD / 1BA home with newer stainless steel appliances, granite kitchen counters, and laminate floors. The second large unit is over the garage with 1BD / 1BA also with similar upgrades. The home has double pane windows, brand new fences surrounding the property on three sides & all new cement pavement in front & back creating a no maintenance yard. Separate garages for each unit - plus 3 more parking spaces onsite. Shared laundry room. This home is perfect for an investor or the next owner occupier to take advantage of all that Burlingame offers -- great schools, parks, downtown and proximity to the freeway/BART/Caltrain for easy commutes. Please don't bother owners. First open house on Sunday from 1-4pm.

Last Agent to Sell the Property

Amy Brenner

Redfin License #01906823 Listed on: 12/15/2017

Redfin

Last Buyer's Agent

John Chao

Action Properties License #01314661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,544

Year Built

  • 1950

Lot Details

  • 4,095 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Elastomeric Roof
  • Bitumen Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Wall Furnace

Community Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,544

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1528
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Countertop - Granite, Oven Range, Refrigerator
  • Living Sq Ft: 1528
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Bitumen, Elastomeric
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.0940
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4094.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4094.00

Rental Info

  • Existing Lease Term(s): Res/Comm Rental

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Dec 24, 2017
Sold by
Shanthkumar Sathya
Bought by
Thoe Lane Llc
Seller's Agent
Amy Brenner
Redfin
Buyer's Agent
John Chao
Action Properties
List Price
$1,198,000
Sold Price
$1,288,000
Premium/Discount to List
$90,000
7.51%
Current Estimated Value
$2,188,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,520
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Nov 16, 2014
Closed on
Jan 2, 2015
Sold by
Sandeman William H
Bought by
Shanthakumar Sathya
Seller's Agent
Hossein Djalali
Coldwell Banker
Buyer's Agent
Bernadette Casey-Durazzo
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$840,000
Interest Rate
3.76%
Mortgage Type
New Conventional
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
Thoe Lane Llc $1,289,000 Chicago Title Co
Shanthakumar Sathya $1,050,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shanthakumar Sathya $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Sold $1,288,000 +7.5% $843 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $1,198,000 +14.1% $784 / Sq Ft
02/09/2015 02/09/15 Sold $1,050,000 -12.5% $489 / Sq Ft View Prior Sale
12/09/2014 12/09/14 Pending -- -- --
11/16/2014 11/16/14 For Sale $1,200,000 -- $559 / 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 $16,544 $1,466,657 $897,744 $568,913
2023 $16,544 $1,409,707 $862,885 $546,822
2022 $15,957 $1,382,066 $845,966 $536,100
2021 $15,979 $1,354,968 $829,379 $525,589
2020 $15,648 $1,341,075 $820,875 $520,200
2019 $15,303 $1,314,780 $804,780 $510,000
2018 $15,014 $1,289,000 $789,000 $500,000
2017 $12,888 $1,087,332 $543,666 $543,666
2016 $12,415 $1,066,012 $533,006 $533,006
2015 $2,557 $186,444 $65,249 $121,195
2014 $2,442 $182,792 $63,971 $118,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81687136

MLSListings

APN: 029-185-020