NOT LISTED FOR SALE

501 Marin Dr Burlingame, CA 94010

Burlingame Gardens Neighborhood

Estimated Value: $1,919,000 - $2,648,344

4 Beds
2 Baths
2,212 Sq Ft
$975/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $1,350,000 $610 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,246/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Washer and Dryer
  • 3-minute walk to Trenton Park
  • McKinley Elementary School Rated A

About This Home

As of December 2015

Rare corner lot Duplex in desirable Burlingame.Updated 2 unit-2bdrm/ 1 bath each includes a private garage & backyard per unit. Remodeled w/ beautiful hardwood floors, double pane windows updated kitchen w/ new appliances, counter tops, laundry hook ups in garage,remodeled bths w/ new fixtures, central heat, and 2 good size bedrooms. The inviting separate backyards are perfect for both units to enjoy privately.This is a must see in one of the best communities in the Peninsula w/ top rated schools!

Last Agent to Sell the Property

Lucy Goldenshteyn

Redfin License #01384836 Listed on: 10/16/2015

Last Buyer's Agent

Ronda O'Leary

Compass License #01339402

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,951

Year Built

  • 1941

Lot Details

  • 5,271

Parking

  • 1 Car Garage

Home Design

  • 2,212 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Laundry

  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $30,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,951

Year Built

1941

Lot Details

0

Parking

1

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Age: 74
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2212
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 2212
  • Laundry: Hookups Only, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High
  • Middle School: Burlingame Intermediate
  • High School: Burlingame High
  • High School: 615
  • Middle School: 675

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5250.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 43.27
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 27000.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Maintenance - Interior, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 19, 2015
Sold by
Costa Julie K
Bought by
Costa James J
Seller's Agent
Lucy Goldenshteyn
Redfin
Buyer's Agent
Ronda O'Leary
Compass
List Price
$1,288,000
Sold Price
$1,350,000
Premium/Discount to List
$62,000
4.81%
Current Estimated Value
$2,156,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,336
Avg. Annual Appreciation
4.93%
Original Mortgage
$945,000
Outstanding Balance
$745,870
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,410,466

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 18, 2015
Sold by
Costa Marylou and Tague Patricia Costa
Bought by
Hutar John M and Hutar Lisa A
Seller's Agent
Lucy Goldenshteyn
Redfin
Buyer's Agent
Ronda O'Leary
Compass
List Price
$1,288,000
Sold Price
$1,350,000
Premium/Discount to List
$62,000
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$745,870
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,410,466

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 17, 2015
Sold by
Carignan Kaci
Bought by
Carignan Joel L
Seller's Agent
Lucy Goldenshteyn
Redfin
Buyer's Agent
Ronda O'Leary
Compass
List Price
$1,288,000
Sold Price
$1,350,000
Premium/Discount to List
$62,000
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$745,870
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,410,466

Purchase Details

Listed on
Oct 16, 2015
Closed on
Oct 26, 2015
Sold by
Costa Marylou
Bought by
Costa Marylou and Costa Tague Patricia
Seller's Agent
Lucy Goldenshteyn
Redfin
Buyer's Agent
Ronda O'Leary
Compass
List Price
$1,288,000
Sold Price
$1,350,000
Premium/Discount to List
$62,000
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$745,870
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,410,466
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
Costa James J -- First American Title Company
Hutar John M $1,350,000 First American Title Company
Carignan Joel L -- First American Title Company
Tague Patricia Costa -- First American Title Company
Carignan Sandoval Katherine A -- First American Title Company
Costa Marylou -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutar John M $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $1,350,000 +4.8% $610 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,288,000 -- $582 / 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 $17,951 $1,598,120 $1,124,604 $473,516
2023 $17,951 $1,536,065 $1,080,935 $455,130
2022 $17,311 $1,505,947 $1,059,741 $446,206
2021 $17,332 $1,476,419 $1,038,962 $437,457
2020 $16,972 $1,461,281 $1,028,309 $432,972
2019 $16,596 $1,432,630 $1,008,147 $424,483
2018 $16,279 $1,404,540 $988,380 $416,160
2017 $16,159 $1,377,000 $969,000 $408,000
2016 $15,565 $1,350,000 $950,000 $400,000
2015 $1,590 $97,889 $32,622 $65,267
2014 $1,569 $95,972 $31,983 $63,989
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lucy Goldenshteyn

    Redfin

  • R

    Buyer's Agent in 2015

    Ronda O'Leary

    Compass

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Map

Source: MLSListings

MLS Number: ML81519180

MLSListings

APN: 029-083-040

California San Mateo County Burlingame 94010 Burlingame Gardens

501 Marin Dr, Burlingame, CA

This home is located at 501 Marin Dr, Burlingame, CA 94010 since 16 October 2015 and is currently estimated at $2,156,336, approximately $974 per square foot. This property was built in 1941. 501 Marin Dr 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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