NOT LISTED FOR SALE

518 Almer Rd Unit 2 Burlingame, CA 94010

Downtown Burlingame Neighborhood

Estimated Value: $1,308,000 - $1,667,000

2 Beds
2 Baths
1,600 Sq Ft
$923/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $1,300,000 $812 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,096/month

Highlights

  • Formal Dining Room
  • Subterranean Parking
  • Gas Log Fireplace
  • McKinley Elementary School Rated A
  • Eat-In Kitchen

About This Home

As of April 2023

Amazing Location! Top Burlingame Schools. The building has been completely redone inside and out. The convenience of a condominium with the livability of a single-family residence. Situated in an exclusive gated community of just 8 residences. The spacious and open floor plan includes a large living room, formal dining room plus a casual dining area a rare find in a condo setting. This unit offers plenty of light with large windows and French Doors connecting the formal dining room. Other features include granite countertops, hardwood floors, storage, and a washer/dryer in the unit. 2 bedrooms and 2 full bathrooms, including a luxurious primary suite with a huge spa-like bath. 2 designated parking spaces. Close to the restaurants and shops on Burlingame Avenue, The Library, Washington Park, and CalTrain Station.

Last Agent to Rent the Property

Sheran Honneyman

KW Advisors License #01412131 Listed on: 03/07/2023

KW Advisors

Last Renter's Agent

Sheran Honneyman

KW Advisors License #01412131 Listed on: 03/07/2023

KW Advisors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,892

Year Built

  • 1994

Lot Details

  • 8,712

Parking

  • 2 Car Garage
  • Subterranean Parking

Interior Spaces

  • 1,600 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 3/15/23
  • Rent includes trash removal, water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,892

Year Built

1994

Lot Details

0

Parking

2

Rental Info

  • Available: 03/15/2023
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Trash Removal, Water
  • Security Deposit: 5000

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Rules
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1994

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1600
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Underground Parking

Condo/Co-op/Association

  • HOA Exist: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Nov 29, 2019
Sold by
Forte Stephen A
Bought by
Mochary Matthew and Dorow Titiana
Seller's Agent
Sheran Honneyman
KW Advisors
Buyer's Agent
Sheran Honneyman
KW Advisors
Sold Price
$4,495
Current Estimated Value
$1,477,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,473,097
Avg. Annual Appreciation
2.19%

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 15, 2015
Sold by
Beretta Dorothy
Bought by
Forte Stephen A
Seller's Agent
Mark Roberts
Coldwell Banker Realty
Buyer's Agent
Sia Glafkides
Compass
List Price
$979,900
Sold Price
$1,075,000
Premium/Discount to List
$95,100
9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$860,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 8, 2015
Sold by
Newby Forte Jill J
Bought by
Forte Stephen A
Seller's Agent
Mark Roberts
Coldwell Banker Realty
Buyer's Agent
Sia Glafkides
Compass
List Price
$979,900
Sold Price
$1,075,000
Premium/Discount to List
$95,100
9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 1995
Sold by
Almer Corp
Bought by
Nield Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Mochary Matthew $1,300,000 North American Title Co Inc
Forte Stephen A $1,075,000 North American Title Company
Forte Stephen A -- North American Title Co Inc
Nield Susan J $360,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forte Stephen A $860,000
Previous Owner Nield Susan J $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Rented $4,500 0.0% --
03/17/2023 03/17/23 Under Contract -- -- --
03/07/2023 03/07/23 For Rent $4,500 -9.9% --
09/16/2022 09/16/22 Rented $4,995 0.0% --
09/14/2022 09/14/22 Under Contract -- -- --
08/03/2022 08/03/22 For Rent $4,995 +25.0% --
03/31/2021 03/31/21 Rented $3,995 0.0% --
03/10/2021 03/10/21 Under Contract -- -- --
03/02/2021 03/02/21 For Rent $3,995 -11.1% --
12/12/2019 12/12/19 Rented $4,495 0.0% --
12/09/2019 12/09/19 Under Contract -- -- --
12/09/2019 12/09/19 For Rent $4,495 0.0% --
12/06/2019 12/06/19 Sold $1,300,000 -6.8% $813 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $1,395,000 -6.3% $872 / Sq Ft
09/19/2019 09/19/19 For Sale $1,489,000 0.0% $931 / Sq Ft
10/16/2017 10/16/17 Rented -- -- --
10/12/2017 10/12/17 Under Contract -- -- --
09/27/2017 09/27/17 For Rent $4,000 0.0% --
04/16/2015 04/16/15 Sold $1,075,000 +9.7% $672 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $979,900 -- $612 / 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 $15,892 $1,421,736 $426,520 $995,216
2023 $15,892 $1,366,529 $409,958 $956,571
2022 $15,330 $1,339,735 $401,920 $937,815
2021 $15,353 $1,313,467 $394,040 $919,427
2020 $15,038 $1,300,000 $390,000 $910,000
2019 $13,391 $1,158,192 $347,457 $810,735
2018 $13,139 $1,135,484 $340,645 $794,839
2017 $13,044 $1,113,220 $333,966 $779,254
2016 $12,564 $1,091,393 $327,418 $763,975
2015 $6,734 $573,269 $171,974 $401,295
2014 $6,382 $562,041 $168,606 $393,435
Source: Public Records

Agents Affiliated with this Home

  • Sheran Honneyman

    Landlord's Agent in 2023

    Sheran Honneyman

    KW Advisors

    (650) 678-8493

    7 Total Sales

    Sheran Honneyman
    Section Image
  • Denise Laugesen

    Seller's Agent in 2019

    Denise Laugesen

    KW Advisors

    (650) 465-5742

    122 Total Sales

    Denise Laugesen
    Section Image

  • M

    Seller's Agent in 2015

    Mark Roberts

    Coldwell Banker Realty

  • S

    Buyer's Agent in 2015

    Sia Glafkides

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81920031

MLSListings

APN: 103-590-020

California San Mateo County Burlingame 94010 Downtown Burlingame

518 Almer Rd Unit 2, Burlingame, CA

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