NOT LISTED FOR SALE

521 Rollins Rd Burlingame, CA 94010

Oak Grove Manor Neighborhood

Estimated Value: $1,642,000 - $2,283,342

4 Beds
2 Baths
1,597 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $1,150,000 $720 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,631/month

25 Days on Market

Highlights

  • Granite Countertops
  • 1-Story Property
  • 1-minute walk to Trenton Park
  • Washington Elementary School Rated A

About This Home

As of March 2016

Absolutely perfect one level duplex for the first time investor or owner user to help with additional income. Kitchens & baths are updated and beautiful laminate flooring plus new tank-less water heaters in each unit . Perfect location close to the "Ave", Burlingame HS, Washington Elementary, Washington Park and Broadway a short distance away. SFO just 10 min. away and Silicon Valley 40 min. south. It's also convenient to CalTrain and Bart. This could also be a great opportunity for your college graduate to get started in having their own place.

Last Agent to Sell the Property

Lou Realyvasquez

Compass License #00771468 Listed on: 01/08/2016

Compass

Last Buyer's Agent

Guillermo Reyes

Corcoran Icon Properties License #01333452

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,446

Year Built

  • 1944

Lot Details

  • 5,489 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Parking

  • 1 Parking Space
  • 1 Carport Space
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Community Details

Overview

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,446

Year Built

1944

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • 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

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1597
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 1

Utilities

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

Schools

  • School District: San Mateo Union High
  • Elementary School: Washington Elementary
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 678

Lot Info

  • Lot Acres: 0.1260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 22.61
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Includes: Lease, Parking, Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 24, 2016
Sold by
Fields Leslie C
Bought by
The Kenny C Kan & May An Quang Trust and An Quang May
Seller's Agent
Lou Realyvasquez
Compass
Buyer's Agent
Guillermo Reyes
Corcoran Icon Properties
List Price
$1,275,000
Sold Price
$1,150,000
Premium/Discount to List
-$125,000
-9.8%
Current Estimated Value
$1,956,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,836
Avg. Annual Appreciation
5.71%
Original Mortgage
$400,000
Outstanding Balance
$314,477
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,642,359

Purchase Details

Closed on
Aug 26, 2014
Sold by
Fields Leslie C
Bought by
Fields Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving
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
The Kenny C Kan & May An Quang Trust $1,150,000 Old Republic Title Company
Fields Leslie C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Kenny C Kan & May An Quang Trust $400,000
Previous Owner Fields Leslie C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $1,150,000 -9.8% $720 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $1,275,000 -- $798 / 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 $15,446 $1,361,360 $1,089,091 $272,269
2023 $15,446 $1,308,499 $1,046,801 $261,698
2022 $14,899 $1,282,843 $1,026,276 $256,567
2021 $14,918 $1,257,690 $1,006,153 $251,537
2020 $14,608 $1,244,795 $995,837 $248,958
2019 $14,288 $1,220,388 $976,311 $244,077
2018 $14,018 $1,196,460 $957,168 $239,292
2017 $13,915 $1,173,000 $938,400 $234,600
2016 $1,467 $86,953 $33,119 $53,834
2015 $1,459 $85,648 $32,622 $53,026
2014 $1,440 $83,971 $31,983 $51,988
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lou Realyvasquez

    Compass

    Section Image

  • G

    Buyer's Agent in 2016

    Guillermo Reyes

    Corcoran Icon Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81546413

MLSListings

APN: 029-165-070

California San Mateo County Burlingame 94010 Oak Grove Manor

521 Rollins Rd, Burlingame, CA

This home is located at 521 Rollins Rd, Burlingame, CA 94010 since 08 January 2016 and is currently estimated at $1,956,836, approximately $1,225 per square foot. This property was built in 1944. 521 Rollins Rd is a home located in San Mateo County with nearby schools including Washington Elementary School, Burlingame Intermediate School, and Burlingame High School.

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