NOT LISTED FOR SALE

Estimated Value: $1,643,000 - $2,358,910

4 Beds
2 Baths
1,597 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $1,242,500 $778 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,737/month

4 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Tile Flooring
  • Washington Elementary School Rated A
  • Skylights
  • 1-minute walk to Trenton Park

About This Home

As of July 2017

Desirable duplex in Burlingame! Live in one and rent the other or excellent investment opportunity. Close proximity to downtown and minutes away from SFO Airport and San Francisco. Each unit consists of 2 bedrooms and 1 bath, with a detached two car garage. The rear unit has an upgraded kitchen and bath, newer paint, crown moulding and a private backyard. Upgraded electrical panels for both units. Must see to appreciate!

Last Agent to Sell the Property

Shawn Loucks

Inactive Office License #01236681 Listed on: 05/18/2017

Co-Listed By

Patty Loucks

Town & Country Properties License #01256864

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,019

Year Built

  • 1944

Lot Details

  • 5,489 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile

Utilities

  • Wall Furnace

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,019

Year Built

1944

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM0000
  • Subclass: Duplex
  • Style: Traditional
  • Age: 73
  • 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, Dishwasher, Refrigerator
  • Living Sq Ft: 1597
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: San Mateo Union High
  • Elementary School: Washington Elementary
  • Middle School: Burlingame Intermediate
  • High School: Burlingame High
  • High School: 615
  • Elementary School: 678
  • Middle School: 675

Lot Info

  • Lot Description: Grade - Level
  • 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): Month To Month
  • Number Of Leased: 1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 7, 2017
Sold by
Sanchez Karen and Sanchez Jose
Bought by
Anezinos Panagiotis and Anezinos Chris
Seller's Agent
Shawn Loucks
Inactive Office
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,179,000
Sold Price
$1,242,500
Premium/Discount to List
$63,500
5.39%
Current Estimated Value
$1,967,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,228
Avg. Annual Appreciation
5.71%
Original Mortgage
$869,750
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 6, 2017
Sold by
Sanchez Susan Rozalla
Bought by
Sanchez Jose
Seller's Agent
Shawn Loucks
Inactive Office
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,179,000
Sold Price
$1,242,500
Premium/Discount to List
$63,500
5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,750
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2007
Sold by
Laws Jarrett Richard
Bought by
Laws Karen Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,250
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2006
Sold by
Kwok Hiuwai
Bought by
Tseng Henry Rick and Keh Danny Yi Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2006
Sold by
Tseng Amanda
Bought by
Tseng Henry Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 2004
Sold by
Huang May
Bought by
Huang Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
Sold by
Huang Jack
Bought by
Kwok Hiuwai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1999
Sold by
Huggans Jan K
Bought by
Huang Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6%
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
Anezinos Panagiotis $1,242,500 Old Republic Title Company
Sanchez Jose -- Old Republic Title Company
Laws Karen Sanchez -- Fidelity National Title Co
Laws Karen Sanchez $870,000 Fidelity National Title Co
Tseng Henry Rick $1,000,000 Fidelity National Title Co
Tseng Henry Rick -- Fidelity National Title Co
Huang Jack -- Commonwealth Land Title Ins
Kwok Hiuwai $705,000 Commonwealth Land Title Ins
Huang Jack $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Anezinos Panagiotis $869,750
Previous Owner Laws Karen Sanchez $43,250
Previous Owner Laws Karen Sanchez $696,000
Previous Owner Laws Karen Sanchez $43,250
Previous Owner Tseng Henry Rick $129,000
Previous Owner Tseng Henry Rick $645,000
Previous Owner Tseng Henry Rick $129,000
Previous Owner Kwok Hiuwai $564,000
Previous Owner Huang Jack $240,000
Closed Kwok Hiuwai $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $1,242,500 +5.4% $778 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,179,000 -- $738 / 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 $16,019 $1,413,749 $1,137,827 $275,922
2023 $16,019 $1,358,853 $1,093,645 $265,208
2022 $15,452 $1,332,209 $1,072,201 $260,008
2021 $15,472 $1,306,088 $1,051,178 $254,910
2020 $15,150 $1,292,697 $1,040,400 $252,297
2019 $14,818 $1,267,350 $1,020,000 $247,350
2018 $14,538 $1,242,500 $1,000,000 $242,500
2017 $11,907 $1,004,328 $502,164 $502,164
2016 $11,469 $984,636 $492,318 $492,318
2015 $11,417 $969,846 $484,923 $484,923
2014 $11,251 $950,850 $475,425 $475,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81652086

MLSListings

APN: 029-165-020