NOT LISTED FOR SALE

Estimated Value: $1,823,000 - $2,166,000

3 Beds
2 Baths
1,640 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $1,511,000 $921 Per Sq Ft

116 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating System
  • Washington Elementary School Rated A
  • Tandem Parking
  • Back Yard

About This Home

As of July 2020

Wonderful opportunity to own a property in one of the most desired areas in Burlingame 709 Bayswater is Ideally located on a picturesque tree-lined street ,this rare property currently has two homes on one lot each with their own meters and yards.. The front home is approx. 915 sq. feet , it features 2BR/1BA, large front porch with side yard, Open floor plan with living room, eat-in kitchen with stainless steel appliances and hardwood floors, and in-unit laundry. The smaller home approx. 725 sq. feet at the back portion of the lot features 1BR/1BA, open living and dining area with nice yard. Walkability to Burlingame Ave, CalTrain station, Washington Park, Burlingame Recreation Center and Washington,Elementary, easy access to 101 and SFO.

Last Agent to Sell the Property

Lisa Karson

Golden Gate Sotheby's International Realty License #01775831 Listed on: 03/09/2020

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jennifer Hamamura

InSync Real Estate License #02072105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,353

Year Built

  • 1910

Lot Details

  • 5,001 Sq Ft Lot
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 1,640 Sq Ft Home
  • Wood Flooring

Parking

  • 2 Parking Spaces
  • Tandem Parking

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $47,100

Community Details

Overview

  • 1,640 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,125
  • Insurance Expense $1,475
  • Trash Expense $2,138
  • Operating Expense $10,105
  • Gross Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,353

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Age: 110
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1640
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 1640
  • Flooring: Hardwood

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Tandem Parking

Utilities

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

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 Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 33.93
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1475
  • Expense Landscape: 1125
  • Expenses Total: 10105
  • Expense Trash: 2138
  • Income Annual Gross: 47100.00
  • Income Annual Rental: 47100
  • Income Gross Scheduled: 47100
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 10, 2020
Sold by
Campbell Jennifer Fay
Bought by
Hamamura Michael Masao
Seller's Agent
Lisa Karson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jennifer Hamamura
InSync Real Estate
List Price
$1,598,000
Sold Price
$1,511,000
Premium/Discount to List
-$87,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,511,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jul 9, 2020
Sold by
Gregoriante Christine M and Gregoriante Marian Survivors
Bought by
Hamamura Michael Masao
Seller's Agent
Lisa Karson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jennifer Hamamura
InSync Real Estate
List Price
$1,598,000
Sold Price
$1,511,000
Premium/Discount to List
-$87,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,511,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2019
Sold by
Gregoriante Marian and Gregoriante Christine M
Bought by
Gregoriante Christine M and Gregoriante Catherine Elizabeth
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
Hamamura Michael Masao -- Lawyers Title Company
Hamamura Michael Masao $1,511,000 Lawyers Title Company
Gregoriante Christine M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamamura Michael Masao $1,722,000
Closed Hamamura Michael Masao $1,511,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $1,511,000 -5.4% $921 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $1,598,000 0.0% $974 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/30/2020 05/30/20 Price Changed $1,598,000 -11.1% $974 / Sq Ft
05/21/2020 05/21/20 Price Changed $1,798,000 -5.3% $1,096 / Sq Ft
05/02/2020 05/02/20 Price Changed $1,898,000 0.0% $1,157 / Sq Ft
05/02/2020 05/02/20 For Sale $1,898,000 +25.6% $1,157 / Sq Ft
04/16/2020 04/16/20 Off Market $1,511,000 -- --
03/18/2020 03/18/20 For Sale $1,598,000 +5.8% $974 / Sq Ft
03/18/2020 03/18/20 Off Market $1,511,000 -- --
03/09/2020 03/09/20 For Sale $1,598,000 -- $974 / 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 $18,353 $1,635,552 $1,347,627 $287,925
2023 $18,353 $1,572,044 $1,295,298 $276,746
2022 $17,702 $1,541,220 $1,269,900 $271,320
2021 $17,728 $1,511,000 $1,245,000 $266,000
2020 $5,481 $446,109 $274,535 $171,574
2019 $5,366 $437,362 $269,152 $168,210
2018 $5,268 $428,787 $263,875 $164,912
2017 $5,230 $420,380 $258,701 $161,679
2016 $5,038 $412,138 $253,629 $158,509
2015 $5,015 $405,949 $249,820 $156,129
2014 $4,945 $397,998 $244,927 $153,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81786060

MLSListings

APN: 029-292-040