NOT LISTED FOR SALE

714 Paloma Ave Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $2,274,000 - $2,490,695

3 Beds
2 Baths
1,680 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $1,650,000 $982 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $14,429/month

12 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Forced Air Heating System
  • McKinley Elementary School Rated A
  • Breakfast Room

About This Home

As of October 2017

1927 Vintage Spanish! Large formal rooms, 3rd "bedroom" has no closet. Needs work, but great potential. Gracious floor plan, Nice backyard, 2 car detached garage. Handy to McKinley School, El Camino and Downtown Burlingame. Open Saturday and Sunday.

Last Agent to Sell the Property

Ray Lombardi

Compass License #00512061 Listed on: 09/27/2017

Compass

Last Buyer's Agent

Raziel A. Ungar

Compass License #01701234

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,972

Year Built

  • Built in 1927

Lot Details

  • 6,652 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 029-043-250

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,972

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Property Condition: Fixer Upper
  • Listing Class: Residential
  • Structure Sq Ft: 1680
  • Year Built: 1927
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Room, Formal Dining Room
  • Living Sq Ft: 1680
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 615

Lot Info

  • Parcel Number: 029-043-250
  • Lot Acres: 0.1527
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6650.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6650.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: McKinley Elementary
  • High School Text: Burlingame High
  • Middle School Text: Burlingame Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Oct 25, 2017
Sold by
Guglielmoni Michael J
Bought by
Kamenov Kalin and Avrionova Kristina
Seller's Agent
Ray Lombardi
Compass
Buyer's Agent
Raziel A. Ungar
Compass
List Price
$1,598,000
Sold Price
$1,650,000
Premium/Discount to List
$52,000
3.25%
Current Estimated Value
$2,410,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,674
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,300,000
Outstanding Balance
$1,059,896
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,350,778

Purchase Details

Closed on
Oct 8, 2002
Sold by
Guglielmoni James C
Bought by
Trust B
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
Kamenov Kalin $1,650,000 North American Title Co Inc
Trust B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamenov Kalin $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $1,650,000 +3.3% $982 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $1,598,000 -- $951 / 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 $20,972 $1,877,413 $1,706,742 $170,671
2023 $20,972 $1,804,513 $1,640,468 $164,045
2022 $20,224 $1,769,131 $1,608,302 $160,829
2021 $20,250 $1,734,443 $1,576,767 $157,676
2020 $19,829 $1,716,660 $1,560,600 $156,060
2019 $19,388 $1,683,000 $1,530,000 $153,000
2018 $19,018 $1,650,000 $1,500,000 $150,000
2017 $1,569 $103,253 $30,603 $72,650
2016 $1,511 $101,229 $30,003 $71,226
2015 $1,501 $99,710 $29,553 $70,157
2014 $1,481 $97,758 $28,975 $68,783
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ray Lombardi

    Compass

    Section Image

  • R

    Buyer's Agent in 2017

    Raziel A. Ungar

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81679478

MLSListings

APN: 029-043-250

California San Mateo County Burlingame 94010 Burlingame Terrace

714 Paloma Ave, Burlingame, CA

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