NOT LISTED FOR SALE

716 Acacia Dr Burlingame, CA 94010

Burlingame Terrace Neighborhood

Estimated Value: $3,199,000 - $3,690,000

4 Beds
2.5 Baths
2,080 Sq Ft
$1,607/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $2,720,000 $1,308 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $20,390/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Open to Family Room
  • Forced Air Heating System
  • McKinley Elementary School Rated A
  • 2 Car Attached Garage
  • Washer and Dryer

About This Home

As of May 2019

Located in the beloved Burlingame Terrace neighborhood, this single-level storybook residence built in 2001 offers an open and efficient floor plan with delightful spaces. Generous light-filled living spaces with high ceilings throughout. Open concept living space flows effortlessly. Stunning living room and entertain in the huge formal dining room both accentuated with high ceilings. Open to the spacious and comfortable family room with marble fireplace, the kitchen presents a large island with countertop seating and chef-worthy stainless appliances including a Viking range, Subzero refrigerator and more. Exquisite master suite with double vanity, jet tub, and marble shower. Three more bedrooms, including one near the entry which can also be used as an office, guest room. Fabulous bonus room that can be reimagined in a number of ways such as a playroom, man cave or office! Wonderfully located close to the bustling Downtown Burlingame, schools, CalTrain, 101, SFO and more!

Last Agent to Sell the Property

Caroline Huo

KW Advisors License #01419566 Listed on: 05/10/2019

KW Advisors

Last Buyer's Agent

Cameron McIntosh

KW Advisors License #01320144

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,635

Year Built

  • Built in 2001

Lot Details

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

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Open to Family Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 029-044-230

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,635

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2080
  • Year Built: 2001
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2080
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Additional Rooms: Basement - Finished
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • High School: 615

Lot Info

  • Parcel Number: 029-044-230
  • 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

Closed on
Mar 5, 2021
Sold by
Lee Mark C and Lee Jennifer
Bought by
Lee Mark and Lee Jennifer
Current Estimated Value
$3,343,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,456
Outstanding Balance
$1,310,988
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,032,453

Purchase Details

Listed on
May 10, 2019
Closed on
May 22, 2019
Sold by
Lee Family Trust
Bought by
Jennifer And Mark Lee Family Trust
Seller's Agent
Caroline Huo
KW Advisors
Buyer's Agent
Cameron McIntosh
KW Advisors
List Price
$2,498,000
Sold Price
$2,720,000
Premium/Discount to List
$222,000
8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2016
Sold by
Lee Kenneth C and Lee Catherine
Bought by
Lee Family Trust and Lee Catherine

Purchase Details

Closed on
Feb 25, 2016
Sold by
Lee Kenneth C and Chen Catherine Bing Huey
Bought by
Lee Kenneth C and Chen Catherine Bing Huey

Purchase Details

Closed on
Aug 14, 2013
Sold by
Macgregor Stuart J and Macgregor Barbara
Bought by
Lee Kenneth C and Chen Catherine Bing Huey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2010
Sold by
Harvey Alan G and Harvey Joan M
Bought by
Macgregor Stuart J and Macgregor Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2008
Sold by
Harvey Alan G and Harvey Joan M
Bought by
Harvey Alan G and Harvey Joan M

Purchase Details

Closed on
Apr 17, 2006
Sold by
Demilio Carl and Demilio Donelle
Bought by
Harvey Alan G and Harvey Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Bournazos Bill J and Bournazos Diane S
Bought by
Demilio Carl and Demilio Donelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1998
Sold by
Cooper Fowler Arlene Evelyn and Cooper Arlene Evelyn
Bought by
Bournazos Bill J and Bournazos Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.12%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Fowler Charles W
Bought by
Cooper Arlene Evelyn
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
Lee Mark -- Accommodation
Lee Mark C -- Accommodation
Jennifer And Mark Lee Family Trust $2,720,000 First American Title Company
Lee Family Trust -- None Available
Lee Kenneth C -- None Available
Lee Kenneth C -- Fidelity National Title Co
Lee Kenneth C $1,725,000 Fidelity National Title Co
Macgregor Stuart J $1,400,000 Fidelity National Title Co
Harvey Alan G -- None Available
Harvey Alan G $1,490,000 Old Republic Title Company
Demilio Carl $1,235,000 Old Republic Title Company
Bournazos Bill J $340,000 First American Title Co
Cooper Fowler Arlene Evelyn -- First American Title Co
Cooper Arlene Evelyn -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Mark C $1,462,456
Closed Jennifer And Mark Lee Family Trust $150,000
Previous Owner Lee Kenneth C $1,000,000
Previous Owner Macgregor Stuart J $207,000
Previous Owner Macgregor Stuart J $600,000
Previous Owner Harvey Alan G $1,000,000
Previous Owner Demilio Carl $500,000
Previous Owner Bournazos Bill J $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $2,720,000 +8.9% $1,308 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $2,498,000 -- $1,201 / 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 $33,635 $3,034,207 $2,231,036 $803,171
2023 $33,635 $2,916,387 $2,144,403 $771,984
2022 $32,431 $2,859,204 $2,102,356 $756,848
2021 $32,478 $2,803,142 $2,061,134 $742,008
2020 $31,802 $2,774,400 $2,040,000 $734,400
2019 $21,786 $1,895,626 $947,813 $947,813
2018 $21,370 $1,858,458 $929,229 $929,229
2017 $21,212 $1,822,018 $911,009 $911,009
2016 $20,432 $1,786,294 $893,147 $893,147
2015 $20,341 $1,759,464 $879,732 $879,732
2014 $20,044 $1,725,000 $862,500 $862,500
Source: Public Records

Agents Affiliated with this Home

  • Caroline Huo

    Seller's Agent in 2019

    Caroline Huo

    KW Advisors

    (650) 558-6846

    2 in this area

    109 Total Sales

    Caroline Huo
    Section Image

  • C

    Buyer's Agent in 2019

    Cameron McIntosh

    KW Advisors

    Section Image
  • Heidi Maierhofer

    Buyer Co-Listing Agent in 2019

    Heidi Maierhofer

    KW Advisors

    (650) 281-3601

    36 Total Sales

    Heidi Maierhofer
    Section Image
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Map

Source: MLSListings

MLS Number: ML81751372

MLSListings

APN: 029-044-230

California San Mateo County Burlingame 94010 Burlingame Terrace

716 Acacia Dr, Burlingame, CA

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