1260 Drake Avenue

1260 Drake Avenue in Burlingame, CA was first built in 1941 and is 83 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1260 Drake Avenue has 1,550 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 390 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1260 Drake Avenue was last sold in May 18, 2021 for $2,480,000. According to our calculations, that's $1,600.00 per sqft. Current property owners are expected to pay $28,812 in taxes per year. The property on 1260 Drake Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,529,600. To break that down further, the land itself was valued at $2,050,200. While improvements to the property were assessed at a total of $479,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.