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1457 Cortez Avenue

1457 Cortez Avenue, Burlingame, CA 94010
Property in Easton Addition
Sold Mar 22, 2021
$2,480,000
$1,860,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
1457 Cortez Avenue in Burlingame, CA was first built in 1928 and is 96 years old. This has been categorized as a residential property type. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1457 Cortez Avenue has 1,580 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 480 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,760 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. 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. The property was last sold in Mar 10, 2021 for $2,480,000. That's $1,569.62 per sqft. 1457 Cortez Avenue was last assessed in 2022. The total value of the property was assessed at $2,529,600. Specifically, the land the property is located on was valued at $1,581,000. While improvements on the property were assessed at a total of $948,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $28,796. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,760
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTON ADD BURLINGAME NO 4
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLOCK 48 EASTON ADD BURLINGAME NO 4 RSM A/45

Ownership

  • Current Owner : LUO WEI
  • Current Owner 2: ZHANG YUQI
  • Previous Owner : VERBELLI SYLVIA R
  • Previous Owner 2: VERBELLI ERNEST LOPEZ
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605200

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-E1
  • Parcel: 026-041-060
  • Block: 48
  • Lot: 6
  • Latitude: 37.5871
  • Longitude: -122.376

    Address

  • Full Address: 1457 Cortez Ave
  • Address - House Number: 1457
  • Address - Street Name: Cortez
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Burlingame
  • Carrier Code: C029
  • 4-Digit Zip Code: 4710
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,796
  • Tax Rate Code Area: 04-001

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,745,034
  • High Value: 3,338,822
  • Low Value: 2,151,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,860,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,860,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,529,600
  • Assessed Land Value: $1,581,000
  • Assessed Improvements Value: $948,600

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11831344032
  • Current Sale Price: $2,480,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-045932

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $1,860,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Easton Addition



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Frequently Asked Questions

What neighborhood is 1457 Cortez Avenue located in?
The 1457 Cortez Avenue is a located in the neighborhood of Easton Addition in Easton Addition, Burlingame.
What is the average sales price for listings in 1457 Cortez Avenue?
The average sales price for units in 1457 Cortez Avenue is $0 currently.

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