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1560 Albemarle Way

1560 Albemarle Way, Burlingame, CA 94010
Property in Ray Park
Sold Jul 30, 2021
$2,700,000
$1,500,000 by Greenbox Loans Inc
Mortgage Due Aug 01, 2051
Sold May 10, 2011
$1,100,000
$825,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2041
1560 Albemarle Way in Burlingame, CA was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1560 Albemarle Way has 3,617 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 600 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 7,200 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1560 Albemarle Way was last sold in Jul 28, 2021 for $2,700,000. According to our calculations, that's $746.47 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Apr 29, 2011. Current property owners are expected to pay $30,789 in taxes per year. The property on 1560 Albemarle Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,700,000. To break that down further, the land itself was valued at $1,600,000. While improvements to the property were assessed at a total of $1,100,000. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,617
  • Gross Building Area: 3,617
  • Building Area: 3,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAY PARK
  • Land Acres: 0.165
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 13 BLOCK 1 RAY PARK RSM 23/45 46 47 48

Ownership

  • Current Owner : MOK TRACY
  • Current Owner 2: YEUNG CONNIE S
  • Previous Owner : LEUNG ERIC T
  • Previous Owner 2: LEUNG CELESTE O
  • Owner Before Previous Owner: CHEN LI MING
  • Owner Before Previous Owner 2: WU EMILY SHAO FAN
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605000

Zoning

  • Zoning: R20000

Geography

  • Assessors Map Reference: 28-E1
  • Parcel: 025-228-020
  • Block: 1
  • Lot: 13
  • Latitude: 37.5905
  • Longitude: -122.378

    Address

  • Full Address: 1560 Albemarle Way
  • Address - House Number: 1560
  • Address - Street Name: Albemarle
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Burlingame
  • Carrier Code: C034
  • 4-Digit Zip Code: 4658
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,789
  • Tax Rate Code Area: 04-002

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,579,616
  • High Value: 3,087,735
  • Low Value: 2,071,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: GREENBOX LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,700,000
  • Assessed Land Value: $1,600,000
  • Assessed Improvements Value: $1,100,000

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11848019373
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-113107
  • Previous Sale Recording Date: May 10, 2011
  • Previous Sale Contract Date: Apr 29, 2011
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENBOX LOANS INC
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 10, 2011
  • Previous Mortgage Loan Amount: $825,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About Ray Park



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Frequently Asked Questions

What neighborhood is 1560 Albemarle Way located in?
The 1560 Albemarle Way is a located in the neighborhood of Ray Park in Ray Park, Burlingame.
What is the average sales price for listings in 1560 Albemarle Way?
The average sales price for units in 1560 Albemarle Way is $0 currently.

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