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1661 Albemarle Way

1661 Albemarle Way, Burlingame, CA 94010
Property in Ray Park
Sold Apr 26, 2002
$665,000
$729,000 by Citimortgage Inc
Mortgage Due Mar 01, 2026
Sold Feb 26, 1999
$450,000
$360,000 by Americas Wholesale Lndr
Mortgage Due Mar 01, 2029
Local assessors in Burlingame, CA have categorized 1661 Albemarle Way as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,050 square feet. The linear feet between the front and back of the lot was measured at 1,010 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1661 Albemarle Way has a total of 2,150 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Apr 17, 2002 for $665,000. That's $309.30 per sqft. Prior to that sales transaction, the property was also sold in Feb 18, 1999 for $450,000. 1661 Albemarle Way was last assessed in 2022. The total value of the property was assessed at $1,162,146. Specifically, the land the property is located on was valued at $462,860. While improvements on the property were assessed at a total of $699,286. 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 $13,457. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,050
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAY PARK
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 32 BLOCK 4 RAY PARK RSM 23/45 46 47 48

Ownership

  • Current Owner : LEUNG JOHN K
  • Current Owner 2: LEUNG CAROLYN B
  • Previous Owner : MCCUSKER ANTHONY J
  • Previous Owner 2: MCCUSKER CAROLYN L
  • Owner Before Previous Owner: IBRAHIM MAHA S
  • Owner Before Previous Owner 2: IBRAHIM MAYA S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-D1
  • Parcel: 025-205-020
  • Block: 4
  • Lot: 32
  • Latitude: 37.5916
  • Longitude: -122.381

    Address

  • Full Address: 1661 Albemarle Way
  • Address - House Number: 1661
  • Address - Street Name: Albemarle
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Burlingame
  • Carrier Code: C034
  • 4-Digit Zip Code: 4659
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,457
  • Tax Rate Code Area: 04-002

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,550,979
  • High Value: 3,098,436
  • Low Value: 2,003,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $729,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 23, 2011
  • First Open Lien Mortgage Loan Amount: $729,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2026

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,162,146
  • Assessed Land Value: $462,860
  • Assessed Improvements Value: $699,286

    Sales

  • Current Sale Contract Date: Apr 17, 2002
  • Current Sale Recording Date: Apr 26, 2002
  • Current Sale Transaction ID: 1057343294
  • Current Sale Price: $665,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2002081615
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Contract Date: Feb 18, 1999
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Apr 26, 2002
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Feb 26, 1999
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2029

About Ray Park



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Frequently Asked Questions

What neighborhood is 1661 Albemarle Way located in?
The 1661 Albemarle Way is a located in the neighborhood of Ray Park in Ray Park, Burlingame.
What is the average sales price for listings in 1661 Albemarle Way?
The average sales price for units in 1661 Albemarle Way is $0 currently.

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