Check Availability

2761 Summit Drive

2761 Summit Drive, Burlingame, CA 94010
Property in Burlingame Hills
Sold Apr 16, 2021
$3,800,000
$2,660,000 by Us Bank Na
Mortgage Due May 01, 2051
Sold Jun 23, 2000
$1,100,000
$500,000 by Arboretum Mtg Corp
Mortgage Due Jul 01, 2030
2761 Summit Drive in Burlingame, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2761 Summit Drive has 2,175 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 900 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 11,250 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 285 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, 2761 Summit Drive was last sold in Apr 7, 2021 for $3,800,000. According to our calculations, that's $1,747.13 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Jun 21, 2000. Current property owners are expected to pay $44,019 in taxes per year. The property on 2761 Summit Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,876,000. To break that down further, the land itself was valued at $2,550,000. While improvements to the property were assessed at a total of $1,326,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • 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: 285
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,175
  • Gross Building Area: 2,175
  • Building Area: 2,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURLINGVIEW TERRACE
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 BURLINGVIEW TERRACE RSM 33/49 CITY OF BURLINGAME

Ownership

  • Current Owner : JIANG TAO
  • Current Owner 2: WU KUNYAN
  • Previous Owner : PRIESTLEY JAMES C
  • Previous Owner 2: PRIESTLEY JACQUELINE CAPS
  • Owner Before Previous Owner: YOUNG REINHARD J & BETTY V TRS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 28-D3
  • Parcel: 027-261-010
  • Lot: 1
  • Latitude: 37.5722
  • Longitude: -122.386

    Address

  • Full Address: 2761 Summit Dr
  • Address - House Number: 2761
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C022
  • 4-Digit Zip Code: 6042
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,019
  • Tax Rate Code Area: 04-001

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 4,036,201
  • High Value: 4,904,675
  • Low Value: 3,167,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,660,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,660,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,876,000
  • Assessed Land Value: $2,550,000
  • Assessed Improvements Value: $1,326,000

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11833903953
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-061135
  • Previous Sale Recording Date: Jun 23, 2000
  • Previous Sale Contract Date: Jun 21, 2000
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $2,660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ARBORETUM MTG CORP
  • Previous Mortgage Transaction Date: Jun 23, 2000
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2030

About Burlingame Hills



Similar Buildings

Property at 2761 Summit Drive,

2515 Poppy Drive

  • 1 Unit for Sale
2515 Poppy Drive, Burlingame, CA 94010
Property at 2761 Summit Drive,

1609 McDonald Way

  • 1 Unit for Sale
1609 McDonald Way, Burlingame, CA 94010
Property at 2761 Summit Drive,

762 Chateau Drive

  • 1 Unit for Sale
  • 2 Stories
762 Chateau Drive, Burlingame, CA 94010
Property at 2761 Summit Drive,

209 Castenada Drive

  • 1 Unit for Sale
  • 1 Story
209 Castenada Drive, Millbrae, CA 94030

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2761 Summit Drive located in?
The 2761 Summit Drive is a located in the neighborhood of Burlingame Hills in Burlingame Hills, Burlingame.
What is the average sales price for listings in 2761 Summit Drive?
The average sales price for units in 2761 Summit Drive is $0 currently.

Quantcast