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324 Burlingame Avenue

324 Burlingame Avenue, Burlingame, CA 94010
Sold Nov 23, 2020
$2,400,000
$300,000 by First Republic Bank
Mortgage Due Feb 26, 2047
Sold Jul 17, 2003
$980,000
$580,000 by Washington Mutual Bank Fa
Mortgage Due Aug 01, 2033
324 Burlingame Avenue has been categorized by the local assessors in Burlingame, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 324 Burlingame Avenue has 2,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 500 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 324 Burlingame Avenue was last sold in Nov 17, 2020 for $2,400,000. According to our calculations, that's $937.50 per sqft. Prior to that sales transaction, the property was sold for $980,000 in Jul 11, 2003. Current property owners are expected to pay $27,780 in taxes per year. The property on 324 Burlingame Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,448,000. To break that down further, the land itself was valued at $1,836,000. While improvements to the property were assessed at a total of $612,000. 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. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 500
  • Garage Type: Underground/basement
  • Garage Square Area: 500
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURLINGABLES MAP NO 2
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 BLOCK 21 BURLINGABLES MAP NO 2 RSM 20/55 56 CITY OF BURLINGAME

Ownership

  • Current Owner : CEREMSAK KATHERINE ANN
  • Current Owner 2: SEABOLT ALDEN TAYLOR
  • Previous Owner : MCDONALD KARI L
  • Previous Owner 2: THE MCDONALD LIVING TRUST
  • Owner Before Previous Owner: CAPOBIANCO ANTHONY
  • Owner Before Previous Owner 2: CAPOBIANCO AIMEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605400

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 29-B2
  • Parcel: 029-193-140
  • Block: 21
  • Lot: 17
  • Latitude: 37.5852
  • Longitude: -122.338

    Address

  • Full Address: 324 Burlingame Ave
  • Address - House Number: 324
  • Address - Street Name: Burlingame
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Burlingame
  • Carrier Code: C021
  • 4-Digit Zip Code: 2848
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,780
  • Tax Rate Code Area: 04-001

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 2,621,025
  • High Value: 3,202,013
  • Low Value: 2,040,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,448,000
  • Assessed Land Value: $1,836,000
  • Assessed Improvements Value: $612,000

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11808038388
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-133034
  • Previous Sale Recording Date: Jul 17, 2003
  • Previous Sale Contract Date: Jul 11, 2003
  • Previous Sale Amount: $980,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jul 17, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $580,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Oak Grove Manor



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Frequently Asked Questions

What neighborhood is 324 Burlingame Avenue located in?
The 324 Burlingame Avenue is a house located in the neighborhood of Oak Grove Manor in Oak Grove Manor, Burlingame.
What is the average sales price for listings in 324 Burlingame Avenue?
The average sales price for units in 324 Burlingame Avenue is $0 currently.

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