1515 Hillside Dr, Burlingame
Short Sale
Days on market: 159
5 bed/3 full bath
2300sqft/lot 6000sf
$ 1,195,000
Listing agent: Liz Tabet/Alain Pinel Realtors

Requirements for the one time only tax base transfer for Proposition 90 are:
Homeowner/spouse must be 55 or older
Replacement residence must be equal, or less than residence sold
Replacement property must be purchased, within two years after the sale of original property

San Mateo, Santa Clara and Alameda County are the only counties in the Bay Area that have adopted the Prop.90 ordinance. For complete information on the inter-county tax transfer please contact the respective assessor’s office:
Alameda 510.272.3787
San Mateo 650.363.4500
Santa Clara 408.299.2401

                                                                                                                1904 Notre Dame Ave in Belmont sold with 5 offers.
Asking price $ 799,000,
3bedrooms/2bath,1390sqft
Days on market: 8
Listed by Haifa Khoury
haifa@haifakhoury.com

2212 Hillside Dr, Burlingame
If you like a lot of natural light and are looking for green construction, this house at 2212 Hillside Drive in Burlingame  is a must see. With so many windows in this newly constructed home, you do not need the lights on at any time of the day. Listed by Leah Noher and Victor Aenlle/Coldwell Banker, more info @ www.2212hillsidedrive.com.   4 bedrooms/3.5 bath 3714sqft offered for $ 2,625,000.

This property at 2805 Adeline Drive in Burlingame is probably the next tear down in town. Located on the corner of Alvarado and Adeline, right across from the Kohl Mansion. The house was found unsafe by the county of San Mateo a while back. Neighbors are not looking forward to a construction site, but are in agreement that anything is better than this picture. Look for the FOR SALE sign to go up soon. The lot is 100×101 as per county records.

It’s spring time and we sometimes forget that the magnificent Filoli Gardens  are just minutes away. Located on a 654 – acre estate in Woodside, a visit in the spring is a must.  18 minutes from Burlingame,  the estate is easy to reach from Hwy 280. For directions and hours go to: www.filoli.org . I took these pictures of my favorite settings on a recent visit: daffodil fields , tulips and weeping japanese cherry tree  .

Last week I wrote about the house for sale at 26 La Strada Ct in Burlingame that had been listed for $ 999,999 which I felt was a rather low price for that property. On March 25th the listing was canceled, re-listed for $ 1,880,000 and showed as a pending sale all in one day. What caught my eye today is the substantial price reduction for 707 Walnut Ave, Burlingame 4 bed/3 bath, from  $ 1,485,000 to $ 1,199,000 which is stated as being the starting bid price. Wanut Ave is a very desirable location and I think that the agent Stanley Lo/Green Banker, 650.692.4459 will get the desired attention. The house has 2700 sqft of living space and and is located on a large 11,000sf lot.

Two homes in Burlingame caught my eye yesterday during the broker’s tour. Both are rather large homes for Burlingame but the price difference is close to $ 900,000. 2716 Arguello Ave , Burlingame a 4 bedroom/3.5 bathroom, 3650 sqft of living space home with an incredible view  and a flat backyard, priced at $ 1,888,888, listed by Laura Bryant/Cashin lbryant@cashin.com and 26 La Strada Court, Burlingame a 5 bedroom/4+bathroom, 4350sqft of living space home priced at $ 999,999 listed by Stanley Lo/Green Banker 650.692.4459. The home on La Strada Court was listed for $ 1,888,000 a year agon, reduced to $ 1,699,000 and taken off market by June 2009. Obviously the seller is now highly motivated but listing this property for under 1 Million? Every realtor in town was checking out this home on tour yesterday. Houses in this gated community were completed in 2000 and are considered luxury homes. Stay tuned to find out what these homes end up selling for…

I am proudly presenting my new listing  at 112 Madison Ave. #204 in San Mateo, CA 94402. This top floor/1200 sqft end unit in a small 20 unit building will appeal to first time buyers and buyers who are downsizing alike.

The kitchen has been up-grated with granite counter tops and high end stainless steel appliances. Everything has been painted and the new carpet was just installed last week. The building has an elevator and the unit has laundry hook ups for a full size washer/dryer. The underground garage offers secure parking. A rather large balcony faces a lovely, very quiet backyard. We hope you will visit us this weekend January 30/31 between 1-4PM. More pictures can be seen www.chrismolnarhome.com

The property at 2220 Summit Dr, Burlingame, CA 94010  is offered for $ 7,500,000. This building was used as a church/school facility. Most of the activity had been seen when meetings were held here on weekends. However this used to be Burlingame’s Hoover Elementary School. Located on 6.26 acres in a residental neighborhood, this property is currently being considered by the Burlingame Elementary School District for the use of future offices or an additional elementary school. I would image that property owners in this quiet neighborhood have an opinion about that.  The Burlingame planning department most likely will require a traffic study. For further informatiom please contact listing agent Harvey Liu/Coldwell Banker hliu@cbnorcal.com 650-888-8698