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1137 Paloma Avenue E, Burlingame, California 94010, Burlingame, 94010 - 1 bed, 2 bath

1137 Paloma Avenue E, Burlingame, California 94010 home-pic-0
ACTIVE$850,000
1137 Paloma Avenue E, Burlingame, California 94010
1Bed
2Baths
1,045Sqft
Lot

Price Vs. Estimate

The estimated value ($958,711.74) is $108,711.74 (4%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Burlingame Location: The property boasts a highly desirable location, just minutes from Burlingame Avenue, offering convenient access to fresh markets and coffee shops.
Top Cons:
Limited Bedroom Count & Compact Size: With only one bedroom and 1045 sqft, the property's size and layout may significantly limit the potential buyer pool, especially for families or those requiring more space.

Compared to the nearby listings

Price:$850.0K vs avg $1.25M ($-400,000)14%
Size:1,045 sqft vs avg 1,593 sqft14%
Price/sqft:$813 vs avg $78557%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old, falling within the 'good' category's 10-20 year age range. The description highlights 'modern comforts,' 'hardwood floors throughout,' and 'freshly painted kitchen and bathroom cupboards,' indicating recent cosmetic updates. The kitchen features stainless steel appliances, granite countertops, and updated cabinet hardware, making it functional and move-in ready. While the granite countertops are typical of its build era and not cutting-edge, they are well-maintained. The bathrooms also benefit from freshly painted cupboards and appear clean and functional. The bedroom carpet shows some minor wear but does not necessitate immediate replacement. Overall, the property is well-maintained with functional systems and requires no immediate renovations, aligning perfectly with a 'good' condition score.
Year Built
2007
Close
-
List price
$850K
Original List price
$1,000K
Price/Sqft
$813
HOA
$405
Days on market
-
Sold On
-
MLS number
ML82022849
Home ConditionGood
Features
Patio
View-

About this home

Discover Mediterranean-inspired living in the heart of Burlingame. This Spanish villastyle townhome blends timeless architecture with modern comforts, offering the perfect balance of character and convenience. Inside, abundant natural light fills the home from sunrise to sunset. The entertainers layout spans multiple levels, with a flexible second floor ideal for small gatherings and a top floor that can host or retreat in equal measure. Freshly painted kitchen and bathroom cupboards add a clean, elevated feel, while hardwood floors throughout enhance the homes warmth and charm. Step outside to enjoy two private patios perfect for morning coffee, an al fresco breakfast, or unwinding at the end of the day. Everyday comforts include central heating, in-unit laundry, generous storage with multiple walk-in closets, and a private one-car garage with additional guest parking. The location is a true highlight. Just minutes from Burlingame Avenue, youll find fresh markets and coffee shops.

Nearby schools

7/10
Roosevelt Elementary School
Public,•K-5•0.4mi
8/10
McKinley Elementary School
Public,•K-5•0.6mi
8/10
Burlingame Intermediate School
Public,•6-8•1.2mi
9/10
Burlingame High School
Public,•9-12•0.9mi
Condition Rating
Good
Built in 2007, this property is 17 years old, falling within the 'good' category's 10-20 year age range. The description highlights 'modern comforts,' 'hardwood floors throughout,' and 'freshly painted kitchen and bathroom cupboards,' indicating recent cosmetic updates. The kitchen features stainless steel appliances, granite countertops, and updated cabinet hardware, making it functional and move-in ready. While the granite countertops are typical of its build era and not cutting-edge, they are well-maintained. The bathrooms also benefit from freshly painted cupboards and appear clean and functional. The bedroom carpet shows some minor wear but does not necessitate immediate replacement. Overall, the property is well-maintained with functional systems and requires no immediate renovations, aligning perfectly with a 'good' condition score.
Pros & Cons

Pros

Prime Burlingame Location: The property boasts a highly desirable location, just minutes from Burlingame Avenue, offering convenient access to fresh markets and coffee shops.
Modern & Appealing Interior Features: The home features hardwood floors throughout, freshly painted kitchen and bathroom cupboards, and abundant natural light, enhancing its modern appeal and comfort.
Excellent Amenities & Storage: Key amenities include central heating, in-unit laundry, generous storage with multiple walk-in closets, and a private one-car garage with additional guest parking.
Private Outdoor Spaces: Two private patios provide valuable outdoor living areas, perfect for morning coffee, al fresco dining, or unwinding.
Strong School Ratings: The property is situated within a district served by highly-rated public schools, including elementary, middle, and high schools.

Cons

Limited Bedroom Count & Compact Size: With only one bedroom and 1045 sqft, the property's size and layout may significantly limit the potential buyer pool, especially for families or those requiring more space.
High Monthly Association Fees: A monthly association fee of $405 adds a substantial recurring cost to homeownership, which could impact affordability for some buyers.
History of Significant Price Reductions: Multiple substantial price drops from the original listing price may indicate initial overpricing or challenges in market perception, potentially raising buyer concerns about value.

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