1025 TOYON Dr Burlingame, CA 94010
1025 TOYON Dr Burlingame, CA 94010
Price: $649,900
| Beds: | 3 |
| Baths: | 2 |
| Sq. Ft.: | 1,970 |
| $/Sq. Ft.: | $330 |
| Lot Size: | 6,400 Sq. Ft. |
| Age (Years): | 62 |
| Year Built: | 1946 |
| Type: | Detached Single Family |
Last sale: Jun 24, 2008 $935,420
Loss if sold for asking: $285520 or 30.5%
This home is from a tip by reader Carina. She says “Just wanted you to know, 1025 Toyon, a bank owned property, just came on the market today at $649K. Its a nice size, 3/2 at almost 2000 sq ft, but it is right across the street from the train tracks.” This is indeed a nice sized house in Burlingame. It’s kind of odd that the bank took it back for $935k when the assessed value is only $700k or so. I guess someone went crazy on the cash out refinances. Thanks for your tip Carina!
August 7, 2008 | Filed Under City of Burlingame, Dollar Loss: $200k to $300k, Foreclosure or Shortsale, Last sale in 2008, Listing in 08/2008, Loss: 30 to 40%, Price: 600000 to 800000, Sqft: 1500 to 2000
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2 Responses to “1025 TOYON Dr Burlingame, CA 94010”
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Offers
Its strange… this home is no longer on MLS. An offer was accepted and status changed to Pending do NOT show after the first open house. A contractor must have purchased this home – it needs a TON of work. Here are the links:
NO LONGER ACTIVE: http://www.redfin.com/CA/Burlingame/1025-Toyon-Dr-94010/home/2014036
Site of listing agent: http://marktauber.com/MyListings?operation=Details&listing_id=1216765497&ls=REIL
Anyway, I think its interesting that it went into Pending Do Not Show so quickly given that it was in such poor condition. It will be interesting to see what the final sale price is.
Hello again.
So 1025 Toyon sold for $755,000. Whoever bought it is working on it now. I just drove by and it looks like they are digging up something… pipes, electrical lines.. who knows. The interior needs a lot of work too….
But, if someone has the cash to fix it up and live in it or sell it for more, good for them. Except for being right next to the train tracks, its a great location.