Burlingame Mansions That Will Barely Break Even
Burlingame doesn’t have that many troubled properties, but I have been seeing quite a few mansions that would fetch less than their last sale prices if you account for a 6% sale cost. Here is a list of these high end properties:
1816 MONTECITO Way Burlingame, CA 94010
Current Price: $1,888,000
If sold with a cost of 6%: $1,774,720
Last sale price: Jul 11, 2007 $1,775,000
1101 CORTEZ Ave Burlingame, CA 94010
Current Price: $1,399,000
If sold with cost of 6%: $1,315,060
Last sale price: Oct 31, 2006 $1,350,000
128 CHANNING Rd Burlingame, CA 94010
Current Price: $1,595,000
If sold with cost of 6%: $1,499,300
Last sale price: Jun 17, 2005 $1,499,000
1017 BALBOA Ave Burlingame, CA 94010
Current price: $2,595,000
If sold with cost of 6%: $2,439,300
Last sale price: May 25, 2007 $2,440,000
2940 TROUSDALE Dr Burlingame, CA 94010
Current price: $1,388,000
If sold with cost of 6%: $1,304,720
Last sale price: Mar 16, 2005 $1,320,000
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My Montecito property could barely breakeven forget closing costs