NOT LISTED FOR SALE

Estimated Value: $3,428,000 - $4,307,000

5 Beds
3.5 Baths
4,400 Sq Ft
$851/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $3,442,000 $782 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,206/month

14 Days on Market

Highlights

  • Spa
  • Solar Power System
  • Skyline View
  • Spring Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • 0.32 Acre Lot

About This Home

As of April 2024

Experience elegance, privacy and unbeatable bay views in this distinctive, custom-built 5 bed, 3.5 bath home with its impressive features and tranquil surroundings. Situated on a sprawling 13,950 sq ft lot, this unique masterpiece boasts 4,400 sq ft of luxuriously appointed living space. On the main level the gourmet kitchen, separate family room, formal dining room, and stunning living room with a cozy fireplace offer ample space for entertainment. The meticulously landscaped yards are ideal for outdoor relaxation and entertainment. The master suite features vaulted beamed ceilings, a romantic fireplace, a walk-in closet, and breathtaking bay views. With its detail-oriented in design, eco-friendly features, and enchanting backyard retreat, this residence embodies the perfect fusion of luxury, comfort, and tranquility in the heart of Millbrae. Come, immerse yourself in the warmth of this magnificent home which is more than just a house...it's a lifestyle, a sanctuary, and a place to create endless memories.

Last Agent to Sell the Property

Disen Cai

KW Advisors License #70010134 Listed on: 03/08/2024

KW Advisors

Last Buyer's Agent

Kaiyu Ren

Compass License #01800852

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,603

Year Built

  • Built in 1983

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Back Yard
  • Zoning described as R10000

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,400 Sq Ft Home
  • Skylights
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Skyline Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Soaking Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Spa
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 024-190-900

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,603

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 4400
  • Year Built: 1983
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Dishwasher, Freezer, Island, Microwave, Oven - Built-In, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 4400
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: In Garage, Washer / Dryer
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Primary - Sunken Tub, Skylight, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Pool Description: Spa / Hot Tub
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Deck, Fenced, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

Schools

  • School District: San Mateo Union High
  • Elementary School: Spring Valley Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 736
  • Middle School: 737

Lot Info

  • Parcel Number: 024-190-900
  • Lot Acres: 0.3202
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13950.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13950.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased, Solar Panels - Owned

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Spring Valley Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 18, 2024
Sold by
Kelly Family Trust and Lauer Amy Kelly
Bought by
Chen Haogang and Chen Jing Ze
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Kaiyu Ren
Compass
List Price
$3,488,000
Sold Price
$3,442,000
Premium/Discount to List
-$46,000
-1.32%
Views
59
Current Estimated Value
$3,745,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,118
Avg. Annual Appreciation
6.55%
Original Mortgage
$1,560,000
Outstanding Balance
$1,535,330
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,209,788

Purchase Details

Closed on
Dec 21, 2017
Sold by
Lauer Amy Kelly and Kelly Michael
Bought by
Lauer Amy Kelly and Kelly Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Lauer Amy
Bought by
Lauer Amy Kelly and Kelly Michael

Purchase Details

Closed on
Jul 10, 2012
Sold by
Lauer Amy
Bought by
Lauer Amy and The Amy Lauer 2007 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Mah Jean B and Wong Nira Mah
Bought by
Lauer Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Mah Bing Hong and Mah Jean B
Bought by
Mah Bing Hong and Mah Jean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1995
Sold by
Mah Bing Hong and Mah Jean B
Bought by
Bing Hong & Jean B Mah Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Haogang $3,442,000 First American Title
Lauer Amy Kelly -- None Available
Lauer Amy Kelly -- None Available
Lauer Amy -- Cornerstone Title Company
Lauer Amy $1,499,000 Cornerstone Title Company
Mah Bing Hong -- First American Title Company
Bing Hong & Jean B Mah Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Haogang $1,560,000
Previous Owner Kelly Family Trust $2,200,000
Previous Owner Kelly Family Trust $500,000
Previous Owner Kelly Family Trust $1,481,700
Previous Owner Lauer Amy Kelly $1,560,000
Previous Owner Lauer Amy $1,199,200
Previous Owner Mah Bing Hong $1,050,000
Previous Owner Mah Bing Hong $1,250,000
Previous Owner Mah Bing Hong $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $3,442,000 -1.3% $782 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $3,488,000 -- $793 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,603 $3,510,840 $2,116,500 $1,394,340
2023 $21,603 $1,774,224 $887,112 $887,112
2022 $19,645 $1,739,436 $869,718 $869,718
2021 $19,421 $1,705,330 $852,665 $852,665
2020 $19,103 $1,687,844 $843,922 $843,922
2019 $18,647 $1,654,750 $827,375 $827,375
2018 $18,277 $1,622,304 $811,152 $811,152
2017 $17,910 $1,590,496 $795,248 $795,248
2016 $17,685 $1,559,310 $779,655 $779,655
2015 $17,563 $1,535,888 $767,944 $767,944
2014 $17,161 $1,505,804 $752,902 $752,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956917

MLSListings

APN: 024-190-900