NOT LISTED FOR SALE

10 Arroyo Seco Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,591,000 - $3,096,000

4 Beds
3 Baths
2,991 Sq Ft
$941/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $2,500,000 $836 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,192/month

51 Days on Market

Highlights

  • Family Room with Fireplace
  • Breakfast Room
  • Eat-In Kitchen
  • Meadows Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry in Utility Room

About This Home

As of August 2022

Every now and again, a truly remarkable opportunity presents itself. Welcome to 10 Arroyo Seco, a spectacular new offering in one of Millbrae's most sought after neighborhoods.. Architecturally crafted down to studs remodel in 2008 to maximize the warm-natural light & strategically situated on an oversized tree-shrouded lot, the Arroyo Seco home is one home you will not want to miss! Featuring soaring vaulted ceilings, walls of glass, multiple skylights, a stunning gourmet kitchen, a dedicated family/media room, remodeled bathrooms & much more. The floor-plan is incredible with space for an at-home office, perfect for multi-generational needs & a wonderful fit for those who love to entertain. The yards are exceptional with undeniable curb appeal, great outdoor living space and plenty of room for both the young and the young at heart. Close to Millbrae's highly regarded public schools, downtown Millbrae, SF International Airport, exceptional shopping & multiple transportation options.

Last Agent to Sell the Property

Stephen Marshall

Christie's International Real Estate Sereno License #01487186 Listed on: 05/18/2022

Christie's International Real Estate Sereno

Co-Listed By

Philip Watson

Christie's International Real Estate Sereno License #00605221

Last Buyer's Agent

Frank Cooke

Corcoran Icon Properties License #00902691

Corcoran Icon Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,991 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Eat In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2991
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Rolling
  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 27, 2022
Sold by
Revocable Trust
Bought by
Ke Yi and Ke Amy
Seller's Agent
Stephen Marshall
Christie's International Real Estate Sereno
Buyer's Agent
Frank Cooke
Corcoran Icon Properties
List Price
$2,788,000
Sold Price
$2,500,000
Premium/Discount to List
-$288,000
-10.33%
Current Estimated Value
$2,815,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,686
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,940,000
Outstanding Balance
$1,830,124
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$985,562

Purchase Details

Closed on
Nov 18, 2021
Sold by
Pelzner Lawrence E
Bought by
Pelzner David M

Purchase Details

Closed on
Aug 29, 2008
Sold by
Pelzner Lawrence E
Bought by
Pelzner Lawrence E

Purchase Details

Closed on
Aug 5, 2005
Sold by
Nguyen Kim and Nguyen Becky
Bought by
Pelzner Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2005
Sold by
Nguyen Kim
Bought by
Nguyen Kim and Nguyen Becky

Purchase Details

Closed on
Feb 10, 2003
Sold by
Nguyen Becky
Bought by
Nguyen Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.89%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Code Richard C and Code Jean A
Bought by
Nguyen Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 4, 1994
Sold by
Code Richard C and Code Jean A
Bought by
Code Richard C and Code Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ke Yi $2,500,000 Lawyers Title
Pelzner David M -- --
Pelzner Lawrence E -- None Available
Pelzner Lawrence E $910,000 Old Republic Title Company
Nguyen Kim -- --
Nguyen Kim -- Commonwealth Land Title Ins
Nguyen Kim $705,000 Fidelity National Title Co
Code Richard C -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ke Yi $1,940,000
Previous Owner Pelzner Lawrence E $242,500
Previous Owner Pelzner Lawrence E $440,000
Previous Owner Nguyen Kim $555,000
Previous Owner Nguyen Kim $555,000
Previous Owner Code Richard C $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $2,500,000 +0.1% $836 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $2,498,000 -10.4% $835 / Sq Ft
05/18/2022 05/18/22 For Sale $2,788,000 -- $932 / 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 $29,806 $2,601,000 $1,602,216 $998,784
2023 $29,806 $2,300,000 $1,417,000 $883,000
2022 $27,555 $2,450,000 $1,600,000 $850,000
2021 $15,771 $1,385,504 $574,439 $811,065
2020 $15,512 $1,371,298 $568,549 $802,749
2019 $15,142 $1,344,410 $557,401 $787,009
2018 $14,842 $1,318,050 $546,472 $771,578
2017 $14,525 $1,292,207 $535,757 $756,450
2016 $14,339 $1,266,870 $525,252 $741,618
2015 $14,240 $1,247,842 $517,363 $730,479
2014 $11,397 $1,000,000 $414,500 $585,500
Source: Public Records

Agents Affiliated with this Home

  • Stephen Marshall

    Seller's Agent in 2022

    Stephen Marshall

    Sereno Group

    (650) 455-1528

    3 in this area

    124 Total Sales

    Stephen Marshall
    Section Image
  • Philip Watson

    Seller Co-Listing Agent in 2022

    Philip Watson

    Sereno Group

    (650) 274-5187

    1 in this area

    156 Total Sales

    Philip Watson
    Section Image
  • Frank Cooke

    Buyer's Agent in 2022

    Frank Cooke

    Corcoran Icon Properties

    (650) 465-4779

    1 in this area

    14 Total Sales

    Frank Cooke
    Section Image
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Map

Source: MLSListings

MLS Number: ML81892272

MLSListings

APN: 024-021-430

California San Mateo County Millbrae 94030 Highlands

10 Arroyo Seco, Millbrae, CA

Not Listed for Sale

Detached

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