NOT LISTED FOR SALE

Estimated Value: $2,109,000 - $2,240,000

3 Beds
2 Baths
1,370 Sq Ft
$1,566/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $1,680,000 $1,226 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,970/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • 2 Car Attached Garage
  • Meadows Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of June 2018

This beautiful family home is located on a corner lot in the sought after Millbrae Meadows. Upon formal entry, the stunning parquet hardwood floors lead you right to the spacious living/dining room. The striking blue brick fireplace that is brilliantly situated between the two large front windows, which allow an amazing amount of natural light to flood the main living space. The updated eat-in kitchen includes plenty of cabinet and counter space with a warm view and access to the classic American backyard. Opposite is the bedroom wing which provides comfort and solitude from the rest of the home. The Large 2-car garage has interior access, dual automatic doors and ample storage and laundry space. Dual pane windows throughout, plus a newer roof that is equipped with light tunnels, saving on electricity and adding natural light. 280 is close to drive but far away from the noise while downtown Millbrae is just down the hill. This quite yet convenient family home is inviting you to visit.

Last Agent to Sell the Property

Alan Canas

Coldwell Banker Realty License #01793936 Listed on: 05/10/2018

Last Buyer's Agent

Raymond Ong

RWC Property Services, Inc. License #01113341

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 6,460 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 021-052-010

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1370
  • Year Built: 1956
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 1370
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Wood
  • Property Faces: Northeast
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • High School: 659

Lot Info

  • Parcel Number: 021-052-010
  • Lot Acres: 0.1483
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6461.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6461.00

Green Features

  • Energy Features: Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 11, 2018
Sold by
Cao Tim Christopher and Cao Lauren Roselee
Bought by
Chen Lin I and Chen Yi Ling
Seller's Agent
Alan Canas
Coldwell Banker Realty
Buyer's Agent
Raymond Ong
RWC Property Services, Inc.
List Price
$1,488,000
Sold Price
$1,680,000
Premium/Discount to List
$192,000
12.9%
Current Estimated Value
$2,145,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,540
Avg. Annual Appreciation
3.27%
Original Mortgage
$1,260,000
Outstanding Balance
$1,083,483
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,062,057

Purchase Details

Closed on
Aug 10, 2017
Sold by
Cao Tim C and Cao Lauren R
Bought by
Cao Tim Christopher and Cao Lauren Roselee

Purchase Details

Listed on
Jan 15, 2016
Closed on
Dec 30, 2015
Sold by
Mehan Rose M
Bought by
Cao Tim C and Cao Lauren R
Seller's Agent
Jeff LaMont
Coldwell Banker Realty
Buyer's Agent
Alan Canas
Golden Gate Sotheby's International Realty
List Price
$1,130,000
Sold Price
$1,308,000
Premium/Discount to List
$178,000
15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$915,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2005
Sold by
Mehan Rose M
Bought by
Mehan Rose M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Lin I $1,680,000 Fidelity National Title Co
Cao Tim Christopher -- None Available
Cao Tim C $1,308,000 First American Title Company
Mehan Rose M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lin I $1,260,000
Previous Owner Cao Tim C $915,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2018 06/12/18 Sold $1,680,000 +12.9% $1,226 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $1,488,000 +13.8% $1,086 / Sq Ft
01/15/2016 01/15/16 Sold $1,308,000 +15.8% $955 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $1,130,000 -- $825 / 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 $22,347 $1,911,547 $1,336,946 $574,601
2023 $22,347 $1,837,322 $1,285,032 $552,290
2022 $20,266 $1,801,297 $1,259,836 $541,461
2021 $20,035 $1,765,979 $1,235,134 $530,845
2020 $19,705 $1,747,872 $1,222,470 $525,402
2019 $19,233 $1,713,600 $1,198,500 $515,100
2018 $15,393 $1,360,842 $680,421 $680,421
2017 $15,070 $1,334,160 $667,080 $667,080
2016 $1,405 $113,457 $31,052 $82,405
2015 $1,395 $111,754 $30,586 $81,168
2014 $1,366 $109,566 $29,987 $79,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81704996

MLSListings

APN: 021-052-010