NOT LISTED FOR SALE

1221 Lake St Millbrae, CA 94030

Mills Estates Neighborhood

Estimated Value: $3,040,000 - $4,255,000

3 Beds
3 Baths
1,600 Sq Ft
$2,296/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Dining Area
  • Spring Valley Elementary School Rated A-
  • Washer and Dryer

About This Home

As of November 2023

Spacious ground floor unit located in prime Mills Estate. This open concept combines living, dining and kitchen areas. Features include view from dining/living area, hardwood flooring, granite countertop and stainless steel appliances. Large Master suite with custom close organizer, and bathroom with jetted tub and walk in shower. A junior suite with its full bath is a plus. The home is secured by the gated entrance and plenty of street parking.

Last Agent to Rent the Property

Peggy Chau

eXp Realty of California Inc License #00911428 Listed on: 10/21/2023

eXp Realty of California Inc

Last Renter's Agent

Peggy Chau

eXp Realty of California Inc License #00911428 Listed on: 10/21/2023

eXp Realty of California Inc

Property Details

Home Type

  • Apartment

Year Built

  • 1976

Lot Details

  • 0.37

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Forced Air Heating System

Community Details

Listing and Financial Details

  • Security Deposit $4,100
  • Property Available on 10/21/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Property Details

Home Type

Apartment

Year Built

1976

Lot Details

0

Rental Info

  • Available: 10/21/2023
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 4100

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Refrigerator
  • Living Sq Ft: 1600
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Garage/Parking

  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Sep 27, 2023
Sold by
Zheng Yujuan and Chen Yuhao
Bought by
Zheng Yujuan
Seller's Agent
Peggy Chau
eXp Realty of California Inc
Buyer's Agent
Peggy Chau
eXp Realty of California Inc
Sold Price
$4,050
Views
22
Current Estimated Value
$3,673,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,669,808

Purchase Details

Closed on
Sep 25, 2017
Sold by
Chen Jiawei and Zheng Yujuan
Bought by
Zheng Yujuan and Chen Yuhao

Purchase Details

Closed on
Jun 30, 2017
Sold by
Pan Chun Juan and Pan Zhi Cong
Bought by
Chen Jia Wei and Zheng Yu Juan

Purchase Details

Closed on
Jan 4, 2007
Sold by
Baccei Ronald B
Bought by
Pan Zhi Cong and Pan Chun Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Pucci Eda O
Bought by
Pucci Eda O

Purchase Details

Closed on
Jun 6, 1995
Sold by
Pucci Armando and Pucci Eda O
Bought by
Pucci Armando and Pucci Eda O
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
Zheng Yujuan -- None Listed On Document
Zheng Yujuan -- None Available
Chen Jia Wei $1,000,000 Fidelity National Title Co
Pan Zhi Cong $1,501,500 Stewart Title Of California
Pucci Eda O -- --
Pucci Armando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Zhi Cong $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Rented $4,050 -1.2% --
11/06/2023 11/06/23 Under Contract -- -- --
10/21/2023 10/21/23 For Rent $4,100 +6.5% --
09/16/2021 09/16/21 Rented $3,850 -3.8% --
09/15/2021 09/15/21 Under Contract -- -- --
08/12/2021 08/12/21 For Rent $4,000 -- --
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 $29,307 $2,544,834 $1,429,317 $1,115,517
2023 $29,307 $2,415,848 $1,358,300 $1,057,548
2022 $26,571 $2,368,479 $1,331,667 $1,036,812
2021 $26,268 $2,322,040 $1,305,557 $1,016,483
2020 $25,833 $2,298,232 $1,292,171 $1,006,061
2019 $25,212 $2,253,170 $1,266,835 $986,335
2018 $24,710 $2,208,992 $1,241,996 $966,996
2017 $19,434 $1,733,334 $866,667 $866,667
2016 $19,189 $1,699,348 $849,674 $849,674
2015 $19,056 $1,673,824 $836,912 $836,912
2014 $17,030 $1,500,000 $750,000 $750,000
Source: Public Records

Agents Affiliated with this Home

  • Peggy Chau

    Landlord's Agent in 2023

    Peggy Chau

    eXp Realty of California Inc

    (650) 678-6637

    1 in this area

    37 Total Sales

    Peggy Chau
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Map

Source: MLSListings

MLS Number: ML81945819

MLSListings

APN: 024-242-300

California San Mateo County Millbrae 94030 Mills Estates

1221 Lake St, Millbrae, CA

Not Listed for Sale

MultiFamily

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