Seller's Agent in 2024
Debbie Wilhelm
Coldwell Banker Realty
(650) 400-3111
2 in this area
166 Total Sales
1235 Lake St Millbrae, CA 94030
Mills Estates NeighborhoodEstimated Value: $3,274,000 - $3,907,000
4
Beds
3.5
Baths
3,750
Sq Ft
$955/Sq Ft
Est. Value
Highlights
- Bay View
- Primary Bedroom Suite
- Deck
- Spring Valley Elementary School Rated A-
- Fireplace in Primary Bedroom
- Marble Flooring
About This Home
As of April 2024This elevated estate home stands proudly overlooking the stunning views outstretching far beyond your wildest dreams. This exquisite home is a captivating time capsule of elegance and opulence. A stately staircase ascends to the front entry door revealing a breathtaking foyer with marvelous marble floors, towering ceilings, and a decadent staircase. A formal living room, dressed in its finest finishes, is a step down from the entry. An ornate fireplace is the focal point of this lavish room with Parque hardwood floors and bright picture windows. A formal dining room hosts spectacular sweeping views as its guest of honor every night. The estate-like backyard presents a scene reminiscent of an enchanting storybook setting. The verdant gardens, blossoming fruit trees and majestic gazebo reveal timeless elegance and refined luxury surrounded by stunning views of the bay. A dignified family room with glass patio door to the backyard showcases hardwood floors, sophisticated wet bar and timeless brick wood-burning fireplace. A striking wood paneled ceiling crowns the room in traditional warmth and charm. The versatile downstairs suite space further enhances the vast possibilities of this home. This home shines with opulent opportunity to be a cherished treasure for generations to come.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,747
Year Built
- Built in 1977
Lot Details
- 0.36 Acre Lot
- Fenced
- Gentle Sloping Lot
- Sprinklers on Timer
- Back Yard
- Zoning described as R10006
Parking
- 2 Car Garage
Property Views
- Bay
- Bridge
- Skyline
- Hills
- Neighborhood
Home Design
- Tile Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,750 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Beamed Ceilings
- High Ceiling
- Skylights
- Wood Burning Fireplace
- Gas Log Fireplace
- Formal Entry
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Den
- Bonus Room
- Utility Room
- Laundry in unit
- Fire Sprinkler System
Kitchen
- Gas Oven
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Unfinished Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Balcony
- Deck
- Gazebo
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Zoned Heating System
- Vented Exhaust Fan
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 024-242-280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2024
Closed on
Apr 17, 2024
Sold by
Gross Maria Mercedes and Gross Silvia Carolina
Bought by
Zeng David Daoyuan and Li Na
Seller's Agent
Debbie Wilhelm
Coldwell Banker Realty
Buyer's Agent
Henry Chu
Golden Gate Sotheby's International Realty
List Price
$3,498,000
Sold Price
$3,400,000
Premium/Discount to List
-$98,000
-2.8%
Total Days on Market
9
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,636
Avg. Annual Appreciation
5.26%
Original Mortgage
$2,000,000
Outstanding Balance
$1,980,064
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,602,572
Purchase Details
Closed on
Sep 16, 2016
Sold by
Ayers Fanny
Bought by
Ayers Fanny and The Perry Allen & Fanny Ayers
Purchase Details
Closed on
Nov 29, 2001
Sold by
Ayers Perry Allen and Ayers Fanny
Bought by
Ayers Perry Allen and Ayers Fanny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
6.63%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 28, 1993
Sold by
Ayers Perry Allen and Ayers Fanny
Bought by
Ayers Perry Allen and Ayers Fanny
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zeng David Daoyuan | $3,400,000 | First American Title | |
| Ayers Fanny | -- | None Available | |
| Ayers Perry Allen | -- | Fidelity National Title Co | |
| Ayers Perry Allen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zeng David Daoyuan | $2,000,000 | |
| Previous Owner | Ayers Fanny | $280,000 | |
| Previous Owner | Ayers Perry Allen | $300,000 | |
| Previous Owner | Ayers Fanny | $130,000 | |
| Previous Owner | Ayers Perry Allen | $116,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $3,400,000 | -2.8% | $907 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $3,498,000 | -- | $933 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $35,747 | $3,111,000 | $1,744,200 | $1,366,800 |
| 2023 | $5,765 | $350,784 | $50,782 | $300,002 |
| 2022 | $4,066 | $343,907 | $49,787 | $294,120 |
| 2021 | $4,021 | $337,164 | $48,811 | $288,353 |
| 2020 | $3,958 | $333,708 | $48,311 | $285,397 |
| 2019 | $3,869 | $327,165 | $47,364 | $279,801 |
| 2018 | $3,795 | $320,751 | $46,436 | $274,315 |
| 2017 | $3,645 | $314,463 | $45,526 | $268,937 |
| 2016 | $3,590 | $308,298 | $44,634 | $263,664 |
| 2015 | $3,565 | $303,668 | $43,964 | $259,704 |
| 2014 | $3,486 | $297,720 | $43,103 | $254,617 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Wilhelm
-
Henry Chu
Buyer's Agent in 2024
Henry Chu
Golden Gate Sotheby's International Realty
1 in this area
57 Total Sales
Map
Similar Home in the area
Source: MLSListings
MLS Number: ML81958637
APN: 024-242-280
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