G
Seller's Agent in 2024
George Lai
Far East Realty
(415) 601-8818
1 in this area
22 Total Sales
1253 Lake St Millbrae, CA 94030
Mills Estates NeighborhoodEstimated Value: $3,541,000 - $4,517,000
5
Beds
5.5
Baths
4,409
Sq Ft
$930/Sq Ft
Est. Value
Highlights
- Bay View
- Two Primary Bedrooms
- Jetted Tub in Primary Bathroom
- Spring Valley Elementary School Rated A-
- Sitting Area In Primary Bedroom
- Mediterranean Architecture
About This Home
As of September 2024This luxury home is located in Mills Estate, one of the most desired neighborhoods w/Million Dollars Bay View, City View & overlooking SFO. An extraordinary 5 Bedrooms, 5.5 Baths(2 master suites) 4,409' living area (per San Mateo County Assessor record) on an oversized 14,260' lot. The interior of this home exudes sophistication w/high-end finishes & meticulous craftsmanship. Top level/level 3 features a Grand Master Suite w/Million Dollars Bay View & overlooking SFO. Main level/level 2 features elegant stairs & grand entrance to luxurious living room w/Bay View, dining room is next to living room, Chef's kitchen w/48" Thermador stove & high-end appliances, family room next to kitchen is currently used as dining room , wet bar & tea room. 4 bedrooms 3.5 baths (including 2nd master suite). Lower level/level 1 features 5th full bath, 2 laundry rooms, storage area & a spacious entertainment room. The expansion & remodeling works on top level, main level, lower level & roof are done with permit issued in 2004. Relax and enjoy amazing Bay View, City View & overlooking SFO in the huge backyard that includes a mini golf putting green, spacious basketball court & private garden w/variety beautiful flowers & bushes providing endless outdoor entertainment. It is a dream home & Has It All !
Home Details
Home Type
- Single Family
Year Built
- Built in 1962 | Remodeled
Lot Details
- 0.33 Acre Lot
- Back Yard Fenced
- Irregular Lot
- Low Maintenance Yard
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
- Front Facing Garage
- Side by Side Parking
- Garage Door Opener
- Guest Parking
Property Views
- Bay
- City Lights
Home Design
- Mediterranean Architecture
- Frame Construction
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,409 Sq Ft Home
- 3-Story Property
- Wet Bar
- Decorative Fireplace
- Double Pane Windows
- Formal Entry
- Family Room with Fireplace
- Great Room
- Combination Dining and Living Room
- Storage Room
Kitchen
- Free-Standing Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Double Master Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Jetted Tub in Primary Bathroom
- Bathtub with Shower
- Multiple Shower Heads
- Low Flow Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- Partial Basement
- Laundry in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- 220 Volts
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 024-242-250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2024
Sold by
Wang Zhixiong and Liang Zhaoping
Bought by
Zheng Brian Pei Yuan and Chan Kelly Kit
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2020
Sold by
Mt 2 Properties Llc
Bought by
Wang Zhixiong and Liang Zhaoping
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 25, 2017
Closed on
Apr 20, 2017
Sold by
Hung Victor F and Hung Marianne Q
Bought by
Mt-2 Properties Llc
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Bao Wu
Berri Real Estate
List Price
$2,699,995
Sold Price
$2,728,000
Premium/Discount to List
$28,005
1.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Purchase Details
Closed on
Apr 18, 2002
Sold by
Lau Yeung Hak and Lau Yin Ping Hui
Bought by
Hung Victor F and Hung Marianne Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Purchase Details
Closed on
Sep 16, 1997
Sold by
Lau Yin Ping Hiu
Bought by
Lau Yeung Hak and Lau Yin Ping Hui
Purchase Details
Closed on
Sep 5, 1997
Sold by
Lau Yeung Hak
Bought by
Lau Yin Ping Hui
Purchase Details
Closed on
Oct 11, 1996
Sold by
Sidney Chassy
Bought by
Lau Yeung Hak and Lau Yin Ping Hui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
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 |
|---|---|---|---|
| Zheng Brian Pei Yuan | $3,500,000 | Fidelity National Title Compan | |
| Wang Zhixiong | $3,200,000 | First American Title Company | |
| Mt-2 Properties Llc | $2,728,000 | Fidelity National Title Co | |
| Hung Victor F | $1,100,000 | Chicago Title Insurance Comp | |
| Lau Yeung Hak | -- | -- | |
| Lau Yin Ping Hui | -- | Fidelity National Title Co | |
| Lau Yeung Hak | $638,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zheng Brian Pei Yuan | $1,400,000 | |
| Previous Owner | Wang Zhixiong | $2,000,000 | |
| Previous Owner | Hung Victor F | $650,000 | |
| Previous Owner | Lau Yeung Hak | $200,000 | |
| Closed | Hung Victor F | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $3,500,000 | -9.8% | $794 / Sq Ft | |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- | |
| 05/24/2024 05/24/24 | For Sale | $3,880,000 | +42.2% | $880 / Sq Ft | |
| 04/25/2017 04/25/17 | Sold | $2,728,000 | +1.0% | $714 / Sq Ft | View Prior Sale |
| 04/25/2017 04/25/17 | For Sale | $2,699,995 | -- | $707 / Sq Ft |
Source: San Francisco Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $39,589 | $3,500,000 | $1,900,000 | $1,600,000 |
| 2023 | $39,589 | $3,363,768 | $2,354,639 | $1,009,129 |
| 2022 | $36,901 | $3,297,813 | $2,308,470 | $989,343 |
| 2021 | $36,479 | $3,233,151 | $2,263,206 | $969,945 |
| 2020 | $32,556 | $2,894,974 | $1,697,932 | $1,197,042 |
| 2019 | $31,773 | $2,838,211 | $1,664,640 | $1,173,571 |
| 2018 | $31,140 | $2,782,560 | $1,632,000 | $1,150,560 |
| 2017 | $17,666 | $1,574,438 | $700,087 | $874,351 |
| 2016 | $17,442 | $1,543,568 | $686,360 | $857,208 |
| 2015 | $17,321 | $1,520,384 | $676,051 | $844,333 |
| 2014 | $16,924 | $1,490,604 | $662,809 | $827,795 |
Source: Public Records
Agents Affiliated with this Home
-
George Lai
-
Disen Cai
Seller's Agent in 2017
Disen Cai
KW Advisors
(650) 622-2156
37 in this area
331 Total Sales
-
B
Buyer's Agent in 2017
Bao Wu
Berri Real Estate
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424036134
APN: 024-242-260
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