NOT LISTED FOR SALE

1255 Millbrae Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,930,000 - $3,278,000

3 Beds
3.5 Baths
2,470 Sq Ft
$1,245/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $1,805,000 $731 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $18,635/month

129 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Spring Valley Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2014

Custom built in 2001, 2470+/- s.f. secluded residence w/Peninsula views from terrace w/private & gated driveway. High ceilings in large living room/gourmet kitchen/formal dining room/master bedroom suite w/lots of closets & large bath, plus two additional bedrooms & baths. Detached 3 car garage with additional room & 1/2 bath could be used as an office, family room or home gym. Lots of potential.

Last Agent to Sell the Property

Mark Benson

Mark Benson,Broker License #00523978 Listed on: 04/29/2014

Last Buyer's Agent

Edward Curley

KW Advisors License #01734643

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,718

Year Built

  • Built in 2001

Lot Details

  • Fenced
  • Lot Sloped Down
  • Zoning described as R1

Property Views

  • Bay
  • Canyon

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,470 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Parking

  • Detached Garage
  • Garage Door Opener
  • Guest Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 024-212-280

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,718

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 13
  • Sale Price Per Sq Ft: 730.77
  • Listing Class: Residential
  • Structure Sq Ft: 2470
  • Incorporated: Yes
  • Map Book Page: 727
  • Map Side Coordinate: 5
  • Map Top Coordinate: J
  • Thomas Bros Page: 727
  • Thomas Brothers: J5
  • Year Built: 2001
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Built-In
  • Living Sq Ft: 2470
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Hardwood
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Bay, Canyon
  • Yard/Grounds: Patio(s), Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 024-212-280
  • List Price per Sq Ft: 686.23
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12974.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12974.00
  • Lot Size Area Min Search: 12974.00
  • Maximum Lot Size: 12974.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Solar Power On Grid, Double Pane Windows, Tankless Water Heater

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Sep 30, 2014
Sold by
Hoskins Janina M and Cook Christopher D
Bought by
Draheim Mark R and Tsai Sherry P
Seller's Agent
Mark Benson
Mark Benson,Broker
Buyer's Agent
Edward Curley
KW Advisors
List Price
$1,500,000
Sold Price
$1,805,000
Premium/Discount to List
$305,000
20.33%
Current Estimated Value
$2,986,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,181,265
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,175,000
Outstanding Balance
$904,997
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$2,065,831

Purchase Details

Closed on
Apr 13, 2004
Sold by
Cook Christopher D
Bought by
Moreland San Bruno Llc

Purchase Details

Closed on
Nov 19, 2003
Sold by
Rosen Mike and Toy Stephanie
Bought by
Cook Christopher D

Purchase Details

Closed on
May 18, 2000
Sold by
Cook Christopher and Cook Natalie M
Bought by
Cook Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 1999
Sold by
Pilpel Monio and Pilpel Heddy Grace
Bought by
Cook Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 1998
Sold by
Cook Natalie M and Cook N
Bought by
Cook Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Stroot Jerome H and Stroot Randall C
Bought by
Cook Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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Average Value
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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
Draheim Mark R $1,805,000 North American Title Co Inc
Moreland San Bruno Llc -- Chicago Title Co
Moreland Llc -- Chicago Title Co
Cook Christopher D $1,000,000 Chicago Title Co
Cook Christopher D -- --
Cook Christopher -- --
Cook Christopher D $80,000 Commonwealth Land Title Co
Cook Christopher D -- Commonwealth Land Title Co
Cook Christopher D -- Commonwealth Land Title Co
Cook Christopher D $80,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draheim Mark R $1,175,000
Previous Owner Cook Christopher D $100,000
Previous Owner Cook Christopher D $799,654
Previous Owner Cook Christopher D $100,000
Previous Owner Cook Christopher D $800,000
Previous Owner Cook Christopher D $100,000
Previous Owner Cook Christopher D $240,400
Previous Owner Cook Christopher D $510,000
Previous Owner Cook Christopher D $250,000
Previous Owner Cook Christopher D $250,000
Previous Owner Cook Christopher D $45,000
Previous Owner Cook Christopher D $40,000
Previous Owner Cook Christopher D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $1,805,000 +6.5% $731 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/02/2014 08/02/14 Price Changed $1,695,000 +13.0% $686 / Sq Ft
08/02/2014 08/02/14 For Sale $1,500,000 -16.9% $607 / Sq Ft
04/29/2014 04/29/14 Off Market $1,805,000 -- --
04/29/2014 04/29/14 For Sale $1,500,000 -- $607 / 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 $25,718 $2,169,328 $1,084,664 $1,084,664
2023 $25,718 $2,085,094 $1,042,547 $1,042,547
2022 $23,044 $2,044,210 $1,022,105 $1,022,105
2021 $22,783 $2,004,128 $1,002,064 $1,002,064
2020 $22,408 $1,983,580 $991,790 $991,790
2019 $21,871 $1,944,688 $972,344 $972,344
2018 $21,437 $1,906,558 $953,279 $953,279
2017 $21,023 $1,869,176 $934,588 $934,588
2016 $20,761 $1,832,526 $916,263 $916,263
2015 $20,618 $1,805,000 $902,500 $902,500
2014 $6,340 $544,057 $104,195 $439,862
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Benson

    Mark Benson,Broker

    Section Image
  • Edward Curley

    Buyer's Agent in 2014

    Edward Curley

    KW Advisors

    (650) 490-0359

    14 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81414314

MLSListings

APN: 024-212-280

California San Mateo County Millbrae 94030 Highlands

1255 Millbrae Ave, Millbrae, CA

This home is located at 1255 Millbrae Ave, Millbrae, CA 94030 since 29 April 2014 and is currently estimated at $3,075,894, approximately $1,245 per square foot. This property was built in 2001. 1255 Millbrae Ave is a home located in San Mateo County with nearby schools including Spring Valley Elementary School, Taylor Middle School, and Mills High School.

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