T
Seller's Agent in 2017
Tom Fanucchi
Compass
1340 Magnolia Ave Millbrae, CA 94030
Green Hills NeighborhoodEstimated Value: $1,889,000 - $2,659,641
4
Beds
2
Baths
3,006
Sq Ft
$729/Sq Ft
Est. Value
Highlights
- View of Hills
- Enclosed Parking
- Tile Countertops
- Green Hills Elementary School Rated A-
- 2 Car Attached Garage
- 1-minute walk to Green Hills Park
About This Home
As of September 2017Rare Find! Hard to locate west side duplex that has been updated and exudes pride of ownership. Within close proximity to Downtown Millbrae and all it has to offer. Walking score of 80. Each unit is a 2 bedroom, 1 bath, 1 car enclosed garage and separate backyards. Eat in kitchen with dishwashers along with bathrooms have both been updated. Unit 1330 has a fireplace in the living room. Each unit also has its own large laundry area. The exterior was recently painted and there is tons of additional storage area. Tenants will love the award winning "Millbrae School District". Close to all downtown amenities: shopping, coffee shops, schools, parks, library, churches etc. Also close to all forms of transportation: freeways, BART, Caltrain, bus lines, SF airport. Don't miss this great opportunity.
Last Agent to Sell the Property
Tom Fanucchi
Compass License #00657467 Listed on: 08/11/2017
Last Buyer's Agent
Gregory Terry
Compass License #00957651
Property Details
Home Type
- Multi-Family
Year Built
- 1953
Lot Details
- 6,172 Sq Ft Lot
- Fenced
- Lot Sloped Down
- Back Yard
Parking
- 2 Car Attached Garage
- Enclosed Parking
- Garage Door Opener
- Off-Street Parking
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,006 Sq Ft Home
- 1-Story Property
- Storage Room
- Views of Hills
Kitchen
- Electric Oven
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Barbecue Area
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $74,400
Community Details
Overview
Building Details
- 1 Leased Unit
- Gardener Expense $960
- Insurance Expense $939
- Maintenance Expense $2,100
- Other Expense $200
- Operating Expense $6,105
- Gross Income $74,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2017
Sold by
Spina Properties Llc
Bought by
Spina Properties Llc
Current Estimated Value
Purchase Details
Listed on
Aug 11, 2017
Closed on
Sep 15, 2017
Sold by
Tassos James A and Tassos Sherre D
Bought by
Spina Steve and Spina Linda
Seller's Agent
Tom Fanucchi
Compass
Buyer's Agent
Gregory Terry
Compass
List Price
$1,550,000
Sold Price
$1,625,000
Premium/Discount to List
$75,000
4.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Purchase Details
Closed on
Aug 5, 2014
Sold by
Tassos Sherre Diane
Bought by
James A Tassos & Sherre D Tassos 1997 Tr and Tassos Sherre D
Purchase Details
Closed on
May 2, 2014
Sold by
Tassos Sherre Diane and Kluck Donna Carleen
Bought by
Tassos Sherre Diane
Purchase Details
Closed on
Jun 15, 2005
Sold by
Smith Camille B
Bought by
Smith Camille B
Purchase Details
Closed on
Aug 27, 1997
Sold by
Smith Earl P and Smith Camille B
Bought by
Smith Earl P and Smith Camille B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spina Properties Llc | -- | None Available | |
| Spina Steve | $1,625,000 | Lawyers Title Company | |
| James A Tassos & Sherre D Tassos 1997 Tr | -- | None Available | |
| Tassos Sherre Diane | -- | None Available | |
| Smith Camille B | -- | -- | |
| Smith Earl P | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2017 09/22/17 | Sold | $1,625,000 | +4.8% | $541 / Sq Ft |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- |
| 08/11/2017 08/11/17 | For Sale | $1,550,000 | -- | $516 / Sq Ft |
Source: MLSListings
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 | $23,447 | $1,848,967 | $1,137,827 | $711,140 |
| 2023 | $23,447 | $1,777,172 | $1,093,645 | $683,527 |
| 2022 | $19,896 | $1,742,326 | $1,072,201 | $670,125 |
| 2021 | $19,673 | $1,708,164 | $1,051,178 | $656,986 |
| 2020 | $19,354 | $1,690,650 | $1,040,400 | $650,250 |
| 2019 | $18,897 | $1,657,500 | $1,020,000 | $637,500 |
| 2018 | $18,527 | $1,625,000 | $1,000,000 | $625,000 |
| 2017 | $1,937 | $135,363 | $42,221 | $93,142 |
| 2016 | $1,907 | $132,710 | $41,394 | $91,316 |
| 2015 | $1,897 | $130,718 | $40,773 | $89,945 |
| 2014 | $1,783 | $128,159 | $39,975 | $88,184 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Buyer's Agent in 2017
Gregory Terry
Compass
Map
Source: MLSListings
MLS Number: ML81673663
APN: 021-276-150
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