NOT LISTED FOR SALE

1340 Terrace Dr Millbrae, CA 94030

Millbrae Meadows Neighborhood

Estimated Value: $1,950,004 - $2,576,000

3 Beds
2 Baths
1,450 Sq Ft
$1,478/Sq Ft Est. Value

Last Sold August 05, 2013

Last sale price $1,015,000 $700 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $12,529/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • 2 Car Detached Garage
  • Meadows Elementary School Rated A-
  • Neighborhood Views
  • Open to Family Room

About This Home

As of August 2013

Prettiest home in the Meadows to love at first sight. This stylish rancher is beautifully renovated with modern kitchen and splashy bathrooms. Enjoy indoor/outdoor interaction with open floor plan, inviting courtyard, paver patio and sunny deck. Excellent Millbrae schools: Meadow, Taylor, Mills High. Quick access to downtown and 280.

Last Agent to Sell the Property

Lin Storer

Corcoran Icon Properties License #00939287 Listed on: 07/12/2013

Corcoran Icon Properties

Last Buyer's Agent

Lin Storer

Corcoran Icon Properties License #00939287 Listed on: 07/12/2013

Corcoran Icon Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Level Lot
  • Front Yard Sprinklers
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 019-241-210

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 700.00
  • Listing Class: Residential
  • Structure Sq Ft: 1450
  • Incorporated: Yes
  • Map Book Page: 727
  • Map Side Coordinate: 2
  • Map Top Coordinate: H
  • Thomas Bros Page: 727
  • Thomas Brothers: H2
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Stove, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1450
  • Stories: 1
  • Laundry: Dryer, Washer
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Up
  • Parcel Number: 019-241-210
  • List Price per Sq Ft: 654.83
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6120.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6120.00
  • Lot Size Area Min Search: 6120.00
  • Maximum Lot Size: 6120.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Meadows Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Lam Michael Quoc and Lam Monica C
Bought by
Lam Michael Quoc and Lam Monica C
Current Estimated Value
$2,143,501

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jul 31, 2013
Sold by
Kwan Eddie C and Lee Kitty K
Bought by
Lam Michael and Lam Monica
Seller's Agent
Lin Storer
Corcoran Icon Properties
Buyer's Agent
Lin Storer
Corcoran Icon Properties
List Price
$949,500
Sold Price
$1,015,000
Premium/Discount to List
$65,500
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$812,000
Outstanding Balance
$588,099
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,555,402

Purchase Details

Closed on
Jul 30, 2004
Sold by
Costello David and Shea Costello Maureen F
Bought by
Kwan Eddie C and Lee Kitty K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1998
Sold by
David Costello and Shea Costello Maureen F
Bought by
Costello David and Shea Costello Maureen F
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
Lam Michael Quoc -- None Available
Lam Michael $1,015,000 First American Title Company
Kwan Eddie C $800,000 Commonwealth Land Title Ins
Costello David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Michael $812,000
Previous Owner Kwan Eddie C $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2013 08/05/13 Sold $1,015,000 +6.9% $700 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $949,500 -- $655 / 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 $15,582 $1,244,236 $622,118 $622,118
2023 $15,582 $1,195,922 $597,961 $597,961
2022 $13,276 $1,172,474 $586,237 $586,237
2021 $13,126 $1,149,486 $574,743 $574,743
2020 $12,911 $1,137,700 $568,850 $568,850
2019 $12,604 $1,115,394 $557,697 $557,697
2018 $12,355 $1,093,524 $546,762 $546,762
2017 $12,075 $1,072,084 $536,042 $536,042
2016 $11,919 $1,051,064 $525,532 $525,532
2015 $11,837 $1,035,278 $517,639 $517,639
2014 $11,566 $1,015,000 $507,500 $507,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lin Storer

    Corcoran Icon Properties

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Map

Source: MLSListings

MLS Number: ML81325241

MLSListings

APN: 019-241-210

California San Mateo County Millbrae 94030 Millbrae Meadows

1340 Terrace Dr, Millbrae, CA

Not Listed for Sale

Detached

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