NOT LISTED FOR SALE

Estimated Value: $3,337,000 - $3,750,000

4 Beds
3 Baths
2,970 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $2,400,000 $808 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $20,345/month

43 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Contemporary Architecture
  • Spring Valley Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2016

Back on market with a brand new sewer system from the house to the street and clean, dry crawl space! SPECTACULAR CITY, MOUNTAIN & BAY VIEWS! Privately situated in one of Millbrae's most exclusive & scenic neighborhood is this exquisite remodeled home nestled on an ultra private 8,160 sq. ft. lot with sweeping views of city lights, mountains & the bay. Quality, comfort, openness, and a Zen-like sense of sanctuary... all of these were design elements in the creation of this spectacular home. Flexible floor plan includes large, upstairs bonus room that could be transformed into private master suite retreat. Large windows framing amazing views, gourmet chef's kitchen, spa-like bathrooms, hardwood floors, designer selected natural stone, marble and Porcelanosa tile finishes, and incredible outdoor entertaining spaces, all help to make this a truly exceptional home, waiting to be filled with family and friends.

Last Agent to Sell the Property

Minhua Jin

Intero Real Estate Services License #01246488 Listed on: 03/21/2016

Intero Real Estate Services

Last Buyer's Agent

Katie Yu Ching Chao

Landmark Realty License #01071908

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 8,146 Sq Ft Lot
  • Lot Sloped Down
  • Sprinklers on Timer
  • Hillside Location
  • Mostly Level
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Bay
  • Bridge
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Ceiling Insulation
  • Metal Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,970 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Formal Dining Room
  • Bonus Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 024-431-160

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2970
  • Year Built: 1963
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Family Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Oven Range - Built-In, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2970
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Bonus / Hobby Room, Laundry Room, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Sunken / Garden Tub, Tub, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • View: Bay, Bridge, City Lights, Mountains, Ocean
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back
  • Construction Type: Masonry

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Hillside, Grade - Mostly Level, Grade - Sloped Down
  • Parcel Number: 024-431-160
  • Lot Acres: 0.1870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8158.79
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8158.79

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2019
Sold by
Yu Olivia and Zhang Alan
Bought by
Zhang Alan and Yu Olivia
Current Estimated Value
$3,372,682

Purchase Details

Listed on
Mar 21, 2016
Closed on
Apr 15, 2016
Sold by
Liu Wei and Liu Li
Bought by
Yu Olivia and Zhang Alan
Seller's Agent
Minhua Jin
Intero Real Estate Services
Buyer's Agent
Katie Yu Ching Chao
Landmark Realty
List Price
$2,398,000
Sold Price
$2,400,000
Premium/Discount to List
$2,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,920,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2013
Sold by
Liu Wei and Liu Li
Bought by
Liu Wei and Liu Li

Purchase Details

Closed on
May 23, 2007
Sold by
Tam Albert H and Tam Eisel A
Bought by
Liu Wei and Liu Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,600
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Tam Albert H and Tam Eisel A
Bought by
Tam Albert H and Tam Eisel A

Purchase Details

Closed on
Aug 14, 2003
Sold by
Fiore Esther
Bought by
Tam Albert and Tam Eisel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1996
Sold by
Fiore Esther
Bought by
Fiore Esther
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Alan -- None Available
Yu Olivia $2,400,000 Stewart Title Guaranty Co
Liu Wei -- None Available
Liu Wei $1,542,000 Cornerstone Title Company
Tam Albert H -- --
Tam Albert $1,170,000 Fidelity National Title
Fiore Esther -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Olivia $1,920,000
Previous Owner Liu Wei $1,233,600
Previous Owner Tam Albert $936,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Sold $2,400,000 +0.1% $808 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $2,398,000 -0.1% $807 / Sq Ft
03/24/2016 03/24/16 Off Market $2,400,000 -- --
03/21/2016 03/21/16 For Sale $2,398,000 -- $807 / 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 $32,728 $2,841,104 $1,420,552 $1,420,552
2023 $32,728 $2,730,784 $1,365,392 $1,365,392
2022 $30,003 $2,677,240 $1,338,620 $1,338,620
2021 $29,660 $2,624,746 $1,312,373 $1,312,373
2020 $29,169 $2,597,834 $1,298,917 $1,298,917
2019 $28,468 $2,546,898 $1,273,449 $1,273,449
2018 $27,899 $2,496,960 $1,248,480 $1,248,480
2017 $27,387 $2,448,000 $1,224,000 $1,224,000
2016 $19,782 $1,745,188 $872,594 $872,594
2015 $18,527 $1,620,000 $810,000 $810,000
2014 $17,582 $1,542,000 $771,000 $771,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81566223

MLSListings

APN: 024-431-160