NOT LISTED FOR SALE

1387 Madera Way Millbrae, CA 94030

Mills Estates Neighborhood

Estimated Value: $4,055,000 - $4,662,000

5 Beds
4 Baths
3,740 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $2,910,000 $778 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $25,427/month

22 Days on Market

Highlights

  • Bay View
  • Deck
  • Wood Flooring
  • Spring Valley Elementary School Rated A-
  • Contemporary Architecture
  • Marble Countertops

About This Home

As of October 2015

Stunning contemporary estate with breathtaking Bay Views. This elegant home features a spectacular open floor plan with soaring ceilings, expansive windows and Brazilian cherry floors. Home includes 5BR/4BA, a Great Rm/Dining Rm/Sleek Gourmet Kitchen with marble countertops, a center island and glass doors opening to the outdoor deck and gardens. Downstairs Family Room includes a private Guest Suite. Main living areas open to a large oversized lot with wraparound deck and grassy play area.

Last Agent to Sell the Property

Catherine Lee

C&H Realty License #01845034 Listed on: 09/10/2015

Co-Listed By

Hope Pilch

C&H Realty License #01252438

Last Buyer's Agent

Jimmy Chen

JC Property Investment License #01146575

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 9,104 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,740 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Dining Area
  • Bay Views
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 024-412-040

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: 3740
  • Year Built: 1963
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Island, Oven - Double, Pantry Cabinet, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3740
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • View: Bay
  • Yard/Grounds: Back Yard, Deck, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Parcel Number: 024-412-040
  • Lot Acres: 0.2090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9100.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

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
Oct 9, 2016
Sold by
Tao Kan and Zhang Jian
Bought by
Tao Kan and Zhang Jian
Current Estimated Value
$4,235,042

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 12, 2015
Sold by
Kirkbride Brian R and Kirkbride Ivana
Bought by
Tao Kan and Zhang Jian
Seller's Agent
Catherine Lee
C&H Realty
Buyer's Agent
Jimmy Chen
JC Property Investment
List Price
$2,798,000
Sold Price
$2,910,000
Premium/Discount to List
$112,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Mar 27, 2014
Sold by
Yuen Edward Y and Yuen Yeung Po
Bought by
Kirkbride Brian R and Kirkbride Ivana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2006
Sold by
Yuen Yeung Po
Bought by
Yuen Yeung Po and Yeung Po Yuen Revocable Trust

Purchase Details

Closed on
Jun 25, 2005
Sold by
Lau Yuen Joanne
Bought by
Yuen Yeung Po

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,000
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2005
Sold by
St Clair Jill Ann and St Clair Ann M
Bought by
Yuen Yeung Po and Yuen Edward Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,000
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2003
Sold by
Stclair Ann M
Bought by
Stclair Jill Ann and Stclair Ann M
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
Tao Kan -- None Available
Tao Kan $2,910,000 Fidelity National Title Co
Kirkbride Brian R $1,900,000 Fidelity National Title Co
Yuen Yeung Po -- None Available
Yuen Yeung Po -- Fidelity National Title
Yuen Yeung Po $1,420,000 Fidelity National Title
Stclair Jill Ann -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirkbride Brian R $1,520,000
Previous Owner Yuen Yeung Po $994,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $2,910,000 +4.0% $778 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $2,798,000 -- $748 / 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 $38,850 $3,457,014 $1,805,106 $1,651,908
2023 $38,850 $3,322,777 $1,735,013 $1,587,764
2022 $36,533 $3,257,626 $1,700,994 $1,556,632
2021 $36,116 $3,193,753 $1,667,642 $1,526,111
2020 $35,518 $3,161,008 $1,650,544 $1,510,464
2019 $34,664 $3,099,029 $1,618,181 $1,480,848
2018 $33,972 $3,038,266 $1,586,453 $1,451,813
2017 $33,370 $2,968,200 $1,484,100 $1,484,100
2016 $32,844 $2,910,000 $1,455,000 $1,455,000
2015 $22,122 $1,937,962 $968,981 $968,981
2014 $22,525 $1,980,795 $807,332 $1,173,463
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Catherine Lee

    C&H Realty

    Section Image

  • H

    Seller Co-Listing Agent in 2015

    Hope Pilch

    C&H Realty

    Section Image

  • J

    Buyer's Agent in 2015

    Jimmy Chen

    JC Property Investment

See All Agents

Map

Source: MLSListings

MLS Number: ML81513848

MLSListings

APN: 024-412-040

California San Mateo County Millbrae 94030 Mills Estates

1387 Madera Way, Millbrae, CA

Not Listed for Sale

Detached

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