NOT LISTED FOR SALE

Park Broadway 1388 Broadway Unit 103 Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $851,325 - $1,018,000

2 Beds
2 Baths
1,147 Sq Ft
1.58 Acres

Last Sold July 08, 2014

Last sale price $715,000 $623 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,847/month

12 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Green Hills Elementary School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Green Hills Park

About This Home

As of July 2014

Gorgeous Park Broadway ground floor condo on the quiet side facing Broadway w/ 9ft ceilings, open floorplan, Shaker-style cabinets, Granite counters, SS appliances, Maple flooring, Spacious Master w/walk-in closet, Oval soaking tub, Stone counter top, Plantation shutters, Built-in office nook, Laundry in unit. Forced air heat & A/C, 2 car secure parking, complex: Spa, BBQ area, Exercise room

Last Agent to Sell the Property

Wendi Selig-Aimonetti

Coldwell Banker License #01001476 Listed on: 05/26/2014

Coldwell Banker

Last Buyer's Agent

Ko Yi Chu

Realty One Group - World Properties License #01791802

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 1.58

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Neighborhood Views
  • Security Gate

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 104-670-160

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, water, common area electricity, common area gas, exterior painting, garbage, gas, insurance - common area
  • Park Broadway Association
  • Built by Park Broadway

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Restrictions
  • Sale Price Per Sq Ft: 623.37
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1147
  • Complex Name: Park Broadway
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 2
  • Map Top Coordinate: A
  • Thomas Bros Page: 728
  • Thomas Brothers: A2
  • Year Built: 2009
  • Zoning Description: 000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1147
  • Stories: 1
  • Security: Security Building, Security Gate, Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 374
  • HOA Amenities: Club House, Additional Storage, Elevator, Gym / Exercise Facility, BBQ Area, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Gas, Insurance - Common Area
  • H O A Name Text: Park Broadway
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

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

Lot Info

  • Parcel Number: 104-670-160
  • List Price per Sq Ft: 608.54
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 68800.00
  • Lot Size Area Min Search: 68800.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2014
Closed on
Jun 30, 2014
Sold by
Ornellas Ryan S and Ornellas Cynthia Marie
Bought by
Chung Hao Jen and Zhang Mei Xue
Seller's Agent
Wendi Selig-Aimonetti
Coldwell Banker
Buyer's Agent
Ko Yi Chu
Realty One Group - World Properties
List Price
$698,000
Sold Price
$715,000
Premium/Discount to List
$17,000
2.44%
Current Estimated Value
$936,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,831
Avg. Annual Appreciation
2.37%
Original Mortgage
$535,000
Outstanding Balance
$406,438
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$530,393

Purchase Details

Closed on
Sep 15, 2009
Sold by
Millbrae Town Plaza Lp
Bought by
Ornellas Ryan S and Ornellas Cynthia Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,494
Interest Rate
5.25%
Mortgage Type
FHA
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
Chung Hao Jen $715,000 Fidelity National Title Co
Ornellas Ryan S $552,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Hao Jen $535,000
Previous Owner Ornellas Ryan S $505,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2014 07/08/14 Sold $715,000 +2.4% $623 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $698,000 -- $609 / 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 $11,958 $859,313 $257,792 $601,521
2023 $11,958 $825,947 $247,783 $578,164
2022 $10,384 $809,753 $242,925 $566,828
2021 $10,193 $793,876 $238,162 $555,714
2020 $10,177 $785,736 $235,720 $550,016
2019 $9,897 $770,331 $231,099 $539,232
2018 $9,791 $755,227 $226,568 $528,659
2017 $9,584 $740,420 $222,126 $518,294
2016 $9,481 $725,903 $217,771 $508,132
2015 $9,431 $715,000 $214,500 $500,500
2014 $7,888 $581,247 $174,373 $406,874
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wendi Selig-Aimonetti

    Coldwell Banker

    Section Image

  • K

    Buyer's Agent in 2014

    Ko Yi Chu

    Realty One Group - World Properties

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About Park Broadway

Map

Source: MLSListings

MLS Number: ML81418282

MLSListings

APN: 104-670-160

California San Mateo County Millbrae 94030 Downtown Millbrae

1388 Broadway Unit 103, Millbrae, CA

Not Listed for Sale

Condos

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