NOT LISTED FOR SALE

Park Broadway 1388 Broadway Unit 107 Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $810,808 - $1,235,000

2 Beds
2 Baths
1,156 Sq Ft
1.58 Acres

Last Sold August 17, 2012

Last sale price $550,000 $476 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,836/month

143 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Sauna
  • Green Hills Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Green Hills Park

About This Home

As of August 2012

Back to the market. Gorgeous newer condo locate in Park Broadway (built in 2009). The modern gourmet kitchen with beautiful granite counter & stainless appliances; Hardwood floor throughout living room and kitchen. Spacious master suite offers big walk-in closet & dual vanities. Dbl pane windows; Nice courtyards, spa,exercise rm, ping-pong room and BBQ area. Excellent move-in condition! Must see.

Last Agent to Sell the Property

Lily Hsu

Compass License #01467090 Listed on: 02/06/2012

Compass

Last Buyer's Agent

Lee Ginsburg

Prudential California Realty License #01391378

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 1.58

Parking

  • 2 Car Garage

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Security Gate

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 104-670-190

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, sewer, water, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - liability

Amenities

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

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Sale Price Per Sq Ft: 475.78
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1156
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: R1
  • 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, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1156
  • Stories: 1
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Storage, Den / Study / Office
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+

Garage/Parking

  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Amenities: Additional Storage, Elevator, Gym / Exercise Facility, BBQ Area, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Sewer, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

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

Lot Info

  • Parcel Number: 104-670-190
  • List Price per Sq Ft: 480.97
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 68798.00
  • Lot Size Area Min Search: 68798.00
  • 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

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jul 26, 2012
Sold by
Mao John W and Mao Lisa J
Bought by
Kwan Joyce K
Seller's Agent
Lily Hsu
Compass
Buyer's Agent
Lee Ginsburg
Prudential California Realty
List Price
$556,000
Sold Price
$550,000
Premium/Discount to List
-$6,000
-1.08%
Current Estimated Value
$966,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,202
Avg. Annual Appreciation
4.30%
Original Mortgage
$385,000
Outstanding Balance
$265,327
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$700,875

Purchase Details

Closed on
Apr 10, 2009
Sold by
Millbrae Town Plaza Lp
Bought by
Mao John W and Mao Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwan Joyce K $550,000 Fidelity National Title Co
Mao John W $490,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Joyce K $385,000
Previous Owner Mao John W $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2012 08/17/12 Sold $550,000 -1.1% $476 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $556,000 0.0% $481 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
05/10/2012 05/10/12 Price Changed $556,000 -2.3% $481 / Sq Ft
04/12/2012 04/12/12 Price Changed $569,000 -1.7% $492 / Sq Ft
02/06/2012 02/06/12 For Sale $579,000 -- $501 / 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 $10,006 $677,272 $203,179 $474,093
2023 $10,006 $650,976 $195,291 $455,685
2022 $8,477 $638,212 $191,462 $446,750
2021 $8,308 $625,699 $187,708 $437,991
2020 $8,324 $619,284 $185,784 $433,500
2019 $8,089 $607,142 $182,142 $425,000
2018 $8,019 $595,238 $178,571 $416,667
2017 $7,839 $583,568 $175,070 $408,498
2016 $7,756 $572,127 $171,638 $400,489
2015 $7,718 $563,534 $169,060 $394,474
2014 $7,564 $552,496 $165,749 $386,747
Source: Public Records

Agents Affiliated with this Home

  • Lily Hsu

    Seller's Agent in 2012

    Lily Hsu

    Compass

    (650) 823-9189

    37 Total Sales

    Lily Hsu
    Section Image

  • L

    Buyer's Agent in 2012

    Lee Ginsburg

    Prudential California Realty

    Section Image
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About Park Broadway

Map

Source: MLSListings

MLS Number: ML81204478

MLSListings

APN: 104-670-190

California San Mateo County Millbrae 94030 Downtown Millbrae

1388 Broadway Unit 107, Millbrae, CA

Not Listed for Sale

Condos

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