NOT LISTED FOR SALE

Park Broadway 1388 Broadway Unit 202 Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $1,187,000 - $1,315,000

3 Beds
2 Baths
1,619 Sq Ft
1.58 Acres

Last Sold May 03, 2016

Last sale price $1,122,000 $693 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,788/month

13 Days on Market

Highlights

  • 1.58 Acre Lot
  • Outdoor Fireplace
  • Balcony
  • Green Hills Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Green Hills Park

About This Home

As of May 2016

Come home to this sleek, modern, 3 bedroom, 2 bath corner unit condo built in 2009. This home has over 1600 sq. ft. of living space, with a master suite with a dual vanity bathroom and soaking tub, his and her walk-in closet, dedicated office area, central heating and AC system, laundry-closet hookups, 2-car deeded parking, and private patio. Just a few minutes to downtown Millbrae, Bart, and Caltrain; all in an excellent school district. The secured community offers a shared courtyard, outdoor spa, BBQ area, fireplace, fitness room, and community room. HOA includes water, garbage, gas, building maintenance/insurance, and amenities.

Last Agent to Sell the Property

Martin Quan

U.S. Continental Inv. Realty License #01393208 Listed on: 03/08/2016

Last Buyer's Agent

Lei Xu

Xu, Lei License #01707362

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 1.58

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,619 Sq Ft Home
  • 4-Story Property
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 104-680-020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, gas, hot water, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, water, water / sewer
  • Park Broadway Association

Amenities

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1619
  • Year Built: 2009
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 1619
  • Stories: 4
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Balcony / Patio, BBQ Area, Courtyard, Outdoor Fireplace
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Unknown

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 436
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Gas, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Roof, Water, Water / Sewer
  • H O A Name Text: Park Broadway
  • H O A Exist: Yes

Schools

  • High School: 659

Lot Info

  • Lot Description: Unknown
  • Parcel Number: 104-680-020
  • Lot Acres: 1.5790
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 28, 2016
Sold by
Hu Jian
Bought by
Li Zheng
Seller's Agent
Martin Quan
U.S. Continental Inv. Realty
Buyer's Agent
Lei Xu
Xu, Lei
List Price
$1,080,000
Sold Price
$1,122,000
Premium/Discount to List
$42,000
3.89%
Current Estimated Value
$1,228,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,252
Avg. Annual Appreciation
0.94%
Original Mortgage
$729,300
Outstanding Balance
$618,650
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$609,602

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 25, 2016
Sold by
Saelee Farmta and Magsino Roy Vincent M
Bought by
Li Zheng
Seller's Agent
Martin Quan
U.S. Continental Inv. Realty
Buyer's Agent
Lei Xu
Xu, Lei
List Price
$1,080,000
Sold Price
$1,122,000
Premium/Discount to List
$42,000
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,300
Outstanding Balance
$618,650
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$609,602

Purchase Details

Closed on
Aug 5, 2009
Sold by
Millbrae Town Plaza Lp
Bought by
Saelee Farmta and Magsino Roy Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,446
Interest Rate
4.83%
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
Li Zheng -- First American Title Company
Li Zheng $1,122,000 First American Title Company
Saelee Farmta $695,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zheng $729,300
Previous Owner Saelee Farmta $636,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $1,122,000 +3.9% $693 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $1,080,000 -- $667 / 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 $17,146 $1,328,211 $398,461 $929,750
2023 $17,146 $1,276,638 $382,990 $893,648
2022 $15,296 $1,251,607 $375,481 $876,126
2021 $15,048 $1,227,067 $368,119 $858,948
2020 $14,951 $1,214,486 $364,345 $850,141
2019 $14,555 $1,190,673 $357,201 $833,472
2018 $14,356 $1,167,328 $350,198 $817,130
2017 $14,080 $1,144,440 $343,332 $801,108
2016 $9,760 $757,831 $227,348 $530,483
2015 $9,707 $746,449 $223,934 $522,515
2014 $9,505 $731,828 $219,548 $512,280
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Martin Quan

    U.S. Continental Inv. Realty

  • L

    Buyer's Agent in 2016

    Lei Xu

    Xu, Lei

See All Agents

About Park Broadway

Map

Source: MLSListings

MLS Number: ML81564224

MLSListings

APN: 104-680-020

California San Mateo County Millbrae 94030 Downtown Millbrae

1388 Broadway Unit 202, Millbrae, CA

Not Listed for Sale

Condos

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