NOT LISTED FOR SALE

Park Broadway 1388 Broadway Unit 228 Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $926,358 - $1,304,000

2 Beds
2 Baths
1,298 Sq Ft
$467/mo HOA Fee

Last Sold October 26, 2018

Last sale price $1,000,000 $770 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,934/month

3 Days on Market

Highlights

  • In Ground Spa
  • Primary Bedroom Suite
  • Clubhouse
  • Green Hills Elementary School Rated A-
  • 1.58 Acre Lot
  • 3-minute walk to Green Hills Park

About This Home

As of October 2018

Unit 228 offers the finest in condo living with a thoughtful floor plan that includes an open living room/dining room/kitchen great room, two bedrooms, two bathrooms, a laundry room and an office nook. Condominium ownership also includes a generous, on-site storage unit and two indoor dedicated parking spaces. Park Broadway is a luxury condominium community located in downtown Millbrae, perfectly situated to take advantage of everything that San Francisco, Silicon Valley, and the neighboring Peninsula communities have to offer. Just minutes from BART, SFO, and Caltrain, Park Broadway has resort-like amenities that include an outdoor spa, on-site fitness center, game room and a BBQ area with an expansive courtyard that offers seating and a fireplace. Built in 2009, ownership is limited to only 109 residential units in this sought-after community.

Last Agent to Sell the Property

Milton Boyd

The Agency License #01327411 Listed on: 10/12/2018

The Agency

Last Buyer's Agent

Anthony Ciardella

Beale Properties License #01366896

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Northeast Facing Home
  • Security Fence

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Enclosed Parking
  • Subterranean Parking
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Home Security

  • Security Lights
  • Security Gate
  • Intercom

Pool

  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 104-680-120

Community Details

Overview

  • Association fees include garbage, gas, insurance, landscaping / gardening, maintenance - common area, reserves, water
  • 109 Units
  • Park Broadway Association
  • Built by Park Broadway

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$467 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 109
  • Structure Sq Ft: 1298
  • Complex Name: Park Broadway
  • Year Built: 2009
  • Zoning Description: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Countertop - Stone, Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1298
  • Stories: 1
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Building, Security Fence, Security Lights
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Granite, Primary - Oversized Tub, Primary - Tub with Jets, Shower over Tub - 1, Solid Surface, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa - In Ground
  • Roof: Metal
  • View: Neighborhood
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Electric Gate, Enclosed, Gate / Door Opener, Lighted Parking Area, Off-Street Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 467
  • HOA Amenities: BBQ Area, Club House, Elevator
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Gas, Insurance, Landscaping / Gardening, Maintenance - Common Area, Reserves, Water
  • H O A Name Text: Park Broadway
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Security Gate, Walk-in Closet

Lot Info

  • Parcel Number: 104-680-120
  • Lot Acres: 1.5794
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 68800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 68800.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2015
Sold by
Cai Yingjian and Su Yuanyuan
Bought by
Cai Yingjian and Su Yuanyuan
Current Estimated Value
$1,064,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Outstanding Balance
$375,990
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$688,600

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 11, 2013
Sold by
Kim Susan and Wong David
Bought by
Cai Ying Jian and Su Yuan
Seller's Agent
Ton Dang
TD Real Estate
Buyer's Agent
Tina Low-Lee
Coldwell Banker Realty
List Price
$669,000
Sold Price
$703,000
Premium/Discount to List
$34,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$561,600
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Millbrae Town Plaza Lp
Bought by
Kim Susan and Wong David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Cai Yingjian -- Lawyers Title Company Of Ca
Cai Ying Jian $703,000 Chicago Title Company
Kim Susan $588,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Yingjian $488,000
Closed Cai Ying Jian $561,600
Previous Owner Kim Susan $470,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2018 10/26/18 Sold $1,000,000 +11.2% $770 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $899,000 +27.9% $693 / Sq Ft
09/18/2013 09/18/13 Sold $703,000 +5.1% $542 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $669,000 -4.8% $515 / Sq Ft
08/10/2013 08/10/13 Off Market $703,000 -- --
07/23/2013 07/23/13 For Sale $669,000 -- $515 / 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 $11,465 $1,115,515 $334,654 $780,861
2023 $11,465 $1,072,200 $321,660 $750,540
2022 $12,990 $1,051,177 $315,353 $735,824
2021 $12,767 $1,030,567 $309,170 $721,397
2020 $12,708 $1,020,000 $306,000 $714,000
2019 $12,365 $1,000,000 $300,000 $700,000
2018 $9,738 $757,387 $227,215 $530,172
2017 $9,530 $742,537 $222,760 $519,777
2016 $9,425 $727,979 $218,393 $509,586
2015 $9,375 $717,045 $215,113 $501,932
2014 $9,181 $703,000 $210,900 $492,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Milton Boyd

    The Agency

    Section Image
  • Anthony Ciardella

    Buyer's Agent in 2018

    Anthony Ciardella

    Beale Properties

    (650) 333-7880

    6 Total Sales

    Anthony Ciardella
    Section Image
  • Ton Dang

    Seller's Agent in 2013

    Ton Dang

    TD Real Estate

    (650) 219-2926

    22 Total Sales

    Ton Dang
    Section Image

  • T

    Buyer's Agent in 2013

    Tina Low-Lee

    Coldwell Banker Realty

See All Agents

About Park Broadway

Map

Source: MLSListings

MLS Number: ML81727448

MLSListings

APN: 104-680-120

California San Mateo County Millbrae 94030 Downtown Millbrae

1388 Broadway Unit 228, Millbrae, CA

Not Listed for Sale

Condos

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