NOT LISTED FOR SALE

Park Broadway 1388 Broadway Unit 402 Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $1,182,000 - $1,526,000

3 Beds
2 Baths
1,619 Sq Ft
$607/mo HOA Fee

Last Sold September 20, 2022

Last sale price $1,240,000 $766 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,869/month

65 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Green Hills Elementary School Rated A-
  • Gated Community
  • 3-minute walk to Green Hills Park

About This Home

As of September 2022

Located at the beautiful Park Broadway gated complex. This highly desirable 3 BR/2BA top floor unit features a lovely kitchen w/granite counter tops, dual sinks, stainless steel appliances, gas cooktop, hardwood floors & breakfast bar, spacious living & dining rooms w/hardwood floors & vaulted ceilings w/Cathedral style windows at the living room, adjacent balcony w/green belt views & storage closet. Features built-in office area, freshly painted interior, in-unit laundry w/front loading washer & dryer, primary bedroom suite w/two walk-in closets & primary bathroom w/an over-sized tub, separate shower stall & dual sinks, hall bathroom w/tub & shower enclosure, secure garage w/two deeded parking spaces & more. The community features a gated front entrance, center count yard w/gas barbecues, jacuzzi, gym & meeting room. Located near the Millbrae Square Shopping Center w/restaurants & shopping and the Millbrae Pancake House. Close to the Millbrae BART station. Respected Millbrae Schools.

Last Agent to Sell the Property

Jeff LaMont

Coldwell Banker Realty License #00921757 Listed on: 06/24/2022

Coldwell Banker Realty

Last Buyer's Agent

The Sharp Group

KW Advisors License #70010101

KW Advisors

Property Details

Home Type

  • Condominium

Year Built

  • 2009

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $607 Monthly HOA Fees

Parking

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

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, common area gas, decks, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • 109 Units
  • Park Broadway, Millbrae Homeowners Assoc Association

Amenities

  • Community Barbecue Grill
  • Sauna
  • Elevator

Recreation

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

2009

Lot Details

0

HOA Fees

$607 per month

Parking

2

Listing Details

  • Zoning: PUD
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Rules
  • Listing Class: Residential
  • Maximum Unit Floor Number: 4
  • Max Numberof Unitsin Building: 109
  • Min Numberof Unitsin Complex: 109
  • Structure Sq Ft: 1619
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2009

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Exhaust Fan, Garbage Disposal, Oven - Gas, Oven - Self Cleaning, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1619
  • Stories: 1
  • Security: Fire Alarm, Secured Garage / Parking, Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Primary - Oversized Tub, Shower Over Tub - 1, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal
  • View: Greenbelt, Neighborhood
  • Yard/Grounds: Balcony / Patio, Bbq Area
  • Fencing: Gate
  • Property Faces: West
  • Pool: Spa - Above Ground, Spa - Gas, Spa - Jetted
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • Complex Name: Park Broadway
  • HOA Fees: 607
  • HOA Amenities: Bbq Area, Community Security Gate, Elevator, Gym / Exercise Facility, Sauna / Spa / Hot Tub
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Park Broadway, Millbrae Homeowners Assoc

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Level

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 16, 2022
Sold by
Lim John H and Lim Semi L
Bought by
Shabu Llc
Seller's Agent
Jeff LaMont
Coldwell Banker Realty
Buyer's Agent
The Sharp Group
KW Advisors
List Price
$1,248,000
Sold Price
$1,240,000
Premium/Discount to List
-$8,000
-0.64%
Views
9
Current Estimated Value
$1,310,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,496
Avg. Annual Appreciation
1.71%
Original Mortgage
$806,000
Outstanding Balance
$760,193
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$550,303

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 20, 2012
Sold by
Greifenberg Berthold
Bought by
Lim John H and Lim Semi L
Seller's Agent
Tamara Silvestri
Coldwell Banker Realty
Buyer's Agent
Jeff LaMont
Coldwell Banker Realty
List Price
$675,000
Sold Price
$679,000
Premium/Discount to List
$4,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$509,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Millbrae Town Plaza Lp
Bought by
Greifenberg Berthold
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
Shabu Llc $1,240,000 First American Title
Lim John H $679,000 Cornerstone Title Company
Greifenberg Berthold $679,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shabu Llc $806,000
Previous Owner Lim John H $509,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2022 09/20/22 Sold $1,240,000 -0.6% $766 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $1,248,000 +83.8% $771 / Sq Ft
03/20/2012 03/20/12 Sold $679,000 -0.4% $419 / Sq Ft View Prior Sale
02/15/2012 02/15/12 Pending -- -- --
02/01/2012 02/01/12 Price Changed $682,000 +1.0% $421 / Sq Ft
02/01/2012 02/01/12 For Sale $675,000 -- $417 / 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 $16,736 $1,290,095 $387,028 $903,067
2023 $16,736 $1,240,000 $372,000 $868,000
2022 $10,238 $803,664 $241,098 $562,566
2021 $10,048 $787,907 $236,371 $551,536
2020 $10,033 $779,829 $233,948 $545,881
2019 $9,755 $764,539 $229,361 $535,178
2018 $9,651 $749,549 $224,864 $524,685
2017 $9,444 $734,853 $220,455 $514,398
2016 $9,341 $720,445 $216,133 $504,312
2015 $9,291 $709,624 $212,887 $496,737
2014 $9,099 $695,724 $208,717 $487,007
Source: Public Records

Agents Affiliated with this Home

  • Jeff LaMont

    Seller's Agent in 2022

    Jeff LaMont

    Coldwell Banker Realty

    (650) 740-8808

    2 in this area

    71 Total Sales

    Jeff LaMont
    Section Image
  • The Sharp Group

    Buyer's Agent in 2022

    The Sharp Group

    KW Advisors

    (650) 766-5333

    1 in this area

    153 Total Sales

    The Sharp Group
    Section Image

  • T

    Seller's Agent in 2012

    Tamara Silvestri

    Coldwell Banker Realty

See All Agents

About Park Broadway

Map

Source: MLSListings

MLS Number: ML81897871

MLSListings

APN: 104-680-560

California San Mateo County Millbrae 94030 Downtown Millbrae

1388 Broadway Unit 402, Millbrae, CA

Not Listed for Sale

Condos

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