NOT LISTED FOR SALE

1427 Madera Way Millbrae, CA 94030

Mills Estates Neighborhood

Estimated Value: $2,657,000 - $3,040,000

4 Beds
2 Baths
2,140 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $1,960,000 $916 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $16,694/month

12 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • 2 Car Attached Garage
  • Spring Valley Elementary School Rated A-
  • Formal Dining Room
  • Bathtub with Shower

About This Home

As of June 2017

4BR/2BA LOCATED IN MILLS ESTATE WITH PARTIAL BAY VIEWS.ONE STORY, SEPARATE DINING & FAMILY ROOMS, CENTRAL A/C, NEW CARPETING AND NEW PAINT INSIDE, GREAT LOCATION!

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 05/11/2017

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415 Listed on: 05/11/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,140 Sq Ft Home
  • Separate Family Room
  • Formal Dining Room
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 024-462-160

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 2140
  • Incorporated: Yes
  • Year Built: 1964
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2140
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Bay
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Side Slope
  • Parcel Number: 024-462-160
  • Lot Acres: 0.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

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
Jan 29, 2021
Sold by
Ngai Hol Shan and Szeto Jo
Bought by
Ngai Hol Shan and Szeto Jo
Current Estimated Value
$2,778,239

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 7, 2017
Sold by
Mcmannama Bessie V
Bought by
Ngai Hoi Shan and Szeto Jo Jo
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$1,480,000
Sold Price
$1,960,000
Premium/Discount to List
$480,000
32.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$500,000
Outstanding Balance
$402,135
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,376,104
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ngai Hol Shan -- None Available
Ngai Hoi Shan $1,960,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngai Hoi Shan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $1,960,000 +32.4% $916 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $1,480,000 -- $692 / 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 $26,177 $2,274,743 $1,740,877 $533,866
2023 $26,177 $2,186,415 $1,673,278 $513,137
2022 $24,148 $2,143,545 $1,640,469 $503,076
2021 $23,874 $2,101,515 $1,608,303 $493,212
2020 $23,481 $2,079,967 $1,591,812 $488,155
2019 $22,919 $2,039,184 $1,560,600 $478,584
2018 $22,463 $1,999,200 $1,530,000 $469,200
2017 $1,861 $154,164 $42,221 $111,943
2016 $1,827 $151,143 $41,394 $109,749
2015 $1,815 $148,874 $40,773 $108,101
2014 $1,776 $145,959 $39,975 $105,984
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2017

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    10 in this area

    385 Total Sales

    Stanley Lo
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Map

Source: MLSListings

MLS Number: ML81651009

MLSListings

APN: 024-462-160

California San Mateo County Millbrae 94030 Mills Estates

1427 Madera Way, Millbrae, CA

Not Listed for Sale

Detached

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