NOT LISTED FOR SALE

Estimated Value: $1,194,000 - $1,548,000

3 Beds
3 Baths
1,525 Sq Ft
2.01 Acres

Last Sold May 24, 2013

Last sale price $1,038,000 $681 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,741/month

142 Days on Market

Highlights

  • Unit is on the top floor
  • Bay View
  • Marble Flooring
  • Spring Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • Mediterranean Architecture

About This Home

As of May 2013

NEW - never lived in. The most attractive corner unit in the building with gorgeous views of the Bay. Top floor unit. Granite countertops, marble and hardwood flooring, cherry cabinets. Must see!

Last Agent to Sell the Property

Henry Lam

AGH Management License #01836733 Listed on: 11/16/2012

Last Buyer's Agent

Henry Lam

AGH Management License #01836733 Listed on: 11/16/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,507

Year Built

  • Built in 2010

Lot Details

  • 2.01

Parking

  • 2 Car Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Mediterranean Architecture
  • Slab Foundation

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include management fee, common area electricity, common area gas, garbage, insurance - common area, insurance - liability
  • Mpoa Association

Listing and Financial Details

  • Assessor Parcel Number 024-333-110BV

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,507

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Pets - Restrictions
  • Age: 3
  • Sale Price Per Sq Ft: 680.66
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1525
  • Incorporated: Yes
  • Year Built: 2010
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Oven Range, Oven - Self Cleaning
  • Living Sq Ft: 1525
  • Stories: 1
  • Security: Security Alarm - Owned, Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Hardwood, Marble
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • View: Bay, City Lights

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 421
  • HOA Amenities: Sauna
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Management Fee, Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: MPOA
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: San Mateo Union High
  • Elementary School: Spring Valley Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 736
  • Middle School: 737

Lot Info

  • Parcel Number: 024-333-110BV
  • List Price per Sq Ft: 773.77
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 100000.00
  • Lot Size Area Min Search: 100000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Spring Valley Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 20, 2013
Sold by
Lf George Properties Corp
Bought by
Millbrae Paradise Llc
Seller's Agent
Henry Lam
AGH Management
Buyer's Agent
Henry Lam
AGH Management
List Price
$1,180,000
Sold Price
$1,038,000
Premium/Discount to List
-$142,000
-12.03%
Total Days on Market
142
Current Estimated Value
$1,330,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,817
Avg. Annual Appreciation
2.09%
Original Mortgage
$550,000
Outstanding Balance
$413,283
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$917,534

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 16, 2013
Sold by
Lf George Properties
Bought by
Chang George and Chang Jenny
Seller's Agent
Henry Lam
AGH Management
Buyer's Agent
Henry Lam
AGH Management
List Price
$1,180,000
Sold Price
$1,038,000
Premium/Discount to List
-$142,000
-12.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$413,283
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$917,534

Purchase Details

Closed on
Mar 5, 2013
Sold by
Millbrae Paradise Llc
Bought by
L F George Properties Corp
Source: Public Records

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Range of Values:

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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
Millbrae Paradise Llc -- First American Title Company
Chang George $1,038,000 First American Title Company
L F George Properties Corp $400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang George $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $1,038,000 -12.0% $681 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $1,180,000 +13.7% $774 / Sq Ft
03/01/2013 03/01/13 Off Market $1,038,000 -- --
11/16/2012 11/16/12 For Sale $1,180,000 -- $774 / 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
2023 $15,507 $1,228,578 $368,572 $860,006
2022 $13,739 $1,204,490 $361,346 $843,144
2021 $13,585 $1,180,873 $354,261 $826,612
2020 $13,364 $1,168,766 $350,629 $818,137
2019 $13,048 $1,145,850 $343,754 $802,096
2018 $12,792 $1,123,383 $337,014 $786,369
2017 $12,508 $1,101,356 $330,406 $770,950
2016 $12,349 $1,079,762 $323,928 $755,834
2015 $12,265 $1,063,544 $319,063 $744,481
2014 $11,987 $1,042,711 $312,813 $729,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81241206

MLSListings

APN: 104-730-540