NOT LISTED FOR SALE

Estimated Value: $1,692,000 - $2,415,351

4 Beds
2 Baths
2,111 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $1,215,000 $576 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,964/month

3 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Community Barbecue Grill
  • Spring Valley Elementary School Rated A-
  • Community Playground
  • 3-minute walk to Mosta Grove Millbrae

About This Home

As of June 2014

Prime Westside Millbrae Location. Best Millbrae Schools. Spring Valley Elementary, Taylor Middle School, Mills High School. Private patios and lawn areas fenced for each unit. Single car garages separate for each unit. This mid-Millbrae location is an easy walk to schools and an easy walk to the SPUR Trail for a wonderful exercise routine. Property is being SOLD in its present "AS IS" condition.`

Last Agent to Sell the Property

Dan E. Rogers

Ed Rogers Realtors, Inc. License #00514247 Listed on: 04/09/2014

Last Buyer's Agent

Phil Chen

Sybarite Investments Inc License #01715177

Sybarite Investments Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,607

Year Built

  • 1946

Lot Details

  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,111 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $45,480
  • The owner pays for services - gardener/landscaping

Community Details

Recreation

  • Community Playground

Building Details

  • Gardener Expense $1,920
  • Insurance Expense $1,800
  • Maintenance Expense $1,300
  • Operating Expense $6,532
  • Gross Income $45,480

Additional Features

  • 2,111 Sq Ft Building
  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,607

Year Built

1946

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 68
  • Inspections Reports: Geological/Flood, Pest Control, Sewer/Septic
  • Sale Price Per Sq Ft: 575.56
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2111
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2111
  • Stories: 1
  • Laundry: Gas Hookup, Laundry Area - In All Units, In Garage
  • Flooring: Carpet - Wall To Wall, Hardwood, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Playground, Patio - Private, Bbq Area

Schools

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Ceiling Insulation

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 23.94

Multi Family

  • Expense Insurance: 1800
  • Expense Landscape: 1920
  • Expense Maintenance: 1300
  • Expenses Total: 6532
  • Income Annual Gross: 45480.00
  • Income Annual Rental: 45480
  • Income Gross Scheduled: 45480
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2022
Sold by
Chan Alfred and Chan Lily L
Bought by
Ct Rental Properties Llc
Current Estimated Value
$2,137,088

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jun 2, 2014
Sold by
Bronzini Joseph W
Bought by
Chan Alfred and Tang Lily L
Seller's Agent
Dan E. Rogers
Ed Rogers Realtors, Inc.
Buyer's Agent
Phil Chen
Sybarite Investments Inc
List Price
$1,088,800
Sold Price
$1,215,000
Premium/Discount to List
$126,200
11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$800,775
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1997
Sold by
Jennie Bronzini
Bought by
Bronzini Jennie
Source: Public Records

Range of Values:

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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
Ct Rental Properties Llc -- --
Chan Alfred $1,215,000 Old Republic Title Company
Bronzini Jennie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Alfred $800,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $1,215,000 +11.6% $576 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $1,088,800 -- $516 / 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 $19,607 $1,489,412 $744,706 $744,706
2023 $19,607 $1,431,578 $715,789 $715,789
2022 $16,130 $1,403,508 $701,754 $701,754
2021 $15,918 $1,375,990 $687,995 $687,995
2020 $15,660 $1,361,882 $680,941 $680,941
2019 $15,292 $1,335,180 $667,590 $667,590
2018 $14,994 $1,309,000 $654,500 $654,500
2017 $14,679 $1,283,334 $641,667 $641,667
2016 $14,495 $1,258,172 $629,086 $629,086
2015 $14,397 $1,239,274 $619,637 $619,637
2014 $1,604 $108,162 $39,975 $68,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81411715

MLSListings

APN: 024-256-020