NOT LISTED FOR SALE

157 Laurel Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $1,752,000 - $2,358,000

6 Beds
2 Baths
3,184 Sq Ft
$674/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $2,195,000 $689 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,091/month

12 Days on Market

Highlights

  • Wood Flooring
  • Beamed Ceilings
  • Washer and Dryer
  • Spring Valley Elementary School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Mosta Grove Millbrae

About This Home

As of July 2024

Welcome to 157 Laurel Ave, located in the highly sought-after westside Millbrae neighborhood. This exceptional duplex offers a rare opportunity to enjoy the benefits of two separate homes. Perfect for extended family living or generating additional rental income, each unit features 3 bedrooms. Main Features: #157, 3 BRs, 1 BATH, dining room, enclosed garage with laundry hookups. #157A, 3 BRs, 1.5 BATHs, updated kitchen, enclosed garage with laundry hookups. The rear unit boasts an additional half bathroom and a modernized kitchen, making it perfect for contemporary living. Both units are designed to feel like independent homes, offering privacy and ample space. This property is an excellent investment in a prime location, ideal for families seeking a welcoming community or investors looking for rental income opportunities. Walking distance to Millbrae High School and the scenic Millbrae Spur Trail park. Close proximity to Millbrae Ave, making Highway 101 easily accessible. Don't miss the chance to own a piece of Millbrae's charm at 157 Laurel Ave. Schedule your viewing today!

Last Agent to Sell the Property

John Gieseker

Intero Real Estate Services License #00768503 Listed on: 05/21/2024

Intero Real Estate Services

Last Buyer's Agent

Connie Chan

Prime Metropolis Prop., Inc. License #01432945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,958

Year Built

  • 1940

Lot Details

  • 5,998 Sq Ft Lot

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,184 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Oven or Range
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

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

Community Details

  • 3,184 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,958

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 84
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3184
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Oven Range, Varies By Unit
  • Living Sq Ft: 3184
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Metal

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

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

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 5, 2024
Sold by
Bellotti Living Trust and Bellotti Louis
Bought by
2019 Wong And Voong Family Revocable Living T and Wong
Seller's Agent
John Gieseker
Intero Real Estate Services
Buyer's Agent
Connie Chan
Prime Metropolis Prop., Inc.
List Price
$2,195,000
Sold Price
$2,195,000
Views
10
Current Estimated Value
$2,147,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,688
Avg. Annual Appreciation
-1.89%
Original Mortgage
$1,317,000
Outstanding Balance
$1,302,280
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$845,032

Purchase Details

Closed on
Sep 26, 2000
Sold by
Bellotti Louis G
Bought by
Bellotti Louis G and Bellotti Dorann M
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
2019 Wong And Voong Family Revocable Living T $2,195,000 Orange Coast Title
Bellotti Louis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2019 Wong And Voong Family Revocable Living T $1,317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $2,195,000 0.0% $689 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $2,195,000 -- $689 / 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 $4,958 $2,195,000 $1,690,000 $505,000
2023 $4,958 $170,093 $47,096 $122,997
2022 $2,304 $166,759 $46,173 $120,586
2021 $2,249 $163,490 $45,268 $118,222
2020 $2,219 $161,814 $44,804 $117,010
2019 $2,176 $158,642 $43,926 $114,716
2018 $2,140 $155,532 $43,065 $112,467
2017 $2,017 $152,483 $42,221 $110,262
2016 $1,984 $149,494 $41,394 $108,100
2015 $1,971 $147,250 $40,773 $106,477
2014 $1,933 $144,367 $39,975 $104,392
Source: Public Records

Agents Affiliated with this Home

  • John Gieseker

    Seller's Agent in 2024

    John Gieseker

    Intero Real Estate Services

    (650) 619-2216

    1 in this area

    24 Total Sales

    John Gieseker
    Section Image

  • C

    Buyer's Agent in 2024

    Connie Chan

    Prime Metropolis Prop., Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81966649

MLSListings

APN: 024-261-030

California San Mateo County Millbrae 94030 Highlands

157 Laurel Ave, Millbrae, CA

This home is located at 157 Laurel Ave, Millbrae, CA 94030 since 21 May 2024 and is currently estimated at $2,147,312, approximately $674 per square foot. This property was built in 1940. 157 Laurel Ave is a home located in San Mateo County with nearby schools including Spring Valley Elementary School, Taylor Middle School, and Mills High School.

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