T
Seller's Agent in 2023
Tina Duong
Perisson Real Estate, Inc.
(650) 636-3147
2 in this area
6 Total Sales
161 Laurel Ave Millbrae, CA 94030
Highlands Neighborhood
5
Beds
3
Baths
3,091
Sq Ft
5,998
Sq Ft Lot
Highlights
- Wood Flooring
- Granite Countertops
- Double Pane Windows
- Spring Valley Elementary School Rated A-
- Balcony
- 4-minute walk to Mosta Grove Millbrae
About This Home
As of August 2019Duplex in the highly sought after Westside Highlands of Millbrae. Located on a beautiful tree lined street, walking distance to renowned schools - Spring Valley, Taylor and Mills. 161 Laurel is the front 2 bedroom, 1 bath home approx 1,450 sq ft. Hardwood floors throughout, dual pane windows, wood burning fireplace, separate dining room, private side patio, and a 1 car attached garage. 161A Laurel is the rear attached 3 bedroom 2 bath home approx 1,640 sq. ft. Remodeled kitchen and bathrooms, hardwood and tile flooring and ceiling fans throughout. Dual pane windows, laundry room, private back yard, 1 car attached garage with additional storage space. Each home has separate water, gas and electric meters. Dream commute location - minutes to Highways 101 and 280, SFO, Millbrae Station serving BART, Caltrain and SamTrans. Nearby employers include Facebook, Google, and Oracle. This property is a great opportunity for family multi-generational living or investment purposes.
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #01946083 Listed on: 07/08/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,921
Year Built
- 1938
Lot Details
- 5,998 Sq Ft Lot
- Fenced
- Grass Covered Lot
- Back Yard
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,091 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
Kitchen
- Gas Oven
- Range Hood
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
Listing and Financial Details
- Total Actual Rent $70,200
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $400
- Insurance Expense $2,284
- Maintenance Expense $1,500
- Other Expense $1,200
- Operating Expense $16,883
- Gross Income $70,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2019
Closed on
Aug 19, 2019
Sold by
Sparelic Kathleen and Sparelic Maryann
Bought by
Wong Duong Tina and Hy Dong Jimmy Quoc
Seller's Agent
Marti Meyer
Christie's International Real Estate Sereno
Buyer's Agent
Michael Ferguson
Christie's International Real Estate Sereno
List Price
$2,098,000
Sold Price
$1,880,000
Premium/Discount to List
-$218,000
-10.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,248
Avg. Annual Appreciation
3.53%
Original Mortgage
$122,000
Outstanding Balance
$107,752
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$2,202,333
Purchase Details
Closed on
Mar 20, 2012
Sold by
Sparelic Kathleen and Sparelic Maryann
Bought by
Sparelic Kathleen and Sparelic Maryann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,880,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $122,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2023 02/08/23 | Rented | $4,200 | +2.4% | -- |
| 02/07/2023 02/07/23 | Under Contract | -- | -- | -- |
| 02/01/2023 02/01/23 | For Rent | $4,100 | 0.0% | -- |
| 08/28/2019 08/28/19 | Sold | $1,880,000 | -10.4% | $608 / Sq Ft |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 07/08/2019 07/08/19 | For Sale | $2,098,000 | -- | $679 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $25,921 | $2,082,625 | $984,280 | $1,098,345 |
| 2023 | $25,921 | $2,001,756 | $946,060 | $1,055,696 |
| 2022 | $22,266 | $1,962,507 | $927,510 | $1,034,997 |
| 2021 | $21,981 | $1,924,027 | $909,324 | $1,014,703 |
| 2020 | $21,351 | $1,880,000 | $900,000 | $980,000 |
| 2019 | $11,726 | $1,013,380 | $506,690 | $506,690 |
| 2018 | $11,499 | $993,510 | $496,755 | $496,755 |
| 2017 | $11,237 | $974,030 | $487,015 | $487,015 |
| 2016 | $11,095 | $954,932 | $477,466 | $477,466 |
| 2015 | $11,020 | $940,590 | $470,295 | $470,295 |
| 2014 | $10,774 | $922,166 | $461,083 | $461,083 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2019
Marti Meyer
Sereno Group
(831) 227-1268
28 Total Sales
-
Seller Co-Listing Agent in 2019
Michael Ferguson
Sereno Group
(408) 206-3430
25 Total Sales
Map
Source: MLSListings
MLS Number: ML81758676
APN: 024-261-020
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