NOT LISTED FOR SALE

Estimated Value: $3,717,000 - $4,036,000

4 Beds
2.5 Baths
2,810 Sq Ft
$1,378/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $3,100,000 $1,103 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $23,475/month

234 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Bay View
  • Contemporary Architecture
  • Spring Valley Elementary School Rated A-
  • 0.64 Acre Lot
  • Wood Flooring

About This Home

As of May 2019

Great Hillsborough alternative on well over half an acre of lush grounds, this property lies in the highly rated Millbrae School District and is just up the hill from Mills High School! Custom built in 1976 and tastefully updated a few years ago, this luxurious home consists of a grand entryway, formal and informal dining areas, large living and dining rooms with dramatic vaulted ceilings and large windows, chef's kitchen, alcove sitting room, gorgeous hardwood floors, four generous sized bedrooms, two full and one half baths, including grand master suite with walk-in closet and space-age toilet, all in just over 2,800 sq. ft. of living space, plus a huge 3-car garage and plans to convert one space into a 5th bedroom and 4th bath! Beautiful pool, fountain and plenty of space to entertain on the 28,000 sq. ft. (.64 acre) lot! Located on a semi-private driveway with plenty of parking, this is truly a great example of the very best of the Mills Estate!

Last Agent to Sell the Property

Erik Winkler

Remax Capital License #00964405 Listed on: 01/17/2019

Remax Capital

Last Buyer's Agent

Erik Winkler

Remax Capital License #00964405 Listed on: 01/17/2019

Remax Capital

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.64 Acre Lot
  • Zoning described as R10006

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Property Views

  • Bay
  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,810 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 024-412-200

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2810
  • Incorporated: Yes
  • Year Built: 1976
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 2810
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Heated - Solar, Pool - In Ground, Spa - In Ground
  • Roof: Composition
  • View: Bay, Hills, Neighborhood
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Views
  • Parcel Number: 024-412-200
  • Lot Acres: 0.6428
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 28000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 10, 2019
Sold by
Zhu Wenxin and Dai Hong
Bought by
Kwan Dong and Dong Monica
Seller's Agent
Erik Winkler
Remax Capital
Buyer's Agent
Erik Winkler
Remax Capital
List Price
$2,970,000
Sold Price
$3,100,000
Premium/Discount to List
$130,000
4.38%
Current Estimated Value
$3,872,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,400
Avg. Annual Appreciation
3.42%
Original Mortgage
$200,000
Outstanding Balance
$180,518
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,691,882

Purchase Details

Listed on
Jul 23, 2015
Closed on
Aug 12, 2015
Sold by
Lambertson Susan J
Bought by
Zhu Wenxin and Dai Hong
Seller's Agent
Deanna Reudy
Golden Gate Sotheby's International Realty
Buyer's Agent
Olivia Lee
RE/MAX Gold
List Price
$2,499,000
Sold Price
$2,620,000
Premium/Discount to List
$121,000
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Mar 27, 2007
Sold by
Lambertson Susan J
Bought by
Lambertson Susan J
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
Kwan Dong $3,100,000 North American Title Co Inc
Zhu Wenxin $2,620,000 Lawyers Title Company Of Ca
Lambertson Susan J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Dong $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2019 05/23/19 Sold $3,100,000 +4.4% $1,103 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
08/09/2018 08/09/18 For Sale $2,970,000 +13.4% $1,057 / Sq Ft
08/12/2015 08/12/15 Sold $2,620,000 +4.8% $970 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $2,499,000 -- $926 / 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 $38,967 $3,458,105 $2,342,588 $1,115,517
2023 $38,967 $3,323,824 $2,251,623 $1,072,201
2022 $36,544 $3,258,652 $2,207,474 $1,051,178
2021 $36,127 $3,194,758 $2,164,191 $1,030,567
2020 $35,529 $3,162,000 $2,142,000 $1,020,000
2019 $32,363 $2,891,436 $1,390,182 $1,501,254
2018 $31,718 $2,834,743 $1,362,924 $1,471,819
2017 $30,393 $2,711,160 $1,336,200 $1,374,960
2016 $29,592 $2,620,000 $1,310,000 $1,310,000
2015 $5,076 $437,309 $64,386 $372,923
2014 $4,962 $428,743 $63,125 $365,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81735650

MLSListings

APN: 024-412-200