NOT LISTED FOR SALE

Estimated Value: $1,881,000 - $2,480,000

2 Beds
2 Baths
1,540 Sq Ft
$1,360/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $1,450,000 $942 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,604/month

22 Days on Market

Highlights

  • Wood Flooring
  • Jetted Tub in Primary Bathroom
  • 2 Car Attached Garage
  • Meadows Elementary School Rated A-
  • Open to Family Room
  • Combination Dining and Living Room

About This Home

As of August 2017

Rarely available corner home excellent location in Millbrae Highland. Well maintained large 2 bedroom 2 bath home. Large master bathroom equipped with Jacuzzi tub and large shower. Hardwood flooring, double paned windows. Open floor plan direct access to backyard for entertaining guests. Quite neighborhood easy access to freeway and downtown Millbrae. Tenant had given 60 days notice to vacate the property. Possibility deliver vacant when close of escrow. Buyer should verify all data and do their inspection to satisfy themselves in buying the property. Sellers are doing a 1031 tax defer exchange with no additional cost to buyer.

Last Agent to Sell the Property

Patrick Chan

BestSellers Realty License #01134927 Listed on: 06/12/2017

Last Buyer's Agent

Cristina Weglinski

Avant Properties License #01725400

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,401 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 024-022-070

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1540
  • Year Built: 1946
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: Dishwasher, Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1540
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Tub with Jets, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Fencing: Fenced Back
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 024-022-070
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Rental Info

  • Current Rent: 2980

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 28, 2017
Sold by
Lee Pak Yat and Situ Dinghuang
Bought by
Mou Kenny and Luo Larissa
Seller's Agent
Patrick Chan
BestSellers Realty
Buyer's Agent
Cristina Weglinski
Avant Properties
List Price
$1,230,000
Sold Price
$1,450,000
Premium/Discount to List
$220,000
17.89%
Current Estimated Value
$2,094,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,402
Avg. Annual Appreciation
4.49%
Original Mortgage
$942,500
Outstanding Balance
$797,623
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,296,779

Purchase Details

Closed on
Jun 11, 2007
Sold by
Ao Man Cheng
Bought by
Lee Pak Yat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Schmidt Anthony Caprini and Caprini Theresa R
Bought by
Siu Franco C and Wong Siu Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.96%

Purchase Details

Closed on
Apr 20, 2001
Sold by
Schmidt Anthony Caprini
Bought by
Schmidt Anthony Caprini and Caprini Theresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 8, 1995
Sold by
Robinson Lloyd E and Robinson Janice M
Bought by
Schmidt Anthony Caprini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mou Kenny $1,450,000 Stewart Title Of Ca Inc
Lee Pak Yat -- Stewart Title Of Ca Inc
Lee Pak Yat -- Alliance Title Company
Lee Pak Yat $928,000 Alliance Title Company
Siu Franco C $715,000 Fidelity National Title
Schmidt Anthony Caprini -- Chicago Title Co
Schmidt Anthony Caprini $340,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mou Kenny $942,500
Previous Owner Lee Pak Yat $724,400
Previous Owner Siu Franco C $572,000
Previous Owner Schmidt Anthony Caprini $390,000
Previous Owner Schmidt Anthony Caprini $140,000
Closed Siu Franco C $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $1,450,000 +17.9% $942 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $1,230,000 -- $799 / 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 $19,572 $1,649,846 $1,154,893 $494,953
2023 $19,572 $1,585,784 $1,110,049 $475,735
2022 $17,603 $1,554,691 $1,088,284 $466,407
2021 $17,404 $1,524,208 $1,066,946 $457,262
2020 $17,119 $1,508,580 $1,056,006 $452,574
2019 $16,711 $1,479,000 $1,035,300 $443,700
2018 $16,381 $1,450,000 $1,015,000 $435,000
2017 $11,911 $1,050,278 $525,139 $525,139
2016 $11,758 $1,029,686 $514,843 $514,843
2015 $11,678 $1,014,220 $507,110 $507,110
2014 $10,665 $928,000 $464,000 $464,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81655603

MLSListings

APN: 024-022-070