NOT LISTED FOR SALE

225 Paramount Dr Millbrae, CA 94030

Green Hills Neighborhood

Estimated Value: $1,943,000 - $2,340,000

4 Beds
2 Baths
2,544 Sq Ft
$853/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $1,362,000 $535 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,138/month

23 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Flooring
  • 1-Story Property
  • Green Hills Elementary School Rated A-
  • Washer and Dryer
  • 3-minute walk to Green Hills Park

About This Home

As of January 2017

This updated and immaculate duplex residence is situated on a level lot and offers an excellent location close to a plethora of downtown amenities! Close to Parks, Churches and Shopping * Award-Winning Millbrae School District * Easy Access to San Francisco International Airport (SFO), Bay Area Rapid Transit (BART), Caltrain, Highway 101 and Interstates 280 & 380 * Just Minutes to Downtown San Francisco

Last Agent to Sell the Property

Debbie Sharp

KW Advisors License #01396790 Listed on: 11/11/2016

KW Advisors

Last Buyer's Agent

Maxine Dumas

Dumas & Company License #00607114

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $780
  • Insurance Expense $1,384
  • Operating Expense $7,289
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2544
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2544
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5225.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5225.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.13
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1384
  • Expense Landscape: 780
  • Expenses Total: 7289
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 17, 2017
Sold by
Buttigieg Anthony J
Bought by
Buttigieg Anthony J and Buttigieg Claudia M
Seller's Agent
Debbie Sharp
KW Advisors
Buyer's Agent
Maxine Dumas
Dumas & Company
List Price
$1,598,000
Sold Price
$1,362,000
Premium/Discount to List
-$236,000
-14.77%
Current Estimated Value
$2,170,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808,171
Avg. Annual Appreciation
5.35%
Original Mortgage
$800,775
Outstanding Balance
$660,100
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,510,071

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 12, 2017
Sold by
Carino Rosemarie
Bought by
Buttigieg Anthony J and Mcclure Debra A
Seller's Agent
Debbie Sharp
KW Advisors
Buyer's Agent
Maxine Dumas
Dumas & Company
List Price
$1,598,000
Sold Price
$1,362,000
Premium/Discount to List
-$236,000
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,775
Outstanding Balance
$660,100
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,510,071

Purchase Details

Closed on
Mar 1, 2008
Sold by
Lehane Lilia D
Bought by
Lehane Lilia D
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
Buttigieg Anthony J -- Lawyers Title Company
Buttigieg Anthony J -- Lawyers Title Company
Buttigieg Anthony J $1,362,000 Lawyers Title Company
Lehane Lilia D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buttigieg Anthony J $800,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $1,362,000 -2.6% $535 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/22/2016 11/22/16 Price Changed $1,398,000 -12.5% $550 / Sq Ft
11/11/2016 11/11/16 For Sale $1,598,000 -- $628 / 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 $20,798 $1,580,712 $1,104,874 $475,838
2023 $20,798 $1,519,332 $1,061,971 $457,361
2022 $17,086 $1,489,543 $1,041,149 $448,394
2021 $16,896 $1,460,337 $1,020,735 $439,602
2020 $16,622 $1,445,364 $1,010,269 $435,095
2019 $16,232 $1,417,024 $990,460 $426,564
2018 $15,915 $1,389,240 $971,040 $418,200
2017 $15,565 $1,360,000 $950,000 $410,000
2016 $5,125 $419,695 $125,900 $293,795
2015 $5,092 $413,391 $124,009 $289,382
2014 $4,984 $405,294 $121,580 $283,714
Source: Public Records

Agents Affiliated with this Home

  • Debbie Sharp

    Seller's Agent in 2017

    Debbie Sharp

    KW Advisors

    (650) 865-8108

    4 Total Sales

    Debbie Sharp
    Section Image
  • Maxine Dumas

    Buyer's Agent in 2017

    Maxine Dumas

    Dumas & Company

    (650) 619-2770

    68 Total Sales

    Maxine Dumas
    Section Image

  • S

    Buyer Co-Listing Agent in 2017

    Sandra Davis

    Davis & Davis Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81631619

MLSListings

APN: 021-276-030

California San Mateo County Millbrae 94030 Green Hills

225 Paramount Dr, Millbrae, CA

Not Listed for Sale

MultiFamily

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