NOT LISTED FOR SALE

225 Paramount Dr Millbrae, CA 94030

Green Hills Neighborhood

Estimated Value: $1,696,000 - $2,369,307

4 Beds
2 Baths
2,544 Sq Ft
$764/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2017

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

Est. 43% increase in value since last sale

Current estimated payment $12,216 / mo

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

5,227 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 17, 2017
Sold by
Bought by
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
$1,944,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,577
Avg. Annual Appreciation
3.85%
Original Mortgage
$800,775
Outstanding Balance
$660,100
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,284,477

Purchase Details

Listed on
Nov 11, 2016
Closed on
Jan 12, 2017
Sold by
Bought by
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
$1,284,477

Purchase Details

Closed on
Mar 1, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title Company
-- Lawyers Title Company
$1,362,000 Lawyers Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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) 766-5333

    3 Total Sales

    Debbie Sharp
    Section Image
  • Maxine Dumas

    Buyer's Agent in 2017

    Maxine Dumas

    Dumas & Company

    (650) 619-2770

    67 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

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