NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,254,000

3 Beds
2 Baths
1,598 Sq Ft
$400/mo HOA Fee

Last Sold September 08, 2020

Last sale price $1,340,000 $839 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $7,429/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • Bay View
  • End Unit
  • Spring Valley Elementary School Rated A-
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of September 2020

Welcome to 225 Vallejo Court. This rarely available and highly sought after Millbrae masterpiece is the perfect place to call home. European kitchen cabinets, amazing vaulted ceilings, fireplace, open floor plan and stunning SF Bay views! This top floor end unit has 3 spacious bedrooms, large closets, 2 updated bathrooms, 2 decks and a 2 car garage! Looks and feels like a single family home. Life is good perched above the Bay.

Last Agent to Sell the Property

Alex Kononoff

Keller Williams Palo Alto License #01387648 Listed on: 07/30/2020

Keller Williams Palo Alto

Last Buyer's Agent

Alex Sobieski

Redfin License #01993164

Redfin

Property Details

Home Type

  • Condominium

Year Built

  • 1977

Lot Details

  • End Unit
  • Grass Covered Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Bay
  • Bridge
  • City Lights
  • Mountain

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Laundry in Utility Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

  • Association fees include common area electricity, common area gas, garbage, insurance - structure, maintenance - common area, maintenance - exterior, water
  • 4 Units
  • Millbrae Vista III Association

Property Details

Home Type

Condominium

Year Built

1977

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Zoning: RMR3PD
  • Subclass: Condominium
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1598
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1977

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Freezer, Hood Over Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1598
  • Stories: 1
  • Laundry: In Utility Room
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Bay, Bridge, City Lights, Mountains
  • Yard/Grounds: Balcony / Patio, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Documents: Cc&rs, Financial Statement
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Water
  • HOA Exist: Yes
  • H O A Name Text: Millbrae Vista III

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • High School: 659

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Corner Unit, End Unit, Top Floor Or Penthouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 18, 2020
Sold by
Heinrich Eleonore
Bought by
Kwan James and Wong Agnes K
Seller's Agent
Alex Kononoff
Keller Williams Palo Alto
Buyer's Agent
Alex Sobieski
Redfin
List Price
$1,250,000
Sold Price
$1,340,000
Premium/Discount to List
$90,000
7.2%
Current Estimated Value
$1,127,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,490
Avg. Annual Appreciation
-3.15%
Original Mortgage
$510,000
Outstanding Balance
$452,406
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$675,104
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
Kwan James $1,340,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan James $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $1,340,000 +7.2% $839 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $1,250,000 -- $782 / 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 $14,091 $1,150,000 $575,000 $575,000
2023 $14,091 $1,394,136 $697,068 $697,068
2022 $15,433 $1,366,800 $683,400 $683,400
2021 $15,257 $1,340,000 $670,000 $670,000
2020 $3,707 $304,417 $60,868 $243,549
2019 $3,547 $298,449 $59,675 $238,774
2018 $3,480 $292,598 $58,505 $234,093
2017 $3,334 $286,861 $57,358 $229,503
2016 $3,283 $281,237 $56,234 $225,003
2015 $3,260 $277,014 $55,390 $221,624
2014 $3,188 $271,588 $54,305 $217,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81803465

MLSListings

APN: 100-590-040