NOT LISTED FOR SALE

Estimated Value: $3,797,000 - $5,090,000

5 Beds
6 Baths
5,315 Sq Ft
$824/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $3,850,000 $724 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $27,530/month

70 Days on Market

Highlights

  • Pool and Spa
  • Rooftop Deck
  • Sitting Area In Primary Bedroom
  • Meadows Elementary School Rated A-
  • Bay View
  • Granite Flooring

About This Home

As of September 2022

231 El Bonito Way is a handsome 5,315 SF, 5BR/6BA, modern home located in the Millbrae Highlands. The home has spectacular views of the Airport and Bay. The open floor plan is great for entertaining and features high ceilings, multiple living areas, a sunroom, a rec room, and an outdoor space with swimming pool and hot tub. The oversized master bedroom suite boasts a sitting area, three closets, a spa shower, and jacuzzi. The office can be used as a 6th bedroom, and a en-suite bathroom located on the lower level makes the home perfect for large or multi-generational families. Fantastic location close to 280 with easy access to San Francisco or Silicon Valley. Highly rated schools and #1 high school in San Mateo County, Mills High School college preparatory. Updates to the home include: New Exterior/Interior Paint, Recessed Lighting, New Turf Lawn, New Front Yard Pavers Pavers, New Rear Yard Hardscaping Pavers, 54 Solar Panel System, Built-In Kitchen Wok, Automatic Pool Cover

Last Agent to Sell the Property

Jeremy Lee

Jeremy Lee, Broker License #01951309 Listed on: 06/15/2022

Jeremy Lee, Broker

Last Buyer's Agent

Juliana Lee

JLEE Realty License #00851314

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,642

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 8,195 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Artificial Turf

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,315 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Window Screens
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Storage
  • Bay Views
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Granite

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Soaking Tub in Primary Bathroom
  • Multiple Shower Heads
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Sink Near Laundry
  • 220 Volts In Laundry

Parking

  • 3 Car Garage
  • Enclosed Parking
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Solar owned by seller

Pool

  • Pool and Spa
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 024-062-220

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,642

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Faces: Northeast
  • Other Equipment: Central Vacuum
  • Remodeled/Updated: Yes
  • Remodeled Updated Desc: Bath 0-5YR, Kitchen 6-10YR, Other-Rmks 0-5YR
  • Stories: 3
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 3
  • Fireplace Features: Gas Starter
  • Bedrooms: 5
  • Master Bathroom Features: Double Sinks, Granite, Jetted Tub, Multiple Shower Heads, Shower Stall(s), Soaking Tub, Window
  • Master Bedroom Features: Balcony, Closet, Sitting Room, Walk-In Closet
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Dining Room Features: Formal Area
  • Living Room Features: Cathedral/Vaulted, View
  • Basement: Full
  • Number Of Rooms: 13
  • Appliances: Built-in Gas Oven, Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal, Electric Water Heater, Gas Cook Top, Hood Over Range, Microwave
  • Bathroom Features: Shower Stall(s), Tile, Window
  • Family Room Features: Great Room
  • Flooring: Carpet, Granite, Laminate
  • Interior Amenities: Formal Entry, Skylight(s), Storage Area(s)
  • Kitchen Features: Breakfast Area, Granite Counter, Pantry Closet
  • Laundry Features: Cabinets, Dryer Included, Ground Floor, Sink, Washer Included
  • Lower Level: Bedroom(s), Full Bath(s)
  • Main Level: Dining Room, Full Bath(s), Garage, Living Room, Street Entrance
  • Master Bedroom Dimensions Area: 725
  • Master Bedroom Dimensions Dim: 29x25
  • Master Bedroom Dimensions Len: 29
  • Master Bedroom Dimensions Wid: 25
  • Price Per Square Foot: 724.37
  • Room Type: Dining Room, Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Sun Room
  • Spa Features: Spa/Hot Tub Built-In
  • Square Footage: 5315.00
  • Window Features: Bay Window(s), Dual Pane Full, Window Screens

Exterior Features

  • Construction Materials: Stucco, Wood
  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Exterior Features: Balcony
  • Fencing: Back Yard, Wood
  • Foundation: Concrete
  • Patio And Porch Features: Covered Patio, Uncovered Deck
  • Pool Features: Pool Cover, Pool/Spa Combo
  • Roof: Shingle
  • View: Bay, Other

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Enclosed, EV Charging, Garage Door Opener
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 3.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: 220 Volts in Laundry, Photovoltaics Seller Owned
  • Heating: Central, Fireplace(s), Natural Gas
  • Security Features: Security System Owned
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electric, Natural Gas Connected, Public
  • Water Source: Public

Schools

  • School District: San Mateo

Lot Info

  • Assessor Parcel Number: 024-062-220
  • Lot Features: Grass Artificial, Landscape Back, Landscape Front
  • Lot Size Acres: 0.1881
  • Lot Size Sq Ft: 8195.00
  • Lot Size Units: SqFt
  • Price Per Acre: 20467836.26

Green Features

  • Energy Efficient: Lighting

MLS Schools

  • School District County: San Mateo
  • Senior High School District: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 8, 2022
Sold by
Lee Revocable Trust
Bought by
Michael Engreitz Jesse and Kumari Ray Mridula
Seller's Agent
Jeremy Lee
Jeremy Lee, Broker
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$4,800,000
Sold Price
$3,850,000
Premium/Discount to List
-$950,000
-19.79%
Views
28
Current Estimated Value
$4,378,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,478
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,730,000
Outstanding Balance
$1,654,113
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
$2,724,365

Purchase Details

Closed on
Aug 4, 2015
Sold by
Lee Gordon and Lee Jayne F
Bought by
Lee Revocable Trust and Foo Lee Jayne
Source: Public Records

Range of Values:

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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
Michael Engreitz Jesse $3,850,000 Old Republic Title
Lee Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Engreitz Jesse $1,730,000
Closed Engreitz Jesse Michael $100,000
Previous Owner Lee Gordon J $350,000
Previous Owner Lee Gordon $412,500
Previous Owner Lee Gordon $435,100
Previous Owner Lee Gordon $300,000
Previous Owner Lee Gordon $300,000
Closed Michael Engreitz Jesse $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $3,850,000 -7.9% $724 / Sq Ft
08/04/2022 08/04/22 Price Changed $4,180,000 -7.1% $786 / Sq Ft
07/11/2022 07/11/22 Price Changed $4,500,000 -6.3% $847 / Sq Ft
06/15/2022 06/15/22 For Sale $4,800,000 -- $903 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $44,642 $4,005,540 $2,143,224 $1,862,316
2023 $44,642 $3,850,000 $2,060,000 $1,790,000
2022 $18,311 $1,625,440 $601,233 $1,024,207
2021 $18,103 $1,593,570 $589,445 $1,004,125
2020 $17,805 $1,577,231 $583,401 $993,830
2019 $17,379 $1,546,306 $571,962 $974,344
2018 $17,034 $1,515,988 $560,748 $955,240
2017 $16,684 $1,486,264 $549,753 $936,511
2016 $16,473 $1,457,123 $538,974 $918,149
2015 $16,359 $1,435,237 $530,879 $904,358
2014 $15,983 $1,407,124 $520,480 $886,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422669134

San Francisco Association of REALTORS® MLS

APN: 024-062-220