NOT LISTED FOR SALE

Estimated Value: $1,585,000 - $1,869,000

3 Beds
2 Baths
1,450 Sq Ft
$1,178/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $1,275,000 $879 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,344/month

10 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Capuchino High School Rated A-
  • Balcony
  • 4-minute walk to Buckeye Park

About This Home

As of July 2017

Welcome to 240 Madison Avenue, a perfectly appointed home situated on the most coveted streets in one of San Bruno’s premier neighborhoods, Crestmoor Park 3, also known as the Sheltered Valley for it’s exceptional weather. Enjoy a relaxed California lifestyle in this mid-century rancher offering an updated single level, bright and sunny traditional floor plan. A dramatic double- door entry takes you into the foyer and a combination living-dining area centered by a fireplace. Three large bedrooms, including a master suite with access to the back patio and two full baths. Perfect for entertaining and sure to be a place where friends and family gather, the beautiful kitchen, with wood cabinets, granite counters & stainless steel appliances opens to the dining room & family room with access to the concrete patios for relaxing summer fun. The private, large level back yard with patio areas and a sand box is sheltered by the hillside. Access to all major freeways and conveniences.

Last Agent to Sell the Property

Norma Sayage

Compass License #00823440 Listed on: 06/01/2017

Compass

Last Buyer's Agent

Bali Liu

Legend Real Estate & Finance License #02031414

Legend Real Estate & Finance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,814

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Granite Countertops
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Sustainable
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 019-191-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,814

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1450
  • Year Built: 1957
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1450
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Sustainable Materials, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Low Maintenance
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 019-191-140
  • Lot Acres: 0.1200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5238.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5238.00

Green Features

  • Energy Features: Double Pane Windows

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 1, 2017
Closed on
Jun 27, 2017
Sold by
Celosia 1031 Llc
Bought by
Zhang Chunyan and Cai Quin
Seller's Agent
Norma Sayage
Compass
Buyer's Agent
Bali Liu
Legend Real Estate & Finance
List Price
$1,228,000
Sold Price
$1,275,000
Premium/Discount to List
$47,000
3.83%
Current Estimated Value
$1,708,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,545
Avg. Annual Appreciation
3.58%
Original Mortgage
$1,020,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Kelkar Aditi V
Bought by
Celosia 1031 Llc

Purchase Details

Closed on
Jan 26, 2016
Sold by
Karvir Vikrant M
Bought by
Kelkar Aditi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2003
Sold by
Barsotti Mary
Bought by
Karvir Vikrant M and Kelkar Aditi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1998
Sold by
Barsotti Mary J
Bought by
Barsotti Mary

Purchase Details

Closed on
Jan 31, 1996
Sold by
Barsotti Reno P and Barsotti Mary J
Bought by
Barsotti Reno and Barsotti Mary
Source: Public Records

Range of Values:

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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
Zhang Chunyan $1,275,000 Old Republic Title Company
Celosia 1031 Llc -- Old Republic Title Company
Kelkar Aditi -- Fidelity National Title Co
Karvir Vikrant M $612,500 North American Title Company
Barsotti Mary -- --
Barsotti Reno -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Chunyan $1,020,000
Previous Owner Kelkar Aditi $627,000
Previous Owner Karvir Vikrant M $490,000
Closed Karvir Vikrant M $76,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $1,275,000 +3.8% $879 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $1,228,000 -- $847 / 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 $16,814 $1,450,727 $910,261 $540,466
2023 $16,814 $1,394,395 $874,915 $519,480
2022 $15,159 $1,367,055 $857,760 $509,295
2021 $14,965 $1,340,251 $840,942 $499,309
2020 $14,824 $1,326,510 $832,320 $494,190
2019 $14,582 $1,300,500 $816,000 $484,500
2018 $13,855 $1,275,000 $800,000 $475,000
2017 $8,262 $750,342 $375,171 $375,171
2016 $8,096 $735,630 $367,815 $367,815
2015 $7,989 $724,582 $362,291 $362,291
2014 $7,795 $710,390 $355,195 $355,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81654010

MLSListings

APN: 019-191-140