NOT LISTED FOR SALE

Estimated Value: $3,764,000 - $4,587,648

5 Beds
4.5 Baths
4,220 Sq Ft
$995/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $2,900,000 $687 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $24,923/month

37 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Meadows Elementary School Rated A-
  • 0.81 Acre Lot
  • Deck

About This Home

As of October 2017

Perched on a peaceful cul-de-sac in Millbrae Villa, this majestic Tudor comes with 4,200 square feet of luxurious living and Oak-studded views. Sitting on an .81 acres of tranquility, the 5 bedroom 4 ½ bath features a 3-car garage, hardwood floors, recessed lighting, a sweeping veranda, and approximately 800 square feet of storage – perfect for an au pair unit, home theater, or recreational room.The stately, pillared entry opens up to approximately 15-foot cathedral ceilings and immediate views of hillside serenity. Lined with windows, the main floor’s communal wing features a spacious living room, formal dining room, gourmet kitchen, and view-studded family room all enjoying direct access to the sun-kissed veranda. The living accommodations include three secondary bedrooms, a private, lower-level suite, and a sumptuous master suite outfitted with dual walk-in closets & direct veranda access.

Last Agent to Sell the Property

Wayne Gomes

Coldwell Banker Realty License #00673914 Listed on: 06/20/2017

Coldwell Banker Realty

Last Buyer's Agent

Wayne Gomes

Coldwell Banker Realty License #00673914 Listed on: 06/20/2017

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.81 Acre Lot
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R10006

Parking

  • 3 Car Attached Garage
  • Enclosed Parking

Property Views

  • Bay
  • Forest
  • Park or Greenbelt

Home Design

  • Post and Beam
  • Tudor Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,220 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Electric Cooktop
  • Range Hood
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 024-211-040

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Listing Class: Residential
  • Structure Sq Ft: 4220
  • Year Built: 1995
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Exhaust Fan, Garbage Disposal, Hood Over Range
  • Living Sq Ft: 4220
  • Bedrooms: Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: In Utility Room
  • Flooring: Hardwood, Wood
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Formal Entry, Laundry Room, Workshop
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Marble, Primary - Sunken Tub, Shower and Tub, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Grid, Foundation Pillars, Post and Beam
  • Roof: Concrete
  • View: Bay, Forest / Woods, Greenbelt
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Deck, Low Maintenance
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Enclosed, Parking Area

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Vaulted Ceiling, Walk-in Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Rolling, Views
  • Parcel Number: 024-211-040
  • Lot Acres: 0.8090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 35242.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 35242.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2018
Sold by
Lee Wayne Gongwei and Lee Xing Huang
Bought by
Lee Wayne Gongwei and Lee Xing Hung
Current Estimated Value
$4,200,412

Purchase Details

Closed on
Dec 13, 2017
Sold by
Lspi Exchange Corp
Bought by
Lee Wayne Gongwei and Lee Xing Huang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,231
Outstanding Balance
$506,501
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,693,911

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 27, 2017
Sold by
Ramseur Walter F
Bought by
Lspi Exchange Corp
Seller's Agent
Wayne Gomes
Coldwell Banker Realty
Buyer's Agent
Wayne Gomes
Coldwell Banker Realty
List Price
$3,300,000
Sold Price
$2,900,000
Premium/Discount to List
-$400,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$1,350,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2017
Sold by
Ramseur Walter F
Bought by
Ramseur Walter F

Purchase Details

Closed on
Jan 2, 2017
Sold by
Ramseur Walter F
Bought by
Ramseur Walter F

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ramseur Walter F and Ramseur Mary G
Bought by
Ramseur Walter F and Ramseur Mary G

Purchase Details

Closed on
Mar 16, 2004
Sold by
Ramseur Walter F and Ramseur Mary G
Bought by
Ramseur Walter F and Ramseur Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2001
Sold by
Ramseur Walter F and Ramseur Mary G
Bought by
Ramseur Walter F and Ramseur Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 24, 1998
Sold by
Ramseur Walter F and Ramseur Mary E
Bought by
Ramseur Walter F and Ramseur Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Ramseur Walter F and Griffin Mary
Bought by
Ramseur Walter F and Ramseur Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.5%

Purchase Details

Closed on
Aug 22, 1996
Sold by
Ramseur Walter F and Griffin Mary
Bought by
Ramseur Walter F and Ramseur Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 8, 1994
Sold by
Griffin Mary E
Bought by
Ramseur Walter F and Ramseur Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Wayne Gongwei -- None Available
Lee Wayne Gongwei -- Old Republic Title Co
Lspi Exchange Corp $2,900,000 Old Republic Title Company
Ramseur Walter F -- None Available
Ramseur Walter F -- None Available
Ramseur Walter F -- Old Republic Title Company
Ramseur Walter F -- --
Ramseur Walter F -- Old Republic Title Company
Ramseur Walter F -- North American Title Co
Ramseur Walter F -- North American Title Co
Ramseur Walter F -- Fidelity National Title Co
Ramseur Walter F -- Fidelity National Title Co
Ramseur Walter F -- --
Ramseur Walter F -- Fidelity National Title Co
Ramseur Walter F -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Wayne Gongwei $602,231
Previous Owner Lspi Exchange Corp $1,350,000
Previous Owner Ramseur Walter F $600,000
Previous Owner Ramseur Walter F $500,000
Previous Owner Ramseur Walter F $438,000
Previous Owner Ramseur Walter F $442,000
Previous Owner Ramseur Walter F $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $2,900,000 -12.1% $687 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $3,300,000 -- $782 / Sq Ft
Source: MLSListings

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 $37,329 $3,299,700 $1,820,524 $1,479,176
2023 $37,329 $3,171,571 $1,749,832 $1,421,739
2022 $34,885 $3,109,384 $1,715,522 $1,393,862
2021 $34,487 $3,048,417 $1,681,885 $1,366,532
2020 $33,917 $3,017,160 $1,664,640 $1,352,520
2019 $33,101 $2,958,000 $1,632,000 $1,326,000
2018 $32,441 $2,900,000 $1,600,000 $1,300,000
2017 $8,690 $767,849 $6,342 $761,507
2016 $8,574 $752,794 $6,218 $746,576
2015 $8,515 $741,487 $6,125 $735,362
2014 $8,321 $726,964 $6,006 $720,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81656757

MLSListings

APN: 024-211-040