NOT LISTED FOR SALE

261 Elder Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,317,070 - $3,085,000

3 Beds
3 Baths
2,630 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $1,380,000 $525 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $15,222/month

14 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Recreation Room
  • Spring Valley Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of February 2013

Mediterranean Home with the spirit of old world charm. Tri-level floor plan & large backyard. Dramatic Mezzanine which leads you to the living rm with fireplace, exposed beams, wrought iron lattice & artistic ceiling. Formal dining rm perfect for all family gatherings. Gourmet kitchen boasting a huge center island with high-end appliances keeping the tradition of everyday living intact.

Last Agent to Sell the Property

Dan Gilmartin

Gilmartin Group License #01220872 Listed on: 01/25/2013

Last Buyer's Agent

Timothy Gilmartin

Gilmartin Group License #00841354

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • Fenced
  • Lot Sloped Up
  • Backyard Sprinklers
  • Zoning described as R100

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Property Views

  • Bay
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 024-136-090

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 524.71
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2630
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 4
  • Map Top Coordinate: B
  • Thomas Bros Page: 728
  • Thomas Brothers: B4
  • Year Built: 1931
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Stories: Tri Level
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 2630
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Tile, Hardwood
  • Additional Rooms: Rec/Rumpus Room, Formal Entry, Storage
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Tub with Jets

Exterior Features

  • Pool Description: Pool - No
  • Roof: Tile
  • View: Bay, Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Rear, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 024-136-090
  • List Price per Sq Ft: 494.30
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5400.00
  • Lot Size Area Min Search: 5400.00
  • Maximum Lot Size: 5400.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2017
Sold by
Zhou Zeliang and Cai Jieyu
Bought by
Zhou Zeliang and Cai Jieyu
Current Estimated Value
$2,678,268

Purchase Details

Listed on
Jan 25, 2013
Closed on
Feb 15, 2013
Sold by
Zhang Wenyuan and Kuo Peter C
Bought by
Zhou Zeliang and Cai Jieyu
Seller's Agent
Dan Gilmartin
Gilmartin Group
Buyer's Agent
Timothy Gilmartin
Gilmartin Group
List Price
$1,300,000
Sold Price
$1,380,000
Premium/Discount to List
$80,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
May 20, 2004
Sold by
Johnson Dawn M
Bought by
Kuo Peter C and Zhang Wenyuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1994
Sold by
Johnson Donald R and Johnson Dawn M
Bought by
Johnson Donald R and Johnson Dawn M

Purchase Details

Closed on
Oct 27, 1993
Sold by
Va
Bought by
Johnson Donald R and Johnson Dawn M
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
Zhou Zeliang -- None Available
Zhou Zeliang $1,334,500 Chicago Title Company
Kuo Peter C $1,005,000 First American Title Company
Johnson Donald R -- --
Johnson Donald R -- --
Johnson Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuo Peter C $804,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $1,380,000 +6.2% $525 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $1,300,000 0.0% $494 / Sq Ft
09/03/2012 09/03/12 Rented $4,000 -4.8% --
08/31/2012 08/31/12 Under Contract -- -- --
08/14/2012 08/14/12 For Rent $4,200 -- --
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 $13,780 $1,201,558 $849,679 $351,879
2023 $13,780 $1,070,994 $816,686 $254,308
2022 $12,012 $1,051,779 $800,673 $251,106
2021 $11,898 $1,032,941 $784,974 $247,967
2020 $11,715 $1,023,284 $776,926 $246,358
2019 $11,458 $1,005,005 $761,693 $243,312
2018 $16,863 $1,493,516 $746,758 $746,758
2017 $16,517 $1,464,232 $732,116 $732,116
2016 $16,309 $1,435,522 $717,761 $717,761
2015 $16,197 $1,413,960 $706,980 $706,980
2014 $15,827 $1,386,264 $693,132 $693,132
Source: Public Records

Agents Affiliated with this Home

  • Dan Gilmartin

    Seller's Agent in 2013

    Dan Gilmartin

    Gilmartin Group

    (650) 796-3971

    1 in this area

    44 Total Sales

    Dan Gilmartin
    Section Image
  • Timothy Gilmartin

    Buyer's Agent in 2013

    Timothy Gilmartin

    Gilmartin Group

    (408) 348-5013

    22 Total Sales

    Timothy Gilmartin
    Section Image

  • C

    Seller's Agent in 2012

    Chuck Totah

    J. Wavro Associates

    Section Image
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Map

Source: MLSListings

MLS Number: ML81302323

MLSListings

APN: 024-136-090

California San Mateo County Millbrae 94030 Highlands

261 Elder Ave, Millbrae, CA

Not Listed for Sale

Detached

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