NOT LISTED FOR SALE

261 Palm Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,320,130 - $3,156,000

3 Beds
2.5 Baths
1,970 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $1,633,000 $829 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,526/month

7 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Formal Dining Room
  • Spring Valley Elementary School Rated A-
  • Breakfast Area or Nook
  • 4-minute walk to Millbrae Spur Trail

About This Home

As of December 2016

Welcome to this split level Spanish style 3 bedroom, 2 bath home featuring refinished hardwood floors, freshly painted inside and out, large light filled living room with wood burning fireplace, formal dining room with sliding glass doors that walk you out to the back deck and large back yard. Sunny kitchen with ample white cabinets, white title counter tops, new title floor and large kitchen nook. Not to be missed is the family room with half bath, 2 large light filled bedrooms upstairs, one additional bedroom with full bath perfect for guests. Located in the heart of Millbrae walk to downtown for shopping or dinning. Close to parks, awarding winning schools and transportation.

Last Agent to Sell the Property

Marla Perego

Coldwell Banker Realty License #01414560 Listed on: 11/07/2016

Coldwell Banker Realty

Last Buyer's Agent

Quirina Buchwald

Coldwell Banker Realty License #01882444

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 5,532 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R10006

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,970 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Range Hood
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 024-134-070

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 1970
  • Incorporated: Yes
  • Year Built: 1931
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Tile, Hood Over Range, Oven Range - Electric, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1970
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage
  • Carport Min: 1

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 024-134-070
  • Lot Acres: 0.1270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5519.05
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5519.05

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
Nov 7, 2016
Closed on
Dec 6, 2016
Sold by
Tehrani Dominique
Bought by
Liu Fei and Liu Xingxin
Seller's Agent
Marla Perego
Coldwell Banker Realty
Buyer's Agent
Quirina Buchwald
Coldwell Banker Realty
List Price
$1,475,000
Sold Price
$1,633,000
Premium/Discount to List
$158,000
10.71%
Current Estimated Value
$2,640,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,783
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,306,400
Outstanding Balance
$1,062,316
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,578,467

Purchase Details

Closed on
Dec 18, 1995
Sold by
Yamamoto Kuniko
Bought by
Yamamoto Kuniko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liu Fei $1,633,000 North American Title Co Inc
Yamamoto Kuniko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Fei $1,306,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $1,633,000 +10.7% $829 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $1,475,000 -- $749 / 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 $22,249 $1,895,230 $947,615 $947,615
2023 $22,249 $1,821,638 $910,819 $910,819
2022 $20,173 $1,785,920 $892,960 $892,960
2021 $19,945 $1,750,902 $875,451 $875,451
2020 $19,617 $1,732,950 $866,475 $866,475
2019 $19,148 $1,698,972 $849,486 $849,486
2018 $18,769 $1,665,660 $832,830 $832,830
2017 $18,395 $1,633,000 $816,500 $816,500
2016 $4,663 $396,986 $166,530 $230,456
2015 $4,632 $391,024 $164,029 $226,995
2014 $4,529 $383,365 $160,816 $222,549
Source: Public Records

Agents Affiliated with this Home

  • Marla Perego

    Seller's Agent in 2016

    Marla Perego

    Coldwell Banker Realty

    (650) 868-1266

    26 Total Sales

    Marla Perego
    Section Image

  • Q

    Buyer's Agent in 2016

    Quirina Buchwald

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81631069

MLSListings

APN: 024-134-070

California San Mateo County Millbrae 94030 Highlands

261 Palm Ave, Millbrae, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes