NOT LISTED FOR SALE

3 Spring Valley Ln Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $3,664,000 - $4,206,453

5 Beds
2.5 Baths
2,810 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $1,655,000 $589 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $23,147/month

25 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • Deck
  • Spring Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of July 2013

Spectacular view home on almost 1/2 acre lot, private and quiet, yet minutes from freeway and shops. The large and bright living room offers Bay views with floor to ceiling windows and deck.Separate dining room with views of side garden, kitchen with granite counters adjacent to the family room, 5 bedrooms, expansive views, 2 decks, front, side and back yard,wine cellar, 2 car garage, top schools.

Last Agent to Sell the Property

Lizi Tabet

Compass License #01511275 Listed on: 05/13/2013

Compass

Last Buyer's Agent

Margarite Jimenez

Clay Herman Realtor, Inc. License #01030808

Clay Herman Realtor, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,810 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bay Views

Kitchen

  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 024-212-030

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 588.97
  • Listing Class: Residential
  • Structure Sq Ft: 2810
  • Incorporated: Yes
  • Map Book Page: 728
  • Map Side Coordinate: 5
  • Map Top Coordinate: A
  • Thomas Bros Page: 728
  • Thomas Brothers: A5
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher, Refrigerator, Oven - Built-In, Oven Range - Built-In
  • Living Sq Ft: 2810
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Formal Entry, Wine Cellar / Storage
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tar and Gravel
  • View: Bay
  • Yard/Grounds: Gazebo, Patio(s), BBQ Area, Deck, Fenced

Garage/Parking

  • Garage Spaces: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Lot Info

  • Parcel Number: 024-212-030
  • List Price per Sq Ft: 603.20
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21780.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 21780.00
  • Lot Size Area Min Search: 21780.00
  • Maximum Lot Size: 21780.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Hsu Vivien and Vivien Hsu Revocable Trust
Bought by
Hsu Vivien and The Vivien Hsu Revocable Trust
Current Estimated Value
$3,924,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Outstanding Balance
$2,067,821
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,856,292

Purchase Details

Closed on
Oct 19, 2015
Sold by
Tsai Vivien and Hsu Vivien
Bought by
Vivien Hsu Revocable Trust and Hsu Vivien

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 16, 2013
Sold by
Reiten Susan R and Reiten Mark
Bought by
Tsai Vivien
Seller's Agent
Lizi Tabet
Compass
Buyer's Agent
Margarite Jimenez
Clay Herman Realtor, Inc.
List Price
$1,695,000
Sold Price
$1,655,000
Premium/Discount to List
-$40,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Caine Ronald
Bought by
Caine Ronald

Purchase Details

Closed on
Nov 10, 1999
Sold by
Mark Reiten and Renee Hutcheson Susan
Bought by
Reiten Mark and Hutcheson Susan Renee

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
7.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 25, 1997
Sold by
Takehiko Tsurukawa
Bought by
Reiten Mark and Hutcheson Susan Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.43%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Mcgann Mark K
Bought by
Tsurukawa Takehiko and Tsurukawa Etsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
9.23%
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
Hsu Vivien -- Old Republic Title Company
Vivien Hsu Revocable Trust -- None Available
Tsai Vivien -- None Available
Tsai Vivien $1,655,000 Fidelity National Title Co
Caine Ronald -- None Available
Reiten Mark -- Commonwealth Land Title Ins
Reiten Mark $575,000 Old Republic Title Ins Compa
Tsurukawa Takehiko $535,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Vivien $2,310,000
Previous Owner Reiten Mark $600,000
Previous Owner Reiten Mark $460,000
Previous Owner Tsurukawa Takehiko $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $1,655,000 -2.4% $589 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $1,695,000 -- $603 / 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 $31,053 $2,716,938 $1,225,859 $1,491,079
2023 $31,053 $2,611,438 $1,178,258 $1,433,180
2022 $28,846 $2,560,235 $1,155,155 $1,405,080
2021 $28,519 $2,510,035 $1,132,505 $1,377,530
2020 $28,049 $2,484,299 $1,120,893 $1,363,406
2019 $27,378 $2,435,588 $1,098,915 $1,336,673
2018 $26,834 $2,387,833 $1,077,368 $1,310,465
2017 $25,779 $2,290,613 $1,056,244 $1,234,369
2016 $18,367 $1,613,137 $1,035,534 $577,603
2015 $15,468 $1,343,637 $1,019,980 $323,657
2014 $18,920 $1,655,000 $827,500 $827,500
Source: Public Records

Agents Affiliated with this Home

  • Lizi Tabet

    Seller's Agent in 2013

    Lizi Tabet

    Compass

    (415) 990-6070

    45 Total Sales

    Lizi Tabet
    Section Image

  • M

    Buyer's Agent in 2013

    Margarite Jimenez

    Clay Herman Realtor, Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81316217

MLSListings

APN: 024-212-030

California San Mateo County Millbrae 94030 Highlands

3 Spring Valley Ln, Millbrae, CA

Not Listed for Sale

Detached

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