$1,400,000
SOLD SEP 23, 2025

31 Spruce St Millbrae, CA 94030

5 Beds
2.5 Baths
2,156 Sq Ft
3,994 Sq Ft Lot

Recently Sold

$649 Per Sq Ft

10% Above List Price

11 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Back Yard
  • Taylor Middle School Rated A-
  • Dining Area

About This Home

As of September 2025

This duplex-style Millbrae home offers an exceptional investment opportunity in a highly desirable location. Ideally situated near top-rated schools, parks, shopping, dining, public transportation, SFO airport, etc. This well-maintained property features two fully independent living spaces, perfect for owner-occupants, extended families, multi-generational living, or savvy investors. The upper unit includes 3 bedrooms / 1.5 bathrooms, while the lower unit offers 2 bedrooms / 1 bathroom, each with its own kitchen, living area, & private entry. The flexible layout provides strong rental income potential or the ability to live in one unit while renting the other. Located in a walkable neighborhood with easy access to BART, Caltrain, and major freeways, residents enjoy the best of suburban comfort and urban convenience. This home offers unlimited potential to make it truly your own, featuring a well-designed floor plan that provides both flexibility and functionality. Large windows allow for lots of light. The spacious backyard is a true highlight, featuring both a generous patio & a wide lawn area. Whether you're looking to expand your investment portfolio or secure a flexible living arrangement, this duplex-style home is a standout opportunity in Millbrae's competitive market.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 08/08/2025

Last Buyer's Agent

Stanley Lo

Green Banker Realty License #00874415 Listed on: 08/08/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 3,994 Sq Ft Lot
  • Back Yard
  • Zoning described as R20000

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Balcony
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 021-302-270

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2156
  • Year Built: 1958
  • Zoning Description: R20000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2156
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

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

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 021-302-270
  • Lot Acres: 0.0917
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3993.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3993.00

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
Aug 8, 2025
Closed on
Sep 19, 2025
Sold by
Fu Yongquan
Bought by
Xue Yuexia
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$1,278,000
Sold Price
$1,400,000
Premium/Discount to List
$122,000
9.55%
Views
20
Current Estimated Value
$1,368,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,923
Avg. Annual Appreciation
-8.81%
Original Mortgage
$980,000
Outstanding Balance
$979,136
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$388,941

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 10, 2025
Sold by
Mildred Venegas Trust and Venegas Mildred E
Bought by
Xue Yuexia
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Stanley Lo
Green Banker Realty
List Price
$1,278,000
Sold Price
$1,400,000
Premium/Discount to List
$122,000
9.55%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$979,136
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$388,941

Purchase Details

Closed on
Nov 18, 1999
Sold by
Venegas Mildred E
Bought by
Venegas Mildred E
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 Type Sale Price Title Company
Deed -- Orange Coast Title Company
Grant Deed $1,400,000 Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $1,400,000 +9.5% $649 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $1,278,000 -- $593 / 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 $5,667 $318,856 $152,318 $166,538
2023 $5,667 $306,476 $146,404 $160,072
2022 $3,583 $300,468 $143,534 $156,934
2021 $3,544 $294,577 $140,720 $153,857
2020 $3,489 $291,558 $139,278 $152,280
2019 $3,411 $285,843 $136,548 $149,295
2018 $3,347 $280,239 $133,871 $146,368
2017 $3,203 $274,746 $131,247 $143,499
2016 $3,153 $269,360 $128,674 $140,686
2015 $3,131 $265,315 $126,742 $138,573
2014 $3,062 $260,119 $124,260 $135,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82017449

MLSListings

APN: 021-302-270