NOT LISTED FOR SALE

318 Beverly Ave Millbrae, CA 94030

Estimated Value: $1,508,000 - $1,668,000

4 Beds
2 Baths
1,720 Sq Ft
$908/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,450,000 $843 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,244/month

25 Days on Market

Highlights

  • Eat-In Kitchen
  • Walk-In Closet
  • Wood Fence
  • Spring Valley Elementary School Rated A-
  • Bathtub with Shower
  • 4-minute walk to Bayside Park

About This Home

As of July 2021

Two houses in one lot. Front house features three bedrooms & one bath. Back unit is a PERMITTED one bedroom, one bath.The sewer lateral was completed with a certificate from the City of Millbrae. New windows, new fireplace, new siding were installed at the back unit. With TOP RATED SCHOOLS & a 15-min walk to the BART station & the GATEWAY, a mixed use development in the same location, this property is a great buy with an upside potential.

Last Agent to Sell the Property

Morgan Qwong

Compass License #70010139 Listed on: 05/27/2021

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1944

Lot Details

  • 5,001 Sq Ft Lot
  • Wood Fence

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1944

Lot Details

0

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1720
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1944

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1720
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Gas Hookup, Inside
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Raised, Wood Frame
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 22, 2021
Sold by
Erazo Bartolome and Erazo Teresa
Bought by
Huang Wan Yi and Wan Yi Huang Trust
Seller's Agent
Morgan Qwong
Compass
List Price
$1,525,000
Sold Price
$1,450,000
Premium/Discount to List
-$75,000
-4.92%
Current Estimated Value
$1,562,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,455
Avg. Annual Appreciation
1.70%
Original Mortgage
$993,000
Outstanding Balance
$901,406
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$661,049

Purchase Details

Closed on
Apr 14, 2004
Sold by
Castellon Wilfredo E and Castellon Martha
Bought by
Erazo Bartolome and Erazo Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1999
Sold by
Castellon Ruben E and Castellon Jorge A
Bought by
Castellon Wilfredo E and Castellon Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 24, 1998
Sold by
Ramon Martin Luis and Berrospi Victoria F
Bought by
Castellon Wilfredo E and Castellon Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%

Purchase Details

Closed on
Nov 24, 1995
Sold by
Martin Luis Ramon
Bought by
Berrospi Victoria F Mejorada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.42%
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
Huang Wan Yi $1,450,000 Chicago Title Company
Erazo Bartolome $587,000 Alliance Title
Castellon Wilfredo E -- Old Republic Title Ins Compa
Castellon Wilfredo E $250,000 Old Republic Title Ins Compa
Berrospi Victoria F Mejorada -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Wan Yi $993,000
Previous Owner Erazo Bartolome $449,000
Previous Owner Castellon Wilfredo E $230,000
Previous Owner Castellon Wilfredo E $200,000
Previous Owner Berrospi Victoria F Mejorada $203,000
Closed Castellon Wilfredo E $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $1,450,000 -4.9% $843 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,525,000 -- $887 / 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 $12,984 $1,023,819 $438,733 $585,086
2023 $12,984 $984,065 $421,698 $562,367
2022 $10,967 $964,771 $413,430 $551,341
2021 $8,962 $771,022 $385,511 $385,511
2020 $8,818 $763,118 $381,559 $381,559
2019 $8,612 $748,156 $374,078 $374,078
2018 $8,444 $733,488 $366,744 $366,744
2017 $8,225 $719,106 $359,553 $359,553
2016 $8,117 $705,006 $352,503 $352,503
2015 $8,062 $694,418 $347,209 $347,209
2014 $7,880 $680,816 $340,408 $340,408
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Morgan Qwong

    Compass

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Map

Source: MLSListings

MLS Number: ML81846100

MLSListings

APN: 024-162-110

California San Mateo County Millbrae 94030

318 Beverly Ave, Millbrae, CA

Not Listed for Sale

Detached

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