NOT LISTED FOR SALE

320 San Jose Ave Millbrae, CA 94030

Estimated Value: $1,428,906 - $1,617,000

4 Beds
2 Baths
1,847 Sq Ft
$821/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,490,000 $807 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,249/month

14 Days on Market

Highlights

  • 2 Car Attached Garage
  • Taylor Middle School Rated A-
  • Washer and Dryer

About This Home

As of June 2024

Welcome to 320 San Jose Ave and 321 Pine Street, where two charming homes reside on one expansive lot. Each residence offers the perfect blend of comfort and convenience, featuring 2 bedrooms, 1 bath, and a convenient 1-car garage. Nestled within the tranquil surroundings, both homes boast private backyards, providing a serene retreat for relaxation or outdoor gatherings. Convenience is key, as these homes are ideally situated in close proximity to downtown Millbrae, ensuring easy access to a plethora of amenities including shopping, dining, and entertainment options. Additionally, commuters will appreciate the proximity to SFO, Caltrain and BART, making travel a breeze. 320 San Jose Ave has been thoughtfully updated, offering modern amenities and stylish finishes throughout, promising a turnkey living experience. Moreover, families will delight in the access to award-winning schools, ensuring quality education for all residents. Discover the perfect blend of comfort, convenience, and contemporary living at 320 San Jose Ave and 321 Pine Street. Welcome home.

Last Agent to Sell the Property

Roxanne Susoeff

Christie's International Real Estate Sereno License #01019941 Listed on: 05/01/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Jiajiong Dong

Alliance Bay Realty License #02235353

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 1,999

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,847 Sq Ft Home
  • Crawl Space
  • Washer and Dryer

Additional Features

  • 1,999 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $81,600

Community Details

Overview

  • 1,847 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Operating Expense $20,841
  • Gross Income $79,152

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1847
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Living Sq Ft: 1847
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tar And Gravel

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2000.00

Rental Info

  • Existing Lease Term(s): Building Vacant, Month To Month
  • Gross Rent Multiplier: 17.16
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 1000
  • Expenses Total: 20841
  • Income Annual Gross: 79152.00
  • Income Annual Rental: 81600
  • Income Gross Scheduled: 81600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 11, 2024
Sold by
Ribero Roxanne and Campos Osvaldo
Bought by
Li Jianfeng
Seller's Agent
Roxanne Susoeff
Christie's International Real Estate Sereno
Buyer's Agent
Jiajiong Dong
Alliance Bay Realty
List Price
$1,400,049
Sold Price
$1,490,000
Premium/Discount to List
$89,951
6.42%
Views
32
Current Estimated Value
$1,516,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,227
Avg. Annual Appreciation
1.15%
Original Mortgage
$1,184,000
Outstanding Balance
$1,172,113
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$344,114

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 29, 2015
Sold by
Cabral Jeanne D and Genochio Philip H
Bought by
Campos Osvaldo and Ribero Roxanne
Seller's Agent
Bob Marshall
Marshall Realty
Buyer's Agent
Anne Oliva
Marshall Realty
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$720,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Cabral Jeanne D
Bought by
Cabral Jeanne D and Genochio Philip H

Purchase Details

Closed on
Aug 12, 2004
Sold by
Cabral Jeanne D
Bought by
Cabral Jeanne D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Li Jianfeng $1,480,000 Lawyers Title Company
Campos Osvaldo $1,000,000 Fidelity National Title Co
Cabral Jeanne D -- None Available
Cabral Jeanne D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jianfeng $1,184,000
Previous Owner Campos Osvaldo $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $1,490,000 +6.4% $807 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,400,049 +40.0% $758 / Sq Ft
10/05/2015 10/05/15 Sold $1,000,000 +0.1% $534 / Sq Ft View Prior Sale
09/03/2015 09/03/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $999,000 -- $533 / 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 $15,933 $1,509,600 $1,162,800 $346,800
2023 $15,933 $1,137,825 $910,262 $227,563
2022 $12,851 $1,115,515 $892,414 $223,101
2021 $12,707 $1,093,643 $874,916 $218,727
2020 $12,503 $1,082,430 $865,945 $216,485
2019 $12,211 $1,061,207 $848,966 $212,241
2018 $11,974 $1,040,400 $832,320 $208,080
2017 $11,704 $1,020,000 $816,000 $204,000
2016 $11,633 $1,000,000 $800,000 $200,000
2015 $4,425 $354,344 $160,864 $193,480
2014 $4,332 $347,405 $157,714 $189,691
Source: Public Records

Agents Affiliated with this Home

  • Roxanne Susoeff

    Seller's Agent in 2024

    Roxanne Susoeff

    Sereno Group

    (650) 291-1964

    2 in this area

    9 Total Sales

    Roxanne Susoeff
    Section Image

  • J

    Buyer's Agent in 2024

    Jiajiong Dong

    Alliance Bay Realty

  • B

    Seller's Agent in 2015

    Bob Marshall

    Marshall Realty

    Section Image

  • A

    Buyer's Agent in 2015

    Anne Oliva

    Marshall Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81963783

MLSListings

APN: 021-304-070

California San Mateo County Millbrae 94030

320 San Jose Ave, Millbrae, CA

Not Listed for Sale

MultiFamily

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