NOT LISTED FOR SALE

Estimated Value: $2,199,000 - $2,737,758

6 Beds
6 Baths
4,270 Sq Ft
$567/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $2,047,500 $480 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $15,091/month

58 Days on Market

Highlights

  • 3 Car Attached Garage
  • Secured Garage or Parking
  • Forced Air Heating System
  • Taylor Middle School Rated A-

About This Home

As of May 2021

This home is located at 33 Silva Ave, Millbrae, CA 94030 since 17 February 2021 and is currently estimated at $2,419,440, approximately $566 per square foot. This property was built in 1984. 33 Silva Ave is a home located in San Mateo County with nearby schools including Lomita Park Elementary School, Taylor Middle School, and Mills High School.

Last Agent to Sell the Property

Scott Brody

Multisource License #01331504 Listed on: 02/17/2021

Last Buyer's Agent

Connie Chan

CT Square, Inc License #01228804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,159

Year Built

  • 1984

Lot Details

  • 5,001

Parking

  • 3 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,270 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Additional Features

  • 5,001 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $83,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,294
  • Maintenance Expense $5,410
  • Operating Expense $24,168
  • Gross Income $85,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,159

Year Built

1984

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 37
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Living Sq Ft: 4270
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Mateo Union High

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

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.82
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2294
  • Expense Maintenance: 5410
  • Expenses Total: 24168
  • Income Annual Gross: 85200.00
  • Income Annual Rental: 83400
  • Income Gross Scheduled: 85200
  • Income Includes: Rents
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Mung Chan Connie Yip
Bought by
Connie Y Chan Family Trust
Current Estimated Value
$2,419,440

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 12, 2021
Sold by
Smith Robert R and Moorby Smith Debra
Bought by
Chan Connie Yip Mung
Seller's Agent
Scott Brody
Multisource
Buyer's Agent
Connie Chan
CT Square, Inc
List Price
$2,200,000
Sold Price
$2,047,500
Premium/Discount to List
-$152,500
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,147,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2017
Sold by
Smith Robert M and Moorby Debra K
Bought by
Smith Robert M and Moorby Smith Debra K

Purchase Details

Closed on
Mar 7, 2007
Sold by
Wilson Isobel R
Bought by
Smith Robert M and Moorby Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Connie Y Chan Family Trust -- None Listed On Document
Chan Connie Yip Mung $2,047,500 Old Republic Title Company
Smith Robert M -- None Available
Smith Robert M $1,185,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Connie Yip Mung $1,147,000
Previous Owner Smith Robert M $118,500
Previous Owner Smith Robert M $829,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $2,047,500 -6.9% $480 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $2,200,000 -- $515 / 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 $27,159 $2,216,277 $1,190,674 $1,025,603
2023 $27,159 $2,130,219 $1,144,440 $985,779
2022 $23,744 $2,088,450 $1,122,000 $966,450
2021 $16,935 $1,466,734 $733,367 $733,367
2020 $16,660 $1,451,696 $725,848 $725,848
2019 $16,268 $1,423,232 $711,616 $711,616
2018 $15,950 $1,395,326 $697,663 $697,663
2017 $15,621 $1,367,968 $683,984 $683,984
2016 $15,426 $1,341,146 $670,573 $670,573
2015 $15,321 $1,321,002 $660,501 $660,501
2014 $14,975 $1,295,126 $647,563 $647,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81830217

MLSListings

APN: 021-312-300