NOT LISTED FOR SALE

348 Michelle Ln Daly City, CA 94015

Serramonte Neighborhood

Estimated Value: $913,000 - $987,521

2 Beds
2 Baths
1,180 Sq Ft
$803/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $355,000 $301 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,571/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Bonus Room
  • Westborough Middle School Rated A-
  • Living Room with Fireplace
  • 1-minute walk to Hampshire Park

About This Home

As of July 2012

Don't miss this great opportunity! Charming & Cozy townhouse located in the highly desired Serramonte area. Kitchen with granite counter tops. Living room with High Ceilings and fireplace.Bonus room and 1 bathroom downstairs.Laundry in the unit. Close to shopping,dining, freeway, and transportation.

Last Agent to Sell the Property

Lutfallah Khoury

KW Advisors License #01777936 Listed on: 05/03/2012

KW Advisors

Last Buyer's Agent

Dora Padilla

KW Advisors License #01470613

KW Advisors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1990

Lot Details

  • 1,481

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, insurance - common area

Listing and Financial Details

  • Assessor Parcel Number 091-682-140

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,875

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 22
  • Sale Price Per Sq Ft: 300.85
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1180
  • Incorporated: Yes
  • Map Book Page: 707
  • Map Side Coordinate: 3
  • Map Top Coordinate: D
  • Thomas Bros Page: 707
  • Thomas Brothers: D3
  • Year Built: 1990
  • Zoning Description: PD00
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1180
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Heating System: Forced Air, Gas

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Balcony/Patio

Condo/Co-op/Association

  • HOA Fees: 288
  • Association Fees Include: Landscaping / Gardening, Management Fee, Insurance - Common Area
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: South San Francisco Unified

Lot Info

  • Parcel Number: 091-682-140
  • List Price per Sq Ft: 254.83
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1475.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1475.00
  • Lot Size Area Min Search: 1475.00
  • Maximum Lot Size: 1475.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: South San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Jul 20, 2012
Sold by
Lo Dickson Chi Ming
Bought by
Tam Ngan Choi
Seller's Agent
Lutfallah Khoury
KW Advisors
Buyer's Agent
Dora Padilla
KW Advisors
List Price
$289,000
Sold Price
$355,000
Premium/Discount to List
$66,000
22.84%
Current Estimated Value
$947,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,880
Avg. Annual Appreciation
7.79%
Original Mortgage
$177,500
Outstanding Balance
$133,379
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$814,501

Purchase Details

Closed on
Aug 16, 2006
Sold by
Choi Kue Ok and Kim Hyun S Ken
Bought by
Riley Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 27, 2005
Sold by
Illastron Fely R
Bought by
Illastron Roger and Illastron Fely R

Purchase Details

Closed on
Feb 7, 2000
Sold by
Gorospe Juliana G
Bought by
Gorospe Maria Theresa D and Gorospe Lucio

Purchase Details

Closed on
Dec 14, 1998
Sold by
Choi Kue Ok
Bought by
Kim Hyun Seok and Choi Kue Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Kim Hyun Seok
Bought by
Choi Kue Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%

Purchase Details

Closed on
Feb 25, 1998
Sold by
Cynthia Chiem
Bought by
Cam Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Tam Ngan Choi -- First American Title Company
Tam Ngan Choi $355,000 First American Title Company
Riley Mary K $640,000 First American Title Company
Illastron Roger -- Ticor Title Nls Orange
Gorospe Maria Theresa D -- Commonwealth Land Title Ins
Kim Hyun Seok -- Fidelity National Title Co
Choi Kue Ok -- Fidelity National Title Co
Choi Kue Ok $235,000 Fidelity National Title Co
Cam Allan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Ngan Choi $177,500
Previous Owner Riley Mary K $96,000
Previous Owner Riley Mary K $512,000
Previous Owner Kim Hyun S Ken $21,000
Previous Owner Kim Hyun S Ken $400,000
Previous Owner Choi Kue Ok $156,000
Previous Owner Choi Kue Ok $270,000
Previous Owner Kim Hyun Seok $54,400
Previous Owner Domantay Albert A $9,175
Previous Owner Domantay Albert A $14,860
Previous Owner Choi Kue Ok $45,000
Previous Owner Kim Hyun Seok $188,000
Previous Owner Choi Kue Ok $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $355,000 +18.1% $301 / Sq Ft
05/30/2012 05/30/12 Price Changed $300,700 +4.0% $255 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $289,000 -- $245 / 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 $4,875 $437,140 $218,570 $218,570
2024 $4,875 $428,570 $214,285 $214,285
2023 $4,875 $420,168 $210,084 $210,084
2022 $4,699 $411,930 $205,965 $205,965
2021 $4,767 $403,854 $201,927 $201,927
2020 $4,601 $399,714 $199,857 $199,857
2019 $4,598 $391,878 $195,939 $195,939
2018 $4,450 $384,196 $192,098 $192,098
2017 $4,897 $376,664 $188,332 $188,332
2016 $5,230 $369,280 $184,640 $184,640
2015 $4,529 $363,734 $181,867 $181,867
2014 $4,057 $356,610 $178,305 $178,305
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lutfallah Khoury

    KW Advisors

    Section Image

  • D

    Buyer's Agent in 2012

    Dora Padilla

    KW Advisors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81216613

MLSListings

APN: 091-682-140

California San Mateo County Daly City 94015 Serramonte

348 Michelle Ln, Daly City, CA

This home is located at 348 Michelle Ln, Daly City, CA 94015 since 03 May 2012 and is currently estimated at $947,880, approximately $803 per square foot. This property was built in 1990. 348 Michelle Ln is a home located in San Mateo County with nearby schools including Skyline Elementary School, Westborough Middle School, and El Camino High School.

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