Seller's Agent in 2018
Sonny Tang
Corcoran Icon Properties
(415) 606-8677
1 in this area
64 Total Sales
37 Palm Ave Millbrae, CA 94030
Highlands NeighborhoodEstimated Value: $2,099,000 - $2,450,000
6
Beds
3
Baths
3,432
Sq Ft
$664/Sq Ft
Est. Value
Highlights
- 3 Car Attached Garage
- Forced Air Heating System
- 1-minute walk to Millbrae Spur Trail
- Spring Valley Elementary School Rated A-
About This Home
As of May 2018This marvelous Millbrae Triplex has much to offer, Residing in a highly coveted award winning school district. property sits on a level street, each of the units features 2 bedrooms and 1 bath. 3 individual parking garages along with the additional driveway. A level backyard in the back. two of the units are on the upper level, with the 3rd (Vacant) unit is located behind the garage on the street level, extremely close to restaurants, shops, and markets. easy access to 101, 280, BART and close SFO and San Francisco.
Last Agent to Sell the Property
Sonny Tang
BHG J.F. Finnegan Realtors License #01949981 Listed on: 05/25/2018
Last Buyer's Agent
Sonny Tang
BHG J.F. Finnegan Realtors License #01949981 Listed on: 05/25/2018
Property Details
Home Type
- Multi-Family
Year Built
- 1946
Lot Details
- 5,998 Sq Ft Lot
Parking
- 3 Car Attached Garage
Home Design
- Triplex
- Reinforced Concrete Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 3,432 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Range Hood
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $64,800
Community Details
Overview
Building Details
- 2 Leased Units
- Insurance Expense $2,000
- Utility Expense $1,110
- Trash Expense $3,792
- Operating Expense $16,902
- Gross Income $64,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2018
Closed on
May 21, 2018
Sold by
Chin Michael
Bought by
Xie Julie
Seller's Agent
Sonny Tang
BHG J.F. Finnegan Realtors
Buyer's Agent
Sonny Tang
BHG J.F. Finnegan Realtors
List Price
$1,950,000
Sold Price
$1,928,000
Premium/Discount to List
-$22,000
-1.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,733
Avg. Annual Appreciation
2.15%
Original Mortgage
$1,156,800
Outstanding Balance
$1,006,587
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,271,146
Purchase Details
Listed on
May 25, 2018
Closed on
May 18, 2018
Sold by
Tan Andy N and Wu Tan Patricia J
Bought by
Xie Julie and Fat Xie Jimmy Kwong
Seller's Agent
Sonny Tang
BHG J.F. Finnegan Realtors
Buyer's Agent
Sonny Tang
BHG J.F. Finnegan Realtors
List Price
$1,950,000
Sold Price
$1,928,000
Premium/Discount to List
-$22,000
-1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,156,800
Outstanding Balance
$1,006,587
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,271,146
Purchase Details
Closed on
Mar 24, 2017
Sold by
Tan Andy N and Wu Tan Patricia J
Bought by
Tan Andy N and Wu Tan Patricia J
Purchase Details
Closed on
Feb 26, 2010
Sold by
Mar Waiden G K and Chiu Mar Frances
Bought by
Tan Andy and Wu Tan Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2007
Sold by
Mckenna Brian and Jalilie Michael Shawn
Bought by
Mar Waiden G K and Chiu Mar Frances
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.4%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 13, 2006
Sold by
Jalilie Michael S
Bought by
Jalilie Michael Shawn and Kistler Denise Elaine
Purchase Details
Closed on
Dec 30, 1996
Sold by
Britton John F and Britton Linda M
Bought by
Mckenna Brian and Jalilie Michael S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
4.25%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xie Julie | -- | Chicago Title Co | |
| Xie Julie | $1,928,000 | Chicago Title Co | |
| Tan Andy N | -- | None Available | |
| Tan Andy | $950,000 | First American Title Company | |
| Mar Waiden G K | $1,500,000 | Fidelity National Title Co | |
| Jalilie Michael Shawn | -- | None Available | |
| Mckenna Brian | $385,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xie Julie | $1,156,800 | |
| Previous Owner | Tan Andy | $645,000 | |
| Previous Owner | Mar Waiden G K | $975,000 | |
| Previous Owner | Mckenna Brian | $269,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/25/2018 05/25/18 | Sold | $1,928,000 | 0.0% | $562 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | Sold | $1,928,000 | -1.1% | $562 / Sq Ft | |
| 05/25/2018 05/25/18 | For Sale | $1,950,000 | +1.1% | $568 / Sq Ft | |
| 05/11/2018 05/11/18 | Pending | -- | -- | -- | |
| 04/24/2018 04/24/18 | For Sale | $1,928,000 | -- | $562 / Sq Ft |
Source: MLSListings
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 | $27,584 | $2,193,731 | $1,137,827 | $1,055,904 |
| 2023 | $27,584 | $2,108,547 | $1,093,645 | $1,014,902 |
| 2022 | $23,533 | $2,067,203 | $1,072,201 | $995,002 |
| 2021 | $23,269 | $2,026,671 | $1,051,178 | $975,493 |
| 2020 | $22,890 | $2,005,891 | $1,040,400 | $965,491 |
| 2019 | $22,347 | $1,966,560 | $1,020,000 | $946,560 |
| 2018 | $12,491 | $1,077,728 | $538,864 | $538,864 |
| 2017 | $12,215 | $1,056,598 | $528,299 | $528,299 |
| 2016 | $12,061 | $1,035,882 | $517,941 | $517,941 |
| 2015 | $11,980 | $1,020,324 | $510,162 | $510,162 |
| 2014 | $11,713 | $1,000,338 | $500,169 | $500,169 |
Source: Public Records
Agents Affiliated with this Home
-
Sonny Tang
Map
Source: MLSListings
MLS Number: ML81707134
APN: 024-267-070
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