NOT LISTED FOR SALE

403 Palm Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,386,170 - $2,976,000

4 Beds
3 Baths
2,360 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $3,000,000 $1,271 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,396/month

12 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Breakfast Room
  • Spring Valley Elementary School Rated A-
  • Den
  • 4-minute walk to Central Park

About This Home

As of May 2022

We've all heard home is where the heart is & this gorgeous home is right in the heart of Millbrae. This 4bed /3bath with 2,360 Sq ft has officially hit the market! The gorgeous arch window in the living room is a show stopper & allows for copious amounts of natural light to shine through. 3 bedrooms are on the main level & the bonus space downstairs is perfect for a 4th bedroom, family room or a home gym. Recent renovations to downstairs include new flooring, updated full bath, & laundry area. Take in the gorgeous landscaping flourishing all over, you can imagine yourself basking out in the backyard surrounded by nature galore. Large tandem garage plus additional space allows for plenty of storage room for all of your belongings. Spectacular location down the street from Central Park & a few blocks to downtown shopping, cafes, & near excellent Millbrae schools. Caltrain, Bart, & SFO are minutes away. Your darling dream home awaits you!

Last Agent to Sell the Property

Disen Cai

KW Advisors License #70010134 Listed on: 04/13/2022

KW Advisors

Last Buyer's Agent

Disen Cai

KW Advisors License #70010134 Listed on: 04/13/2022

KW Advisors

Home Details

Home Type

  • Single Family

Year Built

  • 1931

Lot Details

  • 7,379 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room

Kitchen

  • Gas Oven
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Year Built

1931

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2360
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1931

Interior Features

  • Fireplace: Living Room
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2360
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Laundry Room, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street, Tandem Parking

Utilities

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

Schools

  • High School: 659

Lot Info

  • Lot Acres: 0.1694
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7377.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7377.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 12, 2022
Sold by
Lehman Harlan C and Lehman Melinda S
Bought by
Fong Family Trust
Seller's Agent
Disen Cai
KW Advisors
Buyer's Agent
Disen Cai
KW Advisors
List Price
$2,785,000
Sold Price
$3,000,000
Premium/Discount to List
$215,000
7.72%
Current Estimated Value
$2,715,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$284,957
Avg. Annual Appreciation
-2.68%
Original Mortgage
$1,700,000
Outstanding Balance
$1,603,695
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,111,348

Purchase Details

Closed on
Apr 12, 2013
Sold by
Munkdale Sharon Claire and Geesey Nancy Ann
Bought by
Lehman Harlan C and Lehman Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fong Family Trust $3,000,000 First American Title
Lehman Harlan C $1,200,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Family Trust $1,700,000
Previous Owner Lehman Harlan C $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $3,000,000 +7.7% $1,271 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $2,785,000 -- $1,180 / 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 $27,413 $1,417,598 $968,102 $449,496
2023 $27,413 $2,200,000 $968,000 $1,232,000
2022 $15,722 $1,392,476 $696,238 $696,238
2021 $15,543 $1,365,174 $682,587 $682,587
2020 $15,288 $1,351,176 $675,588 $675,588
2019 $14,923 $1,324,684 $662,342 $662,342
2018 $14,627 $1,298,710 $649,355 $649,355
2017 $14,314 $1,273,246 $636,623 $636,623
2016 $14,131 $1,248,282 $624,141 $624,141
2015 $14,033 $1,229,532 $614,766 $614,766
2014 $13,711 $1,205,448 $602,724 $602,724
Source: Public Records

Agents Affiliated with this Home

  • Disen Cai

    Seller's Agent in 2022

    Disen Cai

    KW Advisors

    (650) 622-2156

    21 in this area

    331 Total Sales

    Disen Cai
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Map

Source: MLSListings

MLS Number: ML81886824

MLSListings

APN: 024-101-080

California San Mateo County Millbrae 94030 Highlands

403 Palm Ave, Millbrae, CA

Not Listed for Sale

Detached

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