NOT LISTED FOR SALE

42 Mateo Ave Millbrae, CA 94030

Downtown Millbrae Neighborhood

Estimated Value: $1,738,000 - $2,778,000

6 Beds
4 Baths
3,668 Sq Ft
$641/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $1,100,000 $300 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $14,301/month

5 Days on Market

Highlights

  • Granite Flooring
  • Balcony
  • Level Lot
  • Taylor Middle School Rated A-
  • Forced Air Heating System

About This Home

As of October 2012

REMODELED YOUNG DUPLEX FEELS LIKE 2SPACIOUS TOWNHOUSES FEW BLOCKS TO DOWNTOWN MILLBRAE,NEAR TOP SCHOOLS(MILLS HIGH),BART,CALTRAIN*2mirror image approx1834SF 3bed/2.5bath units,ea w/indoor laundry,private backyards&balconies,laminate&granite floors thruout,fire sprinklers,new roof'06*1 w/1CarGarage;other w/2CarGarage*1tenant thru10/14/2018 $3413/mo w/10%annual increases&1 HAP$2253/mo month-to-month

Last Agent to Sell the Property

Laura Lindecker

Coldwell Banker Realty License #01319654 Listed on: 08/09/2012

Coldwell Banker Realty

Last Buyer's Agent

Mandy Lam

Century 21 Realty Alliance License #01385133

Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • 5,009

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Granite

Parking

  • Garage
  • Private Parking
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $67,992
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,668 Sq Ft Building

Building Details

  • Insurance Expense $822
  • Maintenance Expense $500
  • Operating Expense $13,827
  • Gross Income $67,992

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 299.89
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 3668
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3668
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Washer/Dryer - Owned, Laundry Area - In All Units
  • Flooring: Laminate, Granite

Exterior Features

  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 16.18

Multi Family

  • Expense Insurance: 822
  • Expense Maintenance: 500
  • Expenses Total: 13827
  • Income Annual Gross: 67992.00
  • Income Annual Rental: 67992
  • Income Gross Scheduled: 67992
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2023
Sold by
Yau Doris Yanping
Bought by
Doris Yanping Yau Trust and Yau
Current Estimated Value
$2,350,195

Purchase Details

Closed on
Aug 15, 2018
Sold by
Huang Sui Feng and Leung Fanny B F
Bought by
Yau Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 9, 2012
Closed on
Oct 9, 2012
Sold by
Yang Howard K T and Yang Vivian V T
Bought by
Huang Sui Feng and Leung Fanny
Seller's Agent
Laura Lindecker
Coldwell Banker Realty
Buyer's Agent
Mandy Lam
Century 21 Realty Alliance
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$715,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2006
Sold by
Wilson Isobel R
Bought by
Yang Howard K T and Yang Vivian V T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$819,000
Interest Rate
6.53%
Mortgage Type
Stand Alone First
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
Doris Yanping Yau Trust -- None Listed On Document
Yau Doris $1,680,000 Stewart Title Of California
Huang Sui Feng $1,100,000 Chicago Title Company
Yang Howard K T $1,170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yau Doris $1,260,000
Previous Owner Huang Sui Feng $715,000
Previous Owner Yang Howard K T $819,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $1,100,000 0.0% $300 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $1,100,000 -- $300 / 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 $23,842 $1,874,067 $1,003,965 $870,102
2023 $23,842 $1,801,297 $964,981 $836,316
2022 $20,159 $1,765,978 $946,060 $819,918
2021 $19,900 $1,731,352 $927,510 $803,842
2020 $19,576 $1,713,600 $918,000 $795,600
2019 $19,113 $1,680,000 $900,000 $780,000
2018 $13,681 $1,190,482 $595,241 $595,241
2017 $13,386 $1,167,140 $583,570 $583,570
2016 $13,218 $1,144,256 $572,128 $572,128
2015 $13,128 $1,127,070 $563,535 $563,535
2014 $12,833 $1,104,994 $552,497 $552,497
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Laura Lindecker

    Coldwell Banker Realty

    (408) 891-0416

    1 Total Sale

    Laura Lindecker
    Section Image

  • M

    Buyer's Agent in 2012

    Mandy Lam

    Century 21 Realty Alliance

See All Agents

Map

Source: MLSListings

MLS Number: ML81229863

MLSListings

APN: 021-312-280

California San Mateo County Millbrae 94030 Downtown Millbrae

42 Mateo Ave, Millbrae, CA

Not Listed for Sale

MultiFamily

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