NOT LISTED FOR SALE

447 Palm Ave Millbrae, CA 94030

Highlands Neighborhood

Estimated Value: $2,393,671 - $2,765,000

2 Beds
2 Baths
1,820 Sq Ft
$1,381/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $1,800,000 $989 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,574/month

6 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Forced Air Heating System
  • Spring Valley Elementary School Rated A-
  • Tankless Water Heater
  • 3-minute walk to Central Park

About This Home

As of October 2017

Create a legacy of warm memories in this delightful sun-filled home. Living room with attractive high ceiling and fireplace. Separate Dining room. Chefs kitchen. Beautifully updated baths. Two bedrooms and 1 bath upstairs plus a bath downstairs and two rooms used as a bedroom and a family room. Hardwood floors. Park like back yard with picturesque trees, beautiful lawn, a paver patio and a deck. Tons of storage space. Solar panels on grid to supply your electricity needs. Enjoy the small town feel of the neighborhood. Located next to Central Park, within walking distance of the library, downtown shopping and dining. It is a commuters dream within minutes of Cal Train, BART and SFO, with easy access to Highways 101 & 280. Award winning Millbrae schools.

Last Agent to Sell the Property

Phil Houston

Compass License #00524701 Listed on: 09/15/2017

Compass

Last Buyer's Agent

Sia Glafkides

Compass License #00637008

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,024

Year Built

  • Built in 1936

Lot Details

  • 5,759 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 024-101-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,024

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 81
  • Listing Class: Residential
  • Structure Sq Ft: 1820
  • Year Built: 1936
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1820
  • Stories: 1
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: San Mateo Union High
  • Elementary School: Spring Valley Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 736
  • Middle School: 737

Lot Info

  • Parcel Number: 024-101-010
  • Lot Acres: 0.1322
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5760.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5760.00

Green Features

  • Energy Features: Solar Power On Grid, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Spring Valley Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 6, 2017
Sold by
Chang Di
Bought by
Chang Di and The Chang Revocable Trust
Seller's Agent
Phil Houston
Compass
Buyer's Agent
Sia Glafkides
Compass
List Price
$1,488,000
Sold Price
$1,800,000
Premium/Discount to List
$312,000
20.97%
Current Estimated Value
$2,478,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,672
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,350,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 9, 2017
Sold by
Huang Kelvin Jia Hui and Wong Karen Qiling
Bought by
Chang Di
Seller's Agent
Phil Houston
Compass
Buyer's Agent
Sia Glafkides
Compass
List Price
$1,488,000
Sold Price
$1,800,000
Premium/Discount to List
$312,000
20.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2016
Sold by
Wong Karen and Huang Kelvin
Bought by
Huang Kelvin Jia Hui and Ong Karen Qiling

Purchase Details

Closed on
Apr 1, 2008
Sold by
Walsh Adam A
Bought by
Wong Karen and Huang Kelvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Walsh Mondakini B
Bought by
Walsh Adam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2003
Sold by
Walsh Adam A and Walsh Mondakini B
Bought by
Walsh Adam A and Walsh Mondakini B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2003
Sold by
Cahill John H and Cahill Ruth Benzinger
Bought by
Walsh Adam A and Walsh Mondakini B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Melville Walter S
Bought by
Cahill John H and Cahill Ruth Benziger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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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
Chang Di -- None Available
Chang Di $1,800,000 Old Republic Title Company
Huang Kelvin Jia Hui -- None Available
Wong Karen $1,102,000 Fidelity National Title Co
Walsh Adam A -- Chicago Title Co
Walsh Adam A -- Chicago Title Co
Walsh Adam A -- --
Walsh Adam A $750,000 Fidelity National Title
Cahill John H $335,000 Old Republic Title Company
Melville Walter S -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Di $1,140,000
Closed Chang Di $1,185,000
Closed Chang Di $1,350,000
Previous Owner Huang Kelvin $457,000
Previous Owner Wong Karen $568,000
Previous Owner Wong Karen $617,000
Previous Owner Wong Karen $625,500
Previous Owner Wong Karen $660,000
Previous Owner Wong Karen $661,200
Previous Owner Walsh Adam A $100,000
Previous Owner Walsh Adam A $600,000
Previous Owner Walsh Adam A $600,000
Previous Owner Walsh Adam A $600,000
Previous Owner Cahill John H $250,000
Previous Owner Cahill John H $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $1,800,000 +21.0% $989 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,488,000 -- $818 / 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 $24,024 $2,048,089 $1,479,176 $568,913
2023 $24,024 $1,968,561 $1,421,739 $546,822
2022 $21,696 $1,929,962 $1,393,862 $536,100
2021 $21,449 $1,892,121 $1,366,532 $525,589
2020 $21,095 $1,872,720 $1,352,520 $520,200
2019 $20,589 $1,836,000 $1,326,000 $510,000
2018 $20,180 $1,800,000 $1,300,000 $500,000
2017 $14,024 $1,247,210 $623,605 $623,605
2016 $13,845 $1,222,756 $611,378 $611,378
2015 $13,749 $1,204,390 $602,195 $602,195
2014 $12,546 $1,102,000 $551,000 $551,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phil Houston

    Compass

    Section Image

  • S

    Buyer's Agent in 2017

    Sia Glafkides

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81678084

MLSListings

APN: 024-101-010

California San Mateo County Millbrae 94030 Highlands

447 Palm Ave, Millbrae, CA

This home is located at 447 Palm Ave, Millbrae, CA 94030 since 15 September 2017 and is currently estimated at $2,512,918, approximately $1,380 per square foot. This property was built in 1936. 447 Palm Ave is a home located in San Mateo County with nearby schools including Spring Valley Elementary School, Taylor Middle School, and Mills High School.

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