Tessa Mullins
Intero Real Estate Services
(650) 870-9715
25 Total Sales
1 in Telescope Hills
$2,450,000 Price
487 Lincoln Cir Millbrae, CA 94030
Telescope Hills Neighborhood
12
Beds
--
Baths
6,733
Sq Ft
7,040
Sq Ft Lot
Highlights
- Contemporary Architecture
- Coin Laundry
- 3-minute walk to Central Park
- Meadows Elementary School Rated A-
About This Home
As of November 2017Rare opportunity to own this well maintained 6 UNITS building in the very quiet neighborhood of Telescope Hills in Millbrae. Each unit consists of 2 BR 1 BA storage room & 1 car parking. Separate PG&E meter. All units are identical with a massive upside rent potential. Rents are currently significantly below market rate and all leases are month to month. One unit has recently been remodeled with new interior paint & new carpet. Laundry room w coin-operated washer & dryer. Close proximity to shops & Restaurants. Easy access to Millbrae Bart Station, Highways 101, 380 & 280, El Camino Real, SFO, Millbrae City Hall, Public Library and Community Center.
Last Agent to Sell the Property
Coldwell Banker Realty License #DRE #01007952 Listed on: 07/14/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 7,040 Sq Ft Lot
- Lot Dimensions are 55x128
Parking
- 6 Parking Spaces
Home Design
- 6,733 Sq Ft Home
- Contemporary Architecture
Utilities
- Separate Meters
Community Details
- 6 Units
- Coin Laundry
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 021433020
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2017
Closed on
Sep 27, 2017
Sold by
Zeng Zenny
Bought by
Seller's Agent
Tina Low-Lee
Coldwell Banker Realty
Buyer's Agent
Jeremy Williams
Jeremy Williams, Broker
List Price
$3,260,000
Sold Price
$3,260,000
Purchase Details
Closed on
Sep 10, 2004
Sold by
Fong Kuok Peng
Bought by
Zeng Jenny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2004
Sold by
Chuang Allen S C and Chuang Jennifer P J
Bought by
Zeng Jenny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.94%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Telescope Hills, CA
-
Tessa Mullins
-
Steven Wen
Steven Wen
Keller Williams Thrive
(669) 279-4702
88 Total Sales
1 in Telescope Hills
$2,870,000 Price
-
Jenn Gilson
Jenn Gilson
Responds QuicklyGolden Gate Sotheby's International Realty
(650) 955-2883
163 Total Sales
1 in Telescope Hills
$2,450,000 Price
-
Disen Cai
Disen Cai
KW Advisors
(650) 675-5492
339 Total Sales
5 in Telescope Hills
$2.4M - $3M Price Range
-
Wen Guo RE Group
Wen Guo RE Group
KW Advisors
(650) 780-3135
350 Total Sales
3 in Telescope Hills
$2.2M - $2.9M Price Range
-
Patty Dwyer Group
Patty Dwyer Group
Compass
(650) 977-3558
261 Total Sales
2 in Telescope Hills
$2,255,840 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,260,000 | Chicago Title Company | ||
| Zeng Jenny | -- | North American Title Company | |
| Zeng Jenny | $1,380,000 | North American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $780,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2017 11/22/17 | Sold | $3,260,000 | 0.0% | $484 / Sq Ft |
| 09/08/2017 09/08/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | For Sale | $3,260,000 | -- | $484 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $51,560 | $3,783,506 | $870,436 | $2,913,070 |
| 2025 | $51,560 | $3,709,320 | $853,369 | $2,855,951 |
| 2023 | $49,636 | $3,565,284 | $820,233 | $2,745,051 |
| 2022 | $39,785 | $3,495,377 | $804,150 | $2,691,227 |
| 2021 | $39,338 | $3,426,841 | $788,383 | $2,638,458 |
| 2020 | $38,696 | $3,391,704 | $780,300 | $2,611,404 |
| 2019 | $37,779 | $3,325,200 | $765,000 | $2,560,200 |
| 2018 | $37,037 | $3,260,000 | $750,000 | $2,510,000 |
| 2017 | $19,276 | $1,657,439 | $924,804 | $732,635 |
| 2016 | $19,042 | $1,624,941 | $906,671 | $718,270 |
| 2015 | $18,916 | $1,600,533 | $893,052 | $707,481 |
| 2014 | $18,497 | $1,569,182 | $875,559 | $693,623 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Low-Lee
Seller's Agent in 2017
Tina Low-Lee
Coldwell Banker Realty
(415) 238-2395
30 Total Sales
-
Jeremy Williams
Buyer's Agent in 2017
Jeremy Williams
Jeremy Williams, Broker
(888) 584-9427
18 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 460312
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Information is deemed reliable but not guaranteed.
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