NOT LISTED FOR SALE

508 Lomita Ave Millbrae, CA 94030

Lomita Hills Neighborhood

Estimated Value: $1,493,000 - $2,166,000

3 Beds
1 Bath
1,220 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $1,380,000 $1,131 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,653/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • Formal Dining Room
  • Green Hills Elementary School Rated A-
  • Granite Countertops
  • Bathtub with Shower

About This Home

As of June 2018

Wonderful three bedroom Millbrae home. Updated in 2013 shows beautiful, hardwood floors, updated kitchen, separate dining room, in-ground pool, large circular driveway, great close-in location!

Last Agent to Sell the Property

Larry Franzella

Berkshire Hathaway Home Services California Realty License #00512797 Listed on: 05/07/2018

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

Selina Loc

Compass License #01939989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,246

Year Built

  • Built in 1947

Lot Details

  • 5,101 Sq Ft Lot
  • Fenced
  • Lot Sloped Up
  • Zoning described as R10006

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • Heated In Ground Pool

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 021-072-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,246

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1220
  • Year Built: 1947
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1220
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Heated, Pool - In Ground
  • Roof: Composition
  • Pool: Yes
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: San Mateo Union High
  • Middle School: Taylor Middle
  • High School: Capuchino High
  • High School: 616
  • Middle School: 737

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 021-072-170
  • Lot Acres: 0.1171
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5100.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • High School Text: Capuchino High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 20, 2018
Sold by
Ribero Richard J and Ribero Josephine A
Bought by
Or Simon and Mandy Law Yau Mui
Seller's Agent
Larry Franzella
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Selina Loc
Compass
List Price
$1,199,000
Sold Price
$1,380,000
Premium/Discount to List
$181,000
15.1%
Current Estimated Value
$1,850,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,399
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Ribero Richard J and Ribero Josephine A
Bought by
Ribero Richard J and Ribero Josephine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1995
Sold by
Ribero Richard and Ribero Louise
Bought by
Ribero Rick and Ribero Josephine

Purchase Details

Closed on
Sep 12, 1995
Sold by
Jiang Henry
Bought by
Ribero Rick and Ribero Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.88%

Purchase Details

Closed on
Mar 23, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jiang Henry

Purchase Details

Closed on
Feb 21, 1995
Sold by
Countrywide Funding Corp and Caimotto Patricia L
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Jan 3, 1995
Sold by
Countrywide Funding Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Or Simon $1,380,000 Chicago Title Co
Ribero Richard J -- Chicago Title Company
Ribero Rick -- American Title Ins Co
Ribero Rick $280,000 American Title Ins Co
Jiang Henry $201,000 American Title Insurance Co
Countrywide Funding Corp $205,327 North American Title Ins
Federal Home Loan Mortgage Corporation -- North American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ribero Richard J $417,000
Previous Owner Ribero Josephine $417,000
Previous Owner Ribero Rick $355,000
Previous Owner Ribero Rick $277,000
Previous Owner Ribero Rick $18,350
Previous Owner Ribero Rick $254,000
Previous Owner Ribero Rick $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $1,380,000 +15.1% $1,131 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $1,199,000 -- $983 / 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 $18,246 $1,570,198 $1,137,827 $432,371
2023 $18,246 $1,509,228 $1,093,645 $415,583
2022 $16,768 $1,479,636 $1,072,201 $407,435
2021 $16,579 $1,450,625 $1,051,178 $399,447
2020 $16,308 $1,435,752 $1,040,400 $395,352
2019 $15,919 $1,407,600 $1,020,000 $387,600
2018 $4,848 $408,794 $204,397 $204,397
2017 $4,683 $400,780 $200,390 $200,390
2016 $4,617 $392,922 $196,461 $196,461
2015 $4,587 $387,020 $193,510 $193,510
2014 $4,406 $379,440 $189,720 $189,720
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Franzella

    Berkshire Hathaway Home Services California Realty

    Section Image

  • S

    Buyer's Agent in 2018

    Selina Loc

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81704256

MLSListings

APN: 021-072-170

California San Mateo County Millbrae 94030 Lomita Hills

508 Lomita Ave, Millbrae, CA

This home is located at 508 Lomita Ave, Millbrae, CA 94030 since 07 May 2018 and is currently estimated at $1,815,798, approximately $1,488 per square foot. This property was built in 1947. 508 Lomita Ave is a home located in San Mateo County with nearby schools including Green Hills Elementary School, Taylor Middle School, and Mills High School.

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