NOT LISTED FOR SALE

528 Santa Teresa Way Millbrae, CA 94030

Estimated Value: $1,787,131 - $2,066,000

3 Beds
2 Baths
1,490 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $1,560,000 $1,047 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,957/month

9 Days on Market

Highlights

  • Post and Beam
  • Wood Flooring
  • Formal Dining Room
  • Green Hills Elementary School Rated A-
  • Granite Countertops
  • Fireplace

About This Home

As of October 2017

Bright and sunny remodeled 3 bedroom 2 bath home located in Millbrae's Cappuccino Village. Situated on a large corner lot, this home boasts hardwood flooring, remodeled kitchen with stainless steel appliances and updated bathrooms. Both the front and backyards have been recently landscaped and offer a new patio, artificial lawn and mini putting green - great for entertaining! With 2 BR's on the main level and the master bedroom on the second floor with balcony overlooking the neighborhood, this home is perfect for families. Conveniently located to shops, restaurants, CalTrain/Bart and freeway access with excellent Millbrae schools, this home is not to be missed!

Last Agent to Sell the Property

Phil Chen

KW Advisors License #01715177 Listed on: 09/15/2017

KW Advisors

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,979

Year Built

  • Built in 1947

Lot Details

  • 5,131 Sq Ft Lot
  • Level Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Post and Beam
  • Reinforced Concrete Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 021-124-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,979

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1490
  • Year Built: 1947
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher
  • Living Sq Ft: 1490
  • Stories: 2
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Beam, Raised, Reinforced Concrete
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 021-124-110
  • Lot Acres: 0.1178
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5130.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Chen Pengyao and Zhang Heng
Bought by
Chen Pengyao and Zhang Heng
Current Estimated Value
$1,950,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,000
Outstanding Balance
$1,010,446
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$939,837

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 13, 2017
Sold by
Tan Guoxing and Hu Shanwen
Bought by
Chen Pengyao and Zhang Heng
Seller's Agent
Phil Chen
KW Advisors
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,498,000
Sold Price
$1,560,000
Premium/Discount to List
$62,000
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$1,248,000
Interest Rate
3.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2011
Sold by
Heckenberg John S and Heckenberg Diane
Bought by
Tan Guoxiong and Hu Shanwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1999
Sold by
Ruth Andreini and Friedland Robert E
Bought by
Heckenberg John S and Heckenberg Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
8.3%

Purchase Details

Closed on
Sep 7, 1993
Sold by
Friedland Robert E and Andreini Ruth
Bought by
Andreini Ruth and Friedland Robert E
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
Chen Pengyao -- Boston National Ttl Agcy Llc
Chen Pengyao $1,560,000 Old Republic Title Company
Tan Guoxiong $760,000 Old Republic Title Company
Heckenberg John S $315,000 Fidelity National Title Co
Andreini Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Pengyao $1,137,000
Closed Chen Pengyao $1,248,000
Previous Owner Tan Guoxiong $608,000
Previous Owner Heckenberg John S $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Sold $1,560,000 +4.1% $1,047 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $1,498,000 -- $1,005 / 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 $20,979 $1,775,009 $1,479,176 $295,833
2023 $20,979 $1,706,086 $1,421,739 $284,347
2022 $18,914 $1,672,634 $1,393,862 $278,772
2021 $18,700 $1,639,838 $1,366,532 $273,306
2020 $18,393 $1,623,024 $1,352,520 $270,504
2019 $17,954 $1,591,200 $1,326,000 $265,200
2018 $17,599 $1,560,000 $1,300,000 $260,000
2017 $9,376 $822,514 $411,257 $411,257
2016 $9,254 $806,388 $403,194 $403,194
2015 $9,191 $794,276 $397,138 $397,138
2014 $8,983 $778,718 $389,359 $389,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81678006

MLSListings

APN: 021-124-110