NOT LISTED FOR SALE

Estimated Value: $3,089,519 - $3,553,000

3 Beds
2.5 Baths
2,880 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $2,510,000 $872 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $19,813/month

6 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Deck
  • Meadows Elementary School Rated A-
  • Bay View
  • Secluded Lot

About This Home

As of May 2019

Custom Spanish Mediterranean Villa set on a very quiet breathtaking knoll of Millbrae with spectacular Panoramic Bay and Airport views! Elegance and top quality throughout this spacious remodeled estate! Perfect for entertaining and large gatherings. Limestone fireplace mantels and floors, cherry and maple cabinetry, granite slab counter tops, gourmet kitchen with pantry, wet bar, hardwood floors, fancy light fixtures, wine cellar(holds 1000+ bottles), huge backyard with fruit trees, decks with breathtaking views. Large 3 bedroom 2.5 bath home with 2880 sf of living space per city records. The bottom level consist of a bonus suite with full bath, walk-in closet and separate entry (legality of this level is not warranted and the square footage is not included in the above mentioned 2880sf).

Last Agent to Sell the Property

Lily Yuen Wu

Coldwell Banker Infiniti Group License #00845433 Listed on: 04/23/2019

Last Buyer's Agent

Maxine Chin

Keller Williams Realty-Silicon Valley License #01263374

Keller Williams Realty-Silicon Valley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 8,024 Sq Ft Lot
  • Wood Fence
  • Secluded Lot
  • Lot Sloped Down
  • Hillside Location
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage
  • Enclosed Parking

Property Views

  • Bay
  • Bridge
  • City Lights
  • Hills
  • Forest
  • Neighborhood

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Inverted Floor Plan
  • Wet Bar
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Art Studio
  • Storage Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 024-052-050

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 2880
  • Year Built: 1980
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Oven - Built-In, Oven - Double, Pantry, Refrigerator, Trash Compactor
  • Living Sq Ft: 2880
  • Stories: 2
  • Bedrooms: Inverted Floor Plan, Walk-in Closet
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Stone
  • Additional Rooms: Artist Studio, Basement - Finished, Bonus / Hobby Room, Laundry Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half on Ground Floor, Marble, Primary - Stall Shower(s), Stone, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Tile
  • View: Bay, Bridge, City Lights, Forest / Woods, Hills, Neighborhood, Water
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Deck, Fenced
  • Fencing: Fenced, Wood
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Enclosed

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Inverted Floor Plan, Walk-in Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Hillside, Grade - Sloped Down, Private / Secluded, Views
  • Parcel Number: 024-052-050
  • Lot Acres: 0.1842
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8025.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8025.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Hot Tub

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 2, 2019
Sold by
Bu Zhaoliang and Bu Xiao Huai
Bought by
Chou Aaron and Chou Yun H
Seller's Agent
Lily Yuen Wu
Coldwell Banker Infiniti Group
Buyer's Agent
Maxine Chin
Keller Williams Realty-Silicon Valley
List Price
$2,490,000
Sold Price
$2,510,000
Premium/Discount to List
$20,000
0.8%
Current Estimated Value
$3,272,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,380
Avg. Annual Appreciation
4.08%
Original Mortgage
$500,000
Outstanding Balance
$437,806
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$2,834,574

Purchase Details

Closed on
Sep 2, 2018
Sold by
Yan Jia Li
Bought by
Bu Zhaoliang

Purchase Details

Closed on
Jan 29, 2014
Sold by
Bu Zhaoliang
Bought by
Bu Zhaoliang and Jia Li Yan

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 19, 2012
Sold by
Jia Li Yan
Bought by
Bu Zhaoliang
Seller's Agent
Anthony Galli
Coldwell Banker Realty
Buyer's Agent
Sharon Hilgert
Westwind Referral Network Inc
List Price
$1,850,000
Sold Price
$1,762,600
Premium/Discount to List
-$87,400
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,233,000
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2002
Sold by
Khatwani Kalpana
Bought by
Khatwani Mahesh

Purchase Details

Closed on
Jun 11, 2002
Sold by
Khatwani Mahesh
Bought by
Khatwani Mahesh

Purchase Details

Closed on
Feb 22, 2002
Sold by
Khatwani Mahesh and Khatwani Kalpana
Bought by
Khatwani Mahesh

Purchase Details

Closed on
Jul 28, 1998
Sold by
Mahesh Khatwani
Bought by
Khatwani Mahesh and Khatwani Kalpana

Purchase Details

Closed on
Sep 4, 1997
Sold by
Mahesh Khatwani
Bought by
Khatwani Mahesh and Khatwani Kalpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.87%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Khatwani Mahesh and Khatwani Kalpana
Bought by
Khatwani Mahesh and Khatwani Kalpana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chou Aaron $2,510,000 First American Title Company
Bu Zhaoliang -- First American Title Company
Bu Zhaoliang -- None Available
Bu Zhaoliang -- None Available
Jia Li Yan -- None Available
Bu Zhaoliang -- First American Title Company
Bu Zhaoliang $1,763,000 First American Title Company
Khatwani Mahesh -- First American Title Ins Co
Khatwani Mahesh -- First American Title Ins Co
Khatwani Mahesh -- --
Khatwani Mahesh -- --
Khatwani Mahesh -- --
Khatwani Mahesh -- --
Khatwani Mahesh -- First American Title Co
Khatwani Mahesh -- First American Title Co
Khatwani Mahesh -- --
Khatwani Mahesh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chou Aaron $500,000
Previous Owner Bu Zhaoliang $1,233,000
Previous Owner Khatwani Mahesh $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2019 05/16/19 Sold $2,510,000 +0.8% $872 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $2,490,000 +41.3% $865 / Sq Ft
12/26/2012 12/26/12 Sold $1,762,600 -4.7% $570 / Sq Ft View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $1,850,000 -- $598 / 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 $32,012 $2,799,949 $1,896,380 $903,569
2023 $32,012 $2,691,226 $1,822,743 $868,483
2022 $29,572 $2,638,457 $1,787,003 $851,454
2021 $29,234 $2,586,723 $1,751,964 $834,759
2020 $28,750 $2,560,200 $1,734,000 $826,200
2019 $22,198 $1,974,174 $987,087 $987,087
2018 $21,758 $1,935,468 $967,734 $967,734
2017 $21,339 $1,897,520 $948,760 $948,760
2016 $21,073 $1,860,314 $930,157 $930,157
2015 $20,928 $1,832,372 $916,186 $916,186
2014 $20,157 $1,770,602 $885,301 $885,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748346

MLSListings

APN: 024-052-050