NOT LISTED FOR SALE

555 Palm Ave Unit 103 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,046,000 - $1,347,000

2 Beds
2 Baths
1,502 Sq Ft
0.69 Acres

Last Sold April 05, 2019

Last sale price $900,000 $599 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,096/month

48 Days on Market

Highlights

  • Private Pool
  • 0.69 Acre Lot
  • Secured Garage or Parking
  • Spring Valley Elementary School Rated A-
  • Built-In Double Oven
  • 1-minute walk to Central Park

About This Home

As of April 2019

Desirable 2 bedroom 2 bath Condo in downtown Millbrae. Ready to move in to this wonderfully updated unit? New kitchen-counters, appliances, counters and cabinets. Large master bedroom and bath which offers a large dressing room with tub and vanity. Double closets with mirrored doors separate tub and shower. Laundry in unit with washer and dryer. Enjoy your morning coffee on the patio outside the kitchen, living room or bedroom. The master bedroom over looks the pool and jacuzzi area. Lots of light throughout the unit. The afternoon sun shines into the kitchen and master bed room. Walking distance to Safeway, Trader Joes, banking, library, Walgreens, and many restaurants. Come see this beauty.

Last Agent to Sell the Property

Pam Long

Omarshall, Inc License #01445824 Listed on: 01/25/2019

Last Buyer's Agent

Adriana Trenev

Compass License #01893246

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 0.69

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Baseboard Heating
  • Private Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include gas, insurance - common area, landscaping / gardening, maintenance - exterior, pool spa or tennis, water / sewer
  • Palm Villa Condominium Association

Listing and Financial Details

  • Assessor Parcel Number 100-440-030

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1502
  • Year Built: 1975
  • Zoning Description: RM00R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Double, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1502
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Inside, Washer / Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Underground Parking

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Private, Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 600
  • Association Fees Include: Gas, Insurance - Common Area, Landscaping / Gardening, Maintenance - Exterior, Pool, Spa, or Tennis, Water / Sewer
  • H O A Name Text: Palm Villa Condominium
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 100-440-030
  • Lot Acres: 0.6935
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30207.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30207.00

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
Mar 20, 2020
Sold by
Chein Hale Elizabeth and Hale Roger R
Bought by
Kong Carmen and Lu Shun Jin
Current Estimated Value
$1,143,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$662,965
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$480,830

Purchase Details

Listed on
Jan 25, 2019
Closed on
Apr 1, 2019
Sold by
Stein Gloria and Stein Gloria
Bought by
Chien Hale Elizabeth and Hale Roger R
Seller's Agent
Pam Long
Omarshall, Inc
Buyer's Agent
Adriana Trenev
Compass
List Price
$962,000
Sold Price
$900,000
Premium/Discount to List
-$62,000
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$630,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2010
Sold by
Stein Gloria
Bought by
Stein Gloria and Stein Egon

Purchase Details

Closed on
Sep 17, 2004
Sold by
Stein Egon Ed
Bought by
Stein Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2000
Sold by
Goode Gloria A
Bought by
Goode Gloria A and Stein Gloria

Purchase Details

Closed on
May 3, 1994
Sold by
Goode Gloria A and Grant Gloria
Bought by
Goode Gloria A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kong Carmen $1,060,000 First American Title Company
Chien Hale Elizabeth $900,000 Chicago Title Insurance Co
Stein Gloria -- None Available
Stein Gloria -- First American Title Company
Goode Gloria A -- --
Goode Gloria A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Carmen $750,000
Previous Owner Chien Hale Elizabeth $630,000
Previous Owner Stein Gloria $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $900,000 -3.1% $599 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $928,888 -3.4% $618 / Sq Ft
01/25/2019 01/25/19 For Sale $962,000 0.0% $640 / Sq Ft
02/05/2013 02/05/13 Rented $2,500 0.0% --
01/31/2013 01/31/13 Under Contract -- -- --
01/15/2013 01/15/13 For Rent $2,500 -- --
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 $14,097 $1,159,260 $347,777 $811,483
2023 $14,097 $1,114,246 $334,273 $779,973
2022 $12,382 $1,092,399 $327,719 $764,680
2021 $12,242 $1,070,981 $321,294 $749,687
2020 $10,539 $918,000 $275,400 $642,600
2019 $1,988 $150,771 $30,130 $120,641
2018 $1,954 $147,816 $29,540 $118,276
2017 $1,832 $144,918 $28,961 $115,957
2016 $1,801 $142,078 $28,394 $113,684
2015 $1,790 $139,945 $27,968 $111,977
2014 $1,753 $137,205 $27,421 $109,784
Source: Public Records

Agents Affiliated with this Home

  • Pam Long

    Seller's Agent in 2019

    Pam Long

    Omarshall, Inc

    (650) 302-4826

    22 Total Sales

    Pam Long
    Section Image

  • A

    Buyer's Agent in 2019

    Adriana Trenev

    Compass

    Section Image

  • K

    Seller's Agent in 2013

    Karyl Eldridge

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81736556

MLSListings

APN: 100-440-030

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 103, Millbrae, CA

Not Listed for Sale

Condos

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