NOT LISTED FOR SALE

555 Palm Ave Unit 106 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,016,000 - $1,384,000

2 Beds
2 Baths
1,420 Sq Ft
$650/mo HOA Fee

Last Sold July 02, 2021

Last sale price $1,075,000 $757 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,657/month

4 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Spring Valley Elementary School Rated A-
  • 0.69 Acre Lot
  • 1-minute walk to Central Park

About This Home

As of July 2021

Spacious 2 Bedroom, 2 Bathroom ready to move-in!!! You dont want to miss this gorgeous and spacious Condo located on the first floor with a private patio! Beautiful hardwood floors throughout, Working gas fireplace that heats the vast living room and formal dining room, Stunning remodeled kitchen with white cabinets and newer stainless-steel appliances, Eat-in kitchen with a view of Central Park and foliage, Great master bedroom with ample space, Updated bathrooms, Laundry with washer and dryer, Newly installed blinds, Underground parking for one vehicle. Exercise in the gym, enjoy the large swimming pool, jacuzzi, and saunas. Huge community room with kitchen and ping-pong table for gatherings or parties. Schedule private meetings, work from home, or play games in the quiet Card Room. Excellent location! Adjacent to Central Park, walking distance to Millbrae Plaza: Safeway, Trader Joes, Walgreens, restaurants, shops. Short distance to SFO,BART, CalTran and more.

Last Agent to Sell the Property

Suki Martin

Intero Real Estate Services License #01360586 Listed on: 06/14/2021

Intero Real Estate Services

Last Buyer's Agent

Julia Leung

Redfin License #01207092

Redfin

Property Details

Home Type

  • Condominium

Year Built

  • 1975

Lot Details

  • 0.69

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,420 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

Overview

  • Association fees include garbage, gas, hot water, landscaping / gardening, maintenance - common area, water / sewer
  • 27 Units
  • Tri State Enterprises Association

Amenities

  • Sauna
  • Elevator

Recreation

  • Recreation Facilities
  • Exercise Course
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

1975

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 27
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1420
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1420
  • Stories: 3
  • Security: Security Building
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower And Tub, Shower Over Tub - 1

Exterior Features

  • Pool Description: Yes
  • Yard/Grounds: Balcony / Patio
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Complex Name: Palm Villa
  • HOA Fees: 650
  • HOA Amenities: Community Pool, Elevator, Exercise Course, Recreation Room, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Gas, Hot Water, Landscaping / Gardening, Maintenance - Common Area, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Tri-State Enterprises

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • High School: 659

Lot Info

  • Lot Acres: 0.6935
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30209.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30209.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jun 21, 2021
Sold by
Salume Gloria Isabel
Bought by
Liu Dennis Yidan and Chen Yufei
Seller's Agent
Suki Martin
Intero Real Estate Services
Buyer's Agent
Julia Leung
Redfin
List Price
$998,000
Sold Price
$1,075,000
Premium/Discount to List
$77,000
7.72%
Current Estimated Value
$1,115,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,018
Avg. Annual Appreciation
0.82%

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 22, 2016
Sold by
Woida Karen
Bought by
Salume Gloria Isabel
Seller's Agent
Jeff LaMont
Coldwell Banker Realty
Buyer's Agent
Suki Martin
Berkshire Hathaway Home Services California Realty
List Price
$750,000
Sold Price
$888,000
Premium/Discount to List
$138,000
18.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Carmine Gerald R and Carmine Roger S
Bought by
Chang John C and Cheng Neinhwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Lam Celina Pui Kwan
Bought by
Kallevig Joanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1999
Sold by
Lam John Sat Wah
Bought by
Lam Celina Pui Kwan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Dennis Yidan $1,075,000 Fidelity National Title Co
Salume Gloria Isabel $888,000 Cornerstone Title Company
Chang John C $640,000 Chicago Title Insurance Co
Kallevig Joanne R $470,000 Fidelity National Title Co
Lam Celina Pui Kwan -- Old Republic Title Ins Compa
Lam Celina Pui Kwan $283,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang John C $448,000
Previous Owner Kallevig Joanne R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $1,075,000 +7.7% $757 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $998,000 +12.4% $703 / Sq Ft
03/25/2016 03/25/16 Sold $888,000 +18.4% $625 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $750,000 -- $528 / 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 $13,976 $1,140,798 $342,239 $798,559
2023 $13,976 $1,096,500 $328,950 $767,550
2022 $12,267 $1,075,000 $322,500 $752,500
2021 $11,202 $971,154 $291,346 $679,808
2020 $11,020 $961,197 $288,359 $672,838
2019 $10,760 $942,351 $282,705 $659,646
2018 $10,550 $923,874 $277,162 $646,712
2017 $10,299 $905,760 $271,728 $634,032
2016 $9,291 $810,000 $243,000 $567,000
2015 $6,660 $577,709 $173,310 $404,399
2014 $6,509 $566,394 $169,916 $396,478
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suki Martin

    Intero Real Estate Services

    Section Image

  • J

    Buyer's Agent in 2021

    Julia Leung

    Redfin

    Section Image

  • J

    Seller's Agent in 2016

    Jeff LaMont

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81848751

MLSListings

APN: 100-440-060

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 106, Millbrae, CA

Not Listed for Sale

Condos

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