NOT LISTED FOR SALE

555 Palm Ave Unit 201 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,035,000 - $1,151,000

2 Beds
2 Baths
1,396 Sq Ft
$650/mo HOA Fee

Last Sold February 20, 2020

Last sale price $1,080,000 $774 Per Sq Ft

Current estimated payment $7,848/month

6 Days on Market

Highlights

  • Unit is on the top floor
  • Private Pool
  • Park or Greenbelt View
  • Spring Valley Elementary School Rated A-
  • Primary Bedroom Suite
  • 1-minute walk to Central Park

About This Home

As of February 2020

Wow! This condo is updated & will be a delight to call home! The large living/dining room area has a large window, great natural light & a striking floor-to-ceiling black herringbone fireplace tile surround. A pass-through to the kitchen from the living room nicely connects the two spaces. The beautifully remodeled kitchen features new white shaker cabinets with lots of storage, grey quartz countertops, stainless steel appliances & a good-sized eat-in dining area. The master bathroom is spacious & stunning! It features an over-sized stall shower with stylish tile & built-in bench, double-sink vanity & roomy water closet. The hallway bathroom is also newly renovated. One bedroom looks out to the trees & greenery of Central Park. The outdoors can also be enjoyed from the tiled patio conveniently accessed from the master bedroom, kitchen & living room. To top it off, this condo is near the vibrant shops & restaurants of downtown Millbrae & the Millbrae transit hub (BART & Caltrain).

Last Agent to Sell the Property

Vandervort Group

Veritas Homes License #70010088 Listed on: 01/16/2020

Last Buyer's Agent

Lorenzo Gueco

Veritas Homes License #01941116

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,332

Year Built

  • 1975

Lot Details

  • 0.69

HOA Fees

  • $650 Monthly HOA Fees

Parking

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

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Slab Foundation
  • Tile Roof
  • Bitumen Roof

Interior Spaces

  • 1,396 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating

Additional Features

  • Private Pool
  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • No Waterbeds Allowed

Community Details

Overview

  • Association fees include garbage, hot water, insurance, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof, water / sewer
  • 21 Units
  • Palm Villa Association

Amenities

  • Sauna
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,332

Year Built

1975

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Zoning: RM00R3
  • Subclass: Condominium
  • Restrictions: No Waterbeds, Pets - Not Allowed
  • Age: 45
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 27
  • Min Numberof Unitsin Complex: 21
  • Structure Sq Ft: 1396
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1396
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Bitumen, Tile
  • View: Neighborhood, Park
  • Pool: Community Facility, Pool - Heated, Pool - In Ground, Spa - In Ground, Steam Room Or Sauna

Garage/Parking

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

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, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Hot Water, Insurance, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Palm Villa

Schools

  • School District: San Mateo Union High

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit, End Unit, Other Unit Above, Other Unit Below, Unit Faces Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 13, 2020
Sold by
Nobrega Ryan J and Nobrega Marc E
Bought by
Zeng John and Chan Shuk Ting
Seller's Agent
Vandervort Group
Veritas Homes
Buyer's Agent
Lorenzo Gueco
Veritas Homes
List Price
$998,000
Sold Price
$1,080,000
Premium/Discount to List
$82,000
8.22%
Current Estimated Value
$1,077,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,117
Avg. Annual Appreciation
0.99%
Original Mortgage
$680,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2019
Sold by
Nobrega Joanne M and Nobrega Edward R
Bought by
Nobrega Ryan J and Nobrega Marc E

Purchase Details

Closed on
Mar 7, 2019
Sold by
Nobrega Joanne
Bought by
Nobrega Joanne M and Nobrega Edward R

Purchase Details

Closed on
Feb 21, 2019
Sold by
Guaspari James
Bought by
Nobrega Joanne

Purchase Details

Closed on
Jun 23, 1994
Sold by
Garibaldi Eva A
Bought by
Loing Gloria
Source: Public Records

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Range of Values:

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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
Zeng John $1,080,000 Fidelity National Title Co
Nobrega Ryan J -- None Available
Nobrega Joanne M -- None Available
Nobrega Joanne -- None Available
Loing Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng John $670,000
Closed Zeng John $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $1,080,000 +8.2% $774 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $998,000 -- $715 / 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
2023 $14,332 $1,135,271 $340,581 $794,690
2022 $12,611 $1,113,011 $333,903 $779,108
2021 $12,468 $1,091,188 $327,356 $763,832
2020 $10,674 $930,117 $279,867 $650,250
2019 $10,422 $216,245 $43,236 $173,009
2018 $2,587 $212,006 $42,389 $169,617
2017 $2,455 $207,850 $41,558 $166,292
2016 $2,414 $203,776 $40,744 $163,032
2015 $2,398 $200,716 $40,132 $160,584
2014 $2,345 $196,785 $39,346 $157,439
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Vandervort Group

    Veritas Homes

    (650) 740-6025

    107 Total Sales

    Vandervort Group
    Section Image
  • Lorenzo Gueco

    Buyer's Agent in 2020

    Lorenzo Gueco

    Veritas Homes

    (415) 806-2242

    40 Total Sales

    Lorenzo Gueco
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81779242

MLSListings

APN: 100-440-100

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 201, Millbrae, CA

This home is located at 555 Palm Ave Unit 201, Millbrae, CA 94030 since 16 January 2020 and is currently estimated at $1,077,883, approximately $772 per square foot. This property was built in 1975. 555 Palm Ave Unit 201 is a home located in San Mateo County with nearby schools including Spring Valley Elementary School, Taylor Middle School, and Mills High School.

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