NOT LISTED FOR SALE

555 Palm Ave Unit 209 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $879,269 - $1,323,000

2 Beds
2 Baths
1,421 Sq Ft
$595/ mo HOA Fee

Last Sold April 12, 2018

Last sale price $1,010,000 $711 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,977/month

12 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Neighborhood Views
  • Spring Valley Elementary School Rated A-
  • 0.69 Acre Lot
  • 1-minute walk to Central Park

About This Home

As of April 2018

Great Location, Bright End unit, 2 large bed/2baths, updated kitchen & baths, newly painted. Formal entry, double grand door, laundry room in unit, eat in kitchen, wet bar. Close to park, shopping, transportation and schools.

Last Agent to Sell the Property

Emily Wu

Apac Homes & Loans License #00745414 Listed on: 02/28/2018

Last Buyer's Agent

Joanne Ahn

Berkshire Hathaway Drysdale License #01887602

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 0.69

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Zoned Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 100-440-180

Community Details

Overview

  • Association fees include garbage, insurance - structure, landscaping / gardening, maintenance - common area, pool spa or tennis, water / sewer
  • 27 Units
  • Palm Villa Owners Association
  • Built by Palm Villa

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0.69 Acres

HOA Fees

$595 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 27
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 1421
  • Complex Name: Palm Villa
  • Year Built: 1975
  • Zoning Description: RM00R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Other, Dishwasher, Oven - Self Cleaning, Oven Range, Refrigerator
  • Living Sq Ft: 1421
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower and Tub, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • View: Neighborhood
  • Pool: Yes
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Common Parking Area, Covered Parking

Utilities

  • Heating System: Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 595
  • HOA Amenities: Additional Storage, Community Pool, Elevator, Gym / Exercise Facility, Recreation Room
  • HOA Documents: Articles of Incorporation, Budget, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Water / Sewer
  • H O A Name Text: Palm Villa Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

Lot Info

  • Lot Description: Regular
  • Parcel Number: 100-440-180
  • 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
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Kim Irrevocable Trust
Bought by
2001 Kim Family Trust
Current Estimated Value
$1,069,817

Purchase Details

Closed on
Feb 4, 2021
Sold by
Kim Andrew Y and Kim Hyi S
Bought by
Kim Andrew Y and Kim Hyi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2021
Sold by
Kim Andrew Y and Kim Hyi S
Bought by
Kim Andrew Y and Kim Hyi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Kim Andrew Y and Kim Hyi S
Bought by
Kim Andrew Y and Kim Hyi S

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 6, 2018
Sold by
Chen Xinyue
Bought by
Kim Andrew Y and Kim Hyi S
Seller's Agent
Emily Wu
Apac Homes & Loans
Buyer's Agent
Joanne Ahn
Berkshire Hathaway Drysdale
List Price
$999,000
Sold Price
$1,010,000
Premium/Discount to List
$11,000
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$757,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2015
Closed on
Mar 13, 2015
Sold by
Rathi Dineshchandra H and Rathi Annada D
Bought by
Chen Xinyue
Seller's Agent
Cheryl Price
Compass
Buyer's Agent
Emily Wu
Apac Homes & Loans
List Price
$699,000
Sold Price
$800,000
Premium/Discount to List
$101,000
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$455,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2011
Sold by
Royer Josephine Teresa
Bought by
Rathi Dineshchandra H and Rathi Annada D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2001
Sold by
Fontana Jessie M
Bought by
Fontana Jessie M
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
2001 Kim Family Trust -- --
Kim Andrew Y -- None Available
Kim Andrew Y -- Fidelity National Title Co
Kim Andrew Y -- Fidelity National Title Co
Kim Andrew Y -- None Available
Kim Andrew Y $1,010,000 Fidelity National Title Co
Chen Xinyue $800,000 Fidelity National Title
Rathi Dineshchandra H $405,000 Fidelity National Title Co
Fontana Jessie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Andrew Y $738,000
Previous Owner Kim Andrew Y $757,500
Previous Owner Chen Xinyue $455,000
Previous Owner Rathi Dineshchandra H $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2018 04/12/18 Sold $1,010,000 +1.1% $711 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $999,000 +24.9% $703 / Sq Ft
03/25/2015 03/25/15 Sold $800,000 +14.4% $563 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $699,000 -- $492 / Sq Ft
Source: MLSListings

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 $8,459 $627,018 $313,509 $313,509
2023 $8,459 $602,672 $301,336 $301,336
2022 $6,885 $590,856 $295,428 $295,428
2021 $6,731 $579,272 $289,636 $289,636
2020 $6,623 $573,334 $286,667 $286,667
2019 $6,468 $562,094 $281,047 $281,047
2018 $9,676 $845,011 $253,503 $591,508
2017 $9,439 $828,443 $248,533 $579,910
2016 $9,316 $812,200 $243,660 $568,540
2015 $5,089 $431,729 $129,518 $302,211
2014 $4,976 $423,273 $126,981 $296,292
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Emily Wu

    Apac Homes & Loans

    (650) 302-8256

    3 Total Sales

    Emily Wu
    Section Image

  • J

    Buyer's Agent in 2018

    Joanne Ahn

    BHHS Drysdale

  • C

    Seller's Agent in 2015

    Cheryl Price

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81694315

MLSListings

APN: 100-440-180

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 209, Millbrae, CA

Not Listed for Sale

Condos

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