NOT LISTED FOR SALE

555 Palm Ave Unit 303 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,011,000 - $1,028,916

2 Beds
2 Baths
1,502 Sq Ft
$678/Sq Ft Est. Value

Highlights

  • Private Pool
  • 0.69 Acre Lot
  • Subterranean Parking
  • Spring Valley Elementary School Rated A-
  • Balcony
  • 1-minute walk to Central Park

About This Home

As of January 2020

Located in the highly desirable lower Millbrae Highlands neighborhood, this spacious penthouse condo is in the heart of Millbrae within walking distance of a park, library, shops, restaurants, excellent Millbrae schools, BART/Caltrain and easy freeway access. This penthouse unit offers 2 bedrooms, 2 bathrooms, updated bathrooms, in-unit laundry and private balcony with panoramic views of the Peninsula. The large living/dining room features a gas fireplace and easy access to the balcony. The resort like community has a secure lobby entrance, two-spaces secure parking, two elevators, a heated pool and hot tub, 2 sauna rooms, a card room, a large sun terrace, a fitness and rec room. Gas, water, hot water garbage are included in the lease. PLEASE NOTE: This unit is also available for a 6 month lease fully furnished.

Last Agent to Rent the Property

Ester Kozaczuk

KW Advisors License #01922520 Listed on: 09/17/2019

KW Advisors

Last Renter's Agent

Ester Kozaczuk

KW Advisors License #01922520 Listed on: 09/17/2019

KW Advisors

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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Property Details

Home Type

  • Apartment

Year Built

  • 1975

Lot Details

  • 0.69

Parking

  • 2 Car Garage
  • Subterranean Parking
  • Garage Door Opener

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • 30,209 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $7,400
  • Property Available on 10/10/19
  • Rent includes association fees, furniture, gardener, hot water, pool/spa, sewer, trash removal, water
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

1975

Lot Details

0.69 Acres

Parking

2

Rental Info

  • Available: 10/10/2019
  • Lease Terms: Option To Renew
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees, Furniture, Gardener, Hot Water, Pool/Spa, Sewer, Trash Removal, Water
  • Security Deposit: 7400

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Not Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1502
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1502
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • HOA Exist: Yes

Lot Info

  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Kolenko Olga P
Bought by
Current Estimated Value
$1,018,229

Purchase Details

Closed on
Dec 6, 2000
Sold by
Schumacher Walter J & D M Trs
Bought by
Kolenko Olga P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1996
Sold by
Schumacher Walter J and Schumacher Dorothy
Bought by
Schumacher Walter J and Schumacher Dorothy M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Telescope Hills, CA

  • Tessa Mullins Real Estate Agent - Intero Real Estate Services

    Tessa Mullins

    Intero Real Estate Services

    (650) 870-9715

    25 Total Sales

    1 in Telescope Hills

    $2,450,000 Price

    Tessa Mullins
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  • Steven Wen Real Estate Agent - Keller Williams Thrive

    Steven Wen

    Keller Williams Thrive

    (669) 279-4702

    88 Total Sales

    1 in Telescope Hills

    $2,870,000 Price

    Steven Wen
     Section Image
  • Jenn Gilson Real Estate Agent - Golden Gate Sotheby's International Realty

    Jenn Gilson

    Responds Quickly

    Golden Gate Sotheby's International Realty

    (650) 955-2883

    163 Total Sales

    1 in Telescope Hills

    $2,450,000 Price

    Jenn Gilson
     Section Image
  • Disen Cai Real Estate Agent - KW Advisors

    Disen Cai

    KW Advisors

    (650) 675-5492

    340 Total Sales

    5 in Telescope Hills

    $2.4M - $3M Price Range

    Disen Cai
     Section Image
  • Wen Guo RE Group Real Estate Agent - KW Advisors

    Wen Guo RE Group

    KW Advisors

    (650) 780-3135

    352 Total Sales

    3 in Telescope Hills

    $2.2M - $2.9M Price Range

    Wen Guo RE Group
     Section Image
  • Patty Dwyer Group Real Estate Agent - Compass

    Patty Dwyer Group

    Compass

    (650) 977-3558

    261 Total Sales

    2 in Telescope Hills

    $2,255,840 Price Range

    Patty Dwyer Group
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Kolenko Olga P $549,000 Fidelity National Title Co
Schumacher Walter J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner Kolenko Olga P $250,000
Previous Owner Kolenko Olga P $150,000
Previous Owner Kolenko Olga P $100,000
Previous Owner Kolenko Olga P $322,000
Previous Owner Kolenko Olga P $436,200
Previous Owner Kolenko Olga P $439,200
Previous Owner The Schumacher Family Trust $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Rented $3,550 -7.8% --
09/17/2019 09/17/19 For Rent $3,850 -- --
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,609 $827,235 $248,164 $579,071
2023 $10,609 $795,115 $238,529 $556,586
2022 $8,982 $779,525 $233,852 $545,673
2021 $8,883 $764,241 $229,267 $534,974
2020 $8,739 $756,406 $226,917 $529,489
2019 $8,535 $741,575 $222,468 $519,107
2018 $8,292 $727,035 $218,106 $508,929
2017 $8,074 $712,780 $213,830 $498,950
2016 $7,966 $698,805 $209,638 $489,167
2015 $7,910 $688,310 $206,490 $481,820
2014 $6,719 $585,000 $175,000 $410,000
Source: Public Records

Agents Affiliated with this Home

  • EK

    Landlord's Agent in 2020

    Ester Kozaczuk

    KW Advisors

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Map

Source: MLSListings

MLS Number: ML81771992

MLSListings

APN: 100-440-210

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 303, Millbrae, CA

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