NOT LISTED FOR SALE

555 Palm Ave Unit 305 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,163,000 - $1,370,000

3 Beds
2 Baths
1,742 Sq Ft
0.69 Acres

Last Sold April 26, 2018

Last sale price $1,330,000 $763 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,232/month

13 Days on Market

Highlights

  • Heated Pool
  • 0.69 Acre Lot
  • 3 Car Attached Garage
  • Spring Valley Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Central Park

About This Home

As of April 2018

This is a rare opportunity to purchase the "Developers Penthouse" of the distinguished Palm Villa complex! This penthouse has been family owned since 1975. It's an entertainer's delight with a fully outfitted kitchen boasting high quality stainless steel appliances and granite countertops. Cathedral ceilings flood natural light throughout the living room and master bedroom. Enjoy the panoramic views overlooking Central Park from your private balcony. Additional features include solid Acacia wood floors, in-unit laundry room, jacuzzi bath, steam shower, gas fireplace, large garage storage locker, and 3 deeded parking spaces in the secure parking garage! Conveniently located within walking distance of downtown Millbrae, and BART/CalTrain! Generous amenities include: lobby, community room & patio, gym, heated pool/hot tub/saunas, card room, large sun terrace, elevators, secure building, award winning schools, and more!!! Buyer to verify sf & schools.

Last Agent to Sell the Property

Keith Bergevin

Intero San Jose, Willow Glen Lincoln Ave License #01400689 Listed on: 03/15/2018

Intero San Jose, Willow Glen Lincoln Ave

Last Buyer's Agent

Lily Chow

Golden Coast Properties License #00588700

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 0.69

Parking

  • 3 Car Attached Garage
  • Electric Gate

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Pool

Community Details

  • Property has a Home Owners Association
  • Association fees include garbage, gas, water
  • Condominium Financial Management Association
  • Built by Palm Villa

Listing and Financial Details

  • Assessor Parcel Number 100-440-230

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1742
  • Complex Name: Palm Villa
  • Year Built: 1975
  • Zoning Description: RM00R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1742
  • Stories: 1
  • Flooring: Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - Heated
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Gate

Utilities

  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 590
  • Association Fees Include: Garbage, Gas, Water
  • H O A Name Text: Condominium Financial Management
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 100-440-230
  • 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 9, 2023
Sold by
Mcfarland Tiffany Yu
Bought by
Mcfarland 2023 Living Trust
Current Estimated Value
$1,289,133

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 20, 2018
Sold by
Sullivan Mark and Craighead Sultana
Bought by
Yu Linda H Y and Yu Tiffany T
Seller's Agent
Keith Bergevin
Intero San Jose, Willow Glen Lincoln Ave
Buyer's Agent
Lily Chow
Golden Coast Properties
List Price
$1,188,888
Sold Price
$1,330,000
Premium/Discount to List
$141,112
11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 6, 2018
Sold by
Yu Tsu Kang
Bought by
Yu Linda H Y
Seller's Agent
Keith Bergevin
Intero San Jose, Willow Glen Lincoln Ave
Buyer's Agent
Lily Chow
Golden Coast Properties
List Price
$1,188,888
Sold Price
$1,330,000
Premium/Discount to List
$141,112
11.87%

Purchase Details

Closed on
Sep 1, 2015
Sold by
Craighead Joanne C
Bought by
Sullivan Mark and Craighead Sultana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Mcfarland 2023 Living Trust -- None Listed On Document
Yu Linda H Y $1,330,000 Fidelity National Title Co
Yu Linda H Y -- Fidelity National Title
Sullivan Mark $700,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Mark $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $1,330,000 +11.9% $763 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,188,888 -- $682 / 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 $17,975 $1,513,308 $455,130 $1,058,178
2023 $17,975 $1,454,546 $437,457 $1,017,089
2022 $16,169 $1,426,027 $428,880 $997,147
2021 $15,986 $1,398,067 $420,471 $977,596
2020 $15,725 $1,383,732 $416,160 $967,572
2019 $15,351 $1,356,600 $408,000 $948,600
2018 $11,417 $1,009,187 $302,756 $706,431
2017 $11,152 $989,400 $296,820 $692,580
2016 $11,007 $970,000 $291,000 $679,000
2015 $1,779 $138,946 $27,776 $111,170
2014 $1,742 $136,225 $27,232 $108,993
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Keith Bergevin

    Intero San Jose, Willow Glen Lincoln Ave

    Section Image

  • L

    Buyer's Agent in 2018

    Lily Chow

    Golden Coast Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81696551

MLSListings

APN: 100-440-230

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 305, Millbrae, CA

Not Listed for Sale

Condos

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