NOT LISTED FOR SALE

555 Palm Ave Unit 306 Millbrae, CA 94030

Telescope Hills Neighborhood

Estimated Value: $1,039,000 - $1,165,367

2 Beds
2 Baths
1,396 Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: April 22, 2022

Last sale price $1,185,000 $849 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,787 / mo

9 Days on Market

Highlights

  • Private Pool
  • Garden View
  • Wine Refrigerator
  • Spring Valley Elementary School Rated A-
  • Quartz Countertops
  • 1-minute walk to Central Park

About This Home

As of April 2022

This move-in ready, sun-filled top floor with beautiful view, in the heart of Millbrae with close proximity to park, library, downtown shops and restaurants. This quiet and spacious unit offers 2 bedrooms with 2 full baths, 1,396 sq ft, in-unit laundry and private balcony. The large living room/dining room features high ceiling, ample natural light, gas fireplace, picture window and beautiful views. Expansive primary ensuite. 1 secured and deeded parking spaces with additional storage.Award-winning Millbrae schools. Resort like community offers gym, enjoy the large swimming pool, jacuzzi, and saunas. Huge community room with kitchen and ping-pong table for gatherings or parties. 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

Rachel Ni

Compass License #01916174 Listed on: 03/15/2022

Compass

Last Buyer's Agent

Angie Xiao

Intero Burlingame License #01807360

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

  • 1,396 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Garden Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Private Pool
  • Heating Available

Community Details

Overview

  • Association fees include garbage, insurance - common area, maintenance - common area, management fee, pool spa or tennis, reserves, roof
  • Palm Villa Association

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

1975

Lot Details

0.69 Acres

HOA Fees

$650 per month

Parking

1

Listing Details

  • Zoning: RM00R3
  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Max Numberof Unitsin Building: 27
  • Structure Sq Ft: 1396
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Oven Range - Electric, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1396
  • Stories: 1
  • Security: Controlled / Secured Access
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Yes
  • View: Garden / Greenbelt
  • Pool: Community Facility

Garage/Parking

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

Utilities

  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 650
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Common Area, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Palm Villa

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

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

Listed on
Mar 15, 2022
Closed on
Apr 19, 2022
Sold by
Bought by
Seller's Agent
Rachel Ni
Compass
Buyer's Agent
Angie Xiao
Intero Burlingame
List Price
$1,100,000
Sold Price
$1,185,000
Premium/Discount to List
$85,000
7.73%
Current Estimated Value
$1,086,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,478
Avg. Annual Appreciation
-2.14%
Original Mortgage
$829,500
Interest Rate
0.0385%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Oct 20, 2014
Sold by
Bought by
Seller's Agent
Doris Abouav
Coldwell Banker Realty
Buyer's Agent
Rachel Ni
Coldwell Banker Realty
List Price
$649,500
Sold Price
$640,000
Premium/Discount to List
-$9,500
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$512,000
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2007
Sold by
Bought by

Purchase Details

Closed on
May 5, 2005
Sold by
Bought by
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

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
$1,185,000 Lawyers Title
$640,000 Cornerstone Title Company
-- None Available
-- None Available
-- --
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
Closed $829,500
Closed $540,000
Closed $349,000
Closed $505,000
Closed $512,000
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 Prior Sale
04/22/2022 04/22/22 Sold $1,185,000 +7.7% $849 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $1,100,000 +71.9% $788 / Sq Ft
10/24/2014 10/24/14 Sold $640,000 -1.5% $458 / Sq Ft View Prior Sale
09/19/2014 09/19/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $649,500 -- $465 / Sq Ft
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 $15,229 $1,257,530 $377,259 $880,271
2023 $15,229 $1,208,700 $362,610 $846,090
2022 $8,296 $724,814 $217,443 $507,371
2021 $8,203 $710,603 $213,180 $497,423
2020 $8,070 $703,318 $210,995 $492,323
2019 $7,881 $689,528 $206,858 $482,670
2018 $7,727 $676,008 $202,802 $473,206
2017 $7,517 $662,754 $198,826 $463,928
2016 $7,416 $649,760 $194,928 $454,832
2015 $7,364 $640,000 $192,000 $448,000
2014 $1,225 $90,363 $27,979 $62,384
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rachel Ni

    Compass

    Section Image

  • A

    Buyer's Agent in 2022

    Angie Xiao

    Intero Burlingame

  • C

    Buyer Co-Listing Agent in 2022

    Chuck Colliver

    Intero Burlingame

  • D

    Seller's Agent in 2014

    Doris Abouav

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81880067

MLSListings

APN: 100-440-240

California San Mateo County Millbrae 94030 Telescope Hills

555 Palm Ave Unit 306, Millbrae, CA

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