NOT LISTED FOR SALE

65 Spruce St Millbrae, CA 94030

Estimated Value: $2,651,000 - $3,655,508

9 Beds
7 Baths
5,613 Sq Ft
$563/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $2,300,000 $410 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,131/month

74 Days on Market

Highlights

  • Forced Air Heating System
  • Taylor Middle School Rated A-
  • Carpet

About This Home

As of June 2015

Rare opportunity 3 units income property in Millbrae. Each unit has individual electric, water and gas meters. Very good rental income. #65 extended in 1989 with 3bd/3ba/living room/dinning room. #67 & #69 built in 1989 both are 3bd/2ba/living room/dinning room. Each unit with 2 cars side by side parking. Walking distance to downtown and shopping.

Last Agent to Sell the Property

Robin Liu

Century 21 Realty Alliance License #01329730 Listed on: 02/20/2015

Last Buyer's Agent

Suzan J. Gogol

Coldwell Banker Realty License #01496584

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,292

Year Built

  • 1989

Lot Details

  • 7,492

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,613 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Sump Pump

Additional Features

  • 7,492 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $114,600

Community Details

Overview

  • 5,613 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Operating Expense $13,258
  • Gross Income $114,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,292

Year Built

1989

Lot Details

0

Parking

6

Listing Details

  • Zoning: R20000
  • Subclass: Triplex
  • Age: 26
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5613
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Living Sq Ft: 5613
  • Stories: 2
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sump Pump

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.07
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 720
  • Expenses Total: 13258
  • Income Annual Gross: 114600.00
  • Income Annual Rental: 114600
  • Income Gross Scheduled: 114600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2015
Sold by
Gee William and Tang Sue S F
Bought by
Burns Jeanne M and Jeanne M Burns 1998 Revocable Trust
Current Estimated Value
$3,161,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2010
Sold by
Gee William and Tang Sue S F
Bought by
Gee William and Tang Sue S F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2007
Sold by
Trau Rita H N
Bought by
Sameer Kawas & Rita Trau Bypass Trust

Purchase Details

Closed on
Aug 2, 2006
Sold by
Kawas Sameer and Kawas Rita
Bought by
Kawas Sameer J and Trau Rita H N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burns Jeanne M $2,300,000 Fidelity National Title Co
Gee William -- Chicago Title Company
Gee William $1,030,000 Chicago Title Company
Sameer Kawas & Rita Trau Bypass Trust -- None Available
Sameer Kawas & Rita Trau 2006 Living Tr -- None Available
Kawas Sameer J -- None Available
Kawas Sameer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeanne M Burns 1998 Revocable $934,000
Open Burns Jeanne M $2,100,000
Previous Owner Burns Jeanne M $1,000,000
Previous Owner Gee William $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $2,300,000 0.0% $410 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $2,300,000 -- $410 / 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 $35,292 $2,764,246 $1,382,123 $1,382,123
2023 $35,292 $2,656,908 $1,328,454 $1,328,454
2022 $29,509 $2,604,812 $1,302,406 $1,302,406
2021 $29,144 $2,553,738 $1,276,869 $1,276,869
2020 $28,666 $2,527,554 $1,263,777 $1,263,777
2019 $27,982 $2,477,996 $1,238,998 $1,238,998
2018 $27,429 $2,429,408 $1,214,704 $1,214,704
2017 $26,928 $2,381,774 $1,190,887 $1,190,887
2016 $26,597 $2,335,074 $1,167,537 $1,167,537
2015 $12,826 $1,097,982 $548,991 $548,991
2014 $12,538 $1,076,476 $538,238 $538,238
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robin Liu

    Century 21 Realty Alliance

  • S

    Buyer's Agent in 2015

    Suzan J. Gogol

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81451668

MLSListings

APN: 021-302-340

California San Mateo County Millbrae 94030

65 Spruce St, Millbrae, CA

This home is located at 65 Spruce St, Millbrae, CA 94030 since 20 February 2015 and is currently estimated at $3,161,127, approximately $563 per square foot. This property was built in 1989. 65 Spruce St is a home located in San Mateo County with nearby schools including Lomita Park Elementary School, Taylor Middle School, and Mills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes